National Community Bank of Rutherford and Citizens First National Bank of Ridgewood appeal from the Commissioner of Banking and Insurance's approval of an application for a charter by Peoples Bank of Ridgewood.
Peoples Bank of Ridgewood is an affiliate of Peoples Trust of New Jersey. Section 6 of L. 1968, c. 415 (N.J.S.A. 17:9A-3.1) provides that no officer, director or employee...
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