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Home Deal Announcements

Lakeland Bank Closes on Merger with Highlands State Bank

byAmanda Koprowski
January 7, 2019
in Deal Announcements

Lakeland Bancorp, parent company of Lakeland Bank, completed its acquisition of Highlands Bancorp with the filing and effectiveness of a Certificate of Merger with the New Jersey Department of Treasury.

Shortly thereafter, Highlands’ subsidiary, Highlands State Bank, merged with and into Lakeland Bank.

Lakeland Bank offers an extensive suite of financial products and services for businesses and consumers. With the closing of the merger, the bank has $6.3 billion in total assets.

Lakeland will also operate 54 branch offices throughout Bergen, Essex, Morris, Ocean, Passaic, Somerset, Sussex and Union counties in New Jersey including one branch in Highland Mills, New York; six New Jersey regional commercial lending centers in Bernardsville, Jackson, Montville, Newton, Teaneck and Waldwick; and one New York commercial lending center to serve the Hudson Valley region. Lakeland also has a commercial loan production office serving Middlesex and Monmouth counties in New Jersey.

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