Union Center National Bank (UCNB) has filed an application with the Office of the Comptroller of the Currency for approval to open a branch at 344 Nassau Street.
“Having a physical presence in Princeton will enable us to better serve the financial needs of our existing clients in the area and meet Center’s strategic plan to expand the reach of our branch network,” explains Anthony C. Weagley, president and CEO of Center Bancorp, UCNB’s parent company. Weagley says he expects the office to be open by the middle of this year.
Chartered in 1923, UCNB is one of the oldest national banks headquartered in New Jersey and now ranks as the third largest national banks headquartered in the state.
According to a news release, UCNB’s primary market niche is its commercial banking business. The bank focuses its lending activities on commercial lending to small and medium-sized businesses, real estate developers, and high net worth individuals.
Other companies now located at 344 Nassau Stret include ECO Animal Health, Edvice LLC, Joseph L. Mazotas Inc., Omnivest Group, and VATAmerica LP.