The Vault
Kearny Bank's blog sharing the secrets to banking happiness
September 18, 2023
5 Secrets To Mitigate Refinancing Challenges For Commercial Real Estate
Written by Gary Brozowski | SVP / Director of Commercial Real Estate Lending During the past 18 months, interest rates have increased dramatically for commercial real estate loans rising from a low of 3.25% in late 2020 to over 7% today. Financing for commercial real estate loans is based primarily on a spread over the corresponding US Treasury rate for a fixed rate loan, or based on a spread over the Prime rate for floating rate construction loans.
Read MoreSeptember 11, 2023
Women’s Health: Tips for Reducing Stress
Written by Veronica Ross | SVP / Director of Diversity, Equity, and Inclusion Our posts on this blog typically focus specifically on business elements, whether for women in business or more broadly. While financial tools, budgeting, developing strategic plans, and having the inspiration to grow a business are all important, though, in many ways their importance pales in comparison with the importance of taking care of oneself, both mentally and physically.
Read MoreSeptember 5, 2023
Benefits of Commercial & Industrial Loans: What Businesses Need to Know About Their Commercial Loan Options
Written by Robert Melchione | SVP / Director of C&I Lending Commercial and Industrial Loans (C&I) are comprised of loans that are issued for business purposes. These loans are made directly to businesses and provide funds for short-term working capital requirements, capital expenditures, expansion of product lines, or refinancing of existing company debt.
Read MoreAugust 28, 2023
Looking for a High Interest CD or Money Market Account? Don’t Fall Victim to the Interest Rate Game
Written by Michael Mangione | 1st Vice President / Retail Sales & Development Leader If you’re reading this, there is a really good chance that you’re scouring the internet for the best savings or high interest CD rate you can find. I’m going to give you rate shoppers the best advice you’ve never been told and most people are afraid to tell you.
Read MoreAugust 21, 2023
What is Treasury Management & Why do I need it?
Written by Shari Scaramuzzo, VP/Treasury Management Relationship Officer Treasury Management allows you to RUN your business, not RUN to the Bank. Treasury Management (TM) systems are the processes used by a business to manage cash flow and mitigate risk.
Read MoreAugust 14, 2023
Top 10 Strategies to Improve your Municipal Bond Rating
Written by Joseph Luppino | VP / Government Banking Officer What is a credit rating? Before we discuss the 10 strategies to improve your municipal bond rating let’s explain what a credit rating is and how bonds are rated.
Read MoreAugust 3, 2023
3 Financial Literacy Lessons To Teach Your Teenagers
Written by Matthew Lindenberg | SVP / Chief Marketing Officer I have young teen twins who have started to become interested in money, saving, and even the economy. I’ve learned a few key lessons from the questions and interactions with my kids, which I thought might be useful for other parents out there.
Read MoreJuly 24, 2023
Post Pandemic Strategic Supply Chain Planning for Dental Practices
Written by Rich Conte, 2nd Vice President / Healthcare Relationship Officer COVID-19 has made us think about how we handle global shipping disruptions that caused supply chain issues throughout various industries. The dental industry was no exception as PPE and access to critical items were and still can be very difficult to obtain.
Read MoreJuly 17, 2023
Why You Should Consider Buying a Multifamily Home
Written by David Aldredge, Senior Mortgage Originator Thinking about buying a new home? The process can be challenging, with many decisions and choices.
Read MoreJuly 10, 2023
3 Tips to Protect your Business from Check & ACH Fraud
Written by Jean Marie Hennessy, Vice President / Treasury Management Relationship Officer Have you ever been impacted by fraud? I am sure you have heard about the latest scams out there.
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