Bank List

*Depository Application Activity for the week prior to* 5/5/2025**


Bank Name	Type of Application	Description/Address	Date of Activity	Activity
Franklin Bank	Branch Closing	Notice of intent to close on May 25, 2025 a branch office located at 18 Front Street, Salem, Sexy真人 08079. Franklin Bank is a New Jersey state-chartered savings bank with principal office at 1179 Route 40 Pilesgrove, Sexy真人 (Salem County)	4/29/2025	Accepted

Ion Financial, MHC, Inc. and Ion Bank	Merger	Application to acquire by merger NVE Bancorp, MHC., a New Jersey incorporated mutual holding company and NVE Bank, a New Jersey state stock savings bank with main office at 76 Engle Street, Englewood, Sexy真人 07631. Ion Bank is a Connecticut state-chartered bank with principal office at. 251 Church Street Naugatuck, CT (New Haven County)	4/28/2025	Effective
		MHC merger effective 11:57pm ET, April 28, 2025. Bank merger effective 11:59pm ET, April 28, 2025

Sturdy Savings Bank	Conversion	Application of Plan of Reorganization to from a mutual holding company in the name of "Sturdy Bancorp, MHC", a New Jersey incorporation, and to convert Sturdy Savings Bank into a stock savings bank. Sturdy Savings Bank is a New Jersey state-chartered mutual savings bank with principal office at 9417 Third Ave Stoner Harbor, Sexy真人 (Cape May County)	4/24/2025	Received


Click here to view a History of Applications by Bank

Pursuant to N.J.A.C. 3:1-2.4, 3:1-2.6 an individual bank, savings bank or savings and loan association may object to any full branch or relocation application, and may request that an oral presentation be conducted. All such request must be in writing and filed within 10 calendar days of the date of the Department抯 publication of notice of the accepted application on its website at www.njdobi.org. Individuals or financial institutions interested in perfecting an objection or request for oral presentation should immediately consult the Department抯 procedural rules for guidance.

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