Giving Back

Regal Bank Partners to Provide Safe and Secure Living Environment for Broadway House Residents Through 'Senior Crimestoppers' Program

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LIVINGSTON, NJ - Regal Bank, a full-service community bank operating nine branch offices including a Summit location, recently joined CRA Partners to help vulnerable, low-to-moderate income citizens at Broadway House in Newark by funding the Senior Crimestoppers program to protect those who live and work in nursing homes and care facilities.

Senior Crimestoppers is a coordinated set of components that work together to create a zero crime tolerance platform in senior housing facilities. Components include anonymous cash rewards up to $1,000 for information about wrongdoing, personal lockboxes for residents, and effective education and training for staff and residents. In participating facilities, the program has reduced all aspects of crime by 94 percent.

Regal Bank will be providing this program’s assistance to the residents of Broadway House for Continuing Care, New Jersey’s only specialized care facility for people living with HIV/AIDS. The award-winning facility, located in Newark, provides acute care for men and women infected by the AIDS virus.

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Thomas Lupo, president and CEO of Regal Bank, said, “Every single resident is an equally valued part of our community and we’re proud to help bring this excellent program to the residents of Broadway House. Regal Bank’s commitment to making a difference extends beyond our customers, positively impacting all of the people who reside in our wonderful community.”

CRA Partners, powered by the Senior Housing Crime Prevention Foundation, is a national organization that guarantees banks federally mandated CRA credit through the operation of the turnkey Senior Crimestoppers program.

Through flexible funding options such as CRA-qualified community development loans, investments, or grants, banks are able to bring the program to senior housing facilities, HUD communities, and state veterans homes.

“Senior Crimestoppers is a way for an administrator to further enhance the lives of the residents they serve. They all work very hard to provide safe, secure, comfortable living environments and their desire to implement the program is just one more example of this. Implementing this program does not mean that the facility currently has a crime problem, but that the administrator is proactively finding a way to keep problems from occurring in the future,” said Terry Rooker, president of Senior Crimestoppers.

The Summit Regal Bank branch is located at 360 Springfield Avenue, and can be reached by calling 973-419-5008.

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