Oak Ridge, N.J. – June 26, 2020 – Thomas J. Shara, president and CEO of Lakeland Bancorp, has announced that Lakeland Bank has been named by Forbes and Statista to the “America’s Best-In-State Banks” list for the second consecutive year.
“We are proud to be one of only two banks headquartered in the State to be named a Best-In-State Bank,” said Shara. “Based on the criteria to receive this award, it is especially rewarding to be recognized among the 135 financial institutions nationwide that have been highly rated through the independent survey conducted by Forbes and Statista.”
Forbes and Statista awarded the America’s Best-In-State Banks recognition to 135 banks out of 5,117 nationwide. The banks were chosen based on the highest score awarded through an independent survey from a vast sample of more than 25,000 U.S. customers spread among all states. The survey was conducted using an online access panel and participants were asked to rate every bank at which they had a checking account. In addition, banks were rated in five sub-dimensions: Trust, Terms & Conditions, Branch Services, Digital Services and Financial Advice. Only the top 2.6% of all banks in America made the list.
To see the full 2020 Forbes and Statista “America’s Best-In-State Banks” list, visit https://www.forbes.com/best-in-state-banks/list/.
About Lakeland Bank
Lakeland Bank is the wholly-owned subsidiary of Lakeland Bancorp, Inc. (NASDAQ:LBAI), which has over $7 billion in total assets. With an extensive branch network and commercial lending centers throughout New Jersey and Highland Mills, N.Y., the Bank offers business and retail banking products and services. Business services include commercial loans and lines of credit, commercial real estate loans, loans for healthcare services, asset based lending, equipment financing, small business loans and lines, and cash management services. Consumer services include online and mobile banking, home equity loans and lines, mortgage options and wealth management solutions. Lakeland is proud to be recognized as a Best-In-State Bank by Forbes and Statista, rated a 5-Star Bank by Bauer Financial and named one of New Jersey’s 50 Fastest Growing Companies by NJBIZ. Visit LakelandBank.com for more information.