FEBRUARY 2023
NVE Bank provides sponsorship and support for Annual NAACP Health Fair
NVE Bank provided sponsorship and support for the Third Annual NAACP Health Fair held on February 11^th at Grieco Elementary School in Englewood, NJ.  The Health Fair provided free health screens and educational seminars to the attendees.  The bank engaged participants and provided a fun game of “Spin the Wheel” where prizes could be won.  A great time was had by all for this very important community activity.  In attendance from NVE Bank were Desiree Chapman, Universal Banker from the Palisades Avenue Teaneck Branch, Donna Jennings, Universal Banker from the Engle Street Englewood Branch, Handan Koch Branch Manager from the New Milford Office, and Karen Melon VP of Retail Sales, Marketing and Community Development Officer.  NVE Bank truly cares about the health and wellbeing of the residents in the communities we serve and looks forward to participating in functions throughout the year.

          

JUNE 2022
NVE Bank Awards Scholarships to 15 Bergen County Students
The 2021-2022 school year can be described as one where we are returning to a new sense of normal. While there has been much uncertainty surrounding most aspects of daily life during the past few years, one thing we are certain of is how deserving NVE’s 2022 scholarship recipients are of this award. These scholarships are awarded to students based on scholastic aptitude and financial need, with the goal of helping to alleviate some of the costs associated with achieving a higher education.

$1,000 scholarships were provided to eight high schools and $500 savings products were provided to seven middle schools. The schools then selected the scholarship recipients. These student scholarships are part of a program that has been offered by the Bank since 2008; since the program’s inception, NVE has awarded more than $200,000 to 272 deserving scholars in Bergen County.  Meet the NVE Bank Scholarship Program class of 2022:

High School Scholars
Timothy Garcia (Teaneck High School) – William Paterson University
Melany Urena (Leonia High School) – Montclair State University
Paris O’Connor (Pascack Valley High School) –University of Miami
Tiarra Barnes (Cresskill High School) – University of Arizona
Carla Tavarez (Bergenfield High School) – State University of NY at Oneonta
Lori Oh (Tenafly High School) – Rutgers University
Martin Gallino (New Milford High School) – New Jersey Institute of Technology
Evan Quiros (Northern Valley High School) – Bergen Community College

Middle School Scholars
Lexi Madison Carnegie – Thomas Jefferson Middle School
Daniela Lopez – David Owens Middle School
Natalie Partsch – Janis Dismus Middle School
Angelina Echevarria – Roy Brown Middle School
Annabelle Atakhanian – Cresskill Middle School
Angel Porras – Benjamin Franklin Middle School
Miguel Cardenas – Leonia Middle School

SEPTEMBER 2020
NVE Bank awards $100K in grants to Bergen restaurants, makes
$10K donation to food pantry
NVE Bank has continued its philanthropic fight against the pandemic, awarding $100,000 in grants to Bergen County restaurants affected by COVID-19 and making a donation to a food pantry in Englewood, where the bank is based.

The latest grants will support restaurants that experienced a significant decrease in revenue due to the COVID-19 crisis, the bank said.

“With many local small businesses hit hard by the pandemic, we felt it was important to help however we could,” CEO and President Robert Rey said in a prepared statement. “For many of these businesses and organizations, large portions of their revenue have been curtailed due to the pandemic. NVE is thankful to be able to help them get back on track.”

In addition to the restaurants, the Office of Concern Food Pantry at St. Cecilia Church received a $10,000 donation. The food pantry has seen usage grow from 600 families weekly to closer to 1,000.

“Through the years, we have been fortunate to partner with the Office of Concern, and have witnessed firsthand the essential services they provide for our neighbors in need,” Rey said. “We are grateful to be in position to further assist their remarkable efforts to help others during this very difficult time.”

JULY 2020
NVE Bank Awards $100,000 in Grants to 10 Bergen County Non-Profits Impacted by COVID-19
NVE Bank has awarded $100,000 in grants to 10 Bergen County non-profit organizations impacted by COVID-19. The organizations are in Bergenfield, Closter, Cresskill, Englewood, Hillsdale, Leonia, New Milford, and Tenafly; each received $10,000. NVE’s grantees are dedicated to supporting education, food insecurity, home repair for low-income homeowners, nature preservation, and faith-based initiatives.

NVE Bank provided the funds in conjunction with the FHLBNY SBRG program. Grant funds are intended to support organizations that have experienced a significant decrease in revenue or unanticipated extraordinary expenses because of the ongoing COVID-19 crisis and are least likely to have access to other sources of emergency funds.

“As a community mutual bank, our mission is to ensure the people and organizations in the nine towns we serve remain strong, even in these difficult times,” said NVE Bank President and CEO Robert Rey. “We do not issue stock or exist to maximize investor returns for Wall Street, which allows us to focus on serving our customers and community. Our goal with these grants is to help those that help our communities. For many of these organizations, large portions of their revenue are secured through fundraising programs and events that were canceled due to the pandemic. NVE is thankful to be able to help them get back on track by providing these grants.”

NOVEMBER  2019
NVE Bank Launches Thanksgiving Food Drive
Donations will benefit St. Cecelia’s Office of Concern Food Pantry
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 900 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.

“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 & CEO of NVE Bank.  “Through our Food Drive, we hope to make Thanksgiving a little brighter for our neighbors in need”.

OCTOBER 2019
NVE Bank Sponsors Bergen-Passaic Heart Walk
Englewood Mutual Bank Donates $5,000 to the American Heart Association
Englewood, NJ, October 7, 2019 – NVE Bank served as a sponsor of the 2019 Bergen-Passaic Heart Walk held on October 6, 2019 at the Express-Scripts Campus in Franklin Lakes, New Jersey.  Employees of the Englewood-based community bank participated in the walk, which serves as a signature fundraising event of the American Heart Association.  In addition, NVE Bank donated $5,000 to the American Heart Association, supporting its efforts to reduce death and disability from cardiovascular diseases and stroke.  “Heart disease and stroke are the country’s Number 1 and Number 4 killers” said NVE President and CEO 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.”