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Building Your Future... Celebrating our Past

It was a century ago on June 26, 1922, when the name Sturdy first appeared on the banking scene in Cape May County. This is the date that Sturdy Building and Loan Association was first established in Stone Harbor, NJ.

Since then, Sturdy Savings Bank has become a part of the fabric in Cape May County and Somers Point, NJ. Today, Sturdy has 14 branch locations, Sturdy Financial Services, and standing prominently on Main Street in Cape May Court House, our Administration Building – where all administrative, mortgage lending, commercial lending and corporate functions presently take place.

We will be celebrating our Centennial all year and we invite you to join in the festivities! Keep an eye out for special event announcements throughout the year.

 

Looking Back

Here is an at-a-glance timeline of Sturdy Savings Bank’s growth over the past century:

June 26, 1922
Sturdy Building and Loan Association was established.

July 1941
Sturdy Building and Loan Association changed its name to Sturdy Savings and Loan Association.

May 1943
Sturdy opened its first branch office at 9417 Third Avenue in Stone Harbor.

May 1971
A second branch office opened at 26th Street and Dune Drive in Avalon.

March 1973
The third Sturdy Savings branch at Route 47 in Dennisville opened to the public.

June 1975
Sturdy’s main office at 9417 Third Avenue opened its doors in a newly constructed building, its current branch location.

March 1981
Sturdy opened its fourth branch by renting a storefront in the Breakwater Plaza in North Cape May.

November 1982
Sturdy Savings completed the construction of a fifth branch office at 17 South Main Street in Cape May Court House.

February 1986
A new building was constructed at 3851 Bayshore Road in North Cape May and opened as the new North Cape May branch.

December 1992
Sturdy Savings and Loan Association modified its charter to that of a savings bank, changing its name to Sturdy Savings Bank, to enhance both its savings and lending programs and to offer a more comprehensive array of services to customers.

January 1994
Sturdy opened its sixth branch in a rented storefront at 1432 Texas Avenue in Cape May.

May 1996
Sturdy moved the Cape May branch operations from the Texas Avenue location to a newly constructed branch office at the current location, 701 Washington Street.

January 2000
Sturdy Savings Bank officially opened the doors to a new Administration Office at 506 South Main Street in Cape May Court House housing all administrative functions at one central location. Executive Offices, MIS, Mortgage Lending, Commercial Lending, Human Resources, Internal Audit, Finance, Branch Administration, Deposit Services, and Electronic Banking also moved into the new facility.

2004
A new, larger building was constructed at the Dennisville branch location, replacing the old building.

April 2007
Sturdy Savings Bank opened its seventh branch at 101 East 34th Street in Ocean City.

April 2009
Sturdy opened its eighth branch location at 661 Asbury Avenue in Ocean City.

March 2015
Sturdy acquired seven branches of Sun National Bank and established five additional branch locations: Somers Point, North Wildwood, Wildwood Crest, Rio Grande, and Tuckahoe. Sun’s Cape May and Cape May Court House branches were consolidated into the existing Sturdy Savings branches in those two locations, and the Cape May building was sold. The Cape May Court House building was soon converted to become the office for Sturdy Financial Services.

November 2016
Sturdy Savings Bank held a ribbon cutting ceremony to officially mark the opening of the new Sturdy Financial Services office at 103 North Main Street in Cape May Court House.

March 2018
Sturdy celebrated the opening of its 14th branch location at 46 South Shore Road in Marmora.

At Sturdy Savings Bank, we are more than just branch locations – we are an integral part of the communities we serve. We are dedicated to giving back, through support of local organizations and participation in community events taking place throughout Cape May County and Somers Point. We have been and will continue to be Here For You.

 

Looking Ahead

Our 100th year is full of promise and continued growth. Look to Court House Commons at 601 South Main Street in Cape May Court House and you will see our latest venture taking form – the Sturdy Savings Bank Lending Center. Slated for opening in early 2022, this building will house our lending, loan servicing, and credit departments. It will be a hub of activity, and a symbol of Sturdy Savings Bank’s continued dedication, prosperity and community service.

We appreciate your loyalty and business for 100 years… and counting!