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Columbia Bank Announces the Appointment of David R. Taylor to its Board of Directors

Press Release Image Headshot David R. Taylor Columbia Bank scaled

David R. Taylor, Columbia Bank. Image  Courtesy of Columbia Bank

the staff of the Ridgewood blog

Fair Lawn NJ, Columbia Bank is pleased to announce, David R. ”Russ” Taylor has been appointed to its  Board of Directors, effective May 1, 2022. Mr. Taylor was elected to the role in connection with the Columbia Bank’s  acquisition of RSI Bancorp, Inc. (“RSI”), completed on May 1, 2022. 

Mr. Taylor, who most recently served as the Chair, President, and Chief Executive Officer of RSI Bank, began his career with the financial institution in 1979, became  President and Chief Executive Officer on April 1, 1993, and assumed the position of  Chairman of the Board of Directors on June 1, 2009.  “We are very happy that Russ Taylor will be joining the Columbia Bank Board of  Directors. Russ has been a leader in the NJ Banking industry and his experience and  market knowledge will help Columbia continue to serve our customers and  communities”, said Thomas J. Kemly, President and CEO of Columbia Bank.  

In addition to his tenure at RSI, Mr. Taylor contributes to Columbia Bank’s Board,  decades of industry experience from other financial organizations. He was appointed  to the Federal Reserve Board of Governors’ Thrift Institutions Advisory Council (TIAC)  in 2005; served as TIAC Vice President in 2006 and as TIAC President in 2007. Mr.  Taylor also was a member of the Fannie Mae National Advisory Council between  2001 and 2003.  

In June 2007, Mr. Taylor was elected to the Board of Directors of the New Jersey  Bankers Association (NJBA) and, following the merger with the New Jersey League  of Community Bankers (NJL), served as a Director for the combined organization  until June 30, 2010. He remains a member of the NJBA Government Affairs Council  and the Legislative & Regulatory Committee.  

In December 2008, Mr. Taylor had joined the Board of Directors of Pentegra Retirement Trust, a division of Pentegra  Retirement Services, Inc., in addition to also serving as a director of the Pentegra Trust Company. Prior to its merger with  Pentegra, he was on the Board of Directors of Retirement System Group, a company specializing in retirement services,  from 2004 until 2008. He has been very active with civic organizations, serving on numerous local boards.  

Mr. Taylor is a 1975 graduate of Rutgers College in New Brunswick, New Jersey and a 1989 graduate of the National  School of Banking. He also received his Master’s Degree from Rutgers College Graduate School of Economics in 1977.  Mr. Taylor and his wife Susan reside in Rahway, New Jersey and have three grown children and nine grandchildren.  

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 $9.1 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.  

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