The Federal Deposit Insurance Corporation and the New Jersey Department of Banking and Insurance approved the proposed merger of 1st Constitution Bancorp, the parent company of 1st Constitution Bank, with and into Lakeland Bancorp, the parent company of Lakeland Bank.
The closing of the proposed merger remains subject to the approval of or waiver by the board of governors of the Federal Reserve system, the approval of Lakeland’s shareholders at a special meeting of shareholders to be held on Dec. 3, the approval of 1st Constitution’s shareholders at a special meeting of shareholders to be held on Dec. 3 and certain other customary closing conditions.
