North Jersey Community Bank Exceeds $800 Million in Assets

ENGLEWOOD CLIFFS, N.J., June 5, 2012 /PRNewswire/ -- North Jersey Community Bank (NJCB), one of the country's top performing community banks, as ranked by SNL Financial for the second year in a row, today announced that it has surpassed $800 million in assets.

"Reaching $800 million in assets is an important milestone for the NJCB team and there is a simple reason for our success. From our inception seven years ago, we have taken a disciplined approach to growth and focused relentlessly on providing our customers with the best service, products and technology around," said Frank Sorrentino, Chairman and CEO of North Jersey Community Bank.  "While building a loan portfolio of over $700 million and expanding to eight branches across New Jersey, we have delivered consistent profitability and maintained healthy asset quality. These are significant achievements, particularly in a challenging banking environment and reflect both the quality of our people and our approach to the marketplace."    

North Jersey Community Bank 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, and now mobile banking.  Each of its branches 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. NJCB also provides 24-hour ATM service and free online banking at www.njcb.com.

About North Jersey Community Bank (NJCB):

North Jersey Community Bank was founded by local community and business leaders to provide the highest level of personalized community banking services to the Northern New Jersey Market. With a strong commitment to the communities it serves, the bank offers a variety of innovative deposit and loan products. 

NJCB is one of the country's top performing community banks, as ranked by SNL Financial, a leading provider of news and data on the banking and financial services industry. Additionally, NJCB received a top 10 ranking on NJBIZ's 50 Fastest Growing Companies List, was a finalist for the publication's Business of the Year award and was named to Inc. Magazine's Inc. 500|5000 list as the 64th fastest growing bank in the country.

In addition, NJCB was also 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.

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, go online to the bank's website at www.njcb.com, or visit NJCB's Facebook page at www.facebook.com/NJCBfan.

SOURCE North Jersey Community Bank