The community should not be apprehensive of this change.

Basically, our board's philosophy has always been we are not for sale. But not only are they offering us a very attractive price for our shareholders, our customers will continue to be served by the same employees and officers that have built this bank.

The message is for the congressmen of New Jersey that the community is demanding that they change their positions.

This a change in legal structure. It is in no way a move from community banking. ... We'll still be as focused on our communities and our customers as we've ever been. Hopefully. we'll be able to serve them even better.

It will limit the negative impacts that a development could bring to the community, ... It's a pathway to orderly development, and the village is calling the shots.

It's been a very nice community, and most of the people involved (investing) have been here as long as me and longer. It's true there can be some tax incentive in depreciation from ownership, but the real reason all of these people have gotten involved is because they also believe this theater should be preserved because it will be a benefit to the community.