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Blue Jersey's picture

New Jersey Problem Banks

The great economics blog Calculated Risk has compiled an unofficial list of problem banks:

The list is compiled from regulator press releases or from public news sources (see Enforcement Action Type link for source). The FDIC data is released monthly with a delay, and the Fed and OTC data is more timely. The OCC data is a little lagged.

DISCLAIMER: This is an unofficial list, the information is from public sources and while deemed to be reliable is not guaranteed. No warranty or representation, expressed or implied, is made as to the accuracy of the information contained herein and same is subject to errors and omissions. This is not intended as investment advice. Please contact CR with any errors.

Looking at the full problem bank list, I see eight New Jersey banks out of the 436 listed nationwide.

  • Amboy Bank (Old Bridge)
  • City National Bank of New Jersey (Newark)
  • First State Bank (Cranford)
  • Grand Bank, National Association (Hamilton)
  • ISN Bank (Cherry Hill)
  • Millennium BCP Bank, National Association (Newark)
  • Roebling Bank (Roebling)
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