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NJ Legislators Propose Tighter Data Privacy Regulations

PYMNTS

New Jersey joins Washington, Illinois and other states and regions in introducing data privacy laws. Andrew Zwicker (D-Hunterdon), chairman of the Assembly’s Science, Innovation and Technology Committee and lead sponsor of the legislation. He added that his committee is holding a public hearing for feedback on March 16.

NJ 249
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Popular Foundation Awards $216,000 in Grants to Nonprofit Organizations

PopularBank

Notably, grant winners are located throughout the regions Popular Bank serves and focus on the areas of education and youth, health and supported living, and community development. Grant-making decisions are also based on the recommendations of the Region Evaluation Committees that are comprised of Popular Bank employees. New York, NY.

NJ 97
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Credit Issues Stalk Malls And Anchor Tenants

PYMNTS

Writing in NJ Biz, Linfante points to the mall anchors and other tenants that have already closed, expressed financial concerns or filed for bankruptcy that will lead to significant challenges will be faced by regional malls. The existential threat facing regional malls is the instability of anchor department stores.

NJ 132
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Which are America's healthiest credit unions?

Abrigo

Following the release of Sageworks Bank Information’s list of America’s healthiest banks by region in March of 2015, the company recently examined the health of their credit union (CU) counterparts. The list – America’s healthiest credit unions – names the top 50 CUs that stand out from the pack with an exceptionally low Texas Ratio.

America 150
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How Did Your ALCO Model Hold Up?

Jeff For Banks

My firm did a sample data run for a client that included all commercial banks in NY, NJ, PA, and MD between $500 million and $1.5 When the national and super regional banks began raising rates they were reluctant to follow – until it was too late. These factors led to a false sense of security that low-cost deposits were there to stay.

NJ 110
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The top-performing community banks of 2021

Independent Banker

Genesee Regional Bank. Philip Pecora, president and CEO, Genesee Regional Bank. Genesee Regional Bank. Philip Pecora, president and CEO Genesee Regional Bank. Q: Why has Genesee Regional Bank succeeded? First Bank. Burkburnett. Home Loan Investment Bank, F.S.B. HNB National Bank. Presidential Bank, FSB. Old Monroe.

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Why Banks Are Dumping Fannie, Freddie Debt

American Banker

Banks have rushed to the exits when it comes to Fannie Mae and Freddie Mac debt securities. Federal liquidity rules seem to be prompting big banks to do so, but why small banks are unloading the bonds, too, is more of a puzzler.