CFPB Monitor
SEPTEMBER 23, 2021
In its complaint filed in New Jersey federal district court, the DOJ alleged that HESAA obtained default judgments against two SCRA-protected servicemembers after filing affidavits stating that the defendants were not in military service despite having knowledge that they were on active duty at the time the default judgments were sought.
PopularBank
OCTOBER 13, 2020
NEWARK, NJ and NEW YORK, NY – October 13, 2020 – Popular Bank , a subsidiary of Popular, Inc. The new investment vehicle aims to economically empower Black and Latinx business owners throughout the City of Newark. NWK FAM Fund Seeks to Narrow the Wealth Gap in New Jersey. Michellene Davis. John Harmon.
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CFPB Monitor
SEPTEMBER 25, 2015
The joint complaint filed by the CFPB and DOJ in federal district court in New Jersey states that the action resulted from a joint investigation by the agencies of the bank’s lending practices following the CFPB’s referral of the bank to the DOJ pursuant to the ECOA. million civil money penalty to the CFPB. .”
Jeff For Banks
JANUARY 10, 2016
Jerry Reeves, President & CEO of Sturdy Savings Bank of Cape May Court House in New Jersey and current Chairman of the NJ Bankers Association , penned an article The Golden Age of Banking in the NJBA's winter 2016 edition of New Jersey Banker magazine. It relates to the regulatory scheme.
Jeff For Banks
JUNE 2, 2023
//Jeff Marsico remarks to the 2023 New Jersey Bankers' Association Annual Convention: May 19, 2023// Four decades ago, the prolonged savings-and-loan crisis devastated the industry. The old borrow short, lend long strategy. Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate?
American Banker
NOVEMBER 30, 2016
Anthony Labozzetta, CEO of Sussex Bancorp in New Jersey, isn't afraid of change. His unusual approach to banking helped Sussex emerge from the financial crisis with momentum. Now he's building a branch model that could serve as a blueprint for growth-minded banks.
American Banker
NOVEMBER 29, 2016
Anthony Labozzetta, CEO of Sussex Bancorp in New Jersey, isn't afraid of change. His unusual approach to banking helped Sussex emerge from the financial crisis with momentum. Now he's building a branch model that could serve as a blueprint for growth-minded banks.
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