Penn Federal Savings Bank

Kearny Bank is dedicated to providing professional service and sound financial advice to our client and shareholder base. This is successfully accomplished through deep-rooted guiding principles of strong values consisting of ethics and integrity, and by giving back to the communities we serve. Through our financial expertise, strong leadership, and loyal relationships, we help our clients achieve their financial goals both For Today and For Tomorrow.

Kearny Federal Savings is a financial institution based in Lakewood, NJ, offering a range of banking services to individuals and businesses in the local community. With a focus on providing traditional banking products and personalized customer service, Kearny Federal Savings aims to meet the financial needs of its clients in a reliable and efficient manner. Generated from their business information

Founded in 1987, College Savings Bank offers the CollegeSure CD, a certificate of deposit indexed to college costs and guaranteed to meet future tuition, fees, room and board. It's backed by the full faith and credit of the United States up to $100,000 per depositor. The bank invests primarily in high-grade, adjustable-rate mortgage-backed securities, the majority of which are guaranteed by the U.S. government or its agencies. It limits its investments in this manner in order to avoid the types of credit risks that have often financially impaired other banks. The bank designs its investment portfolio and updates that portfolio periodically to match the interest rate sensitivities of its assets and liabilities. It pursues this matching to avoid the extreme interest rate exposure that has adversely affected many other banks. College Savings Bank is located in Princeton, N.J.