Exhibit 99.1
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Contact: |
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Michael Shriner |
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Ryan Blake |
President & CEO |
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Chief Operating Officer |
201.823.0700, ext. 3270 |
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201.823.0700, ext. 2076 |
mshriner@bcb.bank |
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rblake@BCB.Bank |
BCB Bancorp, Inc. and BCB Community Bank Elect Michael J. Widmer to its Boards of Directors
Bayonne, NJ December 5 2024 BCB Bancorp, Inc. (the Company), (NASDAQ: BCBP), the holding company
for BCB Community Bank (the Bank or BCB), today announced the election of Michael J. Widmer to the Board of Directors of both BCB Bancorp, Inc. and BCB Community Bank, effective December 4, 2024.
Mr. Widmer has over 40 years of banking experience in New Jersey. He most recently worked as a bank consultant for BCB Community Bank where he aided
management and staff on a variety of projects including the installation of two loan origination systems, the review and negotiation of its data processing system contract, and the installation of a new online banking system. Prior to consulting for
BCB, Mr. Widmer retired from Northfield Bank where he held the position of Executive Vice President, Head of Operations. During his eighteen-year tenure at Northfield Bank, Mr. Widmer was responsible for all Deposit Operations, Loan
Servicing, BSA, Security, Property Management, and Information Technology. Prior to that, Mr. Widmer was Executive Vice President, Chief Operation Officer, Chief Financial Officer and Director at Liberty Bank in Avenel, NJ. Mr. Widmer
holds a M.B.A in Finance/Economics from St. Johns University and a B.S in Accounting from Rutgers University.
We are very fortunate to have
Michael join our Boards of Directors, said Mr. Mark D. Hogan, Chairman of the Board. Michaels extensive experience in banking operations and broad depth of knowledge should help propel us going forward, as we look to grow
in our markets.
About BCB Bancorp, Inc.
Established in 2000 and headquartered in Bayonne, N.J., BCB Community Bank is the wholly-owned subsidiary of BCB Bancorp, Inc. (NASDAQ: BCBP). The Bank has
twenty-three branch offices in Bayonne, Edison, Hoboken, Fairfield, Holmdel, Jersey City, Lyndhurst, Maplewood, Monroe Township, Newark, Parsippany, Plainsboro, River Edge, Rutherford, South Orange, Union, and Woodbridge, New Jersey, and four
branches in Hicksville and Staten Island, New York. The Bank provides businesses and individuals a wide range of loans, deposit products, and retail and commercial banking services. For more information, please go to www.bcb.bank.
Forward-Looking Statements
This release, like many
written and oral communications presented by BCB Bancorp, Inc., and our authorized officers, may contain certain forward-looking statements regarding our prospective performance and strategies within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private
Securities Litigation Reform Act of 1995, and are including this statement for purposes of said safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations of the
Company, are generally identified by use of words anticipate, believe, estimate, expect, intend, plan, project, seek, strive,
try, or future or conditional verbs such as could, may, should, will, would, or similar expressions. Our ability to predict results or the actual effects of our plans or
strategies is inherently uncertain. Accordingly, actual results may differ materially from anticipated results.