UPDATE: Seaport Global Securities Starts Berkshire Hills Bancorp (BHLB) at Buy
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Investors Bancorp, Inc. Announces Completion of Acquisition of 8 Berkshire Bank Branches in New Jersey and Eastern Pennsylvania
August 30, 2021 4:03 PM EDTSHORT HILLS, N.J., Aug. 30, 2021 /PRNewswire/ -- Investors Bancorp, Inc. (NASDAQ: ISBC) (the "Company"), the parent company of Investors Bank, announced today that Investors Bank has completed the acquisition of the eight New Jersey and eastern Pennsylvania branches of Berkshire Bank, the wholly-owned subsidiary of Berkshire Hills Bancorp, Inc. (NYSE: BHLB). The transaction was completed at the close of business on August 27, 2021 and includes the assumption and acquisition of approximately $630 million of deposits and approximately $220 million of consumer and commercial loans, together with the related operations.... More
