Township of Washington, NJ – November 12, 2008 – This week the OritaniBank Charitable Foundation presented a $50,000 grant to Habitat for Humanity of Bergen County to support the construction and acquisition of affordable housing for hard-working, low income families in Bergen County. Habitat for Humanity was able to match Oritani Bank’s contribution for a total of $100,000 which will help fund the Third Street Redevelopment Project.
“This is the second consecutive year that OritaniBank Charitable Foundation has awarded a matching grant to Habitat for Humanity of Bergen County and we are pleased to continue supporting this commendable organization which offers families in need a chance to own their own home at an affordable cost”, states Kevin Lynch, President of OritaniBank Charitable Foundation, Chairman, President and CEO of Oritani Bank. The OritaniBank Charitable Foundation was established in 2007 to assist not-for-profit organizations that help to improve the quality of life for residents in Bergen, Hudson, and Passaic counties. Since its inception, the Foundation has donated over $800,000 to local charitable organizations.
Oritani Bank is a 97 year old community bank with over $1.5 billion in assets based in the Township of Washington, New Jersey. Oritani Bank is a publicly held Mutual Holding Company trading on the NASDAQ with the trading symbol “ORIT”. Oritani Bank has 21 branches throughout Bergen, Hudson and Passaic Counties, and offers a full line of deposit and loan services to both retail and commercial customers. For more information, call 888-ORITANI, or visit their website, www.oritani.com.