Lakeland Bank Receives CIANJ and COMMERCE Magazine Best Practices Award

Oak Ridge, N.J. – Sept. 26, 2019 – Lakeland Bank is pleased to announce it has been presented with a Best Practices Award by the Commerce and Industry Association of New Jersey (CIANJ) and its flagship publication, COMMERCE Magazine.

“It is an honor for Lakeland to be recognized among the top businesses in New Jersey for its leadership style,” said Thomas Shara, CEO and president. “We measure performance by our seven years of consecutive earnings, growth of total assets to nearly $6.5 billion and expansion in new and existing marketplaces through organic and well-timed acquisitions. But to survive the challenges of an ever-changing industry and reach our full potential, we will continue to conduct business clearly and honestly; share our strategic plan and vision with all colleagues; ensure our associates have the skills and expertise they need to manage our business and meet the needs of our customers; and continually invest in technology.”

More than 150 business leaders from every industry sector, as well representatives from the higher education community, participated in the 6th Annual Best Practices Conference hosted by CIANJ and COMMERCE Magazine. The event encourages CEOs and other executives to share their best practices – innovative approaches to solving business challenges. This year CIANJ members and businesses at-large were asked to answer the questions: “How are you measuring and achieving peak performance as a company, and what is the secret behind your success.” All submissions were printed in the Best Practices issue of COMMERCE Magazine and distributed at the conference on Sept. 24.

A panel of judges, including Dale Caldwell, executive director of the FDU Rothman Institute of Innovation and Entrepreneurship; Robert Stramara, chief operating officer of the New Jersey Manufacturing Extension Program; Dean Paranicas, CEO of the Healthcare Institute of New Jersey, and CIANJ President Anthony Russo, reviewed the submissions and selected the ones to be honored at the conference.

About Lakeland Bank

Lakeland Bank is the wholly-owned subsidiary of Lakeland Bancorp, Inc. (NASDAQ:LBAI), which has over $6 billion in total assets. With an extensive branch network and commercial lending centers throughout New Jersey and Highland Mills, N.Y., the Bank offers business and retail banking products and services. Business services include commercial loans and lines of credit, commercial real estate loans, loans for healthcare services, asset based lending, equipment financing, small business loans and lines, and cash management services. Consumer services include online and mobile banking, home equity loans and lines, mortgage options and wealth management solutions. Lakeland is proud to be recognized as one of America’s Best-In-State Banks by Forbes and Statista, rated a 5-Star Bank by Bauer Financial and named one of New Jersey’s 50 Fastest Growing Companies by NJBIZ. Visit LakelandBank.com for more information.

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