CIANJ's Chairman's Reception Saluting the Generosity of Business "Companies that Care" - "Atlantic Stewardship Bank donated more than $508,000 to more than 250 recipients in 2017, including CUMAC, which feeds the hungry; Habitat for Humanity; Oasis, a haven for women and children; and the Christian HealthCare Center, which offers senior living, short-term rehabilitation, and mental health services. The bank donates 10 percent of its annual taxable income (more than $9.3 million to date) as a tithe to area charities." Click here to learn more!
ASB Receives 5-Star Superior Rating - For eight consecutive quarters we have received a 5-Star rating for financial strength from BauerFinancial Inc., the nation’s premier bank rating firm, which has been analyzing and reporting on the nation’s banks since 1983. “By earning Bauer’s highest 5-Star rating, Atlantic Stewardship Bank proves to its customers and the community that it is committed to their needs and to financial discipline,” notes Karen L. Dorway, president of BauerFinancial. “As times change, so do customers’ needs. Community banks like Atlantic Stewardship Bank excel at finding ways to meet these ever-changing needs while maintaining financial discipline and prudent underwriting.”
ASB Appoints Rahbar Ameri to Senior Vice President/SBA Director - Paul Van Ostenbridge, President and Chief Executive Officer of Atlantic Stewardship Bank, recently announced the appointment of Rahbar Ameri to Senior Vice President/Small Business Administration (SBA) Director. Mr. Ameri will manage ASB’s new SBA Department, which is a value-added lending solution for small businesses that do not meet traditional lending requirements. Mr. Ameri has over 25 years of banking experience including management, internal auditing, credit analysis and lending with a skilled background in commercial lending and expertise in SBA lending. In his new role as SBA Director, Mr. Ameri will be responsible for managing the entire SBA process, from establishing products and policies to cultivating, underwriting and closing loans for business customers.
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