Oak Ridge, N.J. – June 1, 2020 – Lakeland Bank is pleased to announce that President and CEO Tom Shara was recently installed as Chairman of the New Jersey Bankers Association’s (NJBankers) Board of Directors for the 2020-2021 fiscal year.
“It is an honor to be a part of the NJBankers leadership team and I look forward to joining John Fitzgerald and Christopher Maher and the rest of the Board of Directors to advocate for our membership’s interests especially during these challenging and uncertain times,” said Shara.
Shara has served several terms over the years on the NJBankers Board of Directors. He also serves on the Board of Trustees of the Boys and Girls Club of Paterson and Passaic, the Board of Directors of the Commerce and Industry Association of New Jersey, the Board of Governors of the Ramapo College Foundation and the Chilton Medical Center Foundation. Shara was named President and Chief Executive Officer of Lakeland Bancorp, Inc. and Lakeland Bank in April 2008.
The primary mission of NJBankers is to represent the membership’s interests before state and federal government and regulatory authorities. In addition, NJBankers provides members with services and support in public and media relations, education and employee health insurance benefit programs. Magyar Bank President and Chief Executive Officer, John S. Fitzgerald, was named first vice chairman of NJBankers and OceanFirst Bank Chairman, President and CEO, Christopher D. Maher, was named second vice chairman. The Officers will preside over the NJBankers Board of Directors in these roles for a term of one year.
About Lakeland Bank
Lakeland Bank is the wholly-owned subsidiary of Lakeland Bancorp, Inc. (NASDAQ:LBAI), which has over $7 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 New Jersey’s #1 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.