Center Bancorp, Inc. - CNBC- Profile

Center Bancorp, Inc.. The Group's principal activity is to provide banking and financial services to commercial, industrial and governmental customers. It accepts demand deposits, savings accounts and time deposits and offers short and medium term loans, letters of credit, working capital loans and real estate construction loans. The consumer banking services include the acceptance of interest bearing and non-interest bearing checking, savings and money market accounts, certificates of deposit and making secured and unsecured loans, mortgages and home equity lines of credit. The Group also deals in US treasury and governmental securities, commercial paper and repurchase agreements. It provides automated teller machines, safe deposit boxes and traveller's checks. The Group operates through eleven locations in Union Township, Union County, Summit, New Jersey, Springfield Township, Berkeley Heights, Madison and Morristown. Provides a full range of banking services to individual and corporate customers