Livingston Community Member Named a Finalist in NJBIZ CFO of the Year Awards

Daniel M. Tower, Executive Vice President and Chief Financial Officer for Regal Bank, has been named one of five finalists in the category of “Private Company with revenues up to $25M” in the 2014 NJBIZ CFO of the Year awards program.

The CFO of the Year awards program celebrates New Jersey’s financial executives at all levels who contribute to the success of New Jersey’s economic growth and stability. Finalists were chosen by an independent panel of judges.

With more than 20 years in the banking industry under his belt, Tower was tapped in 2007 to coordinate the launch of Regal Bank. Under his leadership, Regal Bank has grown into a full service community bank with six New Jersey locations.

“By far, my biggest contribution to this company has been the strong team that I’ve been fortunate enough to assemble,” Tower said. “Without them, their business skills and dedication to the community, Regal Bank would not be as successful as it is today.”

Tower earned both his Bachelor of Science and his Master of Business Administration degrees in finance from Seton Hall University in South Orange, New Jersey. He currently shares his financial acumen as an adjunct professor at Kean University.

The honoree is exceedingly proud of the culture of community support his team has built at Regal Bank. Among the Bank’s numerous local charitable causes are: The Friendship Circle of New Jersey; Cerebral Palsy Center of North Jersey; Livingston High School’s “Project Graduation”; Saint Barnabas Medical Center; Livingston Education Foundation; Healthy Community Healthy Youth; Kiwanis Karnival, The March of Dimes, the Mt. Pleasant Animal Shelter; and Running 4 Answers.

“Here at Regal Bank, we are involved with and support many charitable organizations. Being able to help such a wide array of organizations, all doing important work, is very rewarding,” he said.

The CFO of the Year awards finalists will be recognized and the winner in each category will be announced during a breakfast awards ceremony on October 10, 2014 at The Palace in Somerset Park in Somerset, NJ.

For more information about the NJBIZ CFO of the Year awards program or to reserve seats for the event, please visit www.njbiz.com/events or contact Melissa Sullenberger at melissas@njbiz.com or (732) 246-5737.

Information and photo courtesy of Tina Rotondo.