If this page doesn't display properly in your email, click here. August 8, 2018
New Jersey Bankers Association
NJBankers and BCG Volunteers Headed to Eva's Village to Serve up a Hot Lunch and a Smile

NJBankers and BCG (Bankers Cooperative Group) volunteers headed to Eva’s Village in Paterson to serve up a hot lunch to their guests. Donning our hairnets, aprons and gloves, we got to work serving lunch, serving smiles and then we cleaned up to ready for the next round of guests.

Marie Caliendo, Eva’s Village Manager, Corporate & Foundation Relations gave us a tour of their comprehensive facilities and then we all posed for a photo as we contributed $1,000 to aid in their mission to provide care and support for people who are struggling with poverty, hunger, homelessness, and addiction.

Our visit was a part of the NJBankers 2018 philanthropic initiative which began in May and runs through December. Fourteen banks have joined us to support Eva’s compassion for those in need. If any member is interested in participating in the initiative, please contact Erin Suckiel, Program Coordinator at esuckiel@njbankers.com.

NJBankers Hosts Delegation from China

For the first time, NJBankers hosted a Delegation from China who had come to learn more about the banking industry as well as the U.S. economy. NJBankers President/CEO John McWeeney and Mike Affuso, NJBankers EVP/Director of Government Relations discussed current conditions and events. Of course there was an interpreter! The Association has also hosted visitors from Japan. The Japanese Bankers will be returning in the Fall and will be hosted by William D. Moss and Two River Community Bank. NJBankers will continue to welcome delegations from a world away!

Industry News

Federal Reserve Board launches Consumer Compliance Supervision Bulletin
The Consumer Compliance Supervision Bulletin shares information about Federal Reserve examiners' observations and other noteworthy developments related to consumer protection. 

Senior Loan Officer Opinion Survey on lending practices notes easing continues on Business and Residential Mortgage Loans
The Federal Reserve’s latest Senior Loan Officer Opinion Survey indicated that in the previous quarter, banks kept terms and standards for business loans unchanged or eased them slightly, while tightening slightly on commercial real estate loans and easing in most residential mortgage loan categories. When looking at the past 13 years, lenders reported that standards for commercial and industrial loans tended to be easier than the midpoint for that period, while standards on mortgage and CRE loans were said to be tighter than the midpoint.

OCC Updates Comptrollers Licensing Manual
On November 14, 2017, the Office of the Comptroller of the Currency (OCC) issued a revised “Business Combinations” booklet of the Comptroller’s Licensing Manual. The OCC has issued an updated Version 1.1 of the booklet that makes minor technical corrections and notes one process update. The “Business Combinations” booklet has also been updated to reflect a change in the public comment period calculation.

FinCEN Extends Beneficial Ownership Relief for CD Rollovers, Loan Renewals
The Financial Crimes Enforcement Network has extended for 30 additional days its temporary suspension of the beneficial ownership requirements for certificate of deposit rollovers and loans that renew automatically. The temporary suspension will now expire on Sept. 8. FinCEN is working to finalize a more permanent solution in response to concerns raised by ABA and others in the banking industry.



Annual Summer Golf Outing and Networking Reception
August 14, 2018

Regulatory Visit to Washington, DC
September 5-6, 2018

Senior Management Conference
September 24-25, 2018

Enterprise Risk Management Conference
October 17, 2018

FDIC Directors College
October 18, 2018

2018 Advanced IRA with PMC
October 24-25, 2018
and November 5-6, 2018

CFT-Commercial Lending School
November 2, 2018

CFO Conference W/FMS, NY/NJ
November 27, 2018

Economic Leadership Forum
January 18, 2019

115th Annual Conference
 May 1-5, 2019

See njbankers.com for details.

Other Industry Meetings
View Other Meetings
Mark Your Calendar
View Upcoming Events
Endorsed Service Provider News

ABA Insurance Services SafeAlert: Phishing Schemes Show No Signs of Slowing
Many perpetrated electronic crimes begin with phishing emails. Phishing is used to induce individuals to divulge private information, such as access credentials, or to click on a malicious link or attachment that ultimately downloads malware onto a bank’s computer network.

Promontory Interfinancial Network Economist Assesses FOMC Meeting and Possible Impact
Promontory Interfinancial Network’s Economist, Dr. Alan Blinder, has provided his assessment of the Federal Open Market Committee meeting and the possible impacts of its decisions.

Member News

Boiling Springs Savings Bank Names Two New Sr. Vice Presidents
Boiling Springs Savings Bank announced the promotion of two executives to the title of Senior Vice President.  Moving forward, Debra Cannariato will oversee all marketing and advertising initiatives for Boiling Springs’ retail market and loan division in New Jersey. Also promoted to Sr. Vice President is Theresa O’Keefe, who now will be responsible for the overall network operations and management at each of the Bank’s 17 branches across Bergen, Passaic, Morris and Essex counties.

Roselle Savings Bank Announces Name Change, New Logo, Branch Upgrades, and New Products
Roselle Savings Bank has changed its name to Roselle Bank as part of its initiative to further enhance customers’ overall banking experience. The change is part of the bank’s strategic repositioning, as its functions extend well beyond the parameters of a typical savings bank. The brand refresh will focus on outlining new capabilities and debuting an array of new banking products for both business and consumer. The bank also has plans for renovations to its company headquarters, new operations center and main office branch located in Roselle, NJ.

*click headline for details

Manasquan Bank Supports NJBankers 2018 Philanthropic Mission

Nine Manasquan associates volunteered to serve lunch at Eva’s Community Kitchen in Paterson, New Jersey also in partnership with the New Jersey Bankers Association Philanthropy Program. We thank you all for the support!

Associate Member News

Travis Nelson, Esq. Joins Holland & Knight as a Partner
Travis Nelson, Esq. has joined Holland & Knight as a Partner in the firm's new Philadelphia office, while also serving in its New York office. According to Nelson, his service in the Philadelphia and New York offices of the firm will enable him to continue to serve clients throughout the region (including New Jersey) and nationally. He will continue to focus his practice on corporate governance and bank M&A; consumer and non-consumer regulatory compliance; nonbank licensing; anti-money laundering compliance; examinations, internal investigations and financial institutions enforcement; and cannabis banking. He can be reached at 215.252.9546 or travis.nelson@hklaw.com.

Going on the Offensive in Risk Management & Compliance Monitoring
Date: Thurs., Sept. 13, 2018
Time: 9:00 - 11:00 a.m. EST
If your bank and fiduciaries want a stronger grasp on  the latest compliance trends and a new playbook for effective risk management, join The Mercadien Group for a complimentary breakfast seminar.

COCC Integrates with Segmint to Offer Data-Driven Marketing Solutions to Core Online Banking Clients
COCC, a premier provider of next generation technology services for community banks and credit unions, has announced its partnership with Segmint, Inc., a leading provider of data-driven marketing solutions for financial institutions. Through this integration, COCC clients leverage their core data to gain insights and personalize customer experiences across channels.

Annual Summer Golf Outing and Networking Reception is next Tuesday

Tuesday, August 14, 2018
Fiddler's Elbow Country Club
811 Rattlesnake Bridge Road, Bedminster

The NJBankers Annual Golf Outing is next Tuesday so it’s time to register for a day at a beautiful course, great networking, food and fun. The course architects are renowned and have fused unique features of the local landscape with challenging holes. But there’s more to the Outing than just golf! We know how important it is to network so we’ve designed a day that even if you’re not a golfer, you’ll still want to join us. There’s a great reception (did we say hot hors d'oeuvres and a raw bar to long for?) and a scrumptious buffet dinner where we give out prizes, prizes, prizes! No ties, no heels – just a day of casual gear and casual conversations. Register today and get ready to play!

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The NJBankers Senior Management Conference has a whole new look and feel!

Monday-Tuesday, September 24-25, 2018
Borgata Hotel Casino & Spa, Atlantic City
Register Today!!

Instead of a 3-day program, we’ve reduced the number of days and increased the number of sessions sure to be interesting, educational and timely. We start the Conference on a Monday with break-the-ice activities so you can meet and greet colleagues, service providers and friends. Go fishing on our charter or play golf at the famed Blue Heron Course and then enjoy an evening of feasting and fun.

On Tuesday, we have invited the best and brightest speakers that are sure to provide tools so you can return to your bank the next day armed with practical and useful information.

Register Today! 

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

Regulatory Visit to DC
Wednesday - Thursday, September 5-6, 2018
Washington, DC
There’s empathy and movement in Washington regarding the regulatory burden on banks and the ability to address the needs of consumers and businesses in the communities they serve. Success on the regulatory front depends on action and NJBankers is providing the opportunity to be heard.  Your participation is vital so join us and connect with regulators.

FDIC Directors College
Thursday, October 18, 2018
Pines Manor Edison, NJ 08817
What do regulators have to say about prudent governance? What about cybersecurity oversight? Community bank directors have been guiding banks for years but there are new issues. FDIC Directors College will examine these and additional topics of importance to bank directors. Learn about BSA/AML expectations, CRA and Fair Lending as well.

2018 Delaware Trust Conference
October 24th & 25th, 2018
Chase Center on the Riverfront
815 Justison St., Wilmington, DE 19801
*PLEASE NOTE: As a courtesy NJBankers Members will receive DE Bankers Member pricing*
The 13th annual edition of this premiere wealth management conference features the tricks you need to treat your clients to all the benefits of Delaware trusts! The Delaware Trust Conference is an ideal opportunity tailored to the needs of: Trust Professionals, Portfolio Managers, Financial Advisors, Attorneys, CPAs, CTFAs, Wealth & Asset Management Services Executives, Executive Trust Officers, Investment Officers, Investment Managers, and Trust Department Managers. 

The Director Certification Program

Board and Officer Training: Talent Management
Thursday, August 23, 2018 - 11:00 a.m. EDT
Join this presentation to learn about the latest industry trends in order to attract, motivate, and retain talent throughout all levels of your organization.

Federal Reserve Bank of Philadelphia Presents Reinventing Our Communities: Investing in Opportunity

October 1 – 3, 2018
Hilton Baltimore 
How do our local communities and individuals realize the benefits from economic mobility? By putting in place strategies that invest in the opportunities for inclusive economic growth. The 2018 Reinventing Our Communities (ROC) conference will highlight effective models and emerging strategies for investing different forms of capital to enable every individual to contribute to and derive benefit from an expanding economy.

Read More 

2018 FinTech Conference
Register for the NJ Tech Council's annual FinTech Conference on September 12th at JPMorgan in Jersey City. This year's event will feature the 'Godfather of Fintech,' Ron Suber and several panels to update you and your colleagues on the latest trends in payments, lending and investing technologies and disruptions.

Read More 

Invest in Tomorrow an education benefit webinar for NJBankers Members

New England College of Business offers 100% online, accredited business courses, certificates and degree programs designed specifically for working professionals.  For over 100 years we have   In this complimentary, 30-minute webinar, you'll learn about the valuable education benefits and resources available to NJBankers members and their immediate family including a 25% tuition reduction, Power of One single course opportunities, complimentary on-boarding courses and more. 
September 18, 2018 – 11am to 11:30am
Click to Register:    https://attendee.gotowebinar.com/register/825476338935684098
September 20, 2018  -- 4pm to 4:30pm
Click to Register:    https://attendee.gotowebinar.com/register/2334546152453600770

For more information, please contact:
Jackie Oblinger, Director, Corporate Partnerships
P:  609.410.6685 *  Jackie.Oblinger@necb.edu

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!



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