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Wednesday, August 21st, 2019

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Country Bank to Merge with New Jersey Chain

A Country Bank location in the Bronx(photo: Riverdale Press/Marisol Diaz)

According to the Riverdale Press, Country Bank, which has locations in Woodlawn and Riverdale, will be merging with OceanFirst, a bank chain with 75 sites in New Jersey.

The Press reports the deal to be worth $102.2 million and that Country bank believes that this merger will benefit customers with extra products and services.

And OceanFirst will also benefit from the deal, saying that it will help them get into the New York Market.

Read the full August 13, 2019 report by Michael Hinman in RIVERDALE PRESS…

thisistheBronx news summary by: Diego Barcacel Peña

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