Columbia Bank Expands Its Local Reach in Rutherford
Columbia Bank has officially opened its doors to a new branch in the heart of downtown Rutherford, located at 74 Park Avenue. This latest expansion will enhance the bank's footprint in Bergen County, where it already boasts 15 branches and serves a growing customer base. Founded in 1927 and headquartered in Fair Lawn, Columbia Bank is a well-established financial institution with around 65 locations and a notable asset base of approximately $10.8 billion.
Community-Centric Initiatives: Banking for a Cause
The new Rutherford location not only aims to provide personalized financial solutions to the community but also highlights Columbia Bank's commitment to social responsibility. The bank's innovative "Banking for a Cause" program exemplifies this ethos. For every new checking or savings account opened at the Rutherford branch, Columbia Bank will donate $10 to a charity or nonprofit of the customer's choice within the local area. Participating organizations include community staples like the Meadowlands YMCA and the Rutherford Swim Association. In addition to these initial donations, Columbia Bank will award further financial support to these charities based on customer designations by the end of March 2026.
Strengthening Community Bonds
Thomas J. Kemly, the president and CEO of Columbia Bank, expressed enthusiasm about the opening, stating, ["This new location allows us to serve even more customers throughout northern New Jersey with convenient, personalized financial solutions."] His words resonate deeply as Columbia Bank sets out to strengthen ties with local residents and businesses alike.
A Bright Future for Bergen County
As the bank settles into the Rutherford community, the potential for neighborhood growth and support is palpable. The proactive initiatives not only benefit the bank’s customers but also enhance the network of resources available to the community. By fostering relationships with local nonprofits, Columbia Bank is playing a pivotal role in driving impactful change in Rutherford and beyond.
In conclusion, Columbia Bank's expansion into downtown Rutherford is more than just another branch opening; it's a commitment to community engagement and support. With programs like "Banking for a Cause," the bank demonstrates its dedication to making a tangible difference in the lives of northern New Jersey residents.
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