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 evaluate banks, credit unions, and mortgage companies on how well they serve low- and moderate-income consumers and underserved communities. The department will rate institutions on a scale from "Outstanding" to "Substantial noncompliance" based on their lending, investments, and financial services in these communities. Institutions rated "Low satisfactory" or worse must develop improvement plans with public input, and the department will conduct a statewide disparity study to identify underserved areas. Financial institutions must post public notices about their performance ratings in branches and on websites. These evaluations, conducted every three years, will influence the department's decisions on applications for new branches or licenses.