Community Partners Bancorp Announces Name and Stock Symbol Change
May 08 2013 - 4:46PM
Community Partners Bancorp (Nasdaq:CPBC), (the "Company"), the
parent company of Two River Community Bank ("Two River"), reported
that the Company's shareholders overwhelmingly approved the change
in the holding company name from Community Partners Bancorp to Two
River Bancorp, effective June 28, 2013.
William D. Moss, President and CEO, stated, "Management believes
that aligning the Company's name with Two River Community Bank, the
name of its wholly-owned subsidiary bank, will create greater
awareness of the Company and its business, and provide better brand
recognition for the Company. In conjunction with this name change,
the Company will ring the closing bell of the NASDAQ OMX on July 9,
2013, to recognize the change in the stock symbol from
CPBC to TRCB, effective June 28,
2013."
About the Company
Community Partners Bancorp is the holding company for Two River
Community Bank, which is headquartered in Tinton Falls, New Jersey.
Two River Community Bank currently operates 16 branches throughout
Monmouth and Union Counties and four Loan Production Offices
throughout Monmouth, Middlesex and Union Counties, New Jersey. More
information about Two River Community Bank is available at
www.tworiverbank.com. More information about Community Partners is
available at www.communitypartnersbancorp.com.
Forward Looking Statements
The foregoing contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Such statements are not historical facts and include expressions
about management's confidence and strategies and management's
current views and expectations about new and existing programs and
products, relationships, opportunities, taxation, technology and
market conditions. Actual results may differ materially from such
forward-looking statements, and no undue reliance should be placed
on any forward-looking statement. For factors that may cause
results to differ materially from such forward-looking statements ,
see Community Partners' filings with the Securities and Exchange
Commission, including those risk factors identified in the "Risk
Factor" section and elsewhere in our Annual Report on Form 10-K for
the year ended December 31, 2012. Community Partners assumes no
obligation for updating any such forward-looking statements at any
time, except as required by law.
CONTACT: William D. Moss, President & CEO
Community Partners Bancorp
732-389-8722 wmoss@tworiverbank.com
A. Richard Abrahamian, Executive Vice President & CFO
Community Partners Bancorp
732-216-0167 rabrahamian@tworiverbank.com
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