OAK RIDGE, N.J. — May 2, 2016 — Lakeland Bank was pleased to commemorate the recent opening of its Hudson Valley Commercial Lending office with a ribbon cutting ceremony on April 20. The office, located 556 State Route 32 in Highland Mills, N.Y., represents the Bank’s first location in the state.
“We are excited about Lakeland’s entrance into the greater Hudson Valley market and now that our team has a permanent office, they can focus on leveraging their small and middle market lending expertise for the businesses in the region,” said Thomas Shara, President and CEO of Lakeland Bank.
John Rath, First Senior Vice President, Group Leader and his team will concentrate on developing new relationships in the Hudson Valley, which includes Orange, Dutchess, Ulster, Rockland, Westchester and Sullivan counties to support the Bank’s focus to provide business banking solutions in markets adjacent to its existing footprint. Bringing over 35 years of banking and commercial lending experience to Lakeland Bank, Rath was previously with TD Bank as Senior Vice President and Group Manager for Corporate, Middle Market, Commercial and Small Business lending activities in the Lower Hudson Valley region.
Before a gathering of Lakeland Bank colleagues, customers, elected officials and other members of the community, N.Y. State Assemblyman James Skoufis presented the Bank with a New York State Assembly Citation. Prior to the ribbon cutting, Lakeland Bank was pleased to present a special donation to representatives from the Town of Woodbury Police.
About Lakeland Bank
Lakeland Bank is the wholly-owned subsidiary of Lakeland Bancorp, Inc. (NASDAQ:LBAI), which has $4.4 billion in total assets. The Bank operates 53 New Jersey branch offices in Bergen, Essex, Morris, Passaic, Somerset, Sussex, Union and Warren counties; five New Jersey regional commercial lending centers in Bernardsville, Montville, Newton, Teaneck and Wyckoff/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.