OAK RIDGE, NJ - A half-century after opening its doors for business in Newfoundland, NJ, Lakeland Bank -- a wholly-owned subsidiary of Lakeland Bancorp, Inc. (NASDAQ:LBAI) with more than $6 billion in total assets -- is celebrating its 50th Anniversary with a series of activities centered around the two pillars of its business philosophy and success: customers and community.
“Lakeland Bank was founded by three Oak Ridge, N.J. businessmen -- all former officers and directors of the Bank -- who recognized the public need for a local bank that could conveniently service the area and support the community,” said Thomas J. Shara, President and Chief Executive Officer. “We continue to uphold the philosophies of our founders by remaining dedicated to relationship banking and supporting initiatives critical to the success of economically strong communities such as affordable housing, education and health services.”
Recognized as one of 'New Jersey’s 50 Fastest Growing Companies' by NJBIZ, the company has grown to a network of more than 50 offices throughout the state. In every market Lakeland Bank serves, it is committed to meeting the financial needs of the local residents and businesses, as well as helping to build a community that is healthy and vibrant.
Lakeland Bank will be celebrating its 50th anniversary with the following promotions for the customers and communities the Bank serves:
50th Anniversary Debit Card Sweepstakes
It may be Lakeland Bank’s anniversary, but the gift is for their customers. Through July 30, 2019, customers who use their Lakeland Bank Debit Mastercard® for a pin or signature-based purchase will automatically be entered for a chance to win Lakeland Bank’s 50th Anniversary Debit Card Sweepstakes. There will be five random drawings throughout the sweepstakes period and each winner will receive $1,000. The more you use your debit card, the better your chance of winning. The sweepstakes excludes ATM transaction and business accounts. Click here for official sweepstakes rules.
Days of Giving with Lakeland Bank
To celebrate 50 years of Lakeland Bank’s dedication to its communities and supporting goodwill, the Bank encouraged the members of its communities and customers to nominate local non-profit organizations for a chance to win one of five, $1,000 donations. Five winners will randomly be selected.
The Bank's Executive Team, Board of Directors and Founders will also rang the NASDAQ opening bell on May 20 to mark the milestone.
“Lakeland will continue to build on its infrastructure of financial strength, profitability, efficiency and quality service,” said Shara. “Our goal is to continue to grow the Bank’s footprint into new markets both organically and through acquisitions. As we grow, the bank will remain a trusted community-oriented provider of financial services and will adapt to the technology required to offer retail banking, investment programs and business banking solutions that meet the needs of our customers.”
Lakeland Bank has an extensive branch network and commercial lending centers throughout New Jersey and Highland Mills, NY, that offer both 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.
To learn more about Lakeland Bank and its 50-year history, visit LakelandBank.com.