If this page doesn't display properly in your email, click here. November 9, 2016
New Jersey Bankers Association
Zac Brown beats Jay-Z
Michael P. Affuso, EVP/Director of Government Relations, NJBankers

The guy who likes his chicken fried, a cold beer on a Friday night, jeans that fit just right and the radio on just elected a President.  The images of the Zac Brown Band song are what blared through as returns came in.  Donald Trump was elected President to the shock and chagrin of the media, the Establishment and the Democratic Party.  The Hillary Clinton Coalition was not the Barack Obama Coalition, in fact in key Democratic areas in Pennsylvania and Michigan, Clinton significantly underperformed President Obama among white male voters.  The narrative of racism and “deplorables” as well as crossover Republican women did not hold true.  At the end of the day, something beats nothing and the Democrats could not articulate a program to offer a different choice than the program offered by Mr. Trump.  Mr. Trump had a program and a vision.  He won. Read More

Senior Management Conference A Success

NJBankers Chairwoman Angela Snyder, Chairwoman & CEO, The Fulton Bank of New Jersey welcomes attendees to the 94th Annual Senior Management Conference at the Borgata Hotel & Casino. The two-day event in Atlantic City attracted more than 200 bankers, service providers and guests to the two-day event. A total of 48 different member banks attended the event. Read More

Industry News

Americans with Disabilities Act and Website Accessibility Standards: Practical Information You Need Now Briefing
Monday, November 14, 2016 • 2:00 – 3:30 p.m. ET
The ADA’s obligations cover all financial institutions regardless of their size. This ninety-minute briefing/webcast will provide insight into important legal compliance issues facing the banking industry today when it comes to doing business with individuals with disabilities. You will come away from this briefing with an understanding of ADA website accessibility standards and practical advice about how to apply them as well as guidance on what to do if you are threatened with a lawsuit.

Are your bank’s websites, Internet banking services accessible to the visually impaired?
Banks of all sizes nationwide are receiving demand letters from plaintiffs’ law firms on behalf of visually impaired customers alleging inability to access Internet banking websites in violation of the Americans with Disabilities Act (ADA). The letters demand that the banks modify their websites to comply with proposed rules that won’t be enacted until 2018 and, of course, the firms are seeking attorneys’ fees.

FFIEC Finalizes New Consumer Compliance Rating System
The Federal Financial Institutions Examination Council finalized its new uniform interagency consumer compliance rating system, intended to reflect changes in consumer compliance supervision since the current system was introduced in 1980. The final system was adopted substantially as proposed with a few points of clarification. The new system will begin to be used by FFIEC member agencies for examinations beginning on or after March 31, 2017.

AML ‘Special Measure’ Imposed on North Korea by FinCEN
The Financial Crimes Enforcement Network has issued a final rule imposing a special measure against North Korea as a jurisdiction of primary money laundering concern under the USA Patriot Act. The rule prohibits U.S. financial institutions from opening or maintaining a correspondent account on behalf of a North Korean financial institution, prohibits U.S. FIs from processing transactions involving North Korean FIs and requires special due diligence measures.

Fed Senior Loan Officer Survey: CRE Loan Standards Tighten; C&I Holds Steady
Bankers continued tightening credit for commercial real estate loans in the last three months while holding steady on other business loans and consumer loans and easing credit standards slightly in their home mortgage portfolios, according to the Federal Reserve’s latest senior loan officer survey.

Agencies to Host Free Webinar on Updates to CRA Q&As
On Nov. 29, the federal banking agencies will host a free webinar to answer questions about recent changes to the interagency Community Reinvestment Act question and answers. The changes, announced in July, focus primarily on alternative delivery of retail banking services, innovative or flexible lending practices, qualified investments and community development. Register now.

FinCEN Final Rule Makes Technical BSA Amendments
The Financial Crimes Enforcement Network has made several technical amendments to its regulations implementing the Bank Secrecy Act. The changes are intended to remove references to obsolete BSA forms, outdated recordkeeping technologies and other out-of-date terms.

CFPB Clarifies ‘Flexibility’ in Third-Party Risk Management
The Consumer Financial Protection Bureau has issued an update to its guidance on risk management for third-party service providers. The update is intended to clarify that entities supervised by the bureau have “flexibility” to “allow appropriate risk management” of these relationships.

OCC Discloses Data Breach
In a notification to Congress of a “major information security incident” as required by federal law, the OCC released that a former OCC employee downloaded at least 10,000 encrypted files onto two thumb drives, took them off the premises and has not returned them to the agency. “Based upon currently available information, there is no evidence to suggest that any non-public OCC information, including any personally identifiable information or controlled unclassified information has been disclosed to any member of the public or misused in any way,” the agency said.

*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


  April 19, May 25, June 22

  April 20, May 26, June 23

April 25

NJBankers Leadership Academy
See njbankers.com for details.

Other Industry Meetings
View Other Meetings
Mark Your Calendar
View Upcoming Events
NJBankers Welcomes New Member and Associate Members

NJBankers is pleased to announce that the following bank and firms have joined the Association.  These institutions recognize the value of membership in NJBankers and we applaud their support of the New Jersey banking industry.

Endorsed Service Provider News

Register Today! Deluxe Presents Banker’s Dashboard Quarterly Thought Leadership Webinar
Proven Strategies for Creating a Performance-Driven Culture in your Institution
Tuesday, November 15, 2016
2:00 p.m., Eastern

Learn best practices on how to adopt a performance mindset to drive results. In a 2015 CFO Research Survey, nearly eight in 10 CFO’s said that their companies’ very success depended on having instantaneous access to a “single version of the truth.” But, when data is coming at you from multiple systems, divisions and regions, it can be hard to determine what exactly that truth is. In this webinar, Heath Fountain, CEO at Planters First Bank, will discuss how implementing a performance management culture will not only give you a more accurate, forward-looking view of your business, but also help you outperform the competition.

Member News

First Bank Tops $1 Billion in Assets
First Bank has surpassed $1 billion in total assets with strong loan generation and deposit growth. First Bank’s focus remains on making timely business loan decisions to support local economies and developing relationship-based banking that puts customers first. The 10-branch community bank offers traditional deposit and loan banking services for individuals, families and commercial. The bank has nine branches throughout New Jersey and one in Trevose, Pennsylvania.

BankHorizons 2016

Friday, December 2, 2016
Ocean Place Hotel, Long Branch, NJ

BankHorizons is back for its sixth year, and you're invited to check out the Mid-Atlantic's largest and most exciting banking show at a brand new venue. BankHorizons is specifically tailored for financial professionals, like yourself, to learn about emerging opportunities and innovative solutions that you can take back and directly apply to your institution. Read More

Save the Date! Board & Management Leadership Summit


March 10, 2017 - SAVE THE DATE
Renaissance Woodbridge Hotel, Iselin
Qualifies for 5 credits toward certification*

This new conference format will focus on current and upcoming issues and opportunities for community banks and provide advice & solutions geared toward enhancing value for all attendees. Read More

Break out your flip flops - May 17 - 21, 2017 - for NJBankers Annual Conference
NJBankers is back at The Breakers in Palm Beach, FL for our Annual Conference & Market Showplace.  
The room block is open!  The Breakers anticipates a sell-out over our dates and encourages attendees to make their reservations early.  

Read more

Show Off Your Stuff!

The Community Service Award program highlights the significant impact NJ banks have on their local communities.  Members are encouraged to submit information and photographs on initiatives that show how their financial institution makes New Jersey’s communities’ better places to live, work and play. We compile a book that includes the submissions and then distribute it to Legislators and Regulators. This book is shared with media outlets to prompt interest in your bank’s programs and reinforce the impact the banking industry makes on the communities that members serve. Join us in this initiative and benefit from the exposure! Please pass this information to the appropriate individual at your institution.

Read more

The New Jersey Bank Marketing Association Presents Forecast 2017 - Register Today!

Thursday, December 1, 2016
8:30 a.m. -  11:30 a.m.
Holiday Inn - Clark, NJ

Traditionally, the NJBMA's Forecast Meeting draws the largest audience and this one will be no exception. In fact, it promises to be one of the best with three outstanding professionals from finance and business, including NJBankers President and CEO John E. McWeeney, Jr., presenting their views and predictions for banking and industry in New Jersey for 2017. Each has been recognized by their peers for leadership and outstanding achievement in strategic planning and implementation. Don’t miss this one, register today! Read More

Individual Seeks Employment

Business Solutions Technology Leader - Thorough understanding of business system solutions delivery, implementation and ownership in large, complex global organizations. Successfully engages with senior executives and business leaders to understand and translate business strategies into technical solutions and roadmaps. Customer focused, innovative, agile and an inspirational leader with strong people/negotiation skills.

Please contact Erin Suckiel (908-272-8500, ext. 629; esuckiel@njbankers.com) for a copy of the resume.

Please note that the NJBankers office will be closed on Friday, November 25, 2016.


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