Support S. 2155 and help NJ grow
The Township Journal, New Jersey
March 6, 2018
In New Jersey, credit unions and small banks help our communities thrive and our small businesses grow. When credit got tight during the downturn, we were there as primary lenders, and we’re still the ones our communities turn to when they need mortgages and auto loans.
But small, local financial institutions are getting hammered by regulations designed for the far bigger firms that caused the financial meltdown. What is needed for Bank of America or Wells Fargo has little relevance to a credit union with one or two branches, with tellers who greet their members by their first name.