CFPB Monitor
OCTOBER 4, 2022
The Justice Department announced that it has entered into an agreement with Lakeland Bank to settle the DOJ’s claims that Lakeland engaged in unlawful redlining in the Newark, New Jersey metropolitan area. Those services were not available in majority-Black and Hispanic neighborhoods in the Newark Lending Area.
PYMNTS
OCTOBER 22, 2019
New Jersey-based financial institution Investors Bank has announced a collaboration with online small business lending firm OnDeck to digitize its own small to medium-sized business (SMB) lending operations. The companies announced their collaboration in a press release Monday (Oct.
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PYMNTS
SEPTEMBER 23, 2019
New Jersey-baed AmzLenders was founded by Amazon seller Steve Creasy, who will act as a consultant to SellersFunding over the transition period. “If The issue is, eCommerce merchants can often be seen as “too small for a bank” and as a result, have difficulty securing loans.
PopularBank
OCTOBER 2, 2020
We also secured a total of $100,000 for 14 non-profit organizations and small businesses through the FHLBNY Small Business Recovery Grants Program , which serves to provide relief to organizations in New York and New Jersey. For us here at Popular Bank, we processed 1,455 PPP loans amounting to more than $220MM.
PopularBank
SEPTEMBER 23, 2020
Joe’s valuable and robust experience in the wealth management space and proven track record driving success will accelerate the evolution of our investments business and secure its position as one that is best-in-class among peers.
PYMNTS
SEPTEMBER 20, 2017
Owned and operated by Donadio and headquartered in Verona, New Jersey, Top Notch is a company that marketed loans to consumers who were on tap to receive payments from legal settlements or victim compensation funds. Our proposed order seeks to knock these parties out of this business altogether, and impose penalties on them.”.
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. And quite frankly, I did not know there were so many tranches to mortgage-backed securities.
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