Collective Bancorp completes acquisition of Continental Bancorporation.EGG HARBOR Egg Harbor may refer to the following places in the United States of America:
COFD Cost of Financial Distress ) has completed its acquisition of Continental Bancorporation, it was announced Tuesday by Thomas H. Hamilton, chairman and chief executive officer of Collective. Continental Bancorporation is the parent holding company for Continental Bank of New Jersey, a state-chartered commercial bank with $170 million in assets which operates four banking offices in Camden County Camden County can refer to:
Under the terms of the transaction, each of the 5,140,527 shares of Continental Bancorporation common stock outstanding was converted into the right to receive $5.00 per share in cash. The total transaction is valued at $25.7 million. Instructions for the surrender of shares for payment will be mailed to holders of Continental Bancorporation common stock as soon as practicable, Collective indicated. Collective Bancorp Inc. is the parent holding company for Collective Bank, a $5.2 billion in assets federal savings bank Noun 1. federal savings bank - a federally chartered savings bank FSB savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks headquartered in Egg Harbor. Collective Bank operates 78 banking offices providing depository and lending services to individuals and businesses throughout New Jersey. CONTACT: Collective Bancorp, Egg Harbor Scott Page Scott Page is a session musician, and is frequently hired to perform with bands on tour. He is a multi-instrumentalist, playing guitar, saxophone, flute and other instruments. , 609/625-1110 |
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