SOURCE: North Jersey Community Bank

November 21, 2005 13:34 ET

North Jersey Community Bank Breaks $100 Million in Assets; Continues to Set Records as Fastest Growing Bank in New Jersey History

ENGLEWOOD CLIFFS, NJ -- (MARKET WIRE) -- November 21, 2005 -- North Jersey Community Bank (NJCB), a full-service independent bank created to serve the Northern New Jersey marketplace, continues its success as North Jersey's fastest growing bank with more than $90 million in deposits and $100 million in assets since it opened earlier this year. As a result of its overwhelming success, the bank opened its second branch on October 1, in Fort Lee, located in the Garden State News Plaza.

"Due to the unprecedented amount of support from our community, NJCB has shattered every previously held denovo bank record, setting a new standard for community banks," said Paul E. Fitzgerald, president and CEO of North Jersey Community Bank. "The people in this community are the heart and soul of our organization, and we will do our utmost to remain the community bank of choice."

"In less than one year, our consumer base has skyrocketed. At NJCB, we know that this is a direct result of our incredible team and loyal customers who have built the foundation for our success," said Frank Sorrentino III, chairman of North Jersey Community Bank. "In 2006, we will continue to expand in Northern New Jersey, and will continue to strive 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. The bank features 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. NJCB also features a 24-hour ATM service and free on-line 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. 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:

    Paul E. Fitzgerald
    North Jersey Community Bank - President and CEO
    Phone: 201-816-8900
    Email: Email Contact

    Theresa Willms
    MWW Group - Public Relations
    Phone: 201-507-9500
    Email: Email Contact