Requires Department of Banking and Insurance to examine and rate lending institutions with regards to lending, investments, and services provided to low- and moderate-income consumers.

This bill requires New Jersey's Department of Banking and Insurance to regularly evaluate banks, credit unions, and mortgage companies on how well they serve low- and moderate-income consumers and underserved communities. The department will conduct examinations every three years and assign institutions ratings (Outstanding, Satisfactory, Low Satisfactory, Needs to Improve, or Substantial Noncompliance) based on their lending, investments, and financial services to these communities. Institutions receiving "Low Satisfactory" or lower ratings must develop improvement plans with public input. The bill also mandates the department to conduct a disparity study identifying underserved areas and requires financial institutions to post public notices about their community reinvestment performance. These evaluations will influence the department's decisions on branch expansions, licenses, and other regulatory approvals.