Roselle Bank worked with students in the after-school program, TREP$, to teach entrepreneurship, saving and smart money habits. Roselle Bank, which has served central and northern New Jersey for over 130 years, supported an entrepreneurship program educating High Bridge Middle School students on the importance of sound financial decisions. As part of the after-school program TREP$, short for entrepreneurship, students in grades 5-8 learned how to launch their own businesses. The students learned everything from product development, to deciding how to price, package, present, and promote their products. On Friday, December 6, approximately 76 students transformed the school’s gymnasium into a marketplace, launching their self-run businesses. Home-made products included recycled frames with photos taken by the student, holiday decorations and custom painted designs for sneakers and candles. Roselle Bank assisted in managing the profits of their sales to customers, all while teaching the students about the importance of money management and having a student savings account. “Roselle Bank was honored to take part in this engaging educational event,” said Michael McCambridge, President and Chief Financial Officer for Roselle Bank. “We were happy to share the importance of developing important money skills at a young age with the students of High Bridge Middle School. The event was a great way for students to demonstrate their creativity, grasp the concept of money efficiency through trial and error and, most importantly, have fun with it. We hope they will take the skills they learned and apply them to future financial habits.” # # [...]
High-achieving students receive recognition for strong academic performance and community involvement Roselle, NJ – Roselle Bank, which has served central and northern New Jersey for nearly 130 years, has awarded the Outstanding Business Student Award to two high school seniors who have excelled in the areas of business and finance while demonstrating a commitment to community service. Jessica Smith of Ridge High School received the award as a result of her passion for business and finance. Enrolled in relevant classes like Personal Finance, Entrepreneurship and Business Education, Jessica has simultaneously held various employment positions during her academic career. Jessica plans on attending Raritan Valley Community College this fall. Additionally, Jolver Machuca of Abraham Clark High School was presented the award for his success in his finance classes. Jolver aspires to be a CEO at a large corporation in the future. This fall, Jolver will attend Union County College to begin his collegiate education. “Jessica and Jolver have demonstrated academic excellence and a consistent dedication to their studies,” said Jeffrey R. Schneider, Vice President, Business Development Officer for Roselle Bank. “We are proud to honor these students for their accomplishments and encourage them to maintain this work ethic in the future.”
Donations Emphasize Bank’s Pattern of Philanthropic Dedication Roselle, NJ -- Roselle Bank, which has served central and northern New Jersey for 130 years, has made donations to local food pantries: The Open Cupboard Food Pantry, the Flemington Food Pantry and the North Hunterdon Food Pantry. The donations demonstrate Roselle Bank’s longstanding commitment to philanthropic efforts and community service initiatives. Among the organizations that Roselle Bank donated to is Open Cupboard Food Pantry, a private non-profit agency serving northern Hunterdon County. The organization is rooted in the goal of filling the very basic need of food for those that are disadvantaged. Founded in 1993, the Open Cupboard Food Pantry will utilize the bank’s generous donation to buy perishables such as meat, produce and dairy products in addition to other groceries. Roselle Bank also donated to the Flemington Food Pantry, a volunteer organization which provides food and personal care items to Hunterdon County families in need. The Pantry, founded in 1982, provides supplemental groceries to approximately 1,200 income qualified Hunterdon County families including underemployed hardworking adults, veterans, families with children, and seniors who simply cannot make ends meet. Roselle Bank’s donation will help the Pantry obtain supplies for such individuals and families in need. The North Hunterdon Food Pantry accepted a donation from Roselle Bank as well. Located in Lebanon Township, the Pantry serves 25-30 families in need with fundamental food supplies. Roselle Bank’s donation will help support the Pantry’s initiatives as the organization continues to better the lives of underserved [...]
Roselle Bank, which has served central and northern New Jersey for nearly 130 years, has awarded two high school seniors with scholarships for their academic accomplishments and extracurricular excellence. Luke Schraer of Ridge High School received the $1000 Roselle Savings Scholarship for winning its Business Education Award for Outstanding Academic Achievement. Maureen Wolfenden, Bernardsville Branch Manager, along with Ridge High School principal Drew Krause, presented Luke with the award at the Ridge High School Awards Night on May 29. Additionally, Arianna Olsen of Abraham Clark High School was presented the Scholarship for Outstanding Business and Finance Student on June 7 by Carl Zeitlinger, Senior Vice President & Compliance Officer of Roselle Bank and Abraham Clark Vice Principal Shelia Williams. Candidates for the annual award are evaluated on a variety of criteria, including academic achievement, exemplary participation in extracurricular business activities, and commitment to areas of study. Luke excelled in his studies at Ridge High School, and graduated with a cumulative GPA of 3.59. Fascinated by business and entrepreneurship, many of Luke’s courses revolved around these subjects, and extended to marketing and digital design. He will attend Clemson University in the fall, where he plans to pursue a dual major in entertainment marketing and public communications. With a knack for finance, Arianna maintained an A average in all career courses at Abraham Clark High School while also serving as Commanding Officer of the Junior ROTC program, which requires a strong leadership role and community service outreach. She will attend Montclair State University in the [...]
Jack Werrell from Bernards High School was awarded the Young Entrepreneur Scholarship Award for the Rotary Club of Somerville-Bridgewater Foundation. Pictured with Jack Werrell is Dianne Durland, Roselle Bank, AVP/Training Manager and chair on the committee, Foundation President Bob Hardgrove and Club President Om Sachdev.
Roselle Bank employees along with ARC volunteers created planters that will be delivered to group homes.
Roselle, NJ -- Roselle Bank, which has served central and northern New Jersey for nearly 130 years, recently announced a 7-week savings challenge prodding students to start saving money from a young age. Branch managers have been working with area schools to arrange group welcome visits to the bank – along with parents or guardians – for money-saving tutorials and to open Student Savings Accounts. To increase participation, Roselle Bank is sweetening the deal by rewarding the student that deposits the most money during the seven-week period with a $25 gift card to Rita’s Italian Ice. Students can open an account with as little as $1.00 and will earn interest on their savings. Those that can’t make it to a specific event are encouraged to stop by anytime to get started. On April 23rd, three students from the Dr. Charles C Polk Elementary School in Roselle opened accounts, proof of which they proudly display in the attached photo. “It’s never too early to start encouraging the money saving habit,” says Detlef Felschow, President & CEO of Roselle Bank. “By enlisting schools to get involved in this savings program, we are doing our part to show youngsters how easy -- and fun-- it can be to set money aside to safely grow with interest.” # # # About Roselle Bank Roselle Bank opened its doors in May of 1889 as the Roselle Building and Loan Association, serving what is now the Borough of Roselle and surrounding communities. Specializing in products and services for individuals, families, and businesses, [...]
Did you stop by and spin the Roselle Bank Wheel of Fortune at the Hunterdon County Community Day Fair? It was a day filled with food, games, music and fun for the whole family.
Roselle branch challenged the children of Dr. Charles C. Polk School to a 7-weeks savings competition. Children received a special invitation to the branch to open Student Savings Accounts to earn $0.20% APY.