Lakeland Bank Honored for Scholarship Program

CIANJ puts spotlight on Companies That Care

Oak Ridge, N.J., March 30, 2017 – Lakeland Bank was honored by The Commerce and Industry Association of New Jersey (CIANJ) and COMMERCE Magazine for its Annual Scholarship Golf Outing which provided scholarships to students from 50 local high schools in 2016.

“The Bank has hosted the Scholarship Golf Outing for 44 years, and we will continue to raise funds to support those who need help to pursue a higher education,” said Thomas Shara, president and chief executive officer of Lakeland. “Through this event, over $1 million has been distributed to local students who have demonstrated academic success and need financial assistance to attend college.”

Thirty-nine companies, including leading manufacturers, retailers, hospitals, banks and colleges and universities, were honored as “Champions of Good Works” at the gala reception, attended by more than 260 business executives. The Fourth Annual Chairman’s Reception, paying tribute to the kindness and generosity of the business community, was held at Nanina’s In the Park in Belleville. This year’s champions were chosen by a blue-ribbon panel of judges, which also named Hackensack Meridian Health and its affiliate, South Ocean Medical Center, as the 2017 Extraordinary Good Works recipient.

“For most of the companies that we are honoring tonight, their generosity and kindness is part of their culture,” said Andrew Silverstein, a member of the accounting firm Dorfman Abrams Music, who welcomed all the guests as chairman of the CIANJ board of directors. “The public is often unaware of the magnitude and scope of these good works. This reception is our way of shining a spotlight on “Companies that Care,” Silverstein added.

CIANJ is a statewide business advocacy organization, representing more than 950 corporate members from every industry sector. The organization asked the business community to share stories of its philanthropy. Their stories became a special section of the March issue of COMMERCE Magazine which was distributed at the reception.

About Lakeland Bank

Lakeland Bank is the wholly-owned subsidiary of Lakeland Bancorp, Inc. (NASDAQ:LBAI), which has $5.1 billion in total assets. The Bank operates 52 New Jersey branch offices in Bergen, Essex, Morris, Ocean, Passaic, Somerset, Sussex, and Union counties and one branch in Highland Mills, New York; six New Jersey regional commercial lending centers in Bernardsville, Jackson, Montville, Newton, Teaneck and Waldwick; and two commercial loan production offices serving Middlesex and Monmouth counties in New Jersey and the Hudson Valley region of New York. Lakeland Bank offers an extensive suite of financial products and services for businesses and consumers. Visit LakelandBank.com for more information.

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