If this page doesn't display properly in your email, click here. March 19, 2014
New Jersey Bankers Association
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NJBankers Board of Directors Election Underway

Last Wednesday, ballots were mailed to members in Districts 1 and 2 and Class D for the 2014 Board of Directors election. There will not be elections in District 3 and Classes A, C and E, since the number of accepted nominations equaled the number of vacancies; nor in Class B since there is no vacancy in 2014.

The following are candidates for the two vacancies in District 1, which includes members headquartered in Bergen, Essex, Hudson, Morris, Passaic, Sussex and Warren Counties:

• *Thomas Kemly, President & CEO, Columbia Bank
• *Robert Rey, President & CEO, NVE Bank
• Anthony Labozzetta, President & CEO, Sussex Bank
• Thomas Lupo, President & CEO, Regal Bank
• Peter Michelotti, President & CEO, Community Bank of Bergen County, NJ
*denotes incumbent

The following are candidates for the two vacancies in District 2, which includes members headquartered in Hunterdon, Mercer, Middlesex, Monmouth, Ocean, Somerset and Union Counties:

• *John Alexander, Chairman & CEO, Northfield Bank
• *James Hughes, President & CEO, Unity Bank
• John Fitzgerald, President & CEO, Magyar Bank
*denotes incumbent

The following are candidates for the one vacancy in Class D, which is the smallest asset sized class:

• Henry Ingrassia, President & CEO, Glen Rock Savings Bank
• Peter Schoberl, Chairman, President & CEO, Community First Bank

There will not be elections for: Class A, since incumbent Craig Montanaro, President & CEO, Kearny Federal Savings Bank, is the only candidate for the one vacancy; Class C, since incumbent Paul Fitzgerald, Vice Chairman, First Bank, is the only candidate for the one vacancy; District 3 since incumbent James Genoy, President, CEO and Treasurer, Monroe Savings Bank, SLA, is the only candidate for the one vacancy; and Class E since incumbents Thomas J. Holt, Senior Vice President, Bank of America, D. Nicholas Miceli, Market President, TD Bank, and Michael Nardo, EVP/NE U.S. Market Executive-Corp. Banking,  are the only candidates for the three vacancies. In accordance with the NJBankers by-laws, the Board of Directors will declare these candidates elected at its April 30, 2014 meeting.

If you have any questions regarding the elections, please contact Jim Meredith at 908.272.8500, ext. 614; or jmeredith@njbankers.com).

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Other Industry Meetings
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Upcoming Conferences - Mark Your Calendar
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Director Online Training
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NJBankers Directors and Managing Officers Conference Focused on Realities of Corporate Governance

With boardroom intelligence more important than ever, NJBankers Directors and Managing Officers Conference on March 14th assembled a program of outstanding speakers so bank directors can become a strategic asset for financial institutions.

More than 210 attendees gathered for the NJBankers Directors and Managing Officers Conference on Friday, March 14th. Attendees experienced a timely and relevant program for bank leadership and directors.

John E. McWeeney, Jr., president/CEO NJBankers (left) and NJBankers Chairman Stewart E. McClure Jr., regional president, Lakeland Bank (right), congratulate Malcolm W. Greenough, chairman, Glen Rock Savings Bank, on his 15 years of service to the industry.

Keynote Speaker Jeffrey G. Otteau, president of Otteau Valuation Group, provided an eye-opening Housing Market Update for 2014.

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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

UPDATED HOTEL RESERVATION – We are currently working with the hotel to release rooms to those on the waitlist and are having success.  Please click here or see our website for detailed information on booking rooms.  

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Show Washington that We Are Part of the Solution

Government Relations Summit
March 25 – 26, 2014 
Omni Shoreham Hotel  - Washington, DC

Don’t miss this opportunity to hear from legislators and regulators at the largest gathering of bankers from March 25-26 at the Omni Shoreham Hotel. Bankers from around the country will converge on the nation’s capital to meet with their legislators and federal regulators.

NJBankers offers two scholarships in the amount of $750 each for emerging leaders in banking to attend the American Banker Association’s Government Relations Summit.  Please contact Michael Affuso at
if you are interested in the scholarships and the program.

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2nd Annual Bank G.R.O.W.T.H. Executive Conference with NJBankers and mOSa eBank Marketing Services - April 4

G.R.O.W.T.H. Executive Conference
Friday, April 4, 2014
Pines Manor, Edison, NJ

This second annual conference is designed to help banks adapt and obtain a G.R.O.W.T.H. mindset, to Gain Revenues by Organizational Wins Through High Level Leadership, regardless of the environment surrounding the banking industry today.  There are five major points that will be touched upon during this action packed thought provoking full day program that will help your bank grow. 

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Operations & Technology Forum to Focus on Cyber Security - April 10

Operations & Technology Forum: CYBER SECURITY
Thursday, April 10, 2014
Crowne Plaza Monroe, Monroe Township, NJ

The New Jersey Bankers Association’s Operations & Technology Committee is pleased to announce the latest in a series of interactive forums that will focus exclusively on the growing cyber security threats facing the banking industry. 

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NJBA Service Corp. Solicits Associate Members Interested in Select Service Provider Membership in "Computer Science Services" Category

NJBankers is currently accepting Requests for Proposals (RFPs) from those Associate Member firms dealing with Computer Science Services (Sales, Service, Software).  Those Associate Member firms interested in becoming a Select Service Provider in this category are asked to contact Jenn Zorn at (908) 272-8500 ext. 611 to review the program and membership process no later than March 26, 2014. 

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Advertising Opportunity Available 4/1/14

NJBankers has availability for the banner ad on our bi-monthly Web-Seminars e-Mailing.  The web seminar mailing is electronically distributed to over 6,000 members, associate members and non-member banks and service providers every two weeks.  It includes a summary and Internet links to all upcoming NJBankers web seminar programs – the cost is $500/month.  (Available April 1, 2014)  Contact Jenn Zorn, Director of Education and Business Development, 908-272-8500, ext 611 or jzorn@njbankers.com.

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Magyar Bank Announces Hiring of Raymond Kenwell
Raymond Kenwell, has joined Magyar Bank as department head for the Special Assets Group.  Kenwell is a graduate of Kings College and has over 40 years of banking experience.

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Murawski and Coiley Named Two of the 50 Most Important People in Commercial Real Estate Finance by Mortgage Observer


Valley National Bank is proud to announce that Russell Murawski and Christopher Coiley have been named two of the 50 most important people in Commercial Real Estate finance by Mortgage Observer Magazine. Mortgage Observer is a monthly magazine dedicated to in-depth coverage of the real estate finance industry, and is delivered to the leaders in the commercial real estate finance industry, including lenders, borrowers and mortgage brokers.

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Trainum Named Chief Operating Officer of Sun Home Loans

Sun Home Loans, the residential mortgage division of Sun National Bank, has named Theresa M. Trainum senior vice president and COO.  Trainum will oversee daily operations and team management at Sun Home Loans, leading initiatives across key areas including strategic planning, compliance, finance, customer service, business development and marketing.

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Columbia Bank Foundation Grant Helps Chilton Medical Center's Breast Center

Columbia Bank, through their Columbia Bank Foundation, has presented a $25,000 grant to the Chilton Medical Center Breast Center in Pompton Plains.  The special community grant funded the purchase of a new 3-D Breast Tomosynthesis device, state-of-the-art mammography equipment that is so accurate it can detect up to 30 percent more cancers.

Shown participating in a special presentation are (from left) Thomas Kemly, Columbia Bank’s president and CEO; Michelle Azu, MD; Joan Beloff, Chilton Medical Center Foundation’s chief development officer, and Eric Leuthold, Chilton’s Radiology Manager.

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Highlands State Bank Raises Funds for the American Heart Association

Highlands State Bank recently donated $650 to the American Heart Association as a result of the bank’s annual National Wear Red Day campaign.  Highlands then matched the over $300 raised through the generosity of employees and customers at the bank’s Vernon, Sparta, and Totowa locations, and presented a check to Kristen A. Piccolo, regional director for the American Heart Association/American Stroke Association. 

Highlands State Bank Wear Red Day Coordinator, Teri Walker (left), American Heart Association regional director, Kristen Piccolo (center), and Highlands State Bank President/COO, Steven C. Ackmann (right).

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Oritani Bank Donates to Habitat for Humanity of Bergen County

Oritani Bank held its annual “Habitat House Sale” which generated more than $1,800 in donations that were donated to Habitat for Humanity of Bergen County. Each bank branch sold paper houses in order to raise funds for Habitat for Humanity of Bergen County’s Sandy Restoration Program for Moonachie and Little Ferry. Pictured left to right: Carmela Pascarella, Branch Manager of Oritani Bank in the Township of Washington, Kevin Lynch, president of the OritaniBank Charitable Foundation and chairman, president and CEO of Oritani Bank and Jacey Raimondo, executive director of Habitat of Bergen

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Wells Fargo Funds Anti-Poverty Non-profit in Northern New Jersey Region

Wells Fargo Northeast New Jersey Area President Carlos Arroyo (left to right), Community Development Officer Tomas Porturas, District Manager Chafic Rouhana, and Store Manager Kathleen Zambrano present Robert Halsch, executive director of Greater Bergen Community Action Inc. in Hackensack, NJ, with a $10,000 grant to support its anti-poverty programs.   Greater Bergen Community Action Inc., formerly known as the Bergen County Community Action Partnership (BCCAP), is a not-for-profit organization and a member of the nationwide network of poverty fighting agencies. The 47-year-old nonprofit addresses local poverty issues and advocates for resources to support low-income communities through programs such as early childhood education, financial education, community housing partnerships and neighborhood revitalization planning.

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NJBankers Welcomes New Associate Members

NJBankers is pleased to announce that the following firms have joined the Association. These firms recognize the value of membership in NJBankers and we applaud their support of the New Jersey banking industry.

• Maselli Warren, P.C. – Law firm representing national financial institutions, community banks and loan servicers in loan closing transactions and all areas of commercial litigation, foreclosures, collections and bankruptcy proceedings.
Contact: pwarren@maselliwarren.com

 Merchant e-Solutions, Inc. – Merchant Processor
Contact: BHiggins@merchante-solutions.com

• New Jersey Council for Economic Education – NJCEE focuses on integrating economic and financial literacy into the K-12 curriculum by providing professional development resources and services to New Jersey's teachers.
Contact: acoleman@njeconomics.org

 Western Technologies Group LLC – WTG is the premier provider of flood determinations in the State of New Jersey. We have been providing a superior insured product for over 20 years.
Contact: robert@wtgroupllc.com

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Endorsed Service Provider Allstate Offers First Quarter 2014 Promotion

NJBankers is pleased to offer to our entire membership, the following First Quarter 2014 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. Please click here to download the flyer and a quote* sheet.  If your bank/company would like hard copies, please contact Neil Greco directly at 973-364-8040 or njgreco@allstate.com. *Please note quotes apply to NJ residents only.

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ABA offers material for Participation in Teach Children to Save

Does your bank already provide financial education to your community's youth or are you looking for the tools and resources to do so? Register now for ABA's Teach Children to Save program.

ABA offers everything you need to host a great event, including downloadable planning materials, step-by-step lesson plans, activity sheets, a social media guide, customizable communications tools, a Bankers’ Best Practices webinar, promotional graphics, and more. View all materials.

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Individual Seeks Postion

Operations & Risk Management Executive - senior executive with extensive experience providing operations / risk management for financial service organizations. Successful at designing and implementing risk-based methodologies and internal controls to identify, assess, and mitigate risks across operations. For a copy of the resume, please contact Erin Suckiel at esuckiel@njbankers.com.

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