New Jersey Shore To Open Memorial Day Weekend


Residents itching to visit the New Jersey shore over the Memorial Day weekend can break out bathing suits and head to the beach. COVID-19 has infected nearly 151,000 people across New Jersey. Retail new jersey News reopening What's Hot

New Jersey Outlaws Cashless Businesses


New Jersey has passed a law banning cashless stores and restaurants, according to reports. New Jersey is the second state to outlaw cashless stores after Massachusetts, which signed a similar bill into law back in 1978. Philadelphia recently became the first major city to pass a ban on cashless shops; New York, San Francisco, Chicago and Washington are reportedly considering passing similar legislation.


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What an unusual merger in New Jersey says about bank M&A

American Banker

M&A New Jersey Mutual banks

New Jersey Getting Closer To Legalizing Recreational Marijuana


New Jersey Governor Philip D. According to a report in The New York Times , if the agreement wins enough support in the state legislature, New Jersey could be next to enable legal use of pot. The news marks a big step forward in the governor’s vow to introduce recreational marijuana into New Jersey. New Jersey will need to stay ahead of the curve if it wants to maximize the expected economic benefits.”.

New Jersey Shows The Good And Bad Of Gambling Payments Progress


Among recent developments is the addition of PayPal to the sportsbook operated by DraftKings in New Jersey. Payment processing has been among the chief dampeners of performance in New Jersey’s regulated online gambling market,” observed Legal Sports Report. At launch, New Jersey’s legal online casino sites struggled with credit card decline rates exceeding 75 percent,” the report said. It’s a good time to be a sports gambler. Football. Hockey.

Lakeland Bancorp to acquire a New Jersey competitor

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M&A New Jersey Community banks

New Jersey's largest credit union promotes CFO to CEO

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Credit unions Industry News

Kearny expanding in northern New Jersey with MSB purchase

American Banker

The company will pay $94 million for a bank with operations in New Jersey's Somerset and Morris counties. Community banking M&A Growth strategies New Jersey

New Jersey’s $5B American Dream Mall To Reopen In October


The wait is over for shoppers who have missed the $5 billion American Dream Mall in East Rutherford, New Jersey. Last week, New Jersey Gov. On Thursday (Sept.

Are New Jersey and South Dakota becoming the new tech hiring hotspots?


According to the Mendix 2020 Software Developer Drought Index, counties in New Jersey, South Dakota and Mississippi have the largest gaps between tech jobs and available talent. “The Tech hiring is no longer confined to Silicon Valley.

New Jersey, Pa. credit union foundations to merge

American Banker

Last year, the Pennsylvania Credit Union Association and the New Jersey Credit Union League merged to form the CrossState Credit Union Association, and now the foundations of the two groups are combining. Non-profits New Jersey Philanthropy Pennsylvania

New Jersey lender bets big on financing life insurance premiums

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Community banking

New Jersey group receives first federal credit union charter of 2021

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Credit unions Licenses and charters New Jersey NCUA

New Jersey files lawsuit against two buy-here pay-here used car dealers

CFPB Monitor

On March 7, New Jersey Attorney General Gurbir S. The complaint alleges that these practices violated the New Jersey Consumer Fraud Act, the New Jersey Motor Vehicle Advertising Regulations, the Automotive Sales Regulations, and the state Used Car Lemon law and regulations. Auto Finance State CFS Monitor auto dealers new jersey attorney general new jersey consumer fraud act

Ransomware group attacks a New Jersey bank — then shuts down

American Banker

Ransomware Cyber security Cyber attacks

New Jersey Names Student Loan Ombudsman

CFPB Monitor

Last week, the New Jersey Department of Banking and Insurance (DOBI) announced that it was designating Raghu Kakumanu as the state’s Student Loan Ombudsman. Kakumanu is the first [PERSON] to occupy this role, which was created under New Jersey’s student loan servicer licensing law enacted last year.

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

New Jersey bank hit with consent order tied to BSA compliance

American Banker

FDIC Compliance AML Community banking New JerseyUnity Bancorp must improve its policies and procedures, and increase staff training, for following Bank Secrecy Act and anti-money laundering laws.

How a New Jersey de novo will tailor services for LGBTQ members

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Credit unions De novo institutions LGBTQ

Pennsylvania credit union expanding into New Jersey with merger

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Credit unions M&A

New York To Sunbelt State Tourists: Stay Home


With coronavirus infection rates soaring in the Sunbelt, the governors of New York, Connecticut and New Jersey are teaming up to slap a 14-day quarantine on travelers from states where the deadly virus is spiking. New York Gov. Andrew Cuomo, New Jersey Gov.

New Jersey enacts licensing and other requirements for student loan servicers

CFPB Monitor

On July 30, 2019, Acting New Jersey Governor Sheila Oliver signed into law SB 1149 , which requires student loan servicers to be licensed, creates an Office of the Student Loan Ombudsman within the NJ Department of Banking and Insurance, imposes various requirements, and prohibits certain conduct. State CFS Monitor State Licensing Student Loans new jersey servicer student loan

Fed approves Citizens' acquisition of New Jersey-based Investors

American Banker

M&A Commercial banking

CFPB settles with New Jersey debt buyer for alleged FDCPA and CFPA violations based on unlicensed collection activity

CFPB Monitor

Earlier this month, the Consumer Financial Protection Bureau issued a consent order against a New Jersey debt buyer accused of threatening and suing consumers to collect debts in states where it did not have a legally required license.

New Jersey mutual to convert to stock ownership ahead of merger

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Community banking M&A Charter conversions

The New Jersey Community Bank Flying High in PPP Ranking

Banking Exchange

Cross River Bank’s partnerships with more than 30 fintech companies has enabled it to loan more than PNC, US Bank and Trust Community Banking PPP Covid19 Feature Financial Trends Duties Feature3 The Economy. 1Community Banking

NJ Legislators Propose Tighter Data Privacy Regulations


Lawmakers in New Jersey are proposing a bill to solidify data privacy guidelines and inflict tougher limits on the tech industry, The Wall Street Journal reported on Monday (March 2). New Jersey joins Washington, Illinois and other states and regions in introducing data privacy laws.

NJ 209

New Jersey Homeowners Insurance: Averages Rates for Coverage


Homeowners insurance in New Jersey can provide the protection you need. How Much Is Homeowners Insurance in New Jersey? New Jersey residents can expect to pay about $1,744 for home insurance per year. Do I Need Hurricane Insurance in New Jersey?

Boxed And Costco Have Their Roots In A 1970s New Jersey A&P Store


A&P named its concept Warehouse Economy Outlet — or “Where Economy Originates” — and opened its first location in Pennsauken, New Jersey, in 1971. In another commercial , a spokesperson proclaimed, “It’s a brand-new concept: You shop at a modern supermarket with wild warehouse prices,” as the slogan “wild warehouse prices” flashed across the screen. If Amazon does end up acquiring Boxed, perhaps the new Costco card will be an Amazon Prime membership.

Small New Jersey bank eyes big expansion in wealth management

American Banker

Flush with capital from issuing subordinated debt, Peapack-Gladstone is exploring acquisitions in Florida and New York in an effort to generate more fee revenue.

New Jersey Attorney General Leads Actions Against the U.S. Department of Education for Restricting Information Sharing with State Law Enforcement Agencies

CFPB Monitor

Last week, New Jersey Attorney General Gurbir Grewal took the lead in pursing two actions against the U.S. On September 16, 2019, New Jersey, along with 16 other attorneys general, including New York, Colorado, Massachusetts, and Washington, sent a letter to the Department opposing a new policy limiting cooperation with state law enforcement. This is the third letter sent by the New Jersey attorney general to the Department related to similar changes.

NJ’s Internet Gambling Revenues Soar To $80M In April


New Jersey’s big bet on online gambling has paid off, with revenues skyrocketing to a record $80 million in April. New Jersey’s Division of Gaming Enforcement said the state’s licensed online gambling operators generated a combined income of $80 million in April.

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NCUA liquidates Defense Logistics Federal Credit Union

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Credit unions New Jersey NCUA

New Jersey Car Insurance: How to Qualify for the Cheapest Rates


There are two types of car insurance policies in New Jersey: basic or standard. The average New Jersey car insurance rate (with “full coverage”) is $1,346 per year. What are Average Car Insurance Rates in New Jersey? Jersey City, $1,600.

Citi tells New York, New Jersey staffers to work from home again

American Banker

Work from home Workforce management Coronavirus