Blue Foundry Bank Announces Donations in Excess of $70,000 to Local Charities through Its Community Alliance Program (CAP)
Trusted Bank strengthens commitment to the New Jersey community, making generous 2019 Q2 contributions.
RUTHERFORD, NJ—August 14, 2019—Blue Foundry Bank, one of northern New Jersey’s largest community banks and providers of financial services for more than 80 years, announced a 2019 Q2 payout of $70,132 to 140 local, New Jersey organizations enrolled in its Community Alliance Program (CAP).
The philanthropic program offers individuals and businesses a cost-free way to give back to their favorite regional non-profits, simply by holding an account at Blue Foundry Bank and designating it to an enrolled CAP organization. The program is completely confidential and all donations come directly from the Bank. In the 13-year existence of this program, the innovative bank has awarded a remarkable $3.8 million.
“Hundreds of organizations have been able to continue their meaningful work thanks to donations they have received through our Community Alliance Program,” said Debra Cannariato, Senior Vice President of Marketing at Blue Foundry Bank. “Giving back to organizations our account holders feel passionate about has always been a hallmark of our CAP program and we will continue to champion our customers, and our core values, through this effort.
Pictured: Theresa O’Keefe (Senior Vice President, Blue Foundry Bank) hands Father Michael Kreder (Pastor, Church of Saint Mary) a check for $179,819.99 representing the total amount of donations the church has earned through the bank’s Community Alliance Program (CAP) since they enrolled in 2008.
About Blue Foundry Bank: Founded as Boiling Springs Savings Bank in 1939 and headquartered in Rutherford, New Jersey, Blue Foundry Bank is a new kind of bank offering New Jersey full service, crafted banking. Its deposits are insured by the FDIC. With 17 branches throughout Bergen, Essex, Morris and Passaic counties, Blue Foundry is one of the area’s largest savings banks designed specifically for its people, the movers and shakers. Reflecting its deep roots within New Jersey, and efforts to continue to move the community forward, the bank became Blue Foundry Bank on July 1, 2019.
To learn more about Blue Foundry Bank visit BlueFoundryBank.com or call (201) 939-5000