NJBIZ - Banking, Finance and Accounting http://www.njbiz.com/section/banking_finance Banking, Finance and Accounting Banking, Finance and Accounting en-us Copyright 2017 NJBIZ Sun, 24 Sep 2017 12:04:58 EST Sun, 24 Sep 2017 12:04:58 EST http://www.njbiz.com/article/20170921/NJBIZ01/170929965&source=RSS G.S. Wilcox secures financing for apartment complex in New Windsor Real estate banking firm G. S. Wilcox Co. recently announced it secured a 43 million loan for a newly constructed, 270-unit apartment complex in New Windsor, New York. Thu, 21 Sep 2017 13:35:00 EST http://www.njbiz.com/article/20170921/NJBIZ01/170929965&source=RSS http://www.njbiz.com/article/20170919/NJBIZ01/170919830&source=RSS N.Y. Jets, MT Bank strike community bank partnership The New York Jets, based in The Green at Florham Park, announced today that a multiyear partnership with MT Bank has been struck through which the bank has been named the &#8216Official Community Bank of the New York Jets&#8217. Tue, 19 Sep 2017 13:41:00 EST http://www.njbiz.com/article/20170919/NJBIZ01/170919830&source=RSS http://www.njbiz.com/article/20170919/NJBIZ01/170919831&source=RSS Prudential names new chief actuary Newark-based Prudential Financial Inc. announced Monday that Candace Woods has been promoted to chief actuary and senior vice president. Tue, 19 Sep 2017 13:02:00 EST http://www.njbiz.com/article/20170919/NJBIZ01/170919831&source=RSS http://www.njbiz.com/article/20170918/NJBIZ01/170919850&source=RSS Unity Bank opens new N.J. location in North Jersey Unity Bank announced recently it plans to open its second Bergen County branch in November. Mon, 18 Sep 2017 14:33:00 EST http://www.njbiz.com/article/20170918/NJBIZ01/170919850&source=RSS http://www.njbiz.com/article/20170918/NJBIZ01/170919858&source=RSS N.J.-based First Bank acquires Bucks County Bank for 27.2M Hamilton-based First Bank announced Monday it has completed its merger agreement with Bucks County Bank. Mon, 18 Sep 2017 12:47:00 EST http://www.njbiz.com/article/20170918/NJBIZ01/170919858&source=RSS http://www.njbiz.com/article/20170918/NJBIZ01/170919889&source=RSS A Minority Niche A sharp focus on a specific population can yield returns In June, Bayonne-based BCB Community Bank announced a merger agreement with Indus-American Bank, an Edison-based institution that focuses on the Indian-American community. The deal was the first &#8220ethnic&#8221 foray for BCB, but it probably won't be the last, according to BCB's CEO Tom Coughlin. Fri, 15 Sep 2017 13:38:00 EST http://www.njbiz.com/article/20170918/NJBIZ01/170919889&source=RSS http://www.njbiz.com/article/20170918/NJBIZ01/170919890&source=RSS The ABCs of a Power Bank Insiders talk about transforming a run-of-the-mill financial institution into a power bank When NJBIZ decided to tackle the topic of power banks &#8212 institutions that stand out, regardless of their size, and have a positive reputation as forward-thinking and tech-savvy brands &#8212 one of our first questions was &#8220what makes a financial institution a power bank?&#8221 So we went straight to the top and asked John McWeeney. . . Fri, 15 Sep 2017 13:34:00 EST http://www.njbiz.com/article/20170918/NJBIZ01/170919890&source=RSS http://www.njbiz.com/article/20170918/NJBIZ01/170919891&source=RSS Investing in relationships Investors Bank CEO makes connecting with customers centerpiece of his job When Kevin Cummings was appointed CEO of Investors Bank on January 1, 2008&#8212just in time for the Great Recession&#8212the Short Hills-based bank had about 6. 4 billion in assets and 450 employees. At that point, Cummings made it a point to meet with every employee, either individually or in &#8220town halls&#8221 and other group. . . Fri, 15 Sep 2017 13:30:00 EST http://www.njbiz.com/article/20170918/NJBIZ01/170919891&source=RSS http://www.njbiz.com/article/20170913/NJBIZ01/170919947&source=RSS CBC Advisors opens N.J. office Coldwell Banker Commercial Advisors announced recently it has opened a satellite office in Hasbrouck Heights. Wed, 13 Sep 2017 12:14:00 EST http://www.njbiz.com/article/20170913/NJBIZ01/170919947&source=RSS http://www.njbiz.com/article/20170905/NJBIZ01/170909944&source=RSS MT Bank to open new branch in Paterson MT Bank announced it has planned to open a 1,726-square-foot branch in Paterson. Tue, 05 Sep 2017 14:14:00 EST http://www.njbiz.com/article/20170905/NJBIZ01/170909944&source=RSS http://www.njbiz.com/article/20170905/NJBIZ01/170909947&source=RSS Northfield Bank announces new EVP Northfield Bancorp&#8217s subsidiary Northfield Bank recently announced it has hired Tara French to serve as the executive vice president and chief administrative officer, effective September 18. Tue, 05 Sep 2017 11:42:00 EST http://www.njbiz.com/article/20170905/NJBIZ01/170909947&source=RSS http://www.njbiz.com/article/20170904/NJBIZ01/170909988&source=RSS Wells Fargo exec details crawl back from scandal #8212 Perry 'We're doing everything we can to make things right' after account-creation fiasco With the 2008 financial crisis still fresh in many people&#8217s minds, Wells Fargo&#8217s recent scandal, in which the bank admitted to signing up its customers for more than 2 million potentially unauthorized accounts, probably didn&#8217t help the public&#8217s trust in banking institutions. Fri, 01 Sep 2017 11:33:00 EST http://www.njbiz.com/article/20170904/NJBIZ01/170909988&source=RSS http://www.njbiz.com/article/20170901/NJBIZ01/170909973&source=RSS N.J. county has the second-highest net worth in the U.S., study finds Northwestern counties in New Jersey have some of the highest net worths in the state &#8212 and the country &#8212 according to a study released by financial technology company SmartAsset. Fri, 01 Sep 2017 13:07:00 EST http://www.njbiz.com/article/20170901/NJBIZ01/170909973&source=RSS http://www.njbiz.com/article/20170901/NJBIZ01/170909989&source=RSS Mortgage subservicer hires chief information officer Cenlar FSB, a Ewing-based residential mortgage subservicer, announced Friday it has named a new chief information officer. Fri, 01 Sep 2017 11:31:00 EST http://www.njbiz.com/article/20170901/NJBIZ01/170909989&source=RSS http://www.njbiz.com/article/20170828/NJBIZ01/170829860&source=RSS TD Bank building is sold in Ramsey Commercial real estate firm Cushman Wakefield recently announced it has brokered the sale of a 19,707-square-foot office building in Ramsey to a private investor. Mon, 28 Aug 2017 14:21:00 EST http://www.njbiz.com/article/20170828/NJBIZ01/170829860&source=RSS http://www.njbiz.com/article/20170824/NJBIZ01/170829909&source=RSS Payment software firm Billtrust to move HQ to Lawrenceville, add 200 employees Billtrust, a payment cycle management software company, is about to significantly expand its own payroll. Thu, 24 Aug 2017 12:49:00 EST http://www.njbiz.com/article/20170824/NJBIZ01/170829909&source=RSS http://www.njbiz.com/article/20170823/NJBIZ01/170829919&source=RSS CW secures financing for Paterson distribution center Commercial real estate firm Cushman Wakefield recently announced it secured 15. 34 million in financing for a joint partnership between Camber Real Estate Partners and Advance Realty for an Interstate 80 distribution center in Paterson. Wed, 23 Aug 2017 14:27:00 EST http://www.njbiz.com/article/20170823/NJBIZ01/170829919&source=RSS http://www.njbiz.com/article/20170823/NJBIZ01/170829920&source=RSS HFF secures refinancing for industrial building in Clifton Commercial real estate firm Holliday Fenoglio Fowler recently announced it represented a partnership between Tulfra Real Estate and The Hampshire Cos. in securing refinancing for a 204,000-square-foot industrial building in Clifton. Wed, 23 Aug 2017 14:21:00 EST http://www.njbiz.com/article/20170823/NJBIZ01/170829920&source=RSS http://www.njbiz.com/article/20170821/NJBIZ01/170829988&source=RSS TriState Capital appoints EVP of finance and CFO transition plan TriState Capital Holdings Inc. announced that David J. Demas has been named executive vice president of finance and will succeed Mark L. Sullivan as chief financial officer, after a four-month transition period, on Jan. 1, 2018. Mon, 21 Aug 2017 10:59:00 EST http://www.njbiz.com/article/20170821/NJBIZ01/170829988&source=RSS http://www.njbiz.com/article/20170818/NJBIZ01/170819818&source=RSS N.J. continues summer growth in employment New Jersey&#8217s private-sector employment grew by nearly 10,000 jobs in July, following a revised gain of nearly 15,000 jobs in June, the state Department of Labor and Workforce Development reported recently. Fri, 18 Aug 2017 13:25:00 EST http://www.njbiz.com/article/20170818/NJBIZ01/170819818&source=RSS