BCB BANK PRESIDENT/CEO THOMAS COUGHLIN JOINS NJ CANNABUSINESS BOARD

Trenton —The New Jersey CannaBusiness Association (NJCBA) today announced the addition of BCB Bank President and Chief Executive Officer (CEO) Thomas Coughlin to its Board of Directors. Coughlin becomes the first member of the New Jersey banking industry to sit on NJCBA’s Board, further expanding its business acumen.

“We welcome Thomas to NJCBA and look forward to the thought-leadership and expertise he will bring to our organization,” said NJCBA President Scott Rudder.

“I look forward to sitting on the NJCBA Board and contributing the perspective I can bring as a veteran of the state’s banking sector,” Coughlin said. “Banking is a highly regulated industry, as is the cannabis sector. Therefore, I believe my experience and knowledge can prove beneficial as NJCBA continues to grow and support its members.”

Coughlin has been in the banking industry for over 38 years. He formerly served as Vice President of Chatham Savings Bank and before that as Controller and Corporate Secretary of First Savings Bank of New Jersey. Believing that Bayonne was underserved by community banks, Coughlin, along with the support of local investors, founded Bayonne Community Bank, now BCB Bank, in 2000.  He currently serves as the President of the Bayonne Chamber of Commerce, Executive Board Member of the Hudson County Chamber of Commerce, an active member of Friends of Special Children and a Lifetime Rotarian.

About The New Jersey CannaBusiness Association

The NJCBA’s mission is to promote jobs and growth in a sustainable and responsible cannabis industry. Starting with the pioneers in the medical cannabis market to the emerging players in the adult-use space, the NJCBA’s focus is to make certain that decision makers and regulators understand and respect the needs of the CannaBusiness community and that our community remain responsible corporate citizens. Scott Rudder is a former Republican state legislator, mayor, veteran and current government affairs executive.  In addition to his government and political leadership roles, Scott led Business Development efforts for Lockheed Martin Corporation with a focus on energy systems and radar programs.

About BCB Bancorp, Inc.

Established in 2000 and headquartered in Bayonne, N.J., BCB Bank is the wholly-owned subsidiary of BCB Bancorp, Inc. (NASDAQ: BCBP). The Bank has 30 branch offices in Bayonne, Carteret, Colonia, Edison, Hoboken, Fairfield, Holmdel, Jersey City, Lodi, Lyndhurst, Maplewood, Monroe Township, Parsippany, Plainsboro, River Edge, Rutherford, South Orange, Union, and Woodbridge, New Jersey, and three branches in Hicksville and Staten Island, New York. The Bank provides businesses and individuals a wide range of loans, deposit products, and retail and commercial banking services. For more information, please go to www.bcb.bank.

In September 2019, the company announced its inclusion into the prestigious Sandler O’Neill Sm-All Stars Class of 2019, an elite group of 30 publicly traded small-cap banks and thrifts, based on growth, profitability, credit quality and capital strength.