If this page doesn't display properly in your email, click here. July 6, 2016
New Jersey Bankers Association
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FHLB-NY Announces 2016 Board of Directors Election Schedule

The Federal Home Loan Bank of New York (FHLB-NY) has announced the schedule for the 2016 Board of Directors elections. In total, three Member Directorships – one seat representing New Jersey members, currently held by Jay M. Ford, president & CEO, Crest Savings Bank, and two seats representing New York members - are up for election in 2016. In addition, two Independent Directorships representing the whole District are also up for election.

At its meeting of May 11, 2016, the NJBankers Board of Directors named incumbent Jay M. Ford as the NJBankers’ recommended candidate. Mr. Ford has served two terms and is eligible for reelection. While on the Board, he has served as a member of the Executive Committee since January 2015; as Audit Committee Chairman since December 2011 (member since 2008); Vice Chairman of the Strategic Planning Committee since August 2012 (member since 2010); and had served as a member of the Risk Committee from March 2013 to December 2014. He is also a former chairman of the New Jersey League of Community Bankers. Mr. Ford has worked in the industry for over 45 years and is a member of the American Institute of Certified Public Accountants and the New Jersey Society of CPAs.

NJBankers members that are also members of the FHLB-NY are urged to cast their vote for Mr. Ford when ballots are mailed on September 30, 2016.

NJBankers Announces Diane Scriveri of Bogota Savings Bank the Recipient of the 2016 Warren Hill Award

The Warren Hill Award was established in 1998 in honor of Warren Hill, the New Jersey League’s president from 1966 through 1975. The award is presented to the current or former committee member (bank member or associate member) who has demonstrated an overall commitment to meeting the mission of the committee, including providing assistance to NJBankers legislative and regulatory efforts and in developing educational content (seminars, articles, etc.) for the membership. The 2016 Warren Hill Award will be presented to Diane Scriveri, Executive Vice President and Chief Lending Officer of Bogota Savings Bank. Read More

NJBankers News

In late May a delegation of 18, including bankers and NJBankers staff members visited Washington, D.C. for the annual regulatory trip. The trip started with a joint regulatory briefing from the ABA and ICBA and then over the course of two days the group met with representatives of the Federal Reserve, FDIC, OCC, Conference of State Banking Supervisors, CFPB and FHFA. Highlights of the trip included meetings with Federal Reserve Governor Jay Powell and FDIC Chairman Martin Gruenberg, as well as some wonderful dinners at Brasserie Beck and Morton’s Steakhouse. Thank you to our sponsors for their support: EverFi, ICBA, Peapack-Gladstone Bank and the Community Bankers Association.

Industry News

Entries Now Being Accepted for ABA Bank Marketing Video Contest
Bank marketers are invited to submit videos they have produced for their institutions to the ABA Bank Marketing video contest. The contest is open to all those that are currently or eligible to be a bank member or service member of ABA. Videos should be relevant and support the marketing message of the financial institution. Submissions must be in English, no more than 4 minutes in length and must be the entrant’s original work or owned work (in the case of a ‘work-for-hire’ video created by an outside agency).

FBI: Bank Robberies Rise in 2015
Bank robberies rose by 3.5 percent in 2015, according to the Federal Bureau of Investigation’s recently released Bank Crime Statistics report. Robberies accounted for 98.5 percent of covered thefts from depository institutions. Less frequent crimes against banks, such as burglaries and larcenies, fell by 25 percent and 12.5 percent respectively. Armored car robberies, which are covered in the report along with theft from depository institutions, rose by 115 percent.

FDIC Rule Adjusts Civil Money Penalty Amounts for Inflation
The FDIC today issued an interim final rule adjusting the maximum amount of the civil money penalties within its jurisdiction to account for inflation, as required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. The rule takes effect Aug. 1.

FDIC New York Region to Host Commercial Real Estate - Risks and Effective Risk Management
Thursday July 21, 2016
2:00 pm EDT
For more information, or to submit questions that you would like to have addressed during the call, please send an email to nycalls@fdic.gov.  To speak with someone regarding this event, please email your name and contact information to nycalls@fdic.gov, and you will receive a call back within 1 business day.

Millennial Small Business Owners in it for the Long Haul, Wells Fargo Survey Reports
Millennial small business owners are committed to their businesses for the long term and are more willing to take calculated financial risks and incur debt in order to grow their businesses, according to a new Wells Fargo study of millennial small business owners. The study, conducted by research firm GfK, identified similarities and differences today between millennial small business owners and small business owners of earlier generations and how they are potentially impacting the business landscape. 

*click on headline for details 




Enterprise Risk Management Conference
September 27, 2016

Bank Secrecy Act Seminar 101
October 13, 2016

Bank Secrecy Act Seminar Advanced
October 14, 2016

Advanced IRA w/PMC
October 19-20, 2016

Annual Human Resources Conference
October 20-21, 2016

Annual Senior Management Conference
November 1-3, 2016

NJBankers Leadership Academy
See njbankers.com for details.

Directors College with FDIC
September 15, 2016

Emerging Leaders Curriculum

Classes Begin Sept. 28, 2016

Sponsorship, Exhibiting
 & Advertising Opportunities
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Other Industry Meetings
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Member News

In Memoriam: Robert Brevet, Metuchen Savings Bank
It is with regret that Katherine Liseno, President of Metuchen Savings Bank reports the passing of Robert Brevet, Director since 1995. Mr. Brevet was a graduate of Rutgers University.  He was a civil engineer with Arnolt Brothers Inc. of Metuchen for over 30 years. He recently retired from PJR of Freehold. He was a member and Elder of the Reformed Church of Metuchen. He was a member of the Edgar Child Care Center. He coached basketball with the Metuchen YMCA and was a scout leader with Cub Scout Pack 15 in Metuchen.

Ocean City Home Bank Eighth Annual Walk for the Wounded
Saturday September 24, 2016 - Ocean City Music Pier
Ocean City Home Bank will host the Eighth Annual Walk for the Wounded on the Ocean City Boardwalk. Ocean City Home Bank wants you to be among the first to learn of the opportunities to help make this year’s fundraiser a success, from advertising space in the Dedication Booklet to sponsorship packages providing broader exposure for your company.

*click on headline for details 

NJBankers Leadership Academy Will Fire Up Your Career, Your Contribution to Your Bank and to the Banking Industry!
Classes have begun!
The NJBankers Leadership Academy is a comprehensive curriculum which provides the tools for all levels of bankers to succeed in their careers, support their financial institution, and advocate for the banking industry. 
STEM is a three-day program with classes on Management Fundamentals, Coaching for Success and Planning & Conducting Effective Performance Evaluations. Prerequisite: Assistant Branch Managers, Branch Managers, and/or Department Managers.
STEPS is  a three-day program with classes on Critical Skills for Supervisors, Coaching for High Performance and Time Management & Delegation. Prerequisite: Head Tellers/Teller Supervisors and/or Departmental First-Line Supervisors.
The Women’s Leadership in the 21st Century: A Communication Boot Camp is an intensive, practical, highly interactive boot camp which focuses candidly and analytically on the communication challenges facing women in banking today.  Prerequisite: all levels of bankers.
The Emerging Leaders Curriculum, funded by Fulton Bank of New Jersey,  is designed to develop emerging leaders in the areas of leading change, maximizing team development, talent development/performance management, communication effectiveness, strategic banking, and individual development planning. Classes begin September 28, 2016 and end May 24, 2017. Prerequisite: Participants should have direct reports and 3 – 5 years management experience with potential for leadership.
Coming Soon! Director Education Program.

 Read More

Annual Summer Golf Outing and Networking Reception

Monday, August 8, 2016
Fiddler’s Elbow Country Club, Bedminster, NJ
Join NJBankers for a great day of networking and a great day of golf.  Two course exclusivity for the tournament means less play time and more face time on our host course, Fiddler's Elbow in Bedminster, NJ!  Thanks to Unity Bank for being our course host and our event sponsor Wolf & Company, P.C. Read More

Register Today! FDIC and OCC 2016 Joint Mutual Forum

August 3-4, 2016
FDIC  - L. William Seidman Center, Building C Auditorium
3501 Fairfax Drive - Arlington, VA 22226
The Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency are presenting the 2016 Joint Mutual Forum. The intent of the Forum is to promote the operations of mutual depository institutions and discuss industry trends. Attendees will have the opportunity to meet with executives from other mutual organizations, as well as senior management from the OCC and the FDIC, including FDIC Chairman Martin J. Gruenberg and Comptroller of the Currency Thomas J. Curry. Read More

2016 Delaware Trust Conference - Register Today!

October 25th & 26th
Chase Center on the Riverfront
815 Justison Street, Wilmington, DE 19801
The Delaware Bankers Association and the Delaware Financial Education Alliance Present the 11th Annual Delaware Trust Conference. NJBankers is once again proud to promote and support the Delaware Bankers Trust Conference.  NJBankers members will be granted the Delaware Bankers membership pricing as a courtesy. Register Today!

Join FMS For Their 2016 Chapter Golf Outing

North Jersey Country Club, Wayne  NJ
Monday, August 15, 2016
A challenging 18 holes of golf on the prestigious and scenic North Jersey Country Club course. Warm up on the driving range before heading out for the shotgun start. Relax at the cocktail hour and enjoy a full course dinner. Read More

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