Roselle Savings Bank's 125th Anniversary Recognized With Official Proclamation

Roselle Savings Bank’s

125th Anniversary Recognized

With Official Borough Proclamation



Roselle Savings Bank was presented with an official borough proclamation recognizing its 125th anniversary during an Employee Appreciation Reception on March 18th at the bank’s headquarters location.  Roselle Mayor Jamel C. Holley proudly presented the document to bank officials.  In addition to the recent employee occasion, Roselle Savings Bank will be inviting residents of the local community to join them in celebrating their 125th anniversary during various family-oriented events throughout the month of June at the Roselle, Bernardsville and High Bridge branches.


“We are the same bank we’ve always been when it comes to our customers.  We serve individuals and families, and we’ve always stayed true to our roots,” stated Jill G. Schafhauser, Roselle Savings Bank President/CEO.  In addition, Mayor Holley recalled a childhood memory of the bank, stating, “This bank played a special role in my life.  My brothers and I started Christmas clubs here.  It was the only money I had to buy Christmas presents.  I admire this bank for instilling a sense of saving at such a young age.”  Pictured above displaying the official proclamation are (l to r) Bill Fredericks (Roselle Savings Bank Chairman of the Board), Jill Schafhauser and Mayor Holley.


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.  The bank specializes in banking products and services for individuals and families.  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. Branches are located in Roselle, Bernardsville, High Bridge and Cranford.  The Bank is an Equal Opportunity Lender and a member of the FDIC.  The main office may be reached at 908-245-1885 or you can visit us at www.rosellesavings.com.                                                          


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