1st Colonial Bancorp, Inc. was formed in June of 2002, and is the holding company of 1st Colonial National Bank. 1st Colonial National Bank, is one of the fastest growing banks in the southern New Jersey marketplace. The South Jersey market is a part of the Philadelphia Metropolitan Statistical Area (MSA).
1st Colonial National Bank is a national bank chartered under the National Bank Act. Since its opening in June of 2000, 1st Colonial National Bank has had consistent growth and excellent financial performance. The bank’s main office is located in Collingswood, New Jersey. The Bank offers a wide range of consumer and business banking products and services to customers within southern New Jersey. 1st Colonial’s business model emphasizes a high level of personal customer service combined with minimal fees and charges. This business model results in growth which is fueled with low-cost core deposits and a high degree of customer loyalty and retention.
In addition, many of the bank’s personnel previously worked together at Community National Bank until it was acquired by a competitor in 1998. Because of this, most of the bank’s management team and key personnel are known, recognized and respected throughout the community. As a result, the bank has enjoyed a level of success which is traditionally reserved for more mature and established businesses.
On the consumer banking side, the bank offers, among other things, free personal checking, free telephone banking and free VISA CheckCard. This combination of core consumer products is extremely attractive because there are no monthly maintenance fees or minimum balance requirements. In fact, no bank in the marketplace offers a more competitively-priced package of core consumer products.
For business customers, the bank combines a traditional range of deposit and loan products with an unusually high level of personal service. Again, no area competitor provides a higher level of service combined with direct access to the bank’s key decision makers.
1st Colonial’s Board of Directors and its Advisory Board include many well-known and respected community leaders and personalities. Not only has this helped to establish awareness of and credibility for the bank, but their guidance and insight has been invaluable.
In addition to our Westville location, we recently opened our third branch office at 2802 Rt. 130 North in Cinnaminson. These offices are located within the South Jersey marketplace.
