Investors Bank was a publicly traded, full-service bank that was based in Short Hills, New Jersey, USA. The bank operated over 150 branches across New Jersey and New York.[2]
The bank operated from 1926 until 2022 as an independent entity, then was purchased by Citizens Financial Group. Investors Bank continued to operate as a subsidiary of Citizens while the company worked to merge the operations of the two banks into one; this was completed on February 28, 2023, when all Investors Bank branches were rebranded as Citizens Bank.
History
In 1926, the bank was incorporated as the Washington Rock Building and Loan Association.[3] Sixteen years later, its name changed to Investors Savings and Loan Association. Through mergers, acquisitions, and internal expansion, the bank grew and eventually changed its name to Investors Savings Bank.[4]
In 1997, Investors changed from a New Jersey-chartered mutual savings bank to a New Jersey-chartered stock savings bank, and reorganized as a two-tiered