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Lakeland Bank overview

Industry
Finance
Revenue
Headquarters
Employees
717
Founded In
Website
Organization Type
Public
Social Media
Lakeland Bank offers a variety of personal banking, business banking & wealth management products to communities in New Jersey & New York.
The staff at Lakeland Bank come from unusually diverse demographic backgrounds. The company is 63.7% female and 41.5% ethnic minorities. Despite its diversity in other areas, Lakeland Bank employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 92.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Lakeland Bank has great employee retention with staff members usually staying with the company for 4.5 years.
Based in New Jersey, Lakeland Bank is a medium-sized finance company with 717 employees and a revenue of $1.3B.

Lakeland Bank's Mission Statement

To inspire and enable the communities we serve to achieve financial stability and success. With a passion for excellence, we strive to exceed the expectations of our customers, associates, and shareholders.

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4.5/5

Lakeland Bank employee reviews

Based on 2 ratings

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Lakeland Bank employee reviews

Lakeland Bank employee reviews
4.5/5

Based On 2 Ratings

Work At Lakeland Bank? Share your experience.
Employee Reviews
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5.0
A zippia user wrote a review on Nov 2024
Pros of working at Lakeland Bank

Strong community focus, opportunities for career growth, supportive work environment, competitive benefits, and involvement in local events.

Cons of working at Lakeland Bank

Limited career advancement opportunities, potential for low pay compared to larger banks, and a smaller employee network. Some employees may find the work environment less dynamic or innovative.

Lakeland Bank Benefits

Flexible work hours! It really helps with work-life balance.

What do you like best about Lakeland Bank's CEO and the leadership team?

I admire their strong vision and ability to inspire the team. They foster a collaborative culture and prioritize open communication, which builds trust and drives innovation.

How would you improve Lakeland Bank's culture?

Foster open communication, recognize achievements, promote work-life balance, and encourage collaboration through team-building activities.

How did you prepare for the Lakeland Bank interview?

I researched the company, practiced common interview questions, and prepared thoughtful questions to ask the interviewer. I also focused on my resume and highlighted my relevant experiences.

How does your compensation at Lakeland Bank compare to the industry average?

110000 per annum

What's the diversity at Lakeland Bank like?

I believe that diverse representation enhances creativity and innovation, fostering a stronger sense of community and understanding within the organization. It's essential for our growth and success.

What brings you the most joy at Lakeland Bank?

Seeing my team succeed and knowing that we make a positive impact.

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The team at Lakeland Bank

  • The key people at Lakeland Bank is Thomas J. Shara.
Key People
Thomas J. Shara

Lakeland Bank Rankings

Lakeland Bank is ranked #23 on the Best Finance Companies to Work For in New Jersey list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Evaluate Lakeland Bank's commitment to diversity and inclusion.

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Lakeland Bank diversity

9.5
Diversity Score
We calculated Lakeland Bank’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Lakeland Bank’s workforce.
Lakeland Bank diversity summary. Zippia estimates Lakeland Bank's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Lakeland Bank's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Lakeland Bank's workforce.
  • Lakeland Bank has 717 employees.
  • 64% of Lakeland Bank employees are women, while 36% are men.
  • The most common ethnicity at Lakeland Bank is White (59%).
  • 18% of Lakeland Bank employees are Hispanic or Latino.
  • 12% of Lakeland Bank employees are Black or African American.
  • The average employee at Lakeland Bank makes $40,865 per year.
  • Lakeland Bank employees are most likely to be members of the democratic party.
  • Employees at Lakeland Bank stay with the company for 4.5 years on average.

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Lakeland Bank Office Locations

Lakeland Bank is headquartered in Ridgefield, NJ

Biggest Lakeland Bank Locations

RankCityJob CountAvg. Salary
1Ridgefield, NJ14$43,785
2Montville, NJ4$43,774
3Clifton, NJ3$43,774

Lakeland Bank Financial Performance

9.9
Performance Score

We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Lakeland Bank currently has 1.3B in revenue. Lakeland Bank's most recent quarter produced 280.7m (q3'2023).

Highest paying Lakeland Bank competitors

Compare Lakeland Bank salaries to competitors, including Bank of the West, Choiceone Financial Services, and M&F; Bank. Employees at Bank of the West earn the highest average yearly salary of $83,013. The salaries at Choiceone Financial Services average $60,069 per year, and the salaries at M&F; Bank come in at $56,793 per year.

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Zippia gives an in-depth look into the details of Lakeland Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lakeland Bank. The employee data is based on information from people who have self-reported their past or current employments at Lakeland Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Lakeland Bank. The data presented on this page does not represent the view of Lakeland Bank and its employees or that of Zippia.

Lakeland Bank may also be known as or be related to LAKELAND BANCORP INC, Lakeland Bancorp Inc, Lakeland Bancorp, Inc. and Lakeland Bank.