Regal Bank Completes Community First Bank Merger

On Apr 4, 2016

Regal Bank, headquartered in Livingston, recently announced that it has completed its proposed merger with Community First Bank effective as of the close of business on March 31, 2016.  As a result of the merger, Regal Bank now has assets of approximately $480 million, and conducts business through nine offices in Essex, Hudson, Morris, Somerset and Union Counties.

David Orbach, Chairman of the Board of Regal, stated: “This is an exciting new stage in the growth of Regal Bank.  We look forward to providing high quality service to our new customers, and expanding our presence in Union and Somerset Counties.”

President and Chief Executive Officer, Tom Lupo stated: “Through this merger, we will be able to provide a broader array of products and services to customers in Union and Somerset, while positioning Regal Bank for continued growth.”

 

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