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Also low-ranked were some of New Jersey’s largest commercial banks. The Provident Bank of Jersey City made $368 million in small-business loans for its $5 billion on deposit, or 7.3 percent.
New Jersey state lawmakers have introduced a state-level Community Reinvestment Act that would include online lenders and ...
Jamie Dimon’s megabank handed out nearly $29 billion of government money to small businesses during the throes of the pandemic shutdown — the most of any US bank — and bagged an estimated ...
First Bank plans to open new branches in New Jersey and Pennsylvania this fall, with a focus on providing enhanced convenience and exceptional service to retirees, families, small businesses, and ...
Products and services played an outsize role in shaping public opinions about banks in this year’s survey, according to American Banker, with 19.7% of customers ranking that category as the most ...
"Stress tests" regularly check the financial health of large banks, but not midsize ones. New Jersey banks seem better positioned to handle rising interest rates. Your deposits are guaranteed by ...
New Jersey had 162 banking institutions in 2012. That fell to 111 by 2022. The number of branches has dropped too, from 3,277 in 2012 to 2,478 in 2022. After past merger waves, new smaller banks ...
ConnectOne Bancorp Chairman and CEO Frank Sorrentino said the New Jersey bank's loans could be flat in 2023. "In this economic cycle with our credit discipline, I would say that's a win," he said.
Small Deposits: Vanguard Group to liquidate investment fund; New Jersey banks set to merge. expand. Vanguard Group said it plans to liquidate a $44 million ETF in late November, ...