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Kearny Bank recognized in prestigious, 2020 Forbes Best-in-State Bank survey

July 9, 2020

A prestigious, 2020 Forbes survey has recognized Fairfield-based Kearny Bank as one of New Jersey’s three finest banks. The Forbes Best-in-State Bank poll measures customer experience, with primary emphasis on recommendations and overall satisfaction. The research included five subdivisions: trust, terms and conditions, branch services, digital services and financial advice.

Based exclusively on a recent poll of about 25,000 private, U.S. citizens, Forbes determined Best-in-State rankings for banks in every state. The survey was conducted by Forbes in partnership with the research firm Statista. 

“This is a wonderful result for Kearny Bank, and the best thing is that our placement was determined by favorable client input,” says Kearny Bank President and CEO Craig Montanaro. “We’re deeply committed to client service – in fact, I believe it’s what sets us apart in a very competitive business environment. So, this result seems to indicate we’re doing multiple things well.”

In Forbes’ 2020 survey, participants were asked to list all banks at which they’d ever had a checking or savings account. From there, they were requested to rate all banks they’d listed, based on various evaluation criteria. Of the 5,117 different banks in the U.S., only 2.6% ultimately qualified for inclusion on the individual state lists.

Other banks appearing at the top of Forbes’ New Jersey listings are Republic Bank and Fulton Bank. The complete article and all state lists – including New Jersey – are available here.

In Forbes’ previous Best-in-State Bank survey, conducted in 2018, Kearny Bank ranked fifth in New Jersey.

About Kearny Bank

Seamlessly melding the finest traditions of community banking with state-of-the-industry capabilities, Kearny Bank provides a range of progressive offerings to its personal and business banking clients. Established in 1884, and operating now from administrative headquarters in Fairfield, NJ, Kearny Bank is steadily expanding its footprint throughout New Jersey, as well as New York City’s Brooklyn and Staten Island boroughs. Additional details are available online at kearnybank.com; an overview video can be viewed at bit.ly/2IUWeWJ.

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