American Bancorp of New Jersey, Inc. Announces Opening of Full Service Branch in Verona, New Jersey.BLOOMFIELD, N.J. -- American Bancorp of New Jersey, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ABNJ ABNJ American Bancorp of New Jersey, Inc ) ("American") announced the grand opening of American Bank of New Jersey's newest full service branch located at 725 Bloomfield Avenue in Verona, New Jersey Verona is a township in Essex County, New Jersey, United States. As of the United States 2000 Census, the township population was 13,533, making it the 181st most populous municipality in New Jersey (out of 566 statewide). . The event was held on Saturday, December 2, 2006 and represents the third full service branch office for the Bank all of which are located in Essex County, New Jersey. As of September 30, 2006, the Company had consolidated total assets of $514.3 million and stockholders' equity Stockholders' Equity The portion of the balance sheet that includes capital received from investors in exchange for stock (paid-in capital), donated capital, and retained earnings. This is equal to total assets minus liabilities, preferred stock and intangible assets. of $124.9 million. The Bank is a federally chartered stock savings bank which conducts business from its main office in Bloomfield, New Jersey and its branch offices located in Verona and Cedar Grove, New Jersey. The foregoing material contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 concerning our financial condition, results of operations and business. We caution that such statements are subject to a number of uncertainties and actual results could differ materially, and, therefore, readers should not place undue reliance on any forward-looking statements. We do not undertake, and specifically disclaim, any obligation to publicly release the results of any revisions that may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements. |
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