New Jersey Administrative Code
Title 3 - BANKING
Chapter 1 - GENERAL PROVISIONS
Subchapter 2 - PROCEDURAL RULES
Section 3:1-2.23 - Fees; banks and savings banks

Universal Citation: NJ Admin Code 3:1-2.23

Current through Register Vol. 56, No. 18, September 16, 2024

(a) A bank or savings bank shall pay to the Commissioner for use of the State the following fees:

1.For filing an application for charter$ 15,000
2.For filing plans of acquisition, per company, per bank or savings bank; the fee is charged if the requester is not subject to assessment pursuant to N.J.A.C. 3:5 but no fee shall be charged if the requestor is subject to assessment $ 3,000
3.For the issuance of a certified copy of any certificate of incorporation or merger or plan of reorganization or any other certificate or affidavit filed in the Department, plus $ 2.00 per page if the requester is not subject to assessment pursuant to N.J.A.C. 3:5 but no fee shall be charged if the requester is subject to assessment $ 25.00
4.For the issuance of any other approval by the Commissioner, plus per diem charges where applicable; the fee is charged if the requester is not subject to assessment pursuant to N.J.A.C. 3:5 but no fee shall be charged if the requestor is subject to assessment $ 100.00
5.For filing for conversion of a Federally-chartered bank to a State-chartered bank $ 5,000
i. In the alternative, for an expedited review $ 2,500.

(b) An out-of-State bank shall pay to the Commissioner for use of the State the following fees:

1.For filing an application to acquire a branch as the first branch in this State $ 1,500
2.For filing an application for approval of a change of location of a New Jersey branch office as a part of an application to enter the State through acquisition $ 100.00
3.For the issuance of any other approval by the Commissioner, plus per diem charges where applicable $ 100.00

(c) In addition to the fees in (a), a per diem charge may be assessed when a special investigation of a filing is required.

(d) The Department shall, upon written request, furnish verification of a State-chartered bank, savings bank or savings and loan's authority to conduct business in New Jersey. The fee shall be $ 25.00 per verification if the requester is not subject to assessment pursuant to N.J.A.C. 3:5 but no fee shall be charged if the requester is subject to assessment.

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