I want to thank our loyal customers for their business over these many years. This is the time of year when growth abounds and the same should be true for your money.
While many of the big banks are eliminating services, closing branches and raising fees, Oritani has remained steady with low fees and highly competitive loan and deposit rates. If you have a Money Market account with another bank, a Money Market fund or through your brokerage account, be sure to compare the rate you are getting to Oritani's rates. The difference will surprise you.
To serve you better we opened three branches in the past year including Ramsey, Upper Montclair and Clifton and we are working on others. We also hired many new staff members to keep pace with our growth and we upgraded our computer system to better meet customer needs. The OritaniBank Charitable Foundation has continued its good works now topping $2.8 Million in financial support of worthy charitable organizations, most of which serve the needs of those members of our communities most in need.
As Oritani Bank puts the wraps on our Centennial year we look forward to a very bright future. In this still challenged economic climate our rock solid financial strength puts us in a unique position to serve our customers with the products and services they need at highly competitive rates.
We know and care about our customers and our objective is to provide high quality personal banking experiences in all of our customer interactions. We have knowledgeable, friendly staff members who will bend over backwards to serve your banking needs. If you have accounts elsewhere please consider bringing them here. The difference will benefit you and your family.