Kearny Bank Raises Minimum Wage

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Hourly Wage raised at Local Bank

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Kearny Bank, announced today that it has raised its minimum wage to $15 per hour, effective immediately. Kearny made this decision to share the benefits of the recently signed federal tax reform bill that cut the corporate tax rate from 35 percent to 21 percent with its employees.

“We are fortunate to have such a tremendously dedicated and talented staff at Kearny”, said Craig L. Montanaro, President and CEO of Kearny Bank. “Sharing this benefit is in keeping with our corporate culture which recognizes that our employees are a critical component to our success.”

About Kearny Bank
Kearny Financial Corp. is the parent company of Kearny Bank, which operates from its administrative headquarters building in Fairfield, NJ. Kearny Bank has supported the communities it serves since 1884. The bank has assets of $4.8 billion and operates 42 full-service banking offices in northern and central New Jersey, and in Brooklyn and Staten Island, New York. Kearny Bank was recently named to Forbes’ list of the 50 Most Trustworthy Financial Companies.

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