SB ONE BANK

  • Bank Name:SB One Bank
  • Bank Class:State Chartered - FED Nonmember Bank
  • FDIC ID:Certificate #22221 - Inactive
  • FED RSSD ID:#403106 - Inactive
Headquarters:399 Route 23, Franklin, New Jersey 07416
Acquired by Provident Bank
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HISTORY OF SB ONE BANK

SB One Bank, originally established as The Sussex County State Bank on February 9, 1976, underwent several name changes and acquisitions throughout its history. The bank became Sussex Bank on October 1, 2001, reflecting its evolving identity. In the following years, SB One Bank expanded its operations by acquiring several institutions, including Newton Savings Bank, FSB in 1992, and Community Bank of Bergen County, New Jersey on January 4, 2018. Shortly thereafter, on April 25, 2018, the institution changed its name to SB One Bank. On December 21, 2018, it acquired Enterprise Bank NJ, further solidifying its presence in the New Jersey banking sector. Ultimately, SB One Bank merged with Provident Bank in Jersey City, New Jersey on July 31, 2020, marking the end of its independent operations.

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

DATEEVENT

1976-02-09Institution established. Original name: The Sussex County State Bank.

1981-10-28Changed Trust Powers to Full.

1992-03-20Acquired Newton Savings Bank, Fsb in Newton, NJ.

2001-10-01Changed Institution Name to Sussex Bank.

2018-01-04Acquired Community Bank of Bergen County, N. J. in Maywood, NJ.

2018-04-25Changed Institution Name to Sb One Bank.

2018-12-21Acquired Enterprise Bank Nj (57055) in Kenilworth, NJ.

2020-07-31Merged and became part of Provident Bank in Jersey City, NJ.

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