FAIR LAWN, N.J., Aug. 15, 2022 (GLOBE NEWSWIRE) -- Columbia Bank, a long standing leader in community banking, announced today that they will be modifying their Consumer Overdraft Program to minimize the impact of fees on clients. This move will make them one of the first to do so within the community banking space. The new program will take effect August 15, 2022 and will include the following changes:
“Our Bank’s tagline is ‘Count on Columbia’ and we truly incorporate that into everything we do. We are consistently reviewing our products and services to ensure we’re doing right by our clients and we recognize overdrafts are a client pain point,” said Thomas J. Kemly, President and CEO of Columbia Bank. “Our new Consumer Overdraft Program is designed to minimize the impact of overdraft fees for clients, while still providing a service that has you covered when mistakes happen. We’re proud to be one of the first community banks to rethink how overdrafts should work.”
Additionally, Columbia Bank will continue to provide education and build upon tools that help consumer clients to manage their accounts more effectively. Such items include:
For overdraft resources and more information on the Bank’s Consumer Overdraft Program, please visit https://www.columbiabankonline.com/personal-banking/personal-checking/consumer-overdraft.
About Columbia Bank
Founded in 1927 and headquartered in Fair Lawn, NJ, Columbia Bank has 66 full-service branch networks spanning the state of New Jersey, an asset base of approximately $9.8 billion. Columbia Bank offers a full suite of consumer and commercial products, including online and mobile banking, localized lending centers as well as title, investment and wealth management services. For more information about Columbia Bank’s complete line of products and services, visit www.ColumbiaBankOnline.com. Follow Columbia Bank on: Facebook, Instagram, Twitter, YouTube & Linked In.
Tony Rose1st Senior Vice President, Marketing Director201-794-5828trose@columbiabankonline.com
Source: Columbia Financial, Inc.