The Tinton Falls-based agency said its new World Payroll and HR division and accompanying website is meant to be used by "companies of all sizes and in all industries." It was made possible due to last December's purchase of South Carolina firm Strovis Payroll & HR.

Enterprises and nonprofits in six counties - Bergen, Gloucester, Hunterdon, Middlesex, Passaic and Somerset - can borrow up to $2 million in low-interest loans that owners can use to pay for storm-damaged property and machinery, equipment, inventory, and any other physical damage they suffered.

Daniel Sussman joined the insurance company in 2019 as senior vice president to launch the credit group.

The Fairfield financial institution named Paterson local Melissa Parrilla to oversee the closing and post-closing department. She joined the company in 2018, after spending more than 20 years at Columbia Bank.

The products allow the institution to deepen its commitment to supporting small and middle-market businesses and their needs.

The transaction includes the assumption and acquisition of approximately $630 million of deposits and approximately $220 million of consumer and commercial loans, together with the related operations.

Richard Barnett will be responsible for the underwriting, strategy and product management of construction surety products and services offered through the Whitehouse Station insurance company's global large accounts segment.

With nearly three decades of international experience directing financial operations, analysis, planning and execution at IBM, Russ Porter succeeds Doreen Remmen, who held the role for more than 12 years.

Matthew Lubin joins C&F after 30-plus years in sector-focused leadership positions at Chubb Ltd. in Whitehouse Station. He will report to CEO Marc Adee and will be responsible for growing and managing the division's diversified portfolio.

Bennett MacDougall will be responsible for overseeing all legal affairs of the financial institution and its subsidiaries and will provide advice to the executive leadership team on law and policy.

The funds will provide support to 12 small businesses and nonprofits, and may be used for reasonable and necessary expenses such as payroll, equipment, working capital or debt payment. 

The short-term loan will facilitate the timely restructuring of the New Jersey-based aluminum manufacturer and distributor.