Before each transaction you will need to verify your identity with your fingerprint or PIN. 2x points per $1 spent 1 in your top two spend categories each month - Automatically. bank operating throughout New Jersey, greater Philadelphia and metropolitan New York. 2 Must have a bank account in the U.S. to use Zelle. Boenning & Scattergood, Inc. acted as financial advisor to First Bank. I got my state refund on September 15. At $12.95/month, OceanFirst Bank is ideal for those who want a simple banking experience. 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. What are the advantages of Direct Deposit? We have updated the site to make it easier for you to navigate and find the information you need. 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. Welcome to the redesigned OceanFirst Financial Corp. investor relations website. Is it OK if we also use cookies to show you personalized ads? The Companys ability to predict results or the actual effect of future plans or strategies is inherently uncertain. OceanFirst Financial Corp.'s subsidiary, OceanFirst Bank N.A., founded in 1902, is a $11.8 billion regional bank providing financial services throughout New Jersey and in the major. I have money being transferred from my cash app account to my PayPal account. As it has conducted its six bank mergers since 2016, OceanFirst has aggressively consolidated retail branches. 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. If youre looking for a convenient way to get more benefits from your PayPal account, some of the PayPal credit cards, debit cards or financing options could be helpful. OceanFirst clients will have the option of working with a preferred title partner that should provide for faster and more straight-forward loan closings. If you have questions about Card Control, visit our FAQ page. Here are a few alternatives to using PayPal as your bank account: PayPal offers compelling options and value-added services for people who may want a debit card, prepaid card, cash back credit card, access to small lines of credit and convenient online payments. OceanFirst Bank employees rate . 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. Zelle is available right from your online and mobile banking account and conveniently located in the same place where you pay your bills. My income tax check was deposited on May 18th for 7,832 and then refunded back on the 19th. Are you sure you want to rest your choices? Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. Verify again. But a connected account isnt necessary if you only plan to use PayPal funds to shop online or send money to family and friends. 7506mfitzpatrick@oceanfirst.com. Does Paypal use oceanfirst bank? All you need is an internet-enabled iPhone, iPad, iPod Touch or AndroidTM mobile device. Some of the primary benefits of Direct Deposit include: Once set up, money moves seamlessly from Payer to Payee. About this app. OceanFirst Bank is a FDIC-insured bank with certificate number of 28359. When your eStatement is made available each cycle, you will log into Digital Banking to view it. You can use OceanFirst Bank's app to control your finances by checking account balances, sending and receiving funds as well as accessing support representatives. Forgot Password?Sign-up for Digital Banking. It does not provide access to all-day customer service with actual service representatives. Use it tohelpwhip your financesinto shape. OceanFirst Bank features a savings rate of 0.03%, which is low as compared against the national average. 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. 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. When I type in the routing number that paypal gave me, it shows up as oceanfirst bank. Broadridge Corporate Issuer Solutions, Inc. On average, OceanFirst Bank charges customers extremely low fees in comparison to the national average. To enroll, log into Online Banking and click first on Notifications, then Settings. The company offers online banking, current accounts . One small example: PayPal doesnt provide paper checks, often a standard feature offered with checking accounts found at banks. This transaction enables First Bank to realize additional scale in our targeted service area and acquire long-term low-cost core funding 35% below our current cost of funding, along with providing an opportunity for long-term value creation, said Patrick L. Ryan, President and Chief Executive Officer. That, and keeping your desk clutter free. Mitch has more than a decade of experience as personal finance editor, writer and content strategist. The overall rating is a weighted average of rates, fees, service quality and financial health.Read more. OceanFirst Bank has several deposit products like savings accounts, checking accounts, money market accounts and CDs to give you many options to manage your money. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. WHAT? I would suggest contacting us via Facebook - https://www.facebook.com/PayPal/, Twitter - @AskPayPal., chat or phone and we would be happy to advise. OceanFirst Bank has 874 employees. There are no limits, no fees, and it's free to set up with PayPal. No separate app! Cash app says the routing number is linked to oceanfirst bank. For information about ESG at OceanFirst, please use the ESG link in our navigation. Accounts and services designed to deliver more time for play. Company Contact:Michael J. FitzpatrickChief Financial OfficerOceanFirst Financial Corp.732.240.4500, ext. This avoids the need for physical deposits either by standing in line at a bank or by depositing a physical check. PayPals first response? This is literally INSANE! TPG provided me with a tracing number as proof it was sent to PayPal and the correct again. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. The bank has most branches in New Jersey, New York and Pennsylvania. This press release contains certain forward-looking statements, either express or implied, within the meaning of the Private Securities Litigation Reform Act of 1995. Your question is very account specific, and we would be unable to tell you why this has happened over a public forum. The Bank delivers commercial and residential financing solutions, trust and asset management and deposit services. Direct Deposit enables you to receive a portion or all of your paycheck or government payment automatically into your PayPal balance. We offer banking at your fingertipsor paws. The developer provided this information and may update it over time. Depending on what you need from your banking relationship, PayPal may or may not cover all of the bases. Such forward-looking statements are based on various facts and derived utilizing important assumptions, current expectations, estimates and projections about First Bank and OceanFirst Financial, any of which may change over time and some of which may be beyond First Banks or OceanFirst Financials control. And your actual card number will never be stored on your contactless pay device so even if your smart device is lost or stolen, you are protected from fraud. All in the last month. Learn more and manage your cookies, Fix transaction and account related issues, Join the discussion with PayPal customers, Get help with using any of our PayPal products, Find out how PayPal works for your business. This is not an offer to buy or sell any security or interest. Heres a closer look at PayPaland the financial products and services it offersto help you decide whether its the right fit for your goals. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. Trident has been a leader in delivering superior commercial and residential title services. At OceanFirst Financial Corp., we promise to treat your data with respect and will not share your information with any third party. It is expected that the current staff of the branches will become employees of First Bank. If you experience any issues with this process, please contact us for further assistance. Box 1342 Get the inside scoop on jobs, salaries, top office locations, and CEO insights. OceanFirst Financial Corp. Given OceanFirst Bank's below average savings rate, you should consider looking elsewhere to open savings accounts. 18% of OceanFirst Bank employees are Hispanic or Latino. Direct Deposit is commonly used to transfer an employees salary. And it was one of the first companies to make it possible for people to easily and securely shop online and send money to people electronically. OceanFirst Bank's one-year and five-year term lengths CDs earn at a rate of 0.10% and 0.30%, respectively, while its highest-yielding money market account earns at a rate of 0.03%. The Company does not undertake, and specifically disclaims any obligation, to publicly release the result of any revisions which may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. I Called Wells Fargo after tracing my routing number. You can use PayPal to pay your bills, online or from the PayPal app. As of today, OceanFirst Bank is the 193rd largest bank in US by branch count. Whether you prefer desktop or smartphone, home office or even your floor, go ahead, call your best friend. Uncover why OceanFirst Bank is the best company for you. I would recommend continuing to reach out to our Customer Support teams as they're the best equipped to handle this concern. Was this article helpful? It's like having a personal trainer for your budget. Something went wrong. You can, however, connect your PayPal account to a bank account, a debit card or a credit card account for sending and receiving payments and transferring funds. Our strong commitment to helping families, organizations, schools and communities throughout the Bank's footprint to meet their financial needs has spanned several generations. Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license. 1x points monthly per $1 spent On other eligible purchases. Editorial Note: We earn a commission from partner links on Forbes Advisor. The bank's standard checking product features a $12.95 monthly fee, which is not too high compared to the average U.S. bank. The company was founded in 1902 and is headquartered in Toms River, New Jersey., and . 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. You must click the activation link in order to complete your subscription. Thesafe, secure, & convenient way to keep tabs on your debit card transactions. Box 1342 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. Monitor where and how you spend with categories you can customize, Set goals and view your progress, even on our mobile app, Spot where you are on track and where you could do a better job resisting the urge to spend. Just a heads up the routing number they gave me was [Removed]. This exact same issue is going on with me and I cant get a reply from yall, I am going through a simular situation.. except my refund was deposited in someone else's account. The Forbes Advisor editorial team is independent and objective. You can, however, connect your PayPal account to a bank account, a debit card or a credit card account for. OceanFirst Bank currently operates with 40 branches located in 3 states. Its Texas Ratio is 4.85%, denoting a negligible likelihood of failure. Managing Editor, Global Data and Automation for Forbes Advisor. The two branches will continue operating as OceanFirst Bank branches until the transaction is approved and completed. Any forward-looking statement speaks only as of the date on which it is made, and First Bank and OceanFirst Financial do not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. UH no! By browsing this website, you consent to the use of cookies. 2023 Forbes Media LLC. Add and verify your OceanFirst Debit Card on your device's mobile wallet. Further, certain factors that could affect future results and cause actual results to differ materially from those expressed in the forward-looking statements include, but are not limited to: the ability to successfully implement a growth strategy, including identifying acquisition targets and consummating suitable acquisitions; continuing to sustain internal growth rates; provide competitive products and services that appeal to customers and target markets; difficult market conditions and unfavorable economic trends in the United States generally, and particularly in the market areas in which First Bank or OceanFirst Financial operates and in which their loans are concentrated, including the effects of declines in housing market values; the impact of disease pandemics, including COVID-19, on operations and customers and employees; an increase in unemployment levels and slowdowns in economic growth; levels of nonperforming assets and the costs associated with resolving any problem loans including litigation and other costs; changes in market interest rates may increase funding costs and reduce earning asset yields thus reducing margin; the impact of changes in interest rates and the credit quality and strength of underlying collateral and the effect of such changes on the market value of investment securities portfolios; the extensive federal and state regulation, supervision and examination governing almost every aspect of First Bank's and OceanFirst Financials operations including changes in regulations affecting financial institutions, and expenses associated with complying with such regulations; uncertainties in tax estimates and valuations, including due to changes in state and federal tax law; the ability to comply with applicable capital and liquidity requirements, including the ability to generate liquidity internally or raise capital on favorable terms, including continued access to the debt and equity capital markets; possible changes in trade, monetary and fiscal policies, laws and regulations and other activities of governments, agencies, and similar organizations. 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. 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. Nick Mazza. P.O. investorrelations@oceanfirst.com, Investor Relations Apple Pay, G Pay, Samsung Pay, Garmin Pay, FitBit Pay -- Welike to call themcontactless pay. Patrick L. Ryan, President and CEO(609) 643-0168, patrick.ryan@firstbanknj.com, OCEANFIRST BANK CONTACT: CDs can be a terrific option to achieve higher returns, but there are limitations to accessing your money. A graduate of Rice University, he has written for several Fortune 500 financial services companies. (877) 724-6454 Additionally, the log-on is also not as efficient. OceanFirst Bank has a full selection of banking products, which include savings accounts, checking accounts, money market accounts, CDs, IRAs, mortgage products and credit cards. 4.2. Troutman Pepper provided legal counsel to First Bank and Luse Gorman, PC provided legal counsel to OceanFirst Bank. Thank you for contacting the PayPal Community Forum and welcome as a new member! Please note that you will need to have a PDF reader on your device; if you cannot see your eStatement you will be prompted to download one. Is oceanfirst bank connected with PayPal? Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. Using contactless pay is hands down the safest way to shop. And nobody seems to be able to help us. 7516 OceanFirst Bank has both an online and physical presence, with 58 total bank locations in New Jersey, New York, Pennsylvania, Massachusetts and Maryland. Get a 360 degree view off all your accounts - don't worry, only you can see your accounts at other financial institutions. 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. This free app lets you instantly enroll and provides quick access to the Digital Banking tools you need: Safety starts with understanding how developers collect and share your data. No sweat. 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. Its economical for employers and eco-friendly by avoiding printing physical checks. 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