In the News

 

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.

 

November 2018

NVE Bank Spreads Thanksgiving Cheer to Neighbors in Need
Staff members volunteer at Office of Concern Food Pantry

Englewood, NJ, November 26, 2018 - NVE Bank coordinated a Thanksgiving food drive during the month of November to benefit the families who rely upon the Office of Concern Food Pantry located at St. Cecilia's church in Englewood.  Through donations by staff and customers, NVE was able to donate over 75 bags of food to the pantry, whose volunteer staff supply weekly groceries to over 800 families in Englewood and surrounding communities.  Staff members also volunteered at the Pantry, distributing turkeys to needy families in the days prior to Thanksgiving.

"The volunteers who staff the Office of Concern Food Pantry are true heroes who work year round to help those in need.  NVE Bank was honored to be part of their efforts this Thanksgiving" said Robert Rey, President and CEO of NVE Bank.

NVE Bank, established in 1887, offers an extensive range of personal and business products and services. 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.

October 2018

NVE Bank Launches Thanksgiving Food Drive
Donations will benefit St. Cecilia’s Office of Concern Food Pantry

Englewood, NJ, October 15, 2018 - NVE Bank has launched a bank-wide Thanksgiving food drive to benefit the families who rely upon the St. Cecilia 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 Englewood and surrounding communities and is the largest single location food pantry in Bergen County. NVE is asking for donations of non-perishable food items such as canned fruits and vegetables, pasta, breakfast cereals, cranberry sauce and stuffing. Food donations will be accepted through Wednesday, November 14, 2018 at all NVE’s 11 branches located throughout Bergen County.

“As a Mutual Bank, NVE has deep roots within the towns we serve and is committed to ensuring that our communities remain healthy and strong”, commented Robert Rey, President and CEO of NVE Bank. “Through our Food Drive, we hope to make Thanksgiving a little brighter for our neighbors in need”.

NVE Bank, established in 1887, offers an extensive range of personal and business products and services. 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.

 

July 2018

NVE Bank Receives Jewish Standard Readers’ Choice Award
The Englewood-based Mutual bank is awarded top honor for 9th year

Englewood, NJ, July 12, 2018 - NVE Bank has once again been awarded First Place in the Community Bank category of the Jewish Standard publications annual Readers’ Choice Award. "As one of New Jersey's strongest Mutual Banks, we are honored and proud to be voted favorite community bank among Jewish Standard readers in Bergen, Hudson and Passaic Counties," noted Robert Rey, President and CEO of NVE Bank. "This is a particularly valuable vote of confidence and trust from our loyal customers as 2018 marks our 131st Anniversary serving the communities of northern New Jersey".

NVE was given "thumbs up" as the best in its category of community banks, by close to 1,000 voters that responded to the weekly publication’s annual survey. The complete survey is included as an insert in the July 27th edition of the Jewish Standard.

NVE Bank, established in 1887, offers an extensive range of personal and business products and services. 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.

June 2018

NVE Bank Donates $1,000 to Office of Concern Food Pantry
Donation will fund the Pantry's "Project Product Protection"

Englewood, NJ, June 30, 2018 - NVE Bank made a $1,000 donation to the Office of Concern Food Pantry at St. Cecilia Church in Englewood to fund the Pantry's Product Protection initiative.  The donation will cover the cost of purchasing durable storage containers to ensure that the food products collected through donations are adequately stored and protected against heat and moisture.

"Through the years we have been fortunate to partner with the Office of Concern on food drive initiatives and our staff members volunteer every Thanksgiving at the Pantry", said Robert Rey, President & CEO of NVE Bank. "So we have witnessed firsthand the amazing work that these dedicated volunteers do to assist our neighbors in need.  We were grateful to have been able to purchase a new van for them several years ago, and are proud to further assist their efforts to help others through Project Product Protection".

NVE Bank, established in 1887, offers an extensive range of personal and business products and services. 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.

June 2018

NVE Bank Grants $1,000 Scholarships to 10 Bergen County Students
Bank Hosts 11th Annual Scholarship Ceremony for Students and Family

Englewood, NJ, June 19, 2018 - NVE Bank awarded a $1,000 Scholarship to ten area high school seniors at a reception hosted by the bank at its Englewood headquarters on June 19th. The scholarships are part of a program that has been offered by the Bank for the past eleven years, and extends to area middle schools, where seven graduating 8th grade students were selected to receive a $500 Savings Product Scholarship. Since the inception of the program, NVE Bank has awarded over $165,000 to deserving scholars in Bergen County.

NVE President & CEO Robert Rey presented the students with their scholarships at the reception, which was attended by NVE executives, members of the bank’s board of directors, school officials and student family members. "As a Mutual Bank, our focus is always on putting our customers and communities first" said Mr. Rey. “Reinvesting our financial and personal resources to make a difference in the towns we serve is the simply the right thing to do and our scholarship program is emblematic of that mission” he continued. "All of us at NVE salute our 2018 recipients and wish them well as they pursue their educational goals".

High School recipients included Haemi Lee – Leonia High School; Olivia Sher – Cresskill High School; Alyssa Mehl – Pascack Valley High School; Serena McKeon – Northern Valley Regional High School; Soo Hyum – Academies at Englewood; Candis Balkaran – Dwight Morrow High School; Chelse Salnave – Bergenfield High School; Jessica Perrone – New Milford High School; Patrick Williams – Teaneck High School and Miguel Angel Rosales Morales – Tenafly High School.

Middle School recipients included Robert Keating – Benjamin Franklin Middle School; Hannah Kim – Cresskill Middle School; Layla Williams – Thomas Jefferson Middle School; Nobonita Dimitra – Janis Dismus Middle School; Xavier Thompson – Leonia Middle School; Alyssa Fuld – David Owens Middle School; Marcelino Morales – Roy Brown Middle School.

NVE Bank, established in 1887, offers an extensive range of personal and business products and services. The Bank maintains 11 offices conveniently located throughout Bergen County. For more information, please call their toll-free number 1-866-NVE-BANK (683-2265) or visit their website at www.nve.bank.

 

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