Thomas J. Shara, president and CEO of Lakeland Bancorp, has announced that Lakeland Bank has been named by Forbes and Statista to the “America’s Best-In-State Banks” list for 2019.
“To be recognized as a Best-In-State Bank is truly an honor and, based on the criteria to receive this award, it is a testament to the Bank’s fifty-year philosophy to conduct business openly and honestly with our customers,” said Shara. “We have continuously worked hard to establish and maintain our reputation in the communities we serve and I believe this has provided a solid foundation for the Bank’s longevity as an institution that exhibits the utmost standards of respect, responsibility and integrity.”
Forbes and Statista have awarded the America’s Best-In-State Banks recognition to 149* banks out of 5,340 banks nationwide and Lakeland Bank ranked first of the two banks named to the list that are headquartered in New Jersey. The banks were chosen based on the highest score awarded through an independent survey from a vast sample of more than 25,500 U.S. citizens spread among all states. The survey was conducted using an online access panel and participants were asked to rate every bank at which they had a checking account. In addition, banks were rated in five sub dimensions: Trust, Terms & Conditions, Branch Services, Digital Services and Financial Advice. Only the top 2.8% of all U.S. banks were ranked as a Best-In-State Bank by Forbes.
To see the full 2019 Forbes and Statista “America’s Best-In-State Banks” list, visit https://www.forbes.com/best-in-state-banks/list/.
*Given some banks made the list in more than one state, the total number of awards amounted to 172 banks.