NVE Bank: 2017 Year in Review

2017 was a special year here at NVE Bank, as we celebrated 130 years as a leading community mutual bank serving the people of northern New Jersey. Our mission to make a difference is in our DNA and we are so proud to continue the legacy of helping to build strong and healthy communities. While it would take far too long to recap every program, event or initiative that went toward accomplishing that mission in 2017, here are a few highlights.


If you are an NVE Bank customer, you’d have been hard pressed to overlook our 130th anniversary celebration. For a week in July, our branch locations were decked out for the occasion, as customers, neighbors and others throughout the communities we serve were invited to partake in our anniversary festivities. Activities included special offers, refreshments, T-shirts, fidget spinners and other giveaways, and a chance to win some serious prizes! Five lucky winners each received $500 StubHub® Gift Certificates to use for concerts, games or theatre experiences of their choosing. Everyone’s enthusiasm was contagious!



One of the keys to 130 years of success is creating a strong team. In other words, the company you keep is what keeps your company going! At NVE, we are proud to have curated a group of professionals who not only excel within their professional roles, but who also go above and beyond through customer service, volunteer work and other initiatives. We are always excited to expand the NVE family, and this year we welcomed First Senior Vice President, Retail Banking John Spencer; Leonia Branch Manager Lena Sung; Vice President, Retail Sales and Service Manager Jeffrey M. Dulle; and Assistant Secretary/Branch Manager of our Hillsdale location, Frank Chadwick.


American Heart Association Walk

NVE Bank served as a sponsor of the 2017 Bergen Passaic Heart Walk held on October 2nd at the Express-Scripts Campus in Franklin Lakes, New Jersey. We are proud to be a sponsor of this annual event which helps to raise awareness and funds to fight cardiovascular disease and stroke. NVE was also delighted to make a $5,000 donation to the AHA, supporting efforts to reduce death and disability from these diseases.


 Walk for Awareness

The Englewood Hospital and Medical Center Walk for Awareness was cancelled due to the inclement weather, but that didn’t stop us from supporting this amazing cause. Thanks to the dedication of NVE Bank employees, friends and family who signed up to walk, and our wonderful customers who helped us raise money for this worthy cause by purchasing pink ribbons at our branches, NVE successfully raised more than $4,000 for the Foundation’s fight to combat breast cancer!



 iPiggiBank Financial Literacy Program

NVE proudly sponsored two sessions of iPiggiBank’s 2017 Financial Literacy Class, Money Management 4 Kids. This innovative, eight-week financial literacy program, created by iPiggiBank, was delivered to first-graders at Bergen Family Center in Engelwood from January-March and, again, to second-graders attending the Bergen Family Center’s aftercare program at the Grieco School in Englewood from October through November.


10th Annual Scholarship Program

As part of a decade-long program offered by the bank, NVE awarded ten local high school seniors with $1,000 scholarships and seven graduating 8th grade students with $500 Savings Product Scholarship. Since the inception of the program, NVE Bank has awarded more than $150,000 to deserving students in Bergen County.


Teach Children To Save

We’ve said it before and we’ll say it again (and again): it’s never too early to reinforce the value of saving money! That’s why NVE Bank proudly carries out the mission of the American Bankers Association’s annual Teach Children to Save (TCTS) initiative, now in its 20th year. NVE Bank Branch Managers embarked on a month-long financial literacy teaching initiative delivering a series of lessons on good saving habits to classrooms throughout Bergen County, reaching more than 500 students! Thanks to all the wonderful schools, teachers, and students for welcoming us with open arms and letting us teach the value of saving and other lessons in financial literacy.



 National Rebuilding Day

During the last week in April each year, NVE Bank supports Rebuilding Together North Jersey’s National Rebuilding Day program, a part of National Rebuilding Month, by sponsoring a local project. The work done by volunteers from NVE, along with thousands of others nationwide, during this time provides needed and sometimes critical and life-saving repairs for vulnerable families in our communities. This year, our team helped make safety improvements to the home of one of our senior citizen neighbors in Westwood, New Jersey. NVE was also delighted to make a $7,500 donation to the organization!


Thanksgiving Food Drive and Turkey Distribution

NVE maintains a very close relationship with the St. Cecilia’s Office of Concern Food Pantry. We host several food drives during the course of a year for local families in need on behalf of the organization, whose volunteer staff supply weekly groceries to more than 800 families in Englewood and surrounding communities. Thanks to the generosity of our staff, customers, and many others in the community, we are able to consistently make substantial donations that go a long way. One example of this is NVE’s annual Thanksgiving Food Drive, through which we were able to collect many bags of food for the pantry’s recipients. NVE staff members also volunteered at the Pantry in the days leading up to Thanksgiving, helping to distribute 600 turkeys to needy families.

Thanks to all who made this year an enjoyable and successful one!

About NVE Bank

The NVE Blog should not be used for banking purposes relating to NVE Bank. Please do not disclose any personal or business banking information on this site. NVE is an Equal Opportunity Lender, Equal Housing and Member FDIC. Visit www.nve.bank. NVE Bank, established in 1887, offers an extensive range of personal and business products and services. The Bank maintains 11 offices conveniently located throughout Bergen County. For more information, please call our toll-free number 1-866-NVE-Bank (683-2265) or visit our website at www.nve.bank
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