Business NewsMarketWire • Kearny Federal Savings Bank to Acquire Atlas Bank, Brooklyn, New York

Kearny Federal Savings Bank to Acquire Atlas Bank, Brooklyn, New York

Kearny Federal Savings Bank to Acquire Atlas Bank, Brooklyn, New York

FAIRFIELD, NJ and BROOKLYN, NY--(Marketwired - Jan 30, 2014) -  Kearny Financial Corp. (NASDAQ: KRNY) (the "Company"), the holding company for Kearny Federal Savings Bank ("Kearny") and Atlas Bank ("Atlas"), today announced the execution of a merger agreement pursuant to which Atlas will merge with and into Kearny. The acquisition will add Atlas's offices in Brooklyn and Staten Island, New York to Kearny's 41 branch network located throughout northern and central New Jersey. Atlas's existing branch offices are expected to operate under the name, "Atlas Bank, a division of Kearny Federal Savings Bank," for at least a year following the merger.

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