The Vault
Kearny Bank's blog sharing the secrets to banking happiness
April 8, 2024
Why Anchored Retail Centers Are a Resilient & Stable CRE Asset Class
As a commercial real estate loan’s collateral is typically the foremost source of repayment on a commercial real estate loan, the nuances of weighing the strength of that repayment source can be challenging to a bank. One popular asset class is Multifamily properties.
Read MoreMarch 25, 2024
What is Escrow, and Why Is It Tricky?
What Is escrow? Escrow can be a confusing term for many.
Read MoreMarch 4, 2024
How to Choose a Bank for Government Banking Services
In my 29+ years in banking I have worked with and spoken to hundreds of county and municipal CFOs, Business Administrators, School Board Administrators, and Directors of various Authorities. Invariably the first question I get is what our interest rate is.
Read MoreFebruary 26, 2024
5 Reasons Commercial & Industrial Loans Support Growth
Commercial loans play an integral role in driving business growth. Here is a deeper dive into five ways these debt instruments can benefit your business: 1.
Read MoreFebruary 12, 2024
Supporting the Needs of the “Sandwich Generation” with the Right Banking Partner
If you are like me - one of the many adults in NJ who are caring for older relatives while caring for children or grandchildren at the same time - then you are part of what has been termed the “Sandwich Generation.” This may not be as tasty as the NJ staple of Taylor Ham/Pork Roll (choose whichever you prefer) egg and cheese. But it is a reality for many of us here in the Garden State.
Read MoreJanuary 29, 2024
Top Appealing Benefits of a Private High School
As a parent of a child that attended public school through middle school, I faced the decision of where he would spend his next 4 years of high school. After extensive research, I concluded that sending my son to a private high school was the best choice for us.
Read MoreJanuary 16, 2024
Client Engagement In A Digital-First Banking World
In my four decades in banking, I have witnessed a transition whereby clients can bank without setting foot in a branch. Beginning in the 1980’s with the introduction of ATMs, to the convenience of direct deposit, online banking and mobile banking, the industry has made banking convenient for everyone.
Read MoreJanuary 2, 2024
Business Grants - Top Tips to Find Free Funding
Written by Veronica Ross | SVP / Director of Diversity, Equity, and Inclusion Based on the latest statistics, there are more than 230,000 women-owned business in New Jersey which contribute over $45 billion to the state’s economy. However, financing can be more difficult for women compared to male-owned business, and they often struggle to find the cashflow necessary to expand.
Read MoreDecember 11, 2023
Top Four Reasons Small Businesses Should Be on Your “Nice List”
Written by Andrea Guzzi | VP/Regional Sales & Development Officer It’s that time of year where we make an effort to put thought into the gifts that we buy for our loved ones. There’s a lot to be said for being able to touch these items with your own hands as opposed to shopping online.
Read MoreNovember 13, 2023
The Changing Landscape of Multifamily Commercial Real Estate
Written by Ryan Newberry | VP/Commercial Loan Officer New York City has always been a consistent source of business for Kearny Bank, but we're now seeing some fundamental changes which landlords need to be aware of. Over the years we have provided many multifamily real estate loans for the purchase and refinance of multifamily apartment buildings.
Read More