1ST Constitution Gets Regulatory Approval For Rumson-Fair Proposed Merger

(RTTNews) - 1ST Constitution Bancorp (FCCY), parent company of 1ST Constitution Bank, said it got approval from the State of New Jersey, Department of Banking and Insurance, and the Federal Deposit Insurance Corporation for the proposed merger with Rumson-Fair Haven Bank and Trust Company (RFHB.OB).

The deal is subject to closing conditions including the approval by the Rumson shareholders, anticipated on January 22, 2014. The closing of the transaction is expected to take place during the 2014 first quarter.

1st Constitution Bancorp, through its primary subsidiary, 1st Constitution Bank, operate fourteen branch banking offices in Cranbury, Fort Lee, Hamilton, Hightstown, Hillsborough, Hopewell, Jamesburg, Lawrenceville, Perth Amboy, Plainsboro, Rocky Hill, West Windsor, and Princeton, New Jersey.