At the end it was touch-and-go, but at last New Jersey Gov. Chris Christie has signed the municipal deposit bill empowering credit unions to start accepting government funds.
Credit unions win right to accept New Jersey public funds after governor, legislators turn back bank appeals.
Companion bill passed Garden State's Senate last year; unclear when measure will go up for full House vote.
Credit unions have been handed "a tremendous opportunity" to gain new market share as a result of those continuing reports of big banks dropping free checking, the head of New Jersey's second largest CU said Wednesday.