Investors Bank

Investors Bank, originally established as Investors Savings and Loan Association in 1926, underwent several significant transformations and expansions over its history. The institution adopted the name Investors Savings Bank in 1992 when it transitioned to a mutual savings bank. In 1997, it changed its organization type to a stock savings bank, reflecting its evolving business model. The bank continued to expand through acquisitions, including East Jersey Savings Bank in 1991 and several other financial institutions throughout the 2000s, such as American Bank of New Jersey in 2009 and Brooklyn Federal Savings Bank in 2012. In 2011, the name was officially changed to Investors Bank. The bank relocated its main office multiple times, ultimately settling in Short Hills, New Jersey, in 2014. In a continued effort to grow, Investors Bank acquired Gold Coast Bank in 2020 and underwent a reorganization of its services, changing to a commercial bank in 2019. The final chapter in its independent history came in April 2022, when Investors Bank merged with Citizens Bank, National Association, thereby becoming part of a larger banking entity based in Providence, Rhode Island.

Below is a list of some important events in banks history, including mergers and acquisitions.

1926-01-01Institution established. Original name: Investors Savings and Loan Association.

1977-12-31Acquired Supreme Savings and Loan Association of Irvington New Jersey in Irvington, NJ.

1991-07-01Acquired East Jersey Savings Bank Sla in Deal, NJ.

1992-01-02Changed Organization Type to Mutual Savings Bank.

1992-01-02Changed Institution Name to Investors Savings Bank.

1992-01-02Main Office moved to 249 Millburn Avenue, Millburn, NJ 07041.

1996-01-16Main Office moved to 243 Millburn Avenue, Millburn, NJ 07041.

1996-09-25Main Office moved to 249 Millburn Avenue, Millburn, NJ 07041.

1997-01-21Changed Organization Type to Stock Savings Bank.

2004-06-01Main Office moved to 101 Jfk Parkway, Short Hills, NJ 07078.

2008-06-06Acquired Summit Federal Savings Bank in Summit, NJ.

2009-05-31Acquired American Bank of New Jersey in Bloomfield, NJ.

2011-09-19Changed Institution Name to Investors Bank.

2012-01-07Acquired Brooklyn Federal Savings Bank in Brooklyn, NY.

2012-10-15Acquired Marathon National Bank of New York in Astoria, NY.

2013-12-06Acquired Roma Bank in Robbinsville, NJ.

2013-12-06Acquired RomAsia Bank in Monmouth Junction, NJ.

2014-01-10Acquired Gcf Bank in Sewell, NJ.

2019-12-06Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).

2019-12-06Changed Organization Type to Commercial Bank.

2019-12-06Main Office moved to 101 John F Kennedy Pkwy, Short Hills, NJ 07078.

2020-04-02Acquired Gold Coast Bank in Islandia, NY.

2022-04-07Merged and became part of Citizens Bank, National Association in Providence, RI.