Dear Valued Customer,
In 1887, what would eventually become NVE Bank was founded as the area’s first savings and loan association. That inaugural year ended with 100 members and $25,000 in assets—a humble beginning that set the foundation for 139 years of trusted community banking.
Today, as we begin our 139th year, we are proud to announce the successful completion of our merger with Ion Bank. As a division of Ion Bank, we are excited to bring you a broader range of innovative products and services, all while maintaining the personal, community-first approach that has always defined NVE Bank.
Our dedicated team of local professionals—many of whom live and work right here in Northern New Jersey—remain committed to delivering convenient, secure, and customer-focused banking solutions. With expanded digital capabilities, you now have the flexibility to bank in person at one of our local branches or remotely from your personal devices, anytime and anywhere.
While technology continues to evolve, our core values have not. We remain deeply rooted in the communities we serve. At NVE Bank, A Division of Ion Bank, social responsibility isn’t a slogan—it’s personal. Our employees volunteer hundreds of hours each year, and the bank continues to invest directly in the civic and charitable organizations that strengthen our neighborhoods.
As a mutual bank, we don’t answer to shareholders—we answer to you. That means we can prioritize your needs, whether it is supporting the children in the communities we serve through financial literacy programs, helping you grow your business, or guiding you through your first mortgage. We are committed to reinvesting in our communities and serving your best interests.
Together, as part of the Ion Bank family, we are building a stronger, more vibrant future. One rooted in shared values, mutual respect, and long-term relationships.
Thank you for being a part of our journey. We look forward to serving you for generations to come.
Warm regards,
Philip Vaz
NJ Regional President
NVE Bank, A Division of Ion Bank