Page 10 THE VILLADOM TIMES I • September 21, 2011
Business
Columbia Bank president, CEO Hallock to retire
After a 33-year banking career, Raymond G. Hallock has announced his retirement as president and CEO of Columbia Bank. Hallock will remain a member of Columbia’s Board of Directors “It has been a privilege to have worked with Ray and we thank him for his many years of dedicated service,” said Noel R. Holland, chairman of the Columbia Bank Board of Directors. “Under his leadership, Columbia Bank has grown and prospered, more than doubling its assets size and expanding our presence in the State of New Jersey. Columbia is now the largest mutual financial institution headquartered in New Jersey and the third largest mutual bank in the country.” He added, “Columbia will continue to benefit from his counsel as a member of our board of directors.” Hallock joined Columbia in 1978 and served in several senior level positions including vice president, branch administration and senior vice president and funds acquisition officer. He was named executive vice president and chief administrative officer in 1996 and was appointed to the bank’s board of directors in 1999. He became president and chief executive officer in 2002. Prior to joining Columbia, Hallock was a Certified Public Accountant with KPMG Peat Marwick for more than 13 years. A well-known figure in banking, business and community affairs, Hallock actively serves local and charitable causes, including as an advisory board and Finance Committee member for Paterson Habitat for Humanity, Inc.; as an advisory board member of Saint Joseph’s Home for the Elderly, and as a member of the board of directors of the Commerce and Industry Association of New Jersey and the American Bankers Association. He currently serves as chairman of the Hawthorne Zoning Board of Adjustment and has also served as a member of the Hawthorne Board of Education, past president of the Hawthorne Lions and Jaycees Clubs, and past chairman of the New Jersey League of Community Bankers. Hallock earned a bachelor’s degree in accounting from Saint Peter’s College, attended the Graduate School of Savings and Loans at Indiana University, and earned a “Degree of Distinction” from the Institute of Financial Education. An avid golfer, he is a long-time resident of Hawthorne.
Homes currently available in local adult community
Gina M. Palumbo of Abbott & Caserta Realtors knows all about what mature adults are looking for when they are thinking about relocating. Balancing the luxuries homeowners have grown accustomed to with the hope of lessening their financial and maintenance burdens can be a daunting prospect. Palumbo suggests Ryan Mansion Vistas. Barely three miles from Mahwah, this neighborhood is all about luxury, yet offers adult home buyers a low tax rate, low maintenance, and one-level living. If living on a beautiful historic mansion estate, nestled among majestic mountain views, highlighting a quaint selection of carriage homes built of stone seems appealing, Ryan Mansion Vistas may be the answer. Highlighted in SmartMoney.com as one of five luxury retirement communities in March 2011, Ryan Mansion Vistas is a unique, new home community of only 20 carriage homes. Residents need to have one household member at 55 years of age or older and all others at 45 years of age or older. The homes consist of 2,800 square feet almost all on one level with distinguished custom interior finishes in the colors and materials chosen by the buyer. Homeowners also have the benefit of knowing that someone else is going to landscape the gardens, remove trash, plow the driveway, and shovel the walk. Taxes are approximately $8,000 per year and monthly fees are approximately $325. The site offers easy access to Routes 17, 287 and 87, the George Washington and Tappan Zee bridges and the Suffern commuter train station for ease into Manhattan. Prices start in the upper $600,000s. Each home offers two bedrooms, three full baths, a large eat-in-kitchen with granite that opens into a great room with volume ceilings and gas fireplace. Homes also include sliding glass doors to a deck, formal dining room, exquisite master suite, an option for residential elevator lift, a garage that can hold three to four cars, and tons of storage. With 50 percent reserved or under contract, only 10 homes remain available for sale. Ryan Mansion Vistas is exclusively marketed by Abbott & Caserta Realtors. For information, visit www.ryanmansionvistas.com or call Gina M. Palumbo, broker-associate, Abbott & Caserta Realtors, (201) 891-2223, extension 111.