North Jersey Community Bank Promotes Elizabeth Magennis to Executive Vice President

ENGLEWOOD CLIFFS, N.J., June 6, 2011 /PRNewswire/ -- North Jersey Community Bank (NJCB), the fastest growing bank in New Jersey, today announced that Elizabeth Magennis has been promoted to Executive Vice President. Magennis, who previously served as Senior Vice President and Chief Lending and Relationship Officer, will oversee all of the bank's lending activities as well as business development and customer relationship management. Since joining NJCB five years ago, Magennis has played a critical role in the bank's exceptional growth.

"Liz exemplifies NJCB's approach to relationship banking. She understands that first and foremost we are a customer service organization - working alongside our personal and business banking customers to help them achieve their goals," said Chairman and CEO Frank Sorrentino III. "Over the past five years, Liz has provided invaluable guidance to our lending team and to our customers."

Magennis joined NJCB in 2006 as Vice President/Commercial Loan Officer. After less than one year, she was promoted to the role of Senior Vice President, where she assumed responsibility for the bank's lending operations. In 2010, she acquired the additional title of Chief Relationship Officer. Prior to joining NJCB, Magennis was a Vice President and Commercial Loan Officer at Bergen Commercial Bank, SBA Underwriter/Lender at Sovereign Bank, Vice President and Branch Manager at Commercial Bank of New York and Senior Personal Banker at Bank of New York. Magennis holds a BA in psychology from Ramapo College and an AS in business administration from St. John's University.

NJCB offers a complete range of financial services for both personal and business customers, backed by advanced technology. The bank provides a full-line of banking products and services, including mortgages, home equity loans and lines of credit, as well as a wide selection of commercial services. Its "Simply Better Money Market Account," with one of the highest rates in the area, is available for both business and personal accounts and includes free checking and free online bill pay, and now mobile banking.  Each of its branches feature NJCB's exclusive "Coin Toss" free coin counting machine as well as extended lobby hours from 7:00 a.m. to 7:00 p.m., Monday through Friday and 9:00 a.m. to 1:00 p.m. Saturday. NJCB also provides 24-hour ATM service and free online banking at www.njcb.com.

About North Jersey Community Bank (NJCB):

North Jersey Community Bank was founded by local community and business leaders to provide the highest level of personalized community banking services to Northern New Jersey. With a strong commitment to the communities it serves, the bank offers a variety of innovative deposit and loan products. 

NJCB was recently recognized among the "Top Five Best Performing Community Banks in the Nation" by SNL Financial, a leading provider of news and data on the banking and financial services industry. Additionally, NJCB received a top 10 ranking on NJBIZ's 50 Fastest Growing Companies List, was a finalist for the publication's Emerging Business of the Year award and was named to Inc. Magazine's Inc. 500|5000 list as the 64th fastest growing bank in the country.

In addition, NJCB was also a recipient of the Forbes® Enterprise Awards--the most esteemed and sought after small-business awards in the United States. The Forbes® Enterprise Awards honor the visionary practices and exemplary achievements of a select few small businesses.

NJCB is an Equal Housing and Equal Opportunity Lender, and a member of the Federal Deposit Insurance Corporation.  For more information, call 201-816-8900, go online to the bank's website at www.njcb.com, or visit NJCB's Facebook page at www.facebook.com/NJCBfan

SOURCE North Jersey Community Bank