Investors Bank Hires New Treasurer

SHORT HILLS, N.J., Oct. 25, 2016 /PRNewswire/ -- Investors Bancorp, Inc. ISBC, the holding company for Investors Bank, has announced that Daniel F. Dougherty, CFA, has joined Investors Bancorp, Inc. and Investors Bank as Senior Vice President and Treasurer.

Dougherty, who has more than 20 years of banking and treasury experience, succeeds Maria Lopes, who stepped down from her role in October.

"Dan brings a wealth of treasury expertise to the bank and we anticipate significant contributions in helping us execute on our strategic plan," said Investors Bancorp CEO, Kevin Cummings.  "At the same time, we will miss Maria and thank her for her hard work and years of service."

"This is an exciting time to be joining Investors Bank," said Dougherty. "The bank is well positioned and I look forward to being able to bring to bear all of my experience in aiding its ongoing expansion. It also is a tremendous plus to work for a company that cares so much for the communities it serves and for its employees."

Dougherty comes to Investors from Astoria Bank, where he was Senior Vice President and Treasurer. Before joining Astoria, Dougherty was Senior Vice President and Assistant Treasurer at Israel Discount Bank of New York.  Dougherty spent the earlier years of his banking career at FHLB of New York, North Fork Bank and GreenPoint Bank.

A chartered financial analyst, Dougherty is a member of the New York Society of Security Analysts, and has an MBA in Finance from St. John's University. He has a BA in economics with a minor in business from SUNY at Stony Brook.

About Investors Bank

Investors Bank is a full-service community bank that has been serving customers since 1926. With more than $21 billion in assets and over 145 retail branches in New Jersey, New York City and Long Island, Investors Bank delivers personalized services and products tailored to the needs of its customers. Investors' consumer banking services include complete deposit products, online banking, home equity loans and lines of credit and a full array of mortgage loans. Serving the business community, Investors provides deposit accounts, cash management services, business loans and lines of credit, and commercial real estate financing solutions to small and middle market companies, professional services firms, municipalities and other businesses. Investors Bank. Member FDIC and Equal Housing Lender.

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SOURCE Investors Bancorp, Inc.