NJ banks to merge in $597M deal

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Operational Brief

Columbia Bank and Northfield Bank will merge into a bank with $18 billion in assets; Columbia’s expansion brings its operations into New York state for the first time.

Why It Matters for Texas Credit Unions

The article does not mention Texas, TCUD, or any Texas-specific entities. It focuses on banks merging and expanding into New York.

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Original Source Material

Columbia Bank and Northfield Bank will combine to create a bank with $18 billion in assets, bringing Columbia’s footprint into New York state for the first time.