Item 1.01 Entry into a Material Definitive Agreement
On May 21, 2009, Investors Savings Bank (the "Bank"), the wholly owned subsidiary of Investors Bancorp, Inc. (the "Company"), entered into a Purchase and Assumption Agreement with Banco Popular North America to acquire approximately $250 million of deposits and six (6) New Jersey branch offices for a deposit premium of 1.0%. The Bank is not acquiring loans as part of the transaction. The transaction is subject to regulatory approval and is expected to close during the quarter ending September 2009.
The foregoing description of the Purchase and Assumption Agreement does not purport to be complete and is qualified in its entirety by reference to the Purchase and Assumption Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K, and is incorporated into this report by reference. A press release announcing these transactions is attached as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(a) Not Applicable.

(b) Not Applicable.

(c) Not Applicable.

(d) Exhibits

Exhibit 10.1 Purchase and Assumption Agreement dated as of May 21, 2009 by and among Banco Popular North America and Investors Savings Bank Exhibit 99.1 Press Release dated May 21, 2009

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