Investors Bank is a publicly traded American independent full service savings bank that is based in Short Hills, New Jersey, USA. The bank operates over 130 branches across New Jersey and New York.
History
In 1926, the bank was incorporated as the Washington Rock Building and Loan Association. Sixteen years later, its name changed to Investors Savings and Loan. Through mergers, acquisitions, and internal expansion, the bank grew and eventually changed its name to Investors Savings Bank.
In 1997, Investors changed from a New Jersey-chartered mutual savings bank to a New Jersey-chartered stock savings bank, and reorganized as a two-tiered holding company. The bank became a wholly owned subsidiary of Investors Bancorp, Inc., a Delaware-chartered, mid-tier stock holding company, and Investors Bancorp Inc. became a wholly owned subsidiary of Investors Bancorp MHC.
In 2005, Investors Bancorp Inc. became a partially public company, trading common stock on the NASDAQ. In 2011, the bank rebranded itself and changed its name to Investors Bank. On May 8, 2014 Investors Bancorp became a fully public company.
Acquisitions
- 2008: Summit Federal Savings Bank
- 2009: American Bank of New Jersey
- 2010: six Banco Popular branches in New Jersey
- 2010: Millennium BCP Bank
- 2012: Brooklyn Federal Savings Bank, Marathon Bank
- 2013: Roma Bank
- 2014: GCF Bank
References
External links
- Company Site
Interesting Informations
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