Gratefully accepting a welcome Roselle Savings Bank donation presented by bank President and CEO Detlef Felschow (at right) are Raritan Valley Habitat for Humanity Construction Manager David Polomski and Executive Director, Jan Holmstrup. Raritan Valley Habitat for Humanity has earmarked the funds in support of its efforts to build strength, stability, self-reliance and shelter for deserving residents of Somerset and Hunterdon Counties.
Roselle Savings Bank, headquartered in Roselle, New Jersey, has made a generous donation to Raritan Valley Habitat for Humanity. Habitat for Humanity is a homeownership program for low-income families in Somerset and Hunterdon Counties who are in need of a safe and affordable home.
According to Raritan Valley Habitat for Humanity Executive Director Jan Holmstrup, “We genuinely appreciate the support of Roselle Savings Bank in our mission to bring people together to build homes, communities, and hope. Our belief is that everyone everywhere deserves a decent place to live, and our program gives people ‘a hand up – not a hand out.’ We look forward to our continued partnership with the bank.”
Each Habitat homeowner invests hundreds of hours to help build their home, and then purchases it with an affordable, zero-percent interest mortgage.
Roselle Savings Bank’s President and CEO Detlef Felschow also commented, “We can fully resonate with Raritan Valley Habitat for Humanity’s goal of empowering families who are willing to work hard to achieve their dream of homeownership. Roselle Savings Bank has focused on that same concept for some 127 years now, providing affordable mortgages requiring no private mortgage insurance (PMI), and even offering an attractive first-time homebuyers mortgage.”
Roselle Savings Bank originally opened its doors in May of 1889 as the Roselle Building and Loan Association, serving what is now the Borough of Roselle and the surrounding communities. The bank specializes in banking products and services for individuals and families.
Through the years, Roselle Savings Bank has grown to serve residents not only in Union County, but also in Hunterdon, Somerset, Essex, Middlesex, Morris and Warren counties. Branches are located in Roselle, Cranford, High Bridge and Bernardsville. The bank is an Equal Opportunity Lender and a member of the FDIC. The main office may be reached at 908-245-1885 or by visiting www.rosellesavings.com.
To donate, volunteer or apply for their affordable home program, Raritan Valley Habitat for Humanity can be reached at 908-704-0016, or by visiting www.rvhabitat.org. To donate a car to help build homes, call 877-277-4344 or visit www.carsforhomes.org. Raritan Valley Habitat for Humanity is an Equal Housing Opportunity organization.