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New Jersey Bankers Association
Legislative Update
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Regulatory Bulletin
Buy-Sell Loans/Participations
Web Seminars
Economic Leadership Forum Draws More Than 500 Attendees

The NJBankers Economic Leadership Forum on Friday, January 15, 2016 at The Palace at Somerset Park in Somerset, drew more than 500 attendees. The Forum was a huge success boasting an impressive lineup of guest speakers and panelists. The Forum was also covered by the media. Read More & Photos

NJBankers in the News

Dudley's Remarks at the Economic Forum
Dudley addressed the U.S. Economic Outlook and Implications for Monetary Policy.

McWeeney Gives Tips on Gaining Access to Capital NJBIA Webinar
Join the New Jersey Bankers Association President & CEO John McWeeney, Jr. as he gives tips for you to get access to capital to grow your business.

McWeeney Quoted in NorthJersey.com "Lending Club open to NJ investors"

Lending Club is now open to those New Jersey investors who have enough of an appetite to invest in loans to strangers who reach out on the Internet for financing.

NJBIZ: Boomers', Millennials' Health Needs are Shaping the Health Care Landscape, Providers say at NJBankers Economic Leadership Forum
The needs of the baby boomer and millennial generations are driving the changes in health care delivery around the state. Less time spent in a hospital, lower costs of care, more use of technology and creating a one-stop shop at each medical facility through partnerships are the current goals of health care providers.

NJBIA's Siekerka Addresses Outward Migration Affecting N.J. at NJBankers Economic Leadership Forum
Michele Siekerka, president of the New Jersey Business & Industry Association, focused on an immediate issue currently affecting the state of New Jersey, despite recent polls showing an optimistic outlook for 2016 among the association’s members.

*click on headline for details

Industry News

CFPB Releases Fact Sheet on TRID for Construction Loans
The Consumer Financial Protection Bureau has released a fact sheet that covers the basics of using the TILA-RESPA integrated disclosures for construction loans. The fact sheet includes information on which construction loans are covered by TRID (open-end transactions or loans for a commercial purpose are not covered), as well as existing provisions for construction loan disclosures and guidance on disclosures for a loan with permanent financing as either one or two loans.

Federal Reserve Bank of New York's Study Shows Consumers Anticipate Lower Spending Growth
Americans’ expectations for how much more they will spend next year fell in December to 2.9 percent, the lowest level since the survey’s inception in 2013 and down sharply from 3.5 percent in November, according to the Federal Reserve Bank of New York’s monthly Survey of Consumer Expectations. The outlook for household income growth over the next year also declined in December, landing at 2.3 percent and on a continued decline from early 2015. Credit availability expectations were unchanged from November.

Federal Reserve Bank of New York's January 2016 Business Leaders Survey
The Federal Reserve Bank of New York's January 2016 Business Leaders Survey  indicates that activity in the region’s service sector marginally improved. The survey’s headline business activity index edged up two points to 4.1. The business climate index climbed twelve points to -0.7, signaling that, on balance, respondents viewed the business climate as normal.

*click on headline for details




Directors & Managing Officers Conference
Friday, March 4, 2016

Advanced IRA w/PMC

March 8-9, 2016

ABA Government Relations Summit
March 14-16, 2016

6th Annual Women In Banking Conference
 April 6, 2016

New Jersey Leadership Cyber Summit
 April 11, 2016

28th Annual Annamae Baerenbach Memorial Lending Conference
April 13, 2016 *New Date* 

9th Annual Charity Golf Outing w/NJCPA
 April 25, 2016

Internet Profiling and Intelligence Gathering
 June 16 & 17, 2016

Compliance University
 June 22-24, 2016

Annual Summer Golf Outing and Networking Reception
 August 8, 2016

Annual Senior Management Conference
 November 1-3, 2016

Sponsorship, Exhibiting
 & Advertising Opportunities
- Click Here!

Other Industry Meetings
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View Upcoming Events
Member News

Bank of America Student Leaders® Program
Every year, through Bank of America's Student Leaders® program they help connect community-minded high school juniors and seniors to employment, skills development and service. They’re awarded paid summer internships with local nonprofits and participate in the annual Student Leadership Summit in Washington, D. C. Student Leaders is part of Bank of America's ongoing commitment to preparing young people for a brighter future. If you or someone you know have a passion for improving the community, the bank will be accepting applications beginning November 2, 2015 through January 29, 2016.

Glen Rock Savings Bank Announces Merger with Llewellyn-Edison Savings Bank Has Been Completed
Glen Rock Savings Bank, which has served the personal and commercial banking needs of customers throughout northern New Jersey since 1922, announced that the merger of Llewellyn-Edison Savings Bank into Glen Rock Savings Bank has been completed.  All Llewellyn-Edison branches, with two offices located in West Orange and one in Livingston, now operate as Glen Rock Savings Bank.

Lakeland Bancorp Announces Closing of Acquisition of Pascack Bancorp

Lakeland Bancorp, Inc. (NASDAQ:LBAI) (“Lakeland Bancorp”), the parent company of Lakeland Bank, announced that its acquisition by merger of Pascack Bancorp, Inc. (formerly OTCQX:PSBR), the parent company of Pascack Community Bank, closed upon the filing of a Certificate of Merger with the New Jersey Department of Treasury.  Shortly after the merger of the holding companies, Pascack Community Bank merged with and into Lakeland Bank.

Northfield Bancorp Completes Merger with Hopewell Valley Community Bank
Northfield Bancorp, Inc. (Nasdaq: NFBK) (“Northfield”), the holding company for Northfield Bank, announced the closing of its acquisition of Hopewell Valley Community Bank (“Hopewell Valley”). As a result of the merger, Hopewell Valley Community Bank will operate as a Division of Northfield Bank.  It is anticipated that Hopewell Valley will assume the Northfield Bank name and brand when the integration of the data processing systems is complete, which is expected  in April 2016.

*click on headline for details  

Associate Member News

Arnold & Porter Present Anti-Corruption Compliance in Emerging Markets: Second in a Series
Tuesday, January 26, 2016
12:00 – 1:30 p.m.
Join Arnold & Porter for the second in a series of webinars on anti-corruption compliance in emerging markets as we discuss new topics and issues.

Luse Gorman Once Again Ranked the #1 Law firm for Mutual-to-Stock Conversion Transactions
Luse Gorman has once again received the No. 1 National Ranking as legal counsel for mutual-to-stock conversion transactions, as reported by SNL for conversion transactions completed in 2015.  Luse Gorman has now been recognized as the No. 1 ranked law firm for over 10 years. Congratulations!

*click on headline for details 

Directors & Managing Officers Conference

Friday, March 4, 2016
Renaissance Woodbridge Hotel, Iselin, NJ

This year’s conference has a packed agenda, perfect for the busy executives and directors. Topics will include Cyber Security, Banks in the New Payment Environment, Risk Management and wrap up with a networking lunch. Read More

112th Annual Conference in Scottsdale, AZ - Register Today!

May 11-15, 2016, The Phoenician, Scottsdale, AZ

Registration is now open for the NJBankers 112th Annual Conference.  The Phoenician in Scottsdale, AZ, will be the site of this year's annual conference.

Read More

Lock Your Sponsorship and Advertising in Early!
Sponsorship and advertising opportunities are now available for NJBankers Annual Conference at the Phoenician in Scottsdale, Arizona.  Join us as we move “Westward Ho” on May 11 -15, 2016.  Read More
Upcoming NJBankers Conferences - Don't Miss Out on Opportunities for Professional Development!

CRA/Fair Lending Conference – Tuesday, February 23, 2016
Recent Supreme Court and regulatory decisions will inject new life into fair lending discrimination cases by the government based on disparate impact allegations, further enlarging the scope and reach of the doctrine. Join NJBankers, industry regulators and a CRA & Fair Lending expert for an informative and lively discussion on compliance examinations, investigations and enforcement actions relating to the Community Reinvestment Act and the Fair Lending laws.  

Advanced IRA Seminar w/ PMC – Wednesday, February 24 & Thursday, February 25, 2016
Anyone can stand at a lectern and spout rules and regulations.  The challenge is to make sure people understand what the rules mean and how to apply them in everyday situations.  These workshops are an exceptional, hands-on workshop that will provide critical information on IRAs and tax-favored savings plans in terms you can readily understand
BankSocial Conference –Thursday April 7 & Friday April 8, 2016 
NJ Bankers is proud to present a partnership with #BankSocial Media Conference. A conference that will teach retail bankers how to utilize social media to drive new business and increase revenue.

Register Today for the 2016 ICBA National Convention

The 2016 ICBA national convention, Community Banking LIVE®, is headed to New Orleans for the first time in more than 30 years. Scheduled for March 6-10 at the Ernest N. Moral Convention Center, the convention features nineteen-time Emmy-winner John Stossel and four-time tech entrepreneur and hyper growth CEO Josh Linkner as keynote speakers, more than 60 education sessions in nine tracks, peer networking opportunities and the largest tradeshow for community banking in the world! Register before January 19 to take advantage of the early-bird conference rate and experience all there is to see and do in the Big Easy. Read More

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