If this page doesn't display properly in your email, click here. December 11, 2013
New Jersey Bankers Association
Legislative Update
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Members Urged to Ratify Proposed By-law Amendments

At its meeting on November 20, 2013, the Board of Directors recommended that the membership ratify changes to the New Jersey Bankers Association Bylaws. A packet of information relating to the proposed changes was mailed to all Regular Member banks on December 2, 2013. Members are urged to review the information and vote on the changes as soon as possible, but no later than January 16, 2014. The Board of Directors urges ratification of all the proposed amendments.  
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Robert Barchi Among Influencers to Speak at Economic Leadership Forum


Dr. Robert Barchi, president, Rutgers University, (left) joins a line-up of influencers presenting at the Economic Leadership Forum including Keynote Speaker Frank Luntz. Don’t miss this in depth look at the region’s financial future! 

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In Memoriam - John "Jack" Kay

With sadness, we report the passing of John “Jack” Kay, 85, of Palm Beach, FL formerly of Red Bank, NJ on November 30, 2013 at Martin Memorial Hospital in Stuart, FL. In lieu of flowers, donations may be made in Jack's honor to Monmouth Boy Scouts of America. Read more

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In Memoriam - Anthony Schoberl

Anthony Schoberl received a NJBankers award for 50 years of service to the banking industry. Son Peter, chairman/president/CEO, Community First Bank, attended the event honoring his father with a Service Award. 

With sadness, we report the passing of Anthony Schoberl, 98, this past Friday, December 6, 2013.  Contributions in Schoberl’s name may be made to The Center for Great Expectations, 19 B Dellwood Lane Somerset, NJ 08873 or to the Marine Corps Law Enforcement Fund, 273 Columbus Avenue Suite 10 Tuckahoe, NY 10707.   Read more

Fed Beige Book: Economy Continues to Expand at a Modest to Moderate Pace

Reports from the twelve Federal Reserve Districts indicated that the economy continued to expand at a modest to moderate pace from early October through mid-November. Activity in the New York District grew at a moderate pace, while Philadelphia cited modest growth.    Read more

Newly Released FDIC Videos Cover Flood Insurance and Appraisals

The FDIC has released new technical assistance videos focusing on flood insurance and appraisals and evaluations. Intended for compliance officers and lenders, the flood insurance videos update bankers on new regulatory requirements. The appraisals and evaluations video covers regulatory requirements and supervisory guidance, as well as applying the regulations to specific situations.  
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NJBankers Service Awards Recognize Milestone Anniversaries - DEADLINE EXTENDED

Employees and directors of member institutions who are celebrating their 15th, 20th, 25th, 30th, 35th, 40th, 45th, and 50th years of service to the banking industry will be recognized at the NJBankers 2014 Annual Conference. Those being recognized will be included in the Service Awards booklet which will be distributed at the Conference and hand delivered or mailed with a certificate following the Conference. Outside bank directors will be presented with certificates at the NJBankers Directors & Managing Officers Conference on March 14, 2014. The submission deadline has been extended to December 23, 2013.   Read more

Endorsed Service Provider Allstate Offers Holiday Promotion

NJBankers is pleased to offer to our entire membership, the following Holiday Promotion from our Endorsed Service Provider Allstate New Jersey Insurance Co.

As a member benefit to your employees, Allstate will provide an additional discount off their Allstate Insurance.    Read more

Paul Van Ostenbridge Recognized by St. Joseph's Wayne Hospital Foundation

Atlantic Stewardship Bank announced that Paul Van Ostenbridge, president and CEO was presented with the 2013 John A. Pasquale, III Community Award. The Award was bestowed upon Van Ostenbridge at the St. Joseph’s Wayne Hospital Foundation Annual Charity Ball. This prestigious accolade pays tribute to Pasquale, and deserving citizens who embody the characteristics of the award’s namesake: outstanding service, advocacy for the hospital, and dedication to the community and the greater good.
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Huff Joins TD Bank as Senior Loan Officer in Commercial Lending

TD Bank named Mary C. Huff as vice president, senior loan officer in Commercial Lending in New Brunswick. She is responsible for managing existing relationships and growing a commercial loan portfolio serving clients throughout Middlesex County.   Read more

Columbia Bank Announces Community Service Awards


Columbia Bank announced their 2013 Community Service Award winners, part of a statewide program that recognizes outstanding community support efforts by their employees.  Columbia Bank employees receiving this year’s special recognition were (l to r) Mary Anne Constantine, Frank Coppola, Margie Hochkeppel, Cathe Nicholson, and Mark Schott.     Read more

Elon University Names New Alumni Center in Honor of Provident Bank President Chris Martin and Family

Provident Bank Chairman, President and CEO Chris Martin and his family were honored during a ceremony to dedicate the Martin Alumni Center at Elon University’s 125th Anniversary Homecoming last month.  The construction was made possible by a donation from the Martin family, which has a deep connection to the university. Chris Martin is a 1978 alumnus and was recently named to the school’s Board of Trustees and his son, Nick, graduated in May with a Bachelor of Science Degree in business administration.

Chris Martin, chairman, president & CEO of Provident Bank (left) and his son Nick Martin, place their memorial bricks in front of the doors to the Martin Alumni Center during the facility’s dedication and naming ceremony. 
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Spencer Savings Bank Collects More Than 1,500 Pounds of Food Through Its Annual Thanksgiving Food Drive

Spencer Savings Bank held its 7th Annual Thanksgiving Food Drive through the month of November, to ensure local families in need were fed this holiday and had a traditional Thanksgiving meal. The bank collected food in support of three local community organizations, the Loaves & Fishes Interfaith Food Pantry of Garfield, the Community Food Bank in Hillside, and the Center for Food Action in Saddle Brook.

Spencer Savings Bank presented six large baskets filled with food items to The Loaves & Fishes Interfaith Food Pantry. Pictured in this photo, from left to right: Marzena Czachor, Spencer’s Garfield branch manager; José Guerrero, Spencer’s president and CEO; Jo Rienzi, counselor/advisor, Garfield Loaves & Fishes; and Mary Blauvelt, coordinator/director, Garfield Loaves & Fishes.    Read more

Amplify Your Voice
Frank Keating, President and CEO, American Bankers Association

One of the things I most enjoy about meeting with bankers in New Jersey and across the nation is learning more about what you’re doing to build your communities and help your customers succeed. Whether your bank is big or small, rural or urban, niche-focused or broader based, you’ve got an interesting story to tell.

It’s the powerful story of America – innovating and working through challenges to meet people’s needs and grow our local and national economies. Our new Amplify program – unveiled at the ABA Annual Convention – is designed to help you effectively share that story.   
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Associate Member Boenning & Scattergood Welcomes Swanke as Managing Director

Associate Member Boenning & Scattergood, Inc. announced that Albert H. Swanke, Jr. has joined its investment banking team as a managing director. Swanke will focus on initiating and executing investment banking transactions as well as expanding and enhancing relationships within the insurance sector.   Read more

Associate Member COCC's David Christie Wins CFO of the Year

The Hartford Business Journal has named Associate Member COCC’s Senior Vice President and Chief Financial Officer, David K. Christie, CFO of the Year among private companies that employ more than 100 people in the Greater Hartford Area.    Read more

Advertise in The Bulletin!

The NJBankers Bulletin reaches over 5,000 subscribers in each weekly issue.    Read more

Join the Fight Against Distracted Driving!

We’re taking a stand against distracted driving, and we need your help. Why join the fight against distracted driving? In a recent study by associate member Plymouth Rock, approximately HALF of the passengers polled have asked a driver to stop texting. By signing the Distracted Driving Pledge, you can help make our roads a safer place by committing to stay focused on the road 100% of the time you are behind the wheel. Let's work together to stop accidents before they happen.   Read more

Individual Seeks Position

An experienced senior auditor seeks position.  Read more

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