Lakeland Bancorp (LBAI) to Acquire 1st Constitution Bancorp (FCCY)

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Lakeland Bancorp, Inc. to Acquire 1st Constitution Bancorp

July 12, 2021 8:00 AM EDT

OAK RIDGE, N.J. and CRANBURY, N.J., July 12, 2021 (GLOBE NEWSWIRE) -- The Boards of Directors of Lakeland Bancorp, Inc. (Lakeland) (NASDAQ: LBAI), the parent company of Lakeland Bank, and 1st Constitution Bancorp (1st Constitution) (NASDAQ: FCCY), the parent company of 1st Constitution Bank, announced today that they have entered into a definitive Agreement and Plan of Merger (the Merger Agreement), under which Lakeland will acquire 1st Constitution.

The combined organization will have approximately $9.6 billion in assets and will rank as the 5th largest bank headquartered in New Jersey. The merger brings... More