I contacted a lawyer as of this evening. OceanFirst's growth has been Thank you for your interest in OceanFirst. Michael J. Fitzpatrick, Chief Financial Officer(732) 240-4500, ext. Does Paypal use oceanfirst bank? New to the community? Please read our Community Rules and Guidelines, Pay, shop, and do even more on the PayPal appGet the App. I have TWO little babies, YOU are withholding my money. As of today, OceanFirst Bank is the 193rd largest bank in US by branch count. FIRST BANK CONTACT: If you want FDIC insurance for your PayPal balance, your best option is to request (and receive) a PayPal Cash Card. With $2.4 billion in assets as of June 30, 2021, First Bank offers a full range of deposit and loan products to individuals and businesses throughout the New York City to Philadelphia corridor. The Texas Ratio, a measure of a "bad assets" against available capital, can provide an early warning sign of bank failure. CDs can be a terrific option to achieve higher returns, but there are limitations to accessing your money. Uncover why OceanFirst Bank is the best company for you. We offer banking at your fingertipsor paws. The best part? Is it OK if we also use cookies to show you personalized ads? By providing your email address below, you are providing consent to OceanFirst Financial Corp. to send you the requested Investor Email Alert updates. THEY CANT BECAUSE THEY NO LONGER HAVE THE $$ PAYPAL does!! OceanFirst Bank has above-average access to customer service with a live chat feature, which is helpful for those that work during typical customer service hours. The overall rating is a weighted average of rates, fees, service quality and financial health.Read more. Access your account information safely and securely anytime, anywhere with the convenience of Mobile Banking from OceanFirst Bank. Unacceptable and unreliable to have a mobile banking app that doesn't work well. eStatements are like hugging a tree without ever stepping foot outside. PayPal is a digital payments company available in more than 200 countries. Learn more about our Digital Banking services. If you don't like the taste of envelopes or if you've ever spent way too much time searching for that stamp, Bill Pay is your answer. With mobile and web apps, OceanFirst Bank makes mobile banking easy, even on the go. The only thing is when I look on my activities it shows the money was refunded to paypal not to the company that sent it. Zelle is available right from your online and mobile banking account and conveniently located in the same place where you pay your bills. OceanFirst Bank receives a superb consumer satisfaction score based on relatively few complaints filed with the Consumer Financial Protection Bureau (CFPB), a government-backed consumer protection agency. Hi Christine, we apologize for any inconvenience and want to help. driven organically complimented by the completion of seven whole bank acquisitions since 2015. ET. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. Out of 9,519 ratings on both Apple and Android platforms, the OceanFirst Bank mobile app rates a 4.6 out of 5 (compared to the national average of 3.8). Is oceanfirst bank connected with PayPal? As it has conducted its six bank mergers since 2016, OceanFirst has aggressively consolidated retail branches. Add and verify your OceanFirst Debit Card on your device's mobile wallet. This compensation comes from two main sources. The transaction is subject to regulatory approval and is expected to be completed during the fourth quarter of 2021. About OceanFirst Bank. (877) 724-6454 And they confirmed that my money was never refunded back to the company that sent it and that the money was in deed still with paypal. Within the "Manage Accounts" menu, select "eStatements", 3. Company Contact:Michael J. FitzpatrickChief Financial OfficerOceanFirst Financial Corp.732.240.4500, ext. No separate app! investorrelations@oceanfirst.com, Investor Relations bank operating throughout New Jersey, greater Philadelphia and metropolitan New York. My $1,490 check is now lost and paypal is doing nothing but giving me the run around. PayPal refuses to tell me the name of the bank used for my account direct deposit. PayPals intent is to provide these funds with the benefit of pass-through FDIC insurance up to the applicable limits. OceanFirst Financial Corp. PayPal also doesnt provide other products and services that you may find at a full-service bank, such as auto loans, home mortgages, home equity lines of credit or wealth management. February 03, 2022 16:55 ET The transaction is expected to close on March 1, 2022. They have no records of it EVEN though the account number and routing numbers were correct (verified 4 times!) How do I set up Direct Deposit with my PayPal Debit Card? OceanFirst Financial Corp. RED BANK, N.J., Feb. 03, 2022 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC), (the Company), the holding company for OceanFirst Bank N.A. Just a heads up the routing number they gave me was [Removed]. Leave your wallet tucked safely away and give your smart device another job. Performance information may have changed since the time of publication. 975 Hooper Avenue Our strong commitment to helping families, organizations, schools and communities throughout the Bank's footprint to meet their financial needs has spanned several generations. We encourage you to review their privacy and security policies which may differ from OceanFirst Financial Corp. Transaction to include approximately $124 million in deposits and $14 million of loans, based on June 30, 2021 balances, First Bank and OceanFirst Bank Announce Definitive Agreement for First Bank to Acquire Two Branch Locations in Central New Jersey Region, Deposit premium of 2.00% on total deposits, and 2.21% on core deposits (utilizing deposit data as of June 30, 2021), Transferred loans have a weighted average yield of 3.79% as of June 30, 2021, Projected fully phased-in EPS accretion of $0.10, or 6.74%, Projected 2023 return on invested capital of 17.67%, Pro-forma loan to deposit ratio equal to 97.56% after acquisition (utilizing loan and deposit data as of June 30, 2021), Projected tangible book value dilution at closing of 1.25% and an earnback of approximately two years, Projected tier 1 ratio reduction at closing of 32 basis points. Toms River, NJ 08753-8320 But a connected account isnt necessary if you only plan to use PayPal funds to shop online or send money to family and friends. We have updated the site to make it easier for you to navigate and find the information you need. But if you want a full-service banking experience, using PayPal as your bank account may not provide the range of services and tools you need. (877) 724-6454 OceanFirst Bank does not have the best savings rate, which means you should think about looking elsewhere for banks that deliver more return for your money. Tridents client-focused approach and talented professionals make them a strong addition to our growing company. Maher continued, In addition, adding new revenue streams will provide a quality source of non-interest income to benefit OceanFirst stockholders., Derrick Scenna, Partner, Trident Abstract Title Agency, LLC, said, We are thrilled to join OceanFirst as a complement to the Banks already robust and growing lending platform. and residential financing solutions, trust and asset management and deposit services. Learn more about Max's adventures with the Money Management tool. OceanFirst Bank has both an online and physical presence, with 58 total bank locations in New Jersey, New York, Pennsylvania, Massachusetts and Maryland. Please bring it back, it makes the app so much easier and fluid. The assets will be acquired at book value except for the owned premises, which will be acquired at appraised value, and the deposits will be acquired for a premium of approximately $2.5 million. Learn More We care about our neighbors and community, let us show you what that means. All investing involves risk, including loss of principal. (the "Bank"), today, announced. PayPal refuses to tell me the name of the bank used for my account direct deposit. How long does it take to see money from Direct Deposit in my PayPal Balance account? On average, OceanFirst Bank charges customers extremely low fees in comparison to the national average. Right now my debit and all 4 of my savings accounts are frozen due to this. Terms and conditions apply. Leave the Archive. On September 28th TBG (the company turbo tax uses to deposit your taxes after fees are taken) direct deposited my $4318 fenders tax return. Enroll in Zelle and start sending and receiving money with friends and family! And, if you want the in-person experience of a brick-and-mortar bank, PayPal isnt the service for you. Verify again. 1x points monthly per $1 spent On other eligible purchases. The Bank delivers commercial To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. OceanFirst Bank noted that the two branches are each located more than 10 miles from its existing branch franchise and the customers and employees can benefit from the closer geographic proximity to the First Bank New Jersey footprint. Ben is based in Des Moines, Iowa. Some of the primary benefits of Direct Deposit include: Once set up, money moves seamlessly from Payer to Payee. All rights reserved. 62 reviews. shareholder@broadridge.com. Forgot Password?Sign-up for Digital Banking. That, and keeping your desk clutter free. All in the last month. A low ratio indicates smaller chance of failure; a higher ratio suggests greater risk. OceanFirst Bank (NJ) Review | Review, Fees, Offerings | SmartAsset.com SmartAsset's experts review New Jersey's OceanFirst Bank. You will be linking to another website not owned or operated by OceanFirst Financial Corp. We do not control these sites and do not guarantee the accuracy, completeness, efficiency or timeliness of the information contained therein. Factors which could have a material adverse effect on the operations of the Company and its subsidiaries include, but are not limited to: the impact of the COVID-19 or any other pandemic on our operations and financial results and those of our customers, changes in interest rates, general economic conditions, levels of unemployment in the Banks lending area, real estate market values in the Banks lending area, future natural disasters and increases to flood insurance premiums, the level of prepayments on loans and mortgage-backed securities, legislative/regulatory changes, monetary and fiscal policies of the U.S. Government including policies of the U.S. Treasury and the Board of Governors of the Federal Reserve System, the quality or composition of the loan or investment portfolios, demand for loan products, deposit flows, competition, demand for financial services in the Companys market area, accounting principles and guidelines and the Banks ability to successfully integrate acquired operations. All Rights Reserved. Im calling Ocean First bank tomorrow morning and demanding payment since it went to their bank. Paypal is telling me that oceanfirst bank is not the correct bank associated with my account. Along with digital payments, PayPal offers other financial services like debit cards, prepaid cards, credit cards and lines of credit. Given OceanFirst Bank's below average savings rate, you should consider looking elsewhere to open savings accounts. Forgot Password?Sign-up for Digital Banking. After all, PayPal offers convenience and a digital-first experience. Please change your search criteria and try again. OceanFirst Financial Corp.'s subsidiary, OceanFirst Bank N.A., founded in 1902, is a $7.7 billion regional bank operating throughout New Jersey, . OceanFirst Bank has a fair savings rate compared to the average savings account. OceanFirst Bank is a FDIC-insured bank with certificate number of 28359. Then, sit, stay. First they made a mistake with my morgatages escrow. Its economical for employers and eco-friendly by avoiding printing physical checks. Select the Paperless option, review the Terms and Conditions, and proceed. Editorial Note: We earn a commission from partner links on Forbes Advisor. Hi there, thank you for your feedback. Its customers are served from 57 locations. View account balances and transaction history, Turn on the Quick Balance widget on your smartphone or watch and get a balance update with the touch of your finger, Deposit checks without a trip to the branch, Purchase rebate offers based on where you shop, Customize your own reports or link your account activity to your personal finance software, such as Quicken or QuickBooks, Grant additional users controlled access to your accounts and set transaction limits, Use eBills to view bills online, receive payment reminders, Restrict usage to specific types of merchants, Access within our Mobile App and Online Banking, Send money directlyfrom your account totheirs, typically in minutes, Send and receive money with Zelle right from Digital Banking online or our mobile banking app, There are no fees tosend money with Zelle from our online ormobile banking app, TRANS to Transfer funds to primary account. Not very reliable at all. After submitting your request, you will receive an activation email to the requested email address. Are you sure you want to rest your choices? Statements preceded by, followed by or that otherwise include the words believes, expects, anticipates, intends, projects, estimates, plans and similar expressions or future or conditional verbs such as will, should, would, may and could are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. Feb 19, 2020. The developer provided this information and may update it over time. See if opening up an account with this bank is in your best financial interest Menu burger Close thin Facebook Twitter Another reply? You can sign up for additional alert options at any time. Once you have a PayPal Cash Card, PayPal will begin to deposit your funds into a pooled account held by PayPal at an FDIC-insured bank. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. It is easy to get started. OceanFirst Financial Corp. plans to close 13 retail branches, a move stemming from the latest in a series of bank acquisitions made in recent years . We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. [Removed] keeps showing up as ocean first bank? 2 Must have a bank account in the U.S. to use Zelle. We offer banking at your fingertipsor paws. To enroll, log into Online Banking and click first on Notifications, then Settings. So I just tried to link my PayPal to my other account and now my other account is frozen due to it saying that PayPal is an Oceanfirst bank account idk whats going on but it needs to be fixed quickly. ET; Saturday, and 8:00 a.m. to 5:00 p.m. Additionally, OceanFirst Bank is FDIC-insured, meaning that your money is insured up to $250,000, even in the event of bank failure. These risks and uncertainties are further discussed in the Companys Annual Report on Form 10-K for the year ended December 31, 2020, under Item 1A - Risk Factors and elsewhere, and subsequent securities filings and should be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements. ("OceanFirst Bank"), the banking subsidiary of OceanFirst Financial Corp. ("OceanFirst") (NASDAQ: OCFC), today announced the execution of a . First Bank is a New Jersey state-chartered bank with 16 full-service branches in Cinnaminson, Cranbury, Delanco, Denville, Ewing, Flemington, Hamilton, Lawrence, Pennington, Randolph, Somerset and Williamstown, New Jersey; and Doylestown, Trevose, Warminster and West Chester, Pennsylvania. The average employee at OceanFirst Bank makes $46,625 per year. TPG provided me with a tracing number as proof it was sent to PayPal and the correct again. The most common ethnicity at OceanFirst Bank is White (59%). A graduate of Rice University, he has written for several Fortune 500 financial services companies. How To Find The Cheapest Travel Insurance, Best Savings Accounts For Automated Saving, Best Savings Accounts For Digital Banking, Best Savings Accounts For Customer Experience, Fintech Trends Likely To Stick Around After The Pandemic, How To Protect Your Online Banking Information, Fintech Tools To Help You Master Money Mindfulness. Did you ever find anything out??? The bank has most branches in New Jersey, New York and Pennsylvania. OceanFirst Bank has 874 employees. Please give us a call us at 1.888.623-2633, option 3, so we can assist you. Transaction to include approximately $124 million in deposits and $14 million of loans, based on June 30, 2021 balances HAMILTON, N.J. and RED BANK, N.J., Aug. 04, 2021 (GLOBE NEWSWIRE) - First Bank (NASDAQ: FRBA) and OceanFirst Bank, N.A. Cash app says the routing number is linked to oceanfirst bank. It's economical for employers and eco-friendly by avoiding printing physical checks. OceanFirst Bank delivers commercial and residential financing, treasury management, trust and asset management, and deposit services and is one of the largest and oldest community-based financial institutions headquartered in New Jersey. 2023 Forbes Media LLC. OceanFirst Bank employees rate . The company offers online banking, current accounts . Although PayPal is not a bank, it partners with bankslike The Bancorp Bank and Synchrony Bankto offer various products like debit cards, prepaid cards, credit cards and lines of credit. I think the app is not nearly as smooth and efficient as was the app for Two River Community Bank. Welcome to the PayPal Community! With that being said, if you are keeping a significant amount of funds in your account, wed recommend using an account that offers direct FDIC insurance. OceanFirst will host a conference call to discuss the proposed transaction on Thursday, November 4, 2021 at 11:00 a.m. Eastern Time. Mitch has more than a decade of experience as personal finance editor, writer and content strategist. View Details Online Banking P.O. And they still don't believe me and they definitely don't want to help me get my money back. 975 Hooper Avenue When your eStatement is made available each cycle, you will log into Digital Banking to view it. Learn more about OceanFirsts history, careers and acquisitions. I learned this when calling Bancorp. Broadridge Corporate Issuer Solutions, Inc. | Source: OceanFirst Bank currently operates with 40 branches located in 3 states. If you want the protection and convenience of a bank checking account or credit union share draft account, PayPal may not be the best choice. After submitting your request, you will receive an activation email to the requested email address. Data privacy and security practices may vary based on your use, region, and age. You will need to link a bank account if you ever want to take cash from your PayPal balance; you must have a place to transfer the money to. OceanFirst Bank also offers a live chat feature, something to consider if you work during the customer service hours.