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UJB INVESTOR SERVICES IS NEW NAME OF N.J.'s LARGEST DISCOUNT BROKER

 PRINCETON, N.J., Nov. 1 /PRNewswire/ -- Richard Blackman and Co., Inc., the largest discount stock brokerage firm based in New Jersey, has officially changed its name to UJB Investor Services Co. effective today, announced Joseph J. McCaffrey, president of the brokerage unit. The firm has been a wholly owned subsidiary of UJB Financial Corp. since July 1983.
 "It was important to us that the investing public be fully aware of our affiliation with UJB Financial Corp. and the United Jersey banks," explained McCaffrey. "We're extremely proud of this connection, and we are pleased to be part of a growing organization committed to bringing affordable investing alternatives to the public." The new UJB Investor Services Co. will continue to be New Jersey's largest discount stockbroker, saving customers up to 70 percent off full service broker commissions.
 UJB Investor Services will continue to offer the same benefits that have been available to customers of Richard Blackman. These include: automated order entry, a toll-free trading number, 24-hour stock quotes, and on-line 90 day account history.
 UJB Investor Services is a subsidiary of UJB Financial Corp. of Princeton, N.J., one of the nation's 50 largest bank holding companies with $13.5 billion in assets and 257 banking offices in New Jersey and eastern Pennsylvania. The company has six banks and nine active non- bank subsidiaries providing financial services to individuals, businesses, not-for-profit organizations, government and other financial institutions. Its common stock is traded on the New York Stock Exchange under the symbol UJB.
 -0- 11/1/93
 /CONTACT: Barbara M. Horn, Corporate Communications of UJB, 609-987-3332/
 (UJB)


CO: UJB Investor Services Co.; Richard Blackman and Co., Inc; UJB
 Financial Corp. ST: New Jersey IN: FIN SU:


LG-TA -- NY072 -- 9254 11/01/93 15:05 EST
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Publication:PR Newswire
Date:Nov 1, 1993
Words:292
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