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FAIR HAVEN: GIFTS AND THREADS IN CHURN

Threads Too plans to take over space now occupied by the China Closet, which is relocating to larger space in town. (Photo by John T. Ward. Click to enlarge)

By JOHN T. WARD

retail churn smallThere’s some interesting domino-effect shuffling about to take place among shops in Fair Haven, redbankgreen‘s Retail Churn has learned.

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RED BANK: RESTORING LIFE TO ‘THE VAULT’?

After five years of dormancy, the former Smith Barney building at 55 Broad Street in Red Bank has seen some recent activity. So what’s going on here? Read on. (Photo by John T. Ward. Click to enlarge.)

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SHREWSBURY: PAIR CHARGED IN ATM SCHEME

shrews suspect 081115 1Shrewsbury police arrested two men on fraud-related charges after they rigged a bank ATM machine with data-stealing equipment Sunday, redbankgreen has learned.

Drini Kupi, 26, and Mejdina Miodrag, 32, both of Ridgewood, New York, were apprehended. A third suspect, seen in the surveillance photo at right and and below, is being sought by police, Lieutenant Bob Turner said in a prepared statement.

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BANK TO DEPOSIT ITSELF ON BROAD STREET

OceanFirst Bank will take space in a building that’s been a supermarket, a five-and-dime and home to a number of financial services companies over its 92-year history. (Click to enlarge)

By DANIELLE TEPPER

Rcsm2_010508In recent decades, the white stone building at 73 Broad Street has been a home to many financial service companies: Provident Savings Bank, Prudential Securities, then Wachovia Securities, and most recently, Wells Fargo Bank.

The pattern resumes this spring with the expected arrival of OceanFirst Bank.

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RED BANK WOMAN DIES AFTER ACCIDENT

A 27-year-old Red Bank woman died after being struck by a vehicle while walking in a Middletown parking lot Monday morning, township police said.

Janet Ramos-Morales, whose street address was not immediately given, was hit at 11:24 in the lot of the Bank of America branch at the intersection of Route 35 and Navesink River Road, the MTPD said in an announcement issued late Monday night.

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HALL CLAIMS WIN IN LOCAL BANK STAKES

The Fair Haven office is one of just five for the locally focused bank. (Click to enlarge)

By MIKE BARON

The shareholders of Rumson-Fair Haven Bank & Trust have spoken, and they apparently aren’t all that worried that hedge fund honcho George Hall is going to turn the their well-heeled area into a Pottersville.

Hall is the founder of investment firm Clinton Group, which has more than $2.5 billion in assets under management, according to its website. On May 11, he won his battle to remove William Barrett as chairman of of the five-branch bank after an independent judge finalized the results of the bank’s annual shareholder vote. Hall is replacing Barrett on the board, and a new chairman is set to be chosen when the bank’s directors meet on Monday.

While the area is undoubtedly a far cry from Bedford Falls, the fictional setting of the classic movie “It’s a Wonderful Life,” Barrett had reportedly likened Hall to Henry Potter, the film’s villain, amid criticism by Hall that the bank wasn’t doing enough local lending.

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NATIONAL NIGHT OUT: RED BANK

rb-nno5rb-nno2Red Bank’s National Night Out celebration, a sun-soaked evening held in the borough hall parking lot, featured many fixings of a community coming together: a walk around town, tours of the police station, games, a handshake with a cop or two and char-grilled burgers.

Cops did it all Tuesday night. They flipped burgers, ran fingerprints, put the “drunk goggles” on golf cart-drivers and monitored the speed of young flamethrowers tossing a baseball.

Images from the evening’s festivities after the ‘read more’ button. (Photos by Dustin Racioppi; click to enlarge)

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RED BANK MAN COPS TO TWO BANK JOBS

call-in-the-authoritiesA Red Bank man admitted in federal court in Trenton Monday that he robbed a Fair Haven bank last August and another one a week later in Cranford.

Wilfred A. Dunn Jr., no address given, faces up to 20 years for each robbery, according to documents filed in connection with the plea.

According to an FBI agent’s statement in court records, Dunn entered a TD Bank branch on River Road in Fair Haven last August 20 and passed a teller a note that said, “I have a loaded gun in my bag. Just give me the money and nobody gets hurt. 20s, 50s and 100s.”

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FAIR HAVEN BANK ROBBED

hot-topic rightBy DUSTIN RACIOPPI

Fair Haven police are searching for a suspect who robbed a bank on River Road Monday afternoon.

The suspect, believed to be a Hispanic man between 20 and 30 years old, went into PNC Bank at around 3:30 yesterday and demanded money, Lieutenant Joseph McGovern said in a statement.

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M’TOWN MAN CHARGED WITH CHECK FRAUD

call-in-the-authoritiesA Middletown man was arrested yesterday on check-kiting charges that authorities say defrauded a Shrewsbury bank branch of nearly $93,000.

Sandy Masselli, 48, was held on $100,000 bail and ordered to surrender his passport as a condition of being released, according to the Monmouth County Prosecutor’s office, which announced the arrest Thursday afternoon.

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