Little Things Make a Big Difference at RSI Bank
Dave Robson’s family has lived in Rahway for generations. His mother’s ancestors include Rahway’s first volunteer fire chief. His grandmother graduated Rahway High School in 1958. Fifty years later to the day, Robson himself graduated the same school. He laughs as he tells of his great-grandmother, who was a customer of RSI Bank for so long that her account number would often get strange looks from the tellers, because it was only three digits long.
Robson began working as a Teller at RSI Bank’s Main Branch in 2008. By 2011, he was Branch Supervisor at the Pier Village Branch. In September of last year, he became the Business Development Officer for the Linden area.
With such strong ties to Rahway and the surrounding area, Robson understands the importance of community, which differentiates RSI Bank from larger banks.
The Provident Bank Foundation Awards $50K Signature Grant to Cedar Crest College of Lehigh County
The Provident Bank Foundation (PBF) has announced Cedar Crest College in Allentown, Pa., as the recipient of the Foundation’s $50,000 Signature Grant for 2017 in the Education funding priority area. Cedar Crest College was selected to receive this Signature Grant for its work in the Higher Education focus area. Funding will support the launch of its Student Employment Center (SEC)’s “Preparing for That First Job” program and will help 100 students during the fall 2017 to learn basic workplace skills such as on-time arrival, appropriate dress, work efficiencies, communications skills, professionalism, and how to work well with supervisors.
Part of the College’s Career Planning Center, the SEC is an innovative and strategic initiative designed to place college students in on-campus employment that aligns with their academic and career goals. The SEC delivers a transformational student experience, offering students the opportunity to gain practical knowledge in their desired field while earning an income. The experience opens the door for students to be promoted to positions of greater responsibility within their office of employment throughout their four years and provides students with meaningful, developmental work experiences that will prepare them to contribute to the community and the economy post-graduation.
The Foundation will present the check during a presentation on Wednesday, September 13, 2017, 11 a.m. in Blaney Hall, located on the Cedar Crest College campus at 100 College Drive, Allentown, Pennsylvania.
The Provident Bank Foundation Announces Second Cycle 2017 Major Grant Recipients
The Provident Bank Foundation (PBF) announced the recipients of its Second Cycle 2017 Major Grants, totaling $52,500 for projects and programs across New Jersey.
A Major Grant funds projects and/or programs that address one or more of PBF’s funding priority areas – Community Enrichment, Education and Health, Youth and Families. Major Grants provide between $5,000 and $25,000 in funding, and support organizations that have identified an immediate need in the community and the individuals they serve.
The recipients of PBF’s Second Cycle 2017 Major Grants are as follows:
Children’s Literacy Initiative (CLI), Hudson County – $15,000 in funding will support CLI’s 2017-2018 Reading Workshop Instruction Project in Kearny, New Jersey School District, which will improve early literacy instruction and student reading achievement in the early grades. The Reading Workshop will teach strategy to 38 Kearny first and second grade teachers, and provide CLI's one-on-one coaching to two of those teachers to strengthen their instruction so they can then serve as "models" for teacher peers.
Team Walker, Hudson County – $7,500 in funding will support the continuation of the Team Walker After School Program. This program, offered to inner-city children in Jersey City, provides homework guidance as well as after-school work that introduces new concepts, mainly focusing on science and math subjects.
Princeton Healthcare System Foundation Inc., Mercer County – $10,000 in funding will support Princeton HealthCare System's Bristol-Myers Squibb Community Health Center (BMS CHC)’s Diabetes Program. BMS CHC is a key health care provider that offers equal access to quality health care for uninsured and underinsured New Jersey residents, mainly in Mercer and Middlesex counties. The Diabetes Care program helps patients gain and maintain control over their diabetes and to enhance patient self-management and compliance by reducing barriers to care, providing education, and providing comprehensive care management.
Lunch Break, Monmouth County – $10,000 in funding will support “Client Choice Pantry,” one of the most effective and innovative ways of ensuring dignity, reducing waste, and eliminating humiliation for thousands of families who struggle to put food on the table. “Client Choice Pantry” offers a selection of available goods for clients to "shop" for once a month. Clients are permitted to purchase what they want and need based on family size, health and nutritional needs.
Northern Ocean Habitat for Humanity – $10,000 in funding will support Northern Ocean Habitat for Humanity’s A Brush with Kindness Repair Program in northern Ocean County, a home preservation repair program focusing on interior/exterior repairs for low-income homeowners, seniors, disabled and veterans. This repair program includes preservation, weatherization and critical home repairs, and helps individuals reclaim their dignity and enable a homeowner to live in a healthy, safe home.
Atlantic Stewardship Bank Donates Over $508 Thousand to Support Our Community
Atlantic Stewardship Bank (ASB) made the announcement that, over the past twelve months, it has donated over $508,000 in charitable contributions to more than 250 recipients. Through the Bank’s unique Tithing Program, ASB is privileged to be the only U.S. bank that tithes or gives back 10% of its taxable income with nonprofit, educational, charitable, and/or evangelical religious recipients each year.
In accordance with its Tithing Program, each year recipients are selected by the Bank’s Board of Directors and ASB makes numerous donations; sending or hand delivering checks to Christian missions, schools and healthcare facilities as well as local nonprofit organizations such as food pantries, libraries, police and fire departments and other deserving recipients local to the Bank’s 12 branch offices. To date, the Bank’s total tithe and other donations exceed $9.3 million.
As Atlantic Stewardship Bank’s customer base grows, so does the bank’s ability to help others by way of increased donations. A strong community bank, Atlantic Stewardship Bank attracts hundreds of new accounts annually with its outstanding customer service, convenient locations and diverse range of financial solutions.
Amboy Bank helps seniors limit increases, save and pay for property taxes
As part an ongoing commitment to assisting their communities, Amboy Bank has implemented a program informing seniors of the New Jersey Senior Property Tax Freeze. The NJ Property Tax Freeze reimburses senior citizens for property tax increases. Amboy Bank has taken the initiative to contact and educate senior clients about the program and to let them know that the filing deadline has been extended to October 18, 2017.
Amboy Bank’s Free Save and Pay Property Tax Service helps reduce the stress of budgeting, saving for and paying property taxes by doing the work for those enrolled. Once the Tax Payment Account is opened, the budgeted amount will be automatically transferred from a linked checking, savings or money market account every month, and Amboy will send the tax payment before the due date each quarter.
Roselle Savings Bank’s
Donation to Safe+Sound Somerset Aimed at Ending Domestic Abuse Once And For All
Accepting a much-appreciated donation from Roselle Savings Bank are (l-r) Safe+Sound Somerset Development Director Veronica Finlay (left) and Detlef Felschow, Roselle Savings Bank President and CEO. Safe+Sound Somerset plans to apply the donated funds to its mission of empowering survivors of domestic abuse and engaging the community to break the cycle of violence.
Roselle Savings Bank has made a donation to Safe+Sound Somerset, the only non-profit organization in Somerset County dedicated exclusively to serving those whose lives have been impacted by domestic abuse. Founded in 1978, Safe+Sound Somerset aims to empower survivors of domestic abuse and engage the community to break the cycle of violence.
Berkshire Bank Foundation Awards over $1 Million in Grants Supporting Community & Economic Development Efforts
Berkshire Bank Foundation announced that it has awarded $1,035,229 in grants and pledges to 340 nonprofit organizations across its footprint from January 1, 2017 through June 30, 2017.
Since implementing a new strategy at the beginning of the year, the Foundation has focused the majority of its funding on nonprofit organizations that work to achieve specific outcomes within the areas of education, community and economic development, and basic needs.
To date this year, nearly 60,000 children and adults have improved their reading skills, gained a better understanding of their finances, and/or enhanced their job/career readiness through programs that received education funding from the Foundation. Capital Workforce Partners was among the nonprofits to receive support for its Hartford Youth Collaborative “Opportunity Works” Project, which offers career pathways, services, and guidance to at-risk youth in Hartford, CT. The Foundation also helped to put domestic violence survivors on the path toward economic security by funding the Elizabeth Freeman Center’s innovative “Money School,” which gives vulnerable women throughout Berkshire County the tools they need to take charge of their financial future and overcome obstacles such as damaged credit, inconsistent employment histories, legal issues, and the costs of recovering from trauma.
Provident Bank Partners with Sky Blue FC Professional Soccer Team
Provident Bank, the official banking partner of the Sky Blue FC women’s professional soccer team, recently partnered with the team to host a youth soccer clinic for members of the Jersey City Soccer Association and Bayonne Youth Soccer Association U15 girls. The clinic was held at the Caven Point Sports Complex in Jersey City, NJ.
Pictured: Sky Blue FC players with members of the Jersey City Soccer Association.
Atlantic Stewardship Bank Donates Over $508 Thousand to Support Our Community
Atlantic Stewardship Bank made the announcement that, over the past twelve months, it has donated over $508,000 in charitable contributions to more than 250 recipients. Through the Bank’s unique Tithing Program, ASB is privileged to be the only U.S. bank that tithes or gives back 10% of its taxable income with nonprofit, educational, charitable, and/or evangelical religious recipients each year.
In accordance with its Tithing Program, each year recipients are selected by the Bank’s Board of Directors and ASB makes numerous donations; sending or hand delivering checks to Christian missions, schools and healthcare facilities as well as local nonprofit organizations such as food pantries, libraries, police and fire departments and other deserving recipients local to the Bank’s 12 branch offices. To date, the Bank’s total tithe and other donations exceed $9.3 million.
Provident Bank Hosts U.S. Representative Leonard Lance for “Take Your Lawmaker to Work” Program
Provident Bank hosted New Jersey's 7th Congressional District U.S. Representative Leonard Lance at its Clark, New Jersey branch for the American Bankers Association’s “Take Your Lawmaker to Work” program – an initiative that encourages bankers to host their elected policymakers at a local branch. Provident’s Chairman, President and CEO Christopher Martin and members of the bank’s management team offered first-hand insights on how the bank operates, how regulations affect its customers, and the role the bank plays in serving the needs of the community.
Pictured (L-R) Barbara Carrollo–Loeffler, Senior Vice President, Director of Residential/Consumer Lending; Joseph Spatola, Senior Vice President, Chief Compliance Officer; Robert Vivo, Senior Vice President, Regional Manager; Christopher Martin, Chairman, President and CEO; U.S. Representative Leonard Lance; Nathan Horn-Mitchem, First Vice President, Information Security Director; Paula Palermo, First Vice President, Market Manager.
Community Access Unlimited Will Apply Donation From Roselle Savings Bank to Added Support for Those in Need
Roselle Savings Bank, headquartered in Roselle, New Jersey, has selected Elizabeth, NJ-based Community Access Unlimited (CAU) for a donation to help further its mission of providing community access through a broad array of person-centered support services for adults and adolescents with intellectual and developmental disabilities. The charitable organization, founded in 1979 by Executive Director Sidney Blanchard, also provides support to at-risk youth and people with affordable housing needs by giving them the opportunity to live independently, and to lead normal and productive lives as citizens integrated into the community
Gratefully accepting a donation from Roselle Savings Bank are (l-r) Community Access Unlimited (CAU) founder and Executive Director Sidney Blanchard; Detlef Felschow, Roselle Savings Bank President and CEO; and Joanne Oppeit, CAU Assistant Executive Director and Director of Business Development. CAU plans to apply the donated funds to its mission of providing community access through a broad array of person-centered support services.
Unity Bank’s 11th Annual Classic Car Show Raises More Than $7,000 for Family Promise
Unity Bank raised more than $7,000 in donations for Family Promise of Hunterdon County and Family Promise of Warren County, through their 11th Annual Cruisin’ Bob's Classic Car Show, which drew a record 136 automobiles. The funds were raised through sponsorships, food sales and registration fees to compete in the classic car competition with Unity Bank underwriting expenses.
Family Promise of Hunterdon County and Family Promise of Warren County provide services to both help overcome and prevent homelessness through the Interfaith Hospitality Network (IHN) – a network of congregations and volunteers who provide overnight/weekend shelter, home-cooked meals, and companionship to families who enter the program. Comprehensive case management, licensed counseling services and a donation program are also available.
The car show was a true community effort thanks to local business sponsorships, which helped make the show a success. The emcee for the event was Doctor D. Entertainment and Lulu Laughalot Entertainment provided face painting and balloon art.
Sponsors of the event included: Harbortouch, Fiddler's Elbow Country Club, Muller Toyota, Gus & Bucky's Car Washes, KBS Car Care, Stowaway Self Storage, The Farmhouse, Dallas Group, Van Doren Oil Co., Vooster, St. Luke's Care Now, MSI Plumbing & Remodeling, Red Mill Museum Village, Flemington Car & Truck, Family of Bob Rittelman, Eleanor Connell School of Dance, Bridgewater Collision Repair, Nazareth Diner/Key City Diner, PetOwnersHelper.com, The Wine Hut, OK4WD, Robert T. Fiorelli, Old Mountain Studio, and Norton's Cork and Bottle.
Unity Bank recently raised more than $7,000 in donations for Family Promise of Hunterdon County and Family Promise of Warren County, through their 11th Annual Cruisin’ Bob's Classic Car Show. Unity Bank Chief Marketing Officer Rosemary Fellner (left) presents a check to Colleen Duerr, Development Director of Family Promise of Hunterdon County.
Unity Bank recently raised more than $7,000 in donations for Family Promise of Hunterdon County and Family Promise of Warren County, through their 11th Annual Cruisin’ Bob's Classic Car Show. Unity Bank Marketing Officer Crystal Rose (left) presents a check to Bob Frankenfield, Executive Director of Family Promise Warren County.
AICPA Honors Gregory D. Sawicki, CFP®, PFS, Managing Director at Wealth Management Consultants, a Division of Peapack-Gladstone Bank with Standing Ovation Honor
Peapack-Gladstone Bank announced that Gregory D. Sawicki, CFP®, PFS, Managing Director at Wealth Management Consultants, a Division of Peapack-Gladstone Bank, has been recognized with Standing Ovation Honors by the American Institute of Certified Public Accountants (AICPA) for his outstanding contributions to personal finance. Sawicki was recognized at the second Annual Standing Ovation ceremony held on June 13, 2017 in Las Vegas which honored 16 CPAs under the age of 40 for their valuable contributions to the profession, having met all program requirements which included being an AICPA member in good standing, holding the Personal Finance Specialist (PFS) credential, and maintaining an active CPA license. Each of these young AICPA members has excelled in providing the best client experience in the financial services arena. Contributions made by Standing Ovation honorees have made a significant difference in the industry and in their communities.
NVE Bank Grants $1,000 Scholarships to 10 Bergen County Students
NVE Bank awarded ten area high school seniors with $1,000 scholarships at a reception hosted by the bank at its Englewood headquarters on June 20th. The scholarships are part of a program that has been offered by the Bank for the past ten years, and also extends to area middle schools, where seven graduating 8th grade students were selected to receive a $500 Savings Product Scholarship. Since the inception of the program, NVE Bank has awarded over $150,000 to deserving students in Bergen County.
NVE Bank Receives Jewish Standard Readers’ Choice Award
NVE Bank has once again been awarded First Place in the Community Bank category of the Jewish Standard publications annual Readers’ Choice Award. “As one of New Jersey’s strongest Mutual Banks, we are honored and proud to be voted favorite community bank among Jewish Standard readers in Bergen, Hudson and Passaic Counties,” noted Robert Rey, President and CEO of NVE Bank. “This is a particularly valuable vote of confidence and trust from our loyal customers as 2017 marks our 130th Anniversary serving the communities of northern New Jersey”.
NVE was given “thumbs up” as the best in its category of community banks, by close to 1,000 voters that responded to the weekly publication’s annual survey. The complete survey is included as an insert in the July 24th edition of the Jewish Standard.
Riker Danzig Welcomed Christina Norman as Guest Speaker at 2017 Women in Leadership Event
Riker Danzig Scherer Hyland & Perretti LLP hosted a Women in Leadership reception at the Morris County Golf Club on June 28, 2017 entitled “Thoughts on a Reclaimed Life." The guest speaker was Christina Norman, who spoke about lessons learned along her career path, and despite some twists in the road, reconnecting with the places of passion in her life. Norman is the CEO of Media Storm, the second largest independent media agency in the U.S. Norman's impressive resume includes CEO of the Oprah Winfrey Network, President of MTV and VH1, as well as consulting for notable media brands such as The Huffington Post and TV One. She has been recognized with a variety of industry honors including The Hollywood Reporter "Power 100 Women in Entertainment."
Above, Ms. Norman (front row, center), is joined by several Riker Danzig professionals (from left to right): Front Row – Mary Kay Roberts, Anne Mohan, Teresa Moore, Stephanie Wolfe, Maha Kabbash, Brenda Liss and Alison Feldman-Walsh; Middle Row – Alexa Richman-La Londe, Tracey Wishert, Tara Schellhorn and Richelle Delavan; Back Row – Laurie Sands, Maria Dantas, Tracy Landauer, Bethany Abele, Robert Schoenberg and Samuel Moulthrop.
Unity Bank Donates $1,400 to Making-It-Home Program for Bergen County Veterans
Unity Bank recently donated $1,400 to the Making-It-Home program of the Bergen Volunteer Center to help furnish 14 new apartments for U.S. military Veterans. Making-It-Home works with businesses, individuals, government, and nonprofit agencies in Bergen County to bring home furnishings to formerly homeless, disabled, and low-income families in need.
Cynthia Massarsky, Director of Making-It-Home, is pictured (left) receiving the donation from Frank Di Dolci, Relationship Manager for Unity Bank’s Emerson branch.
Peapack-Gladstone Bank Provides North Plainfield Students with Financial Literacy Skills Through NJBankers Endorsed Service Provider EverFi Web-Based Program
North Plainfield High School Students Received Certification for Completion of a Peapack-Gladstone Bank Sponsored Financial Literacy Program
Peapack-Gladstone Bank has certified 188 North Plainfield High School students in financial literacy during the 2016-2017 school year through the school’s New Jersey Financial Scholars Program. This program is an initiative to bring critical financial literacy education to high school students across their community.
For the fifth year, the Bank partnered with NJBankers Endorsed Service Provider EverFi, Inc., the nation’s leading education technology company, to bring this interactive, web-based financial management program to North Plainfield High School students, as well as two additional local high schools, at no cost to the school or taxpayers. The EverFi technology uses the latest in media technologies – video, animations, 3-D gaming, avatars and social networking to bring complex financial concepts to life for today’s digital generation. Certification requires that students successfully complete on-line modules, allowing them to master critical topics such as Saving, Credit Scores, Financing Higher Education, Investing and more.
Seven NJ Ad Club “Jersey Awards” presented to Kearny Bank
Seven prestigious “Jersey Awards” were recently presented to Kearny Bank at the New Jersey Advertising Club’s 49th annual recognition event, held in Cedar Grove.
The Jersey Awards celebrate creative excellence in advertising across the state of New Jersey. Specifically, Fairfield, NJ-based Kearny Bank won the following awards:
1st place, two-page home loan ad, magazine
1st place, resident lending, vehicle wrap – bus
2nd place, residential lending, newspaper ad
2nd place, home financing, transit king panel – bus
2nd place, high yield checking, digital media campaign
3rd place, radio campaign, “Secrets to Banking Happiness”
3rd place, customer appreciation, Mardi Gras-themed poster
Award recipients were determined by a panel of judges that included the Westchester (NY) Advertising Club, plus other professionals from that area. The panel met in March to review more than 500 entries. In total, 278 awards were presented at the NJ Ad Club event, for which Kearny Bank was a sponsor.
Pictured (from left) are Eric L. Kesselman, Kearny Bank’s 1st Vice President/Director of Marketing; Allison Pagan, Marketing Assistant for Kearny Bank; and Janet DeSiano, Kearny Bank’s Vice President/Marketing Manager.
Berkshire Bank Awards $20,000 in Capacity Building Grants
Berkshire Bank Foundation, Inc. is excited to announce that it selected four nonprofit organizations to each receive a $5,000 grant as part of its Xtraordinary Day Grants. Through the program, Berkshire invited proposals from nonprofit organizations in its footprint seeking to build their capacity, performance and impact. More than 160 organizations submitted applications.
Capacity building, defined as initiatives that bring a nonprofit to the next level of operational, programmatic, financial, or organizational maturity, is not just about the capacity of a nonprofit today but about the organization’s ability to deliver on its mission into the future. Examples of projects submitted include the development of a communications strategy, improving program design, volunteer recruitment, corporate partnerships, technology enhancements, and more.
The organizations and projects selected for awards included:
• Rebuilding Together Boston (Jamaica Plain, MA): Data collection and evaluation project to improve operations and outcomes
• Catholic Charitable Bureau of the Archdiocese of Boston, Inc. (Boston, MA): Teen career center technology upgrades
• Berkshire Horseworks (Great Barrington, MA): Mobile trailer purchase
• Better Neighborhoods, Inc. (Schenectady, NY): Policy and process development for home repair and accessibility modification programs
“We’re pleased to support these deserving nonprofits with grants to take their operations and programs to the next level.” stated Lori Gazzillo, Vice President and Director of Berkshire Bank’s Foundation. “The overwhelming response we had to this grant opportunity speaks to the quality of those selected but also to the need for more funding dedicated to capacity building initiatives.”
A group of Berkshire Bank employee volunteers selected the winners by evaluating each submission using an electronic scoring system. Each submission was reviewed a minimum of three times with the average of the scores being tallied as the final score. The top four organizations with the highest scores received funding. The grant review was offered to employees as a virtual volunteer opportunity on Berkshire’s Xtraordinary Day of Service that took place on June 7, 2017, during which 92% of the Company’s employees across the country participated, donating over 6,000 hours of service. The 65 volunteer projects that day benefited 75 nonprofit organizations and impacted more than 435,000 individuals.
Magyar Bank Celebrates New Edison Branch by Throwing a Party for the Community
Cloudy skies and periods of rain couldn’t dampen the enthusiasm during the grand opening celebration of Magyar Bank’s newest branch at the Tano Mall in Edison, 1199 Amboy Avenue. This marks the long-standing financial institution’s second branch in Edison. As many other banks have been consolidating, Magyar Bank’s expansion acknowledges the vibrancy and potential growth opportunities in the area.
More than fifty guests took part in the festivities and were treated to bank giveaways, hot dogs, ice cream, hot and cold drinks and other goodies. Some lucky guests won the opportunity to grab as much money as they could in thirty seconds inside the Magyar Bank Money Machine. Also attending were many local dignitaries who were there to welcome their new neighbor and participate in the ceremonial ribbon cutting.
Amboy Bank Presents $1,000 Checks to Science Fair Winners
Amboy Bank’s Vice President and Marketing Manager, Sylvia Rapoport, presents three $1,000 checks to the winners of the first annual iPlay America Science Fair. The science fair, presented by Amboy Bank, was held on Sunday, June 11th in Freehold, NJ. Out of over 50 students, three first place prize winners each received a $1,000 check presented by Amboy Bank, a trophy and a $500 iPlay America gift card.
The Provident Bank Foundation Announces New Signature Grant Opportunity in Health, Youth, & Families Funding Priority Area
The Provident Bank Foundation announced new Signature Grant opportunities in its Health, Youth & Families funding area for 2017. The Foundation is making two (2) $50,000 grants available in this category in an effort to strengthen its ongoing commitment to enhancing the quality of life in the New Jersey and Pennsylvania communities served by Provident Bank.
Details and goals of each are as follows:
Out-Patient Medical Care: The goal of this grant is to provide funding to a non-profit organization whose mission is to improve access to quality and specialized health care to the communities served within Provident Bank’s marketplace.
Human Services – Shelter & Residential Care: The goal of this grant is to support a non-profit organization that serves those experiencing a crisis situation at their immediate point of need. This organization provides assistance to individuals and/or families to navigate the crisis and overcome the challenges in accessing housing and basic needs.
In addition to the new Signature Grant opportunities, PBF’s Board has approved the continuation of Major Grants and Community Grants in 2017. Community Grants range from $1,000 up to and including $5,000, and are primarily used for increasing access to funding and strengthening the capacity of community-based organizations.
Atlantic Stewardship Bank Donates Over $508 Thousand to Support Our Community
Atlantic Stewardship Bank (ASB) made the announcement that, over the past twelve months, it has donated over $508,000 in charitable contributions to more than 250 recipients. Through the Bank’s unique Tithing Program, ASB is privileged to be the only U.S. bank that tithes or gives back 10% of its taxable income with not-for-profit, educational, charitable, and/or evangelical religious recipients each year.
Valley National Bank Supports Habitat for Humanity’s 2017 Corporate Challenge
Valley National Bank team members volunteered to help build homes in Paterson, New Jersey as part of Paterson Habitat for Humanity’s Corporate Challenge. Valley associates volunteered to spend a Saturday morning grouting, spackling, framing, flooring, painting and organizing supplies in two homes in Paterson’s 1st Ward. Corporate Challenge is a three-week event where corporations in the tri-state area volunteer their employees to Paterson Habitat for Humanity construction sites. For the past 23 years, teams of employees work a half day shift and have lunch (provided by Habitat) where volunteers, families and staff often share their stories and experiences. In 2016, 35 companies offered more than 900 of their employees and accepted the challenge raising over $250,000. One hundred percent of funds raised by this event go toward building Paterson Habitat homes. As the first company to commit to participation in the Corporate Challenge, Valley’s extensive partnership with the Paterson Habitat for Humanity spans 23 years. During that time, Valley volunteers have helped build over 60 homes for Paterson residents.
Berkshire Bank’s Employees Donate over 6,000 Hours of Community Service on the Company Dime
Berkshire Bank, America's Most Exciting Bank®, completed its Xtraordinary Day on Wednesday, June 7, 2017. This event was the second year that the Company participated in community service events concurrently from 1pm - 4pm, closing the entire financial institution including Firestone Financial, 44 Business Capital, Berkshire Insurance Group and RNL Associates as a united effort for community involvement.
During Xtraordinary Day, 92% of the Company, which equates to 1,619 employees, completed 65 projects. From packaging meals to combating hunger to cleaning local parks and delivering financial literacy lessons, over 6,000 hours of service were contributed, with a value of nearly $169,000. The projects helped 75 different nonprofit organizations across the Company's footprint.
The Company recognizes that being a good corporate citizen is about more than just writing a check. As a result, employees received paid time off to volunteer all on the Company dime. The objective of Xtraordinary Day is to show the true power of giving back, by immersing employees in projects that have a meaningful and lasting impact on the communities it serves. It's an affirmation that America's Most Exciting Bank is not a sentiment only to be spoken, but the culture of the company throughout all its regions. Xtraordinary Day is a demonstration of the capacity of the XTEAM, the Company's Employee Volunteer Program.
Representatives from Provident Bank and EverFi recently awarded 800 students at Bayonne High School in Bayonne
Representatives from Provident Bank and EverFi recently awarded 800 students at Bayonne High School in Bayonne, N.J., with certificates of completion for Provident’s Becoming Financially Fit (BFF) financial literacy program. Since its inception, nearly 8,800 students in New Jersey and Pennsylvania have participated in the program, which teaches students about building and maintaining good credit, investing, and higher education financing. The program is in partnership with the financial education firm EverFi.
Pictured left to right: Symphony Rivera; John Murray, teacher; Mariah Morales; Tim Wiktorek; Tyasia Harris; Daniel Suh; Jasmine Palacio; Jason DePena.
Regal Bank Participates In Latino Junior Achievement Day
Three representatives from Regal Bank volunteered at Junior Achievement of New Jersey’s Latino Day on May 25, 2017 at First Avenue School in Newark. In addition to volunteers from other organizations, the Regal Bank volunteers worked to inspire and prepare 675 K-4 elementary students to dream big and reach their full potential. Emphasis was placed on financial literacy, work readiness, and entrepreneurship.
Luke de Araujo, vice president of compliance, Vanessa Nesheiwat, operations manager, and Zoraida Duran, compliance specialist, volunteered their time and energy on behalf of Regal Bank in support of the community. de Araujo also helped to coordinate the event.
There was extensive positive feedback from students, teachers and volunteers.
Roselle Savings Bank Awards Recipient
Abraham Clark High School and Roselle Savings Bank have selected graduating senior Darla Fequiere of Roselle as the recipient of the 2017 Roselle Savings Bank Outstanding Business & Finance Student Award. Detlef Felschow, Roselle Savings Bank President and CEO, presented Darla with her award at the 2017 Abraham Clark High School Scholarship Night on Thursday, June 1st. Candidates for the award are evaluated on a variety of criteria, including academic achievement, exemplary participation in extracurricular activities and a high level of personal integrity and commitment.
As a student at Abraham Clark High School, Darla excelled in her studies, leading to an induction into the National Honor Society and a #10 ranking in her class. She earned an A grade in Finance, and maintained an A+ in all of her business classes. She is also an Executive Member of the Nike Career Group. Looking forward to higher education, Darla has been accepted by Rutgers University and plans to pursue a major in Finance, with the ultimate goal of earning her CPA designation.
Pictured at the Abraham Clark High School Scholarship awards presentation on Thursday, June 1, 2017 are Roselle Savings Bank President and CEO, Detlef Felschow and Business & Finance Scholarship winner Darla Fequiere. Darla will begin her college studies in Finance at Rutgers University in the fall.
Ridge High School Senior Skyler McCabe Wins Roselle Savings Bank Outstanding Business Student Award
Ridge High School and Roselle Savings Bank have selected graduating senior Skyler McCabe, daughter of Dennis and Tania McCabe of Basking Ridge, as the recipient of the 2017 Roselle Savings Bank Outstanding Business Student Award. Maureen Wolfenden, Roselle Savings Bank’s Assistant Vice President and Bernardsville Branch Manager, presented Skyler with her award at the 2017 Ridge High School Awards Night on Tuesday, May 30th. Candidates for the annual award are evaluated on a variety of criteria, including academic achievement, exemplary participation in extracurricular business activities and work experience.
At Ridge High School, Skyler excelled in her studies, resulting in a cumulative GPA of 4.06 and an induction into the National Honor Society. However, her success wasn’t limited to the classroom. During her high school career, Skyler founded and participated in the USA Pride Club, and was active in the Ridge Empowerment for Political Participation (REPP) and the Fill-A-Need Foundation. In her senior year, she was the chief editor of the school yearbook, and prior to that placed first in the “Battle of the Brands” marketing competition. Along the way, she also donated her time to multiple church activities, and established The Happy Cake Box, an organization that creates and donates 3-tier faux birthday cakes to children who are hospitalized on their birthday.
Congratulating Skyler McCabe, Ridge High School graduating senior (center), as the recipient of the 2017 Roselle Savings Bank Outstanding Business Student Award are Maureen Wolfenden, Roselle Savings Bank Assistant Vice President and Bernardsville Branch Manager; and Frank Howlett, Principal of Ridge High. Skyler is headed to Lehigh University this fall to study international business and finance.
CSBK Makes $7,500 Donation to City of Garfield for Centennial Celebration
CSBK (Clifton Savings Bank) donated $7,500 to the City of Garfield to help fund festivities surrounding its centennial celebration.Paul M. Aguggia, CSBK Chairman, President & CEO, and Geraldine Rambaldi, CSBK Assistant Vice President, Banking Center Manager, presented a check to Richard Rigoglioso, Mayor of Garfield and Thomas J. Duch, Esq., City Manager of Garfield.
Riker Danzig Real Estate Deal Wins United Way’s 2017 Impact Award
Riker Danzig Scherer Hyland & Perretti’s Real Estate Group represented Lincoln Equities Group in its contract for the development of 5 Giralda Farms for tenant Allergan Sales, which recently won United Way of Northern New Jersey’s 2017 Impact Award. United Way recognized Allergan Sales’ new headquarters as the commercial real estate project with the greatest positive impact on the northern New Jersey region this year. The transaction involved over $58 million in state incentives for Allergan. Riker Danzig attorneys Cathleen Giuliana, Nicholas Racioppi and Linda Herlihy represented Lincoln Equities in the negotiations. By signing the lease at 5 Giralda Farms, Allergan will not only be keeping 1,000 jobs in the state but has pledged to create an additional 300 new full-time jobs.
Chatham Historical Society Receives Support from Peapack-Gladstone Bank
Laura Zmijeski presents Peapack-Gladstone Bank’s contribution to Helen Ann Rosenfeld, President of Chatham Historical Society and Amy Crandall, Vice President of Chatham Historical Society
Peapack-Gladstone Bank presented a $500 contribution to the Chatham Historical Society to support their efforts to promote awareness of the rich history of Chatham Borough. Presented by Laura Zmijeski, Assistant Vice President, Wealth Management Consultants, a Division of Peapack-Gladstone Bank, to Helen Ann Rosenfeld, President and Amy Crandall, Vice President of the Chatham Historical Society, this contribution will support the Society’s public appreciation of Chatham Borough’s character and history. Ms. Zmijeski, former Treasurer of the Chatham Historical Society, nominated the Society as a part of the Bank’s recent Employee Donation Contest whereby five charity entries submitted by employees were drawn to receive monetary gifts totaling $3,000.
NVE Bank Recognizes Outstanding Employees with Fourth Annual PRIDE Award
NVE Bank recently honored 21 of its employees who have taken extra steps to embody the NVE spirit through volunteerism, superior customer service and skill enhancing educational initiatives. The employees are the recipients of NVE’s PRIDE Award, an honor that is bestowed annually on staffers who go above and beyond their prescribed job responsibilities in the areas of volunteerism, education, customers service, business referrals and cost saving/revenue generating initiatives. Employees earn points for their contributions in these areas throughout the year, and top achievers are recognized as NVE PRIDE Award recipients.
First Hope Bank Supports Project Self Sufficiency
First Hope Bank and Project Self Sufficiency have been long time partners to help our community grow and prosper. It is an honor working with a group that cares as much about the well-being of our neighborhood as we do. This year alone, First Hope Bank associates helped collect over 60 dresses and accessories for the Sister-to-Sister Prom Shop housed at Project Self Sufficiency and were a sponsor to A Taste of Talent. These events and many more, go to benefit the low income families of our local community.
Sister-to-Sister is a donation based prom shop to aid teens who may be less fortunate get dressed up to have a memorable evening to remember. The Prom Shop was started by teenagers Isabella and Sophie Ilaria who saw an opportunity to help fellow teens. They offer free prom presses, along with shawls, wraps, shoes and accessories that may be either new or gently used. First Hope Bank was pleased with the outpouring support of our associates and customers who care near and dear about our local youth.
When thinking of where to donate, think about Project Self Sufficiency, who has many great projects to support the local community. Events such as ‘A Taste of Talent’, located at Perona Farms raise funds for Project Self Sufficiency to support their mission. First Hope Bank was a sponsor again this year during ‘A Taste of Talents’ 18th year running. This event brings together various chefs from the area’s finest restaurants to have a culinary tasting your mouth will water over. Every year there is a chance to sample some of the most renowned dishes all to benefit this local cause. First Hope Bank is proud to have a neighborhood partner in Project Self Sufficiency and a common mission to help our local communities.
Amboy Bank draws winner for new Cheesequake branch sweepstakes
Amboy Bank Cheesequake branch manager, Donna Ostrowski, congratulates Mary Giessuebel as the grand prize winner of Amboy’s month-long grand opening sweepstakes. Giessuebel won a 55” LG Smart LED television. The sweepstakes celebrated Amboy’s new branch at 95 Matawan Road in Matawan. The bank is continuing to welcome new clients with special deposit offers.
The Provident Bank Foundation Awards $50K Signature Grant to Junior Achievement of New Jersey Funding
The Provident Bank Foundation (PBF) announced Junior Achievement of New Jersey (JANJ) in Edison, N.J. as the recipient of the Foundation’s 2017 $50,000 Signature Grant in the Community Enrichment funding priority area.
JANJ was selected for the Signature Grant for its work in the Youth Leadership Development focus area, and funding will specifically be used toward its High School Heroes initiative, a no-cost educational solution that meets state academic standards for both elementary and high school students from predominantly under-served communities including those in Middlesex County.
The goal of the funding is to train 146 promising students to be High School Heroes who will deliver JA's money management, entrepreneurship, and career readiness curriculum. The course will be implemented in 73 kindergarten through fifth grade classrooms, and actively engage 1,600 elementary school students from their communities. By the end of the 2017-2018 school year, JA will have provided nearly 7,000 instructional/educational contact hours for program execution.
Erin Villagra, Assistant Vice President, Senior Corporate Trainer at Peapack-Gladstone Bank Honored as Training Magazine 2017 Emerging Leader
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank announced that Erin Villagra, Assistant Vice President, Senior Corporate Trainer, Career Development Institute, has been recognized as a winner of Training Magazine’s 2017 Emerging Training Leaders Award.
Emerging Training Leader candidates were nominated by co-workers or industry peers for their stellar leadership skills and business expertise within their organizations. Chosen were the top 25 professionals who inspired and engaged their organizations through their individual talents, exceptional leadership skills, business savvy and training instincts.
With 14 years of experience at Peapack-Gladstone Bank, Ms. Villagra is responsible for the development and implementation of high caliber, bank-wide employee training programs. As the Company’s liaison with outside training providers, she is also responsible for the orchestration of a wide variety of in-house corporate training programs. A resident of Bedminster, New Jersey, Erin holds a Bachelor of Arts Degree in Education from Syracuse University.
Award recipients of the 2017 Training Magazine Emerging Training Leaders Award will be profiled in the May/June issue of Training magazine and honored at an awards ceremony at the Georgia World Congress Center during the February 2018 Training Conference & Expo in Atlanta Georgia.
Unity Bank Signs Long-Term Agreement as Title Sponsor of the Memorial Day Weekend Tour of Somerville Cycling Series
Unity Bank has agreed to a multi-year partnership to serve as Title Sponsor of the Tour of Somerville, the iconic cycling classic that annually attracts thousands of local and tri-state residents, international tourists and competitive racers from around the world to enjoy the oldest major cycling event in the country.
The 74th running of the historic Memorial Day race through the streets of Somerville, the traditional kick-off to the summer season in central New Jersey since before World War II, will expand to a full weekend of events in 2017 with activities designed to enhance the family experience.
The race annually attracts more than 600 cyclists and 15,000 visitors. Arts on Division, a nonprofit organization that supports the arts and cultural events in Somerville and Somerset County, promotes the race and will donate a portion of the Tour proceeds to local nonprofits.
The three-day Tour of Somerville Cycling series for professional and amateur cyclists alike begins with the 18th annual Bound Brook Criterium Bike Race in Bound Brook on Saturday, May 27th with a second race in Raritan on Sunday, May 28th before concluding with the Tour of Somerville through the streets of Somerville on Monday, May 29th.
Local High School Students Attend Junior Achievement Career Workshop at Peapack-Gladstone Bank
On April 28, 2017, in conjunction with Junior Achievement® of New Jersey, Peapack-Gladstone Bank hosted 52 local high school students and faculty from Barack Obama Green Charter School, Hillcrest Academy South, and Somerville High School at their Headquarters in Bedminster, New Jersey, for a full-day Junior Achievement Career Success™ workshop. The Junior Achievement® platform teaches students 21st century skills through experiential learning.
Participating students connected with volunteer mentors from the Bank who shared their career advice and expertise in money-management through interactive modules which focused on budgeting, credit choices, career development and job interview skills. The Bank’s program also included a complimentary breakfast and lunch along with employee-led student tours of the Bedminster Headquarters including the Bank’s Heritage Hall museum and Board Room.
Peapack-Gladstone Bank is proud to partner with Junior Achievement in motivating and inspiring a new generation of entrepreneurs, setting realistic goals for their future careers. Together, they have helped to open doors for tomorrow’s business leaders.
NVE Bank Celebrates Financial Literacy Month by Teaching Children to Save
NVE Bank Branch Managers from the bank’s 12 branches helped Bergen County elementary students celebrate Financial Literacy Month by teaching savings classes throughout the month of April. The classes, aimed at giving kids the opportunity to start learning financial basics in a fun and interactive way, was done in partnership with the American Bankers Association Education Foundation’s 20th Annual Teach Children to Save Program. Throughout the month, NVE bankers taught over 500 students, culminating in an event held at the Hillside School in Closter, where NVE’s President & CEO Robert Rey handed out participation certificates and NVE piggy banks to second graders.
The presentations included activities about the concept of saving, earning interest and determining needs versus wants. Since the American Bankers Association Education Foundation’s National Teach Children to Save Day began in 1997, thousands of bankers have taught money skills to more than one million students.
NVE Bank Participates in National Rebuilding Day 2017 Bank Donates $7,500 to Rebuilding Together Bergen County
NVE Bank participated in National Rebuilding Day as part of April’s National Rebuilding Month by sponsoring a Rebuilding Together project in Westwood, New Jersey. Bank employees volunteered to assist in renovations to a single family home. Renovations included painting, landscaping and general home repairs.
In addition to volunteer service, NVE also presented Rebuilding Together Bergen County with a $7,500 donation to assist with their mission of rehabilitating and improving low-income homeowners’ homes at no cost. Recipients of services include the elderly, disabled, military veterans and families in need, as well as community centers serving those populations.
Berkshire Bank Celebrates National Small Business Week Awards $22,000 in Grants to Support to Small Businesses
Berkshire Bank announced that the Berkshire Bank Foundation will support National Small Business Week by awarding $22,000 in grants to support Small Business Development Centers, SCORE (Service Corps of Retired Executives) chapters and local entrepreneurial assistance centers throughout the Bank’s footprint.
As part of this acknowledgement, business banking officers will host events on various days from May 1-10, at different Berkshire Bank locations.
The events will honor local SCORE chapters, Small Business Development Centers and local entrepreneurial support centers, each receiving a grant ranging from $1,000 to $2,500, in recognition of their commitment to supporting and assisting local small businesses. This occasion allows Berkshire Bank to play an integral role in the economic development of the communities it serves.
The Small Business Development Centers being recognized include:
• Syracuse SCORE (Syracuse, NY)
• Berkshire Regional SBDC (Pittsfield, MA)
• Western MA Small Business Development Center (Springfield, MA)
• Onondaga Small Business Development Center (Syracuse, NY)
• University at Albany SBDC (Albany, NY)
• Small Business Development Center Mohawk Valley SUNY Polytechnic Institute (Utica, NY)
• Vermont Small Business Development Center (Rutland, VT)
• Small Business Development Center- The College of New Jersey (Ewing Township, NJ)
SCORE Chapters being honored include:
• Boston SCORE (Boston, MA)
• Western Massachusetts SCORE (Springfield, MA)
• Worcester SCORE (Worcester, MA)
• Northeast NY SCORE
• Syracuse (NY) SCORE (Syracuse, NY)
• Utica (NY) SCORE (Utica (NY)
• Greater Hartford SCORE (Hartford, CT)
The additional assistance centers being honored include:
• Center for Women and Enterprise (Boston, MA)
• University of St. Joseph – Veteran Jumpstart Program (Philadelphia, PA)
• UCONN Foundation - EBV Veterans Business Program (Hartford, CT)
• Community Capital of Vermont - Business Advisory Services Program (Barre, VT)
• Rutland Economic Development Corporation (Rutland, VT)
Atlantic Stewardship Bank Announces New Branch to Open in Morris County
Atlantic Stewardship Bank announced that its new office at 43 South Park Place on the Green in Morristown, New Jersey, is scheduled to open in late spring of 2017. ASB’s newest office will join Montville and Pequannock as its third Morris County branch. This will be ASB’s 12th branch location serving Bergen, Morris and Passaic counties along with the surrounding markets.
Amboy Bank opens new branch in Matawan’s Cheesequake area
Old Bridge Mayor, Owen Henry, assists Greg Scharpf, Senior Vice President of Amboy Bank, in cutting the ribbon, opening Amboy Bank’s new Cheesequake Branch located at 95 Matawan Road in Matawan. From left to right are Stephen Mamakas, Executive Officer of the Mayor’s Office of Economic Development, Greg Scharpf, Mayor Henry, Donna Ostrowski, Cheesequake Branch Manager, and Vincent Blasi, President of the Old Bridge Chamber of Commerce.
Berkshire Bank Announces Final Exciting Assists Grant Recipient
Berkshire Bank announced that through the Bank’s partnership with New England Sports Network (NESN), its Foundation has awarded a $13,000 grant to Cradles to Crayons through the Berkshire Bank Exciting Assists Grant program. Cradles to Crayons VP of Development Karen Grant accepted the contribution from Berkshire Bank’s Assistant Vice President of Community Engagement Gary Levante on air during NESN’s coverage of the Boston Bruins on April 6.
The Exciting Assists Grant program ran through April 1, 2017 and raised funds to support three charitable causes. Berkshire Bank’s Foundation provided $100 per assist to the program. An assist is defined as a Boston Bruins player who shot, passed or deflected the puck towards the scoring teammate, or touched it in any other way that enabled the goal, meaning that they were "assisting" in the goal. During the final portion of the season, the Bruins had 130 assists resulting in a $13,000 grant from Berkshire Bank Foundation.
In addition to Cradles to Crayons, two other nonprofit organizations received funding during the season, including:
• Soldier On - has a single mission; ending homelessness amongst the nation’s veterans. Since 1994, they’ve provided homeless veterans with transitional housing and supportive services including opening the first Gordon H. Mansfield Veterans Community in 2010, a permanent housing cooperative that provides formerly homeless veterans with safe, sustainable, affordable housing, transitioning them from homelessness to homeownership. Soldier On is replicating this model nationally. $10,000 Grant
• Birthday Wishes –provides children facing homelessness with a joyous birthday party that will brighten their special day, reduce the trauma of homelessness, and give them hope for a better future. $12,100 Grant
Berkshire Bank Achieves Sustainability Milestone - Paper Usage Drops 15%
As the country celebrates Earth Day on April 22, Berkshire Bank announced that they have exceeded the first of their sustainability objectives through AMEB Green, a corporate initiative to become a more environmentally sustainable company. The company, committed to reducing paper consumption by 10% by 2018, surpassed that mark reducing usage by 15% a full year earlier than projected.
AMEB Green is focused on results that will impact Berkshire’s social, environmental and financial performance by engaging employees and customers in environmentally conscious behaviors. The Bank has completed more than thirty green initiatives since the launch of the effort in 2015, including the standardization of double-sided printing and the elimination of disposable paper products in offices. The company also implemented energy-saving enhancements, recycling and environmental standards all of which contributed to 32% of office products coming from recycled sources as well as 228,000 pounds of paper being recycled annually. In addition, eStatement usage by customers increased 21% since 2015 as more customers chose more secure and environmentally conscious ways of conducting their business.
The AMEB Green initiative was originally spurred by employee suggestions and was developed by a cross-functional committee that looked at policies, products, operations and behaviors to identify goals and key steps to become a more environmentally sustainable company.
Berkshire Bank Foundation Invests Over $300,000 in Education, Economic Development, and Basic Needs Initiatives
Berkshire Bank Foundation announced that it has awarded $314,901 in grants and pledges to 88 nonprofit organizations through their 3 main grant programs, which focus on community and economic development, education and basic needs. The funding was awarded during the first quarter grants cycle.
In 2017, Berkshire Bank Foundation implemented refined priorities focusing on specific outcomes. The organizations and programs receiving funding best achieved these outcomes in the areas of early childhood literacy, financial education, job training, affordable housing, small business development, neighborhood revitalization, food access, health care access and addiction treatment, among others.
Berkshire Bank Receives Six Marketing Awards
Berkshire Bank, America’s Most Exciting Bank®, is excited to announce that it was recently honored with six awards for community engagement and marketing of leading edge products. The Bank was recognized at the Financial Marketing Awards in Newport, RI and the New England Financial Marketing Awards in Burlington, MA; both events took place in March.
The Financial Marketing Awards are the oldest and most respected financial awards in New England. The awards program honors banks and credit unions for creative marketing and branding efforts, while the Community Champion Award recognizes a bank or credit union for the difference they make in the community. Berkshire received recognition in the following categories:
• Community Champion Award – Gold for Pittsfield Public Schools attendance billboard
• Loan Award - Silver for home equity (HELOC) campaign
• Deposit Award – Bronze for Leap Year deposit campaign
The New England Financial Marketing Association is one of the country’s largest and most respected trade associations of its kind and has a diverse membership representing financial institutions with assets ranging from less than $500 million to over $5 billion. Their annual awards program honors banks and credit unions in Massachusetts, Connecticut, Rhode Island, New Hampshire, Maine and Vermont for creative marketing, branding and community efforts. Berkshire received recognition in the following categories:
• Overall Community Service – 2nd Place for Xtraordinary Day campaign
• In-Branch Design – 2nd Place for Mid-Atlantic region branch design
• Customer Service – 2nd Place for Game Plan point of sale
Both sets of awards identify Berkshire Bank as a brand leader with a community oriented approach. Being recognized in this capacity highlights the Bank’s unique culture and approach while underscoring its commitment to performance and to delivering a highly-personal and engaging banking experience. The awards demonstrate and reinforce Berkshire Bank’s desire to help customers find life’s exciting moments.
Unity Bank Donates $2,500 to Adult Day Center of Somerset County
Unity Bank recently donated $2,500 to the Adult Day Center (ADC) of Somerset County to underwrite the expenses of their Caregiver Support Group, which meets on the second Saturday of every month. The donation will underwrite operational expenses for the support group, which has been part of ADC programming for 18 years.
Pictured (from left) are Diann Robinson, ADC Executive Director; Donna Moehler, ADC Member; Stacy Scelfo, ADC Social Services Coordinator; Greg Gibson, ADC Member; Wendy Ewen, Unity Bank Somerville Branch Relationship Manager; Joanne Jack, Unity Bank Somerville Branch Personal Banker Somerville; and Michael Novak, Unity Bank Senior Commercial Loan Officer.
Riker Danzig Partner Frank Vitolo Selected for Not-For-Profit Excellence Award
Morristown-based law firm Riker Danzig Scherer Hyland & Perretti LLP is proud to announce that Frank Vitolo was selected by the Morris County Chamber of Commerce as the Exemplary Private Sector Leader Not-For-Profit Excellence Award Winner. Vitolo was honored at the 2017 Not-for-Profit Conference on April 20th at the Wyndham Hamilton Park. The Chamber recognized Vitolo for his leadership of the Table of Hope Soup Kitchen in Morristown, in addition to his work for the Morristown Partnership and Morris Arts. In 2016, when the Table of Hope was in danger of closing due to a lack of funds, Vitolo was instrumental in spearheading a fundraising campaign that allowed the Soup Kitchen to continue. From that initial fundraising campaign, the Table of Hope has established ongoing partnerships with churches and individuals who are now regular donors, giving it a more secure foundation going forward.
Vitolo is a partner with Riker Danzig and concentrates his practice in litigation, products liability, land use, aviation, school law and government affairs.
Peapack-Gladstone Bank Named Champion of Good Works
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank announce that the Bank has been honored as a Champion of Good Works by the Commerce and Industry Association of New Jersey (CIANJ). The “Champion of Good Works” award was presented to Peapack-Gladstone Bank on March 15 at the CIANJ Fourth Annual Chairman’s Reception at Nania’s In the Park in Belleville, New Jersey. Attended by more than 260 business executives, CIANJ paid tribute to the kindness and generosity of the business community. This year’s 39 champions included New Jersey leading manufacturers, retailers, hospitals, banks, colleges and universities, who were selected by a blue-ribbon panel of judges.
Berkshire Bank Pays Veteran’s Mortgage Payments for a Year
Berkshire Bank has announced the winner of the Exciting Rewind Mortgage Giveaway. As the official bank of NESN’s Boston Bruins coverage, Berkshire Bank partnered with NESN for this exciting promotion that began on January 1st and concluded on March 11, 2017.
The winner of The Exciting Rewind is David Hiltz of Bedford, MA. David Hiltz spent much of his Air Force career testing new aircraft and weapons as a flight test engineer. As the winner, David will be awarded with $12,000 to assist in paying his mortgage for the year. The giveaway was only extended to active military members and eligible veterans, serving as an extension of the dedication of Berkshire Bank to the servicemen and servicewomen of our country.
When asked of how he felt about winning the Exciting Rewind giveaway, David passionately spoke of his relationship with the Bank, which began when he purchased a home in the area.
The Exciting Rewind Mortgage Sweepstakes consisted of a breakdown of the top plays throughout the season and was featured during every Bruin’s game on NESN. Viewers were encouraged to watch and vote online for their favorite Berkshire Bank Exciting Rewind segment at NESN.com/BerkshireBank to be entered for a chance to win.
Lakeland Bank Honored for Scholarship Program
Lakeland Bank was honored by The Commerce and Industry Association of New Jersey (CIANJ) and COMMERCE Magazine for its Annual Scholarship Golf Outing which provided scholarships to students from 50 local high schools in 2016.
Thirty-nine companies, including leading manufacturers, retailers, hospitals, banks and colleges and universities, were honored as “Champions of Good Works” at the gala reception, attended by more than 260 business executives. The Fourth Annual Chairman’s Reception, paying tribute to the kindness and generosity of the business community, was held at Nanina’s In the Park in Belleville. This year’s champions were chosen by a blue-ribbon panel of judges, which also named Hackensack Meridian Health and its affiliate, South Ocean Medical Center, as the 2017 Extraordinary Good Works recipient.
Atlantic Stewardship Bank Honored as a Champion of Good Works at the CIANJ 4th Annual Chairman’s Reception
The Commerce and Industry Association of New Jersey (CIANJ) and COMMERCE Magazine hosted their Fourth Annual Chairman’s Reception, where they honored Atlantic Stewardship Bank as one of their Champions of Good Works – paying tribute to the kindness and generosity of the business community.
Thirty-nine companies, including leading manufacturers, retailers, hospitals, banks and colleges and universities, were honored as “Champions of Good Works” at the gala reception, attended by more than 260 business executives.
Atlantic Stewardship Bank was honored for its involvement and support of Paterson Habitat for Humanity, which provides housing to families in dire need. Through its unique Tithing Program, ASB tithes or shares, 10% of its taxable income with Christian and other local charities each year; living up to the promise of being faithful to their customers. The Bank has contributed more than $242,000 to Paterson Habitat for Humanity since the inception of their Tithing Program. Additionally, ASB donated proceeds from their 2016 Charity Run/Walk for Housing to Paterson Habitat and underwrites mortgages for new homeowners. Further, ASB President and CEO Paul Van Ostenbridge serves on the group’s Advisory Council.
First Bank Honored as Distinguished Corporation of the Year
First Bank, one of the fastest growing community banks in the United States, was honored as the Distinguished Corporation of the Year by the MIDJersey Chamber of Commerce. First Bank, a 10-branch community bank headquartered in Hamilton, achieved 30 percent loan growth in 2016 and surpassed an important milestone of $1.1 billion in total assets. The bank announced the acquisition of Bucks County Bank last month, which will add four additional branches in Bucks County, Pennsylvania.
According to data gathered from business-intelligence firm SNL Financial, First Bank was one of the fastest growing community banks based on asset growth in 2015, ranking sixth out of 432 community banks (<$1B 2015 assets) across the nation. When compared to 104 other Mid-Atlantic community banks, First Bank grew the fastest from the second quarter of 2012 to the same quarter in 2015.
Patrick Ryan, who helped recapitalize First Bank in 2008, has served as the CEO since 2013. He began his 20-year banking career in 1997 as an investment banking analyst at Goldman Sachs, working in New York and London. Then, he worked in corporate development at Medsite, and was a consultant at the management consulting firm Bain and Company. He managed the Corporate Development department at Yardville National Bank, prior to leading First Bank.
Commitment to community comes from the top down, with Ryan’s involvement with several regional nonprofit organizations, including the Hamilton Partnership, the Mercer County 200 Club, the Friendly Sons and Daughters of St. Patrick, Crossroads of the American Revolution, the Community Bankers Association, the New Jersey Bankers Association and the Ancient Order of Hibernians. He also serves on the board of trustees for the Trenton Area YMCA.
Ryan was recently appointed to the Federal Reserve Bank of Philadelphia’s Community Depository Institutions Advisory Council (CDIAC). The 12-member CDIAC comprises representatives from commercial banks, thrift institutions and credit unions. The council convenes twice a year with officials from the Federal Reserve Bank of Philadelphia to share insights about economic and business trends facing community depository institutions in their local markets. After each local meeting, a representative from the Philadelphia council joins counterparts from other Federal Reserve Banks at a meeting hosted by the Federal Reserve Board of Governors in Washington, D.C. The recognition was presented during an awards reception at the Stone Terrace by John Henry.
Berkshire Bank Named Finalist for Prestigious Halo Award
Berkshire Bank has been named a finalist for the prestigious 2017 Halo Award, the winner of which will be announced in Chicago on June 1, 2017.
The Halo Awards encompass North America’s highest honor for corporate social responsibility (CSR) initiatives and are presented annually at the Engage for Good conference in Chicago. These prestigious awards look at social campaigns that take innovative and impactful approaches to supporting causes, targeting both consumers and employees. Past recipients of the awards include many of the most globally recognized brands.
Berkshire Bank was named a finalist in the Employee Engagement category, which highlights programs focused on meaningfully and measurably engaging a company’s employees in a cause-focused initiative to achieve both a social and a business impact. Berkshire is being recognized for its Xtraordinary Day of Service, which occurred in June 2016, through which it mobilized 95% of the workforce to directly impact more than 100,000 individuals, as well as with its broader XTEAM® corporate employee volunteer program. The other finalists for the award include Viacom, Kohl’s, and Xylem Watermark.
Berkshire Bank is well known for its community commitment locally, but has also attracted national attention in the last year for the overall impact of the XTEAM® corporate employee volunteer program. The program provides every employee with paid time off to volunteer during regular business hours at a series of company supported projects. 100% of the company’s workforce participated in the program last year donating over 40,000 hours of service. The volunteer program complements the company’s commitment to the communities it serves, along with the more than $2 million providing annually through grants and sponsorships.
Kearny Bank breaks ground for new structure to replace existing North Arlington branch
Kearny Bank broke ground today on an entirely new building that will eventually replace its current North Arlington branch office. The new structure will be built in what is now a parking lot; upon completion, the older building will be razed to make way for parking.
According to the current construction schedule, the new North Arlington branch – a sleek, modern structure of red brick – will be completed and ready for business this coming November. Kearny Bank has been conducting business in North Arlington for about 130 years; it opened its first boro office in the late 1880s.
The new Kearny Bank facility will provide about 4,000 square feet of public space, including a 17-foot ceiling specially designed to flood the lobby with natural light. Emphasizing sustainability, the new structure will feature solar glass for increased insulation and solar gain, thermal energy efficiency, and LED lighting, along with two drive-up lanes and eight teller stations. Fully compliant with all ADA (Americans with Disabilities Act) requirements, the structure was designed by Eric Baker Architects, which maintains offices in Glen Ridge, NJ and Stamford, CT.
The groundbreaking – complete with ceremonial shovels, hardhats, and the symbolic first turning of soil on the site – was attended by North Arlington Mayor Joseph Bianchi, several boro council members, and Kearny Bank executives and staff.
From left to right, John Mazur, Chairman of the Kearny Bank Board; Mayor Joseph Bianchi, North Arlington; Craig Montanaro, President & CEO Kearny Bank