Amboy National Bank is building a new branch here in South Brunswick at a time when the American financial system is in turmoil.
Amboy’s success — like that of Magyar, First Constitution other local banks — stands in stark contrast to the bigger banks, but also demonstrates that lending institutions that avoid overreach also avoid over taxing their resources will not only survive or thrive.
Author: hankkalet
Hank Kalet is a poet and freelance journalist. He is the economic needs reporter for NJ Spotlight, teaches journalism at Rutgers University and writing at Middlesex County College and Brookdale Community College. He writes a semi-monthly column for the Progressive Populist. He is a lifelong fan of the New York Mets and New York Knicks, drinks too much coffee and attends as many Bruce Springsteen concerts as his meager finances will allow. He lives in South Brunswick with his wife Annie.
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Hank Kalet 