The Washington Business Improvement District (WBID) recently accepted a $1,000 grant from the Investors Savings Bank Foundation.  From left to right: Monika Hamburger, president of the Board, WBID; Ada Melendez, VP, Business and Community Development, Investors Savings Bank; Sandi Cerami, executive director, WBID; Manju Kumar, branch manager, Investors Savings Bank; and Gabrielle Riotto, customer service associate, Investors Savings Bank.

Photo credit: Brendan Middleton

WASHINGTON, N.J. (July 3, 2010) — Representatives from the Investors Savings Bank Foundation recently awarded a $1,000 charitable grant in support of the Washington Borough Business Improvement District’s central downtown redevelopment project.

Since 2003, the Business Improvement District (WBID) has helped invest $6 million in capital and physical improvements throughout downtown Washington.  The long-term redevelopment plan currently under way will transform a vacant lot near the downtown parking area into a community gathering and recreation space, which will include shade trees and landscaping, benches, and a small stage for musical events and performances.

“Washington is home to a burgeoning downtown, a bustling farmer’s market, and Warren County’s largest street and music festival,” said Sandi Cerami, WBID’s executive director.  “This donation will support a redevelopment plan that will continue to expand economic growth in the borough.”

“We are very thankful for the generous support of the Investors Savings Bank Foundation,” added WBID Board President Monika Hamburger.

“The Investors Savings Bank Foundation is committed to supporting non-profit organizations that enhance the communities the bank serves,” said Kevin Cummings, president and CEO of Investors Savings Bank.  “We’re pleased to play a role in contributing to the success and prosperity of the historic borough of Washington.”

About the Investors Savings Bank Foundation

Investors Savings Bank has been serving New Jersey residents since 1926. With $8.7 billion in assets and a network of 65 branches in ten Garden State counties, the Bank delivers personalized and friendly services and products tailored to the needs of customers. The range of products includes mortgages, home equity loans and lines of credit, CDs, and a variety of checking and savings accounts.  The Investors Savings Bank Foundation and its dedicated employees support organizations that enrich the quality of life in the communities the Bank serves.  To date, the Foundation has dispensed more than $3 million to support initiatives ranging from community and civic improvements to the fight against diseases. For more information about Investors Savings Bank, contact the Bank at 1.800.252.8119 or visit www.isbnj.com.