Type Public Industry Banking Net income $192 Million (2016) Headquarters New Jersey Total assets 23.17 billion USD (2016) COO Domenick A. Cama | Traded as NASDAQ: ISBC Founded 1926 CEO Kevin Cummings CFO Sean Burke SVP Sean Burke Parent organization Investors Bancorp | |
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Area served New Jersey, New York (some loans available in other states) Profiles | ||
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Investors Bank is a publicly traded American independent full service bank that is based in Short Hills, New Jersey, USA. The bank operates over 150 branches across New Jersey and New York.
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Family day at investors bank july 18 2015
History
In 1926, the bank was incorporated as the Washington Rock Building and Loan Association. Sixteen years later, its name changed to Investors Savings and Loan. Through mergers, acquisitions, and internal expansion, the bank grew and eventually changed its name to Investors Savings Bank.
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 holding company. The bank became a wholly owned subsidiary of Investors Bancorp, Inc., a Delaware-chartered, mid-tier stock holding company, and Investors Bancorp Inc. became a wholly owned subsidiary of Investors Bancorp MHC.
In 2005, Investors Bancorp Inc. became a partially public company, trading common stock on the NASDAQ. In 2011, the bank rebranded itself and changed its name to Investors Bank. On May 8, 2014 Investors Bancorp became a fully public company.