The anytime, anywhere app that has everything you need. February 03, 2022 16:55 ET OceanFirst Financial Corp.'s subsidiary, OceanFirst Bank N.A., founded in 1902, is a $7.7 billion regional bank operating throughout New Jersey, . However, while PayPal offers some bank-like features, PayPal is not a bank and it doesnt provide the same range of financial services. Welcome to the PayPal Community! OceanFirst Financial Corp.s subsidiary, OceanFirst Bank N.A., founded in 1902, is a $11.7 billion regional bank providing financial services throughout New Jersey and in the major metropolitan markets of Philadelphia, New York, Baltimore, Washington D.C and Boston. 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. That said, whether you use PayPal as your primary financial account is ultimately up to you and your needs as a consumer. We'd love to hear from you, please enter your comments. The average OceanFirst Bank hourly pay ranges from approximately $18 per hour for a Customer Service Representative to $28 per hour for a Personal Banker. 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. CDs can be a terrific option to achieve higher returns, but there are limitations to accessing your money. Christopher D. Maher, OceanFirst Financial Corp. Chairman and . Learn more about our Digital Banking services. The developer provided this information and may update it over time. Heres a closer look at PayPaland the financial products and services it offersto help you decide whether its the right fit for your goals. I did my taxes via Turbo Tax. 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. Additionally, the log-on is also not as efficient. Thank you for your interest in OceanFirst. For questions, please contact OceanFirst at 888.623.2698. Past performance is not indicative of future results. 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. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. We believe that the integration experience we have gained in recent years, along with the excellent relationships we maintain with regulators, will enable a seamless transition with minimal disruption for all customers.. After submitting your request, you will receive an activation email to the requested email address. On average, OceanFirst Bank charges customers extremely low fees in comparison to the national average. It does not provide access to all-day customer service with actual service representatives. 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. Takes too long, often logs off in mid-transaction, asks too many times to confirm that I can read the check. Using an institution with no-fee checking and a high interest rate savings account is the best bet for getting the highest income from your deposits alongside easy access to your funds. Some of the primary benefits of Direct Deposit include: Once set up, money moves seamlessly from Payer to Payee. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Box 1342 [Removed] keeps showing up as ocean first bank? Please change your search criteria and try again. In addition, the transaction is consistent with OceanFirsts long-term retail banking strategy, which envisions a mix of robust digital and branch-based solutions tailored to the needs and convenience of customers, while optimizing the efficiency of the branch portfolio. We have updated the site to make it easier for you to navigate and find the information you need. For discussion of these and other risks that may cause actual results to differ from expectations, please refer to Forward-Looking Statements and Risk Factors in the Annual Reports on Form 10-K filed by First Bank and OceanFirst Financial Corp. and any updates to those risk factors set forth in proxy statements, subsequent Quarterly Reports on Form 10-Q or Current Reports on Form 8-K. New to the community? (the "Bank"), today, announced. The most common ethnicity at OceanFirst Bank is White (59%). At OceanFirst Financial Corp., we promise to treat your data with respect and will not share your information with any third party. investorrelations@oceanfirst.com, Investor Relations 1999-2023 PayPal, Inc. All rights reserved. Leave your wallet tucked safely away and give your smart device another job. Brentwood, NY 11717 Your financial situation is unique and the products and services we review may not be right for your circumstances. P.O. The fingerprint sign-in feature is EXTREMELY inconsistent and therefore makes the app either very easy or very time consuming to open. Well they claim Bancorp and Wellsfargo does their banking, the routing number is linked to OCEANFIRST BANK in NJ. OceanFirst Bank started in 1902 with its headquarters in Toms River, New Jersey. (OceanFirst Bank), the banking subsidiary of OceanFirst Financial Corp. (OceanFirst) (NASDAQ: OCFC), today announced the execution of a definitive agreement whereby First Bank will acquire two New Jersey branch locations from OceanFirst Bank. 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. You can get help during its hours, which are Monday through Friday, 7:00 a.m. to 7:00 p.m. Troutman Pepper provided legal counsel to First Bank and Luse Gorman, PC provided legal counsel to OceanFirst Bank. 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. Im calling Ocean First bank tomorrow morning and demanding payment since it went to their bank. Uncover why OceanFirst Bank is the best company for you. OceanFirst Bank delivers commercial and residential financing solutions, wealth management, and deposit services and is one of the largest and oldest community-based financial institutions headquartered in New Jersey. 975 Hooper Avenue 7516 Ms. Jill Apito Hewitt, Transfer Agent Hi Lori, thank you for your feedback. 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. As you plug in your password you should be able to see what you're punching in so as to make sure it is correct before selecting "sign in", a feature that the TRCB app did provide. You may find that you get the best experience from your PayPal account while relying on a bank or credit union as the steady home base for your money. Is it OK if we also use cookies to show you personalized ads? On September 28th TBG (the company turbo tax uses to deposit your taxes after fees are taken) direct deposited my $4318 fenders tax return. Patrick L. Ryan, President and CEO(609) 643-0168, patrick.ryan@firstbanknj.com, OCEANFIRST BANK CONTACT: Collins, Vella & Casello LLC served as Tridents legal counsel. If you have questions about Card Control, visit our FAQ page. It now has 62 branches according to the FDIC, virtually all in New Jersey. Welcome to the redesigned OceanFirst Financial Corp. investor relations website. OceanFirst Bank features a savings rate of 0.03%, which is low as compared against the national average. 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. 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. 975 Hooper Avenue Ben Gran is a freelance writer who covers personal finance and financial services. The transaction is subject to regulatory approval and is expected to be completed during the fourth quarter of 2021. We would like to learn more about your experience with the fingerprint sign-in feature and would appreciate it if you could call us at 888-623-2698. Whether you prefer desktop or smartphone, home office or even your floor, go ahead, call your best friend. We encourage you to review their privacy and security policies which may differ from OceanFirst Financial Corp. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). About this app. First Bank's common stock is listed on the NASDAQ Global Market under the symbol FRBA.. Thanks, Pay, shop, and do even more on the PayPal app. I think the app is not nearly as smooth and efficient as was the app for Two River Community Bank. PayPals first response? OceanFirst clients will have the option of working with a preferred title partner that should provide for faster and more straight-forward loan closings. We've picked the best credit cards in a way designed to be the most helpful to the widest variety of readers. Nick Mazza. Unacceptable and unreliable to have a mobile banking app that doesn't work well. If you dont already have a checking or savings account, you may be considering using PayPal as your everyday banking solution. Enroll in Zelle and start sending and receiving money with friends and family! Oceanfirst Bank contact info: Phone number: (732) 240-4500 Website: www.oceanfirst.com What does Oceanfirst Bank do? It takes absolutely forever to log into the app. Access your account information safely and securely anytime, anywhere with the convenience of Mobile Banking from OceanFirst Bank. eStatements are like hugging a tree without ever stepping foot outside. Box 1342 Company Contact:Michael J. FitzpatrickChief Financial OfficerOceanFirst Financial Corp.732.240.4500, ext. You, as the Payee, can automatically deposit all or a portion of your paycheck, government benefit or payment, or other payments into your PayPal Balance account.Some of the primary benefits of Direct Deposit include: Well use cookies to improve and customize your experience if you continue to browse. OceanFirst Bank provides financial services throughout New Jersey, and in the major metropolitan markets of New York, Philadelphia, Baltimore, Washington D.C., and Boston. To learn more about OceanFirst, go to www.oceanfirst.com. Once registered as a Digital Banking user, log in and select the "Bill Payment" button on the toolbar to get started. (888) 623-2633 Ext. 4 In order to send payment requests or split payment requests to a U.S. mobile number, the mobile number must already be enrolled with Zelle. SmartAsset does not review the ongoing performance of any Adviser, participate in the management of any users account by an Adviser or provide advice regarding specific investments. There are no guarantees that working with an adviser will yield positive returns. The refund has to go to my ***** Play account, then PayPal . The Companys ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Has this happened to anyone else? PayPal refuses to tell me the name of the bank used for my account direct deposit. There are no limits, no fees, and it's free to set up with PayPal. bank operating throughout New Jersey, greater Philadelphia and metropolitan New York. This press release contains certain forward-looking statements, either express or implied, within the meaning of the Private Securities Litigation Reform Act of 1995. 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. P.O. PayPal is a digital payments company available in more than 200 countries. When I type in the routing number that paypal gave me, it shows up as oceanfirst bank. It is expected that the current staff of the branches will become employees of First Bank. It offers the ability to make transactions in 25 currencies. (the Bank), today, announced the Company has signed an agreement to acquire a majority interest in Trident Abstract Title Agency, LLC (Trident) with the right to acquire 100%. 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. Our strong commitment to helping families, organizations, schools and communities throughout the Bank's footprint to meet their financial needs has spanned several generations. 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. Boenning & Scattergood, Inc. acted as financial advisor to First Bank. Labels Receiving Money Login to Me Too 0 Kudos To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. Securities and Exchange Commission as an investment adviser. 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. It acts as an intermediary between your payment method and merchants, keeping your payment information safer. 1999-2023 PayPal, Inc. All rights reserved. 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. Editorial Note: We earn a commission from partner links on Forbes Advisor. 4.2. https://oceanfirst.com/security/privacy-notices-njny/. The bank's standard checking product features a $12.95 monthly fee, which is not too high compared to the average U.S. bank. 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). You can also use PayPal to make online payments or to send and receive money between friends, family and business partners. Are you sure you want to rest your choices? OceanFirst Financial Corp. operates as the holding company for OceanFirst Bank N.A. This bank is horrible. PayPal might not be able to serve as a bank replacement. 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. TPG provided me with a tracing number as proof it was sent to PayPal and the correct again. No, you don't need a bank account to sign up for PayPal or to receive payments. Either download our free mobile app or visit oceanfirst.com via your mobile device's internet browser. You can sign up for additional alert options at any time. 7516 OceanFirst Bank doesn't refund out-of-network ATM charges, meaning you'll be required to locate an OceanFirst Bank ATM or eat the fee. Within the "Manage Accounts" menu, select "eStatements", 3. 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. All most a month and part of this money is stimulus money that we never received so we have already been waiting year for this money. Options Temp20221018B New Community Member Posted on Oct-18-2022 02:03 AM I have money being transferred from my cash app account to my PayPal account. First they made a mistake with my morgatages escrow. RED BANK, N.J., Feb. 03, 2022 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:"OCFC"),(the "Company"), the holding company for OceanFirst Bank N.A. Toms River, NJ 08753-8320 We apologize for any inconvenience and look forward to hearing from you. October 19, 2021 @Nrm1960. We offer banking at your fingertipsor paws. 2 Must have a bank account in the U.S. to use Zelle. If one or more events related to these or other risks or uncertainties materialize, or if underlying assumptions prove to be incorrect, actual results may differ materially from those anticipated. For those who use cash often, OceanFirst Bank is not ideal because it has an out-of-network ATM fee of $2.50, which is not ideal compared to the average U.S. bank. We offer banking at your fingertipsor paws. And more often than not when I log in the app will show me inaccurate balanced in my accounts. No, you dont need a bank account to sign up for PayPal or to receive payments. How long does it take to see money from Direct Deposit in my PayPal Balance account? 18% of OceanFirst Bank employees are Hispanic or Latino. # # # Media Inquiries Marci Maule Housley Mpact Group 425.495.7413 marci@mpact-group.com from WalletHub and across the web. Turk & Co. served as financial advisor to OceanFirst Financial Corp. and Giordano, Halleran & Cielsa PC served as legal counsel. PayPal itself is not a bank, so, if you are leaving money in your PayPal account, that money is not FDIC insured in the same way it would be in a bank account. shareholder@broadridge.com. I Called Wells Fargo after tracing my routing number. Your question is very account specific, and we would be unable to tell you why this has happened over a public forum. The average employee at OceanFirst Bank makes $46,625 per year. I learned this when calling Bancorp. These forward-looking statements are generally identified by use of the words believe, expect, intend, anticipate, estimate, project, will, should, may, view, opportunity, potential, or similar expressions or expressions of confidence. Performance information may have changed since the time of publication. As of today, OceanFirst Bank is the 193rd largest bank in US by branch count. ("OceanFirst Bank"), the banking subsidiary of OceanFirst Financial Corp. ("OceanFirst") (NASDAQ: OCFC), today announced the execution of a . Along with digital payments, PayPal offers other financial services like debit cards, prepaid cards, credit cards and lines of credit. 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. The Bank delivers commercial and residential financing solutions, trust and asset management and deposit services. OceanFirst Bank's online and mobile banking services get great scores from customers. OceanFirst Bank ranks as a large bank and owns $5 billion in assets and $4 billion in deposits. One-Time Checkup with a Financial Advisor. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Direct Deposit is commonly used to transfer an employees salary. 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. 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. Especially if you cant qualify to open a traditional bank account because of a bad ChexSystems score, PayPal may offer an effective way to manage your money. 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. *Mobile Carrier's access charges may apply. Find Branches Near Me. 66% of OceanFirst Bank employees are women, while 34% are men. 2x points per $1 spent 1 in your top two spend categories each month - Automatically. The company offers online banking, current accounts . PayPal also doesnt offer the same range of financial products and experiences as a full-service bank. I would suggest contacting us via Facebook - https://www.facebook.com/PayPal/, Twitter - @AskPayPal., chat or phone and we would be happy to advise. Commissions do not affect our editors' opinions or evaluations. They have no records of it EVEN though the account number and routing numbers were correct (verified 4 times!) OceanFirst Financial Corp. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. The assigned Fed RSSD ID of OceanFirst Bank is 85472. Add and verify your OceanFirst Debit Card on your device's mobile wallet. It is a traditional brick-and-mortar bank with in-person service, in addition to its online and mobile apps. PayPal offers several banking products and financing options: No single credit card is the best option for every family, every purchase or every budget. This free app lets you instantly enroll and provides quick access to the Digital Banking tools you need: - Much more! The average OceanFirst Bank salary ranges from approximately $37,537 per year for a Customer Service Representative to $58,398 per year for a Personal Banker. 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%. Right now my debit and all 4 of my savings accounts are frozen due to this. 20,000 bonus rewards points (equal to $200) rewarded when you spend $500 within the first 90 days of account opening 2. OceanFirst Bank (NJ) Review | Review, Fees, Offerings | SmartAsset.com SmartAsset's experts review New Jersey's OceanFirst Bank. OceanFirst Bank Smart Business Rewards Card See terms & conditions. 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. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. Apple Pay, G Pay, Samsung Pay, Garmin Pay, FitBit Pay -- Welike to call themcontactless pay. Use it tohelpwhip your financesinto shape. OceanFirst Bank was established on Jan. 1, 1902. Does Paypal use oceanfirst bank? Another reply? More than 300 million people and businesses worldwide use PayPal to send money, receive money and shop online. If you want FDIC insurance for your PayPal balance, your best option is to request (and receive) a PayPal Cash Card. . OceanFirst Bank Business Profile OceanFirst Bank Bank Contact Information 975 Hooper Ave Toms River, NJ 08753 Visit Website (888) 623-2633 Customer Complaints 7 complaints closed in last 3. 7506, mfitzpatrick@oceanfirst.com, OceanFirst Financial Corp. Broadridge Corporate Issuer Solutions, Inc. Copyright 2022 . 5 Zelle is not accessible during the first 17 days after Digital Banking access is granted. 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. OceanFirst Bank is a regional bank operating throughout New Jersey, greater Philadelphia and metropolitan New York. So, go ahead. The company that sent it never got it and now paypal says there is nothing they can do. Accounts and services designed to deliver more time for play. Ben is based in Des Moines, Iowa. 2023 Forbes Media LLC. That, and keeping your desk clutter free. 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. SmartAssets services are limited to referring users to third party advisers registered or chartered as fiduciaries ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our matching platform based on information gathered from users through our online questionnaire. Well they claim Bancorp and Wellsfargo does their banking, the routing number is linked to OCEANFIRST BANK in NJ. I have TWO little babies, YOU are withholding my money. Information provided on Forbes Advisor is for educational purposes only. About OceanFirst Bank. Please bring it back, it makes the app so much easier and fluid. The Forbes Advisor editorial team is independent and objective. Deposits in OceanFirst Bank are insured by FDIC. OceanFirst Bank currently operates with 40 branches located in 3 states. Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. Data privacy and security practices may vary based on your use, region, and age. With a score of 4.2 stars out of 5, OceanFirst Bank should be solidly in contention for your choice of bank. OceanFirst will host a conference call to discuss the proposed transaction on Thursday, November 4, 2021 at 11:00 a.m. Eastern Time. When your eStatement is made available each cycle, you will log into Digital Banking to view it. Personal AccountsBusiness AccountsLendingYour Security. I have money being transferred from my cash app account to my PayPal account. My income tax check was deposited on May 18th for 7,832 and then refunded back on the 19th. Its Texas Ratio is 4.85%, denoting a negligible likelihood of failure. Did you ever find anything out??? And they still don't believe me and they definitely don't want to help me get my money back. The company was founded in 1902 and is headquartered in Toms River, New Jersey., and .