SOURCE: North Jersey Community Bank
North Jersey Community Bank Exceeds $300 Million in Deposits
Great Rates and Services Help New Jersey's Fastest Growing Bank Flourish in Current Economy
ENGLEWOOD CLIFFS, NJ--(Marketwire - September 4, 2008) - North Jersey Community Bank (NJCB), today announced that it has surpassed $300 million in deposits. Despite the current economic conditions, NJCB continues to set the standard for banking through its great rates, outstanding products and most of all, its superior customer experience. Since its inception in January 2005, NJCB has delivered on its commitment to become the leading community-based provider of personalized financial products and services. Today, the bank operates five, full-service branches throughout Bergen County and offers programs tailored specifically to suit the needs of individuals and businesses within the communities that NJCB serves.
"NJCB has become a safe harbor for those customers who are worried about the banking environment," said Frank Sorrentino III, chairman and CEO of North Jersey Community Bank. "Our customers are the reason for NJCB's tremendous growth and we continue to make it our goal to understand and fulfill their needs, including making loans to qualified customers and finding creative solutions, all at a time when the rest of the industry is frozen. The combination of a rock solid balance sheet and unmatched customer service has made NJCB the bank of choice in our market area."
NJCB offers a complete range of financial services for both personal and business customers, backed by advanced technology. The bank provides a full line of banking products and services, including mortgages, home equity loans and lines of credit, as well as a wide selection of commercial services. Its Simply Better Money Market Account, with one of the highest rates in the area, is available for both business and personal accounts and includes free checking and free online bill pay. The bank features signature amenities including a free coffee bar, customer lounge and business center complete with plasma screen TVs and internet connections. Each of the five branches also feature NJCB's exclusive "Coin Toss" free coin counting machine as well as extended lobby hours from 7:00 a.m. to 7:00 p.m., Monday through Friday and 9:00 a.m. to 1:00 p.m. Saturday. In addition, the Cresskill, Cliffside/Fort Lee and Hackensack locations offer a drive-thru window with extended hours from 7:00 a.m. to 7:00 p.m. NJCB also provides 24-hour ATM service and free online banking at www.njcb.com.
About North Jersey Community Bank:
North Jersey Community Bank was founded by local community and business leaders to provide the highest level of personalized community banking services to Northern New Jersey. With a strong commitment to the communities it serves, the bank offers a variety of innovative deposit and loan products.
In 2006, North Jersey Community Bank was a recipient of the Forbes® Enterprise Awards -- the most esteemed and sought after small-business awards in the United States. The Forbes® Enterprise Awards honor the visionary practices and exemplary achievements of a select few small businesses, based on a rigorous evaluation of the companies' marketing activities, customer service, employee relations, community service and new product/service offerings.
NJCB is an Equal Housing and Equal Opportunity Lender, and a member of the Federal Deposit Insurance Corporation. For more information, call 201-816-8900, or visit the bank's web site at www.njcb.com.