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Amboy Bank Helps Seniors Limit Increases, Save and Pay for Property Taxes

Press Release

taxes

Taxes

OLD BRIDGE – As part an ongoing commitment to assisting their communities, Amboy Bank has implemented a program informing seniors of the New Jersey Senior Property Tax Freeze. The NJ Property Tax Freeze reimburses senior citizens for property tax increases. Amboy Bank has taken the initiative to contact and educate senior clients about the program and to let them know that the filing deadline has been extended to October 18, 2017.

“As a community bank, we are always delighted to help our neighbors in any way we can,” said Amboy Bank’s Executive Vice President and Chief Retail Officer, Gregory Scharpf. “We are using our resources to get out into the community and inform seniors of the tax programs that are available to them. For seniors and non-seniors alike, we also offer a free, convenient tax service that will help them save for and pay their property taxes on time.”

Amboy Bank’s Free Save and Pay Property Tax Service helps reduce the stress of budgeting, saving for and paying property taxes by doing the work for those enrolled. Once the Tax Payment Account is opened, the budgeted amount will be automatically transferred from a linked checking, savings or money market account every month, and Amboy will send the tax payment before the due date each quarter.

For more information about the programs you can visit any Amboy Bank branch or call 877.222.6269.

Founded in 1888, Amboy Bank is a full-service commercial bank with assets of $2.4 billion and 23 offices in central New Jersey. Amboy has been voted Best Bank in Central Jersey for 19 years in row.

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