Columbia Bank Awards More Than $100,000
In anticipation of Columbia Bank’s acquisition of Freehold Bank – scheduled for Saturday, the bank and its foundation awarded grants to 18 organizations totaling more than $100,000.
The funds will be used to support food insecurity, housing initiatives, medical aid and community development within the Freehold area.
Thomas Kemly, the head of the bank and the foundation, said the bank was excited to make the donations – and to acquire Freehold Bank.
“Columbia Bank is thrilled to welcome Freehold Bank to its family,” he said. “Both organizations share a commitment to excellent customer service, superior products and to giving back. Through this acquisition, we’ll introduce new branches and ATM locations with added products and services, paired with the same friendly faces from both teams.”