Business NewsMarketWire • Kearny Financial Corp. and Central Jersey Bancorp Announce Receipt of OTS Approval of Merger

Kearny Financial Corp. and Central Jersey Bancorp Announce Receipt of OTS Approval of Merger

Kearny Financial Corp. and Central Jersey Bancorp Announce Receipt of OTS Approval of Merger

FAIRFIELD, NJ and OAKHURST, NJ--(Marketwire - October 21, 2010) - Kearny Financial Corp. (NASDAQ: KRNY) ("Kearny"), the holding company for Kearny Federal Savings Bank, and Central Jersey Bancorp (NASDAQ: CJBK) ("Central Jersey"), the holding company for Central Jersey Bank, N. A., jointly announced that Kearny had received the required regulatory approval from the Office of Thrift Supervision to complete its acquisition of Central Jersey pursuant to the terms of the Agreement and Plan of Merger entered into by the parties on May 25, 2010. The Agreement and Plan of Merger was approved by the shareholders of Central Jersey on September 14, 2010. Kearny and Central Jersey anticipate that the merger will close in the fourth quarter of 2010.

View More : http://www.marketwire.com/mw/release.do?id=1338905&sourceType=3
Releted News by marketwire
Sprott Resource Lending Corp. Provides Guidance on Loan Losses and To Host Third Quarter 2010 Conference Call on November 5, 2010
Integrated Asset Management Corp. and Integrated Private Debt Corp. Announce First Close of Third Fund for $275 Million
Kearny Financial Corp. and Central Jersey Bancorp Announce Receipt of OTS Approval of Merger