1365 Palisades Ave
Fort Lee, NJ 07024

201–944–8600

Monday – Friday
7:00 am – 7:00 pm

Saturday
9:00 am – 1:00 pm


Privacy Policy


Corporate Governance
Code of Conduct: Employee
Code of Conduct: Directors

Welcome to Bank of New Jersey’s web site.

Chairman’s Message

Who are we?
Bank of New Jersey is a newly-chartered community bank with headquarters at 1365 Palisade Avenue, our new main office in the heart of Fort Lee, NJ which opened in May, 2006. Bank of New Jersey was successful in raising $43,600,000 in initial capital – the highest ever raised in the history of New Jersey banking, with no institutional investors and no underwriter. Accordingly, we have opened five additional offices.


The bank has turned a profit each and every month since its third month of existence (August 2006) and offers a full range of products as follows:





OUR VALUES
We pride ourselves on attracting and retaining the highest quality employees: three of our executives boast over 35 years’ banking experience each, and the majority of the existing staff were colleagues at BridgeView Bank, in our same market area which was merged in 2003.

We neither applied for nor accepted any T.A.R.P. (Troubled Asset Relief Program) money nor did we hold any FNMA or FHLMC stock. We offer no credit card portfolio, have no sub-prime mortgages or any mortgage-backed securities and no brokered deposits. We have not reduced even one client home equity credit line and continue to offer the same credit availability as good judgment dictates. The bank enjoys over $50,000,000 in total capital making it one of the safest institutions available.

IT’S ALL ABOUT RELATIONSHIPS
All Bank of New Jersey branches have full service business hours from 7:00 AM to 7:00 PM on weekdays and from 9:00 AM to 1:00 PM on Saturdays except the Hackensack office which is open from 8:00 AM to 6:00 PM on weekdays only. Branches have 24 hour ATMs as well as 24 hour telephone banking availability. All branches except Main Street, Fort Lee and Hackensack have drive-up facilities and our remote deposit feature is available for qualified businesses which want to avoid a trip to our office.

We answer our own telephones (Yes, the CEO too!) and you are invited to stop in and meet us where we offer a full line of deposit and loan products as well as free checking.


This is my promise; indeed, it is the covenant of Bank of New Jersey.

FDIC-Important Disclosure Regarding Transaction Account Guarantee Program

Bank of New Jersey is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through June 30, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.

MANAGEMENT SUCCESSION
Effective June 25, 2009 Michael Lesler was named President, Chief Operating Officer of Bancorp of New Jersey, Inc.. He will also join the Board of Directors of the Company and the Bank. A certified public accountant he served as Executive Vice President, Chief Financial Officer since the bank’s inception, previously serving in the same capacity at Bridge View Bank, Englewood Cliffs, NJ. Albert F. Buzzetti remains Board Chairman and Chief Executive Officer and states that management succession will be in good hands.

HONORS
Sandler O’Neill Partners, the nationally recognized bank analysts, announced in September 2009 the names and financial statistics of the 30 banks that comprise its “2009 All-Star Small-Cap Banks”* in the country, based upon numerous performance metrics. Bancorp of New Jersey, Inc. is proud to be a member of this prestigious group (and since Sandler O’Neill has no direct or indirect relationship with Bancorp of New Jersey, Inc. considers the report objective and free of conflict of interest).
*Less than $2 billion in capital.