Nicos Katsoulis has been appointed to the boards of OceanFirst Bank N.A. and OceanFirst Financial Corp., the holding company for the Red Bank-based financial institution, effective January 2019.
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Money
Prager Metis expands financial services with 3 new partners
Karen Kerby and Robert Crowley have joined Prager Metis CPAs as partners, and will lead the Financial Services Group for the accounting and advisory firm.
Read More »FDIC approves planned merge for Lakeland and Highlands State banks
Lakeland Bancorp Inc. and Highlands Bancorp Inc. have received approval from the Federal Deposit Insurance Corp. for the merger of Highlands State Bank with and into Lakeland Bank, the institutions’ said.
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Boiling Springs adds Miller as evp, chief retail officer
Elizabeth Miller has joined Rutherford-based Boiling Springs Savings Bank as chief retail officer, executive vice president.
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NJBIZ Lists Commercial Banks
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Looking for trouble High-yield lenders willing to take on the projects others steer clear of 
When real estate developers approach a bank for financing, they will usually tidy up the company’s financial statements and other documents and put the finishing touches on a presentation highlighting the expected return on the project.
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Finding that first home Millennials, others may be surprised to learn they can qualify for mortgage
Being a millennial can be tough. The generation generally defined as 25-34 years old encompasses a lot of people who are staggering under huge student-loan debt and many also came of age during the Great Recession, when good-paying jobs were disappearing like melting icicles.
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The cannabis conundrum Many financial institutions could lose out on billion-dollar marijuana industry
The North American legalized cannabis market is worth anywhere from $10 billion to $50 billion, according to some estimates. New Jersey, with a dense, fairly well-off population could capture a sizable chunk of this pot of gold. The dispensaries and other legal outlets will have to put their money someplace for safekeeping, but there is some...
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VA home-purchase loans up 80 in NJ, lender says
The nation’s largest Veterans Administration lender said Wednesday home-purchase loans surged in New Jersey in fiscal year 2018.
Read More »Agency awards 28M in tax credits to expand affordable housing
The New Jersey Housing and Mortgage Finance Agency has awarded more than $28 million in the federal Low Income Housing Tax Credit program to create more than 1,400 affordable apartments for families, seniors and special-needs residents in 12 counties.
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Top-ranked credit unions in NJ share their approaches to service
What makes a credit union stand out from the competition? Earlier this year Forbes partnered with market research firm Statista to survey more than 25,000 customers in the U.S. about their credit union. Two of the top-ranked institutions with operations in New Jersey shared their secret sauce with NJBIZ.
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With many CEO retirements looming, credit unions search for new leaders
Successful business owners are always thinking about their situation, running “what-if” scenarios on issues ranging from supply chain interruptions to new competitors. It’s a good practice, say experts, who add organizations should also consider what they’ll do in case of a sudden change at the top of the organizational...
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