Investors Bank, founded in 1926, has expanded to more than 85 full-service branches in New Jersey, New York City and Long Island. As of September 1, 2012, the bank had more than $11 billion in assets and more than 1,000 employees.
Customers of Investors Bank include consumers, businesses, commercial real estate owners, nonprofits and local governments.
Consumers who meet certain standards can enjoy a preferred banking relationship with Investors Bank to earn rewards, free services and a higher interest rate on deposits.
Investors Bank has earned a five-star rating from Bauer Financial and is listed on Bauer Financial's Recommended Report of financial institutions.
The bank provides free online banking and bill pay to its customers, as well as credit and debit cards.
Investors Home Mortgage, a wholly owned subsidiary of Investors Bank, offers a variety of home loans for homebuyers, refinancers and investors. Home equity loans and home equity lines of credit are available, along with home improvement loans. Homeowner consumer loans of $2,000 to $10,000 are available for any purpose, even for homeowners with little or no home equity.
First-time homebuyers can participate in the "First Home Club" which provides homebuyer seminars. Some homebuyers may be eligible for matching funds in a savings account, a waiver for some fees, reduced interest rates and a credit at closing. Investors Home Mortgage also helps first-time homebuyers find down-payment-assistance programs.
First-time homebuyers, repeat buyers and refinancers can choose between fixed-rate and adjustable-rate mortgages, interest-only mortgages and jumbo loans. Investors Home Mortgage also offers reverse mortgages to homeowners age 62 and older.
Bi-weekly mortgage payment programs are also an option.
Investors Home Mortgage Lock & Shop Program allows customers to lock-in a mortgage preapproval for 90 days. Prospective buyers who are not quite ready to buy yet can opt for the Buyer's Best Program, where you can lock in the current mortgage rate for up to 18 months.
Investors Bank customers can choose between a variety of checking and savings accounts, including several high-yield accounts and money market accounts. Certificates of deposit are also available.
All deposits are fully insured to the maximum level of $250,000 per depositor.