Investors Bancorp Inc., based in the Short Hills section of Millburn, announced today the completion of its acquisition of Roma Financial Corporation. Financial terms were not disclosed.
According to the announcement, the transaction includes Roma Financial as well as its subsidiary banks, Roma Bank and RomAsia Bank and is effective as of the close of business on December 6, 2013. The combined institution has approximately $15.5 billion in assets, $10.0 billion in deposits and 127 branch locations.
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