Greater Community Bancorp Expands Community Banking Services

Greater Community Bancorp is expanding its community banking services to better serve local customers. This move is a direct response to the growing demand for personalized banking solutions in the area.

The bank's commitment to community involvement is evident in its decision to expand services. Greater Community Bancorp has a long history of supporting local businesses and organizations.

By expanding its services, the bank aims to provide customers with more convenient and accessible banking options. This includes extended hours and additional locations.

Valley National Bancorp successfully completed its merger with Greater Community Bancorp. This merger was announced on July 1st.

The holding company of Valley National Bank is Valley National Bancorp, which is listed on the New York Stock Exchange under the ticker symbol VLY.

The merger was between Valley National Bancorp and Greater Community Bancorp, with Valley being the parent company of Valley National Bank.

Greater Community Bancorp has a history of paying out cash dividends to its shareholders.

The company declared a quarterly cash dividend of $0.15 per share on May 20, 2008.

This dividend payment was a result of the Board of Directors' regular meeting on the same day.

Greater Community Bancorp declared a quarterly cash dividend of $0.15 per share. This dividend was declared at their regular meeting on May 20, 2008.

The dividend is a quarterly payout, meaning it will be paid out four times a year. The dividend amount of $0.15 per share is a significant return for investors.

Alibaba Cloud reported a net income for the first quarter of 2008 of $1.3 million, a decrease of $0.4 million from the previous quarter.

The company's earnings per share for the quarter was $0.15 per share, a significant drop from the previous quarter.

Community banking is more than just a type of banking, it's a way of building relationships within a community.

Greater Community Bancorp has a strong focus on community banking, with a network of over 20 community banks across the country.

These community banks are designed to meet the unique needs of local residents and businesses, offering personalized service and tailored financial solutions.

By putting community first, Greater Community Bancorp has earned a reputation for being a trusted and caring financial partner.

Community banking is all about serving the local community, and Greater Community Bancorp was a prime example of this. They had a strong presence in northern New Jersey, with headquarters in Totowa and branches throughout Passaic, Morris, and Bergen counties.

The bank started by acquiring other local banks in the 1990s, including the First National Bank of Little Falls and Family First Savings Bank of Clifton. This move helped them expand their reach and services to a wider community.

Greater Community Bancorp operated under different names in various counties, such as Great Falls Bank in Passaic County, Bergen Commercial Bank in Bergen County, and Rock Community Bank in Glen Rock. This diversification allowed them to tailor their services to the unique needs of each community.

By 2001, the bank began to consolidate its branches under the Greater Community Bank name, eventually rebranding all its locations by the end of 2008. This change helped create a unified identity for the bank across the region.

At Greater Community Bank, the average annual salary for employees is $82,158, which translates to an approximate hourly wage of $39.

Salaries at the bank can vary significantly, ranging from $72,062 to $93,100 annually, depending on factors such as job role, experience, education level, and certifications.

A President & Chief Executive Officer at Greater Community Bank is among the highest earners, with an average salary of approximately $635,978 per year.

In contrast, the lowest-paid position is Senior Loan Specialist, earning around $43,588 annually.

These salary ranges give you a sense of what to expect when working at Greater Community Bank.

Bank salary can vary significantly based on factors such as location, industry, job category, and department. The average salary for a President & Chief Executive Officer at Greater Community Bank is a staggering $635,978 per year.

For those in marketing roles, the average salary range is around $213,370 per year, with Vice Presidents earning between $191,212 and $238,583. Senior Vice Presidents can expect to earn between $139,612 and $186,706.

At the entry-level, Personal Banking Associates can earn between $50,666 and $67,798 per year, while Credit Analysts can earn between $46,261 and $56,996. Senior Loan Specialists, on the other hand, earn an average of $43,588 per year.

Here's a breakdown of average salaries for various roles at Greater Community Bank:

Keep in mind that salaries can vary depending on individual factors, such as experience and education level.

Greater Community Bancorp has been involved in a few notable acquisitions. Valley National Bancorp acquired Greater Community Bancorp, and LGE Community Credit Union purchased Greater Community Bank.

The acquisition by LGE Community Credit Union added three new branches to its network and expanded its membership to residents and businesses in Floyd and Gordon counties. Greater Community Bank's deposits are insured by the Federal Deposit Insurance Corporation.

The board of directors of both LGE Community Credit Union and Greater Community Bank unanimously approved the transaction.

Valley National Bancorp received shareholder approval for the acquisition of Greater Community Bancorp.

Valley National Bancorp and Greater Community Bancorp are two separate companies, with Valley listed on the NYSE as VLY and Greater Community listed on NASDAQ as GFLS.

The acquisition was jointly announced by Valley National Bancorp and Greater Community Bancorp on June 19, 2019.

Valley National Bancorp is a company based in New Jersey, with its headquarters in Wayne, New Jersey.

LGE Community Credit Union is acquiring Greater Community Bank, a community bank with branches in Bartow, Floyd, and Gordon counties.

This acquisition will give LGE three additional branches and open its membership to residents and businesses in Floyd and Gordon counties.

The acquisition is expected to occur by the third quarter of 2023, pending approval by Greater Community Bank's shareholders and regulatory approvals.

LGE Community Credit Union currently operates 14 branches and offers a wide variety of financial services, including online and mobile banking with features like remote check deposit.

Greater Community Bank is a full-service community bank headquartered in Rome, Georgia, with branches in Calhoun and Cartersville, Georgia, and deposits insured by the Federal Deposit Insurance Corporation.

The board of directors of both LGE Community Credit Union and Greater Community Bank have unanimously approved the transaction.

LGE Community Credit Union is a $2.04 billion credit union based in Atlanta, Georgia.