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 Fri, 20 Oct 2017 18:42:16 EST Fri, 20 Oct 2017 18:42:16 EST http://www.njbiz.com/article/20171019/NJBIZ01/171019827&source=RSS Valley National Bank appoints EVP, CHRO Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp, announced Tuesday it has appointed Yvonne M. Surowiec to executive vice president &#8211 chief human resources officer. Thu, 19 Oct 2017 11:34:00 EST http://www.njbiz.com/article/20171019/NJBIZ01/171019827&source=RSS http://www.njbiz.com/article/20171019/NJBIZ01/171019830&source=RSS New Jersey retail bank Delanco acquired by First Bank Burlington County-based Delanco Bancorp has agreed to be acquired by First Bank in a stock transaction valued at 13. 5 million. Thu, 19 Oct 2017 10:28:00 EST http://www.njbiz.com/article/20171019/NJBIZ01/171019830&source=RSS http://www.njbiz.com/article/20171012/NJBIZ01/171019940&source=RSS Lakeland Bank announces officer promotions Lakeland Bank&#8217s CEO and President Thomas J. Shara announced Wednesday it has completed a series of officer promotions. Thu, 12 Oct 2017 12:34:00 EST http://www.njbiz.com/article/20171012/NJBIZ01/171019940&source=RSS http://www.njbiz.com/article/20171010/NJBIZ01/171019984&source=RSS Walmart donates more than 400K to N.J. charities State-based charities Sage Eldercare and the Food Bank of South Jersey were among the beneficiaries of several charitable donations made by Walmart and the Tue, 10 Oct 2017 12:34:00 EST http://www.njbiz.com/article/20171010/NJBIZ01/171019984&source=RSS http://www.njbiz.com/article/20171010/NJBIZ01/171019986&source=RSS BDO's Woodbridge office hires new partner in charge of ethics BDO USA LLP, a national accounting firm, has hired Lisa Snyder as its new top ethics officer in its Woodbridge office. Tue, 10 Oct 2017 12:28:00 EST http://www.njbiz.com/article/20171010/NJBIZ01/171019986&source=RSS http://www.njbiz.com/article/20171006/NJBIZ01/171009894&source=RSS Seton Hall Business School becomes affiliate of NJSBDC at Rutgers-Newark America&#8217s SBDC New Jersey announced that it is partnering with the Stillman School of Business at Seton Hall University in South Orange to help push forward small business expansion in Essex County. Fri, 06 Oct 2017 13:10:00 EST http://www.njbiz.com/article/20171006/NJBIZ01/171009894&source=RSS http://www.njbiz.com/article/20171006/NJBIZ01/171009896&source=RSS Atlantic Stewardship Bank hires new head of small business lending Atlantic Stewardship Bank has hired Rabhar Ameri to oversee its Small Business Administration unit, which lends to small businesses in New Jersey that do not meet traditional lending requirements. Fri, 06 Oct 2017 10:16:00 EST http://www.njbiz.com/article/20171006/NJBIZ01/171009896&source=RSS http://www.njbiz.com/article/20171005/NJBIZ01/171009915&source=RSS Investors Bank launches New Jersey Devils checking account Short Hills-based Investors Bank, the official bank partner of the New Jersey Devils, has announced the official launch of the Devils checking account. Thu, 05 Oct 2017 13:06:00 EST http://www.njbiz.com/article/20171005/NJBIZ01/171009915&source=RSS http://www.njbiz.com/article/20171003/NJBIZ01/171009967&source=RSS Health care tech company launches 40M credit facility Moorestown-based Tabula Rasa Healthcare has been approved for a new, 40 million revolving credit facility Bridge Bank in California. Terms of the facility were not disclosed, although one official with knowledge of the deal said that it is a five-year facility. Tue, 03 Oct 2017 11:03:00 EST http://www.njbiz.com/article/20171003/NJBIZ01/171009967&source=RSS http://www.njbiz.com/article/20171003/NJBIZ01/171009972&source=RSS Banks without borders More and more N.J. financial institutions are looking elsewhere for growth prospects The resources Valley National Bank fused together from numerous banks throughout its history &#8212 being the product of 29 acquisitions &#8212 has made it a top competitor for the title of largest commercial bank headquartered in New Jersey. Tue, 03 Oct 2017 08:40:00 EST http://www.njbiz.com/article/20171003/NJBIZ01/171009972&source=RSS http://www.njbiz.com/article/20170929/NJBIZ01/170929806&source=RSS Jersey City launches second round of small business grant program Jersey City Economic Development Corp. and its partner, The 504 Co. , will award 25,000 in grants to small, local businesses as part of the second round of its Business Acceleration Program. Fri, 29 Sep 2017 13:52:00 EST http://www.njbiz.com/article/20170929/NJBIZ01/170929806&source=RSS http://www.njbiz.com/article/20170926/NJBIZ01/170929877&source=RSS Financial advisor Beacon Trust hires new investment director Beacon Trust Co. , the wealth advisory arm of Provident Financial Services, announced Tuesday it has hired Brian McGann as director of investment strategy. Tue, 26 Sep 2017 12:24:00 EST http://www.njbiz.com/article/20170926/NJBIZ01/170929877&source=RSS 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