Lakeland Bank & Highlands State Bank - Sometimes, two things fit together perfectly!

We are a community bank committed to you!

The relationships we develop with our customers are more than a series of transactions... they are built on honesty, integrity and reliability. When it comes to banking you can count on us. Below are answers to some of the questions that may be asked about the merger of Highlands State Bank with Lakeland Bank.

When will the merger transition to Lakeland Bank be completed?

The system conversion is currently scheduled for April 2019. We will maintain normal business operations throughout the merger transition and you will continue to receive the personalized service you have come to expect from Highlands State Bank. We will update you as we progress through the conversion process.

How and where should I conduct business during the merger transition?

During the transition period, we ask you to conduct business as usual with Highlands State Bank. Please continue to use the Highlands State Bank branches, website and ATMs as well as mobile and online banking, bill pay, your current checks and debit cards.

How will the merger impact me as a customer?

After the conversion currently scheduled for April 2019, Lakeland Bank will provide an exceptional banking experience that offers customers personalized banking services, state-of-the-art online and mobile banking technology, a network of more than 50 office locations, and access to 55,000 surcharge-free ATMs worldwide.

Will my Highlands State Bank branch location be closing?

The following changes will occur in connection with the conversion in April: The Vernon branch will be closed and consolidated into the Lakeland Bank office located at 529 Route 515 in Vernon. The current Highlands State Bank staff will be relocated to this Lakeland Bank office and will continue to serve you.

The Sparta branch will be closed and consolidated into the Lakeland Bank office located at 7 Town Center Drive in Sparta. The current Highlands State Bank staff will be relocated to this Lakeland Bank office and will continue to serve you.

The Highlands State Bank branches in Denville and Totowa will remain open and the current staff will continue to serve you.

Will my Highlands State Bank lending relationship change?

There will be no change to your lending relationship and the Relationship Manager who currently serves you will continue to do so.

What happens to my FDIC insurance coverage if I have deposits at both banks?

If you have accounts at Highlands State Bank and Lakeland Bank, your accounts will be separately insured through the FDIC until six months after the legal acquisition date and possibly longer for Certificates of Deposit (CDs). For CDs, FDIC insurance will continue until the maturity date, even if the maturity date comes after the grace period. For CDs that mature during the grace period, if you rollover your CD for the same term and in the same dollar amount, it will be insured separately until the new maturity date.

When can I start banking at Lakeland Bank locations?

You will be able to use all of the Lakeland Bank locations after the conversion in April 2019. Until that time, please continue to use the Highlands State Bank branches, website and ATMs as well as mobile and online banking, bill pay, your current checks and debit cards. We will update you well in advance regarding the actual conversion date.

When will I be issued new checks, a debit card, deposit slips, etc. with the Lakeland Bank name?

We are currently working to map products from Highlands State Bank to Lakeland Bank and will provide updates with specific details and changes well in advance of the conversion date in April 2019.

How can I stay informed regarding this conversion?

You will be receiving ongoing communication via mail, email and on the Highlands State Bank website. Please check the website periodically for updates.

Who should I contact if I have questions?

Please contact your Highlands State Bank branch manager or relationship manager if you have any questions or need assistance with your existing accounts, loans, or other financial services and products.

What should I know about Lakeland Bank?

Lakeland Bank was established in 1969 and is preparing to celebrate its 50th Anniversary in May 2019. Headquartered in Oak Ridge, NJ, the Bank has grown from one office to a network of over 50 offices located throughout Bergen, Essex, Morris, Ocean, Passaic, Somerset, Sussex, and Union counties in New Jersey and opened a branch in Highland Mills, NY in 2017. The Bank has regional commercial lending centers in Bernardsville, Jackson, Montville, Newton, Teaneck and Waldwick in NJ and one in Highland Mills, NY. Lakeland also has a commercial loan production office in Iselin to serve Middlesex and Monmouth counties.

Lakeland Bank has a long-standing tradition of embracing the spirit of community involvement and is dedicated to fostering a corporate culture of caring. The Bank supports numerous events, charitable organizations and neighborhood programs in all of the markets it serves. In 2018, Lakeland Bank raised over $190,000 at its annual scholarship golf outing which will be awarded to students graduating this year from local high schools in the markets we serve.