NJ banks to merge in $597M deal

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Summary

- Columbia Bank and Northfield Bank will merge, creating a bank with $18 billion in assets. - This merger brings Columbia’s operations into New York state for the first time.

Why It Matters for Texas Credit Unions

The article does not mention Texas or any specific regulations or compliance issues relevant to Texas credit unions.

Original Source Material

Columbia Bank and Northfield Bank will combine to create a bank with $18 billion in assets, bringing Columbia’s footprint into New York state for the first time.