BAYONNE —The shareholders of Pamrapo Savings Bank, based in Bayonne, voted Thursday morning to merge with with Bayonne Community Bank. The merger had been a topic of debate for some shareholders.
Seventy percent of the shareholders cast ballots in the vote, according to a published report. Fifty-five percent of those voters favored the merger.
The shareholders of BCB had already approved it from their end.
The federal government must now approve the merger before it can occur.