Roma Bank will lay of 57 of its employees as part of the Robbinsville-based institution’s merger with Investors Bank announced last year.

Roma CEO and President Peter Inverso said the layoffs came from duplicative administrative employees within the bank. Forty of the employees had not interviewed for positions at Investors, he said. The layoffs are effective May 31, according to a March 28 letter from Investors Bank.

“Investors went out of their way to keep as many employees as they possibly could,” he said.

Inverso said the layoffs will not affect the front-end operations, such as loan officers, and comprises only a fraction of the bank’s 330 employees. He said the employees were all offered severance packages as part of their termination.

The letter itself said “the mass layoff will be conducted because of the anticipated merger between Investors Bank and Roma Bank and both the resulting redundancy of jobs remaining after the merger as well as the termination of certain operations,”

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