Tara L. French Elected to BCB Bancorp, Inc. and BCB Community Bank Boards of Directors

Rhea-AI Summary

BCB Bancorp, Inc. and BCB Community Bank have elected Tara L. French to their Boards of Directors. Ms. French brings extensive banking and finance experience from her previous roles at Northfield Bank and the Office of the Comptroller of the Currency. Her addition is expected to enhance the Boards' capabilities as they strive to expand their franchise.

BAYONNE, N.J., May 02, 2024 (GLOBE NEWSWIRE) -- BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank” or “BCB”), today announced the election of Tara L. French to the Board of Directors of both BCB Bancorp, Inc. and BCB Community Bank, effective immediately.

Ms. French previously was an officer at Northfield Bank until her retirement in June 2023. She joined Northfield in 2017 as the Chief Administrative Officer, and she was named Chief Risk Officer in September 2020. Prior to joining Northfield Bank, Ms. French was an Assistant Deputy Comptroller at the Office of the Comptroller of the Currency from 2011 to 2017, where she worked in the New York District Office supervising commercial banks and thrifts in the Community Bank Program.

“We are delighted to welcome Ms. French to our Boards of Directors and look forward to working with her as we pursue our mission to grow our franchise,” said Mr. Mark D. Hogan, Chairman of the Board. “Her deep experience in banking and finance, coupled with extensive leadership skills and insight, will be a valued addition and complement the contributions of the other members of our Boards.”

Ms. French will serve on the Audit Committee, the ALCO Committee, and the Nominating/Corporate Governance Committee.

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-seven 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.

In addition to factors previously disclosed in the Company’s reports filed with the U.S. Securities and Exchange Commission (the "SEC") and those identified elsewhere in this release, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: the inability to close loans in our pipeline; changes in asset quality and credit risk; the inability to sustain revenue and earnings growth; changes in interest rates and capital markets; inflation; supply chain disruptions; any future pandemics and the related adverse local and national economic consequences; civil unrest in the communities that the company serves; customer acceptance of the Bank’s products and services; customer borrowing, repayment, investment and deposit practices; customer disintermediation; the introduction, withdrawal, success and timing of business initiatives; competitive conditions; economic conditions; and the impact, extent and timing of technological changes, capital management activities, and actions of governmental agencies and legislative and regulatory actions and reforms.

Contact:
Michael Shriner	Ryan Blake
President & CEO	Chief Operating Officer
201.823.0700, ext. 3270	201.823.0700, ext. 2076
mshriner@bcb.bank	rblake@BCB.Bank

FAQ

Who was elected to the BCB Bancorp, Inc. and BCB Community Bank Boards of Directors?

Tara L. French was elected to the Boards of Directors of both BCB Bancorp, Inc. and BCB Community Bank.

What is the stock symbol of BCB Bancorp, Inc.?

The stock symbol of BCB Bancorp, Inc. is BCBP.

What committees will Tara L. French serve on?

Ms. French will serve on the Audit Committee, the ALCO Committee, and the Nominating/Corporate Governance Committee.

What is Tara L. French's background in banking and finance?

Ms. French previously held officer positions at Northfield Bank and the Office of the Comptroller of the Currency.

When did Tara L. French join Northfield Bank?

Ms. French joined Northfield Bank in 2017 as the Chief Administrative Officer.

When did Tara L. French retire?

Ms. French retired from Northfield Bank in June 2023.

What was Tara L. French's role at the Office of the Comptroller of the Currency?

Ms. French was an Assistant Deputy Comptroller supervising commercial banks and thrifts in the Community Bank Program.

Who is the Chairman of the Board at BCB Bancorp, Inc.?

Mr. Mark D. Hogan is the Chairman of the Board at BCB Bancorp, Inc.