Jeff For Banks

DECEMBER 12, 2017

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. Total return includes two components: capital appreciation and dividends. In 2007, the Bank had $1.1

Minnesota 60

Minnesota West Virginia Virginia Iowa 60

American Banker

NOVEMBER 1, 2016

A small New Jersey bank that is a so-called rent-a-charter partner of more than a dozen marketplace lenders has raised millions of dollars from some household names in the venture capital world.

New Jersey 28

New Jersey Capital NJ Community Bank 28

Jeff For Banks

JUNE 2, 2023

//Jeff Marsico remarks to the 2023 New Jersey Bankers' Association Annual Convention: May 19, 2023// Four decades ago, the prolonged savings-and-loan crisis devastated the industry. Between 1980 and 1995, more than 2,900 banks and thrifts with collective assets of more than $2.2 trillion failed.

FDIC 60

FDIC Community Bank Regulation Lending 60

American Banker

DECEMBER 27, 2016

That is Fred Viaud's goal for Glen Rock Savings Bank in New Jersey, which on Tuesday said he would be promoted to president and CEO next week. Get out of the red six months from now.

New Jersey 28

New Jersey NJ Community Bank Capital 28

American Banker

DECEMBER 1, 2016

The billionaire investor will soon step down from the New Jersey company's board as he prepares to become Commerce secretary. The appointment, however, shouldn't force any changes in his firm's holdings or its investment in the banking sector.

New Jersey 28

New Jersey Company NJ Community Bank 28

Gonzobanker

DECEMBER 19, 2022

2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. Except maybe they did partly.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

DECEMBER 7, 2018

Cross River Bank. Though not venture capital, the private equity raised for New Jersey-chartered community bank Cross River Bank is noteworthy not only for its impressive price tag of $100 million, but for its reflection of investors’ support for financial institutions that collaborate with the tech startup scene.

Analytics 176

Analytics Data Capital Software 176

Gonzobanker

DECEMBER 20, 2018

Despite some controversy about the deal bidding structure, the point is that MB got close to $5 billion for the franchise and locked in an exchange rate before the bank equity market softened. Bank Purchase of the Year. CVB Financial acquires Community Bank. Banks Leveraging Fintechs Award. Easy as a golf swing.

Fintech 100

Fintech Conference Innovation Community 100