Sun National Bank was an American

bank A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital m ...

that is owned by holding company Sun Bancorp, Inc. (Nasdaq: SNBC) headquartered in Mount Laurel, New Jersey. The Bank served consumers and businesses through more than 30 branch locations in

New Jersey New Jersey is a U.S. state, state located in both the Mid-Atlantic States, Mid-Atlantic and Northeastern United States, Northeastern regions of the United States. Located at the geographic hub of the urban area, heavily urbanized Northeas ...

, as well as commercial lending offices in New Jersey, Pennsylvania and New York. Sun National Bank was an Equal Housing Lender and it's deposits were insured up to the legal maximum by the

Federal Deposit Insurance Corporation The Federal Deposit Insurance Corporation (FDIC) is a State-owned enterprises of the United States, United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. The FDIC was cr ...

(FDIC). In 2015, the Bank announced a major rebrand initiative for Sun National Bank, as well as its financial planning subsidiary, Prosperis Financial Solutions. On January 31, 2018 OceanFirst Financial Corp acquired Sun Bancorp, Inc.OceanFirst Financial Corp Completes Acquisition of Sun Bancorp Inc.
/ref> The bank branches were rebranded and merged with

OceanFirst Bank OceanFirst Bank N.A. is an American regional bank subsidiary of the U.S. financial services holding company OceanFirst Financial Corp. founded and headquartered in Ocean County, New Jersey, with operations throughout New Jersey, and in the major ...

References

{{reflist Holding companies of the United States