Provident Financial Services, the parent company of Provident Bank, and Lakeland Bancorp, the parent company of Lakeland Bank, will combine in an all-stock merger valued at approximately $1.3 billion.
The Federal Reserve Bank of New York issued a non-objection to Lakeland Bancorp’s request to waive the application requirement in connection with the proposed merger of 1st Constitution Bancorp with and into Lakeland Bancorp.
Shareholders of Lakeland Bancorp, the parent company of Lakeland Bank, and 1st Constitution Bancorp, the parent company of 1st Constitution Bank, approved the proposed merger of 1st Constitution with and into Lakeland.
Republic First Bancorp, the parent company of Republic Bank, hired Sheryl Simon as senior vice president and senior relationship manager. Simon previously worked at TD Bank for 11 years and most recently was a relationship manager at Lakeland Bank.
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.