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.

Continue reading

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.

Continue reading

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.

Continue reading