John Rath, Chief Lending Officer of Lakeland Bank & Advisory Board Member of the Food Bank of the Hudson Valley

Manufacturing Matters with The Council of Industry

In this podcast episode, Harold King, President of the Council of Industry, sits down with John Rath, Chief Lending Officer of Lakeland Bank & Advisory Board Member of the Food Bank of the Hudson Valley.

Since the needs of the Hudson Valley are growing, the Regional Food Bank of Northeastern New York and Food Bank of the Hudson Valley are embarking on a $6.5M Capital Campaign for a new facility that will resolve current space limitations and position them to meet the demand for the foreseeable future. To find out more information on this initiative, and to donate, visit regionalfoodbank.net/hudsonvalleyproject.

Lakeland Bank manages $10 billion in assets, serving New Jersey and Highland Mills, N.Y. It focuses on financial strength, offering services like commercial loans, healthcare loans, and treasury management. For consumers, it provides deposit accounts, digital banking, loans, and wealth management. The bank has received awards like Forbes' Best-In-State Bank for five years, American Banker's Best Bank to Work For, Bauer Financial's 5-Star Bank, NJBIZ's 50 Fastest Growing Companies, and Piper Sandler Sm-All Stars.

Harold and John in this episode delve into John's journey in the banking industry, his involvement in economic development, and his dedicated work with various charity organizations, including the Food Bank of the Hudson Valley. John discusses the crucial role the Food Bank plays in providing food to those in need across the Hudson Valley region. The Food Bank is currently embarking on a capital campaign to build a new 40,000 square foot warehouse in Montgomery, New York, which will significantly expand its capacity to store and distribute food to local agencies and communities. John highlights the importance of this project, the urgency of raising the necessary funds, and the widespread support the campaign has received from local businesses, leaders, and organizations. As we explore the economic landscape, John discusses the factors influencing the region, from rising interest rates to the challenges faced. He emphasizes that the Food Bank's mission to provide food to those in need will always be essential, especially during economically challenging times.

For more information about the capital campaign, and to donate, visit regionalfoodbank.net/hudsonvalleyproject.

For more information about Lakeland Bank visit their website at lakelandbank.com or their Facebook at facebook.com/LakelandBank.

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The Council of Industry has been the manufacturer’s association of the Hudson Valley since 1910. We are a privately funded not-for-profit organization, whose mission is to promote the success of our member firms and their employees, and through them contribute to the success of the Hudson Valley Community. For more information about the Council of Industry visit our website at councilofindustry.org.