M&A Deal Summary |
|
|---|---|
| Date | 2014-01-30 |
| Target | Atlas Bank |
| Sector | Financial Services |
| Buyer(s) | Kearny Bank |
| Deal Type | Merger |
| Advisor(s) | Sandler O'Neill + Partners (Financial) Kilpatrick Townsend & Stockton (Legal) |
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| Category | Company |
|---|---|
| Founded | 1884 |
| Sector | Financial Services |
| Employees | 552 |
| Revenue | 141M USD (2024) |
Kearny Bank is the parent company of Kearny Federal Savings Bank, a federally chartered savings bank. Kearny operates from its administrative headquarters in Fairfield, New Jersey, and 27 retail branch offices located in Bergen, Hudson, Passaic, Morris, Middlesex, Essex, Union and Ocean Counties, New Jersey. At March 31, 2010, Kearny Financial Corp. had total assets, deposits and stockholders' equity of $2.25 billion, $1.54 billion, and $482.0 million. Kearny Bank was founded in 1884 and is based in Fairfield, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Financial Services M&A | 2 of 2 |
| Type: Merger M&A Deals | 2 of 2 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2014 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-05-25 |
Central Jersey Bancorp.
Oakhurst, New Jersey, United States Central Jersey Bancorp is the holding company and sole shareholder of Central Jersey Bank, N.A. Central Jersey Bank, N.A. and provides a full range of banking services to both individual and business customers through 13 branch facilities located in Monmouth and Ocean Counties, New Jersey. |
Buy | $72M |