Bancorp of new jersey inc

Bancorp of New Jersey, Inc. is a bank holding company that operates several community banks in New Jersey. Here are some key facts about the company:

History: Bancorp of New Jersey, Inc. was founded in 1993 and is headquartered in West Trenton, New Jersey.

Subsidiaries: The company has several subsidiary banks, including:

  1. Atlantic Capital Bank, FSB (formerly known as Atlantic City Bank)
  2. Cape Bank, FSB
  3. Columbia Bank, FSB
  4. Kearny Bank, FSB
  5. Valley National Bank, FSB

Services: Bancorp of New Jersey, Inc. provides a range of financial services, including:

  1. Personal banking: checking and savings accounts, loans, credit cards, and mortgages
  2. Commercial banking: business loans, lines of credit, and cash management services
  3. Wealth management: investment services, retirement planning, and estate planning
  4. Insurance: property and casualty insurance, life insurance, and employee benefits

Financials: As of 2022, Bancorp of New Jersey, Inc. had approximately $4.3 billion in assets and $3.4 billion in deposits. The company reported net income of $34.4 million in 2021.

Awards and recognition: Bancorp of New Jersey, Inc. has received several awards and recognitions, including:

  1. "Best Places to Work" by the New Jersey Business Journal (2020)
  2. "Top 100 Community Banks" by American Banker (2020)
  3. "Best Bank in New Jersey" by NJ.com (2019)

Community involvement: Bancorp of New Jersey, Inc. is committed to community development and supports various charitable initiatives, including:

  1. Education: scholarships, mentorship programs, and financial literacy education
  2. Healthcare: support for local hospitals and healthcare organizations
  3. Housing: affordable housing initiatives and community development projects

Overall, Bancorp of New Jersey, Inc. is a well-established bank holding company with a strong presence in New Jersey and a commitment to serving its customers and communities.