If this page doesn't display properly in your email, click here. April 18, 2018
New Jersey Bankers Association
NJBankers in the News

Mike Affuso Quoted in Asbury Park Press Article "Salaries should be based on work, not gender"
NJBankers released an OpEd regarding equality in the work place. "Women have long faced discrimination in the workplace. As a society, we have come a long way from women being prohibited from filling certain positions and have made strides in combating workplace sexual harassment, but the fight for equality is far from over."

"NJ foreclosures: Why they can bring down your property value, too" Affuso Quoted
Zombie houses are created when properties under financial distress are abandoned. But they remain empty because the bank foreclosure process in New Jersey has become so protracted, due to the high number of houses in foreclosure, that the maintenance of the property, from the lawn to the roof, is neglected.

*Click headline for details  

2018 NJBankers/Crowe Bank Compensation and Benefits Survey
Exclusive Offer on 2018 Bank Compensation Survey - Participate Now

For more than 30 years, Crowe Horwath LLP has conducted a comprehensive annual survey of compensation-related practices in the banking industry. This year, the survey report will provide salary and bonus benchmarks for 263 positions as well as information on benefits, incentives, director compensation, succession planning, and human resource practices. It will also allow you to benchmark your bank’s compensation practices against those of other similar banks.

The survey results can help you address questions such as:

  • Are our employees being paid competitively?
  • What are banks planning for salary increases?
  • Is our executive compensation package competitive?
  • How do our director fees compare to others?
  • What can we do to control the costs of benefits?
  • How do our human resource programs compare with those of other banks?

In addition, by participating in the survey, you will receive access to exclusive thought leadership and a substantial discount off the retail price of the survey report.*

The survey closes May 31, 2018. Get started now.

Complete the Survey

* You must complete the entire survey to be eligible for the report discount.

Industry News

Agencies Propose Phase-in for Regulatory Capital Effects of CECL
A new joint proposal from the Federal Reserve, FDIC and the OCC will give banks the option to phase in the regulatory capital effects of the Current Expected Credit Loss standard, the Federal Reserve announced on Friday. The agencies will accept comments on the proposal for 60 days after publication in the Federal Register.

Federal Reserve Bank of New York's Business Leaders Survey
Activity in the region’s service sector grew to a small degree, according to firms responding to the Federal Reserve Bank of New York’s April 2018 Business Leaders Survey. The survey’s headline business activity index fell seven points to 4.1, pointing to a slower pace of growth than in March. The business climate index moved down four points to 3.5, signaling that firms, on balance, regarded the business climate as somewhat better than normal.

Agencies Issue Warning about Russian Cyberattacks
In a joint technical alert, the Department of Homeland Security, Federal Bureau of Investigation and the United Kingdom’s National Cyber Security Centre warned of malicious Russian cyber activity targeting government and private-sector entities, critical infrastructure owners and operators and the internet service providers supporting these sectors.

Federal Reserve Bank of New York Empire State Manufacturing Survey
Business activity grew at a solid clip in New York State, according to firms responding to the April 2018 Empire State Manufacturing Survey. The headline general business conditions index, at 15.8, remained firmly in positive territory, although its seven-point decline from its March level pointed to a somewhat slower pace of growth.

FDIC Hosts Use of Technology in the Business of Banking Forum in Arlington, Virginia
The Federal Deposit Insurance Corporation will host a forum on the Use of Technology in the Business of Banking on Monday, May 7, 2018. Panels will focus on emerging technologies that are transforming banking operations; the impact of emerging technologies on retail banking, including new and innovative delivery channels, enhanced customer experiences, and economic inclusion; and consumer financial data access—balancing rights and security. For more information, visit the forum webpage or email FDICtechforum@fdic.gov.

DOBI issues Bulletin on Wire Transfer Fraud
The Department of Banking and Insurance has issued Bulletin 18-04 concerning Wire Transfer Fraud. Please click here ( http://www.state.nj.us/dobi/bulletins/blt18_04.pdf ) for details.

*click headline for details   

Endorsed Service Provider News

ICBA Securities Present Balance Sheet Academy
April 23-24, 2018 - Memphis, TN
The Balance Sheet Academy advanced seminar is designed to expose seasoned community bank portfolio and balance sheet managers to advanced products and concepts.  The objective of this seminar is to enable the attendees to consistently outperform their peers. The dynamics of a community bank balance sheet require an investment professional to be versed in a widening range of topics.  Balance Sheet Academy provides discussion and practical classroom exercises to equip the attendees for these demands. 

*Click headline for details



Success Through Effective Management (STEM)
April 20, 2018

ABA Government Relations Summit
April 24, 2018

114th Annual Conference Marco Island, FL
May 16-20, 2018
Annual Human Resources Conference
June 5, 2018

Commercial Real Estate Conference
June 7, 2018

Women in Banking Conference
June 13, 2018

2018 Compliance University
June 20-22, 2018

Bank Security Seminar
June 27, 2018

See njbankers.com for details.

Other Industry Meetings
View Other Meetings
Mark Your Calendar
View Upcoming Events
Member News

BCB Bancorp names chief operating officer
Michael Lesler has joined the bank from Clifton Savings Bank, where he was executive vice president and chief operating officer. He has also held C-suite positions with Bank of New Jersey, including serving as CEO and president.

Peapack-Gladstone Bank Hires Brydget Falk-Drigan as Executive Vice President, Chief Human Resources Officer
Peapack-Gladstone Bank announced the appointment of Brydget Falk-Drigan as Executive Vice President, Chief Human Resources Officer at Peapack-Gladstone Bank. Falk-Drigan will oversee the Bank’s Human Resources function, building upon its existing strategic plan, success and growth.

Provident Bank names exec for West Jersey market
James Higgins, who has more than 25 years in commercial lending, will work out of the bank’s Lehigh Valley Regional Office in Bethlehem, Pennsylvania. There, he will serve as SVP, relationship manager/team leader in the Commercial Lending Division.

*click headline for details 

Associate Member News

Banker's Toolbox adds to its growing compliance solution set
Banker's Toolbox, Inc., leaders in compliance solutions for America's community financial institutions, announced the acquisition of Georgia-based MainStreet Technologies (MST). MST is a leader and industry trendsetter in the loan risk management space, with their flagship Loan Loss Analyzer (LLA) software platform and highly regarded Advisory Services. MST solutions are invaluable to institutions in determining and documenting their allowance for loan losses, and preparing for the new Current Expected Credit Loss (CECL) model accounting standard.

Associate Member Dealertrack article notes need for digitizing auto loans
As we look towards the goal of providing a fully digital retailing and finance experience for consumers when purchasing a vehicle, most dealerships have digitized a large portion of their marketing and sales processes. The one area that continues to fall short is the financing and lending process.

CFT Commercial Lending School Fall 2018
October 28 - November 2, 2018
Courtyard by Marriott
420 Forsgate Drive, Cranbury, New Jersey
The Center for Financial Training is now accepting applicants for the 2018 Commercial Lending School. This intensive, one-week, in-residence program consistently receives rave reviews from the students. The school appeals to a wide range of students who need intensive and formal lending and credit training.

Future of Payments Webcast by Worldpay
Did you miss our two part webcast featuring Sundeep Kapur from Digital Credence? You can still listen as Worldpay Senior Leader, Melissa Kopp interviews Sundeep Kapur, a financial industry thought leader, on future trends and best practices for financial institutions as they plan to stay ahead in the ever-evolving world of payments.

Part 1: View the recording
Part 2: View the recording

*click headline for details

Women in Banking Conference

Wednesday, June 13, 2018
The Palace at Somerset Park, Somerset, NJ

The Women in Banking Conference is your opportunity to unlock your potential, build confidence and help you chart a course so you can own your future! This conference, where women take the lead, encourages professional development and leadership in your bank while also promoting the importance of fostering relationships and inspiring women to reach their career goals and aspirations. Sponsorships are currently open. Contact Jenn Zorn at jzorn@njbankers.com for further information

Read More 

NJBankers Leadership Academy

Success Through Effective Management
April 20, 2018, May 22, 2018 and June 5, 2018
8:30 a.m. – 4:00 p.m.
NJBankers Office
Cranford, NJ

**Limited Seating**

The New Jersey Bankers Leadership Academy is an opportunity to learn the skills for moving the bank into the future and ultimately support advocating for the banking industry. Help cultivate and advance the careers of these individuals by achieving their personal goals of success.  It's a win-win-win situation for all; the bankers, the institution and the industry!

Directors Training Web Seminars

The Webinar Package in conjunction with FinPro offers all of your directors and staff approximately 25 one-hour web-seminars (a year) that can be viewed live or at any subsequent time on an unlimited basis.

*click headline for details 

Register Today for the 2018 NJBankers Annual Conference!


Sponsorship Opportunities:  jzorn@njbankers.com or 908.272.8500 x611
Advertising Opportunities:  edemasi@njbankers.com or 908.272.8500 x610
General Inquiries:  info@njbankers.com

Click here for full Conference Program

Room Reservations
J.W. Marriott Marco Island is currently on a Waitlist only.  To get on the waitlist, contact Jenn Zorn at jzorn@njbankers.com
with names and arrival and departure dates.

Options for Housing. 

Marco Beach Ocean Resort  - Phone:  800-260-5089 - www.marcoresort.com

Marriott’s Crystal Shores – 800-845-5279 - http://www.marriott.com/hotels/travel/mrkml-marriotts-crystal-shores/

Don't miss out on the Tours and Activities offered throughout the Conference, Register Today!

Thursday, May 17
1:00 p.m. –   4:30 p.m.
Revs Institute for Automotive Research Tour
(requires advance registration) 
Includes box lunch and transportation

Thursday, May 17
1:00 p.m. –   5:00 p.m.
Offshore Fishing Charter
(Requires advance registration)
Includes box lunch, beverages and fishing gear.

Friday, May 18
8:30 a.m. –   9:30 a.m. 
Spouses Activity - Yoga
(requires advance registration)

Friday, May 18
12:30 p.m. –   5:30 p.m.
Everglades Airboat Excursion with Lunch
(requires advance registration) 
Includes Lunch at City Seafood, transportation and tour

Friday, May 18
1:00 p.m. Shotgun Start
GOLF TOURNAMENT (requires advance registration)   
Hammock Bay Golf & Country Club    
(BBQ Lunch served at course 12:00 p.m. - 1:00 p.m.)

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

Liquidity Workshop with KPN - CANCELLED
Please note the NJBankers Liquidity Conference which was to be held on April 19, 2018 at Brookdale Community College has been cancelled for the Spring.  Please check our Fall programming schedule for a new date. 

Joint Human Resources Conference with New York Bankers Association 
Tuesday, June 5, 2018 – Wednesday, June 6, 2018
Hilton Hotel, Woodcliff Lake, New Jersey

Why make plans now to attend the 2018 HR Conference coming this June? That's easy! You need to be there because it will be more comprehensive than ever! NJBankers has partnered with the New York Bankers Association to produce a conference not to be missed!

It ain't your grandparents' Personnel Department anymore!
Today's successful Human Resources professional in banking needs a comprehensive understanding of today's critical human resources issues. Topics that both new and veteran Human Resources professionals need to know include understanding and creating the high performance leader; employment law; and compensation & generational changes.

Panels of experts will discuss cultural & generational challenges; and diversity & inclusion. You can't miss the panel of top bank CEOs that will tell you their view, from the C-suite, on Human Resources!

Commercial Real Estate Conference in conjunction with the Otteau Group
Thursday, June 7, 2018
APA Woodbridge Hotel, Iselin, NJ

Kicked off with a presentation by well-known and recognized industry leader Jeffrey Otteau of the Otteau Group, the CRE Conference has been designed to update attendees on the economic environment and provide information on commercial real estate trends and management. Who should Attend: The program is designed for Bankers, including CEO’s, Lenders and Risk Management professionals. Sponsorships available!

Bank Security Seminar
Wednesday, June 27, 2018
Brookdale Community College, Lincroft
Who Should Attend? A one-day continuing education security seminar for anyone with responsibilities in bank security, risk management, bank operations or administration, legal counsel and fraud prevention. 
 Your day will include the following topics:
• National Security Update
• Robbery Training for Front Line Staff
• The Four L's of Physical Security
• Securing the Future
• Call Center Security: Dialing for Dollars

2018 Bank Trainers Conference

June 26-28, 2018
ChampionsGate – Orlando, Florida

The CBA is pleased to announce that they have joined the Bank Trainers Conference as an Event Partner.  The 2018 Conference is being hosted by the Center for Financial Training and Total Training Solutions.

The Bank Trainers Conference (BankTrainers.com) is designed for employees of financial institutions who are involved in training within their organization. 

This conference is action packed with two days of several sessions and more being added every day!  The program includes 2 pre-conference workshops, 13 confirmed speakers (with more coming), more than 30 training sessions, 3 learning tracks and networking with over 150 of your peers!  To view the entire schedule, visit http://banktrainers.com/agenda/.

To register, click here Select “State Association/League - Enter Referral Code Below” in the “How Did You Hear About This Conference?” section.  Type “NJBA” in the “Referral Code” box.

Check Out Endorsed Service Provider PMC's Winter/Spring 2018 Seminar(s)

Please note the IRA Training Sessions which were to be held March 21 and 22  have been Rescheduled for April 25 and 26 at NJBankers office in Cranford.

Go for the gold with the Best IRA Training Value in America!  Announcing PMC’s Winter/Spring 2018 IRA Seminar tour.  As an endorsed service provider of NJBankers, PMC’s acclaimed staff will be conducting two day IRA training workshops in 14 convenient locations; in particular, Vineland and Cranford, NJ.

Note: All current members of NJBankers registered for one or two days of solid IRA & HSA training from PMC will receive 10% discount off of their low registration fee.

For more information and to register, Click here or call PMC at 800-233-3207. 

PMC's 2018 IRA Reference Volumes

No other IRA resources are updated and relied upon as PMC’s 2018 IRA Reference Volumes.  Utilizing PMC’s IRA reference volumes will give you confidence knowing you’re the IRA expert. Check out their three great options, perfect for any individual or team, and know that all current NJBankers members will receive a 10% discount when purchasing the most respected IRA Reference Volumes in America!  Order today: Click here!

ABA Government Relations Summit
Sunday, April 22 - Wednesday April 25, 2018
Washington Marriott Marquis - Washington, DC

The 2018 ABA GR Summit is the opportunity for you and your peers to advocate for the changes hometown banks need to better serve their customers. Our collective voice is critical as we educate policymakers on the important role banks play in economic growth and job creation.

More than a thousand banking industry peers come together each year to speak to Congress and regulators in a unified voice so that together, our industry can be heard.

*Open to Bankers, Bank Directors & Trustees and State Association Executives only.

This annual event attracts NJBankers officers and board members and other C-level banking officers.  The program includes visits with members of the New Jersey Congressional delegation.
For registration, please click here
NJ Bank Marketing Presents How to Introduce New Banking Products & Services and Channel Them to Your Customers Seminar

Thursday, May 3, 2018
8:30 a.m. - 11:30 a.m.
Holiday Inn Express, Clark, NJ

This “How To” program offers an opportunity to both large and small banks on ways to develop and introduce new and ever-changing products and services and the best methods of offering them to existing and prospective clients. Their panel of three experts with many years of experience in their respective disciplines will present a 3-step program beginning with the bank’s involvement, to the development of strategic initiatives, to reaching specific marketing targets.

Read More 



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