Adam Saab, Adam Wood, Jason Schmidt and Jessica Sharp bring nearly 75 years of combined experience to the Ewing-based mortgage loan subservicer and federally chartered wholesale bank.
Read More »
Money
Bank of America selects 5 from NJ for paid internship opportunity
These high school Student Leaders take part in an eight-week program, working with Boys & Girls Clubs in New Jersey. The program allows participants to gain employment and leadership skills, in addition to developing their civic engagement.
Read More »First National Bank of Elmer CFO/COO Swift to retire
Matthew Swift joined the South Jersey financial institution in 2018.
Read More »Crum & Forster creates chief risk officer role, promotes Cook
Nick Cook, who previously held the same title in the Morristown-based insurance company’s Surplus & Specialty division, will lead claim audit and claim litigation management while continuing to oversee catastrophe modeling and the ceded reinsurance function.
Read More »The Money Store changes up leadership team
Jeff Carter joins the Florham Park-based direct mortgage lender as chief operating officer. Peter Alvarez, who currently holds that title, has been named chief lending officer.
Read More »Republic First Bank: Madonna named interim CEO, Hill resigns from board
Harry Madonna's return to the chief executive role at the financial institution coincides with the resignation of Vernon Hill as chair of its board, seemingly marking the end of a tumultuous proxy war and the start of a new chapter for the company.
Read More »Cenlar announces successors to retiring leader
Longtime executive Greg Tornquist – who is leaving his posts as chairman of the board, president and CEO – served the Ewing-based financial institution for 35 years and was instrumental in building the company’s mortgage subservicing platform.
Read More »45 NJ startups receive nearly $4M in CSIT grants
The awards will go to 45 organizations across the Garden State to help accelerate their research and development into commercially viable products and services.
Read More »Murphy OKs higher auto insurance coverage requirements
Proponents of the law argue that it will protect accident victims and taxpayers; opponents counter that it will raise rates unnecessarily for drivers who cannot afford the increase.
Read More »Experts: Banks should embrace blockchain to remain relevant
When people think of “blockchain” they often associate it with cryptocurrency. But in fact, crypto is just one facet of blockchain, which is designed to provide trustworthy and speedy financial and other transactions.
Read More »Tough times
The Federal Reserve is hiking interest rates, home sales are slowing and the U.S. may be sliding into a recession. How prepared is the state’s banking industry for what could be a tumultuous period?
Read More »As interest rates rise, bankers weigh in on the lending landscape
When companies need extra cash for growth or other purposes, they may check in with their local banker to find out about a loan. It sounds simple, but every business has unique needs and borrowing capacity — and the mix gets more complicated in an uncertain economy.
Read More »