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Cross River Bank is based in Fort Lee, but its name will be emblazoned in one of the world’s most notable landmarks in neighboring New York following a $5 million donation to Touro University.

The school said it will lease space at 3 Times Square for the next 30 years for its new Cross River Campus of Touro University, in recognition of the gift.

Cross River CEO and founder Giles Gade is also a member of the Touro board of directors.

With renovations slated to be completed in December, Touro said the space will house its New York School of Career and Applied Studies undergraduate program in addition to a number of graduate schools and the Touro College of Pharmacy. The building will feature state-of-the-art labs, student lounges and a kosher café, all in the heart of Times Square.

“Touro is incredibly grateful to Mr. Gade and Cross River Bank for this gift that will enable our students to learn in a modern, state-of-the-art environment with a rich campus life,” said President Alan Kadish in a statement. “Cross River is a pioneer in the banking industry as Touro continues to be an innovator in higher education. We thank Mr. Gade and the Cross River Board for their commitment to philanthropy, for taking the lead with this visionary gift and most of all, for their friendship. Their support will ensure that Touro’s groundbreaking programs and educational offerings in so many exciting fields continue well into the future.”

“Higher education is critical to career success and we are proud to support Touro’s mission of providing superior quality education in tandem with the Jewish ideals of service to the community. At Cross River, our motto is ‘doing well by doing good,’ and we share those values with Touro,” Gade said in a prepared statement.

Touro University is a system of nonprofit institutions of higher and professional education founded primarily to enrich the Jewish heritage and to serve the larger American and global community. Approximately 19,000 students are currently enrolled at its various schools and divisions, which encompass 35 campuses and locations in New York, California, Nevada, Illinois, Berlin, Jerusalem and Moscow.