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New Jersey Attorney General sues merchant cash advance providers

CFPB Monitor

The New Jersey Attorney General recently filed a lawsuit in New Jersey state court against Yellowstone Capital LLC, its parent Fundry.US

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Which are America's healthiest credit unions?

Abrigo

Whether it is securing funds in a checking or savings account, or investing in a retirement fund, many Americans need a sense of security that comes with an outstanding experience from their financial institution. Credit unions often prioritize providing that security blanket through a positive banking relationship.

America 150
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The Law of Large Numbers for Banks and Credit Unions

Jeff For Banks

One such bank that consistently stunned competitors and analysts with hefty growth was the former Commerce Bank of Cherry Hill, NJ. Please do not claim to invest in any security based on what you read here. FINRA makes people take a test to ensure they know what they are doing before recommending securities.

NJ 89
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Peapack-Gladstone in N.J. Joins List of Small Banks Raising Capital

American Banker

has filed a shelf registration statement to sell as much as $100 million in securities. Peapack-Gladstone Financial in Bedminster, N.J.,

Capital 28
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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

Finally, resolution of failing financial institutions requires that the deposit insurance fund be strongly capitalized with real reserves, not just federal guarantee.” And quite frankly, I did not know there were so many tranches to mortgage-backed securities. My lesson learned to the regulators, read your past lessons learned.

FDIC 78
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A Financial Institution Investment Banker Had Questions. Here Are My Answers.

Jeff For Banks

Because an investor in an equity security should expect a 10+% total return. They should calculate their unique "well-capitalized" by estimating the risk on their balance sheet per balance sheet item, now and as projected. My guess is that if every bank did this, their target capital range (base + buffer) would be between 7%-9%.

NJ 60
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Unity Bancorp in N.J. Registers $50M in Securities for Future Sale

American Banker

has registered to sell up to $50 million in securities over time. Unity Bancorp in Clinton, N.J.,