Five Rivers Bank, the Paramus-based community financial institution, has announced the appointment of Thomas Coughlin as its new president and chief executive officer.
A veteran in the New Jersey community banking landscape, Coughlin brings over 40 years of local industry experience. He takes the reins of the bank with a specific focus on driving its next chapter of strategic growth while keeping its community-first mission intact.
Coughlin is widely recognized for his success in building community-focused institutions from the ground up. In 2000, he founded Bayonne Community Bank (now BCB Bank) in New Jersey with $6 million in seed funding. Under his guidance, the bank scaled into a massive $3.8 billion institution operating 29 branches across New Jersey and New York before he concluded his tenure there in 2023.
Throughout his decorated career in the state, Coughlin has completed three bank acquisitions, spearheaded five capital stock offerings, and cemented himself as a trusted name in local banking circles.
“Tom embodies what Five Rivers Bank stands for,” said C. Mark Campbell, outgoing President and CEO. “He’s a builder. He’s a connector. And in his first weeks here, he’s already demonstrated strong leadership and clear direction on growing our impact.”
Beyond his corporate achievements, Coughlin is heavily involved in regional civic organizations, ensuring the bank remains deeply embedded in the areas it serves. His leadership roles include:
- President of the Bayonne Chamber of Commerce
- President of the American Heart Association of New Jersey
- Director of Gift of Life Bergen County
- Director of the International Humanitarian Foundation
-
Active Rotarian
His expertise spanning operations, capital fundraising, lending, and regulatory compliance positions him perfectly to guide the New Jersey-chartered bank forward.
“I look forward to working closely with our talented teams to build on Five Rivers Bank’s strong foundation, strengthen operational execution, and continue advancing customer excellence while driving sustainable growth,” Coughlin noted regarding his appointment.
Headquartered in Paramus, New Jersey, Five Rivers Bank is a community-focused financial institution dedicated to local decision-making and direct access to leadership. The bank specializes in supporting individuals, families, small business owners, and entrepreneurs across Bergen County and North Jersey with personalized banking solutions.
