Affinity Federal Credit Union expands presence with new branch in Lawrenceville
Affinity Federal Credit Union recently celebrated the opening of its new branch in Lawrenceville. The branch, located at 138 Franklin Corner Road, officially opened in July and was celebrated with a ribbon-cutting event last...
Provident Bank awards $88K to nine N.J. nonprofit organizations
Iselin-based Provident Bank has awarded funding to nine local nonprofit organizations focused on community development, economic empowerment, financial literacy and education and support for housing and homeownership in low- and moderate-income communities.
Since July 2023,...
Why N.J. needs to recognize Qualified Small Business Stock — as 45 other states...
We all know New Jersey has a lot to offer: Prime geographical location, good quality of life, nationally respected schools and universities, incredible talent and a strong and growing entrepreneurial community. However, the state’s...
NJEDA approves Phase III of Manufacturing Voucher Program, adding $10M to program
Phase III of the Manufacturing Voucher Program was approved this week by the New Jersey Economic Development Authority board, dedicating an additional $10 million to support manufacturers' access to new equipment.
To date, the NJEDA...
RICOVR becomes 4th company to receive investment from EDA’s Evergreen Fund
RICOVR Healthcare, an emerging Princeton-based life sciences company that is developing a rapid diagnostic test for cannabis use, became the fourth company approved to receive an investment from the New Jersey Innovation Evergreen Fund...
Valley Bank’s N.J. commercial banking team closes $150M credit facility for cannabis operator
Valley National Bank helped multistate cannabis operator Green Thumb Industries Inc., owner of RISE Dispensaries, close on a $150 million, five-year syndicated credit facility.
The Chicago-based firm intends to use the proceeds along with existing...
Invest Newark appoints Therone Hopkins as chief lending officer
Invest Newark on Thursday named Therone Hopkins as its new chief lending officer. With 17 years of banking experience, Hopkins is a valuable addition to the Invest Newark team, where he will focus on...
Summit-based financial firm Simplicity acquires benefitRFP and names new partner
Simplicity Group Holdings, a Summit-based financial products distribution firm, on Wednesday said it acquired benefitRFP and welcomed the company's founder, Bob Nienaber, as the group's newest partner. BenefitRFP advises companies across the U.S. on...
Mercadien announces executive promotions; names new principal
Princeton-based Mercadien on Wednesday said it recently elevated some of its team to leadership positions.
Matthew Smierciak, a CPA and member of the Compliance Oversight Services Group, was elevated to managing director of the Mercadien...
NJ Bankers foundation donates $25K to support scholarships for families of USS New Jersey’s...
To help celebrate the commissioning of the USS New Jersey fast attack submarine on Saturday, the New Jersey Bankers Association has donated $25,000 to fund scholarships for families of the crew.
The commissioning ceremony for...
