Business & Finance

Union Center National Bank: More Than a Bank, A Trusted Community Partner

Union Center National Bank (UCNB), trusted in New Jersey since 1923, is operated by Center Bancorp, Inc. – a bank-holding company listed on NASDAQ under the ticker symbol CNBC. Nationally recognized as a top-performing bank in the country and the third-largest national bank headquartered in New Jersey, the bank serves the unique financial needs of its clients through its 16 banking center locations throughout Union, Morris and Bergen counties, and in Princeton. With $1.7 billion in assets as of Sept. 30, 2013 UCNB focuses its lending activities on commercial lending to small and medium-sized businesses, real estate developers and high net worth individuals.

With a 90-year history of helping New Jersey families, businesses, educational institutions and municipalities, Union Center National Bank is more than a bank.  It is a trusted community partner. The bank takes pride in supporting many worthy civic and non-profit organizations that contribute to the strength of the communities in which it serves.

Supporting education is at the forefront of Union Center National Bank’s philanthropic goals,” said Bank President and Chief Executive Officer Anthony C. Weagely. From underwriting the cost of early childhood education for our most vulnerable youths in shelters or transitional housing, annual scholarship programs for students attending county colleges or New Jersey state universities, to enrichment grants awarded to local Education Foundations, to a unique scholarship program offered to state residents through the James Beard Foundation, the bank is committed to helping local deserving students. “We are sensitive to the challenges in today’s economy, particularly with the rising cost of education. Union Center National Bank is focused on being a safety net by helping New Jersey youths reach their ultimate potential. It begins with education.” 

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“Helping those most in need in our own neighborhoods is without question at the core of the Bank’s culture,” said France Delle Donne, senior vice-president of Communications and Public Relations. From bi-annual bank-wide food drives benefitting those served by the Center for Food Action in Englewood, the Community Food Bank of NJ in Hillside, and the Interfaith Food Pantry in Morris Plains, to helping rebuild Hurricane Sandy-devastated communities by sending employee volunteers and its charitable donations, “we as a team are committed to making a difference."

Providing educational opportunities, combating hunger and homelessness, supporting people with disabilities and at-risk youth, and bringing beauty and joy through the arts in the communities, the bank serves are all causes carefully considered by UCNB. The bank’s charitable outreach is made possible solely through its operating income, not through a foundation.

Many of the bank’s officers and employees are dedicated leaders in their respective communities. One can find them serving in their local Rotary Clubs and Chambers of Commerce, their town’s Downtown Improvement Districts, their children’s youth athletic leagues or Boy Scouts and Girl Scouts troops, their houses of worship, and throughout local and national organizations that provide research and advocacy for many health ailments, particularly for a wide variety of cancers and sickle-cell anemia.

Union Center National Bank's presence is evident at annual community festivals such as the Bergen County Fair & Fall Harvest Festival, Englewood Sidewalk Sale, Madison Bottle Hill Day, Morristown Festival on the Green, Union Township Fall Festival, and Union County St. Patrick’s Day Parade, among others. Drop by one of branches near you. UCNB welcomes the opportunity to get acquainted and serve you as it has others for more than 90 years.

For Center Bancorp, Inc. investor inquiry, contact Joseph Gangemi, senior vice-president of Investor Relations at (908) 206-2863. For Union Center National Bank, call France Delle Donne at (908) 206-2668. 

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