PARSIPPANY — Gibraltar Bank, one of New Jersey’s most trusted community banking institutions for over a century, has announced a new program that waives loan origination fees for community service employees. Effective immediately, and available at each of the Bank’s three branches in Parsippany, Oak Ridge and Newark, the Community Bank Partnership Program waives origination fees for community service employees on a wide selection of home loans. Gibraltar Bank is located at 1719 Route 10 East.
Available to most community service employees – including teachers, police officers, firefighters, and EMTs – the new program also offers reduced interest rates on portfolio loans, such as home equity loans, as well as Totally Free Checking and Savings Accounts with no minimum balance.
The initiative rose out of Gibraltar Bank’s desire to, as Bank President Robert Walsh explained, “Serve the ones that serve our communities.” Community personnel, he says, are the fabric that holds local communities together, and this is the Bank’s way to both appreciate and incentivize community service employment.
“Waiving loan origination fees for our valued community service employees is a way to attract the pillars of the communities we serve – the exemplary men and women who keep us safe, teach our children, and keep their communities running,” continued Mr. Walsh. “These folks are VIP members of their communities, and we want to be the Bank they turn to for loans and other financial services.”
Gibraltar Bank is one of New Jersey’s oldest and most trusted community banking institutions, one which has been helping residents and businesses achieve their financial goals for over a century. Gibraltar Bank’s ongoing mission is to provide FDIC-insured deposits, promote homeownership, and consistently offer a customer friendly selection of products and services that help individuals prosper.
Gibraltar Bank has three branch offices located in Essex and Morris Counties, each with a highly-trained management and customer service team. For more information, visit a branch office, call (973) 515-0885 or click here.