If this page doesn't display properly in your email, click here. January 29, 2014
New Jersey Bankers Association
Legislative Update
Applications Bulletin
Regulatory Bulletin
Buy-Sell Loans/Participations
Web Seminars
NJBankers Education Foundation Donates $10,000 to Rutgers University to Aid Veteran Students

The Trustees of the New Jersey Bankers Education Foundation recently presented a $10,000 donation to the Office of Veteran Services at Rutgers University to assist veteran students facing financial hurdles in continuing with their education. 

Front: Foundation Chairman Robert Stillwell, president/CEO, Boiling Springs Savings Bank; Robert Bright, Asst. Dir., Veteran and Military Programs & Services- Rutgers University ; NJ Bankers Chairman Stewart E. McClure, Jr., regional president, Lakeland Bank; and COL Stephen Abel (Ret.), Director, Veteran and Military Programs & Services- Rutgers University. Back left to right, NJBankers First Vice Chairman Gerald Reeves, president/CEO, Sturdy Savings Bank; James Silkensen, director, Somerset Savings Bank; Ryan Lind, Rutgers veteran student; Thomas Krause, Rutgers veteran student; Kevin Cummings, president/CEO, Investors Bank; John E. McWeeney, Jr., president/CEO, NJBankers; James Meredith, EVP/COO, NJBankers and secretary/treasurer Education Foundation; NJBankers Second Vice Chairman Angela Snyder, CEO/vice chairman, Fulton Bank of New Jersey.

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Kevin Cummings Elected to Board of Directors of the FHLBNY

The Federal Home Loan Bank of New York (“FHLBNY” or “Bank”) has announced that its board of directors elected Kevin Cummings, president and chief executive officer of Investors Bank, to fill the unexpired term of former FHLBNY Member Director Ronald E. Hermance, Jr., who resigned from the board.  Cummings will serve as a Member Director representing FHLBNY members in New Jersey from January 17, 2014 through and including December 31, 2014.

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Upcoming Conferences - Mark Your Calendar
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Director Online Training
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Other Industry Meetings
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NJBankers Celebrates 5th Anniversary!

NJBankers is celebrating our 5th anniversary! It was in 2009 that the New Jersey League of Community Bankers and the legacy New Jersey Bankers Association combined to form the association which continues to service our members today and represent, with one voice.

Erin Suckiel Promoted to Assistant to Director of Communications

We are pleased to announce that Erin Suckiel, who served as administrative assistant/receptionist at NJBankers, has been promoted to assistant to the Vice President and Director of Communications Emily DeMasi. In her previous position, Erin demonstrated her ability to quickly learn new tasks and carry them out in a timely and effective manner.

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110th Annual Conference Takes Members to Marco Island FL

April 30 – May 4, 2014
Marco Island Marriott Beach Resort, Marco Island, FL

Registration is now open for the NJBankers 110th Annual Conference.  The Marco Island Marriott Beach Resort, Marco Island, FL, will be the site of this year's annual conference. 

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NJBankers Capitol Hill Visits - SAVE THE DATE

Once again, NJBankers will be conducting visits to your Congressmen and Senators this Spring.  From March 24th through March 26th, in conjunction with the American Bankers Association's Washington Government Affairs Summit, NJBankers will be coordinating meetings with our Federal representatives. Read more

DEADLINE EXTENDED: Highlight the Impact Your Bank Has Made on the Communities You Serve with the NJBankers Community Service Awards

NJBankers wants to give your bank the opportunity to get the recognition it deserves for its community service initiatives.  The Community Service Award program highlights the significant impact New Jersey banks have on their local communities.

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Directors and Managing Officers Conference

Directors and Managing Officers Conference 
Friday, March 14, 2014
Renaissance Woodbridge Hotel, Iselin, NJ

Boardroom intelligence is more important than ever and NJBankers Directors and Managing Officers Conference will help steer your board for the challenges ahead. We have assembled a program of outstanding speakers to help your directors become a strategic asset for your financial institution.

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Advanced IRA Issues Compliance Seminar

Advanced  IRA Issues Compliance Seminar 
Thursday, February 20, 2014
NJBankers Office, Cranford, NJ, 07016
CPE & CLE Credits May Apply

Join NJBankers and Pension Management Company for this annual seminar.  Anyone can stand at a lectern and spout rules and regulations.  The challenges are to make sure people understand what the rules mean and how to apply them in everyday situations.  This Advanced IRA Issues Compliance Seminar is an exceptional, hands-on workshop that will provide critical information on IRAs and tax-favored savings plans in terms you can readily understand. 

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Campaign Finance Seminar

Campaign Finance Seminar 
Developing an Ethical and Effective Political Activity
Compliance Program
Tuesday, March 4, 2014

Crowne Plaza, Monroe Township, NJ
CPE & CLE Credits May Apply

These days, political participation requires vigilance.  All procedures and protocols should be reviewed in advance, and each decision to participate should be evaluated specific to the context in which the request is made – not every circumstance is the same.

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Annual Security Seminar - presented by Profit Protection

Annual Security Seminar
presented by Profit Protection LLC
Wednesday, March 19, 2014
Crowne Plaza, Monroe Township, NJ
CPE & CLE Credits May Apply

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AMB Leadership Meets with FDIC Chairman Gruenberg in Washington DC

Members of America’s Mutual Banks (AMB) leadership recently met with FDIC Chairman Martin Gruenberg and FDIC senior staff which included Chief of Staff Barbara Ryan, Director, Division of Depositor and Consumer Protection Mark Pearce, and Director, Division of Risk Management Supervision Doreen Eberley to discuss issues of importance to mutual banks.

Left to right:  AMB Second Vice Chairman Rob Rey, president/CEO NVE Bank; AMB Chairman Chuck Boulier; FDIC Chairman Martin Gruenberg; Immediate AMB Past Chairman Martin Neat and AMB Washington Representative Doug Faucette.

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Stephen Feehan Has Been Appointed Senior Vice President, Controller at Columbia Bank

Stephen Feehan has been appointed senior vice president, controller at Columbia Bank. In his new role,  Feehan will manage the bank’s accounting department.  He joined Columbia Bank in 2002 as assistant controller. 

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McSorley Promoted to Senior Vice President

Trina McSorley has been promoted to senior vice president at Sturdy Savings Bank. McSorley, the Bank’s director of Human Resources, has 20 years of experience in her field. She joined Sturdy in 2012, after having served as an HR director in both the legal and hospitality industries.

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Pace Joins Bogota Savings Bank; Labetti Promoted to AVP

Kevin Pace has joined Bogota Savings Bank as compliance manager, responsible for ensuring lending, accounting, marketing and operations practices that adhere to state and federal regulations.

Laura Labetti has been promoted to assistant vice president – branch manager.  


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Michael Venable Joins TD Bank as SVP/Head of Underwriting for Retail Bank Operations

Michael C. Venable has been named senior vice president/head of underwriting for retail bank operations for TD Bank in Mt. Laurel. Venable is responsible for providing strategic direction and guidance within retail bank/banking operations as well as oversight of credit decisions and performance of a $20 billion money out origination channel and a multi-billion retail lending portfolio on assets from Maine to Florida.

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Bank of America's Student Leaders® Program - Time is Running Out!

The Bank of America Charitable Foundation’s Student Leaders® Program is accepting applications for the 2014 program.  The bank is looking to identify outstanding young people who are passionate about making a difference in our community.

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Bogota Savings Bank Donates $5,000 to Bogota Fire Department

Bogota Savings Bank donated $5,000 for the Bogota Fire Department to be utilized for a Thermal Imaging Camera. Bank representatives, including President/CEO Joseph Coccaro, and Fire Department members pose for a celebratory photo.

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Associate Member McGladrey Expands Financial Institutions Team to Meet Client Needs

James (Jim) Norfleet has joined McGladrey as a partner in its New York City office. Norfleet brings more than 23 years of experience providing audit and assurance services to a diverse financial institution client base, including public and private entities ranging from $100 million to $16 billion in assets.

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UCEDC Named NJ's Top Microlender by the SBA

UCEDC, a statewide, nonprofit economic development corporation, was recognized as New Jersey's leading microlender at the US Small Business Administration's Annual Lenders Awards Ceremony earlier this month.  UCEDC topped New Jersey's other lenders in fiscal 2013 by lending $2 million to 71 small businesses.

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Seeking Position

Wealth Management Professional/Director of Information Management & Reporting – Individual with experience in managing the family office’s information management & reporting (IM&R) suite of products including the management of a team of 13 IM&R professionals seeks position.  For a copy of this resume, please contact Jim Meredith at jmeredith@njbankers.com.

Collections/Accounts Receivable Specialist Seeks Position - Individual with over 15 years experience in the collection of past due accounts including the posting of cash, credit card and check payments seeks position. For a copy of this resume, please contact Erin Suckiel at esuckiel@njbankers.com.

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