NJBankers Announces Community Service Awards Recipients

On May 30, 2023

NJBankers recently announced the recipients of its annual Community Service Awards.

For the last 10 years NJBankers has recognized New Jersey banks who have demonstrated a strong commitment to the communities they operate in through outreach and initiatives that build and strengthen these communities.

Submissions were reviewed by a panel of independent judges from outside the banking industry. Submissions were categorized based on the bank’s assets and were judged on the following criteria; impact on the community, level of staff involvement, and diversification of efforts.

Winners of each category are:

• Under $1B in assets: Magyar Bank
• $1B – $4.9B in assets: Blue Foundry Bank
• $5B – $9.9B in assets: Peapack-Gladstone Bank and Kearny Bank
• $10B – $24.9B in assets: Columbia Bank
• $25B+in assets: Valley Bank

“The roles banks play in their communities is symbiotic, as they both contribute to the survival of the other. These awards allow us to demonstrate and promote all the great work banks of all sizes are doing for their communities,” said Brittany Wheeler, NJBankers VP/director of Government Affairs.

The Community Service Award winners were recognized during NJBankers 117th Annual Conference and Exhibit Hall in Palm Beach, FL on May 17.

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