News & Insights

Some Upcoming Bank Compliance Deadlines

With the year end fast approaching, deadlines for some compliance requirements are looming. ...read more

Banks Face September 1 Deadline for Sweep Account Disclosures

Pursuant to a final rule the Federal Deposit Insurance Corporation (FDIC) published in the Federal register earlier this year, banks face a September 1, 2009, deadline to meet certain disclosure requirements in connection with sweep accounts already in effect on July 1, 2009. For sweep accounts originating after July 1, 2009, the disclosures must be provided as soon as the bank enters into a new sweep arrangement with a customer or renews an existing one. Thereafter, the disclosures must be provided annually. ...read more

New Jersey Banks May Now Have Staggered Boards

DISCLAIMER: This client advisory is for general information purposes only. It does not constitute legal advice, and may not be used and relied upon as a substitute for legal advice regarding a specific legal issue or problem. Advice should be obtained from a qualified attorney licensed to practice in the jurisdiction where that advice is sought.  ...read more

Michael P. Supko Appointed Trustee of the Monmouth County Bar Association

Michael P. Supko, Esq., a Partner in Archer’s Red Bank office, has been appointed as Trustee of the Monmouth County Bar Association.  Mr. Supko, who has been an active member of the Monmouth County Bar association since 2001, began his one-year term this past May. ...read more

Deborah Hays Appointed to Board of Directors of Chamber of Commerce Southern New Jersey

Deborah A. Hays, a Partner with the law firm Archer in Haddonfield, has been appointed to serve on the Board of Directors of the Chamber of Commerce Southern New Jersey (CCSNJ). ...read more

Terence J. Fox Elected to Archer Board of Directors

Terence J. Fox of West Deptford, N.J., has been elected to the Board of Directors of Archer P.C., South Jersey’s largest law firm. ...read more