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Investors Bancorp completes acquisition of Gateway

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Investors Bancorp Inc., based in the Short Hills section of Millburn, announced Monday the completion of its acquisition of Gateway Community Financial Corporation. Terms of the deal were not disclosed.

According to the announcement, Gateway is the mid-tier holding company for GCF Bank which operates four branches in Gloucester County. As of September 30, 2013, Gateway had approximately $301 million in assets and $269 million in deposits. The acquisition was approved in late 2013.

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