BNET Industries
Market Cap:$112.3M
Last Fiscal Year Sales:$53.6M
- Public
- US
Dow Jones Description
Center Bancorp, Inc., through its wholly owned subsidiary, Union Center National Bank, Union, New Jersey operates twelve-banking locations. Banking centers are located in Union Township (6 offices), and one each in Berkeley Heights, Madison, Millburn/Vauxhall, Morristown (3 offices), Springfield, and Summit, New Jersey. The Bank also operates a remote ATM locations in Union Hospital in Union, and at the Union NJ Transit Train Station. Union Center National Bank is the largest commercial Bank headquartered in Union County, chartered in 1923, and is a full service banking company. Center Bancorp, Inc. was founded in 1982. Its only subsidiary, Union Center National Bank, has been operating since 1923 under the same name, type of ownership and type of organization.
President & CEOAnthony C. Weagley
Number of Employees 160
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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Center Bancorp, Inc. Declares Quarterly Dividend of $.03 Per Share
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Center Bancorp Q1 net income declines
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Center Bancorp, Inc. Reports First Quarter 2009 Earnings
News & Analysis
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center bancorp inc. - All News and Analysis
Center Bancorp, Inc. Declares 5% Stock Dividend
Center Bancorp, Inc. (NASDAQ: CNBC), parent company to Union Center National Bank of Union, New Jersey, announced that the Board of Directors has declared a 5% stock dividend on its common stock. The stock dividend is payable June 1, 2007, to shareholders of record on May 1, 2007. John...
Center Bancorp, Inc. Announces Its Inclusion in the New Nasdaq Global Select Market
Center Bancorp Inc. (NASDAQ: CNBC), parent company to Union Center National Bank, today announced that it is included in the new NASDAQ Global Select Market. The NASDAQ Global Select Market has the highest initial listing standards of any exchange in the world based on financial and liquidity requirements. Prior...
Center Bancorp, Inc. to Acquire Red Oak Bank
Center Bancorp, Inc. (NASDAQ: CNBC), the holding company for Union Center National Bank, and Red Oak Bank (OTC BB: ROBK) announced today the signing of a definitive merger agreement for Center Bancorp to acquire Red Oak Bank, a state-chartered bank headquartered in Morristown, New Jersey. The total value of the...
CENTER BANCORP INC.(CNBC) - Quantitative Valuation Report.
M2 PRESSWIRE-23 February 2003-Research and Markets: CENTER BANCORP INC.CNBC - Quantitative Valuation ReportC1994-2003 M2 COMMUNICATIONS LTD RDATE:02232003 Company Name - CENTER BANCORP INC. Now you, as an individual investor or investment professional, can have access to the same...
Center Bancorp Inc. Declares Quarterly Dividend
UNION, N.J.--BUSINESS WIRE--Dec. 3, 1999-- The Board of Directors of Center Bancorp Inc.(NASDAQ:CNBC) holding company for Union Center National Bank, has declared a regular quarterly dividend of .15 cents per share, for the quarter ended December 31, 1999 payable February 1, 2000 to holders of record January 18, 2000....
Additional Resources
Center Bancorp, Inc. Announces Wealth Management Services Through American Economic Planning Group, Inc.
Center Bancorp, Inc. (NASDAQ: CNBC), through itsNational Bank Subsidiary, Union Center National Bank, ("UCNB") todayannounced the expansion of its financial services to offer wealthmanagement through American Economic Planning Group, Inc. AEPG ofWatchung, New Jersey. AEPG is a nationally recognized investment advisoryfirm and provides comprehensive wealth management services. The expansion of...
Center Bancorp, Inc. Reports First Quarter 2008 Earnings
Center Bancorp, Inc. (NASDAQ: CNBC), parentcompany of Union Center National Bank, today reported operating results forthe first quarter ended March 31, 2008. Earnings amounted to $1.2 millionor $0.09 per diluted share for the quarter ended March 31, 2008 as comparedwith earnings of $1.3 million or $0.09 per diluted share for...
Center Bancorp, Inc. Announces Appointment of A. Richard Abrahamian as CFO
Center Bancorp, Inc. (NASDAQ: CNBC) (the"Corporation"), parent company to Union Center National Bank of Union, NewJersey, announced today that the Corporation's Board of Directors approvedthe appointment of A. Richard Abrahamian as Vice President and Treasurer ofthe Corporation and Senior Vice President and Chief Financial Officer ofUnion Center National Bank (the...
Center Bancorp, Inc. Announces Outsourcing Partnerships With Compushare, Inc. and PHH Mortgage to Reduce Operating Overhead in 2008
Center Bancorp, Inc. (NASDAQ: CNBC), parentcompany of Union Center National Bank, today announced the Corporation hadsigned two strategic outsourcing agreements to aid in the realization ofits goal to reduce operating overhead and shrink the infrastructure of theCorporation. The cost reduction plans are expected to significantly improveoperating efficiencies, business and technical...
Center Bancorp, Inc. Names Elliot I. Kramer and Howard Kent to the Board of Directors
Center Bancorp, Inc. (NASDAQ: CNBC), parentcompany to Union Center National Bank of Union, New Jersey, announced thatat its Board meeting on February 28, 2008, the Corporation named Elliot I.Kramer and Howard Kent to the board of directors effective February 28,2008. Mr. Kramer is an Attorney and Partner with the law...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Anthony C. Weagley | President & CEO |
| A. Richard Abrahamian | Treasurer & Vice President |
| Charles E. Nunn | Vice President |
| Christopher M. Gorey | Vice President |
| John F. McGowan | Vice President |
| Julie D'Aloia | Secretary & Vice President |
| Lori A. Wunder | Vice President |
| Mark S. Cardone | Vice President |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Alexander A. Bol | Chair of Board |
| Brenda Curtis | Board of Directors |
| Elliot I. Kramer | Board of Directors |
| Eugene V. Malinowsky | Board of Directors |
| Harold Schechter | Board of Directors |
| Howard Kent | Board of Directors |
| Hugo Barth | Board of Directors |
| James J. Kennedy | Board of Directors |
| JAN S WILLIAMS | Board of Directors |
| John J. DeLaney | Board of Directors |
| Lawrence B. Seidman | Board of Directors |
| Nicholas Minoia | Board of Directors |
| Raymond Vanaria | Board of Directors |
| William Thompson | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Center Bancorp, Inc. | President & CEO | Current |
| Union Center National Bank | President | Current |
| Center Bancorp, Inc. | Board of Directors | Current |
| Union Center National Bank | Senior Vice President & Cashier | Former |
| Center Bancorp, Inc. | Vice President & Treasurer | Former |
| Organization | Position | Status |
|---|---|---|
| Center Bancorp, Inc. | Treasurer & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Center Bancorp, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Union Center National Bank | Senior Vice President & Senior Loan Officer | Current |
| Center Bancorp, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Union Center National Bank | Senior Vice President, Marketing & Business Dev | Current |
| Center Bancorp, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Union Center National Bank | Secretary & Senior Vice President | Current |
| Center Bancorp, Inc. | Secretary & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Union Center National Bank | Senior Vice President, Operations | Current |
| Center Bancorp, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Union Center National Bank | Senior Vice President, Branch Admin | Current |
| Center Bancorp, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Center Bancorp, Inc. | Chair of Board | Current |
| Center Bancorp, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Center Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Center Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Center Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Center Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Real Estate Equities Group, LLC | Co-Founder | Current |
| Real Estate & Management Group, Inc | Principal | Current |
| Real Estate Equities Group, LLC | Principal | Current |
| Center Bancorp, Inc. | Board of Directors | Current |
| InteliCoat Technologies | Board of Directors | Current |
| South Florida Realty Partners | Founder | Former |
| Corporation Service Company | Principal | Former |
| American Investment Services, Inc. | Chairman of the Board of Directors | Former |
| Fairleigh Dickinson University | Business Administration In 1969 | Former |
| Organization | Position | Status |
|---|---|---|
| Center Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Center Bancorp, Inc. | Board of Directors | Current |
| DSC Communications Corporation | president | Former |
| DSC Communications Corporation | senior vice president of marketing | Former |
| United States Marine Corps | officer | Former |
Jan grew up on a farm in Union County, Indiana. He is a graduate of Indiana University and passed the CPA exam a few years later. Jan opened his public accounting practice in Richmond in the early 1970s, merging it with Jim Keckler's in 1995. Currently, Jan is a member of the UCNB board of directors. He is the past treasurer of Liberty Country Club and past chairperson of Stewardship and Finance for First Friends Meeting. Jan also served on the initial board of directors for Habitat for Humanity of Greater Richmond. Jan serves the needs of many small business owners, including farmers.
| Organization | Position | Status |
|---|---|---|
| Williams & Keckler, LLC | Member | Current |
| Center Bancorp, Inc. | Board of Directors | Current |
| Williams & Keckler, LLC | Board of Directors | Current |
| Center Bancorp, Inc. | member | Former |
| Liberty Country Club | Treasurer | Former |
| Indiana University | CPA Exam A Few Years Later. | Former |
| Organization | Position | Status |
|---|---|---|
| Center Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Center Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Center Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Center Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Center Bancorp, Inc. | Board of Directors | Current |
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