Printer Friendly

CORET?ES NEW JERSEY NATIONAL BANK MERGES FORMER FIRST PEOPLES BANK BRANCHES

 CORET?ES NEW JERSEY NATIONAL BANK MERGES
 FORMER FIRST PEOPLES BANK BRANCHES
 PENNINGTON, N.J., Sept. 21 /PRNewswire/ -- CoreStates New Jersey National Bank (NJNB) today announced the completion of its merger with First Peoples Bank of New Jersey.
 As of today, 31 First Peoples branches will become branches of NJNB. This is the second step in the acquisition process that began on Sept. 3, 1992, when First Peoples Financial Corporation of Haddon Township, N.J., the parent company of First Peoples Bank, was acquired by CoreStates Financial Corp (NASDAQ: CSFN).
 The merger, which comes approximately seven months after the agreement for CoreStates to acquire First Peoples, brings NJNB's total assets to approximately $4 billion and the number of branches to 111, operating in 11 counties.
 Plans call for the entire First Peoples branch system to be consolidated into the NJNB network during the weekend of Sept. 18-21. "We expect the impact on both our new and existing customers to be minimal," said Jack Wallace, chairman, president and CEO of NJNB. "We'll welcome First Peoples' customers into the CoreStates family on September 21st with the unveiling of new signage and a comprehensive marketing campaign," continued Wallace.
 "We have combined our teams to continue as a responsive banking organization with a unique combination of products," said Wallace. He continued, "Former First Peoples' customers will now have an expanded array of banking services available from the bank's Wholesale, Trust, Consumer, Government Banking, Private Banking and Small Business Banking divisions.
 Special welcoming activities, open houses and celebrations are planned throughout the fall.
 A listing of former First Peoples' branches, now NJNB branches, follows.
 CAMDEN COUNTY
 Audubon
 449 Nicholson Road
 Audubon, NJ 08106
 Bellmawr
 301 W. Browning Rd. at Bell Rd.
 Bellmawr, NJ 08031
 Brooklawn
 U.S. 130 in Brooklawn Shopping Center
 Brooklawn, NJ 08030
 Cherry Hill Brace
 1402 Brace Rd. at Kresson Rd.
 Cherry Hill, NJ 08034
 Cherry Hill Rt. 38
 2441 Rt. 38 at Church Rd.
 Cherry Hill, NJ 08002
 Clementon
 100 Berlin Rd.
 Clementon, NJ 08021
 Collingswood
 Rt. 130 & White Horse Pike
 Collingswood, NJ 08108
 Gloucester Twp.
 Blackwood-Clementon Rd. at Peter's Lane
 Blackwood, NJ 08012
 Haddon Township
 Cuthbert Blvd. & Mac Arthur Dr.
 Haddon Twp., NJ 08108
 Laurel Springs
 833 Stone Road
 Laurel Springs, NJ 08021
 Pennsauken
 2932 Haddonfield Rd. at Baily Avenue
 Pennsauken, NJ 08110
 Runnemede
 810 E. Clements Bridge Rd.
 Runnemede, NJ 08078
 Somerdale
 2 S. White Horse Pike
 Somerdale, NJ 08083
 Stratford
 9 S. White Horse Pike
 Stratford, NJ 08084
 Voorhees
 11 S. Burnt Mill Road
 Voorhees, NJ 08043
 Woodlynne
 Mt. Ephraim Ave. at Fairview Street
 Woodlynne, NJ 08104
 BURLINGTON COUNTY
 Marlton
 501 West Rt. 70
 Marlton, NJ 08053
 Mt. Laurel
 1288 Rt. 73
 Mt. Laurel, NJ 08054
 Moorestown
 Church & New Albany Road
 Moorestown, NJ 08057
 CUMBERLAND COUNTY
 Vineland
 532-34 Landis Avenue
 Vineland, NJ 08360
 East Landis
 1180 E. Landis Avenue
 Vineland, NJ 08360
 North Vineland
 John Street at N.W. Blvd.
 Vineland, NJ 08360
 Park Avenue
 9-11 Park Avenue
 Vineland, NJ 08360
 South Vineland
 2550 S. Main Road
 Vineland, NJ 08360
 GLOUCESTER COUNTY
 Woodbury
 220 S. Broad Street
 Woodbury, NJ 08096
 Deptford Mall
 413 N. Hurffville Rd.
 Deptford, NJ 08096
 North Woodbury
 659 N. Broad Street
 Woodbury, NJ 08096
 Pitman
 51 S. Broadway
 Pitman, NJ 08071
 Wenonah
 Mantua Ave. & Woodbury-Glassboro Rd.
 Wenonah, NJ 08090
 Washington Township
 505 Hurffville-Cross Keys Rd.
 Bunker Hill Plaza
 Sewell, NJ 08080
 Cross Keys
 Rt. 555 and Rt. 42
 Cross Keys Commons Shopping Center
 P.O. Box 8849
 Turnersville, NJ 08012
 /delval/
 -0- 9/21/92
 /CONTACT: Judith Williams of CoreStates New Jersey National Bank, 609-771-5865/
 (CSFN) CO: CoreStates New Jersey National Bank; First Peoples Bank of New
 Jersey; First Peoples Financial Corporation ST: New Jersey IN: FIN SU: TNM


CC -- PH024 -- 1656 09/21/92 12:03 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Sep 21, 1992
Words:624
Previous Article:CAERE CORP. AND DELRINA TECHNOLOGY INK FAX/OCR AGREEMENT; INDUSTRY LEADERS TO GROW PC FAX/OCR MARKET
Next Article:'THE ROCKETEER' WILL HAVE ITS EXCLUSIVE WORLD TELEVISION PREMIERE ON THE DISNEY CHANNEL, SEPT. 27
Topics:


Related Articles
N.J. DEPARTMENT OF BANKING: SUSSEX COUNTY STATE BANK TAKES NEWTON SAVINGS BANK, FSB
NATWEST EXPANDS IN WESTCHESTER
FIRST FIDELITY TO ACQUIRE FIRST PEOPLES NATIONAL BANK OF EDWARDSVILLE, PA., FOR $19.6 MILLION IN CASH
NATWEST AND CITIZENS FIRST BANCORP ANNOUNCE MERGER OF NEW JERSEY BANKS
UNITED JERSEY BANK GETS MERGER APPROVAL
CORESTATES NEW JERSEY NATIONAL BANK MERGES FORMER CONSTELLATION BANK BRANCHES
Financial News: a deal to bank on.
First Source Bancorp, Inc. Announces Merger with Pulse Bancorp, Inc.
Thanks to Mergers, Arvest emerges as largest bank. (Banking/Finance).

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters