Bridgewater Bancshares (NASDAQ:BWB) is a bank holding company headquartered in Bridgewater, New Jersey, serving as the parent of Bridgewater Bank. Through its subsidiary, the company delivers a comprehensive suite of financial solutions to individuals, small businesses, and commercial clients across central and northern New Jersey. Its community banking approach emphasizes personalized service and local decision-making, underpinned by a commitment to fostering long-term customer relationships.
The company’s core business activities include retail banking and commercial lending. On the retail side, Bridgewater Bancshares offers a range of deposit products, including checking and savings accounts, certificates of deposit, money market accounts, and individual retirement accounts. For borrowers, the bank provides residential mortgages, home equity lines of credit, consumer installment loans, and commercial real estate financing. It also delivers cash management, treasury services, and online banking tools designed to help clients streamline account administration and payments.
Bridgewater Bancshares operates branches throughout Somerset County and maintains a full suite of digital banking capabilities, allowing customers to access account information, initiate transfers, and manage bill payments remotely. The company’s commercial banking division supports local enterprises with tailored lending solutions, equipment financing, and escrow services, while fostering economic development within its service areas.
Founded in 2002 by a group of regional entrepreneurs, Bridgewater Bancshares reorganized as a bank holding company in 2013 to facilitate strategic growth and regulatory flexibility. The leadership team is led by President and Chief Executive Officer Gregory R. Chapman, supported by seasoned professionals in lending, finance, and operations. The company remains committed to community engagement, transparent governance, and prudent risk management as it navigates evolving industry dynamics.
