Roselle Savings Bank Seeks Memorabilia For 125th Anniversary Celebration

NJTODAY.NET's online business directory
Pictured above reviewing Roselle Savings Bank records and printed materials from the archives of the Bank and the Borough of Roselle are (l-r) Roselle Savings Bank President and CEO Jill Schafhauser, Roselle historian Mr. William Froelich, and Bank Senior Vice President and Human Resources Director, Janice Ritz.   Mr. Froelich is part of the planning team for the Bank’s 125th anniversary celebration, and is providing the history of both Roselle Savings Bank as well as the local community.  Many interesting stories about the history of Roselle are passed along only by word of mouth, thus Mr. Froelich’s assistance has become a key part of the observance.

Pictured above reviewing Roselle Savings Bank records and printed materials from the archives of the Bank and the Borough of Roselle are (l-r) Roselle Savings Bank President and CEO Jill Schafhauser, Roselle historian Mr. William Froelich, and Bank Senior Vice President and Human Resources Director, Janice Ritz. Mr. Froelich is part of the planning team for the Bank’s 125th anniversary celebration, and is providing the history of both Roselle Savings Bank as well as the local community. Many interesting stories about the history of Roselle are passed along only by word of mouth, thus Mr. Froelich’s assistance has become a key part of the observance. (Photo: Christensen Tamburri Communications)

ROSELLE – Roselle Savings Bank, a local mainstay bank since 1889, is seeking bank memorabilia from the past to help celebrate its upcoming 125th anniversary in 2014. Serving the greater Roselle area for over 12 decades, the Bank now has additional branches in Cranford, Bernardsville and High Bridge.

To add a sense of fun and history to next year’s 125th anniversary, the Bank is asking the public to lend them any artifacts or memorabilia they may have, such as Roselle Savings Bank pens, letter openers, paperweights, coin banks, jar openers, etc. Any items that are brought into the Bank’s Main Office in Roselle will be logged in and placed on display, and then returned to the owner at the conclusion of the anniversary year. If you have something of interest, the Bank encourages you to call Janice Ritz at 908-245-1885, or drop off your item(s) at the Main Office, located at 235 Chestnut Street, Roselle.

Roselle Savings Bank’s original location, on Chestnut Street near First Avenue in Roselle, is shown in this historical photograph circa 1890.  The building is still standing today, but due to numerous renovations it bears little resemblance to its original design.

Roselle Savings Bank’s original location, on Chestnut Street near First Avenue in Roselle, is shown in this historical photograph circa 1890. The building is still standing today, but due to numerous renovations it bears little resemblance to its original design.

Roselle Savings Bank President and CEO, Jill Schafhauser, was a pre-teenager when her mother was an employee at the Bank. Ms. Schafhauser recalls visiting the Bank with her mother at the same location on Chestnut and Third where the Main Office still stands today. According to Ms. Schafhauser, “It was a while back, but I do remember visiting the Bank when my mother was working here. My earliest recollections were when I was about 8 years old. Of course, at the time I didn’t know what my ultimate occupation might be, but I never thought I’d become the President of Roselle Savings Bank. It has been a wonderful experience working here my entire career, and I am thrilled to be at the helm during this exciting time as we approach our 125th anniversary. My mother is doubly thrilled that the Bank has been so successful for all these years, and that her daughter has followed so closely in her footsteps.”

Roselle Savings Bank originally opened its doors in May of 1889 as the Roselle Building and Loan Association, serving what is now the Borough of Roselle and the surrounding communities. At the time, Roselle was a part of Linden. The Bank is a state chartered mutual savings bank.

As one of New Jersey’s oldest financial institutions, Roselle Savings Bank has endured — and even thrived — through some very challenging periods in our country’s history, including World War I, World War II, the Great Depression, and the banking crisis of the 1980s, when a record number of banks failed. Through the years, Roselle Savings Bank has grown to serve residents not only in Union County, but also in Hunterdon, Somerset, Essex, Middlesex, Morris, and Warren counties. In 1983, the Bank acquired its branches in Bernardsville and High Bridge, and in 1995 the Bank opened its Cranford branch.

The Main Office may be reached at 908-245-1885, or accessed on the Internet at www.rosellesavings.com. The Bank is an Equal Opportunity Lender, and a member of the FDIC.


Connect with NJTODAY.NET


Join NJTODAY.NET's free Email List to receive occasional updates delivered right to your email address!
Email ads@njtoday.net for advertising information Send stuff to NJTODAY.NET Like Us On Facebook Follow Us On Twitter Download this week's issue of NJTODAY.NET

Leave a Reply