First-time Homebuyer Counseling in Rahway area

April 19, 2019

RSI Bank recently made a grant of $25,000 to New Jersey Citizen Action (NJCA), a statewide HUD-certified housing counseling agency, to support free first-time homebuyer counseling and education, credit counseling, and foreclosure prevention counseling. RSI Bank provides meeting space to NJ Citizen Action at its Saint George Avenue branch so these important services may be provided to residents of Rahway and the surrounding areas.

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One on one: A conversation between local businesses

April 16, 2019

RSI Bank is proud to have a strong relationship with numerous local businesses, such as Luciano’s Italian Ristorante & Lounge in Rahway. Chef Joseph Mastrella began working in the restaurant industry at the young age of 12 years old. He worked in restaurants throughout high school, later moving on to culinary school where he gained the fundamental tools needed to succeed in the industry. He has worked alongside many talented chefs at a few exclusive restaurants and hotels all over New Jersey.

We recently spoke with Chef Joseph to learn more about the restaurant.

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A Primer on Home Equity Programs

April 9, 2019

A home equity loan or line of credit allows homeowners to borrow money against the equity in the home - that is, the difference between the fair market value of the property and the amount owed on all liens on the property.

Jennifer Glaser, RSI Bank’s Processing Supervisor & Underwriter, provides some insight into home equity loans and lines of credit offered by RSI Bank.

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Public Services Donation

March 28, 2019

RSI Bank recently made donations to the Rahway Fire Department, Police Department, and Emergency Squad to support these important public services. A donation to the Rahway Police Department was made to support their efforts to increase safety in the community. The donation will be used for the enhancement of rescue equipment for emergencies.

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Why Consider a Business Line of Credit?

March 4, 2019

Timing-related issues can sometimes cause cashflow problems for small businesses.  Small businesses often use lines of credit when accounts receivable have not yet been collected, for cashflow infusions to cover payroll, inventory purchases, and materials needed for uninterrupted operations.

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