SOURCE: North Jersey Community Bank

December 04, 2007 09:00 ET

/ CORRECTION - North Jersey Community Bank

ENGLEWOOD CLIFFS, NJ--(Marketwire - December 4, 2007) - In the news release, "North Jersey Community Bank Now Largest Bank in Englewood Cliffs Market," issued on Monday, December 3, 2007, by North Jersey Community Bank, we are advised by the company that the first sentence of the first paragraph should read "North Jersey Community Bank (NJCB), the fastest growing bank in New Jersey, today announced that its Englewood Cliffs branch has exceeded $152 million in deposits through the second quarter of 2007, outperforming all banks in the highly competitive Englewood Cliffs banking market" rather than "North Jersey Community Bank (NJCB), the fastest growing bank in New Jersey, today announced that its Englewood Cliffs branch has exceeded $152,000 in deposits through the second quarter of 2007, outperforming all banks in the highly competitive Englewood Cliffs banking market" as originally issued. Complete corrected text follows.

North Jersey Community Bank Now Largest Bank in Englewood Cliffs Market

In Less Than Three Years, NJCB Surpasses Bank of America, PNC, TD Banknorth and All Other Competitors; Leads Closest Competitor in Deposits by 44 Percent

ENGLEWOOD CLIFFS, NJ--(December 03, 2007) - North Jersey Community Bank (NJCB), the fastest growing bank in New Jersey, today announced that its Englewood Cliffs branch has exceeded $152 million in deposits through the second quarter of 2007, outperforming all banks in the highly competitive Englewood Cliffs banking market. This positive performance reflects NJCB's history of addressing the needs of the communities it serves. With more than $200 million in total deposits, NJCB's ongoing commitment to provide superior, personalized customer service and innovative banking solutions makes it a leader in Bergen County's crowded financial marketplace.

"These numbers verify what we have known all along -- that NJCB truly is 'A Better Place to Be,'" said Frank Sorrentino III, Chairman and CEO of North Jersey Community Bank. "Since our inception nearly three years ago, we have never wavered in our mission to provide the highest level of banking standards and personalized customer service in Bergen County. The residents of Englewood Cliffs depend on us to help guide their financial decisions and provide them with a banking experience that fits their individual needs."

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 branch also features 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, Hackensack, and now the Palisade Avenue, Fort Lee 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.

Contact Information

  • Contact:
    Lauren Ely
    MWW Group - Public Relations
    Phone: 201-964-2437
    Email: Email Contact