First Investors Federal Savings Bank Completes Sale of Loan Portfolio

Sale Represented All Loans Owned by First Investors Federal Savings Bank Edison, NJ (PRWEB) December 21, 2011 First Investors Federal Savings Bank, a federally chartered savings institution, announced the completion of a sale of its loan portfolio to a private investment fund along with the assistance of Newport Capital Bancorp, LLC. The sale was completed on November 14, 2011, and while the amount of the transaction was not announced, the sale represented all of the loans owned by First Investors Federal Savings Bank. First Investors Federal Savings Bank, established in 1868 as the City
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