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You can embrace a brighter, pain-free future.

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  • Back PainBack Pain
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  • Hip PainHip Pain
  • Shoulder PainShoulder Pain
Physical Therapy Wachovia, NJ  Sciatica Pain Therapy Wachovia, NJ

Physical Therpy For Injuries and Pain in Wachovia, NJ

If there's one universal truth in life, it's that it can be unpredictable. Everyone experiences unexpected events that throw us off. While some surprises may only affect our bank accounts, such as home expenses, others can cause physical harm, such as car accidents that result in long-term pain and discomfort. Many Americans suffer from chronic neck and back pain - according to research, half of Americans over 18 develop musculoskeletal injuries that last longer than a year. These injuries often cause a range of mobility issues that make everyday tasks seem hard to do. Unfortunately, many people with chronic pain turn to addictive medications and invasive surgeries for relief, which tends to lead to further complications.

However, if you are experiencing chronic pain or mobility issues, there's good news: Safer and more effective options are available to you. Physical therapy in Wachovia, NJ is one of the best solutions for eradicating pain, maximizing mobility, improving range of motion, building muscle strength, and helping you regain control of your body. At NJ Sports Spine & Wellness, our physical therapists and trainers offer customized programs designed for your body and address your pain symptoms. That way, you have the best possible chance of reclaiming a normal, active life, without surgery or harmful pills.

With the incorporation of therapeutic exercises and manual therapy as well as newer techniques and modalities like AlterG® Anti-Gravity Treadmills and DRX9000 Spinal DecompressionMachines, our physical therapy services can help address conditions such as:

  • Sciatica Pain
  • Ankle Pain
  • Back Pain
  • Elbow Pain
  • Headaches and Migraines
  • Hip Pain
  • Knee Pain
  • Neck Pain
  • Shoulder Pain
  • Wrist Pain
  • TMJ Pain
 Headaches And Migraines Therapy Wachovia, NJ

Service Areas

When it comes to physical therapy in New Jersey, few clinics can match the care, compassion, and effective treatment options that NJ Sports Spine & Wellness can provide.

Why is Physical Therapy in Wachovia, NJ So Important for Wellness?

Physical therapy can provide numerous benefits, such as pain reduction, enhanced joint and body movement, improved range of motion, proper alignment, and more. While the main goal of physical therapy is to restore function and facilitate a return to regular activities, these outcomes usually result from a broader rehabilitation process, wherein many patients learn a brand-new way of moving.

At NJ Sports Spine & Wellness, our physical therapists work closely with patients to understand their unique goals, preferences, and abilities. Based on their findings, they create a customized treatment plan that caters to the patient's specific needs.

Here are just a few specific examples of why physical therapy is crucial when recovering from an injury:

  • Physical therapy helps restore function and mobility after illness, injury, or surgery.
  • Physical therapy promotes healing and pain management by utilizing therapeutic modalities and exercises.
  • Physical therapy helps patients suffering from neurological conditions improve their independence.
  • Physical therapy helps seniors avoid falls by improving balance.
  • Physical therapy can improve flexibility and strength to enhance sports and physical activity performance.
  • Physical therapy facilitates injury prevention through education and analysis of proper body mechanics.
 Shoulder Pain Therapy Wachovia, NJ

Whether you're searching for long-term pain relief or need to improve your strength and balance as you age, physical therapy from NJSSW can help.

Now that you understand why physical therapy is crucial for recovery and wellness, let's take a closer look at some of the most effective treatments at our physical therapy clinic in New Jersey.

 Wrist Pain Therapy Wachovia, NJ

The DRX9000: Relief from Chronic Back and Neck Pain

Are you sick of living day-to-day with long-lasting neck or back pain? Have you searched high and low for a safe and effective alternative to surgery? The DRX9000 may be the answer you're looking for.

Beloved by high-level athletes and even celebrities, this advanced medical device employs non-surgical spinal decompression therapy to treat painful conditions such as:

  • Bulging Discs
  • Herniated Discs
  • Spinal Stenosis
  • Facet Syndrome
  • Sciatica
  • Arm Pain from Nerves in Your Neck

The DRX9000 is a device that has been approved by the FDA for treating herniated discs through spinal decompression therapy. This therapy works by applying equal amounts of pressure on your vertebral columns, which stretches your spine and creates a gap between spinal discs. This gap allows for better nutrient flow through your spine, which can help heal injuries gradually with regular treatment sessions. The DRX9000 also utilizes servo motors that rely on nested closed-loop feedback to customize therapy to your unique needs. By using DRX9000, you can often speed up your recovery by addressing your spinal disc issues ASAP.

No Harmful Medications Needed (Do we really need this paragraph or could we just mention it int he beginning about how it is a non-pharmaceutical method)

Perhaps the most significant advantage of the DRX9000 is that it provides a non-pharmaceutical method for relieving pain. With the opioid epidemic affecting the entire nation, many patients are reluctant to take prescription painkillers. The DRX9000 offers a secure and non-addictive alternative for pain relief that does not require medication.

During the course of the treatment, the patient will lie down on a specially designed table that is connected to the machine. The table will then be gently stretched as the machine creates negative pressure within the affected disc. This process will be repeated over a series of sessions, typically ranging from 20 to 30 sessions, depending on the patient's specific condition.

The DRX9000 treatment is considered to be safe and effective for many patients. It is designed to be gentle on the body, and patients usually experience little to no discomfort during their sessions. The machine is also equipped with advanced safety features, including sensors that can detect any sudden movements and stop the machine if necessary.

Expedite Rehab and Training with the AlterG® Anti-Gravity Treadmill

The AlterG® Anti-Gravity Treadmill boasts NASA Differential Air Pressure (DAP) technology, which is a highly accurate air calibration system that leverages your actual body weight to achieve exceptional results in rehab and training. By utilizing a pressurized air chamber, the AlterG allows you to move freely and without pain, as it uniformly reduces gravitational load and body weight by up to 80% in precise 1% increments. This process helps foster improved muscle strength, balance, function, range of motion, and overall fitness.

What Makes the AlterG® Anti-Gravity Treadmill So Effective for Physical Therapy in CItyname, State?

AlterG®'s state-of-the-art treadmill provides an entire range of benefits, such as mimicking natural movement and rhythm without the contrived feel of hydrotherapy or harnesses attempting to imitate real-life strides and motions. Additionally, it's beneficial for speeding up recuperation after orthopedic injuries or surgeries by enabling early mobilization and retaining strength. Furthermore, it's excellent for sports recovery since athletes can utilize it to maintain their physical fitness.

Some of the numerous benefits of using the AlterG® Anti-Gravity Treadmill include:

  • Accelerated Recovery Time
  • Relief from Impact-Related Pain and Discomfort
  • Customized Programs Suited to Your Needs
  • Effective Solution for All Ages
  • Safe and Controlled Environment
  • Improves Motivation and Confidence
  • Used by Elite Athletes and Celebrities

The AlterG Anti-Gravity Treadmill is a revolutionary piece of equipment that has transformed the field of physical therapy. With its list of unique features and superhero-worthy benefits, this anti-gravity treadmill is a game-changer that can help you achieve your fitness and recovery goals while also minimizing the risk of injury.

 Chronic  Pain Therapy Wachovia, NJ
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Physical Therapy Wachovia, NJ

Experience Optimized Healing with LiteCureâ„¢ Low-Level Laser Therapy

After reading the headline above, you might be asking yourself, "Are lasers really used for physical therapy in cityname, state?" The answer to your question would be a resounding "Yes!" This advanced type of laser therapy harnesses the power of light through photobiomodulation (PBM), which is revolutionizing how patients heal and deal with pain.

Photobiomodulation (PBM) is a medical process that utilizes targeted light to activate the body's natural healing mechanisms. By penetrating deep into the tissue, photons interact with mitochondria (the cellular powerhouses in your body) to increase energy production. This interaction triggers a biological cascade that leads to increased cellular metabolism. As a result, PBM can reduce pain, accelerate tissue repair, and enhance overall well-being.

Low-level laser therapy (LLLT) is a non-invasive and painless treatment that utilizes specific wavelengths of light to stimulate healing and reduce pain. It works by penetrating the skin and tissues to promote cellular activity and increase blood flow, which in turn helps to reduce inflammation, relieve pain, and accelerate the healing process.

LLLT has been shown to be effective for a variety of conditions, including musculoskeletal injuries, arthritis, neuropathy, and more. It is a safe and gentle treatment option that can aid in regaining function and mobility from injuries, accidents, surgeries, and other conditions. That makes it a viable and trustworthy addition to your personalized physical therapy plan from NJ Sports Spine & Wellness.

LLLT has shown promising results for challenging conditions that other treatments can't match. Some of the most common conditions treated include:

  • Muscle Pain
  • Pain from Tendinopathy
  • Osteoarthritis Pain
  • Swollen Joints
  • Myofascial Pain
  • Back and Neck Pain
  • Pain from TMJ
  • Achilles Tendon Injury Pain
  • Plantar Fasciitis Pain
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If you're slogging through life and suffering from one or more of the conditions above, you should know that there is hope for pain relief. Contact NJ Sports Spine & Wellness today to find out if low-level laser therapy is right for you.

Freeze Away Pain and Swelling with Ice Compression Therapy

Game Ready Ice Compression Therapy is an advanced treatment technique that combines the advantages of modern cryotherapy (ice therapy) with the proven benefits of compression therapy. This clinically proven, synergistic approach is widely used in sports medicine, physical therapy, orthopedics, and post-operative care to speed up recovery, alleviate pain and inflammation, and enhance rehabilitation.

Understanding the Powerful Benefits of Ice Compression Therapy

 Sciatica Pain Therapy Wachovia, NJ

Game Ready Ice Compression Therapy is an advanced treatment technique that combines the advantages of modern cryotherapy (ice therapy) with the proven benefits of compression therapy. This clinically proven, synergistic approach is widely used in sports medicine, physical therapy, orthopedics, and post-operative care to speed up recovery, alleviate pain and inflammation, and enhance rehabilitation.

The "cold" component of ice compression therapy helps nullify nerve-ending sensitivity, which provides pain relief. The extra compression gives you even more pain relief by reducing swelling and pressure on limbs and other body parts.

By improving lymphatic flow and enhancing blood circulation, compression therapy can help reduce swelling and edema, thereby improving your recovery process and simultaneously reducing pain and discomfort.

The concurrent use of cryotherapy and compression can enhance the body's innate healing mechanisms by reducing inflammation, mitigating tissue damage, and stimulating tissue repair.

Game Ready's combination therapy has been shown to be effective in improving joint flexibility and range of motion by promoting tissue healing. This treatment can be a great option for those looking to alleviate discomfort and improve overall joint health.

 Headaches And Migraines Therapy Wachovia, NJ

Whether you're recovering from surgery or you're trying to manage chronic pain in your back or joints, ice compression therapy may be the advanced treatment you need. Contact NJSSW today to learn more about how this treatment can help you live an active life free of pain.

NormaTec Compression Therapy:

A Non-Invasive Option for Enhanced Recovery

Game Ready Ice Compression Therapy is an advanced treatment technique that combines the advantages of modern cryotherapy (ice therapy) with the proven benefits of compression therapy. This clinically proven, synergistic approach is widely used in sports medicine, physical therapy, orthopedics, and post-operative care to speed up recovery, alleviate pain and inflammation, and enhance rehabilitation.

What Makes NormaTec Compression Therapy Best for Physical Therapy in Cityname, State?

Game Ready Ice Compression Therapy is an advanced treatment technique that combines the advantages of modern cryotherapy (ice therapy) with the proven benefits of compression therapy. This clinically proven, synergistic approach is widely used in sports medicine, physical therapy, orthopedics, and post-operative care to speed up recovery, alleviate pain and inflammation, and enhance rehabilitation.

NormaTec's compression therapy devices have undergone continuous refinement and improvement since their inception. The adjustable settings of their system enable users to regulate the intensity, duration, and pattern of compression, thereby enabling our skilled providers to tailor treatment to suit the specific requirements and comfort levels of each patient.

 Shoulder Pain Therapy Wachovia, NJ

Experience Holistic Wellness with Cupping Therapy in New Jersey

In the realm of holistic wellness, cupping therapy is a venerable and time-honored practice that has proven to be an effective technique for managing pain and enhancing blood flow. At NJ Sports Spine & Wellness, we recognize the diverse benefits of cupping therapy, which we offer at both our Matawan and Marlboro, NJ locations.

This ancient technique creates suction on your skin using specialized cups that help promote blood flow, muscle relaxation, and pain relief.

Why is Cupping Therapy Helpful for Physical Therapy in CItyname, State?

 Wrist Pain Therapy Wachovia, NJ

At NJ Sports Spine & Wellness, we believe that incorporating holistic treatments into physical therapy can greatly benefit our patients. As part of our efforts to alleviate stress and manage chronic pain or conditions, we offer cupping therapy as one of those holistic treatments. This modality has been proven effective and offers numerous benefits for physical therapy, which include:

Cupping therapy can help release muscle tension and relieve back pain. The suction from the cups releases fascial restrictions, decreases muscle tightness, and relieves muscle knots, providing relief from pain caused by muscular tightness or strain.

Our skilled practitioners and physical therapists use modern cupping devices and techniques to create consistent suction on the skin, which stimulates blood flow and encourages oxygen-rich blood to flow into muscles and tissues. This improved circulation can reduce inflammation, remove toxins, and promote healing.

Cupping therapy can relieve back pain by improving circulation, reducing muscle tension, and increasing lymphatic drainage. It's a natural and non-invasive approach that can improve mobility and quality of life.

Cupping therapy uses a gentle suction and pulling sensation that helps ease back pain and reduces stress by creating a calming effect on the body and mind, promoting physical and mental healing.

Reclaim Your Mobility with Physical Therapy in Wachovia, NJ

At NJ Sports Spine & Wellness, we always prioritize your well-being and offer comprehensive care tailored to your needs. With customized physical therapy tailored to your specific needs, we provide a drug-free, non-invasive, and highly effective treatment path for pain relief and recovery. From tried-and-true techniques to cutting-edge treatments, we're New Jersey's top choice for innovative physical therapy.

Take the first step towards a pain-free, vibrant life by contacting our office today. It all starts by scheduling your initial consultation. With our highly-trained and licensed specialists by your side, you can embrace a brighter, pain-free future.

 Chronic  Pain Therapy Wachovia, NJ

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Latest News in Wachovia, NJ

SPOILERS AHEAD: Mariah Carey’s Christmas Setlist at Philadelphia’s Wells Fargo Center 2023

It'll feel like a true Christmas miracle in South Philadelphia on December 13, 2023. That's the night that the Queen of Christmas comes to town!Yes, Mariah Carey is bringing her Merry Christmas One And All! Tour to the Wells Fargo Center on Broad Street in South Philadelphia on Wednesday, December 13, 2023.Though, it seems like on concert day, there are a few last-minute questions that we always have, right?...

It'll feel like a true Christmas miracle in South Philadelphia on December 13, 2023. That's the night that the Queen of Christmas comes to town!

Yes, Mariah Carey is bringing her Merry Christmas One And All! Tour to the Wells Fargo Center on Broad Street in South Philadelphia on Wednesday, December 13, 2023.

Though, it seems like on concert day, there are a few last-minute questions that we always have, right?

What times does the concert ACTUALLY start and what will the setlist be?

So we did some digging on the web, and thanks to some X.com (Twitter) stalking and using resources like Setlist.fm, we think we've answered a lot of those questions.

Spoilers are ahead.

But! If you're wondering about what time the doors open, have parking questions or more for a show at the Wells Fargo Center, we've got that posted for you right here.

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OK! So we know that the show shows a 7:30 p.m. start time, but what time will Mariah hit the stage? It looks like Mariah will hit the stage around 8:30 p.m. that night.

All of these times, of course, are subject to change.

Some people like to be surprised at a concert, but I'm not one of them. I like to plan my bathroom breaks and bar trips during a concert. So I NEED to know what songs are coming up.

Here's what we think Mariah's setlist will be (of course, this too, is subject to change).

Sugar Plum FairyHark! The Herald Angels SingSanta Claus IS Coming to Town (Video)Oh Santa!

Christmas (Baby, Please Come Home)When Christmas ComesSleigh RideHere Comes Santa Claus (Right Down Santa Claus Lane)

KNOW BEFORE YOU GO: Mariah in Philly

Christmas Wrapping (Waitresses Cover)Silent NightJesus Born on This DayOne Child

Joy to The WorldChristmas Time Is in the Air AgainGod Rest Ye Merry Gentlemen (piano solo)

Always Be My Baby / Dreamlover / Honey / Heartbreaker / A No No / It’s a Wrap / Emotions / Make It Happen / Fly Like a BirdWe Belong TogetherHero

Encore:All I Want For Christmas Is You

N.J. banks get a Wells Fargo merger makeover

AP FILE PHOTONew paint, signs and furniture graced the lobbies of Wachovia branches this month—all in the name of Wells Fargo, which acquired the bank in a mega merger two years ago.Branches, now called stores, were converted to the Wells Fargo name in New Jersey and Delaware this month. New York and Connecticut will follow next month.Besides the name change, the financial services giant is trying to make its Wachovia customers feel at home by acting more like a community bank."It’s about giving t...

AP FILE PHOTO

New paint, signs and furniture graced the lobbies of Wachovia branches this month—all in the name of Wells Fargo, which acquired the bank in a mega merger two years ago.

Branches, now called stores, were converted to the Wells Fargo name in New Jersey and Delaware this month. New York and Connecticut will follow next month.

Besides the name change, the financial services giant is trying to make its Wachovia customers feel at home by acting more like a community bank.

"It’s about giving them a local feel with the power of a big bank behind them," said Lucia DiNapoli Gibbons, Wells Fargo’s Northern New Jersey regional president.

So far, the marriage with Wells Fargo has been a mixed experience for the Wachovia faithful. Dharmesh Patel of Somerset was making his second trip to the bank on a recent morning. His first visit was spent switching accounts, but then he ran into an issue with his ATM card.

"The old passwords don’t work with the new cards, so I had to come back again," he said. "They should tell people this instead of making them go back and forth."

The largest bank merger in U.S. history illustrates the difficulty of mixing two cultures under a single brand and appeasing customers who are tired of consolidation in the financial services industry.

"Mergers usually result in more complaints rather than pleasant surprises," said Ken Tumin, chief blogger for depositaccounts.com, which rates savings products from banks and credit unions. "I rarely see cases in which banks get larger and offer better deals for savers."

Nearly a decade ago, the same skepticism surrounded Wachovia when it swallowed First Union to become the fourth largest bank in the nation. The deal gave Wachovia, which was largely concentrated in the South, an immediate presence across the northeast.

As the Wachovia name was erased, some Wells Fargo customers have complained in blog posts about difficulty reaching call centers and debit cards that temporarily didn’t work.

Larry Blunt of Somerset said he has heard of other customers having problems. However, he said switching his debit card to Wells Fargo took just 10 minutes.

"They couldn’t get all the cards changed over right away, so some people’s cards work and some don’t, but I think it’s going to be a reasonable and well-run bank once everything is straightened out," he said.

Gibbons concedes there were a few minor glitches, but she said the initial problems were cleared up and the bank will apologize to customers who were inconvenienced. Wells Fargo also has hired another 250 bankers to assist customers in New Jersey. The bank now has 6,500 employees in the state and 313 "stores."

Wells Fargo offers a variety of packages that Wachovia did not, tailored to segments of customers such as students, employees of business customers, members of the military and first responders, she said.

The bank also offers portfolio management accounts that provide some services for free, such as online bill paying, checking or bonus rates on accounts, she said. Customers who already have free checking will be able to keep it.

"Our employees have more tools in their tool chest to meet clients’ financial needs," Gibbons said.

Tumin, of depositaccounts.com, said some changes are not for the better.

"With a lot of these acquisitions, some of the best features of the (acquired) banks are being dropped by the big banks," he said.

For example, last year, Wachovia—under Wells Fargo—began charging $2 a month for printing check images on monthly statements, he said. Previously, check images had been free.

Wells Fargo responds that customers who sign up for online statements can get check images they can print for free for up to 90 days.

The bank also lowered the interest rate available on Wachovia’s "Way2Save" program, which gave attractive interest rates to small savers. Wells Fargo said the action was taken because of a drop in interest rates, Tumin said. The bank also now charges a fee for new safe deposit boxes. They are still free for customers who already have them.

Alex Vass of Somerset said customers shouldn’t be worried about the switch to Wells Fargo because the bank has been his mortgage processor for 18 years.

"I know a lot of people are having problems, but this is a quality operation," he said. "I’ve been doing my mortgage with them for years and have never had a problem. It’ll work out for the best."

Wells Fargo has a tradition of supporting community groups and has selected art work for its stores with help from neighborhood groups. Customers also voted on which local charities would receive the most money from the bank this year. The Community Food Bank of New Jersey won the most votes and received a check this month for $30,000, according to Kathleen DiChiara, who heads the organization.

"They’re taking the right steps," she said. "Wachovia was wonderful because they did food drives and donated funds, and there is every indication it will continue under Wells Fargo."

Still, large banks are too impersonal to replicate the neighborhood bonds developed by community banks, said Gilles Gade, chairman of Cross River Bank in Teaneck. His one-branch institution has only 2,000 customers compared with 1.47 million in New Jersey alone for Wells Fargo.

"We call people by their first name when they come in the door, and some of our clients enjoy having coffee in the morning with the branch manager," Gade said. "That is something no big bank can implement for one reason: the turnover of their staff. Their people typically don’t last more than three years while a community bank might have some branch managers for 15 years."

Ana Matos, a Wells Fargo store manager in Elizabeth, would disagree. She said employees have a better career path with Wells Fargo than they did under Wachovia.

"Working for one of the largest banks in the United States allows me to be able to move up with the company because they promote from within," she said.

Staff writer Tiffani N. Garlic contributed to this report.

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No more banks? 'Banking deserts' spread at record rate in NJ

New Jersey had a net loss of 279 bank branches during the past three years, or 10% of its total, a report by the Federal Reserve Bank of Philadelphia found, in a move that increased the risk that customers won't have access to basic banking services.The consolidation picked up during the pandemic to an unprecedented pace, impacting customers not only in low-income neighborhoods, but also rural communities and suburban towns, the report said."Not all consumers would be able to adapt to the digital transformat...

New Jersey had a net loss of 279 bank branches during the past three years, or 10% of its total, a report by the Federal Reserve Bank of Philadelphia found, in a move that increased the risk that customers won't have access to basic banking services.

The consolidation picked up during the pandemic to an unprecedented pace, impacting customers not only in low-income neighborhoods, but also rural communities and suburban towns, the report said.

"Not all consumers would be able to adapt to the digital transformation at the same speed," said Lei Ding, community development research officer with the Philly Fed. "Some older people, some disabled people and low-income people may have some difficulty adjusting to this transition."

The Federal Reserve Bank of Philadelphia oversees some financial institutions for a region that includes nine counties in southern New Jersey, eastern and central Pennsylvania and Delaware.

'Difficult to get cash':NJ bank branch closings raise roadblocks for disabled people

It released its report this week as New Jerseyans adjust to a banking landscape that is changing rapidly. During the past decade, the Asbury Park Press has found the Garden State has seen the number of banking institutions operating there decline by one third and the number of branches decline by 24%.

Ding and his co-author, Alaina Barca, a community development research analyst at the Philly Fed, said banks in New Jersey, Pennsylvania and Delaware have been closing branches since the Great Recession in 2008, but the pace doubled during the pandemic — from an average of 105 branches a year between 2009 and 2019 to an average of 251 branches a year between 2019 and 2022.

The closures have left more New Jerseyans living in so-called banking deserts, increasing from nine South Jersey Census tracts in 2019 to 13 in 2022, the report said. A banking desert means there are no bank branches within two miles in an urban area, five miles in a suburban area and 10 miles in a rural area.

Real estate revolution:Why South Jersey beats North Jersey in ZIP codes with biggest, smallest home price rises

Among them: A neighborhood in Egg Harbor City in Atlantic County. In 2014, it had a Wells Fargo and OceanFirst branch within a five-mile radius. But both branches closed in 2020, creating what qualifies as a banking desert for a community of 4,246, according to the report.

"Low- and moderate-income individuals and businesses in banking deserts may face increased challenges in accessing retail products and services, limiting their opportunity to improve their financial health and accumulate wealth," the authors wrote.

Banks have said the foot traffic in some of their branches has fallen sharply as more consumers gravitate to digital banking, leaving little choice but to close them.

'This is how wars start':Does Central Jersey include both Ocean and Union counties?

But the branch consolidation has left elected officials seeking answers. In Ocean County, Commissioner Joseph Vicari said last year he met with New Jersey Banking and Insurance Commissioner Marlene Caride to try to reverse the tide, but was told banks are largely regulated by the federal government.

Banks growing in different ways:How OceanFirst Bank will use $42M Toms River headquarters to become more powerful

The authors of the Philly Fed report said some banks have created pop-up branches that can provide banking services to underserved communities. And federal regulators have made rules proposals that would change Community Reinvestment Act evaluations and incentivize banks to open new branches in deserts or retain existing branches in at-risk communities.

Michael L. Diamond is a business reporter who has been writing about the New Jersey economy and health care industry for more than 20 years. He can be reached at mdiamond@gannettnj.com.

TD Bank Names Gregory Carlisle Commercial Market President for South / Coastal New Jersey

CHERRY HILL, N.J., Oct. 26, 2022 – TD Bank, America's Most Convenient Bank®, announced it has appointed Gregory Carlisle as its Commercial Market President for South Jersey/Coastal New Jersey. He succeeds Robert Curley III, following his move to Regional President of the Pennsylvania and New Jersey Metro.In this role, Carlisle will lead the local Commercial and Small Business banking teams and customer portfolios throughout Monmout...

CHERRY HILL, N.J., Oct. 26, 2022 – TD Bank, America's Most Convenient Bank®, announced it has appointed Gregory Carlisle as its Commercial Market President for South Jersey/Coastal New Jersey. He succeeds Robert Curley III, following his move to Regional President of the Pennsylvania and New Jersey Metro.

In this role, Carlisle will lead the local Commercial and Small Business banking teams and customer portfolios throughout Monmouth, Ocean, Atlantic, Cape May, Gloucester, Salem, Cumberland, Camden and Burlington counties while partnering with TD's specialty business lending and consumer teams to expand client relationships in the market. Carlisle will also direct local TD sponsorship and community giving.

Carlisle is a 22-year veteran of the local Pennsylvania / New Jersey banking community. He joined TD Bank in 2014 as Regional Vice President of Gloucester/Cumberland/Salem counties, where he led his team to increase market shares in each county. In 2019, he won the coveted CEO WOW Award at TD Bank for Commercial Banking and in 2021 he and his team led TD SBA in total loan dollars funded.

“Greg is a trusted advisor to a large and diverse portfolio of local clients, and his extensive expertise and experience in commercial and small business banking will greatly enable TD’s continued growth in this key market," said Curley, Regional President for Pennsylvania and New Jersey Metro. "His balance between empathy and business acumen will position him well to lead one of TD's largest markets, including our bank's headquarters area."

Carlisle serves the community by volunteering on various nonprofit boards. Most recently, he held the position of Chief Volunteer Officer for the Gloucester County YMCA and he sits on the board of the Gloucester County Chamber of Commerce and serves on their Finance Committee.

Prior to joining TD, Carlisle built and managed commercial teams at financial institutions in the Mid-Atlantic including HSBC Bank, Washington Mutual/JP Morgan Chase, and Wachovia Bank (Wells Fargo). His commercial banking experience includes roles in small business, commercial mortgage, Commercial & Industrial lending, and global trade finance.

About TD Bank, America's Most Convenient Bank®

TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing over 9.8 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Auto Finance, a division of TD Bank, N.A., offers vehicle financing and dealer commercial services. TD Bank and its subsidiaries also offer customized private banking and wealth management services through TD Wealth®. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.td.com/us. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US and www.twitter.com/TDNews_US.

TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit www.td.com/us.

Media Contact:Catherine AcheyCatherine.Achey@TD.com

N.J. banks Wells Fargo, Chase, PNC Bank cut debit card rewards programs

New Jersey banking customers are slowly losing the benefits of swiping their debit cards at retailers, supermarkets and convenience stores.Three of the largest banks in the state have announced they are curtailing or eliminating rewards programs for debit card customers. Wells Fargo last week ended the program for new customers at its former Wachovia branches. The program also will be terminated for new customers at Wells Fargo branches on April 15.Wells Fargo joins Chase and PNC Bank in restricting or dropping their debit rewa...

New Jersey banking customers are slowly losing the benefits of swiping their debit cards at retailers, supermarkets and convenience stores.

Three of the largest banks in the state have announced they are curtailing or eliminating rewards programs for debit card customers. Wells Fargo last week ended the program for new customers at its former Wachovia branches. The program also will be terminated for new customers at Wells Fargo branches on April 15.

Wells Fargo joins Chase and PNC Bank in restricting or dropping their debit rewards programs. In early February, Chase closed its program to new customers and will eliminate it for existing customers in July. PNC Bank said its program will end in September for customers with free checking accounts.

"If you are a new bank customer, you are on the outside looking in," said Bill Hardekopf, CEO of LowCards.com and author of The Complete Credit Card Guidebook. "We are seeing part one of a two-part story here because Wells Fargo might follow Chase’s example of cutting off existing customers."

Chase, Wells Fargo and PNC are among the largest banks in New Jersey, controlling a combined market share of 24 percent of all bank deposits in the state, according to John E. McWeeney Jr., president of the New Jersey Bankers Association.

By using debit cards frequently, consumers can get rewards such as gift cards for use at retail stores, movie theaters, hotels and for car rentals.

Wells Fargo customers use their rewards to obtain gift cards at stores such as Target, Sears, CVS and Lowe’s as well as for movie tickets at AMC Theaters.

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Rewards programs are being changed as a result of the so-called Durbin Amendment contained in last summer’s banking overhaul law. The amendment will cap swipe fees — essentially a toll charge for using debit cards — that banks collect from merchants. The fee banks will earn on every transaction will drop to 12 cents, down from an average of 44 cents, consumer advocates said.

Wells Fargo said it is halting new enrollments in its rewards program because of the "significant reduction of fees retailers pay banks for debit card transactions," said Fran Durst, a spokeswoman for Wells Fargo at its Northeast regional office in Summit.

"Current (debit) customers can rest assured they will continue to earn rewards," she said.

Chase plans to prorate the annual fee customers have already paid for their debit cards, according to Mike Fusco, a Chase spokesman.

The reduction in swipe fees, formally known as interchange fees, is part of the Dodd-Frank Wall Street Reform and Consumer Protection Act that was signed into law last year. The new swipe-card fees are scheduled to take effect in July.

Banking lobbyists have been working feverishly in Washington, D.C., to try to delay the new rules because they expect to lose billions of dollars in revenue from the changes.

Debit cards are used on payment networks controlled by credit card companies such as MasterCard and Visa. Merchants have been forced to pass along swipe charges to customers for years, according to Ed Mierzwinski, consumer program director for U.S. PIRG, a consumer advocacy group.

"The interchange system is anticompetitive, not transparent and non-negotiable for merchants," he said. "It has all of the attributes of a duopoly because merchants were unable to offer their customers discounts for using cash, and now they will be able to do that."

Banks will lose about $14 billion in revenue if they make only 12 cents on every transaction, said Odysseas Papadimitriou, chief executive of CardHub.com, a consumer website.

Banks will try to make up the lost revenue from swipe fees by requiring customers to maintain higher balances to receive free checking, increasing ATM fees or charging customers for online bill paying, Papadimitriou said.

"The more you can break down the product into multiple fees, the harder it is for customers to figure out how much they are paying," he said.

"Imagine going into Best Buy, and every TV was priced based on which channels you watched, how many hours you watched and what time of day. That’s what they are trying to do."

Editor's note: An earlier version of this story did not make clear that PNC Bank will end its program in September for customers with free checking accounts. Customers with other PNC checking accounts will continue to earn rewards.

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