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BCB Bancorp, Inc. Completes $40.0 Million Private Placement of Subordinated Notes

Aug 29, 2024almost 2 years ago

Contract Type

partnership

BayonneFinancial ServicesFinanceLendingBanking

Description

BCB Bancorp, Inc. has successfully completed a private placement of $40.0 million in fixed-to-floating rate subordinated notes due 2034. The net proceeds from the offering will be used for the refinancing of existing subordinated notes and for general corporate purposes.

Company Information

Company

BCB Bancorp

Location

Bayonne, New Jersey, United States

About

BCB is a thriving community bank that prides ourselves on hard work, friendly and knowledgeable customer service, and convenient, local banking. Since November of 2000, BCB has been offering a wide range of loans, deposit products, and retail and commercial banking services. As of today, there are fifteen lobby-service branches expanding across the NJ & NY areas and one administrative office located in Bayonne, NJ. BCB continues to find ways of improving our services for an enjoyable and hassle-free banking experience seven days a week.

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