If this page doesn't display properly in your email, click here. January 7, 2015
New Jersey Bankers Association
Legislative Update
Applications Bulletin
Regulatory Bulletin
Buy-Sell Loans/Participations
Web Seminars
2015 Banking Forecast
John E. McWeeney, Jr., President & CEO, New Jersey Bankers Association

New Jersey’s banks will be heading into the New Year with a lot of positive momentum while at the same time facing some lingering and growing challenges. All in all, though, if the national and state economies continue to grow at a moderate pace the expectation is that banks will perform well in 2015. This would continue a trend of modest, but consistent improvement since the Great Recession. Read More

Your New Years Resolution for Reducing Personal Healthcare Expenses - "Think In"
Richard P. Siderko, President & CEO, Bankers Cooperative Group, Inc.

People are paying more of their health care costs these days. It’s no wonder there is a lot of interest in keeping these costs down.  Since many employer plans reset for January 1st, now is a good time to think about controlling your personal healthcare spending budget.   A smart way to do this is to avoid using doctors and hospitals that are “out of network.”  Insurance carriers do not have contracts for reduced rates with an out-of-network doctor or hospital.   So, by using them you could end up with higher costs and more work.  Read More

Commissioner's Symposium Features Discussions on Cybersecurity, New Technology, Federal Regulations and the State Banking Market

New Jersey Department of Banking and Insurance Commissioner Ken Kobylowski told a group of more than 100 bankers and financial industry representatives recently that New Jersey banks are in generally good financial health, but still face many challenges. Read More

Federal Reserve Bank of Philadelphia Updates Community Development Profiles
The Federal Reserve Bank of Philadelphia’s Community Development Studies and Education Department has updated its popular Community Profiles series. Read More
The Provident Bank 2014 Business Barometer Reveals that NJ Business Performance, Optimism and Projected Growth Increased in 2014

New Jersey businesses performed better in 2014 than in 2013 and are more optimistic about the next 12 months, with significant growth expected in 2015, according to survey data released by The Provident Bank. Read More

Bankers Urged to Submit Post-Exam Surveys

One of the top concerns among bank CEOs is inconsistent supervisory expectations and treatment related to examination experience, regulatory interpretation and enforcement, or supervisory guidance. To help address these concerns, ABA and the state bankers associations developed the Regulatory Feedback Initiative. Read More

NJBankers Become a Member of the New Jersey Cybersecurity and Communications Integration Cell

Last month, NJBankers became a member of the New Jersey Cybersecurity and Communications Integration Cell (NJCCIC).  Located at the Regional Operations and Intelligence Center in West Trenton, the NJCCIC is New Jersey’s “one-stop-shop” for all cybersecurity information sharing and reporting.  Read More

Enter the 2014 Community Service Award Program Now

NJBankers is giving 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.  Without your help, we cannot tell our story. Read More




Economic Leadership Forum
January 16, 2015

Advanced IRA w/PMC
January 21-22, 2015 

Bankers State Leadership Day
February 5, 2015
 *Date updated

Advanced IRA w/PMC
March 2-3, 2015

Directors & Managing Officers Conference
March 13, 2015

ABA Government Relations Summit
March 23 - 25, 2015

Compliance University
March 25 - 27, 2015 

Women in Banking Conference
April 22, 2015

Eighth Annual Golf Outing to Benefit Food Bank of New Jersey
April 27, 2015

111th Annual Conference
May 27, 2015

Sponsorship, Exhibiting
& Advertising Opportunities
Available -
Click Here!

Other Industry Meetings
View Other Meetings
Mark Your Calendar
View Upcoming Events

What's New at NJBankers

NJBankers Education Foundation Awards $15,065 for Veteran Education
The Trustees of the New Jersey Bankers Education Foundation awarded $15,065 to assist three organizations in their support of veteran education programs. With these disbursements, the Foundation will have distributed over $116,000 in support of veteran and dependent education programs.

*click on headline for details

Industry News

Bank Of America's Student Leaders® Program
The Bank of America Charitable Foundation’s Student Leaders® Program is accepting applications for the 2015 program.  The Bank is asking for your help to identify outstanding young people who are passionate about making a difference in our community. 

Request for Comments on NPR Concerning FHLB Membership
Members are encouraged to submit comments to the FHFA concerning a revision of regulations governing FHLB membership. Click headline to view NJBankers letter.

New Credit Scoring Tool will Streamline Smaller Loans According to SBA
The SBA has announced a new credit scoring tool to help make small-dollar SBA loans more cost-effective for lenders.

SCORE Helps America's Small Businesses Grow and Prosper
SCORE is a nonprofit association formed in 1964 as a resource partner of the Small Business Administration whose mission is to help aspiring and existing businesses to succeed. 

The Financial Services Talent Network Announces its First Annual Financial Services Industry Week Starting January 12 thru 16th the Talent Network will be hosting state-wide events and activities showcasing New Jersey’s premiere companies/employers and partners.

OCC Updates Comptroller’s Handbook TILA Update
The OCC has updated the Comptroller’s Handbook booklet on the Truth in Lending Act. Replacing guidance from 2010, the new booklet reflects the transfer of TILA rulemaking authority to the CFPB. Download the booklet.

*click on article for details

Economic Leadership Forum is Quickly Approaching!

Friday, January 16, 2015 
The Palace at Somerset Park
Somerset, NJ
The Economic Leadership Forum is Less than 10 Days away! Don't forget to register.
Read More

Upcoming NJBankers Conferences - Don't Miss Out on Opportunities for Professional Development!
Bankers Leadership Day in Trenton - Thursday, February 5, 2015
Save the Date - State and legislative leaders will provide updates on the key legislative issues impacting the New Jersey economy. 

Directors & Managing Officers Conference- Friday, March 13, 2015
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.
Women In Banking Conference - Wednesday, April 22, 2015
Don't miss out on a great event! Keep your eyes open for registration in the new year.  Thank you to our early sponsor Lakeland Bank.

Compliance University 2015 - Wednesday - Friday, March 25 - 27, 2015
Compliance University is a three-day program covering a wide range of intermediate and advanced compliance issues presented by compliance experts with a broad array of experience and knowledge. Attend and get up-to-date information on regulations, legislations and much more!

*click on the conference for details 

Sponsorship opportunities available! 

Endorsed Service Providers Create Solutions

Allstate New Jersey Insurance Company
Allstate's Year End Promotion has come to a close.  Congratulations to the following winners of the Grand Prize drawings: Maria DiGiovanni from First Hope Bank won a Kindle Fire and Stacey Yurchak from Highlands State Bank won a $100 pre paid gift card, Congratulations!

Associate Member News

Nadavon Capital Partners Acquires Accume Partners
Nadavon Capital Partners, a specialty investment holding company with expertise in building and growing banking and financial service providers, announced the acquisition of Accume Partners, a leading provider of internal audit, regulatory compliance, technology and risk management services focused on banking and financial industries.

CSI - Computer Services, Inc.
Be part of CSI's complimentary Webinar series. Learn how the three major shifts impact your financial institution and what steps you can take to be more competitive, compliant and profitable.

KPMG's "Soup and Stories" Campaign to Impact Thousands Of Homeless Children
KPMG Donates 100,000 new books for children in homeless shelters; KPMG and Campbell Soup Company will jointly donate more than 150,000 Cans of Soup.
Riker Danzig Handles Lease for BuzzFeed
Riker Danzig Scherer Hyland & Perretti LLP negotiated one of the biggest leases of the year in Manhattan’s midtown south for client social media giant BuzzFeed, named by Crain’s as one of the “area’s fastest-growing companies.” 

* click on the headline for details

Employer Symposium to Offer Best Practices for Hiring Individuals with Disabilities

Hiring a qualified person with a disability brings benefits beyond just filling a position to meet federal requirements. Attend the Employer Symposium for employer-focused information about benefits, resources and best practices for hiring individuals with disabilities. Read More

The Bulletin Continues to Evolve

NJBankers is continuing to make changes to the Bulletin format to improve readability. Please let us know how you are liking the changes and if you have any suggestions. Contact Erin Suckiel at esuckiel@njbankers.com.

 Bulletin Tools
Search Back Issues
Forward this Issue
Print-Friendly Version
New Jersey Bankers
411 North Avenue East
Cranford, NJ 07016
Phone: (908) 272-8500
Fax: (908) 272-6626
To ensure delivery of the New Jersey Bankers Bulletin, please add "info@njbankers.com" to your email address book or Safe Sender List. If you are still having problems receiving our communications, see our white-listing page for more details: http://www.commpartners.com/website/white-listing.htm

To safely unsubscribe from this group, click here.
Visit NJBankers.com