If this page doesn't display properly in your email, click here. February 1, 2017
New Jersey Bankers Association
Economic Leadership Forum Recap

The Economic Leadership Forum held last week at The Palace at Somerset Park was a great success by any standard. It was an opportunity to hear from key thinkers on the issues that shape our great Garden State and the Nation. More than 550 attendees enjoyed a line-up of today’s thought leaders. Read More

Industry News

GOP Releases House Banking Subcommittee Roster
House Financial Services Committee Chairman Jeb Hensarling has released the Republican rosters for the committee’s six subcommittees. View the list.

Basel Issues FAQs on Market Risk Capital Framework
The Basel Committee on Banking Supervision has issued a set of frequently asked questions on its revised framework for market risk capital requirements, scheduled to take effect on Jan. 1, 2019. The committee has estimated that the updated framework would result in a median increase of 22 percent in total market risk capital requirements for the large financial institutions affected.

Federal Reserve Board announces finalized rule adjusting the Board's maximum civil money penalties
The Federal Reserve Board has announced that it has finalized a rule adjusting the Board's maximum civil money penalties as required by law.

Federal Reserve Issues Progress Report on Efforts to Improve the U.S. Payment System
The Federal Reserve has released a progress report outlining accomplishments and anticipated steps moving forward related to the ongoing initiatives to enhance the speed, efficiency and security of the U.S. payment system.

HUD and Census Bureau Report New Residential Sales in December 2016
Sales of new single-family houses in December 2016 were at a seasonally adjusted annual rate of 536,000, according to estimates released jointly today by the Department of Housing and Urban Development and the U.S. Census Bureau.

*click on headline for details

Member News

Congratulations to our Members Named the Top SBA Lenders in New Jersey
Congratulations to our members who were recognized in an article that appeared in New Jersey Business magazine about the top SBA Lenders in New Jersey! Notably, for the third consecutive year, TD Bank was acknowledged for approving the most loans to New Jersey small business owners.

Sun Bancorp, Inc. Announces $53.7 Million Reversal of Deferred Tax Asset Valuation Allowance; Fourth Quarter Net Income of $2.3 Million
Mount Laurel, N.J.-based Sun Bancorp, Inc. released fourth quarter 2016 earnings as well as comments from President & CEO Thomas O’Brien.   Read more for highlights. 

*click on headline for details

Select Service Provider News

Select Service Provider P&G Associates Launches Tax Services for Banks 
P&G Associates announced that they are now offering Tax Services for Financial Institutions to complement their extensive portfolio of internal audit and risk management solutions. Dennis Spinelli, CPA, has joined P&G Associates as Director, Tax Services. In this role, he directs and manages the Firm's Tax Services practice, which focuses on tax preparation and consulting services to help community banks effectively navigate the complexities of the ever-changing tax regulatory and compliance  environment.

*click on headline for details

Get Recognized!
it's not too late to show your community impact

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.  Read More


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

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

Bankers State Leadership Day in Trenton
Tuesday, April 18, 2017

Accounting Seminar with FMS-NY/NJ
Friday, April 21, 2017

Annual Marketing Conference
Thursday, June 8, 2017

Operations & Technology Seminar
Tuesday, June 20, 2017


April 19, May 23, June 21

 April 20, May 25, June 22

April 25

NJBankers Leadership Academy
See njbankers.com for details.

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

Wednesday, February 15, 2017
Renaissance Woodbridge Hotel, Iselin
Industry regulators and the nation’s leading CRA expert and author, Kenneth Thomas, Ph.D. will present the dynamics that are driving changes to CRA and Fair Lending regulations, regulator expectations and best practices, particularly under the New Administration. Read More

NJBankers Leadership Academy Presents First Three Modules for 2017

The NJBankers Leadership Academy is a comprehensive program that provides the tools for all levels of bankers to succeed in their careers, support their financial institution, and advocate for the banking industry. The STEPS, STEM and Women’s Leadership in the 21st Century Communications Boot Camp are now open for registration.  The NJBankers Leadership Academy provides skills that are crucial whether a seasoned banker or one who has just joined the bank’s team and the banking industry. For more information about the modules, click here.

Success Through Effective Practices of Supervision (STEPS):  April 19, May 23, June 21
NJBankers Office, Cranford, NJ
The STEPS Curriculum will cover topics including
Session 1: Critical Skills for Supervisors; Characteristics and behaviors of effective supervisors
Session 2:  Coaching for High Performance; Identifying coaching opportunities
Session 3:  Time Management & Delegation; Understanding your time management style

Success Through Effective Management (STEM):  April 20, May 25, June 22
NJBankers Office, Cranford, NJ
The STEM Curriculum will cover topics including
Session 1:  Management Fundamentals; Understanding and Maximizing Your Management Style via DISC Assessment.
Session 2:  Coaching for Success; Using Effective Feedback to Address Performance Problems
Session 3: Planning & Conducting Effective Performance Evaluations; Understand the Components of Performance Management and the Manager’s Role in the Process

Women’s Leadership in the 21st Century: A Communication Boot Camp: April 25, 2017
NJBankers Office, Cranford, NJ
This intensive, practical, highly interactive boot camp will focus candidly and analytically on the communication challenges facing women in banking today.  This is a full-day program for women wishing to develop the ultimate career advantage, being a stronger communicator at work. Read More

Board & Management Leadership Summit
f/k/a Directors & Managing Officers Conference, but better!

March 10, 2017
Renaissance Woodbridge Hotel, Iselin
Qualifies for 5 credits toward certification*

The new Board & Management Leadership Summit will focus on the current and upcoming issues and opportunities for the healthy operation and direction of a bank.  Attendance at the Summit validates that bank senior management, C-level leaders and members of the Board of Directors understand the issues that mitigate risk for prudent corporate practices. Though the Summit is just one of the modules of The Directors Certification Program, enrollment in the Program is not necessary to attend the Summit. Attendance is, however, one of the opportunities leading to Certification. The Program was created with FinPro, Inc., a full service management consulting firm specializing in providing advisory services to the financial institutions industry. Read More

Break out your flip flops - May 17 - 21, 2017 - for NJBankers Annual Conference
Sure… the Annual Conference is a professional development opportunity not to be missed. But there’s another part of the Conference that you can’t miss either! We’re talking about exciting tours and activities.


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

GUDPA Rules Seminar
Thursday February 2, 2017
Crowne Plaza Monroe, Monroe Township, NJ
Don’t miss this half-day seminar presented by the NJ Department of Banking & Insurance on the law and corresponding regulations for GUDPA. You’ll get information on the exam process and tips from DOBI examiners directly. From calculating participation numbers to determining and depositing the proper collateral to reporting data correctly, attendees will also enjoy a Q&A opportunity with the examiners and Director of the Division of Banking Patrick Mullen.

Beneficial Ownership Web Seminar
Tuesday, February 7, 2017
New Bank Secrecy Act (BSA) regulations took effect in July 2016 and compliance is mandatory on the applicability date of May 11, 2018. When opening new accounts, the regs require a bank to identify the beneficial owners of its legal entity customers and perform CIP on each of those individuals. This seminar is unique because its focus is specifically for NJ and it is designed for both senior new accounts and BSA personnel enabling them to begin this process with the same foundation of information.

Advanced IRA
Monday-Tuesday, March 27-28, 2017
NJBankers Office, Cranford, NJ
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.

Check out the NEW - Navigating Sponsorship, Exhibiting & Advertising Opportunities 2017 Publication

Help the NJBIA Recognize the Projects that are Transforming your Neighborhood!

The 57th Annual New Good Neighbor Awards competition is a celebration of economic development by the New Jersey Business & Industry Association and its flagship publication, New Jersey Business magazine. Winners will be notified in March by email and will be featured in the July 2017 issue of New Jersey Business. The awards will be presented at a July 2017 luncheon. Read More



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