Stay updated with breaking news from River Bancorp. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A Community Reinvestment Act review of OceanFirst Bank rated it in need of improvement due to “evidence of discriminatory or other illegal credit practices.”
The sale of Partners Bancorp in Maryland to OceanFirst Financial in New Jersey was expected to be approved by midyear. But regulators' reviews of the applications are taking longer than expected, meaning the companies can no longer “give any assurance as to the timing” of the deal's completion, Partners says.
