BCB Bancorp, Inc. announced that it has received $15.27 million in funding
December 13, 2023
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BCB Bancorp, Inc. announced a private placement to issue 1,527 shares of its Series J Non-cumulative Non Convertible Perpetual Preferred Stock for the gross proceeds of $15,270,000 on December 14, 2023. The company has received $15,270,000 from 77 investors pursuant to exemption provided under Regulation D. Minimum investment accepted from any outside investor is $30,000
BCB Bancorp, Inc. is a holding company of BCB Community Bank (the Bank). The Bank offers loans, including commercial and multi-family real estate loans, one-to-four family mortgage loans, commercial business loans, construction loans, home equity loans, and consumer loans. It also offers deposit products, including savings and club accounts, interest and non-interest-bearing demand accounts, money market accounts, certificates of deposit, and individual retirement accounts; and retail and commercial banking services, including wire transfers, money orders, safe deposit boxes, night depository, debit cards, online banking, mobile banking, fraud detection, and automated teller services. The Bank has 24 branches in Bayonne, Edison, Hoboken, Fairfield, Holmdel, Jersey City, Lyndhurst, Maplewood, Monroe Township, Newark, Parsippany, Plainsboro, River Edge, Rutherford, South Orange, Union and Woodbridge, New Jersey, as well as four branches in Staten Island and Hicksville, New York.
BCB BANCORP, INC. 
