Columbia Bank New Jersey

What Columbia Bank New Jersey does

Columbia Bank New Jersey is a regional, FDIC-insured community bank headquartered in Fairfield, NJ, founded in 1920 and now operating through parent Columbia Financial, Inc. (NASDAQ: CLBK). It offers a full-service consumer and commercial banking platform across personal checking, savings, CDs, credit cards, mortgages, home equity, student lending, business checking, treasury management, commercial loans, specialty lending (equipment financing, asset-based lending, middle-market solutions), escrow services, and dedicated independent education banking — augmented by three wholly-owned subsidiaries: First Jersey Title Services, Columbia Insurance Services, and Columbia Investment Services. Distribution is delivered through 60+ New Jersey branches, an nCino/Salesforce-built Commercial Lending Connect portal, online and mobile banking (iOS/Android), Zelle P2P, IntraFi ICS/CDARS for extended FDIC coverage, and Centrix-based Positive Pay fraud controls.

The bank generates revenue through net interest income (spread between loan portfolio — mortgages, commercial, home equity, consumer — and deposits), non-interest income (deposit account fees, overdraft, treasury management, credit card interchange), mortgage banking revenue (origination, servicing, and gain-on-sale), and subsidiary commissions. Customer concentration is on individuals, small and mid-sized businesses, non-profits, independent schools, and middle-market companies across New Jersey and adjacent geographies (southeast NY, southeast PA), with multi-lingual CRA-focused mortgage account executives serving historically underserved census tracts. The technology architecture is pragmatic — modern digital channels layered on a legacy community banking core, with differentiation coming from integrated subsidiaries, length-of-relationship switching costs, and an unusually active M&A program (Stewardship Financial, Roselle Bank, Freehold Bank, RSI Bank, and the announced $597M Northfield Bancorp merger closing in Q3 2026), which combined with a second-step conversion offering of up to 192,625,000 shares at $10.00 per share, will yield ~$18B in pro forma assets and New Jersey's third-largest regional bank ranking.

The bank's strategic positioning emphasizes community reinvestment (Columbia Bank Foundation, affordable housing grants up to $10,000), local decision-making, and high-touch branch banking — paired with commercial digital tooling for SMB customers. CEO-level oversight was restructured in January 2026, with Dennis E. Gibney elevated to Chief Banking Officer (consolidating finance, credit, legal, commercial, consumer, and technology) and Thomas Splaine, Jr. appointed CFO, signaling operational consolidation ahead of integration of Northfield.

Name

Columbia Bank New Jersey

Legal name

Columbia Bank

Website

https://columbiabankonline.com

Company type

Public

Founded year

1920

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Columbia Bank is a New Jersey-based FDIC-insured regional bank offering consumer and commercial deposits, mortgages, home equity loans, and specialty lending through 60+ branches and digital channels. It serves individuals, small and mid-sized businesses, non-profits, and independent schools, and is the operating subsidiary of Columbia Financial, Inc. (NASDAQ: CLBK).

Ownership category

akta.pro rank

Product category

Retail and Commercial Banking

NAICS

Commercial Banking (52211), Savings Institutions and Other Depository Credit Intermediation (522180)

SIC

State Commercial Banks (6022), Savings Institution, Federally Chartered (6035)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industries

Jumbo & Portfolio Wholesale Lending (FSALACAF), Consumer & Retail (CPG, Food, Apparel) (FSABACAM)

Keywords

• Retail banking services
• Commercial lending solutions
• Mortgage and home equity loans
• Treasury management services
• Community banking New Jersey

Headquarters

HQ city

Fair Lawn

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Net Interest Income: Primary revenue stream from the spread between interest earned on loans (mortgages, commercial loans, home equity, consumer loans) and interest paid on deposits (checking, savings, CDs, money market accounts). As a regional bank with approximately $18 billion in combined assets post-merger, net interest income from lending activities represents the core earnings driver.
2. Non-Interest Income: Fee income from deposit account maintenance, overdraft fees, ATM fees, wire transfer fees, treasury management services, and other banking service charges. Also includes income from credit card transactions.
3. Mortgage Banking Revenue: Revenue from originating and selling mortgage loans including origination fees, servicing income, and gain on sale of mortgage loans into the secondary market.
4. Subsidiary Income: Revenue from wholly-owned subsidiaries including Columbia Insurance Services (insurance commissions), First Jersey Title Services (title insurance and settlement services), and Columbia Investment Services (investment product referrals).

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels7 records

Core offering

Columbia Bank is a New Jersey-based regional bank providing consumer and commercial banking products. Core offerings include personal checking, savings, CDs, credit cards, mortgages, home equity loans, and student lending, alongside business checking, commercial loans, specialty lending (equipment, asset-based, middle-market), treasury management, and escrow services. Distribution relies on a 60+ branch network plus online and mobile banking, with cross-sell into wholly-owned insurance, title, and investment services subsidiaries.

Product overview

Columbia Bank is a regional banking institution offering a unified platform of consumer and commercial banking products. The core offering spans personal banking (checking, savings, CDs, credit cards, mortgages, home equity, student lending) and business banking (checking, savings, commercial loans, specialty lending, treasury management, escrow services). The bank operates several sub-brands including First Jersey Title Services (wholly-owned title insurance subsidiary), Columbia Insurance Services (brokerage), and Wealth Management. Digital banking is delivered through online and mobile platforms plus an nCino-powered Commercial Lending Connect portal. Specialty programs include Independent Education banking for schools and comprehensive Affordable Housing programs with grants up to $10,000 for qualifying borrowers. Extended FDIC coverage is available through IntraFi networks.

Differentiator

Problem solved

Functional benefit

Brands

• Columbia Insurance Services: Insurance services offered through Columbia Bank's subsidiary, leveraging a network of well-known insurance providers.
• First Jersey Title Services
• Commercial Lending Connect

Products and services

• Personal Checking Accounts Multi-variant checking accounts for retail consumers offering nationwide ATM fee rebates, no overdraft fees, and tiered interest rates via the Advantage Rewards Program. Includes Ideal Checking, Forward Checking, Advantage Plus Checking, and Senior Checking options.
• Personal Savings and CDs Personal savings products spanning Yield Money Market, Personal Money Market, Statement Savings, and Kids Count Savings, plus Certificates of Deposit, Traditional and Roth IRAs, Health Savings Accounts, and Coverdell Education Savings Accounts for retail customers.
• Personal Credit Cards Personal credit card products with options for no annual fee, cash back rewards, and no foreign transaction fees, available to retail consumers.
• Mortgage Loans Comprehensive residential mortgage offerings for consumers including purchase mortgages, FHA mortgages, construction-to-permanent loans, refinance options, no-fee refinance, low-fee purchase programs, and expedited pre-approval programs with 24-hour and 48-hour turnaround options.
• Home Equity Loans and Lines of Credit Home equity financing products including fixed-rate home equity loans and variable-rate home equity lines of credit with draw periods up to 10 years and repayment terms up to 20 years, allowing homeowners to borrow against accumulated equity.
• Student Lending Student loan products designed to help finance higher education expenses for borrowers and their families.
• Business Checking Accounts Business checking products including Everyday Business Checking (500 free monthly transactions and up to $10,000 in coin/currency deposits), Business Analysis Checking with earnings credit rate, and Columbia Cares Non-Profit Checking for 501(c)(3) organizations.
• Business Money Market and Savings Business money market account featuring tiered-rate interest, automatic sweeps from operating accounts, and no daily minimum balance or monthly maintenance service charges, designed for business cash management.
• Business and Commercial Credit Cards Business and commercial credit cards with employee card controls, configurable spending limits, and expense management features for organizational purchasers.
• Commercial Loans Commercial lending products including term loans, lines of credit, commercial mortgages, construction financing, and commercial real estate loans, originated through the Commercial Lending Connect nCino-powered portal.
• Specialty Lending (Equipment, Asset-Based, Middle Market) Specialized commercial financing including equipment financing (application-only loans up to $350,000; fixed-rate 100% financing from $35,000; terms 24-72 months), middle-market solutions (revolving lines of credit, project financing, M&A financing), and asset-based lending (advance rates up to 90% on accounts receivable and 55% on inventory; credit needs from $1.5MM to $25MM).
• Treasury Management Services Treasury management services supporting cash flow management, fraud prevention, and operational efficiency for business customers, including ACH and wire origination, Positive Pay, remote deposit capture, and reporting tools.
• Escrow Services Escrow account management services for landlords, attorneys, and businesses managing sub-accounts, with a complimentary digital solution to track, fund, and manage escrow and security accounts through online or mobile banking, including year-end tax reporting and client certification management.
• Digital Banking (Bank on the Go) Online and mobile banking platform providing account management, bill pay, mobile check deposit, Zelle peer-to-peer payments, and business banking features including user management and transaction controls, accessible via iOS and Android applications.
• Commercial Lending Connect Portal nCino-powered online portal that allows business customers to apply for select commercial loans online, upload documents, and track loan status via a personalized To-Do dashboard and secure login.
• First Jersey Title Services Wholly-owned subsidiary providing title insurance services, integrated with the bank's mortgage closing process; one of the largest title agencies in New Jersey.
• Columbia Insurance Services Insurance brokerage services offered through the bank's wholly-owned subsidiary, leveraging a network of providers to bid out policies and find optimal coverage and pricing for customers.
• Wealth Management (Columbia Investment Services) Wealth advisory services with a personalized approach to financial planning and investment management, offered through wholly-owned subsidiary Columbia Investment Services Inc.
• Independent Education Banking Specialized banking solutions for independent schools and educational institutions, including working capital lines of credit, capital campaign bridge financing, construction and permanent real estate loans, equipment financing, tax-exempt bond financing, and treasury management services.
• Affordable Housing Programs (Advancing Access and Access Homeownership Grant) CRA-aligned affordable housing initiatives offering discounted mortgage rates, down payment/closing cost grant assistance up to $10,000 under the Advancing Access program, up to $5,000 Access Homeownership Grants, and PMI waivers for qualified first-time borrowers in historically underrepresented communities.
• Equipment Financing Equipment financing offering application-only loans up to $350,000, financing from $35,000 and above, fixed-rate 100% financing, and terms ranging from 24 to 72 months, available to businesses in New Jersey and 15 additional states.
• Extended FDIC Coverage (IntraFi ICS and CDARS) Through the IntraFi network, customers can access multi-million-dollar FDIC insurance coverage beyond the standard $250,000 limit by placing deposits across multiple network banks via ICS (Insured Cash Sweep) and CDARS (Certificate of Deposit Account Registry Service).

Quantifiable outcome

• 18-Month CD promotional rate of 4.10% APY
• +6 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• Northfield Bancorp, Inc.coreStrategic or Co-development Partner · 21 May 2026Northfield Bancorp, Inc. (parent of Northfield Bank) is being acquired by Columbia Financial, Inc. in a $597 million merger. Upon closing, Northfield Bank will become a subsidiary of Columbia Financial, creating New Jersey's third-largest regional bank with approximately $18 billion in combined assets. The merger is contingent upon completion of Columbia's second-step conversion and is expected to close in Q3 2026.
• Federal Reserve BoardcoreOthers · 8 May 2026The Federal Reserve Board approved applications by Columbia Bank MHC and Columbia Financial, Inc. to establish a new top-tier holding company and to acquire Northfield Bancorp, Inc. The approvals enable Columbia Financial, Inc. to become a savings and loan holding company by acquiring Columbia Bank, and to indirectly acquire Northfield Bank through the Northfield Bancorp acquisition.

Scale indicators8 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• ConnectOne Bancorp: NJ-based commercial bank holding company (NASDAQ: CNOB) focused on commercial and consumer banking across NJ and NY — comparable community banking franchise with similar SMB and mortgage lending focus.
• Kearny Financial Corp. NJ-headquartered savings and loan holding company (NASDAQ: KRNY) operating Kearny Bank with a multi-state branch footprint — comparable thrift-style community bank with mortgage and consumer deposit focus.
• Lakeland Bancorp: NJ-based community commercial bank (NASDAQ: LBAI) offering consumer and business banking, mortgages, and commercial lending in northern NJ — overlapping footprint and product set with Columbia.
• Northfield Bancorp: NJ/NY-area bank holding company (NASDAQ: NFBK) currently being acquired by Columbia Financial — directly comparable community banking model and the explicit merger counterpart.
• Valley National Bancorp: A New Jersey-headquartered regional bank holding company (NASDAQ: VALY) of similar scale with consumer and commercial banking, mortgage, and wealth businesses — the most direct comparable to Columbia by footprint and product mix.
• OceanFirst Financial Corp. NJ-headquartered bank holding company (NASDAQ: OCFC) with similar community banking, mortgage, and commercial lending model across NJ and the greater Mid-Atlantic — a close peer in size and strategy.
• Provident Financial Services: NJ-based regional bank holding company (NYSE: PFS) operating Provident Bank with consumer, mortgage, and commercial banking products across NJ and PA — directly overlapping Columbia's core markets.

Regional players

• Customers Bancorp: PA-headquartered regional bank (NYSE: CUBI) with commercial lending, equipment financing, and digital banking franchises — comparable specialty commercial lending model though more PA/NY-centric than NJ-focused.

Broad incumbents

• F.N.B. Corporation: Mid-Atlantic regional bank holding company (NYSE: FNB) operating across PA, NJ, NY, and adjacent states with consumer and commercial banking — a larger incumbent competing in overlapping NJ/PA markets.
• WSFS Financial Corporation: Philadelphia-area bank holding company (NASDAQ: WSFS) with consumer, commercial, and wealth management — comparable Mid-Atlantic community bank with adjacent NJ/PA footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/columbiabank
• YouTubeyoutube.com/channel/UCbmgXYnNMpGwSt1Ugt4402Q
• Facebookfacebook.com/columbiabank
• LinkedInlinkedin.com/company/columbia-bank-new-jersey
• Instagraminstagram.com/columbia.bank

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Columbia Bank New Jersey