Kearny Federal Savings Bank is a federally-chartered stock savings bank wholly owned by Kearny Financial Corp. (MHC). The Bank was founded in 1884 and received its federal charter in 1941. Today it has assets of $2.9 billion and its deposits are insured by the Federal Deposit Insurance Corporation (FDIC).
A strong resolve by Kearny’s management team to remain true to sound, conservative practices in both lending and deposit growth with attention to local needs, has led to steady progress throughout the years. For greater than two decades now, the Bank has achieved a five-star rating from BauerFinancial, Inc. – marking it as one of the strongest banks in the nation with an enviable capital position.
With a retail branch network of 41 locations, the Bank’s footprint now covers nine New Jersey counties: Bergen, Essex, Hudson, Middlesex, Morris, Monmouth, Ocean, Passaic, and Union. Growth has been achieved through the completion of three whole bank acquisitions, assumption of deposits, along with brick and mortar expansion. The latest acquisition of Central Jersey Bank, on November 30, 2010, increased the Bank's branch network by adding 13 branches to the existing 27 locations.
The Bank’s state of the art corporate headquarters, centrally located in Fairfield, New Jersey, opened its doors in 2004, serving as the nucleus for the entire operation. Housing many of the integral departments and management teams, the 53,000 square foot space is poised to accommodate anticipated future growth of the organization.
A most proud moment came on February 24, 2005 as the "121 year old community bank founded in Kearny" joined the NASDAQ Stock Exchange. The stock offering raised a significant amount of capital to help finance planned expansion and provided employees, depositors and the public an opportunity to join in Kearny Federal Savings Bank's success.
By providing a superior level of service, we hope to earn your long-term loyalty and become your financial partner for many years to come. Whether it is a loan request, information on a deposit product or assistance with one of our other financial services, we pledge to respond quickly, professionally and in a manner that puts your needs first. |