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OceanFirst Financial

#5651

Rank

$1.1B

Marketcap

US United States

Country

OceanFirst Financial
Leadership team

Mr. Christopher D. Maher (Chairman & CEO)

Mr. Joseph J. Lebel III (Pres, COO & Director)

Mr. Steven J. Tsimbinos Esq. (Exec. VP, Gen. Counsel & Corp. Sec.)

Products/ Services
Banking, Financial Services
Number of Employees
500 - 1000
Headquarters
Toms River, New Jersey, United States
Established
1902
Company Registration
SEC CIK number: 0001004702
Net Income
100M - 500M
Revenue
100M - 500M
Traded as
OCFC
Social Media
Overview
Location
Summary
OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing demand deposits, and time deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans. In addition, it invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, the company offers bankcard, wealth management, and trust and asset management services; and sells alternative investment products and life insurance products. As of December 31, 2021, it operated through its branch office in Toms River; administrative office located in Red Bank and Mount Laurel; 46 additional branch offices and four deposit production facilities located throughout central and southern New Jersey; and commercial loan production offices in New Jersey, New York City, the Philadelphia area, Baltimore, and Boston. The company was founded in 1902 and is based in Red Bank, New Jersey.
History

OceanFirst Bank traces its history back to 1902 in Point Pleasant Beach, NJ, Ocean County, where it was founded as Point Pleasant Building & Loan Association. In 1960 the name was changed to Ocean Federal Savings and Loan establishing local operations until 1985 when business expansion took place into Middlesex County, NJ.In 1999 the name was changed from Ocean Federal Savings & Loan Association to OceanFirst Bank.

OceanFirst completed its initial public offering converting from mutual to stock ownership in 1996 which included establishing a holding company. In 2018, OceanFirst became a bank holding company, OceanFirst Financial Corp, and the company completed the conversion of its charter from a federal savings bank to a national commercial bank.

Mission
Our mission is to be the premier community bank in the markets we serve, offering superior service to our customers, rewarding careers for our employees, attractive returns to our shareholders, and valued civic and philanthropic support to the communities we serve.
Vision
We are driven to be a progressive, profitable and trusted community bank in the markets we serve.
Key Team

Ms. Michele B. Estep (EVP and Chief Admin. Officer of OceanFirst Bank, N.A.)

Mr. Patrick S. Barrett (CFO & Exec. VP)

Ms. Jill Apito Hewitt (Sr. VP & Investor Relations Officer)

Ms. Angela K. Ho (Sr. VP & Chief Accounting Officer)

Ms. Grace M. Vallacchi (Exec. VP & Chief Risk Officer)

Mr. Karthik Sridharan (Exec. VP & Chief Information Officer)

Mr. Anthony Giordano III (Exec. VP & Chief of Banking Operations)

Recognition and Awards
OceanFirst has been recognized by organizations such as the American Bankers Association and the New Jersey Bankers Association for its commitment to customer service, innovation and excellence in banking .
References

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OceanFirst Financial
Leadership team

Mr. Christopher D. Maher (Chairman & CEO)

Mr. Joseph J. Lebel III (Pres, COO & Director)

Mr. Steven J. Tsimbinos Esq. (Exec. VP, Gen. Counsel & Corp. Sec.)

Products/ Services
Banking, Financial Services
Number of Employees
500 - 1000
Headquarters
Toms River, New Jersey, United States
Established
1902
Company Registration
SEC CIK number: 0001004702
Net Income
100M - 500M
Revenue
100M - 500M
Traded as
OCFC
Social Media