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NJBankers operates a number of subsidiaries created
to support our members and better serve their needs. These subsidiaries
provide support and services in the areas of community reinvestment
lending, insurance, and product and service review. Members have full
access to these subsidiaries and their services and the benefits they
offer.
TICIC, Inc.
Since its inception more than 15 years ago, TICIC, Inc. (TICIC), a
wholly-owned subsidiary of NJBankers, has closed thousands of loans to
create affordable housing and community development throughout New
Jersey. The TICIC network has provided New Jersey communities with more
than 4,000 units of new or regenerated affordable housing, retail and
commercial space in urban centers, a day care center and a career
development center that serves more than 2,000 people annually. Members
of the community benefiting from TICIC’s work include the
physically disadvantaged, special needs citizens and seniors. Future
projects encompass more units of affordable housing, and more square
feet of retail and commercial space. TICIC is open to funding any
facility that will benefit the economic development of New Jersey
communities.
TICIC serves both for-profit and non-profit
organizations, new construction and building rehabilitation, and
suburban and urban neighborhoods. More than half of TICIC’s active
loans and projects result from its customers and their referrals.
Read more
Bankers Cooperative Group, Inc.
Bankers Cooperative Group, Inc. (BCG) is the licensed insurance
brokerage facility of NJBankers. Since 1982 BCG has been instrumental in
providing the banking industry, plus qualifying associate members, the
convenience of one-source shopping for insurance coverage needs.
Whether you need employee benefit plans for your employees, directors
and retirees, or specialty lines property and casualty programs to
protect your institution, BCG offers flexibility and choice from
multiple, highly rated insurance carriers. A complete suite of
products and services combined with a consultative approach provides
value and efficiency. Read more
NJBA Service Corporation
The NJBA Service Corporation is the for-profit subsidiary of NJBankers
created to provide members with access to quality products and services
that will enhance their competitive standing. An NJBA Service Corp.
endorsement of a company, product or service means completion of an
investigative process by staff and the NJBA Service Corp. board of
directors. NJBankers’ reputation for integrity and thorough due
diligence means member banks and their employees can trust and value the
products and services awarded endorsement status.
In you have questions about any NJBankers subsidiary
or its services, please contact James Meredith, Executive Vice
President at 908-272-8500, ext. 614, or jmeredith@njbankers.com.
We encourage you to consider the products and
services offered by our endorsed
service providers.
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