First State Bank, Cranford, NJ, Closed By Regulators – First New Jersey Bank Failure of 2011

New Jersey saw its first banking failure of 2011 as regulators closed a quarter billion dollar banking institution.  First State Bank, Cranford, New Jersey, was closed today by the NJ Department of Banking, which appointed the FDIC as receiver.   The failed Bank was sold to Northfield Bank, Staten Island, New York, which will assume all […]