If this page doesn't display properly in your email, click here. March 4, 2015
New Jersey Bankers Association
Legislative Update
Applications Bulletin
Regulatory Bulletin
Buy-Sell Loans/Participations
Web Seminars
NJBankers 2015 Board of Directors Election Process Underway

Nominating ballots were recently mailed to members in all three geographic districts in the state and to members in Class B, which includes those with assets of $435 million to $1.07 billion. Members are invited to nominate one or two (as applicable) of their peers or themselves to run for election for the NJBankers Board of Directors. The nominating deadline is March 19, 2015 at which time nominees will be asked if they accept the nomination. For those accepting the nomination for contested elections, ballots will be mailed by April 8, 2015 to those members in the district or class. The Credentials Committee is scheduled to meet to count the votes on May 15, 2015 to determine those receiving the most votes and thereby elected. Newly elected or re-elected members will take the oath of office during the Annual Meeting in Nashville and will begin their two year term. Members are eligible to serve two consecutive two-year terms. 

If you have any questions regarding the election process, please contact James Meredith, Corporate Secretary, at 908.272.8500, dial the operator; or email at jmeredith@njbankers.com.

NJBankers in the News

NJBankers serves as the voice of the New Jersey banking industry by maintaining media relations, reaching out to media and monitoring coverage of the industry. John E. McWeeney Jr., president and CEO of NJBankers was featured in a segment on NJTV where he discussed members’ responses to the Associations 2015 Economic Survey; New Jersey’s corporate tax situation; bankruptcies and foreclosures; technological changes affecting the way the public is doing their banking and a look at consolidation in the banking industry. Click here to watch the interview. In addition, NJBankers President/CEO John E. McWeeney, Jr., and Mike Affuso, EVP/director of government relations met with the Editorial Board of The Star Ledger. Joining NJBankers was Chris Martin, chairman/president/CEO of The Provident Bank. Read More

Support Our Industry

This month NJBankers will be attending the upcoming ABA Conferences in Washington DC. The ABA Mutual Community Bank Conference will be held March 22-23 and the ABA Government Relations Summit will be held March 23-25. The Conferences provide an opportunity for bankers to discuss important issues with our members of Congress.  Every year we secure meetings with members of New Jersey’s Congressional delegation. In order to gain a better understanding of Congress and demonstrate to them the economic strength and importance of our industry. This year will be no different.

It is extremely important that New Jersey has a strong demonstration of support.  We know that there will be discussion of issues surrounding regulatory relief, mutuality, taxation, and credit unions. 

Be part of that discussion.  To register click here.

Looking forward to seeing you in DC.




ABA Mutual Community Bank Conference
March 22-23, 2015

ABA Government Relations Summit
March 23 - 25, 2015

Employment Law Update Seminar
April 15, 2015

Accounting Seminar with FMS-NY/NJ
April 20, 2015

Operations & Technology Seminar
April 29, 2015

The 27th Annual Annamae Baerenbach Memorial Lending Conference
June 11, 2015

Sponsorship, Exhibiting
& Advertising Opportunities
Available -
Click Here!

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

IRS Releases Final Reporting Forms and Instructions

The IRS has released final forms and instructions for the ACA employer reporting requirement. Applicable large employers (ALEs, generally those with 50 or more FTEs), and small employers with self-funded group health plans, are required to report certain plan information to the IRS and to provide statements to employees, beginning in 2016 for calendar year 2015 health plan and coverage data. The final forms and instructions are similar to the proposed forms previously released by the IRS, with a few minor modifications. Read More

Senators Seek Real-Life Stories of Regulatory Burden

ABA has been working closely with members of Congress over the past several months to make the case for regulatory relief. While the House passed several measures in the last Congress, little progress was made in the Senate. Read More

Industry News

Agencies Encourage Youth Savings Programs
The financial regulators yesterday issued guidance encouraging depository institutions to develop and implement youth savings programs. The guidance includes frequently asked questions dealing with several aspects of youth finances and bank offerings, including banking activities, the Customer Identification Program and third-party deposit relationships. Read the guidance.

DOBI Issues Bulletin 15-02 – The New Jersey Home Ownership Security Act of 2002 
The New Jersey Department of Banking and Insurance (Department) is issuing this Bulletin in accordance with the New Jersey Home Ownership Security Act of 2002 (the Act), N.J.S.A. 46:10B-22 et seq.

NJBIZ names New Jersey’s Best Places to Work
New Jersey is filled with great places to work, but only 100 can make the NJBIZ list of the Best Places to Work in New Jersey. Congratulations to our following members who made the list of Best Places to Work in New Jersey: Boiling Spring Savings Bank, Balance Point, BDO USA LLP, Crowe Horwath LLP, Gibbons P.C. and WithumSmith+Brown P.C.

Northern New Jersey Community Bankers Announces 2015 Officers
Congratulations to Northern New Jersey Community Bankers 2015 Officers: President, William Taylor, president & CEO of Somerset Savings Bank; 1st Vice President, Steven Ackmann, president & CEO of Highlands State Bank; 2nd Vice President, Thomas J. Kemly, president & CEO of Columbia Bank; Past President, Paul Fitzgerald, vice chairman of First Bank and Executive Director, Brian McAllister, senior vice president, sales/marketing of Financial Services, Inc. 

OCC Updates Guidance on Deposit Account-Based Credit
The OCC has updated the Comptroller’s Handbook guidance on consumer credit offerings related to deposit accounts. The new booklet incorporates recent guidance on overdraft protection and deposit advances and offers information on third-party relationships, due diligence and appropriate capital for deposit-based credit. Download the booklet.

The ABA Presents "Teach Children To Save"
Teach Children to Save (TCTS) is a national program that organizes banker volunteers to help young people develop a savings habit early in life.

*click on article for details

Not too Late to Enter the 2014 Community Service Award Program

Get the recognition you deserve for your community service initiatives.  The Community Service Award program highlights the impact New Jersey banks have on their local communities.  Show us your best!
Read More

NJBankers 111th Annual Conference - Omni Nashville Hotel RESERVATIONS UPDATE

Please note NJBankers host hotel the Omni Nashville Hotel is currently sold out.  More information to follow if waitlists will be made available. 

Read More
Women in Banking Conference

Wednesday, April 22, 2015 - The Palace at Somerset Park, Somerset, NJ

Join us for our fifth annual one-day conference concentrating on the advancement of women in leadership positions.  Successful women managers and leaders from New Jersey financial institutions and affiliated professional groups share their experiences and knowledge with future leaders. Read More

Upcoming NJBankers Conferences - Don't Miss Out on Opportunities for Professional Development!

Directors & Managing Officers Conference – Friday, March 13, 2015
This year, our DMO Conference has a new, fresh format -- perfect for busy executives and directors. Enjoy a plated hot breakfast, a networking reception and an optional luncheon for those who want a head start back to the office.

Compliance University – Wednesday - Friday, March 25 - 27, 2015
The 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, legislation, vendor management, Reg. E, BSA risk rating, HMDA, fair lending risk assessment and many more topics. 

Bank Security Seminar – Tuesday, March 31, 2015
Join us for our Annul Security Seminar revamped.  Your speaker this year will be Barry Thompson, Thompson Consulting. This seminar will help you on attaining your Regulation H requirements as well as your annual security update.

Annual Marketing Conference – Thursday, April 9, 2015
The annual Marketing Conference is sure to appeal to you whether you work full-time in Marketing, Public Relations, Advertising, Retail or Business Development or are asked to wear your “marketing hat” on occasion. New topics this year include innovative ways to provide services across generations; folding a marketing plan into the bank’s strategic plan; millennial behavior and their trust when it comes to advertising; how to best leverage LinkedIn and maximizing new customer relationships. Join us!

G.R.O.W.T.H. Conference – Friday, April 17, 2015
This third 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. 

Eighth Annual Golf Outing to Benefit the Community Food Bank of New Jersey – Monday, April 27, 2015
The New Jersey Bankers Association and the New Jersey Society of CPAs are again co-hosting this eighth annual golf event to help benefit the Community Food Bank of New Jersey. We have an exciting and fun day scheduled with many sponsorship opportunities available!

*click on the conference for details
Sponsorship opportunities available!

Endorsed Service Providers Create Solutions

ABA Insurance Services
Community banks successfully defend against patent troll’s aggressive licensing demands.

American Bankers Association
Get Amped! Amplify, ABA’s new grassroots program, makes it easy for you to spread the word about banks and bankers, and their vital role in your community. Amplify’s website, amplifybankers.com, offers resources to help you tell the story of your bank and your community – and redirect the conversation about the banking industry at the grassroots level. You’ll find key messages, sample speeches and letters, media interview tips, guidelines for using social media – even step-by-step instructions for hosting a bank visit, a groundbreaking or a ribbon-cutting ceremony for a bank-financed project.

Allstate New Jersey Insurance Company
NJBankers is pleased to offer Allstate's 2015 Winter promotion to its membership.

Pension Management Company, Inc.
Join PMC at their Winter/Spring 2015 Workshops. 

Pentegra Retirement Services
Pentegra Retirement Services' Pete Swisher Testified to Department of Labor’s ERISA Advisory Council on Managing Outsourced Fiduciary Responsibility. 

* click on the headline for details
Associate Member News

ACFCS Offers Certification Programs to Financial Industry
NJBankers associate member ACFCS (Association of Certified Financial Crime Specialists) offers a broad array of certification programs to the financial services industry including the Certified Financial Crime Specialist (CFCS) certification. Click here for more details. 

Atlas Systems, Inc.
Register today to join Atlas Systems at their three workshops coming up in March and April.  Workshop topics include Internal Control and fraud prevention, A risk management program that delivers performance and How Enterprise Risk Management, Sustainability and ROI Work Together. Click titles to learn more about the workshop.  

CEIS Review Inc.
With a new year comes a new format to the content which CEIS Review releases. Going forward CEIS Review will be releasing The CEIS Quarterly newsletter for clients and interested parties. Click here to view The CEIS Quarterly - Issue 1, Volume 1.

MTS Software Solutions
MTS Software Presents Thinking Beyond Mobile Banking: 3 Alternative Tech Investments to Streamline Operations, Reduce Paper & Improve Customer Service webinar on April 23, 2015 at 2:00 p.m. In this webinar, 3 alternative technology investments that banks and credit unions can evaluate in order to improve efficiency, better manage documents and data, and ultimately provide a better experience to your customers will be reviewed. View System Requirements ;  Register now!

New Jersey State Bar Association Banking Law Section and New Jersey Bankers Association Present "An Evening with the Commissioner"

**NEW DATE** September 17, 2015
Hyatt Regency, New Brunswick, NJ
Cocktail Hour: 6:00pm (Cash Bar)
Dinner: 7:00pm
Cost: $95 per person 

New Jersey State Bar Association Banking Law Section and New Jersey Bankers Association invite you to  the “An Evening With the Commissioner” featuring Kenneth E. Kobylowski, Commissioner, New Jersey Dept. of Banking and Insurance. Click here for flyer.

Read more

Volunteer Today with Special Olympics New Jersey

Special Olympics New Jersey will be hosting volunteer interest sessions in North, Central and South Jersey. These volunteer interest sessions are designed for individuals who have not volunteered with Special Olympics New Jersey previously. Volunteer opportunities are available in a variety of ways including events, coach, official, and committee. Learn about the Special Olympics New Jersey mission and how you can get involved! Read More

Big Brothers Big Sisters of Monmouth & Middlesex Counties Present Bowl for Kids' Sake

Compete with other local banks to see who can raise the most money and win the BIG Bank Trophy! Awards will also be given for Highest Fundraising Team, Highest Scoring Team and Best Team Spirit. Read More

Candidate Seeking Employment

A student who is currently enrolled in the Rutgers Business School majoring in Finance is seeking a summer internship. Click here to view Resume.

 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