Sun Bancorp, Inc. /Nj

sun bancorp, inc. is a bank holding company. the company's principal subsidiary is sun national bank (the bank). through the bank, it provides an array of community banking services to consumers, small businesses and mid-size companies. the lending services to businesses include term loans, lines of credit and commercial mortgages. the commercial deposit services include business checking and money market accounts, and cash management solutions, such as online banking, electronic bill payment, lockbox services, remote deposit and controlled disbursement services. its lending services to consumers consist primarily of lines of credit of overdraft sweeps. its consumer deposit services include checking accounts, savings accounts, certificates of deposit and individual retirement accounts. in addition, the company, through its subsidiary, prosperis financial solutions, llc., offers client access to mutual funds, securities brokerage, annuities and investment advisory services.