Quantcast

Regal Bank To Purchase New Millennium Bank’s Township Branch

Regal Bank will purchase the Elizabeth Avenue branch of New Millennium Bank, the institutions announced Feb. 13.

According to a press release about the deal, it is anticipated that Regal will assume about $32 million in deposits from New Millennium, a figure subject to the actual value of deposits at the time of closing. The remainder of the branch’s deposits, consisting mostly of certificates of deposits, will remain with Millennium.

Don’t Miss Out!

No other media outlet covering Franklin Township brings you the depth of information presented by the Franklin Reporter & Advocate. Period. We are the only truly independent media serving the Eight Villages.

But we can only do that with your support. Please consider a yearly subscription to our online news site; at $37 a year, it’s one of the best investments you can make for yourself.

We also offer monthly and quarterly subscription plans.

To subscribe, please click here.

Existing members, please click here.

Check Also

Franklin Retail Watch: New Supermarket Takes Shape in Bridgewater; Nordstrom Rack Prepares Grand Opening

Graphic: Nordstrom. Construction has begun on a new Sprouts Farmers Market in Bridgewater, with the …