If this page doesn't display properly in your email, click here. October 12, 2016
New Jersey Bankers Association
The world has truly become a global community!

NJBankers was once again contacted by a firm representing Japanese bankers who wished to visit with us to talk about U.S. community banks and initiatives. Half way across the world, bankers have the same challenges as we do right here in New Jersey for leading our banks. John McWeeney, Jr.,  NJBankers President and CEO along with Jim Vaccaro, Chairman, President and CEO, Manasquan Bank led the conversation. The Japanese bankers were quite impressed by the performance and bank community outreach efforts of our members. This meeting just demonstrates that we are all kin as banks support their neighbors in the communities they serve.

BCG News - Introducing the UnitedHealthcare Group Medicare Advantage (PPO) Plan for Retirees and Directors

We have important news to share with you about the Group Health Care and Prescription Drug coverage currently in place through UnitedHealthcare® for your retirees and directors.  Effective January 1st, 2017  the existing Senior Supplement and PDP coverage will be replaced  with a UnitedHealthcare® Group Medicare Advantage (PPO) plan that combines medical and prescription drug coverage into one plan. On December 31, 2016 the current Retiree coverage will end. The existing members do not need to do anything; and will be automatically enrolled into the new plan effective January 1, 2017 so there is never a gap in coverage. 

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Action Alert - Urge Meaningful Call Report Relief

As a community banker, you know what a tremendous burden the call report represents to community banks and how meaningful reform is necessary.  Please make your voice heard by commenting on proposed reforms and urging more substantial relief.

The proposed regulatory reforms to call report rules from the Federal Financial Institutions Examination Council (FFIEC) are insufficient and fail to address the tremendous burden the call report represents to community banks.  Regulators proposed a separate shorter call report for banks under $1 billion in assets.  Unfortunately, the eliminated portions involve data that few community banks report on today. 

By urging regulators to implement a truly streamlined call report that will provide sufficient data without overburdening community banks, you can help make a positive impact on the regulatory mandates facing your bank and others across the nation.  Take Action Now!  

Industry News

FDIC Announces a New Resource for Community Banks: Affordable Mortgage Lending Guide, Part I, and the Affordable Mortgage Lending Center
The FDIC has issued FIL 60-2016 regarding the Affordable Mortgage Lending Guide, Part I (Guide), which is now available and organizes information about single-family mortgage products from federal agencies and government sponsored enterprises and provides technical assistance for community banks on affordable mortgage credit options. Institutions can use this Guide as a one-stop resource to gain an overview of a variety of program resources, compare different products, and understand Community Reinvestment Act implications. 

The Consumer Financial Protection Bureau has announced plans to compile and publish a list of companies that offer customers access to a free credit score, which the bureau said would help “bring customer attention to the topic of credit scores, and follow up with content to educate, inform and empower consumers on the availability of credit scores and credit reports an how consumers can use this information.”

The proposed regulatory reforms to call report rules from the Federal Financial Institutions Examination Council (FFIEC) are insufficient and fail to address the tremendous burden the call report represents to community banks. Regulators proposed a separate shorter call report for banks under $1 billion in assets. Unfortunately, the eliminated portions involve data that few community banks report on today.
*click on headline for details


Economic Leadership Forum
Friday, January 20, 2017

ABA Government Relations Summit
Monday-Wednesday, March 20-22, 2017

7th Annual Women in Banking Conference
Wednesday, April 5, 2017

NJBankers Leadership Academy
See njbankers.com for details.

Other Industry Meetings
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Mark Your Calendar
View Upcoming Events
Emerging Leaders Program in Full Swing
The NJBankers Leadership Academy is a comprehensive program which provides the tools for all levels of bankers to succeed in their careers, support their financial institution, and advocate for the banking industry. 
The Emerging Leaders Program, with the development costs funded by Fulton Bank of New Jersey, is designed to enhance the organizational, performance, and leadership skills of highly motivated managers who have the potential to become future leaders in the banking industry.  The program’s content 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. 
After a Greet and Meet reception, the first session began on September 28th. All the best to our participants as you move through the program!   
NJBankers and FinPro Launch the Directors Certification Training Program


NEW - 2016 FinPro's State of Banking Summit Qualifies for 4 Credits Towards Certification

Thursday, November 10, 2016
Fiddler's Elbow Country Club, Bedminster, NJ

This new conference format will focus on current and upcoming issues and opportunities for community banks, providing advice and solutions geared towards enhancing value for all attendees.

As the information provided during this summit will give attendees an edge in 2017, the materials and content from this summit will only be available to attendees. This is a “not to be missed” opportunity for everyone in community banking.

 To register, visit our Directors Certification Portal

What is the Directors Certification Training Program?
NJBankers is committed to contributing to the professional development and continuing education needs of New Jersey bankers and directors. The NJBankers Leadership Academy is a comprehensive program which provides the tools for all levels of bankers and directors to succeed in their careers, support their financial institution, and advocate for the banking industry.

NJBankers recognizes the importance of providing broad exposure to the challenges and opportunities faced by today’s bank directors and has partnered with FinPro, Inc.,  a leading strategic consulting and capital markets firm, to develop a multi-faceted educational program, the Directors Certification Training Program. The Program provides an annual certification designation to those directors that meet participation criteria. The Program is an extension of FinPro’s Leadership and Education division.

The Directors Certification Training Program includes web-based training, in-person conferences, new board member training and customized full board training.

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New Leaders In Banking - Nominate Today! Deadline Extended!

Thursday, December 1, 2016
Ocean Place Hotel, Long Branch

Nominee Deadline has been extended to Friday, October 14th. 

The New Jersey Bankers Association and New Jersey Banker magazine are now accepting nominations for the New Leaders in Banking awards - sponsored by Wolf & Company. This is your chance to nominate a colleague who will be honored at a special awards dinner the night before the Bank Horizons event.

To be eligible, all nominees must meet the following requirements:
 * Work in a bank in New Jersey
 * Be 40 years old or younger at any point in 2016
 * Be an outstanding employee, manager, or business leader
 * Regularly make a noticeable impact on both their bank and community

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Annual Senior Management Conference

Tuesday – Thursday November 1-3, 2016
Borgata Hotel & Casino, Atlantic City, NJ

Just when you thought it was safe to go back to Atlantic City……”JAWS” appears!


NJBankers is pleased to announce our keynote speaker on November 1, dinner will be former NFL quarterback and ESPN analyst Ron Jaworski. Read More

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

Bank Secrecy Act Seminar 101 – Thursday, October 13, 2016
This program incorporates a review of all of your institution's BSA’s technical compliance responsibilities; it is the annual review everyone needs to remember their critical duties. 

Bank Secrecy Act Seminar Advanced – Friday, October 14, 2016
This program is designed to assist experienced personnel in staying ahead of the BSA/AML compliance steamroller.  

Annual Human Resources Conference – Thursday & Friday, October 20 – 21, 2016
The Conference provides the tools, resources, innovations and solutions you need for successful HR practices that will ensure your department and bank will thrive. Polish your skills with practical takeaways that you need to achieve your goals – from talent management to recruitment efforts to succession planning and retirement considerations to federal compliance.   

2016 Delaware Trust Conference – Tuesday & Wednesday, October 25-26, 2016
NJBankers is once again proud to promote and support the 11th Annual Delaware Bankers Trust Conference.  NJBankers members will be granted the Delaware Bankers membership pricing as a courtesy.

Operations & Technology Seminar – Tuesday, November 8, 2016 - NEW
The 12th in a series of interactive roundtable programs designed for operations and technology personnel.  Topics covered will be: Key Technology Metrics for Your Board; Ransomware Cyber Attacks; The Most Expensive Vendor Management Mistakes and 7 Ways to Help Improve Your Bank’s Profitability; What you need to know about Due

Beyond the Numbers - CFO CONFERENCE w/ FMS, NY/NJ Chapter – Tuesday, November 15, 2016
The role of the CFO has changed in recent years becoming much more complex with inherently demanding expectations for the CFO to play a central role in bank leadership. The state of the economy, increased regulatory scrutiny, changes in accounting standards and even talent planning have all affected the way the CFO impacts a financial institution.

Endorsed Service Provider News

Advanced IRA w/PMC – Register Today - Wednesday & Thursday, October 19 – 20, 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 opportunity that will provide critical information on IRAs and tax-favored savings plans in terms you can readily understand.  What's more, you'll be encouraged to ask questions, share ideas, and work together with your peers throughout the state to solve real-life IRA problems -- all in a relaxed and supportive atmosphere. 

*click on headline for details 


CFT 2016 Commercial Lending School

October 23-28, 2016
Crowne Plaza Monroe, Monroe Township, NJ

The Commercial Lending School delivers in-depth training in all facets of commercial credit, with an emphasis on financial analysis, cash flow versus profit, and loan structure. Cases emphasizing small and medium-sized companies are featured. Case studies are used extensively, and active participation by the students is essential. The work will require study, documentation, analysis and decision making, often in small teams that will interact intensively with the instructors, both during the day and in the evening.

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