Happy New Year from NJM Bank

We wish you a new year filled with hope and prosperity. You can continue to count on NJM Bank, a wholly owned subsidiary of New Jersey Manufacturers Insurance Company, remaining financially strong to serve you.

We especially appreciate our loyal customers because of the extraordinary difficulties affecting the economy in general and the banking sector in particular.

Like our corporate parent, NJM Bank sustains the ideals of Stewardship, Integrity and Service in every customer relationship. We pledge to work every day to earn your confidence.

This past year was one of the most challenging in U.S. financial history. News reports were filled with stories of bank failures, government buyouts and troubled assets bleeding red ink. Rest assured that NJM Bank has avoided the sort of risky subprime lending practices that are the root cause of much of the instability in the banking sector. Careful underwriting means high quality in our loan portfolio. Our balance sheets are sound and our liquidity position is stable.

NJM Bank deposits are secure, with enhanced FDIC protection  making sure your money is safe and available when you need it. Depositors now receive up to $250,000 in insurance coverage until December 31, 2009. Enhanced protection on retirement accounts will remain in place after the end of 2009.

Lee Bellarmino
President & CEO
NJM Bank