A new federal law, Jumpstart Our Business Startups Act, has allowed small community banks to un-list themselves from the stock exchange; by delisting the banks are no longer required to disclose their financial information as is required by law for publicly traded companies.

Among the banks that are returning to being private, is Newark based, City National Bank, which has a branch located on Broadway, in Paterson.

Stocks for CNB, will no longer be traded on the stock exchange.