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Haddon Savings Bank
 
 
Overview: 

Welcome to Haddon Savings Bank’s home on the World Wide Web. We provide a full range of products and services for the residents we serve in Camden, Burlington and Gloucester Counties.

We are your local, hometown bank in this part of southern New Jersey. All decisions are made here. Your money goes to work right in your community. Policies that affect you and your money are made by people who know you and your neighbors. Our customers feel this is a distinct advantage.

We put customers first. It is a genuine commitment from every Haddon Savings Bank employee, including myself. We strive to be your bank of choice.

If you’re a customer now, you know how hard we work to meet your expectations and anticipate your needs. If you are not a customer, we are sure you will be pleasantly surprised. As you browse through this Web site, you will see we have a lot to offer. We invite you to become a Haddon Savings Bank customer. It will definitely be a choice for the better.
History: 

Thirteen individuals formed the Haddon Heights Building and Loan Association on February 4, 1905. It was a mutual association, formed to help individuals buy a home. The Association was formed with an initial investment of $69,000.

The first president of the Bank was Fredrick Fries. The first solicitor was Frank B. Jess. Mr. Fries was president or chairman from 1905 to 1954. The Association met monthly from 1905 to 1939. During that time its assets grew to $555,000.

On September 1, 1939, the Haddon Heights Building and Loan merged with the Victory Building and Loan of Haddon Heights. The combined banks had assets of $728,000. At the time of the merger, the Association established an office at 602 Station Avenue, Haddon Heights that was open during regular business hours from Monday through Friday.

The Association opened a branch in Cherry Hill in 1955. In 1956, the Association moved its main office to its current location at 201 White Horse Pike, Haddon Heights. The Association grew significantly in the 1960s and 1970s. Assets grew from $14 million in 1960 to $168 million in 1980.

The 1980s brought the savings and loan crisis. The Association’s growth slowed, but it was able to weather the crisis, during which many of its peers went bankrupt. In 1995, the Association became Haddon Savings Bank.

Recent years have brought significant competition from many types of financial institutions. There have also been many changes in technology and in the way people use banking services.

Despite these changes, Haddon Savings, at more than 100 years old, continues to be a financially strong community bank, dedicated to giving quality service to the local community.


 
 
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