Re: Agreement and Plan of Merger dated as of July 24, 2019Investors Bancorp, Inc. • November 4th, 2019 • State commercial banks
This opinion is being delivered to you in connection with the proposed merger (the “Merger”) of Gold Coast Bancorp, Inc., a New York corporation (“GLDT”), with and into Investors Bancorp, Inc., a Delaware corporation (“ISBC”), pursuant to the Agreement and Plan of Merger dated as of July 24, 2019, by and between GLDT and ISBC (the “Merger Agreement”), and as more fully described in the Form S-4 Registration Statement (File No. 333-234274) initially filed with the Securities and Exchange Commission on October 21, 2019, including the Proxy Statement/Prospectus of ISBC and GLDT (the “Initial Registration Statement”) and the Pre-Effective Amendment No. 1 to the Initial Registration Statement (“Amendment No. 1” and, collectively with the Initial Registration Statement, the “Registration Statement”) to be filed with the Securities and Exchange Commission on the date hereof, relating to the transactions contemplated by the Merger Agreement. Unless otherwise indicated, all terms used but not d
Re: Agreement and Plan of Merger dated as of July 24, 2019Investors Bancorp, Inc. • November 4th, 2019 • State commercial banks
McCarter & English, LLP Four Gateway Center 100 Mulberry Street Newark, NJ 07102-4056 T. 973.622.4444 F. 973.624.7070 www.mccarter.com BOSTON HARTFORD STAMFORD NEW YORK NEWARK EAST BRUNSWICK PHILADELPHIA WILMINGTON WASHINGTON, DC Ladies and Gentlemen: We have acted as counsel to Investors Bancorp, Inc., a Delaware corporation (“Investors Bancorp”), in connection with the proposed merger (the “Merger”) of Gold Coast Bancorp, Inc., a New York corporation (“Gold Coast Bancorp”), with and into Investors Bancorp, with Investors Bancorp as the surviving entity, as contemplated by the Agreement and Plan of Merger dated as of July 24, 2019, by and between Investors Bancorp and Gold Coast Bancorp (the “Merger Agreement”). This opinion is being delivered in connection with the Registration Statement on Form S-4 (File No. 333-234274) initially filed with the Securities and Exchange Commission on October 21, 2019, including the proxy statement/prospectus forming a part thereof (the “Initial Regist
