Did you know that you local bank also has a bank for some of its business needs? Banks use a regional Federal Reserve Bank for short-term loans and services such as check processing. There are 13 regional Federal Reserve Banks that serve different areas of the country. Regional Federal Reserve Banks also compile statistics on various aspects of the U.S. economy and provide them to the public free of charge. Click here to visit the regional Federal Reserve Bank that offers services to New Jersey Banks
If your bank is a Savings Bank (the official name of Savings Banks typically has the letters "F.S.B." or the words "Savings" or "Savings Bank" in their name), it is likely regulated by one of the regional offices of the Office of Thrift Supervision. Click the following link to get the contact information for this regulator of Savings Banks in New Jersey
If your bank is nationally chartered (the official name of nationally charted banks typically has the letters "N.A." or the words "National Association" in their name), it is regulated by the Office of Comptroller of the Currency, which also has regional offices. Click here to view the local offices of the Comptroller of the Currency - Regulator of nationally charted institutions
If your local bank is state chartered, it reports to a state regulatory agency.
