A Letter From The President:
Columbia Bank Defines Main Street Banking

Across New Jersey, Columbia Bank is universally known as a professionally-managed, “Main Street” bank that is profitable and growing…independently driven…marketplace competitive…and service oriented.  For over 85 years, Columbia has continually satisfied the diverse banking needs of Garden State residents, households, businesses and municipalities. 

There are bold differences between Wall Street and Main Street banks, with the most defining being operating structure.  Since 1927, Columbia has conducted business as an independent, community bank without stockholders.  From a customer’s perspective, banking with a “mutual” financial institution, like Columbia Bank, means that a hostile takeover, by merger or acquisition, is not possible.  Today, with our statewide network of 44 full-service branches and over $4.6 billion in assets under management, Columbia ranks as the fourth largest mutual bank in the United States and the largest mutual domiciled within New Jersey.

One significant benefit of being a Main Street bank is added flexibility to make strategic business decisions -decisions that both protect customer assets and encourage future growth and profitability.  For example, strict underwriting standards have kept us insulated from the Sub-Prime Mortgage Lending market.

Today, Columbia provides banking services to an impressive number of consumer households.  Although we are perhaps best known for being a “safe haven” for savings, we also provide an impressive assortment of consumer checking, lending, investment, retirement and personal wealth management services.  For added convenience, a Customer Service Center is now available for telephone inquiries. 

Columbia’s well established reputation within New Jersey’s business community is a testament to our diverse range of commercial clients and impressive offering of business banking products, services and conveniences.  Today, commercial banking represents roughly 40% of Columbia’s total business.  For business owners and professionals, our full compliment of banking services provides the necessary financial tools to operate and grow a successful business, including technology-assistance like online banking and remote check deposits.

At Columbia, commercial lending typically takes place on four specialty levels -Construction Lending, Permanent Commercial Mortgages, Working Capital and Term Financing and Small Business Lending.  We are also a designated “Preferred” and “Express” Small Business Administration (SBA) lender and a New Jersey Economic Development Authority (EDA) “Preferred” lender, with the ability to grant loans and lines of credit to qualified small businesses. 

As a Main Street bank, Columbia also provides ongoing assistance to the communities we serve through donations, employee volunteer efforts and grants issued by our Columbia Bank Foundation.  Despite a challenging economy, it remains our corporate initiative to proactively support local civic, community and charitable causes that encourage home ownership, economic development, financial literacy and business prosperity. 

Our two subsidiaries, Columbia Investment Services and First Jersey Title Services, also effectively service their respective niche markets.  Columbia Investment provides investment, retirement and wealth management services; while First Jersey Title delivers title services to the legal and real estate markets.

Columbia Bank customers are reassured to know that our solid financial position is well documented, supported by annual examinations by Federal Regulators, who review our financial condition for “soundness and safety,” and confirmed by independent financial rating agencies, like Bauer Financial, who recently awarded us their top “Five Star” rating.

At Columbia Bank, we will offer you a one-stop, Main Street banking experience based on financial soundness, marketplace savvy, choice and convenience, quality service and community leadership.  We sincerely hope that you will consider our Bank for all your personal and business banking needs.

You can always…Count on Columbia!