Sun Bancorp, Inc. /NJ (NASDAQ:SNBC)
A bank holding company headquartered in New Jersey whose principle subsidiary is Sun National Bank. Through the Bank, the Company provides consumer and business banking services.
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Insider purchases and Wilbur Ross keeps buying.
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insider purchase!
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small bank, trades on light volume, but it paid back 89 mil of tarp on 4/8/09 and has 3.6 bil in assets! not bad for a bank that isnt in the spotlight
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Quality of leadership has been obtained in there new President and CEO. He is a people person. The key to Sun Bank is to accept the fact that it is a local bank with one hundred branches and about one thousand employees.Encourage investment in the bank not in annuitys.
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