TRENTON — The New Jersey Department of Banking and Insurance has received reaccreditation of its Banking Division, which certifies that the Department continues to meet the national standards and practices set by the Conference of State Bank Supervisors (CSBS).
Accreditation contributes to the Department’s effectiveness in carrying out its core mission of regulating the banking, insurance, and real estate industries in a professional and timely manner that protects and educates consumers and promotes the growth, financial stability, and efficiency of those industries. The department received notification of its reaccreditation on December 29, 2025. The CSBS reviews state banking departments every five years.
“The accreditation process ensures that the Department’s oversight of the banking industry is at its highest level and aligns with nationally accepted best practices,” said Commissioner Justin Zimmerman. “The Department is committed to upholding these rigorous standards to ensure the safety and soundness of state-chartered banks and the protection of New Jersey consumers.”
CSBS established accreditation programs for bank supervision to identify highly competent state regulators of financial institutions, promote safe and sound financial services, and ensure consumer protection. To earn accreditation, state agencies must undergo a rigorous and comprehensive independent review of their operations, including administration and finance, personnel training, examination, supervision, and statutory powers.
Through all of its work, the Department has made consumer protection a priority. Consumers who have questions or issues that they cannot resolve with a regulated entity may contact the Department’s Consumer hotline at 1-800-446-7467.
About the CSBS
The Conference of State Bank Supervisors is the national organization of financial regulators from all 50 states, American Samoa, District of Columbia, Guam, Puerto Rico, and U.S. Virgin Islands. State regulators supervise 79% of all U.S. banks and a variety of non-depository financial services. CSBS, on behalf of state regulators, also operates the Nationwide Multistate Licensing System to license and register non-depository financial service providers in the mortgage, money services businesses, consumer finance, and debt industries. |
