Peoples Security Bank Announces Its First New Jersey Business Center

Peoples Security Bank & Trust Company (“PSBT”), is pleased to announce the official opening of its first business center in New Jersey, located at 444 Hoes Lane/Suite 301/Piscataway, NJ 08854. PSBT is one of the lone Pennsylvania-headquartered community banks to make a large-scale commitment in servicing the state’s small business owners.

Located in the heart of Middlesex County, PSBT will offer an array of commercial and retail loan options for new and existing customers. In comparison to its competitors, the Bank’s services will not be limited to customers in the immediate area, but rather extend throughout the entire state. Its establishment also represents a pivotal move for PSBT regarding its strategic organic growth plans to network outside of its Pennsylvania and New York-based geographic roots.

“Peoples Security Bank & Trust is excited to expand our full-service operations to New Jersey. Customers deserve to have a reputable and reliable financial institution like Peoples Security Bank & Trust that harmoniously unifies banking and business, and experienced banking professionals who are capable of enhancing our evolving services,” shared Neal Koplin, Senior Executive Vice President – Chief Banking Officer. “From complex commercial loans to home mortgages, the Bank is equipped to manage the unique needs of our expanding customer base.”

In addition to the previous executive appointments of John J. Pagano, Senior Vice President, New Jersey Market Manager and Thomas G. Guinan, Senior Vice President, Senior Commercial Lender this past fall, PSBT is also excited to announce additional highly experienced hires to support the Bank’s ongoing operations. Those individuals include Steve DeLuise, Senior Vice President, Senior Commercial Lender; Rhea Alimchandani, Assistant Vice President, Branch Manager; Brenda Rios, Commercial Loan Services Manager; Janina Repetto, Portfolio Manager; and Patti Henne, Portfolio Manager. As the Business Center continues to grow, the Bank is planning to hire more personnel throughout the year.

As the latest business center to open in the Bank’s history, its hours of operation are from Monday-Friday, 8:30 a.m.-4:30 p.m. For customers wishing to schedule a virtual or in-person meeting with a team member, visit the this page for their specific contact information.