Skip to Main Content
  • Locations
  • Contact

Welcome to Digital Banking

Forgot Password?Sign-up for Digital Banking

More Logins

News & Blog Details

Stay Safe on Online Marketplaces

July 25, 2024

Sites like Facebook Marketplace, eBay, and more are great for finding a quick deal on an item you need or selling an item that you don’t. Unfortunately, it comes with plenty of people looking to scam you out of an item or your money. Knowing what to look out for will make these scams less effective and allow for a more stress-free experience. So, here are some of the most popular scams on online marketplaces as well as some tips for how to identify them and stay protected. 

Read more from July 25, 2024

Check Fraud and Mail Theft

May 15, 2024

At OceanFirst Bank your security is our priority.

According to the Financial Crimes Enforcement Network, Check Fraud is one of the largest sources of illicit proceeds in the United States. Check fraud is back, and in 2023, FinCEN issued an alert regarding a nationwide surge in check fraud schemes that specifically target the US Mail. Investigations have identified that checks are commonly stolen through the mail, with increased reports happening from blue postal mailboxes, as well as personal mailboxes.

Read more from May 15, 2024

OceanFirst slices hundreds of dollars off monthly mortgage. But can buyers find the homes?

May 8, 2024

OceanFirst is the biggest bank headquartered at the Shore, with assets of $13.5 billion. It launched NeighborFirst in 2022, opening the program to low- and moderate-income homebuyers who make up to $108,240 a year.

The details:

  • It offers a 0.5 percentage-point discount on the interest rate.
  • It requires buyers to make a down payment of 3%.
  • And it waives private mortgage insurance that buyers can be required to buy if they put down less than 20%.

Read more from May 8, 2024

How Financial Learning At Any Age Is Helpful

April 16, 2024

Whether you are saving for a dream home or vacation, planning for your retirement, or just want to have a better understanding of your finances, being financially literate is a crucial life skill. It is so important that in 2003, April was established as Financial Literacy Month across the United States. At OceanFirst Bank, our goal is always to raise awareness on what financial literacy is, why it’s important, and how we are helping our neighbors, but we have some special activities planned during April. 

Read more from April 16, 2024

Scams to watch out for this holiday season

December 15, 2023

At OceanFirst Bank, your security is our priority. Did you know that New Jersey, New York, and Pennsylvania were in the top 15 states for internet-based crimes in 2022, according to the FBI? Scammers love the holidays for more than just hot chocolate and cheer – they want to get your holiday money and like the Grinch, steal your presents. 

Read more from December 15, 2023

Engaging in Our Communities Is Good Business

December 14, 2023

Christopher D. Maher

A number of years ago leaders were urged to get out from behind their desks in order to learn and understand what people are thinking. This was referred to as “management by walking around”.  This certainly works well as a tool to advance a company’s culture but is also a critical tool in assessing the needs of the communities we serve.

Read more from December 14, 2023

Jersey Shore Most Influential 2024 — Business: Economy benefits from Christopher Maher's prowess

September 27, 2023

Today's business influencers have a reach that extends throughout the economy at the Jersey Shore. You can see their impact at your job, whether your employer received a bank loan or moved into new offices. You shop at the supermarket or patronize a small business or retailer. There are technology innovators, health care professionals and restaurateurs bringing Jersey flavors to new markets across the U.S. This list is just a start.

Read more from September 27, 2023

NJ Bank OceanFirst bet on Boston. Two years later, it's paying off.

September 21, 2023

Boston Business Journal
September 21st 2023
Meera Raman

Since launching a Boston office two years ago, New Jersey-based OceanFirst Financial Corp's bet on the market has been paying off.

The bank has increased its lending in Boston by 600% over the past two years. And it just brought Boston’s former chief of economic development, John Barros, onto its board, effective Monday, Sept. 18.

Read more from September 21, 2023

Opening the Door to Home Ownership for First-Time Buyer

September 6, 2023

Stephen Adamo

For today’s first-time homebuyers, who face a triple threat of high interest rates, tight inventory and inflated housing prices, home ownership may seem like an impossible dream. But take heart – by working closely with a lender, realistically assessing your financial situation, and taking advantage of available financial literacy and first-time homebuyer programs, your dream of home ownership can still become a reality.

Read more from September 6, 2023

Economic outlook at small banks is turning slightly sunnier

August 15, 2023

Community bankers continue to brace for a recession after 11 Federal Reserve interest rate hikes since early 2022. But coming off a decent second-quarter earnings season and seeing further signs of easing inflation pressure, more lenders — including OceanFirst Financial and First Northwest Bancorp — now anticipate only a slight economic downturn and only modest hits to credit quality.

Read more from August 15, 2023

June 2023 Troy Ewen

May 30, 2023

We’re pleased to highlight our OceanFirst Bank colleagues who are making a difference with the Foundation’s nonprofit community partners – we call them the “WaveMakers” and they are extraordinary leaders and volunteers. Each month, one WaveMaker is selected.

Read more from May 30, 2023

To achieve a diverse workforce, start by listening

April 24, 2023

Joseph J. Lebel III

As business continues to be reshaped by economic challenges, new technologies, shifting customer demands, and many other factors, it is more essential than ever to foster diversity, equity, and inclusion (DEI) in the workplace. Many others have made the case that fostering diversity is the right thing to do; I would also like to emphasize that it is the smart thing to do for businesses that hope to thrive in a changing marketplace.

Read more from April 24, 2023

Foreign exchange in inflationary times

March 31, 2023

The volatility in currency exchange rates is just another difficult fact of life for investors, one that adds both risk and reward to the inter- national component of an investment portfolio. Although it may be important for investors to have a global perspective, it's also important to stay well diversified, not concentrated in a single country or region. 

Read more from March 31, 2023

Types of Cash Transfer App Scams

February 22, 2023

Kellie M. Spawton

Cash Transfer Apps, like Paypal®, Venmo, and Cash App, are known to banks as Peer to Peer, or P2P, apps. These apps are, for the most part, very safe. But just like with any payment method, it’s important to be careful with your personal information, and your money. At OceanFirst, we want to help you and your money stay safe.

Read more from February 22, 2023

Who pays the federal estate state tax?

January 10, 2023

In October, the IRS released data from the federal estate tax returns filed in 2021. Most of those filings were for deaths in 2020, when the amount excluded from federal estate tax was $11.58 million. According to the CDC, some 3.4 million Americans died that year, and the IRS reports that 6,158 of the resulting estates filed an estate tax return. Put another way, only one estate in 557 filed an estate tax return, 1.8% of all estates.

Read more from January 10, 2023

Fine art for the long term?

January 10, 2023

A portion of the art collection of Microsoft co-founder Paul Allen was sold at auction for $1.6 billion in November. When Allen was assembling his collection in the 1990s, prices for fine art were relatively low. He died in 2018, but the estate waited until this year to hold the auction, evidently believing that demand for these works has grown. For example, a Cezanne that Allen purchased in 2001 for $38.5 million sold for $137.8 million.

Read more from January 10, 2023

Top ten trust questions

January 10, 2023

When you have a product or service that you hope to provide to the public, your job of selling is easier when the public is already familiar with your line of work. Everyone knows what an automobile is for, or what a barber does. When new products burst upon the scene - for example, in the consumer electronics arena - potential buyers have to be shown the uses and benefits before they become interested.

Read more from January 10, 2023

Winter has arrived

January 10, 2023

One year ago, the cryptocurrency industry (Bitcoin, Ether, and similar digital currencies) were worth roughly $3 trillion, according to CNBC. One Bitcoin was worth $68,000. But when the Federal Reserve began raising interest rates to fight inflation, the value of cryptocurrencies began to fall. Bitcoin fell 19% in December 2021, and followed up with a 17% drop in January. 

Read more from January 10, 2023

Where is NJ’s economy headed? OceanFirst CEO weighs in

January 9, 2023

OceanFirst Bank CEO Chris Maher speaks with NJBIZ Editor Jeff Kanige on Dec. 9, 2022.

With 2022 now in the rear-view mirror, it’s time to get a read on what’s likely ahead for the next 12 months. To that end, NJBIZ recently spoke with Christopher Maher, the CEO of OceanFirst Bank and the current chair of the New Jersey Bankers Association.

Maher talked about what economic challenges businesses will likely face in 2023 and some of the important markets that will drive the economy.

Read more from January 9, 2023

4 Ways to Protect your Business Account

December 28, 2022

As a small business owner, you’re tasked with many day-to-day responsibilities. With one of them being protecting your business and customers from scams, it is important to know that fraudsters are always trying to come up with sophisticated ways to steal sensitive information. That’s why OceanFirst Bank is sharing these important tips to help keep your business accounts safe.

Read more from December 28, 2022

Business Email Compromise and Wire Fraud

November 18, 2022

Kellie M. Spawton

Business Email Compromise (BEC) exploits the fact that so many of us rely on email to conduct both personal and professional business. In a Business Email Compromise scam, criminals send an email message that appears to come from a known and trusted source, making what appears to be a legitimate request. Read this Security Alert to learn examples of BEC and how to protect yourself.

Read more from November 18, 2022

CommunityFirst Day

October 28, 2022

Thank you to the nonprofit organizations, OceanFirst Foundation and all our WaveMakers for your efforts to make CommunityFirst Day 2022 a great success.  We are grateful for all the nonprofit organizations in our markets for the work you do and the incredible impact you have on our communities.  Check out the highlights below from our special day.

Read more from October 28, 2022

Keeping the "unity" in community

October 13, 2022

Christopher D. Maher

Bridging Divisions through a Shared Commitment to Helping Our Neighbors

We hear so much these days about the factors that divide our nation, such as views on social and political issues, that we may overlook the one thing that unites us: we are all members of some community, somewhere. And the health and well-being of our community depends heavily on the actions we take to help our neighbors overcome hardships and share in economic opportunities.

Read more from October 13, 2022

More Time to Claim a Tax Benefit

October 1, 2022

For Americans who die in 2022, the amount exempt from the federal estate tax is generally $12,060,000. Each partner in a marriage has an exemption, so that a married couple could have a total exemption of $24,120,000 should they both die this year. What’s more, this tax benefit is now portable, that is, any port of the exemption not used at the death of a spouse may be inherited by the survivor, to be used in future years. 

Read more from October 1, 2022

Company-Wide CommunityFirst Day

September 30, 2022

On Thursday, October 6th, OceanFirst Bank will participate in CommunityFirst Day, a company-wide initiative helping nonprofits that focus on providing housing, alleviating food insecurity, supporting the military, protecting the environment, aiding our future generations, building inclusive communities, fostering economic empowerment, improving health and wellness, and assisting arts and culture.

Read more from September 30, 2022

CommunityFirst Day

August 8, 2022

On Thursday, October 6th, OceanFirst Bank will close all branch locations and offices at 12pm for its CommunityFirst Day, a company-wide initiative to help nonprofits that focus on providing housing, alleviating food insecurity, supporting the military, protecting the environment, aiding our future generations, building inclusive communities, and fostering economic empowerment throughout the Bank’s footprint.

Read more from August 8, 2022

Fighting Inflation – By Learning From Customers

July 27, 2022

Joseph J. Lebel III

The evidence of a downturn in the economy is all around us — from the dire predictions of financial experts, to our own experience at the gas pump and grocery store. It’s easy to become discouraged by the daily drumbeat of bad news about rising inflation and higher interest rates. I’m encouraged by our customers and team members who are finding creative solutions to economic challenges. And, I’m proud to say that, at OceanFirst, we’re doing our part to help businesses and consumers stay on solid financial ground.

Read more from July 27, 2022

American Banker

July 5, 2022

Community banks’ second-quarter results are expected to show increased interest income and profits as the impact of aggressive Federal Reserve rate hikes becomes evident. But it's not all good news — as rates climb further, depositors will begin to demand higher interest payments as well, eventually driving up banks’ costs.

Read more from July 5, 2022

July 2022 Tracy Hyer

July 1, 2022

We’re pleased to highlight our OceanFirst Bank colleagues who are making a difference with the Foundation’s nonprofit community partners – we call them the “WaveMakers” and they are extraordinary leaders and volunteers. Each month, one WaveMaker is selected.

Read more from July 1, 2022

The Importance of Dividends

June 1, 2022

When people talk about making money in stocks, they are usually referring to capital appreciation. After all, when we hear that the Dow Jones Industrial Average or the S&P 500-stock index has set a new record, it is the prices of the shares that is being referred to. But over the years, dividends have contributed importantly to the total return of stocks. A study by Standard & Poor’s reported that since 1926, some 34% of the total return of the S&P 500 has come from dividends. In the 1940s and again in the 1970s, dividends were responsible for 50% or more of the total return! 

Read more from June 1, 2022

Who Will Be Your Trustee?

June 1, 2022

More and more affluent families are turning to trust-based solutions for family wealth and inheritance management. However, a trust plan is only as good as its trustee. Have you been asked to serve as trustee, perhaps for a parent’s trust? Do you plan to ask your child to be your trustee? Although such a course of action may be a natural impulse, it may not be the best approach. 

Read more from June 1, 2022

Great Resignation or Great Opportunity?

March 11, 2022

Christopher D. Maher

For employers in virtually every sector of the United States economy, the Big Quit is a big problem. Also known as the Great Resignation, this trend refers to the tidal wave of employees who have left their jobs, or are planning to do so in the near future. More than half (55%) of Americans in the workforce now say they are either somewhat likely or very likely to look for new employment in the next year, according to the August 2021 Job Seeker Survey by Bankrate.

Read more from March 11, 2022

Important reminders to non-itemizers

March 1, 2022

In early November the IRS reminded the 90% of taxpay- ers who do not itemize their deductions that they still have access to an above-the-line deduction for charitable gifts in 2021. The extra deduction was created by the CARES Act in 2020 and extended to the 2021 tax year by the Taxpayer Certainty and Disaster Relief Act of 2020— enacted last December. Single taxpayers are permitted a deduction of up to $300, marrieds filing jointly up to $600—for cash gifts to qualified charities [IR-2021-190]. 

Read more from March 1, 2022

What do the rich own?

March 1, 2022

The IRS has released a report of the 2020 federal estate tax filings. There were 3,441 estate tax returns filed that year, reporting some $122 billion in assets. However, only 1,275 of those estates were taxable, thanks largely to the unlimited marital and charitable deductions! Of the 2,166 nontaxable estates, 1,523 were less than $20 million. Many of these were likely filed to secure the Deceased Spouse’s Unused Exemption Amount, an election that may only be made on a timely file estate tax return. Net estate tax collections came to $9.3 billion. 

Read more from March 1, 2022

Trust Tax Review

March 1, 2022

The release of the “Pandora Papers” has stimulated an interest at the House Ways and Means Committee in the taxation of trusts. The Pandora Papers purport to docu- ment how the wealthy have been able to hide their wealth from government authorities, sometimes using the USA as a tax haven. Interestingly, to date no Americans have been publicly identified in the Papers. There has been no allegation of a loss of revenue to the IRS. 

Read more from March 1, 2022

Year-end Estate Planning

December 10, 2021

Estate planning moves this year have been complicated by tax changes that were included in the Build Back Better Act, reported by the Ways and Means Committee in September. The most significant of these is the rough halving of the amount exempt from federal estate and gift tax, from the current $10 million to $5 million (plus inflation adjustments—this year the exempt amount is $11.7 million). The move was already on the books, but scheduled for 2026; the legislation would advance that drop to the first of next year. 

Read more from December 10, 2021

Large IRAs are targeted

December 10, 2021

According to a report in ProPublica last June, the co-founder of PayPal, Peter Theil, has a Roth IRA worth some $5 billion. No details were provided on how this personal information was obtained, which was surprising given that tax and financial information has privacy protections. Reportedly Theil funded his Roth IRA with PayPal shares worth $1,700, well within the contribution limits at the time. When PayPal was sold to eBay three years later, that investment ballooned in value to $28.5 million. Those funds were used, in turn, to invest in other rising companies, such as Facebook. 

Read more from December 10, 2021

Protecting Yourself from Ransomware

October 1, 2021

Keeping all of your files secure and backing them up may not be something you think of on a daily basis. But with scammers and hackers diligently working to corrupt files and make a quick buck, maintaining your computer’s security is vital in today’s world. One way your information could be at risk is through ransomware.

Read more from October 1, 2021

Use it or lose it?

September 1, 2021

My parents are very financially secure, as my father saved several million dollars during his successful career. They are in “senior living” now. I’ve heard that federal estate taxes might be going up. Should my parents be taking estate planning steps right now? Should I? What might those steps be? 

Read more from September 1, 2021

Michael Jackson's final tax bill

September 1, 2021

Imposing an estate or inheritance tax at death is not very difficult when the assets consist of cash and marketable securities. Those values are readily obtained. But when an estate includes intangible assets, the process can become very complex indeed. One of the best illustrations of this phenomenon may be the estate of Michael Jackson. The Tax Court has rendered its decision, nearly 12 years after Jackson’s death in 2009. 

Read more from September 1, 2021

Estate planning for capital gains

September 1, 2021

Under current law, there is generally no income or capital gains tax on inherited assets, as their tax basis becomes fair market value on the date of the owner's death. (Note that this rule does not apply to inherited tax-favored retirement accounts.) Accordingly, estate planners may recommend holding substantially appreciated assets until death, so as to secure that tax-free basis set-up.

Read more from September 1, 2021

No taking chances

September 1, 2021

With the benefit of hindsight, we can say that the stock market collapse in the spring of 2020 was an overreaction, and in fact it was a great time for bargain hunters. But given all the uncertainties we faced about vaccine development and the economic consequences of the lockdowns, that was exactly the time when putting down a big bet on stocks may have seemed reckless and much too risky. 

Read more from September 1, 2021

25 years after OceanFirst's IPO, a Legacy of Service, Innovation and Growth

August 25, 2021

Christopher D. Maher

This year marks the 25th anniversary of OceanFirst’s initial public offering. For our team, it’s an occasion for celebration, as well as an opportunity to reflect on our past achievements and look ahead to our future. I also believe our experience can be a lesson for other companies—about the need to continually reinvent themselves to serve the changing needs of customers, develop the talents of employees, deliver performance and value for investors, and support their local communities.

Read more from August 25, 2021

Tech Support Scams are on the Rise

August 18, 2021

Kellie M. Spawton

Did you get a phone call from Microsoft or Apple, or another tech company, telling you there’s a virus on your computer? Or a pop-up warning saying your computer is infected and you must call a number right away? Or an email or text message saying something is wrong with your computer? Or a call from a tech company saying you are owed a refund?

Read more from August 18, 2021

OceanFirst Bank Chairman and CEO Chris Maher talks about how OceanFirst clients are adapting to the rapidly evolving environment. Aug. 16, 2021

August 16, 2021

Based in Toms River, OceanFirst Bank plays a prominent role in the Jersey Shore economy. And Christopher Maher, the bank’s chairman and CEO, knows the region and its businesses as well as anybody. So as another summer tourist season begins to wind down, it’s a good time to check in with Maher about how Shore businesses and the market, in general, is faring.

Read more from August 16, 2021

Emergency Fund Basics

August 1, 2021

The COVID­19 pandemic and its economic downturn might have exposed how fragile your finances are. As the economy begins to recover, it’s a good time to consider building an emergency fund to help protect you in the future. Consider this information as you start to put money away.

Read more from August 1, 2021

Benefits of Investing

July 1, 2021

You work hard for your money — now it’s time to make your money work for you. When you invest, you have the chance to build wealth and diversify your streams of income. Here’s a look at what investing can do for you.

Read more from July 1, 2021

July 2021 Janet Bossi

July 1, 2021

We’re pleased to highlight our OceanFirst Bank colleagues who are making a difference with the Foundation’s nonprofit community partners – we call them the “WaveMakers” and they are extraordinary leaders and volunteers. Each month, one WaveMaker is selected.

Read more from July 1, 2021

4 Ways to Save for a Down Payment

June 23, 2021

Saving for your dream home and not sure where to start? As you prepare for the home buying process, it is important to remember that the down payment you put upfront can play a role in your future housing expenses. That’s why OceanFirst Bank is providing tips that can help you.

Read more from June 23, 2021

Where Are The Workers?

June 10, 2021

Joseph J. Lebel III

Businesses Must Adapt To Attract Talent Post-Pandemic

If our economy achieves the long-awaited and much-desired V-shaped recovery from the pandemic, the “V” will certainly stand for “vaccine”. As large segments of the population receive their “jabs”, many COVID-19-related restrictions are being eased across much of the country. On May 13, the Centers for Disease Control and Prevention announced that adults who are fully vaccinated against COVID-19 could generally stop wearing masks indoors. And in OceanFirst’s market area, the governors of New Jersey, New York, and Pennsylvania eased state-mandated capacity limits and related measures in time for Memorial Day.

Read more from June 10, 2021

Estate Planning - Family Meetings

June 10, 2021

Those who have built significant wealth are right- fully concerned about how best to use that wealth for family financial protection. As often has been noted, the wealthy want their heirs to have enough to be able to do anything, but not so much that they don’t have to do something. 

Read more from June 10, 2021

Personal Investing - Ponzi schemer

June 10, 2021

Bernie Madoff died in prison April 14, 2021. He had served about 11 years of his 150-year sentence. 

Madoff was the mastermind behind the largest Ponzi scheme created to date. In a Ponzi scheme investors are promised outsized returns to attract money into a pool. Early investors are paid their returns from the contributions of the latecomers, because there are no underlying investment assets earning anything. Madoff’s genius, and one reason his scam lasted so long, is that the returns he promised were not remarkably high. Rather, they were remarkably steady, and so seemed safe to prospective investors. 

Read more from June 10, 2021

Corporate Fiduciaries

June 10, 2021

Corporate fiduciaries bring experience, expertise, professionalism, and objectivity to the jobs of trusteeship and estate settlement. Continuity of service is another advantage. Although there may be employee turnover, and the banking industry has experienced a series of acquisitions and mergers, a trust division doesn’t take vacations, get sick, or move out of state. Corporate fiduciaries are regulated and bonded. 

Read more from June 10, 2021

Does your website need more content?

June 4, 2021

How online content can boost your brand.

When it comes to marketing your small business, it’s often said content is king. And it’s true — by adding quality blog entries and pages to your website, you can build your brand, boost your website’s relevance, and attract new leads. Here are a few reasons to consider investing in content for your website.

Read more from June 4, 2021

Monitoring Your Credit Report

June 4, 2021

Your credit report holds plenty of valuable information. It can help you understand your spending habits, lend insight into your creditworthiness, and perhaps most importantly, it can enable you to monitor your accounts for fraud. Here’s a look at a few different strategies for watching your credit report — and what you should do if you notice suspicious activity.

Read more from June 4, 2021

Writing Your First Will: What You Should Know

June 4, 2021

Writing a will may seem simple — just say who should get your property when you die — but there are several less obvious elements to it that are just as important. Though you may not be inclined to think about your mortality, taking the time to prepare a well-written will is key to ensuring the transition is as smooth as possible for your loved ones.

Read more from June 4, 2021

Getting Employee Feedback

May 3, 2021

As the owner and proprietor of a growing business, you must have your thumb on the pulse when it comes to your team. Understanding what you’re doing well and not so well as an employer can help you grow as a leader, which benefits your business immensely. Knowing how to elicit honest, constructive feedback from your employees will ensure their happiness and empower you to continue to do better.

Read more from May 3, 2021

Amazon/Apple Scam Alert

April 22, 2021

Kellie M. Spawton

Scammers are always looking for new ways to steal your money and information. At OceanFirst, we want to keep you safe and informed. One of the latest scams that many people are falling victim to is the Amazon/Apple scam.

Read more from April 22, 2021

Answers to 3rd Round Stimulus Questions

March 18, 2021

In recent days, we’ve experienced an influx of questions regarding the third round of Economic Impact Stimulus Payments recently approved by the government for eligible Americans. While our OceanFirst team does not have direct access to this information, we’ve provided some helpful resources below.

Read more from March 18, 2021

You Got a Tax Extension So Now What?

March 1, 2021

Plenty of obstacles can keep you from filing your taxes by April 15. If you’ve received a tax extension, you’ll have an additional six months to prepare your tax return, pushing the new deadline back to October 15. However, your tax extension does more than push back your filing date. Here are a few other factors to consider once you’ve been granted a tax extension.

Read more from March 1, 2021

How high can stocks go?

March 1, 2021

Considerable uncertainty remains about the health of the economy in 2021. The Federal Reserve is not expected to raise interest rates until inflation returns unambiguously, for which there is not yet much indication. At her confirmation hearing for Treasury Secretary, Janet Yellen suggested that tax increases on corporations and the wealthy would likely be deferred until the economy recovers further from the pandemic. 

Read more from March 1, 2021

Trust Services 101

March 1, 2021

People with money to invest are often self-reliant, well enough informed to be able to sort through sales pitches and make up their own minds. They follow the financial press and apply their life experiences as they weigh their investment decisions.

Read more from March 1, 2021

Taxes on benefits

March 1, 2021

Originally Social Security benefits were treated as nontaxable income. That changed in 1983, as part of a larger plan to save the system from insolvency. On the theory that every employee had paid income taxes on his or her Social Security tax payments, but had not paid income taxes on the employer’s 50% share, one-half of Social Security benefits were made includable in income.

Read more from March 1, 2021

How to Prepare for Tax Season

February 1, 2021

It might not be as highly anticipated as the holidays, beach-weather days or spring, but tax season still rolls around each year and often takes taxpayers by frantic surprise.

To sidestep the usual stress tax season brings, implement the following tips in your prep.

Read more from February 1, 2021

“In So Many Words”: Defining a Post-Pandemic Future

January 27, 2021

Christopher D. Maher

So many things happened last year – from the Coronavirus, to economic hardship, to concerns over racial justice and inequality, to deep political divisions – that we have nearly run out of words to describe the events of 2020. “Unprecedented,” “Challenging” and “Turbulent” are just some of the adjectives we used, and over-used, to define a year tainted by uncertainty, suffering and loss.

Read more from January 27, 2021

Answers to Your Second Round Stimulus Questions

December 31, 2020

As COVID-19 continues to impact our communities, we know it's even more important for you to get the financial help you need. Recently, the Internal Revenue Service (IRS) and the Treasury Department began delivering a second round of Economic Impact Payments (or stimulus payments) to eligible Americans. While the process is currently underway, these payments are initiated and distributed solely by the IRS. Our Customer Care Center does not have any information regarding eligibility, timing or distribution of your individual Economic Impact Payment. For the most up-to-date information on eligibility and payment amounts, visit the IRS website

Read more from December 31, 2020

Latest Scams to Look Out For

December 30, 2020

Kellie M. Spawton

At OceanFirst, we’re committed to helping you protect your money and your personal information. That’s why, we keep our customers informed any time we learn of new takes on old scams. Below are four that have been circulating in recent weeks.

Read more from December 30, 2020

New Jersey Banks and Foundations Pledge $265,000 to Local Hospitals for COVID-19 vaccine initiatives

December 18, 2020

With initial supplies of the COVID-19 vaccine beginning to arrive in New Jersey, OceanFirst Bank and OceanFirst Foundation and several locally headquartered banks and foundations have partnered to pledge $265,000 to hospitals to support their vaccination efforts. Several hospitals serving our neighbors in New Jersey will be receiving the donations, including: Hackensack Meridian Health, RWJBarnabas Health, CentraState Medical Center, AtlantiCare Regional Medical Center, Cape Regional Medical Center, Inspira Medical Center Vineland, and Shore Medical Center.

Read more from December 18, 2020

Estate planning angles 

November 1, 2020

If you haven’t reviewed your will and estate plans for several years, this would be a good time to take a look at them. Changing family circumstances (births, deaths, divorces, retirements) are occasions for such evaluations. If major assets mentioned in the will have been sold, such as real estate or business interests, that’s another good reason to make an appointment with the estate planning advisor. 

 

Read more from November 1, 2020

Year-end tax planning, 2020 edition

November 1, 2020

Start early this year on understanding your choices

The conventional rule of thumb for year-end tax planning has been to defer income and accelerate deductions. The 2017 tax reform hit that thinking with a one-two-three punch, doubling the standard deduction while cancelling some itemized deductions and capping the deduction for state and local taxes at $10,000. The result was that the number of taxpayers who itemize deductions fell by almost two-thirds from 2017 to 2018, according to a recent analysis. Nearly 90% of taxpayers now claim the standard deduction. See page 3 for more on this topic.

However, there are still choices that taxpayers may make, especially in the above-the-line area of the Form 1040, before they get to adjusted gross income.

 

Read more from November 1, 2020

“Giving while living”

November 1, 2020

Before there was The Giving Pledge established by Bill Gates and Warren Buffett, there was Chuck Feeney. Both Gates and Buffett claim Feeney as the inspiration for their commitment to give half of their wealth to charity, and their drive to have all wealthy persons make a similar pledge. Feeney is a philanthropist who few have heard of, because he hates publicity. 

Read more from November 1, 2020

Digital Dexterity

October 27, 2020

Joseph J. Lebel III

Businesses Embrace Technology to Thrive in the "COVID Economy"

Our lives have been changed in so many ways as a result of the Covid-19 pandemic, including dramatic challenges in how we conduct business. Companies both large and small have had to adapt to new societal and economic realities. Business leaders are learning how to engage with customers who now avoid physical contact,  coach and guide employees working remotely and use data to make decisions in a marketplace that is being reshaped by new forces.

Read more from October 27, 2020

The 2020 Report of the Social Security Trustees

September 1, 2020

In April, the Social Security Trustees issued their annual report. Their figures and conclusions are based upon last year’s experience, and do not take into account the effects of the novel coronavirus pandemic. The report for 2021 will certainly be much worse, because the high unemployment we are experiencing now must lead to a major drop in payroll tax revenue.

Read more from September 1, 2020

FAQs About Trusts

September 1, 2020

What do you think of when you hear the words “trust fund”? Many people will associate those words with the Astors, the Rockefellers, or the financial titans of the 19th century. Those families did indeed employ trusts for the long-term care of family wealth.

Read more from September 1, 2020

Tips to Help Older Individuals Stay Protected from Some Common Scams

August 18, 2020

Kellie M. Spawton

Each year, millions of older Americans fall prey to various types of financial fraud, costing victims nearly $3 billion last year. Scammers target older individuals because they may be lonely and more trusting, they may be less inclined to report fraud because they’re unsure of proper steps to take, or they may feel ashamed of being scammed and afraid to lose their independence. 

In preparation of National Senior Citizens Day on Friday, August 21, OceanFirst Bank is providing tips on how to stay protected from common scams designed to exploit seniors.

Read more from August 18, 2020

ROI-NJ

August 10, 2020

With news of massive restaurant chains, NBA franchises and billionaires’ clothing lines benefiting from disbursements of Paycheck Protection Program loans — one wouldn’t have been faulted for asking how the program could be any sort of panacea for an ailing Main Street economy.

 

Read more from August 10, 2020

OceanFirst Bank Facilitates Small Business Recovery Grants Totaling $100,000

July 8, 2020

Red Bank, NJ -  In coordination with the Federal Home Loan Bank of New York, OceanFirst Bank has helped ten local nonprofit organizations dedicated to providing housing in our communities, obtain a $10,000 COVID-19 Small Business Recovery Grant.

The COVID-19 Small Business Recovery Grant (SBRG) Program, made available through the Federal Home Loan Bank of New York, provides up to $5 million in flexible funds to benefit FHLBNY members’ small-business and nonprofit customers. The program is available from May 11, 2020 through December 31, 2020 or until funds are exhausted.

 

Read more from July 8, 2020

Contactless Pay. Fast. Easy. Seamless. Secure.

June 12, 2020

Did you know? Contactless pay is the safest way to shop, offering you and your debit card an added layer of protection. Have peace of mind knowing your card number will never be stored on your contactless pay device, such as a mobile phone. So, even if your smart device is lost or stolen, you’re protected from fraud. Better yet? You'll have reduced contact with PIN pads and payment devices.

Read more from June 12, 2020

Branches Re-opening Schedule

June 9, 2020

Thank you to our customers for your patience while we navigated the recent pandemic together. As stay-at-home restrictions loosen, we’re looking forward to reopening our branch network at full capacity. Updated information can be found below and in the accompanying links to our website.

Read more from June 9, 2020

OceanFirst Bank wrapped up a deal with the owners of a large multifamily development in Ohio. June 8, 2020

June 8, 2020

Just before the COVID-19 pandemic swept in, OceanFirst Bank was wrapping up a deal with the owners of a large multifamily development in Ohio. “They wanted to refinance a construction loan,” said OceanFirst Executive Vice President and Chief Operating Officer Joe Lebel. “We had approved the loan with a 35 percent down payment and were ready to close.

 

Read more from June 8, 2020

Paying bills has never been easier

June 5, 2020

Now, more than ever, having access to your banking from the comfort of your own home is essential. And, for anyone who has spent way too much time searching around the house for a stamp, Bill Pay is the answer. Enroll in Bill Pay and you can set up one-time or recurring payments from online banking or our mobile app. It’s that easy!

Read more from June 5, 2020

Post-Pandemic Re-Start-Up

June 4, 2020

Christopher D. Maher

In the Post-Pandemic “Re-Start-Up” Economy, Business Must Partner For Success

Since the onset of the COVID-19 pandemic, I have been tremendously impressed by the selflessness, compassion and just plain “heart” demonstrated by my fellow human beings. From brave healthcare workers and first responders; to the essential employees who produce our food, keep grocery stores and pharmacies running, or deliver our packages; to all the individuals who have adapted to working from home, while teaching their kids and keeping their families safe – so many people have truly gone above and beyond. My appreciation extends to our terrific OceanFirst team members, who continue to deliver exceptional customer service under unprecedented conditions.

 

Read more from June 4, 2020

Deferred, and not deferred

June 1, 2020

The IRS issued Notice 2020-17 in March, allowing taxpayers to defer their tax payments this year until July 15. However, the deadline for filing tax returns initially was left unchanged. That drew pushback from tax preparers, who argued that the IRS did not seem to appreciate how difficult it is at the moment for tax professionals to work with their clients.

Read more from June 1, 2020

What trusts can accomplish

June 1, 2020

The most important thing that a trust does is make financial resources available to beneficiaries when needed. When a corporate fiduciary such as ourselves is trustee, another automatic benefit is professional investment management. But that is just the start of potential benefits. Among the other objectives that trusts may target:

Read more from June 1, 2020

New IRS webpages

June 1, 2020

The IRS has established www.irs.gov/coronavirus to provide information specifically related to the pandemic. News releases, statements, and guidance will be collected there. The initial statement concerned health savings accounts and high-deductible health plans.

Read more from June 1, 2020

Steady Hands

June 1, 2020

“This Time It's Different.” That’s a phrase we usually associate with market tops. Just before the internet investment bubble burst, for example, we heard rosy economic forecasts and excellent rationalizations for inflated stock values. As we know, markets will right themselves; bubbles will burst. Now we are in a very different situation, with unprecedented economic distress. It really is different for the financial markets.

Read more from June 1, 2020

Taking Control of your Financial Future in the New Normal

May 21, 2020

NestEgg at OceanFirst is a simplified investing solution, whether you’re saving for retirement or looking to accomplish any other financial goals. Now, more than ever, it’s important to consider a planning-based platform like NestEgg that continuously monitors your portfolio to keep you aligned with your goals and objectives and puts you in control of your financial future. Even during tough and trying times, it’s investing made easy.

Read more from May 21, 2020

OceanFirst Bank is a leader in South Jersey in terms of dealing with their customers and helping them through these challenging times. May 15, 2020

May 15, 2020

Joe Kelly, Cat Country: "OceanFirst Bank is a leader in South Jersey in terms of dealing with their customers and helping them through these challenging times. They're working with businesses and individuals to make sure everyone can continue to move forward. I had the opportunity to speak with Vinny D'Alessandro, President of Southern Region for OceanFirst about what the bank is doing for South Jersey right now."

Read more from May 15, 2020

CARES Act of 2020

May 7, 2020

The Coronavirus (or COVID-19) has brought much fear and uncertainty into our lives. In response, the IRS has delayed the federal income tax filing deadline and legislation was recently signed into law that brings economic relief to businesses and taxpayers during the pandemic. Included in the legislation are several provisions that affect IRAs.

 

Read more from May 7, 2020

Personal Banking. Yes. It's Personal.

May 1, 2020

In these unprecedented times, we want to ensure we’re meeting all your financial needs and answering your questions. That’s why we offer banking options that are, well, personal. When talking face-to-face makes you feel more comfortable, we have solutions that will do just that.

Read more from May 1, 2020

Answers To Your Stimulus Questions

April 20, 2020

As COVID-19 continues to impact our communities and our customers, we know it's even more important than ever for you to get the financial help you're counting on. Recently, the IRS began distributing Economic Impact Payments (or stimulus payments) to eligible Americans. While the process is currently underway, our Customer Care Center does not have any information regarding eligibility, timing or distribution of your individual Economic Impact Payment. These payments are initiated and distributed solely by the IRS. For the most up-to-date information on eligibility and payment amounts, visit the IRS website.

Read more from April 20, 2020

Message from Nest Egg at OceanFirst Bank

April 14, 2020

In these unprecedented times, we have heard from many of our customers that they are concerned about their long-term financial goals. We understand and appreciate how you may be feeling, so I want to make sure you are aware of the many helpful financial tools available for you to use today. In 2018, we introduced Nest Egg at OceanFirst as a service to offer digital-based investment advice to all of our customers. This platform provides each one of our customers with access to a team of advisors who have decades of experience in a variety of economic conditions.

Read more from April 14, 2020

You Got a Tax Extension — Now What?

March 30, 2020

Plenty of obstacles can keep you from filing your taxes by April 15. If you’ve received a tax extension, you’ll have an additional six months to prepare your tax return, pushing the new deadline back to October 15. However, your tax extension does more than push back your filing date. Here are a few other factors to consider once you’ve been granted a tax extension.

 

Read more from March 30, 2020

We're In This Together

March 24, 2020

OceanFirst Bank and OceanFirst Foundation are working to bring you financial services and support resources that matter. We thank you for allowing us to be part of your journey through this unprecedented time and remain committed to our customers, employees and our community.

Read more from March 24, 2020

Secure Act New Rules

March 20, 2020

In December, as part of the budget deal, the Congress passed the SECURE Act (Setting Every Community Up For Retirement Enhancement Act), and the President quickly signed it. The new legislation included liberalization of retirement plan rules for small employers, repeal of the old rule that those over 70½ are barred from contributing to a traditional IRA, and permission to use up to $10,000 of 529 plan money to repay student loans (lifetime cap, not per year), among other things.

Read more from March 20, 2020

Important Coronavirus Information

March 16, 2020

Promoting Health, Safety and the Well-Being for All

As Coronavirus (COVID-19) continues to impact our communities, we want to express our heartfelt concern to all who are affected.  The health and safety of our customers and team members is our foremost priority and we continue to enact impactful measures throughout our organization such as social distancing and work from home arrangements to prevent the spread of COVID-19. We will continue to closely monitor information from the Centers for Disease Control (CDC) along with the guidance from our state and local officials and respond accordingly.

Read more from March 16, 2020

Tips on How to Work From Home

March 13, 2020

Nowadays you can do almost anything right from the comfort of your home, whether it is banking, working out, grocery shopping, or even working. Due to the Coronavirus you may be advised to work from home for an extended period of time, if that’s the case check out our tips on how to do so productively.

Read more from March 13, 2020

We remain focused on putting you first. 

March 12, 2020

At OceanFirst Bank we realize COVID-19 (Coronavirus) is a concern for many of our customers and we are here for you.  For several weeks we have been closely monitoring the reports and updates shared by the Centers for Disease Control (CDC) and will continue to do so.  Please know we are continuously seeking ways to limit our customers and employees to Coronavirus exposure.

Read more from March 12, 2020

Coronavirus Scams and Tips to Know

March 11, 2020

Kellie M. Spawton

With the Coronavirus spreading daily, fraudsters have found new ways to capitalize by creating phishing campaigns that are designed to steal personal information and/or money. OceanFirst Bank is aware of the Coronavirus scams and remains dedicated to keeping you safe against them. Here are some scams you may see or have already seen regarding the Coronavirus.

Read more from March 11, 2020

Security Awareness For Taxpayers

March 9, 2020

Kellie M. Spawton

The IRS, the states and the tax industry are committed to protecting you from identity theft. We’ve strengthened our partnership to fight the nation’s common enemy – the criminals – and to devote ourselves to a common goal – serving you. Working together, we’ve made many changes to combat identity theft. We are making progress. However, cybercriminals are constantly evolving, and so must we. The IRS is working hand-in-hand with your state revenue officials, your tax software provider and your tax professional. But, we need your help. We need you to join with us. By taking a few simple steps to protect all of your digital devices, you can better protect your personal and financial data online and at home.

Read more from March 9, 2020

Tax Deductions That Seniors Can Take

March 2, 2020

Whether you’re young and just starting to build your career or have recently left the workforce and have begun to reap the benefits of a retirement fund, the IRS offers a variety of tax exemptions if you meet certain requirements. If you fall into the second category, though, you’re eligible for some special tax breaks that you might not be aware of. Here are five key deductions you might qualify for to help maximize your return this coming tax season.

Read more from March 2, 2020

Smart Business

February 27, 2020

Joseph J. Lebel III

Smart Businesses Build a Foundation for Continued Growth and Success

The economic recovery that began in June 2009, following the Great Recession, has now lasted for 128 months, making it far and away the longest expansion in US history! The markets we serve at OceanFirst Bank, spanning metropolitan New York, New Jersey and Philadelphia, have enjoyed robust growth during this period, marked by declining unemployment and rising GDP.

Read more from February 27, 2020

Tax-Filing Tips For College Students

February 25, 2020

College brings a wealth of challenges. Aside from coursework, grades and adjusting to a new social environment, you’ll have to contend with managing your finances — including your taxes. When tax season arrives, take some stress out of your preparation by keeping these factors in mind.

Read more from February 25, 2020

Should Personal and Small Business Banking Overlap?

February 3, 2020

One of the most common mistakes small business owners make is failing to separate their personal and small business finances. Many owners try to process their business transactions through their personal bank accounts, but whether they do it for convenience or to help reduce expenses and bank fees, the reasons to not do it are much more compelling — not least of which because it makes you a prime target for IRS audits.

Read more from February 3, 2020

What Is a Good Amount for an Emergency Fund?

January 20, 2020

Emergencies happen to everyone, regardless of whether you have a steady income or are struggling to manage your finances. Unexpected expenses can throw your life into turmoil — and if you don’t have the money to resolve the crisis, your life will become even more difficult. That’s why you need an emergency fund.

Read more from January 20, 2020

Insurance Terms Defined: Premiums, Deductibles and Everything in Between

January 13, 2020

Insurance is a must if you own a home, rent an apartment, invest in a condo or if you drive a car. Health insurance and life insurance are non-negotiables, as well. The world isn’t perfect and since bad things happen, insurance is an important safety net, helping to protect your home, auto and possessions. Knowing that you need insurance is a no-brainer, but learning all the complexities of insurance will take time. Start with learning some insurance basics with the following list of terms.

Read more from January 13, 2020

The Pros and Cons of Automatic Payments

January 6, 2020

Do automatic payments make sense for your finances? Setting up regular withdrawals for your bills and subscriptions can make life significantly more convenient, but it can also come with some downsides. Keep these pros and cons in mind as you consider whether to integrate automatic payments into your everyday life.  

 

Read more from January 6, 2020

Acquisitions of Two River Bancorp and Country Bank Holding Company, Inc Completed

January 2, 2020

OceanFirst Financial Corp. (NASDAQ:OCFC) (“OceanFirst”), the holding company for OceanFirst Bank N.A. (“OceanFirst Bank”), announced today the closings of its acquisitions, effective January 1, 2020, of Two River Bancorp (“Two River”), the holding company for Two River Community Bank, headquartered in Tinton Falls, New Jersey, and Country Bank Holding Company, Inc. (“CYHC”), the holding company for Country Bank, headquartered in New York, New York.

Read more from January 2, 2020

Smishing Threat this Holiday Season

December 16, 2019

Kellie M. Spawton

Please be advised OceanFirst has received reports of individuals receiving a text message from acco31sfarg2.com stating: “Visa is temporarily blocked please call 1-800-330-5956.”  This is a “smishing” scam, in which fraudsters send a message to large numbers of individuals via text message in the hopes they will respond.

Read more from December 16, 2019

Our own digital transformation at OceanFirst Bank illustrates this important point: a community bank with a solid commitment to digital leadership.

October 21, 2019

Our own digital transformation at OceanFirst Bank illustrates this important point: a community bank with a solid commitment to digital leadership—and a comprehensive strategy to provide a superior digital experience, delivered by well-trained and knowledgeable people—can compete with both fintech disruptors and big bank rivals.

Read more from October 21, 2019

OceanFirst Foundation continued its community partnership with Jewish Family Service by presenting the organization with a $20,000 grant. Oct. 10, 2019

October 10, 2019

Margate — OceanFirst Foundation continued its community partnership with Jewish Family Service by presenting the organization with a $20,000 grant. The funds will benefit Village by the Shore, a program which provides a multitude of concierge, professional and volunteer services and socialization for residents over the age of 50.

Read more from October 10, 2019

Businesses That Take Action Now May See Opportunity

October 4, 2019

Christopher D. Maher

While recent economic signals are far from definitive, concerns regarding a possible recession continue to ripple through the U.S. financial markets and business community. Certainly, some data point to an elevated risk of recession. The Institute for Supply Management’s factory index fell to 47.8 in September, its second consecutive month below 50, and the lowest reading since June 2009, reflecting weaker demand for manufactured goods both at home and abroad.

Read more from October 4, 2019

Trained Digital Bankers Help Customers Utilize More Digital Technology

July 8, 2019

Joseph J. Lebel III

Recent studies confirm a fact that most of us know from experience: a growing number of customers now use only digital channels to conduct banking, avoiding brick-and-mortar branches, call centers, and other traditional venues. The percentage of consumers who bank via mobile phones, PCs and tablets rose sharply to 46% in 2018 from 27% only four years ago. Not surprisingly, digital usage is even higher for Millennials, with 82% of 18 to 24-year-old smartphone owners using mobile banking.[1]

Read more from July 8, 2019

Earnings Conference Call

September 18, 2018

OceanFirst Financial Corp. (NASDAQ:OCFC), the holding company for OceanFirst Bank, today announced that it will issue its earnings release for the quarter ended September 30, 2018 on Thursday, October 25, 2018 after the market close. Management will then conduct a conference call at 11:00 a.m. Eastern Time, on Friday, October 26, 2018, to discuss highlights of the Company's third quarter operating performance.

Read more from September 18, 2018

OceanFirst Bank #1 in NJ in Forbes Nationwide Survey

September 10, 2018

OceanFirst Financial Corp. (NASDAQ:OCFC), the holding company for OceanFirst Bank, today announced that OceanFirst Bank was ranked as one of the country’s Best In-State Banks and Credit Unions and #1 in New Jersey in a recent customer survey commissioned by Forbes. The nationwide market research study, the first of its kind undertaken by Forbes, was designed to ascertain how in-state banks and credit unions are performing among consumers in today’s evolving banking and financial services industry.

Read more from September 10, 2018

Webcast for Investor Day on September 12, 2018

September 5, 2018

OceanFirst Financial Corp. (NASDAQ:OCFC), the holding company for OceanFirst Bank, today announced that it will provide a video webcast of the Company’s Investor Day being held on Wednesday, September 12, 2018. The Investor Day is scheduled to take place from 9:30am – 2:30pm Eastern Time at the Company’s Administrative Offices at 110 West Front Street in Red Bank, NJ. Additional details regarding the OCFC Investor Day, including information regarding advance registration, is available by contacting Jill Hewitt, Investor Relations Officer.

Read more from September 5, 2018

Let us help you

For more information about OceanFirst products and services, please e-mail us your questions, visit your local branch, or give us a call at 1-888-623-2698.