1st Colonial Bancorp, Inc. (the "Company") is a Pennsylvania corporation headquartered in Cherry Hill, New Jersey, and the parent company of 1st Colonial Community Bank (the "Bank"). The Bank opened for business on June 30, 2000 and provides a wide range of business and consumer financial services p...
1st Colonial Bancorp, Inc. (the "Company") is a Pennsylvania corporation headquartered in Cherry Hill, New Jersey, and the parent company of 1st Colonial Community Bank (the "Bank"). The Bank opened for business on June 30, 2000 and provides a wide range of business and consumer financial services placing emphasis on customer service and access to decision makers. The Company is headquartered in Mount Laurel, New Jersey. The Bank has two New Jersey branch offices located in Collingswood and Westville and a third branch in Limerick, Pennsylvania. The Company was organized as the holding company for the Bank, in connection with the reorganization approved by the Bank's shareholders at the annual meeting on June 12, 2002. As a bank holding company registered under the Bank Holding Company Act of 1956, the Company is subject to the supervision and regulation of the Board of Governors of the Federal Reserve System (the "FRB"). The Bank's deposits are insured by the Federal Deposit Insurance Corporation ("FDIC"). The Company's operations and those of the Bank are subject to supervision and regulation by FRB, the FDIC, and the New Jersey Department of Banking and Insurance. The principal activity of the Bank is to provide its local communities with general commercial and retail banking services. The Bank is managed as one business segment.
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