In the News

 

June 2019

NVE Bank Grants $2,000 Scholarships to Bergen County Students
Bank Hosts 12th Annual Scholarship Ceremony for Students and Family

Englewood, NJ, June 18, 2019 - NVE Bank awarded $2,000 Scholarships to eleven area High School seniors at a reception hosted by the bank at its Englewood headquarters on June 18th.  The scholarships are part of a program that has been offered by NVE for the past twelve years, and extends to area Middle Schools, where seven graduating 8th grade students were selected to receive a $1,000 Savings Product Scholarship.  Since the inception of the program, NVE Bank has awarded over $180,000 to 240 deserving scholars in Bergen County.

High School recipients included Isabelle Raskin - Leonia High School; Ryan Distell and Dylan Distell - Cresskill High School; Julye Calderon - Pascack Valley High School; Gianna Tavares - Northern Valley Demarest Regional High School;  Jessica Lee - Academies at Englewood; Madisen McIntyre - Dwight Morrow High School;
Victoria Catala - Bergenfield High School; Aisha Davis - New Milford High School; Yanil Morales Garcia - Teaneck High School and Jade Greer - Tenafly High School.

Middle School recipients included Melanie Norberto - Benjamin Franklin Middle School; Peter Park - Cresskill Middle School; Hasnia Mulic - Thomas Jefferson Middle School; Raul Tylrt Seetahal - Janis Dismus Middle School; Yun Lee Park - Leonia Middle School; Esther Cho - David Owens Middle School; Margaret Vasquez - Roy Brown Middle School.

NVE Bank, established in 1887, offers an extensive range of personal and business products and services. As a community mutual bank, NVE Bank is FDIC insured, doesn’t have stockholders and operates to benefit its customers and communities. The Bank maintains 11 offices conveniently located throughout Bergen County. For more information, please call their toll-free number 1-866-NVEBANK (683-2265) or visit their website at www.nve.bank.

 

 

May 2019


NVE Bank Participates in National Rebuilding Day 2019
Bank Donates $7,500 to Rebuilding Together North Jersey

Englewood, NJ, May14, 2019 - NVE Bank participated in National Rebuilding Day as part of April's National Rebuilding Month by sponsoring a Rebuilding Together North Jersey project in Bergen County, NJ.  Bank employee volunteers assisted in repainting the Women's Rights Information Center on Palisade Avenue in Englewood, NJ.  "Investing in the communities where we live and work is part of our Bank's mission" said NVE President Robert Rey.  "We have deep roots within the towns we serve and are committed to making a difference through our time and resources to ensure communities remain healthy and strong".  

In addition to volunteer service, NVE also presented Rebuilding Together North Jersey with a $7,500 donation to assist with their mission of rebuilding homes, revitalizing communities and rebuilding lives.  Recipients of services include the elderly, disabled, military veterans and families in need, as well as community centers and nonprofit organizations serving those populations.

NVE Bank, established in 1887, offers an extensive range of personal and business products and services. As a community mutual bank, NVE Bank is FDIC insured, doesn’t have stockholders and operates to benefit its customers and communities. The Bank maintains 11 offices conveniently located throughout Bergen County. For more information, please call their toll-free number 1-866-NVEBANK (683-2265) or visit their website at www.nve.bank.

 

May 2019

NVE Bank's Cereal Food Drive Exceeds Goal

Staff and Customers Donate 680 Boxes of Breakfast Cereal

 

Englewood, NJ, May 2, 2019 - NVE Bank's Spring Cereal Food Drive resulted in the donation of 680 boxes of breakfast cereal to the Office of Concern Food Pantry, located at St. Cecilia's Church in Englewood, NJ. "This is NVE's 6th year conducting a Cereal Food Drive for the Office of Concern" said Robert Rey, President and CEO of NVE Bank. This year we set a goal of 600 boxes, and thanks to the generosity of our customers and staff members, we were able to substantially exceed that goal".

NVE Bank, established in 1887, offers an extensive range of personal and business products and services. As a community mutual bank, NVE Bank is FDIC insured, doesn’t have stockholders and operates to benefit its customers and communities. The Bank maintains 11 offices conveniently located throughout Bergen County. For more information, please call their toll-free number 1-866-NVEBANK (683-2265) or visit their website at www.nve.bank.

 

 

April 2019

NVE Bank is "Serving Breakfast" to Needy Families

 

Englewood, NJ, April 2, 2019 - NVE Bank has launched a bank-wide Cereal food drive to benefit Bergen County families who rely upon the St. Cecelia Office of Concern Food Pantry.  Staffed completely by volunteers, the Office of Concern Food Pantry, located at 55 West Demarest Avenue in Englewood, supplies weekly groceries to over 800 families in Bergen County communities.   The food drive, part of the Office of Concern's "Share Breakfast" program will help Pantry volunteers provide their clients with healthy and nutritious breakfast food choices.  Donations of non-perishable breakfast food items will be accepted through Tuesday, April 30th at all NVE Branches.

NVE Bank, established in 1887, offers an extensive range of personal and business products and services. As a community mutual bank, NVE Bank is FDIC insured, doesn’t have stockholders and operates to benefit its customers and communities. The Bank maintains 11 offices conveniently located throughout Bergen County. For more information, please call their toll-free number 1-866-NVEBANK (683-2265) or visit their website at www.nve.bank.

 

 

February 2019
NVE Bank Appoints Alex Marmolejos as Branch Manager

Englewood, NJ, February 28, 2019 – Robert Rey, President and Chief Executive Officer of NVE Bank, has announced that Alex Marmolejos has been appointed as a Branch Manager for NVE Bank.

Mr. Marmolejos has 8 years of banking experience, all spent at Wells Fargo Bank, where he most recently served as a Branch Manager in Parsippany, NJ.  He earned his Bachelor of Science degree in Marketing from the Technological University of Santiago.  Mr. Marmolejos resides in Paterson, New Jersey.

NVE Bank, established in 1887, offers an extensive range of personal and business products and services. As a community mutual bank, NVE Bank is FDIC insured, doesn’t have stockholders and operates to benefit its customers and communities. The Bank maintains 11 offices conveniently located throughout Bergen County. For more information, please call their toll-free number 1-866-NVEBANK (683-2265) or visit their website at www.nve.bank.

 

January 2019

NVE Bank Appoints Zahyra Restrepo as Teaneck Branch Manager

Englewood, NJ, January 7, 2019 – Robert Rey, President and Chief Executive Officer of NVE Bank, has announced that Zahyra Restrepo has been appointed as Branch Manager for NVE's Teaneck Road branch, located at 1505 Teaneck Road, Teaneck, New Jersey.

Ms. Restrepo has 8 years of banking experience, all spent at Wells Fargo Bank, where she most recently served as a Business Banking Specialist.  She earned her Bachelor's degree in Fashion and Design from the Arturo Tejada Cano Design and Marketing School in Bogota, Columbia.  Ms Restrepo is fluent in both English and Spanish, and resides in New Milford.

NVE Bank, established in 1887, offers an extensive range of personal and business products and services. As a community mutual bank, NVE Bank is FDIC insured, doesn’t have stockholders and operates to benefit its customers and communities. The Bank maintains 11 offices conveniently located throughout Bergen County. For more information, please call their toll-free number 1-866-NVEBANK (683-2265) or visit their website at www.nve.bank.

January 2019

NVE Bank Appoints Brian Uhlfelder as Tenafly Branch Manager

Englewood, NJ, January 3, 2019 – Robert Rey, President and Chief Executive Officer of NVE Bank, has announced that Brian Uhlfelder has been appointed as Branch Manager for NVE's Tenafly location, at 80 County Road, Tenafly, New Jersey.

Mr. Uhlfelder has 4 years of banking experience, having served as a Relationship Banker at JP Morgan Chase in Nyack, New York.   He also has extensive customer service experience, having previously held various supervisory positions with Medicaid Services in White Plains, New York.

Mr. Uhlfelder earned his BS in Sociology from the State University of New York at New Paltz.  In addition, he was awarded a Master of Science degree in Human Resource Management from Mercy College.  Mr. Uhlfelder and his family reside in New City, New York.

NVE Bank, established in 1887, offers an extensive range of personal and business products and services. As a community mutual bank, NVE Bank is FDIC insured, doesn’t have stockholders and operates to benefit its customers and communities. The Bank maintains 11 offices conveniently located throughout Bergen County. For more information, please call their toll-free number 1-866-NVEBANK (683-2265) or visit their website at www.nve.bank.

January 2019

NVE Bank Earns Elite 5-Star Rating
BauerFinancial Inc. Award Rating for 23rd Consecutive Quarter

Englewood, NJ,  January 1, 2019 – BauerFinancial Inc., the nation’s largest bank rating firm, has announced that NVE Bank has earned its coveted 5-Star Superior rating for the 23rd consecutive quarter. “A 5-Star rating indicates that NVE Bank is one of the strongest banks in the nation, excelling in such areas as capital, loan quality, profitability and much more”, said Karen L. Dorway, President of BauerFinancial. “Earning Bauer’s 5-Star designation proves that NVE Bank is getting it right.”

“Community banks aren’t pushing products or services on you that you don’t need or want” says Dorway. “They are there to provide a service and fill a need, which NVE Bank has been able to do seamlessly all while maintaining its pristine health.”

Established in 1887, the Englewood based community mutual bank has been servicing the people of northern New Jersey for 132 years. “As one of New Jersey’s strongest Mutual Banks, NVE has deep roots within the towns it serves and is singularly focused on helping our customers, local businesses and communities thrive”, said Robert Rey, President and CEO of NVE Bank. “Because we don’t have stockholders or the pressure to answer to Wall Street, we can concentrate on the people who really count…our customers”.

BauerFinancial, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt out of a BauerFinancial rating.

NVE Bank, established in 1887, offers an extensive range of personal and business products and services. As a community mutual bank, NVE Bank is FDIC insured, doesn’t have stockholders and operates to benefit its customers and communities. The Bank maintains 11 offices conveniently located throughout Bergen County. For more information, please call their toll-free number 1-866-NVEBANK (683-2265) or visit their website at www.nve.bank.

 

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