STOCK TITAN

Columbia Bank Hires Executive Vice President, Chief Credit Officer, Matthew Rickert

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary

Columbia Bank has appointed Matthew Rickert as Executive Vice President and Chief Credit Officer, effective immediately. Mr. Rickert, bringing over 20 years of experience from institutions like JPMorgan Chase, will oversee the Bank's credit policies, including Commercial Credit and Special Assets. His previous roles include Market Executive and Credit Risk Director at JPMC. Rickert holds an MBA from Baruch College and a Bachelor's degree from Pennsylvania State University. Columbia Bank, founded in 1927, operates 66 branches across New Jersey with approximately $9.8 billion in assets.

Positive
  • Matthew Rickert's extensive experience in banking and credit can strengthen Columbia Bank's leadership.
  • Rickert's background at JPMorgan Chase may bring valuable insights and practices to Columbia Bank's operations.
Negative
  • Change in executive leadership may raise concerns about continuity in the Bank's strategic direction.

FAIR LAWN, N.J., Sept. 12, 2022 (GLOBE NEWSWIRE) -- Columbia Bank is pleased to welcome Matthew Rickert as Executive Vice President, Chief Credit Officer, effective immediately. In his role, Mr. Rickert is responsible for the Bank’s credit policies including all aspects of Commercial Credit and Special Assets.

Mr. Rickert has over 20 years of diversified experience at premier institutions including senior leadership roles for JPMorgan Chase Bank, N.A. (JPMC). Most recently, he was the Market Executive for Middle Market Banking and Specialized Industries (MMBSI) at JPMC where he oversaw all facets of the portfolio, including sales and client profitability in New Jersey. Previously, Mr. Rickert served as Credit Risk Director where he managed the credit, counterparty, and market risk undertaken by the firm. Prior to that, he held banking and credit roles at Wells Fargo and HSBC.

Mr. Rickert holds a Master of Business Administration from Baruch College and a Bachelor of Arts Degree in Economics and History from The Pennsylvania State University. He serves on the Board of Directors of Commerce and Industry Association of New Jersey (CIANJ). An active member of the community, he supports charitable causes including the Penn State Dance MaraTHON, a student-run philanthropy committed to enhancing the lives of children and families impacted by childhood cancer. Mr. Rickert currently resides in Ridgewood, New Jersey with his wife and two children.

About Columbia Bank
Founded in 1927 and headquartered in Fair Lawn, NJ, Columbia Bank has 66 full-service branch networks spanning the state of New Jersey, an asset base of approximately $9.8 billion. Columbia Bank offers a full suite of consumer and commercial products, including online and mobile banking, localized lending centers as well as title, investment and wealth management services. For more information about Columbia Bank’s complete line of products and services, visit www.ColumbiaBankOnline.com. Follow Columbia Bank on: Facebook, Instagram, Twitter, YouTube & Linked In.

Contact:Tony Rose
 1st Senior Vice President/Marketing Director
 201-794-5828

FAQ

Who is the new Chief Credit Officer of Columbia Bank?

Matthew Rickert has been appointed as the Chief Credit Officer of Columbia Bank.

What experience does Matthew Rickert bring to Columbia Bank?

Matthew Rickert has over 20 years of experience, including senior roles at JPMorgan Chase.

When did Matthew Rickert join Columbia Bank?

Matthew Rickert joined Columbia Bank as Chief Credit Officer effective immediately on September 12, 2022.

How many branches does Columbia Bank operate?

Columbia Bank operates 66 full-service branches across New Jersey.

Columbia Financial, Inc.

NASDAQ:CLBK

CLBK Rankings

CLBK Latest News

CLBK Stock Data

1.92B
26.83M
74.38%
12.73%
2.25%
Banks - Regional
Savings Institution, Federally Chartered
Link
United States of America
FAIR LAWN