If this page doesn't display properly in your email, click here. October 1, 2014
New Jersey Bankers Association
Legislative Update
Applications Bulletin
Regulatory Bulletin
Buy-Sell Loans/Participations
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NJBankers Members Urged to Vote for Kevin Cummings and Christopher Martin to Serve on the FHLBNY Board of Directors


The Federal Home Loan Bank of New York (FHLBNY) will shortly be sending election ballots for the 2014 election for directors whose terms will commence January 1, 2015. Ballots are scheduled to be mailed to eligible stockholders on Friday, October 3, 2014 and must be returned at the FHLB-NY by 5:00 p.m. on November 3, 2014.

Included among the five seats on the Board whose terms are to commence on January 1, 2015 are two New Jersey Member Directorships. Under a process to name recommended candidates earlier this year, the NJBankers Board of Directors recommends all eligible NJBankers members cast their votes for incumbent Kevin Cummings, president & CEO, Investors Bank; and Christopher Martin, chairman, president & CEO, Provident Bank.

For further information on the election process, please contact FHLBNY General Counsel Paul Friend at generalcounsel@fhlbny.com or by telephone at 212-441-6822; or NJBankers President John E. McWeeney, Jr. at jmcweeney@njbankers.com or by telephone at 908-272-8500, ext 627.

Reflecting National Trends, FDIC Summary of Deposits Report Shows a New Jersey Decrease in Branches and Increase in Deposits

The recently released FDIC’s Summary of Deposits report shows that as of June 30, 2014, there were 3,171 branches in New Jersey down 2.2% (70) from the June 30, 2013 total. Meanwhile, deposits in the state for the same period increased by 3.62% from $276.3 billion to $286.3 billion. The number of banking institutions in the state decreased from 158 to 148.

Nationwide, there were 94,715 branches, down 1.7% (1,614) from the prior year.

Horn Named Best Lawyers' Newark "Lawyer of the Year"

Michael M. Horn has been named Best Lawyers’ Newark “Lawyer of the Year” in Litigation – Banking and Finance in The Best Lawyers in America 2015 referral guide, his second year in a row receiving the award and his third since 2010. Horn represents financial institutions and corporations in regulatory, corporate governance and litigation matters and is counsel to NJBankers on corporate matters.

Attorneys named to The Best Lawyers in America are chosen as a result of peer-review surveys in which lawyers confidentially evaluate their professional peers based on more than three million detailed evaluations of lawyers in the same and related specialties. Only one lawyer in each practice area in a given community is named “Lawyer of the Year.”

Horn has also been recognized as a New Jersey Super Lawyer since 2006, and has been listed in The Best lawyers in America since 2010.

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NJBankers Supports FoodBank of Monmouth and Ocean Counties

NJBankers is the proud partner with the FoodBank of Monmouth and Ocean Counties in providing food assistance to families in need.   Over the past seven years, NJBankers has partnered with the FoodBank and the generosity of our members has provided over $75,000 in support to the FoodBank.   This support translates into 225,000 meals, the vast majority going to children.   To put that into perspective, we have fed over 600 children for an entire year.

Last week, NJBankers’ members were sponsors of The Culinary Classic.  The Culinary Classic is The First, The Biggest and The Best tasting event at the Jersey Shore.  Over 45 of the Jersey Shore’s culinary legends created an epicurean’s delight of food, wine, drinks and desserts.  Nearly 1000 people attended the event at Doolan’s in Spring Lake Heights, NJ.  The goal of the event was to raise funds that will help provide emergency food and services to over 127,000 people in our local communities.

We thank the following NJBankers’ members for their support: 
Amboy Bank
Atlantic Stewardship Bank
Bankers Cooperative Group, Inc.
Clifton Savings Bank
Freehold Savings Bank
Fulton Bank of New Jersey
Harmony Bank
Kearny Federal Savings Bank
Lakeland Bank
Manasquan Savings Bank
New Jersey Bankers Association
NJBA Service Corporation
Northfield Bank
PNC Bank, N.A.
Riker Danzig Scherer Hyland & Perretti LLP
Sun National Bank
TD Bank, N.A.
The Provident Bank
Valley National Bank

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.

  • DoughMain
  • Drexel Hamilton
  • EDM Americas
  • Freedom Mortgage Corporation
  • Mosteller Associates
  • New England College of Business
  • PFM Group
  • Stone Castle

Read More

Enterprise Risk Management Conference Focuses on Risk Appetite and Role of CRO and ISO

Enterprise Risk Management Conference
Monday, October 6, 2014
Pines Manor, Edison
3 CPE Credits Will Apply

Join NJBankers for our 3rd Annual Enterprise Risk Management Conference.

This program is designed for CEOs, CFOs, Compliance Officers, Risk Managers and other Senior Bank Managers.

The program will include topics such as:

Risk Appetite Statement and Link to Strategy
• Is a risk appetite statement necessary?
• Key points for developing a risk appetite statement
• Impact on strategic plan and future growth of the bank

Role of a Chief Risk Officer
• Responsibilities
• Reporting line
• Role in organization

Lessons Learned
• How to implement ERM

Role of an Information Security Officer
• When does a bank need one?
• What are their responsibilities?

NJBankers would like to thank our Event Sponsors: Continuity Centers
                                                                                          Hudson City Savings Bank
                                                                                          P&G Associates

                                                                                          S.R. Snodgrass, A.C.

Sponsorship Information:  This event is a great opportunity for service providers to gain exposure to these influential attendees and demonstrate their support for our industry. Contact: Jenn Zorn, Vice President/Director of Education and Business Development at jzorn@njbankers.com or 908-272-8500, ext. 611.

Click Here for program and registration information

Operations & Technology Vendor Management - Roundtable

Operations & Technology Vendor Management - Roundtable
Tuesday, October 7, 2014
Crowne Plaza Monroe, Monroe Township

The New Jersey Bankers Association’s Operations & Technology Committee is pleased to announce the latest in a series of interactive roundtable programs that will focus on vendor management. With increased outsourcing and heightened regulatory concern, financial institutions of all sizes must have a strong vendor management system in place. The ability of a financial institution to effectively select and manage vendors is directly related to the safety and soundness of the institution. Additionally, financial institutions may be held responsible for the actions of the companies with which they contract and must have an effective process for managing the risks of service provider relationships.

Topics will include:
• Vendor Management Regulatory Guidance Overview
• Assessing a Vendors Level Risk
• Managing Vendor Relationships through Contractual Terms
• Tools for Managing Continued Oversight

NJBankers would like to thank our Event Sponsors:
Atlas Advisory Group, LLC
Continuity Centers
Domain Computer Services
EDM Americas
IThreat Cyber Group
Praxis Data Systems
Strohl Risk Solutions
Western Technologies Group, LLC

Click Here for program and registration information

Annual Human Resources Conference

"Human Resources in the Bank"
Thursday - Friday, October 16 - 17, 2014
Caesar’s Resort & Spa, Atlantic City
CLE/CPE&HRCI Credits My Apply

Join your colleagues and peers for two days of educational sessions and networking as the New Jersey Bankers Association once again presents the Annual Human Resources Conference.

Your program will begin at 8:00 a.m. on Thursday morning and includes a full day program including lunch and such topics as: The Culture within your Organization; Incentive Compensation; Rutger's University Grant Program; Recruitment & Retention and much more! The day will adjourn at 4:30 p.m. followed by a networking reception and dinner with conference attendees.
Friday morning will be dedicated to Employment Law & BYOD (Bring Your Own Device), followed by a break and other topic sessions.

* Culture within your Organization
* Incentive Compensation
* Rutgers University Grant Program
*Recruitment & Retention

* Employment Law Update
* BYOD (Bring Your Own Device)
* Social Media
* HR as Internal Consultants – Getting Your Expertise Used
*Being Indispensable – 5 Key Strategies to Quickly Becoming an MVP in your Company
Thank you to our Sponsors: Allstate New Jersey Insurance Company
                                                 Data Access, Inc.
                                                 Delta Dental Plan of New Jersey
                                                 Financial Services Talent Network
                                                 Lakeland Bank
                                                 Meyer-Chatfield Corp.
                                                 Peapack-Gladstone Bank
                                                 P.S. White Associates, Inc.
                                                 The Ayers Group
                                                 Vision Service Plan

Sponsorship Information:  Please contact Jenn Zorn, VP/Director of Education and Business Development at jzorn@njbankers.com or 908-272-8500, ext. 611.

Click Here for program and registration information

CFO Conference w/ FMS

CFO Conference w/ FMS - NEW
Friday, November 14, 2014
Renaissance Woodbridge Hotel, Iselin
2 CPE Credits and 1 CLE Credit will apply

Join NJBankers and FMS for our half-day CFO Conference. This program is designed for CEOs, CFOs and other c-level and senior bank managers.

The conference kicks off with an Economic Update presentation by Dr. William Dunkelberg from the National Federation of Independent Businesses, followed by Jeffrey P. Marsico, of The Kafafian Group, Inc., who will provide a New Jersey Banking Industry Update. A presentation on Internal Audit Controls by P& G Associates will follow the morning break. "Changes in Account for Tax Losses" with Barry M. Pelagatti, BDO USA LLP will follow as well as a presentation on Interest Rate Risks.  Your conference will conclude with a networking luncheon.

Thank you to our sponsors:


McGladrey, LLP

Peapack-Gladstone Bank

Sponsorship Information:  Please contact Jenn Zorn, VP/Director of Education and Business Development at jzorn@njbankers.com or 908-272-8500, ext. 611.

Click here for program and registration

Joint Mortgage Lending Conference in Conjunction with Mortgage Bankers Association

Joint Mortgage Lending Conference - NEW
Wednesday, November 19, 2014
Crowne Plaza Monroe, Monroe Twp.
3 CPE Credits Available & 2 CLE Credits May Apply

The New Jersey Bankers Association and the Mortgage Bankers Association of New Jersey have joined together once again to present the 2014 Joint Mortgage Lending Conference.

This one-day event is a must in order to keep current and hear the latest information about mortgage trends. The morning kicks off with a panel discussion designed to update attendees on the CFPB followed by remarks from New Jersey Department of Banking & Insurance Commissioner Kenneth E. Kobylowski. The morning session ends with a legal update. Wrapping up the afternoon will be our luncheon keynote speaker Dr. Lawrence Yun, of the National Association of Realtors and a panel discussing 203k, Home Style and Home Path Loans.

In addition to the educational sessions, leading industry service providers will exhibit their latest products and services, allowing for an excellent opportunity to discover solutions which will support your efforts. The Conference is also an excellent opportunity to network with your peers from across the state!

Exhibitor Opportunities - The Joint Mortgage Planning Committee, NJBankers  and Mortgage Bankers Association of New Jersey appreciate all exhibitor and sponsor support of our educational programs.  Please see the following link below for opportunities to reach potential clients and solidify relationships with existing clients at our 2014 conference. 

Sponsorship Opportunities - Are available and increase your visibility to mortgage lenders. We appreciate sponsor support of this timely and well attended event.  Sponsors receive the following benefits:

• Recognition from the podium during the Conference
• Recognition in the Conference program
• Recognition with name badge ribbon during the Conference
•  Recognition with signage at the Conference

Thank you to our Sponsors: Federal Home Loan Bank of New York
                                                 Freedom Mortgage Corporation
                                                 Residential Home Funding Corporation

This event is a great opportunity for service providers to gain exposure to influential attendees and demonstrate their support for our industry. Contact: Jenn Zorn, Vice President/Director of Education and Business Development at jzorn@njbankers.com or 908-272-8500, ext. 611.

Click here for program and registration information

Directors College with the FDIC

Directors College-NEW
Friday, November 21, 2014
Crowne Plaza Monroe, Monroe Township
CPE & CLE Credits May Apply

The New Jersey Bankers Association, in partnership with the Federal Deposit Insurance Corporation, is pleased to present a Directors College training program for the directors of financial institutions located in New Jersey. 

The Directors College is an interactive, one-day seminar that provides ongoing education to bank directors on current topics and various elements of bank supervision. It is designed to help directors, both new and experienced, stay abreast of the ever-changing regulatory and economic environment. Now more than ever, directors are under constant pressure to remain current in their knowledge of the banking industry and the segment their institution serves. There must also be a basic understanding of what issues are currently impacting their institution's financial performance and competitive environment.

The program includes a general session on current topics effecting community banks, a luncheon presentation on economic and banking conditions, as well as three breakout sessions facilitated by FDIC representatives.  Participants will choose the breakout session that they would like to attend, and every effort will be made to give participants their first and second choices.
Breakout Session Options:

• A Loan Analysis Case Study
• Bank Secrecy Act/Anti-Money Laundering
• Consumer Protection 2014:  What You Need to Know
• Emerging Technology
• Market Risk – The Ripple Effect
• Risk Management Red Flags

Please see the attached forms for full program details and registration information.

Attendance is limited to the first 100 registrants....register early!

Click Here for program and registration information

BankHorizons 2014 Presented By NJBankers and The Warren Group

Wednesday, December 3, 2014
Tropicana Casino & Resort Hotel, Atlantic City

5 Reasons to Register for BankHorizons Right Now!

Mark your calendar - BankHorizons 2014 will be held on December 3 at the Tropicana Casino & Resort Hotel! This is a "can't miss" opportunity for banking professionals, managers and executives who work in operations, business development, marketing, compliance, technology, core processing and lending.

Here are 5 reasons why you should secure your spot right now:

1. Over 10 educational seminars covering topics from compliance, to marketing, and much more.

2. The exhibit hall will be open all day, featuring cutting-edge exhibits, complimentary buffet lunch and various raffle entries for you to enter!

3. Try out the latest products and technology designed to help you keep up with the change.

4. Spend a day out of the office and return as the office hero with knowledge and new insights to share.

5. Network and catch up with your peers and other C-level banking executives.

Sponsor and exhibitor opportunities are available. For more information, go to www.bankhorizons.com.

Thank you to our Sponsors:


Wolf & Company, PC


All Covered, a division of Konica Minolta Business Services U.S.A., Inc.
CEIS Review, Inc.
Financial Services, Inc.
McGladrey LLP
Strunk & Associates, LP

Save the Date for New Jersey's Most Important Economic Conference

Economic Leadership Forum
Friday, January 16, 2015
8:00 a.m. - 2:00 p.m.
The Palace at Somerset Park, Somerset

We all have busy schedules and remembering specific dates can sometimes fall to the back burner. But, there are a few days throughout the year that are so exciting, we can't forget: birthdays, vacations, holidays, and the New Jersey Bankers Association's annual Economic Leadership Forum.

With a dynamic and impressive roster of presenters touching on New Jersey's most important business sectors, the Economic Leadership Forum is the most far-reaching conference on the issues that shape the state.

Here's your chance to be part of this critical initiative. Join us Friday, January 16, 2015, as the state's most influential organizations and leaders come together for an in-depth look at the region's financial future. With keynote presentations from some of the most prominent minds to panels and discussion forums that drill down to industry-specific details the Economic Leadership Forum is the bellwether of the Garden State's prosperity.

We're planning a great lineup for the 2015 Economic Leadership Forum. This year we have confirmed:

Stephen Moore, Chief Economist, The Heritage Foundation

Scott O'Neil, CEO of The New Jersey Devils, Philadelphia 76ers and The Prudential Center

James W. Hughes, Ph.D., Dean, Edward J. Bloustein School of Planning and Public Policy, Rutgers, The State University of New Jersey

Donald Musso, President & CEO, FinPro, Inc.

Brian Moynihan, CEO, Bank of America

Thank you to our Sponsors: Aetna, Inc.
                                                 Bank of America
                                                 Crowe Horwath, LLP

To learn more about participating in the Economic Leadership Forum visit www.njeconomicforum.com or John McWeeney, president & CEO of NJBankers at  jmcweeney@njbankers.com

Congratulations Conference Prize Winners!

Congratulations to James Hughes, Unity Bank and Dan Tower, Regal Bank winners of the $250 cash prize drawings sponsored by the ICBA Network Services during the 2014 Annual Senior Management Conference, held at the Stockton Seaview Hotel and Golf Club.

Members Take on NJBankers ALS "Ice Bucket Challenge"

Responding to a national fund raising appeal, and a challenge by NJBankers, bank members were recently doused with buckets of ice water to help raise awareness for amyotrophic lateral sclerosis (ALS), also known as Lou Gehrig's Disease. 

To commemorate this special event, member banks have made donations to the ALS charity. The latest member to take the challenge was Bogota Savings Bank.

The NVE Bank video can be viewed on YouTube - click here


Yolanda Jaco of BCB Community Bank Receives the Bayonne Hispanic Business Woman of the Year Award

Yolanda Jaco, (center), received the Bayonne Hispanic Business Woman of the Year award. Pictured along with Yolanda on her left is Donna Walsh, head of Branch Administration for BCB and on her right Catherine Laszkow, business development coordinator for BCB.

Century Savings Bank Appoints Peter Bertram to Board of Directors

Century Savings Bank announced the appointment of Peter Bertram to the bank’s Board of Directors.

Peter Bertram joined Century Savings Bank in May of 2007 as vice president of commercial lending and after demonstrating his diligence to the organization, was later promoted to senior vice president in February of 2013.  Bertram now broadens Century Savings Bank’s Board, well-versed in Century’s operational strategy and equipped with extensive industry knowledge and significant lending expertise. 

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Highlands Bancorp, Inc. and Highlands State Bank Announces Retirement of George E. Irwin

The Boards of Directors of Highlands Bancorp, Inc. and its subsidiary Highlands State Bank announced the retirement of President and CEO, George E. Irwin as of October 3, 2014. Simultaneously Irwin was elected by the Boards of Directors as Chairman of Highlands Bancorp, Inc. and of Highlands State Bank. In his new role, he will continue to provide his counsel on governance and strategic issues for the Company and the Bank.

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Patel Joins The Provident Bank as Business Development Officer

Sangita Patel has been named business development officer for Mercer, Middlesex, and Somerset Counties.  Patel will be responsible for development of commercial and retail service prospects, cultivating new relationships and transitioning newly acquired customers with their local branch management team. 

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Regal Bank CFO Daniel M. Tower Honored By NJBIZ Tower among top financial executives nominated for CFO of the Year

Daniel M. Tower, executive vice president and chief financial officer for Regal Bank, has been named one of five finalists in the category of “Private Company with revenues up to $25M” in the 2014 NJBIZ CFO of the Year awards program.

The CFO of the Year awards program celebrates New Jersey’s financial executives at all levels who contribute to the success of New Jersey’s economic growth and stability.  Finalists were chosen by an independent panel of judges.

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Christian Hyek Named Senior Managing Director for Corporate Banking and Healthcare in TD Equipment Finance in Cherry Hill, NJ

TD Bank has named Christian S. Hyek as senior managing director of Corporate Banking and Healthcare in TD Equipment Finance in Cherry Hill, NJ He is responsible for expanding equipment finance opportunities in the large corporate and healthcare commercial segments.

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Japanese Bankers Visit Atlantic Stewardship Bank

On Monday, September 15, 2014 a twenty-two member Japanese community banking delegation visited the Atlantic Stewardship Bank in Wyckoff. The purpose of the visit was to learn about best practices and trends in community banking. Topics of discussion included strategies/policies to integrate and connect with the local community, methods to successfully compete against and differentiate from national bank competitors in the region, Atlantic Stewardship Bank’s unique tithing program, innovative and unique products and services and exceptional personal, customer service.

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Japanese Bankers Planning Visit in November

Fifteen bankers from Japan are coming to the New York area and are looking to meet with banks in New Jersey in order to compare the Japanese business model to the model used by banks in the U.S. Several members have hosted the bankers finding it rewarding and a good public relations opportunity. It is also a great opportunity for team building. The visits take about one hour and provide good will among bankers who learn about each other’s similarities and differences.

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Columbia Bank "Teams Up" With Eva's Village Hot Meal Program

This volunteer crew of Columbia Bank employees recently teamed up with Eva’s Village in Paterson to help feed poor and homeless individuals within the greater Paterson area.  Throughout their lunchtime shift, the Columbia volunteers served over 400 hot meals.

Mariner's Bank Returns as Official Sponsor of Dumont Day Extravaganza to Huge Success

For the 7th year in a row, Mariner’s Bank proudly returned as the main sponsor of the annual Dumont Day festivities and concert held at Memorial Park.  The full day event featured a range of activities for the entire family, from free food, face painting, cotton candy and kid’s rides, to great giveaways and raffle prizes for adults.

Pictured are the Dumont Branch staff, with John Perkins, Borough of Dumont Administrator.

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Peapack-Gladstone Bank Supports the VNA Fall Rummage Sale

Seasons come and seasons go, but as the autumn leaves begin to turn, we are reminded it’s that time of year again – time for the renowned Visiting Nurse Association of Somerset Hills Fall Rummage Sale.  This biannual event is a major fundraiser for the VNA supporting many of its programs from home health, to hospice care, to wellness services for local individuals and families in need.

 Peapack-Gladstone Bank employees assist the VNA of Somerset Hills in preparation for their Fall Rummage Sale.  Pictured L to R (front):  Rosanne Schwab, Bridgewater; Susan Smith, Randolph; Kathy Beisley, Bedminster; Ilene Gerber, Warren; Heather Hendry, Mount Olive; (rear) Abbie Zola, Washington; Cathy Ignall, Kendall Park; Diane Makoujy, Totowa; Denise Pace-Sanders, Branchburg; David Nunez, Long Valley.

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Reeves' Shows His Antique Car Collection

Gerald Reeves’, president and CEO, Sturdy Savings Bank, 1915 Model T Ford will be 100 years old next year. The car is just one of the 11 antique vehicles Reeves has collected and restored over the years, but it’s his personal favorite. It’s also the first car that he had a hand in acquiring with his father, who helped instill in him a love for antique vehicles.

Click here to view full article

Unity Bank Awards $16,000 in Prizes To Small Business That Dared to Dream Big

Middlesex resident Melanie Dare dared to “Dream Big” in the Unity Bank Small Business Dreams BIG Contest and the owner of Salon Dare in Hillsborough has earned the $10,000 grand prize to help expand her business. Four other finalists in the contest received $1,500 each to support their business.
Unity Bank launched the contest in April. The five finalists, selected through a combination of social media voting and the scoring of essay questions, had free videos created and placed on
www.unitybank.com where voting took place for the winner.

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Endorsed Service Provider BITS, LLC Team Participates in the 2014 Bankers Build

BITS, LLC joined in the Bankers Build initiative to help repairhomes damaged during Superstorm Sandy. The BITS team assisted in the rebuilding of a Neptune home that was damaged by Sandy.

Endorsed Service Provider Senior Housing Crime Prevention Presents An Easy Way to Earn CRA Credit By Combatting Elder Abuse Webinar

Thursday, November 13, 2014
11:00 AM - 12:00 PM

Each year hundreds of thousands of seniors are abused, neglected, and exploited because they are often frail, vulnerable and cannot help themselves so they trust others to meet their most basic needs.  When that trust is broken, it is a significant cause of injury and illness throwing millions of seniors into isolation and despair.  The Senior Housing Crime Prevention Foundation provides the nationally-acclaimed Senior Crimestoppers program to protect these vulnerable, low-to-moderate income citizens and is the only initiative, public or private, which is having a measurable impact on the epidemic of crime and abuse in America’s low and moderate income nursing homes and Veterans homes. Funding for this program comes exclusively from the banking industry and can serve as an easy way for your bank to earn valuable CRA loan, investment and service test credit while protecting society’s most vulnerable – our elderly.

Program Benefits Include:
•     Guaranteed CRA credit
•     No credit risk or exposure on any dollars for loans, investments or grants
•     Bank makes all decisions by selecting funding option, securities and CRA assessment areas
•     No overhead commitments or administrative burden
•     Many opportunities for positive publicity in the community
•     Recognition for providing additional increased quality of life programs for seniors to enjoy

NJBankers members support Senior Housing Crime Prevention's new Preventing Elder Financial Abuse video.
"What a wonderful presentation the Foundation has provided for us to present in our community.   Community Bank of Bergen County has presented the Preventing Elder Financial Abuse Video several times and it is a wonderful tool.  It is a joy to see the faces of the seniors as they watch the video and then have them ask questions afterwards. It is a great feeling knowing that you are helping them, and they are thankful that we are passionate about the topic and are there to help educate them." - Carole Feeney, Asst. Vice President , Marketing Director / CRA Officer, Community Bank of Bergen County, NJ

Click here for full flyer

Click here to register

Deluxe Presents the Deluxe Exchange at The Phoenician in Scottsdale, Arizona

Deluxe will be hosting the Deluxe Exchange at The Phoenician in Scottsdale, Arizona. At this event, bank and credit union executives will network with peers, gain insights on how to impact their financial year in 2015 and join the conversation about the most critical issues facing their institution. DX15 is a one-of-a-kind event in the financial services industry, so don’t miss out. Keynote speakers will be renowned statistician Nate Silver and Sheila Bair, financial expert and former Chair of the FDIC. Their invaluable insights are just the beginning.

 Visit the speakers page and agenda page to see what the next Deluxe Exchange has to offer.

Keynote Speaker Page: http://grow.deluxe.com/ew0NHZ01000TER0r10ADl0M

Back to School with Endorsed Service Provider EverFi

As the new school year has started, NJBankers is proud to once again team up with our endorsed financial literacy partner, EverFi, to help New Jersey banks bring one-of-a-kind financial education to schools in your footprint.

EverFi’s mission is to help banks lead the path forward to a better financial future for young Americans. Your bank can fully private-label their technology allowing you to maximize brand exposure with students and their parents – and become a trusted source of quality financial education for the communities you serve.

Engage with Students Like Never Before
This summer, the EverFi platform got a major refresh, with an updated look and feel.
• New topic areas relevant to today’s teens including identity protection and online banking.
• The mobile and tablet-friendly learning platform brings financial topics to life in vivid detail.

Take a tour of the new learning experience 

The EverFi Education Network has grown to more than 8,000 schools in all 50 states. The company’s on-the-ground activation team will handle every detail of program implementation and will provide you with valuable data on program reach.

To lock in the schools in your footprint, please contact Ryan Swift, Vice President/Business Development, EverFi at ryan@everfi.com or 202-251-2400.  For more information you may also contact Jenn Zorn, Vice President/Director of Education/Business Development, NJBankers at jzorn@njbankers.com or 908-272-8500 ext. 611.

2014 Social Media and Banking Study Done by Endorsed Service Provider mOsa

As the only company in the banking industry solely dedicated to social media, mOSa Marketing conducted The 2014 Social Media and Banking Study to better understand how banks and their customers use social media. The study provides insights into what banks are currently offering and what their customers are looking for in terms of social media. We are pleased to share the results.

Survey: Bank Customers Embracing Mobile Deposit

Mobile remote deposits have emerged as an increasingly popular banking service, with more than one in eight Americans depositing a check using a mobile device within the past year, according to a recent survey by the American Bankers Association.  Of those who have used mobile deposit, 80 percent report using it regularly—at least once per month.  

“Convenience and saving time are paramount for today’s consumer, so it is no surprise that mobile deposit is gaining traction with banks and their customers,” said Nessa Feddis, ABA’s senior vice president and deputy chief counsel for Consumer Protection and Payments.  “It doesn’t get much easier than depositing a check with the simple snap of a photo.”

The annual survey of 1,000 U.S. adults was conducted for ABA by Ipsos Public Affairs, an independent market research firm, Aug. 7-12, 2014.  This is the first year the question was asked as part of ABA’s annual survey.

Thirteen percent of consumers replied “yes” when asked “In the past twelve months, have you deposited a check into your bank account by taking a picture of the check with your mobile device?” (85 percent said they have not, while 2 percent were unsure).  Those who responded yes provided the following responses when asked “How often?”:
• Once per month – 46 percent
• Twice per month – 23 percent
• Three or more times per month – 11 percent
• Less than once per month – 19 percent
• Unsure – 1 percent

“Many of those who use this product do so regularly, which speaks volumes about the value it provides,” said Feddis.  “As mobile deposit becomes more widely available and people become more comfortable with the technology, we expect its popularity to continue to grow.”

About the Survey
These are some of the findings of an Ipsos poll conducted August 7-12, 2014. For the survey, a national sample of 1,000 adults aged 18 and older were interviewed by telephone. Weighting was employed to balance demographics and ensure that the sample's composition reflects that of the universe. A survey with an unweighted probability sample of this size and a 100% response rate would have an estimated margin of error of +/- 3.1 percentage points 19 times out of 20 of what the results would have been if the entire population of adults aged 18 and older in the United States had been polled. All sample surveys and polls may be subject to other sources of error, including, but not limited to coverage error, and measurement error.

Riker Danzig Presents Back to the Basics: Title Insurance for Lenders Seminar

Thursday, October 16, 2014
8:00 a.m. - Registration and Continental Breakfast
8:30 a.m. - 10:00 a.m. - Program
Held at: Riker Danzig's Trenton office
50 West State Street, Suite 1010
Trenton, NJ 08608
The landscape continues to change for professionals entrusted with interpreting title insurance policies and navigating the claims process.  Riker Danzig’s professionals will provide updates and insights from our depth of experience and expertise in title and real estate matters, including:   

• Covered risks
• Exclusions from Coverage
• Basic Conditions and Stipulations
• Key Endorsements to a Basic Title Policy
• The Claims Process

Seasoned professionals in our Title Insurance Group – Michael O’Donnell and Vince Sharkey –  will discuss these subjects and provide ample time for interaction and questions.

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Residential Home Funding Foundation's Charitable Golf Outing & Dinner

With the fall comes Associate Member Residential Home Funding Foundation’s annual charitable golf outing! The event is always great fun, with a BBQ to start off the day, golf into the late afternoon, followed by a delicious dinner with raffles!

This year the event will take place on Thursday, October 9th, at the Newton Country Club.

The Residential Home Funding Foundation is committed to enhancing the healing environment for children with acute medical issues. Our goal is to fund programs that make hospital stays less frightening and more enriching for a child.

This fall the proceeds from the Residential Home Funding golf outing will go to St. Joseph’s Hospital in Wayne, NJ and Newton Memorial Hospital in Newton, NJ.

So gather a foresome and contact Dana Kyriakou at dkyriakou@rhfunding.com to reserve your spot today!

Computer Services, Inc. Presents Social Media & Compliance: What Bank Communicators and Compliance Personnel Need to Know Webinar

Social Media & Compliance: What Bank Communicators and Compliance Personnel Need to Know Webinar

Wednesday, September 24, 2014
3:00 p.m. - 4:00 p.m.

Featuring speakers Amber Goodrich, Compliance Strategist and Lee Thomas, Customer Experience Manager

Is there anyone left who isn't engaged in some form of social media? It is obviously no longer a fad, or only used by younger generations. Social media has captured the attention of the masses. Every demographic, even difficult-to-reach ones like adult males, are conversing somewhere in this realm. The vast majority of consumers are now "social" and that is why financial institutions need to consider being social too. Facebook messages, tweets, blog posts, text messages, video ... in this webinar, we'll explore all sides of the evolving customer communication puzzle and ensure that your bank is communicating effectively—and complying—through social media channels.

Click here to Register

Choose New Jersey Presents Growing the Garden State Rocking Reception 2014

Trump National Golf Club
October 9, 2014
5:00 p.m. - 9:00 p.m.
Bedminster, NJ

You're invited to join Choose New Jersey on Thursday, October 9 at Trump National Golf Club in Bedminster Township, NJ from 5:00 p.m. - 9:00 pm. Tickets are still available and may be purchased online at www.choosenj.com/rockstars

Click here for sponsorships

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Junior Achievement of New Jersey Call-To-Action for Volunteer Role Models

Junior Achievement of New Jersey is Seeking 12 teams of two volunteers from New Jersey’s Banking Community to come together to bring Junior Achievement’s financial literacy-based programs to life in grades K-5
Veteran’s Memorial Family School, Camden, NJ on October 14, 2014 from 8:00 AM−1:30 PM.

Seeking 22 teams of two volunteers from New Jersey’s Banking Community to come together to bring Junior Achievement’s financial literacy-based programs to life in grades K-4
Robbins Elementary School, Trenton, NJ on November 19, 2014 from 8:00 AM−1:30 PM.

Junior Achievement’s 21st century-learning programs are a no-cost educational solution for our state’s schools helping students to meet state standards. Donations are welcome to help fund these projects.
*1-hour training on-line or in-person at your offices required

Who’s in?

Michael Troutman
Program Manager

Junior Achievement: empowering young people to own their economic success

NJ Bank Marketing Association Presents "What Bank Marketers Should Know About Direct Marketing"

New Jersey Bank Marketing Seminar
Thursday, October 2, 2014
8:30 a.m. - 11:30 a.m.
Holiday Inn, Clark, NJ 
$70 at the Door

Learn about how Direct Marketing can generate leads that convert to sales. Our direct mail and digital marketing experts will take you through the steps of defining segments, targeting prospects, creating messages that get results and how to measure results. Once the leads come in, learn about Lead Nurturing or effective ways to convert leads into sales.

Register by Phone/Fax:
Call Gerry at 908-419-1127
or fax to 732-264-1089

Click here for registration information

New York State Society of Certified Public Accountants Presents Global Money Laundering Seminar

Global Money Laundering: Sanctions, Risks, and Practice Opportunities
October 23, 2014
FAE Learning Center - New York City
Also Available via Live Webcast

CPE Credits: 8
CLE Credits (pending) for In-Person Only: 7

More than a dozen prominent speakers from leading financial institutions, CPA firms, and Government Offices will be on hand to share insight on what CPAs need to know in the fight against financial crimes. Get your questions answered by the experts in this field.

Click here for more Information 

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