Important AnnouncementIn Observance of Thanksgiving Day, we will be closed Thursday, November 22, 2018.
As a reminder, our ATMs along with online and mobile banking are available 24/7.



Columbia Financial, Inc. to Acquire Roselle Bank


Columbia Bank, MHC, Columbia Financial, Inc. (NASDAQ: CLBK) and Columbia Bank (collectively, “Columbia”), and RSB Bancorp, MHC, RSB Bancorp, Inc. and Roselle Bank (collectively, “Roselle”) announced today the signing of a definitive merger agreement. Under the terms of the merger agreement, depositors of Roselle will become depositors of Columbia Bank and will have the same rights and privileges in Columbia Bank, MHC, the mutual holding company parent of Columbia Bank, as if their accounts had been established in Columbia Bank on the date established at Roselle. As part of the transaction, Columbia Financial, Inc. will issue additional shares of its common stock to Columbia Bank, MHC in an amount equal to the fair value of Roselle as determined by an independent appraiser. These shares are expected to be issued immediately prior to completion of the merger. In addition, following the completion of the merger, Columbia and Columbia Bank Foundation will support the charitable organizations serving the communities currently served by Roselle. Roselle Bank is a savings bank that was established in 1889 and operates four banking offices in Union, Somerset and Hunterdon Counties. As of September 30, 2019, Roselle Bank had total assets of $442 million, loans of $171 million, deposits of $338 million and equity capital of $61 million. Columbia has offered full employment to all Roselle employees, excluding those with existing change-in- control agreements with Roselle, and has agreed to add one current member of Roselle’s Board of Directors to Columbia Bank’s Board of Directors following the completion [...]

Columbia Financial, Inc. to Acquire Roselle Bank2019-12-03T19:22:34+00:00

Roselle Bank Completes 130th Anniversary Events at Each of Four Branches


Series of celebrations mark milestone, as well as grand reopening showcasing recent renovations. Roselle, NJ -- Roselle Bank, which has served central and northern New Jersey for 130 years, celebrated its 130th anniversary and marked the completion of renovations to its main office branch and operations center buildings with an array of recent events. Each of the bank’s four branches hosted celebrations for community members and held networking events for regional business leaders and professionals, during which Roselle was recognized for its successful rebranding efforts and continued attentiveness to local financial needs. The Roselle location kicked off the festivities with a ribbon-cutting ceremony celebrating not only the overall rebranding but also the redesigned individual branch. To commemorate the milestone, Roselle Bank received a proclamation from the State of New Jersey from Assemblyman Jamal Holley during a ceremony attended by Roselle Mayor Christine Dansereau. Other community leaders, including mayors, attended the professional networking events at the bank’s remaining branches. The Community Appreciation events were open to the public and included instant cash giveaways for the first several dozen adults in attendance. Also, the bank hosted an enter-to-win sweepstakes for an Amazon Fire Stick; the event also launched a weeklong promotion in which those opening a qualifying checking or e-checking account received a bonus. Simultaneously, Roselle Bank celebrated the completion of a number of renovations to its main office branch and operations center, featuring a new 24-hour walk-up ATM and a 24-hour drive-up ATM at 108 West Third Avenue. The updates [...]

Roselle Bank Completes 130th Anniversary Events at Each of Four Branches2019-08-12T19:04:57+00:00

Roselle Bank Receives NJBankers’ 2018 Community Service Award


Bank acknowledged for charitable initiatives, awarded with recognition plaque at conference Roselle, NJ -- Roselle Bank, which has served central and northern New Jersey for nearly 130 years, has received special recognition in the NJBankers’ 2018 Community Service Award program. The bank was chosen as one of seven recipients from a total of 38 entries statewide. Chosen by a committee from the New Jersey Chapter of the Public Relations Society of America, Roselle Bank was selected on its record of past projects and community activities throughout the state in 2018. Roselle Bank’s President and CEO, Detlef H. Felschow, was presented with a recognition plaque at the NJBankers’ 115th Annual Conference on May 3. Each year, NJBankers sponsors the Community Service Award Program to celebrate the its members’ philanthropic endeavors, and shares these efforts with representatives of New Jersey’s governing bodies. This highlights the active role the banking industry plays in sustaining and improving communities throughout the state. “We are extremely honored to receive this prestigious recognition by NJBankers,” said Detlef H. Felschow, President & CEO of Roselle Bank. “The award is a testament to our philanthropic efforts, as well as our ongoing presence as a mainstay in the communities we serve.”

Roselle Bank Receives NJBankers’ 2018 Community Service Award2019-06-07T17:44:17+00:00

Roselle Bank Debuts New ATM and Drive-Up Amenities to Emphasize Customer Convenience


Roselle, NJ -- Roselle Bank, which has served central and northern New Jersey for nearly 130 years, has announced the addition of a new ATM drive-up at its Roselle location. The new drive-up teller and ATM at 108 West Third Avenue is the first of two ATMs to be installed at the bank’s Roselle locations in an effort to improve overall customer experience. The second ATM is scheduled to be installed at their 235 Chestnut Street branch later this spring, rounding out the bank’s modernization initiative that started with the addition of ATMs at their High Bridge and Cranford branches. Equipped with the latest security enhancements, the ATM allows for efficient, no-envelope check deposits with detailed receipts that include check images. Accessibility features like a unique tilt screen to accommodate vehicle height and 24/7 availability further facilitate ease of use. The addition of such amenities is a result of Roselle Bank’s recent renovations and strategic repositioning as more than a savings bank. With the aim of better convenience, the bank continues to make strides in achieving a facilitated and hassle-free banking experience for customers. A ceremonial first withdrawal ceremony was held at the new ATM early last month with one of the bank’s long-standing customers. “The addition of the new ATMs and other amenities to our bank positions us better than ever to provide the bank’s customers with a seamless banking experience,” said Detlef H. Felschow, President & CEO of Roselle Bank.

Roselle Bank Debuts New ATM and Drive-Up Amenities to Emphasize Customer Convenience2019-06-07T18:37:40+00:00

Roselle Bank Begins Renovations of Operations Center


Roselle, NJ -- Roselle Bank, which has served central and northern New Jersey for nearly 130 years, has begun renovating its operations center, located at 108 West Third Avenue, Roselle, NJ across from the bank’s main branch. The facelift is part of Roselle Bank’s comprehensive initiative to enhance customer convenience and overall banking experiences. Located directly across the street from the main Roselle branch, the renovated headquarters will function as the bank’s new operations center. The location will feature a modernized appearance as well as a drive-up teller window and ATM. The improvements are part of Roselle Bank’s strategic repositioning as more than a savings bank, including new capabilities and an upgraded range of banking products, including the introduction of business deposit services and loans. The groundbreaking of the headquarters facility is the first in a series of modernization efforts; renovations to the bank’s branches are forthcoming, with upgrades to the main Roselle branch slated to start late September. Maintaining the goal of accessibility for customers, the Roselle branch’s renovations will include a complete redesign of the interior and exterior, and the addition of a new walk-up ATM to optimize convenience. Furthermore, the bank’s Bernardsville branch will feature a redesigned drive-up teller window as well as a 24-hour drive-up ATM. The bank expects to have the refreshed facilities completed by the first quarter of 2019. Roselle Bank is planning a “Sneak Peek Week” starting September 10 at its main branch office location at 235 Chestnut Street, Roselle, NJ, in which customers and [...]

Roselle Bank Begins Renovations of Operations Center2019-04-24T16:16:31+00:00

Roselle Bank Announces Name Change, New Logo, Branch Upgrades, and New Products


Upgrades to Further Enhance Convenience and Customer Experience Roselle, NJ -- Roselle Bank, which has served central and northern New Jersey for nearly 130 years, has changed its name to Roselle Bank as part of its initiative to further enhance customers’ overall banking experience. The change is part of the bank’s strategic repositioning, as its functions extend well beyond the parameters of a typical savings bank. The brand refresh will focus on outlining new capabilities and debuting an array of new banking products for both business and consumer. The bank also has plans for renovations to its company headquarters, new operations center and main office branch located in Roselle, NJ. In line with the bank’s new name, Roselle will also debut new signage with an updated logo for all branches. A comprehensive Frequently Asked Questions document is available on Roselle’s website to address any concerns customers may have during the series of changes. To further support the bank’s initiative to improve their customers’ experience, a refreshed suite of banking products has been deployed. These products include a personal and business checking suite as well as a savings suite, each of which offer individually incentivized products. “The expanded line of enhanced services was designed to allow our clients the opportunity to customize their banking relationship with Roselle to fit their needs,” stated Detlef H. Felschow, President & CEO of Roselle Bank. Beginning in late summer, renovations will commence at the bank’s Roselle location to optimize convenience and simplicity. A complete redesign of the branch’s [...]

Roselle Bank Announces Name Change, New Logo, Branch Upgrades, and New Products2019-04-24T16:31:55+00:00

Roselle Bank Earns Trio of Recognitions, Including Silver Award for Community Service


Roselle Bank, which has served central and northern New Jersey for nearly 130 years, has received three recognitions for its recent philanthropic endeavors. The trio of honors is highlighted by the bank winning a Silver Award from NJBankers’ 2017 Community Service Award Program, which is determined by a panel of judges consisting of members of New Jersey’s Public Relations Society of America. With a proud history of philanthropy, Roselle Bank makes annual contributions to a myriad of organizations that provide services to underserved individuals and families within the community. Notable programs include Meals on Wheels of Union County, Central Jersey Housing Resource Center and Raritan Valley Habitat for Humanity, among many others. The breadth of the bank’s community involvement was a key factor in its Silver Award win. Additionally, Roselle Bank was awarded the 2018 Spirit of the Community Award by the United Way of Greater Union County. This recognition acknowledged Roselle Bank’s efforts for community improvement by supporting many of the United Way’s initiatives. Among other projects, bank personnel contributed to the Holiday Food Drive and the Season of Caring. Another noteworthy accomplishment was attained by Roselle Bank Vice President & Branch Manager Beth Retcho, who was inducted into the Roselle/Roselle Park Rotary. The organization supports local and international charities and provides college scholarships to local high school seniors. Ms. Retcho’s achievement represents Roselle Bank’s commitment to community involvement and philanthropic giving. Several leaders at Roselle Bank hold volunteer positions on the boards of various New Jersey organizations. For instance, one of the [...]

Roselle Bank Earns Trio of Recognitions, Including Silver Award for Community Service2019-09-11T13:50:26+00:00



On The Mark Payments, LLC (OTMP) has been selected by Roselle Bank as its credit / debit card processing partner and will facilitate customized electronic payment solutions for all of the Bank’s existing and prospective merchant accounts. On The Mark Payments is managed by recognized industry veterans and built on four decades of proven merchant processing experience. The newly-signed agreement will provide direct sales support, marketing and state-of-the-art electronic payment processing through the company’s innovative and turn-key Bank Merchant Connect Program, which is designed to deliver significant value, such as increased commercial account balances and incremental revenue, to financial institutions of every size. “Since our inception in 1889, we have remained unwavering in our core commitment to deliver superior customer service and support to the communities we serve,” said Roselle Bank President and CEO Detlef Felschow. “On The Mark will serve us well in advancing that commitment. They hold a solid track record in delivering innovative solutions that positively impact merchant business operations.” “Roselle Bank is a true community bank with an impressive history built on integrity and a reputation for providing customers with tools and programs to ensure their security and stability,” said On The Mark Payments’ Chairman and CEO Dick Spigai. “We share that philosophy and are eager to deliver the customized and cost-efficient payment solutions that will best meet the growing demands of their merchants.”


Roselle Bank Announces “7-Week Savings” Challenge Encouraging Students to Save Money


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, [...]

Roselle Bank Announces “7-Week Savings” Challenge Encouraging Students to Save Money2018-12-19T20:18:14+00:00

Award-Winning Financial Literacy Program Free for Local Classrooms


Local students are getting a free education in how to manage their money. Roselle Bank is working with Banzai, a national award-winning financial literacy program, to make the curriculum available to 6 schools in the Roselle, Bridgewater, Elizabeth, and Linden areas completely free. "Banzai is a web-based financial literacy program. Kids have their own bank accounts, and they work through assignments that are based on real life," Morgan Vandagriff, co-founder of Banzai, said. "But because Roselle Bank is sponsoring it, local schools get it for free. More than ever, it's important that kids develop sound financial skills to prepare them for the real world. Roselle Bank realizes that, and they're doing something about it." "It is a great opportunity for us to be able to provide resources that promote financial literacy to the next generation by encouraging banks and schools to work together to improve the financial skills and experiences of youth,” says Roselle Bank President and Chief Executive Officer, Detlef H. Felschow. Banzai is an interactive, online program supplemented by printed workbooks which aligns with state curriculum requirements for personal finance education. It has become the largest program of its kind, servicing more than 35,000 teachers and available in all 50 states. Roselle Bank has offered time, money, industry experience, and a variety of bank resources to help localschools teach personal finance in the classroom. Students using the program are exposed to real-life scenarios where they learn to pay bills and balance a budget – but it’s not [...]

Award-Winning Financial Literacy Program Free for Local Classrooms2018-12-19T20:18:39+00:00
In response to the growing health and safety concerns, we at Roselle Bank have decided to restrict lobby interaction to “Appointment Only” access until further notice. For circumstances requiring branch access such as opening accounts, customers are encouraged to call 908-245-1885 or your local branch location to schedule an appointment. For all other banking needs, please utilize the drive-up teller windows available Monday – Friday from 9:00 a.m. – 5:00 p.m. and Saturday 9:00 a.m. – 12:00 p.m. In addition, you can visit our 24-hour ATM which also accepts deposits. As always, you can check your balance, pay bills and transfer money on www.Roselle.Bank or on the Roselle Bank app (Android and iOS). We apologize for any inconvenience this has caused and appreciate your patience and understanding as we take steps to ensure the safety of our employees, customers, and community.