FAIRFIELD, NJ - For 131 years, Kearny Federal Savings Bank—known as the hometown community bank with a heritage of providing financial services to generations of families and businesses, primarily throughout northern New Jersey, and more recently in the central part of the state— has become Kearny Bank. The name change went into effect on February 17, 2015.
Founded in 1884 as Kearny Federal Savings and Loan in Kearny, New Jersey, the bank received its federal charter in 1941. It is the sixth largest bank in New Jersey with a branch network of 42 locations in nine NJ counties including Bergen, Essex, Hudson, Middlesex, Morris, Monmouth, Ocean, Passaic and Union, and in two New York boroughs: Brooklyn and Staten Island.
“Kearny Bank has been a leader in community banking due in part to our dedicated customer service,” commented Jennifer Hawley, vice president, assistant director of Retail Banking, who oversees the bank’s branches in Bergen, Essex, Hudson, Morris, Passaic, and Union Counties. “We look forward to continuing that tradition as we expand into new areas, offer new services and provide our customers with an opportunity to grow along with us.”
The name change is part of an overall rebranding process that came about as a result of several factors including the acquisition of banks in new geographic regions, changing demographics in the current service area, and having the ability to offer fresh and innovative financial services, such as expanded competitive lending products for construction, small business and individuals; POP-Pay Other People; Mobile Banking; and enhanced website functionality.
“As the economy and business confidence has improved, there has been an increased demand for traditional financial services such as loans and mortgages, particularly in the northern part of the state,” Hawley continues. “Our new brand will allow us to continue to deliver those traditional services as well as the newer technology-oriented products that provide ease of banking and financial management.”
Under the new brand, the bank will continue its corporate social responsibility efforts in northern and central New Jersey as well as in the New York City boroughs, by working closely with local communities and non-profit organizations including Junior Achievement, EverFi, and Habitat for Humanity. In 2014 alone, the bank contributed nearly $250,000 to non-profit organizations.
About Kearny Bank:
Kearny Bank was founded in 1884 in Kearny, New Jersey, as Kearny Federal Savings and Loan. It is a federally chartered stock savings bank, wholly owned by Kearny Financial Corp., and is the sixth largest bank in NJ. The Bank has assets in excess of $3.5 billion and operates 42 full-service banking offices in Northern and Central New Jersey and in the New York boroughs of Brooklyn and Staten Island. For more information, click HERE.