Investors Bank | banks in the United States

Investors Bank is a publicly-traded, full-service bank that is based in Short Hills, New Jersey, USA. The bank operates over 150 branches across New Jersey and New York.

Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $192 billion in assets as of March 31, 2022. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions. Citizens help their customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas, and solutions.

 

Investors Bank | banks in the United States

 

In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a 24/7 customer contact center, and the convenience of approximately 3,300 ATMs and approximately 1200 branches in 14 states in New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth management, and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate, and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities.

 

Investors Bank | banks in the United States

 

History of Investors Bank

In 1926, the bank was incorporated as the Washington Rock Building and Loan Association. Sixteen years later, its name changed to Investors Savings and Loan Association. Through mergers, acquisitions, and internal expansion, the bank grew and eventually changed its name to Investors Savings Bank.

In 1997, Investors changed from a New Jersey-chartered mutual savings bank to a New Jersey-chartered stock savings bank and reorganized into a two-tiered holding company. The bank became a wholly-owned subsidiary of Investors Bancorp, Inc., a Delaware-chartered, mid-tier stock holding company, and Investors Bancorp Inc. became a wholly-owned subsidiary of Investors Bancorp MHC.

In 2005, Investors Bancorp Inc. became a partially public company, trading common stock on the NASDAQ. In 2011, the bank rebranded itself and changed its name to Investors Bank. On May 8, 2014, Investors Bancorp became a fully public company. 

 

Investors Bank | banks in the United States

 

Acquisitions 

  1. 1942: Millburn Building and Loan Association
  2. 1943: Connecticut Farms Building and Loan Association, Battle Hill Building and Loan Association
  3. 1947: Brick Church Savings and Loan Association
  4. 1958: Lyons Farms Building and Loan Association
  5. 1963: Dividend Hill Savings and Loan Association
  6. 1969: Plainfield Savings and Loan Association
  7. 1973: Camptown Savings and Loan Association
  8. 1977: Supreme Savings and Loan Association
  9. 1991: East Jersey Savings Bank
  10. 1995: five Carteret Federal Savings Bank branches
  11. 2008: Summit Federal Savings Bank
  12. 2009: American Bank of New Jersey, six Banco Popular branches in New Jersey
  13. 2010: seventeen Millennium BCP Bank branches (entire US operations; four branches were later sold by Investors Bank)
  14. 2012: Brooklyn Federal Savings Bank, Marathon Bank
  15. 2013: Roma Bank, RomAsia Bank
  16. 2014: GCF Bank
  17. 2019: Gold Coast Bank

 

Investors Bank | banks in the United States

 

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