Columbia Financial, Inc. (CLBK)

17.19 +0.32 (+1.90%) At close: 4:00PM EST

Columbia Financial, Inc.

19-01 Route 208 North
Fair Lawn, NJ 07410
United States
800-522-4167
http://www.columbiabankonline.com

Sector(s): Financial Services
Industry: Banks—Regional
Full Time Employees: 557

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Thomas J. Kemly	Pres, CEO & Director	1.81M	N/A	1958
Mr. Dennis E. Gibney C.F.A., CFA	Exec. VP & CFO	800.36k	N/A	1974
Mr. Edward Thomas Allen Jr.	Sr. EVP & COO	987.38k	N/A	1957
Mr. John Klimowich	Exec. VP & Chief Risk Officer	636.26k	N/A	1963
Ms. Allyson Katz Schlesinger	Exec. VP & Head of Consumer Banking	646.98k	N/A	1972
Mr. Damodaram Bashyam	Exec. VP and Chief Information & Digital Officer	N/A	N/A	1973
Ms. Geri M. Kelly	Exec. VP & HR Officer	N/A	N/A	1957
Mr. Brian W. Murphy	Exec. VP & Operations Officer	N/A	N/A	1960
Mr. Joseph Francis Dempsey Jr.	Exec. VP & Head of Commercial Banking	N/A	N/A	1962
Mr. Oliver Edward Lewis Jr.	Exec. VP & Head of Commercial Banking	N/A	N/A	1965

Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Columbia Financial, Inc. operates as the bank holding company for Columbia Bank that provides financial services to businesses and consumers in the United States. The company offers non-interest-bearing demand deposits, such as individual checking and commercial checking accounts; interest bearing demand accounts comprising interest earning checking accounts and municipal accounts; and savings and club accounts, money market accounts, and certificates of deposit. It also provides loans, including multifamily and commercial real estate loans, commercial business loans, one- to four-family residential loans, construction loans, home equity loans and advances, and other consumer loans. In addition, the company offers title insurance products; wealth management services; and cash management services, including remote deposit, lockbox service, and sweep accounts. As of December 31, 2019, it operated 64 full-service banking offices in ten of New Jersey's 21 counties. The company was founded in 1927 and is headquartered in Fair Lawn, New Jersey. Columbia Financial, Inc. is a subsidiary of Columbia Bank MHC.

Corporate Governance

Columbia Financial, Inc.’s ISS Governance QualityScore as of December 3, 2020 is 5. The pillar scores are Audit: 3; Board: 7; Shareholder Rights: 6; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.