Steve Adubato: Banking on the Garden State

Amid the current financial crisis, we wanted to know the condition of our New Jersey-based banks. To find out, we turned to Montville resident Gerald Lipkin, chief executive of Wayne-based Valley National Bank, New Jersey’s largest commercial bank (with $14 billion in assets) and the state’s first to voluntarily accept an infusion of cash under the federal government’s $700 billion financial rescue program. more