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Ryan of First Bank installed as chair of New Jersey Bankers Association | ROI-NJ

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Ryan of First Bank installed as chair of New Jersey Bankers Association | ROI-NJ


The New Jersey Bankers Association recently installed a new slate of officers for its 2024-2025 fiscal year, including Patrick Ryan of First Bank as chair, Craig Montanaro of Kearny Bank as first vice chair and Elizabeth Magennis of ConnectOne Bank as second vice chair.

Ryan said he is eager for the opportunity.

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“I’m very excited for the coming year as chair of the New Jersey Bankers Association,” he said. “This is an exciting and challenging time in our industry.

“NJBankers is in a great position to help member banks navigate these turbulent waters. And, more importantly, the association can help drive meaningful change as we move forward. We have an amazing team of leaders at the association. I’m proud to have this opportunity to do my small part to help the industry grow and prosper in the next year and beyond.”

Ryan is the founder, director, CEO and president of First Bank, and is responsible for the strategic direction and overall performance of the company. Since the bank’s inception in 2008, it has grown to 26 locations in New Jersey, Pennsylvania and Florida, with $3.59 billion in assets and 288 employees.

First Bank has been named one of S&P Global Market Intelligence’s Top 100 Best-Performing Community Banks in the nation for record growth and profitability.

Montanaro is the CEO of Kearny Bank. He was appointed to serve on the board of directors of Kearny Financial Corp. and the board of directors of Kearny Bank in 2010. He joined Kearny Bank in 2003 when Kearny acquired West Essex Bank, where he served as chief operating officer. He was appointed CEO of Kearny Financial and Kearny Bank in April 2011.

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Magennis is the president of ConnectOne Bank, the bank subsidiary of ConnectOne Bancorp Inc. ConnectOne is a leading commercial bank, with over $9 billion in assets, serving the New Jersey, New York and South Florida markets.

Magennis holds over 30 years of experience in the banking industry. As president of ConnectOne, she is responsible for the growth, function and strategic direction of the bank. She joined ConnectOne Bank in 2006 and has played an integral role in growing the company to a top-performing bank with industry-leading metrics.

Steven Klein, chair and CEO of Northfield Bank, will serve as immediate former chair.

In addition, new members serving on the NJBankers board of directors for the 2024-2025 year include:

  • John Borelli, Jr.: CEO, Newfield National Bank;
  • Matthew Carcich: CEO, Freedom Bank;
  • John DeSclafani: senior vice president/commercial banking leader, Wells Fargo Bank;
  • Edward Dietzler: CEO, Bank of Princeton;
  • Catherine Franzoni: Chief operating officer, Manasquan Bank;
  • Donald Mindiak: CEO, First Commerce Bank;
  • Michael Shriner: CEO, BCB Bank.





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New Jersey

Gateway Project moves forward as NJ Transit nears completion of Portal Bridge track work

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Gateway Project moves forward as NJ Transit nears completion of Portal Bridge track work


NEW YORK (WABC) — The Gateway Commission says workers have returned to construction sites on Thursday, but work may have to stop in the next two to three months if they don’t get the next round of federal funding.

President Trump said last year that he wanted to terminate the Gateway Tunnel project.

You may remember construction stopped last month because there was a freeze on funding, and the Gateway Commission, New Jersey and New York all filed separate federal lawsuits.

Flash forward to now: Construction is continuing for the time being after an appeals court rejected the Trump administration’s attempt to halt payments.

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But officials say if they do not continue to get rounds of funding, construction will stop again.

This is a $16 billion project that will construct a new two-track rail tunnel under the Hudson River connecting New York and New Jersey, and fix the existing North River Tunnel, which has been in service since 1910.

Local and state leaders have been going back and forth with the president trying to keep this project on track.

New Jersey Governor Mikie Sherrill said, “What we’ve seen over and over and over again is when Trump gets involved, costs go up for working people. He seems to be the only person making money in this economy, and gas prices are just the newest indicator of that.”

Looking ahead to another tunnel project: NJ Transit passengers have been dealing with a month of delays and changes due to the Portal Bridge project.

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Amtrak is transferring rail service from the old Portal Bridge to the new one over the Hackensack River.

For the past month, crews have been working on one of the tracks, and the good news is it’s expected to be completed by the end of this weekend.

So, NJ Transit schedules should be back to normal on Monday, and commuters will be able to ride over the new bridge on the new track.

It’s important to note that this is just phase one that will be completed, so later this year in the fall, phase two of construction for the other track will begin for the Portal Bridge project, and there will be another month of delays and schedule changes at that time.

Thursday, officials will take a ceremonial ride across the newly completed section of the Portal Bridge.

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New Jersey

Scrap metal barge fire is under control, vessel moving to Camden

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Scrap metal barge fire is under control, vessel moving to Camden


Scrap metal burned for more than 24 hours

Firefighting efforts lasted more than 24 hours until Wednesday morning when thermal imagery showed the fire extinguished, according to the Coast Guard’s Petty Officer First Class Matthew West.

The Delaware Emergency Management Agency assisted the Coast Guard in its response.

“Multiple fire companies worked diligently to extinguish the fire, while state agencies and the U.S. Coast Guard coordinated resources to support response operations and minimize impacts to federal waterways, coastal communities, and the surrounding environment,” according to a statement by the Delaware Emergency Management Agency.

It remains unclear what exactly was burning or what was released into the atmosphere from the scrap metal, but it was likely “a very toxic mix,” according to Jane Clougherty, professor of environmental and occupational health at Drexel University.

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“Remember that because this is scrap metal, it’s from an earlier era, potentially, when a lot of lead was used, both in metals and in the paints on those metals,” Clougherty said.



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New Jersey

Heavy police presence prompts concern in South Jersey neighborhood

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Heavy police presence prompts concern in South Jersey neighborhood


MILLVILLE, N.J. (WPVI) — Residents in a Millville, New Jersey, neighborhood spent hours trying to understand what was happening after a New Jersey State Police helicopter circled overhead, and troopers eventually entered a home while searching for a suspect.

Video from a Ring camera shows state police and officers in tactical gear taking over the front porch of a home on the 100 block of Third Street.

Officers are heard speaking into a doorbell camera moments before entering the residence.

A woman who lives in the home and did not want to be identified said she was at work at the time of the incident, but her son was inside when police surrounded the house. She said her son later described the encounter to her.

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“My son was here, he was a little freaking out, they actually made him come out with his hands up and guns were drawn,” she said.

The woman said her son told her troopers explained they were pursuing someone on foot in the area.

“They just said they were on a foot pursuit and the guy was jumping the fences behind my house. A construction worker saw him go down my steps, but didn’t know where he went from there. That’s why they need to make sure everything is safe,” she said.

Nearby residents also noticed the heavy police activity.

Michele Brown of Bridgeton said she was walking her dogs when she saw officers in the area.

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“It was a lot I didn’t understand what was going on,” Brown said.

Brown said the scene was alarming for people nearby.

“Definitely startling cause you see all these cops with their guns out, and you’re just looking like, ‘Whoa’,” she said.

Action News reached out to New Jersey State Police for more information, but we did not receive a response.

In a statement, Millville police say the suspect was not apprehended after fleeing state police on foot.

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There is no suspected threat to the community, the department added.

Copyright © 2026 WPVI-TV. All Rights Reserved.



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