Printer Friendly

NATWEST EXPANDS MORTGAGE OPERATION TO WALL TOWNSHIP

 JERSEY CITY, N.J., Nov. 19 ~PRNewswire~ -- NatWest Home Mortgage Corporation, a unit of National Westminster Bancorp (NYSE: NW), has announced that it has recently expanded to new offices at Monmouth Shores Corporate Park, in Wall Township, N.J.
 The NatWest mortgage subsidiary will use the Corporate Park facility at 1415 Wyckoff Road for loan origination and production, and will continue to use its Manahawkin, N.J. location for mortgage loan servicing.
 "We selected Wall Township for a number of reasons," said John Imbriale, managing director of NatWest Home Mortgage Corporation. "It satisfies our need for additional space, is within communication distance for our existing employees, and offers an excellent labor pool on which we can draw."
 Imbriale said that the mortgage subsidiary, with some 100 employees, will be increasing staff immediately. "Because of low interest rates, competitive pricing and a wide range of product offerings, we've experienced tremendous growth the past year," he added. "We are looking to become a much larger player in the mortgage area."
 NatWest Home Mortgage Corporation was established in Manahawkin in 1987. The consolidation of NatWest's New York and New Jersey mortgage operations took place in July 1991.
 -0- 11~19~92
 ~CONTACT: Tim Connolly, 201-547-7533, or Lois Greeley, 201-547-7517, both of National Westminster Bancorp~
 (NW)


CO: National Westminster Bancorp ST: New Jersey IN: FIN SU:

SH-OS -- NY048 -- 2842 11~19~92 11:40 EST
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:Nov 19, 1992
Words:231
Previous Article:ATLAS CONSOLIDATED MINING & DEVELOPMENT CORP. REPORTS THIRD QUARTER AND NINE MONTHS RESULTS
Next Article:E&B MARINE INC. PURCHASES CERTAIN ASSETS FROM WHARF CORPORATION
Topics:


Related Articles
NATWEST EXPANDS IN CONNECTICUT, OPENS OFFICE IN HARTFORD
CENTRAL HOLDING COMPANY ANNOUNCES THE ENGAGEMENT OF AN INVESTMENT BANKING FIRM
NATWEST EXPANDS IN WESTCHESTER
PENNSYLVANIA GOV. CASEY SIGNS SUNNY DAY BILL
NATWEST BANCORP PERFORMANCE CONTINUES STEADY RISE; REPORTS $76.3 MILLION NET INCOME FOR THIRD QUARTER
NATWEST BANCORP PERFORMANCE CONTINUES STEADY RISE; REPORTS $76.3 MILLION NET INCOME FOR THIRD QUARTER
NATWEST BANCORP REPORTS 38% INCREASE IN PRE-TAX INCOME; EFFICIENCY RATIO IMPROVES FROM 63% TO 58%
DCR RATES FLEET FINANCIAL GROUP'S PREFERRED STOCK 'BBB+'
FITCH AFFIRMS FLEET FINANCIAL DEBT RATINGS ON ACQUISITION/REORG -- FITCH FINANCIAL WIRE
Fleet Financial Group Completes Ambitious Seven State Conversion Of Shawmut and NatWest Operations

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