Columbia Bank is proud to announce the grand opening of its newest branch located at 177 3rd Avenue, Paterson, NJ. As part of the Bank’s ongoing commitment to providing convenient banking services, the branch offers a full-suite of consumer and business banking solutions, drive-thru services, digital rate displays, and a team of seasoned professionals eager to assist the community.
Paterson Mayor André Sayegh, town Council members, Thomas J. Kemly, President and CEO of Columbia Bank, bank executives, local Paterson non-profits, and businesses, shared in the celebrations at a ribbon cutting ceremony held on February 20th. The Paterson branch is currently welcoming visitors and offering an exclusive Certificate of Deposit promotion.
"Columbia Bank has supported the Paterson community for decades through neighboring branches, affordable home loans, non-profit and business banking solutions," said Thomas J. Kemly, President and CEO of Columbia Bank. "Through our newest location, local residents can feel confident that our nationally recognized customer service, and competitive financial solutions are now more convenient than ever. We are proud to have joined such a strong and vibrant community and look forward to enhancing our impact within the city."
"It is the residents and small businesses of Paterson that win," said André Sayegh, Paterson Mayor. "Not only is the new branch creating better access to financial services, lending solutions, and opportunities for savings and credit, we are empowering the residents of Paterson. We aim to empower our residents and continue long-term wealth and stability within our community."
As part of Columbia’s community support efforts, the Bank is hosting its "Banking for a Cause" program. For each new checking or savings account opened at the location, $10 will be donated to participating Paterson-based charities/non-profits of the customer’s choice. Furthermore, on May 31, 2025, the donations will be tallied, and Columbia Bank will provide additional funds to the designated local organizations:
- $1,000 given to the charity that receives the most donations
- $500 given to the charity with the 2nd most donations
- $100 given to the remaining charities