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ICBA and Roselle Savings Bank: Where You Choose to Bank – and with Whom – Matters

Community banks build better communities

Roselle, New Jersey, April 2018 —The Independent Community Bankers of America® (ICBA) and Roselle Savings Bank are reminding consumers: Where you choose to bank – and with whom – matters. To illustrate the positive impact community banks like Roselle Savings Bank, have on their communities, ICBA released a video ahead of ICBA Community Banking Month in April.

“When you bank locally, you’re reinvesting in your community, contributing to the welfare of your neighbors and building a legacy of prosperity for future generations,” said ICBA Chairman Timothy Zimmerman, CEO of Standard Bank of Monroeville, Pa. “Community bankers power your region’s small businesses and influence job growth one loan at a time. They’re rooted in your community, ensuring they have a stake in your financial success and the strength of the community overall.”

Echoing that sentiment, Roselle Savings Bank President and Chief Executive Officer, Detlef H. Felschow said, “community banks help maintain local municipalities and keep local neighborhoods viable and vibrant. As we recognize April as Community Banking Month, I want to thank our existing customers for their patronage and urge those who we hope to count as future customers to consider what it means to bank locally, both tomorrow and for generations to come.”

When choosing who to trust with your hard-earned money, ICBA and Roselle Savings Bank want consumers to know that they have a choice and know the following:

  • Community banks respect and honor their community ties. Community banks and local communities have symbiotic relationships—one cannot thrive without the other.

  • Community banks are relationship lenders. They know their customers and understand their financial needs.

  • Community banks understand and embrace local businesses. A study from the 12 Federal Reserve banks found that small businesses that apply for loans with community banks are the most successful and most satisfied.

  • Community banks give back. Serving local communities is second nature to community banks, as reflected in Roselle Savings Bank’s 2018 Community Service Newsletter.

For more facts and statistics about community banks, visit www.icba.org/about/community-banking.

Mr. Felschow welcomes you to, “stop by Roselle Savings Bank today to discuss your financial situation and experience the benefits of a community bank: relationship-based banking experience, superior customer service and the pride that comes with reinvesting in your community. We are proud to be a community bank!” 

About ICBA The Independent Community Bankers of America®, the nation’s voice for nearly 5,700 community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services. For more information, visit ICBA’s website at www.icba.org.


Roselle Savings Bank originally opened its doors in May of 1889 as the Roselle Building and Loan Association, serving what is now the Borough of Roselle and the surrounding communities. The bank, which specializes in banking products and services for individuals and families, now serves residents in Union, Hunterdon, Somerset, Essex, Middlesex, Morris, and Warren counties. Branches are located in Roselle, Bernardsville, High Bridge, and Cranford. Roselle Savings Bank is an Equal Opportunity Lender and a member of the FDIC. Call 908-245-1885 or visit www.rosellesavings.com for more information.

© Copyright Roselle Savings Bank 2018. All Rights Reserved.