
the staff of the Ridgewood blog
Trenton NJ, “Today marks a significant step forward and the beginning of a deliberative process that will seek input from stakeholders, advocates, elected officials, members of the public and experts with the broad knowledge relevant to the many and complicated aspects of creating a state bank,” said Phyllis Salowe-Kaye, Board Member, Executive Director of New Jersey Citizen Action and a Public Member of the State Bank Implementation Board. “This input will help decide how such an institution would best serve New Jersey’s unmet needs, especially in the areas of affordable housing, infrastructure investment, student loans and lending for small businesses.
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