First Bank announced Monday it has expanded in Mercer County with the acquisition of Grand Bank N.A.
“Although recent expansion has occurred out of state, we have never taken our focus away from our own backyard,” First Bank CEO and President Patrick L. Ryan said. “There’s a reason community banks are referred to as the ‘heart’ of the community. Our mission is to serve our customers and employees well, build relationships and give back to our neighbors.”
The Hamilton-based community bank’s two new branches are located at One Edinburg Road in Mercerville and 2265 Route 33 in Hamilton Square — bringing its total number of branches in Mercer County to six.
Under the deal, First Bank will now have more than $2 billion in assets with 18 branches located throughout seven New Jersey counties and two eastern Pennsylvania ones.
Financial terms were not disclosed.
