New Jersey banking law is administered by the state Department of Banking and Insurance, Division of Banking. If your business has a dispute with a state bank or any other type of state depository institution, the Consumer Inquiry and Response Center of the Division of Banking is where you would make your complaint. The governing law for banks authorized to operate in the state can be found in Title 17 of the New Jersey Statutes and the controlling regulations in Title 3 of the New Jersey Administrative Code.
New Jersey banking law has jurisdiction over state-chartered banks. If you have a complaint against a federally-chartered bank, even if it has branches located in New Jersey, ...
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New Jersey banking law is administered by the state Department of Banking and Insurance, Division of Banking. If your business has a dispute with a state bank or any other type of state depository institution, the Consumer Inquiry and Response Center of the Division of Banking is where you would make your complaint. The governing law for banks authorized to operate in the state can be found in Title 17 of the New Jersey Statutes and the controlling regulations in Title 3 of the New Jersey Administrative Code.
New Jersey banking law has jurisdiction over state-chartered banks. If you have a complaint against a federally-chartered bank, even if it has branches located in New Jersey, you have to contact the correct federal agency to pursue it. If you are unsure whether your bank has a state or federal charter, you can look up the charter in the New Jersey business entity database that is available on the website of the Office of the Secretary of State.
The types of issues that New Jersey banking law governs that can be important to your business relationship with your bank include charging excessive bank fees, incorrectly managing the balance in your account, and improperly releasing funds to outside parties. Read more about New Jersey banking law from the links on this Business.com page.
