Luminate Bank Welcomes the NJ Lenders Team

(MINNEAPOLIS, MN – April 14, 2025) -- Luminate Bank® is proud to welcome the NJ Lenders Team, a leading East Coast home lending organization, to the Luminate Bank community, integrating its home lending expertise into the Luminate Bank brand. This collaboration combines the expertise of mortgage lenders and operational staff at NJ Lenders Corp., which has been developed with exceptional purpose over the past 30 years, with the national banking and lending capabilities and financial strength of Luminate Bank. With the NJ Lenders team operating within Luminate Bank's robust and highly personalized banking systems, customers will find unmatched home mortgage and digital banking services.

"Our teams share a unified vision for a customer experience that empowers customers with knowledge andbuilds their confidence," said Taryn Reuter, Chairman of the Board at Luminate Bank. "NJ Lenders is anoutstanding and respectable team known for instilling confidence in homebuyers and real estateprofessionals. Their exceptional business expertise and impressive employee retention reflect our core values.We are thankful that the NJ Lenders team strongly believes in our combined strengths, and we are confident that our partnership will deliver exceptional benefits to our customers."

With an approximately 200-person team, including loan officers, sales management, operations staff, and support staff, the NJ Lenders team will operate within the Luminate Bank umbrella while retaining LoanProduction offices in seven states and expanding their reach to originate nationally. Combined with Luminate Bank's nationwide banking profile, the alliance strengthens both organizations.

"We deeply believe this collaboration reflects our shared core values—reliability, drive, innovation, and authenticity. This alignment creates powerful synergy, allowing us to deliver greater value where it matters most: to our customers. When they succeed, we all succeed," said Ryan Barry, a top producer at NJ LendersCorp. "Our team is energized and ready to show exactly how this alliance will make a meaningful difference for our customers."

About Luminate Bank®At Luminate Bank, We Open Doors—empowering individuals and families to achieve their financial dreamsthrough personalized service and innovative digital solutions. As a nationwide bank headquartered inMinneapolis, Minnesota, we are committed to helping our clients meet their financial goals with a blend ofmodern technology, traditional values, and the trusted guidance of experienced professionals. Known for ourexceptional commitment to customers, we take pride in delivering a seamless, supportive experience for everystep of the journey.Our dedicated mortgage division has branches and a team of loan originators across the US, making experthome financing solutions accessible to communities nationwide. Luminate Bank is committed to safeguarding your money and accounts with FDIC insurance coverage up toapplicable limits. Learn more about how we can open doors for you at www.luminate.bank, follow us onInstagram, LinkedIn, and Facebook, or call (952) 939-7200.

About NJ Lenders CorpFounded in 1991 in Little Falls, New Jersey, NJ Lenders Corp. has closed more than 100,000mortgage loans totaling more than $40 billion. Licensed to lend in 22 states (Alabama, California,Colorado, Connecticut, Delaware, Florida, Georgia, Maryland, Massachusetts, New Hampshire, NewJersey, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee,Texas, Virginia, District of Columbia, Washington), NJ Lenders Corp. is privately owned and keepsmore than 95% of its files in house, controlling the entire underwriting and closing process. Stickingto its humble beginnings, NJ Lenders Corp.’s aim has always been to offer competitive mortgagerates and fees while providing a level of service that exceeds each of its client's expectations. Westrive to treat every client as if they are our first applicant and aim to give the best customerexperience possible consistently. For more information, visit www.njlenders.com 

For media inquiries, please contact:

Debbie Schwake, CMO

debbie.schwake@luminate.bank

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