Paul Van Ostenbridge Addresses the club

Posted by Russell Kamp 
 
Paul Van Ostenbridge, President of Atlantic Stewardship Bank updated the club on their activities and charity outreach.
 
We were happy to welcome Mr Paul Van Ostenbridge to our club today to update us on Atlantic Stewardship Bank.
 
Paul did a terrific job describing the banking landscape in NJ, with the Northeast being the sweet spot, and the south and west having difficulty.  In addition, he described the industry as being heavily regulated with 5 agencies overseeing their activities.  They are governed by a lot of regulations as a result.  Paul talked about the evolution of banking from when he entered the industry in the '70s until today.  Very challenging, but exciting. He also talked about ASB's tithing, which is 10% of their earnings to philanthropic causes within the community. Their new office in Midland Park will be completed in June. They've closed a branch in Wayne, and they are consolidating commercial lending into the Midland Park facility.
 
Below Paul is photographed with President Elect, Emmy Elliya and long time member Bernie Gallant
 
 
Sponsors