Wells Fargo & Co. has provided $150,000 in grant funds and $500,000 in lending capital to the Cooperative Business Assistance Corp. in Camden to help develop small businesses in the area.
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Money
SB Bank names banking chief
SB One Bank has promoted Vito Giannola to chief banking officer.
Read More »Wells Fargo tags 825K for Fairmont Heights revitalization
The Wells Fargo Regional Foundation has given a five-year, $825,000 grant to the Urban League of Essex County to support neighborhood revitalization efforts by the Fairmont Heights Neighborhood Association.
Read More »Jets, MT pitch opportunity to regional small businesses
The New York Jets are accepting submissions to receive a $100,000 sponsorship with the team for the 2018 football season as part of its premier New York Jets Small Business Showcase, presented by M&T Bank.
Read More »Northfield Bank taps Farrell CI lending team leader
Woodbridge-based Northfield Bank has hired Patrick Farrell as senior vice president, commercial and industrial lending team leader, a new position.
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Sax LLP expands services with Sax Technology Advisors
Accounting, tax and advisory firm Sax LLP has added Sax Technology Advisors, led by tech veteran Matthew Hahn.
Read More »NJ warns about short-term health plans
The state’s Department of Banking and Insurance has banned the sale of short-term, limited duration health insurance and has made a plea to the federal government to ban it on a nationwide basis.
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Kearny Bank, Clifton Savings finalize merger
Fairfield-based Kearny Bank becomes the fifth-largest community bank in the New York area, based on total assets, following the completion on its merger with Clifton Savings Bank.
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A loan together NJEDA, banks fill big need of small businesses
Michael Cramer, CEO of Adagio Teas in Elmwood Park, had a challenge many entrepreneurs would love: His company was growing, and he needed capital to keep up with demand and expand.
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Financing tips Banks aren’t the only solution for startup capital
In 2014, when Matt Kay and his business partners opened East Coast Float Spa — a flotation therapy center — in Westchester, Pa., they couldn’t get outside financing and had to fund the venture out of pocket.
Read More »Boiling Springs Bank names Nesci president
Boiling Springs Savings Bank has appointed James Nesci, formerly head of national sales at TD Bank’s wealth management business, as president of the Rutherford-based bank.
Read More »TD Bank promotes Mellili to commercial market president for regional operations
TD Bank has promoted Martin Mellili to commercial market president of the bank’s operations in areas including Newark, New Brunswick, Morristown and Elizabeth.
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