SOURCE: North Jersey Community Bank

January 15, 2008 10:00 ET

North Jersey Community Bank Surpasses $250 Million in Total Assets

Fastest Growing Bank in New Jersey Also Leads All Englewood Cliffs Competitors in Deposits

ENGLEWOOD CLIFFS, NJ--(Marketwire - January 15, 2008) - North Jersey Community Bank (NJCB) today announced that it has exceeded $250 million in assets. Celebrating its three-year anniversary this month, NJCB continues to achieve tremendous growth by providing an unparalleled banking experience to its customers. In addition to a wide range of tailored products and services and the latest technology, NJCB customers receive personalized attention each time they walk through the door. Last month, NJCB reached another milestone when its Englewood Cliffs branch exceeded $152 million in deposits through the second quarter of 2007, outperforming all banks in the highly competitive Englewood Cliffs banking market.

"At NJCB, our ever-growing success is a direct result of our remarkable team of employees. They are the heart and soul of this organization and work hard every day to understand and fulfill the needs of our customers," said Frank Sorrentino III, chairman and CEO of North Jersey Community Bank. "In 2008, we will continue to do our utmost to remain the community bank of choice."

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

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

Contact Information

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