Thomas Iadanza will lead the financial institution with Ira Robbins continuing to serve as CEO.

Expected to close in January 2022 and first announced in July of this year, the deal would create the fifth-largest bank based in New Jersey.

New Jersey employers should not expect the hiring shortage to end soon, and employees will likely have leverage for quite some time.

The acquisition will form part of the new Pershing X offering, a recently launched business unit designed to build innovative solutions for advisory industry clients.

"Today's business world is getting increasingly fast paced and there is an expanded role for accounting & finance professionals, with a higher focus on skills and knowledge," said Josh Heniro, senior director of Southeast Asia at Montvale-based IMA.

The company has been an innovator in the digital media and content sectors across entertainment, sports, gaming, live streaming, and brand storytelling since its founding in 2012.

R. Christian Pfefferle is responsible for managing relationship managers and lending specialists who work with small- to mid-sized companies.

The planned merger will add 154 branches to the Rhode Island-based institution, along with approximately $27 billion in total assets and $20 billion in deposits.

The institution's chief culture officer, Dennis Budinich, will join 710 WOR-AM's "Mind Your Business" program to co-host an interview with CNN Hero and Comfort Cases founder and Chief Executive Officer Rob Scheer.

According to the lender, Jessica Dudick has more than 15 years of experience dealing with business loans, new business development and relationship management.

The deal grows the the financial institution to approximately $4.0 billion in assets, $3.1 billion in loans, and $3.2 billion in deposits with 26 branches in New Jersey.

The Austin-based fintech brings payment solutions to clients in sectors including money service businesses, e-commerce businesses, and retailers.