If this page doesn't display properly in your email, click here. December 12, 2018
New Jersey Bankers Association
NJBankers Rising Star Award Winners

NJBankers created the Emerging Leaders Rising Star Awards to recognize individuals who have the potential to become the future leaders of the Garden State banking industry. These Rising Stars enjoyed a celebratory Award Dinner at the Stone House at Stirling Ridge.
Winners were selected by a panel of independent judges that included Tom Bergeron, Editor, ROI-NJ, a statewide business publication; Rosanne Casiere, Owner, RMC Consulting, and a seasoned Human Resources specialist and executive recruiter; Keith German, CD Lender/CRA Officer, Fulton Bank of New Jersey and a graduate of the NJBankers Emerging Leaders program; William Nowik, Principle, Wolf & Co., an Internal Audit Outsourcing Firm that was a sponsor for the evening of the dinner; and Dr. Cynthia Rowan, President, Performance Management Solutions, who is a seasoned educator and an instructor for the NJBankers Leadership Academy among other programs.

Nominate your bank’s Rising Stars! Look for a call for 2019 nominations.

Front Row L – R: Drew Bergstresser, Peapack-Gladstone Bank; Earl Jornadal, Kearny Bank; Erin Suckiel, NJBankers; Chris Rozewski, Peapack-Gladstone Bank; Kristen Patterson, ConnectOne Bank; Sheryl Shara, Investors Bank; Frank Lankey, Magyar Bank; Patrick Rienzo, ConnectOne Bank.

Back Row L – R: Delphine Marini, Unity Bank; Rob Surovich, Lakeland Bank; Kimberly Doll, Bank of America Merrill Lynch; Max Custer, Lakeland Bank; Katie Meyers, Manasquan Bank; Colin Bliss, Valley; Anthony Niciejewski, Spencer Savings Bank.

Not pictured: Mayra Rinaldi, Columbia Bank. 

Read more about the Awards 

NJBankers Announces New Publisher for New Jersey Banker

We are pleased to announce that NJBankers has chosen a new publisher, Bank News, to produce our magazine, New Jersey Banker. We will still have the timely articles that you have come to expect with a new and improved look and feel to help facilitate your reading enjoyment. You can learn more about Bank News at their website: https://www.banknews.com/Company Bank News is a leading publisher of Association magazines and we are excited to bring a modern, easy to read publication to our valued members. You will enjoy the change beginning with our upcoming winter edition.

If you have any questions or comments about New Jersey Banker or wish to learn more about advertising opportunities, please contact Emily DeMasi at edemasi@njbankers.com.

Industry News

Beige Book: Economic Activity Continues at Modest to Moderate Pace
The economy continued to grow across the Federal Reserve districts at a modest to moderate pace, according to the Federal Reserve in its final Beige Book release of 2018. Consumer spending held steady on balance. New home construction and existing home sales declined or held steady, while commercial construction and leasing increased or remained flat.

FDIC Announces Actions to Promote a Transparent, Streamlined, and Accountable Deposit Insurance Application Process
The FDIC has released multiple initiatives and resources related to the deposit insurance application process for organizers of de novo banks and to promote a more transparent, streamlined and accountable process for all applications. The FDIC is seeking comment on all aspects of the deposit insurance application process. Through an RFI, the FDIC is soliciting feedback on ways it can support the continuing evolution of emerging technology and Fintech companies; aspects of the application process that may discourage potential applications; possible changes to the application process for traditional community bank proposals; and suggestions for improving the effectiveness, efficiency, or transparency of the application process.

Survey: Data Privacy Growing as Concern; Banks Seen as Trusted
Nearly three-quarters of Americans said they are more concerned about their data privacy than they were a year before, according to a survey conducted by software company SAS. Sixty-four percent said they feel their data is less secure today than it was in years past. Consistent with other survey findings, banking was one of the top industries trusted to protect personal data, with 46 percent saying they were “very confident” or “extremely confident” that banks are keeping their data secure.

Member News

Fintech firm Cross River raises $100M in funding
Cross River Bank, a Fort Lee-based fintech firm, has raised $100 million in its latest funding round, it announced recently. KKR, a New York-based investment firm, led the round with a $75 million equity investment.

OceanFirst announces senior leadership team appointments
OceanFirst Bank announced three members of its senior leadership team have been promoted.
The appointments will all be effective Jan. 1, 2019 and are as follows: Joseph J. Lebel to chief operating officer; Joseph R. Iantosca to chief information officer; and Michele Estep to executive vice president and chief administrative officer.

Investors Bank announces leadership changes
Investors Bank announced two leadership changes.
Paul Kalamaras has been named executive vice president and chief risk officer of Investors Bancorp and Investors Bank and Bill Brown has been appointed chief retail banking officer of the company and the bank.

*click headline for details



2018 Employment Law Update Seminar
December 17, 2018

Ethics Seminar
December 19, 2018

2018-19 DISC
January 29, 2019

Economic Leadership Forum

January 18, 2019

115th Annual Conference
 May 1-5, 2019

Women in Banking Conference
June 12, 2019

See njbankers.com for details.

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

Economic Leadership Forum - January 18, 2019

Just added to Program! Hear from The Honorable Stephen M. Sweeney, New Jersey State Senate President, on key legislative issues affecting the Garden State.

This year's program features John C. Williams, President/CEO of the Federal Reserve Bank of NY will discuss monetary policy. Dawn Hudson, Former Chief Marketing Officer of the NFL & Former President/CEO Pepsi Cola N. America/PepsiCo Foodservice will join the Forum and delve into Marketing and Branding. Amias Gerety, Former Acting Assistant Secretary, Financial Institutions, U.S. Department of the Treasury/Partner, QED Investors will discuss and evolving Financial World and New Jersey’s well-known Economist, James W. Hughes, PhD, University Professor, Dean Emeritus, Edward J. Bloustein School of Planning and Public Policy will present an outlook for the Garden State’s economy.

Click here to Register! 


115th Annual Conference

NJBankers is proud to announce that the room block at The BroAdmoor is now open and actively taking registrations.

CONFERENCE DATES:  May 1-5, 2019 
• Hotel anticipates being sold out during our stay, guests are encouraged to book ahead of time

Hotel reservations may be made:
1) By calling the hotel at 1-800-634-7711 (Reference NJBankers for group rate)
NOTE:  Rates cannot be changed at check-in or checkout for guests who fail to identify their affiliation with NJBankers at the time the reservation is made.
2) Online by following this link

Hotel Information
• NJBankers Room Rates – (room categories may be reviewed online at https://www.broadmoor.com/accommodations/ )
o Classic - $299 per night, single or double occupancy for a standard room*   (325 to 450 Sq. Ft.)
o Superior - $339 per night  (375 to 450 Sq. Ft.)
o Junior Suites - $489 (larger rooms in various locations with views of lake, mountain, parlors, sitting rooms or balconies may be included)

Additional Fees: 
o Room Block closes on Wednesday, April 3, 2019.  After Wednesday, April 3, 2019 reservations will be accepted on a space available basis at the group rate
o Room rates are European Plan and exclude lodging, city and state taxes, which presently are 9.63%.   A Public Improvement Fee (PIF) of 2.75% will be assessed to all purchases at THE BROADMOOR
• NJBankers Room Rates will apply 3 days prior and 3 days after the conference, subject to availability
• All rooms must be guaranteed by credit card
• Hotel Cancellation after April 3, 2019, may also incur cancellation penalties  

Click Here for Further Information

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

2018 Employment Law Update Seminar
December 17, 2018
NJBankers Office - 411 North Avenue East, Cranford

Registration & Breakfast: 9:00 a.m.
Program: 9:30 a.m. – 11:30 a.m. 
New Jersey has enacted multiple new laws that directly impact employers and employees including mandatory paid sick leave and equal pay. These laws directly impact employer policies and practices. Understanding what the new laws require is crucial for compliance and mitigating risk.

Ethics Seminar
4 CLE Credits in ETHICS will apply
Wednesday, December 19, 2018
NJBankers Office - 411 North Avenue East, Cranford
In the highly interactive segment “Responding Ethically To Recurrent Issues In Cyber And Other Internal Investigations”, four esteemed attorneys will present and engage attendees in realistic scenarios focusing on ethical challenges that lawyers in-house at banks must navigate in cyber and other internal investigations.   Topics include convergent problems of privilege protection, liability containment and compliance with privacy, SEC and national security regulations.

Bank of America's Student Leaders® Program
Application Deadline February 1, 2019

The Bank of America Charitable Foundation’s Student Leaders® Program is accepting applications for the 2019 program.  Bank of America is asking for help to identify outstanding young people who are passionate about making a difference in our community. Each Student Leader will attend the Student Leaders Summit held in Washington, D.C. where they will learn how government, business and the nonprofit sector work together to address critical community needs.

Details and the application are available at www.bankofamerica.com/studentleaders.

Join NJBankers and Baker Tilly for this not to miss Webinar Managing Liquidity in a Fluid Market (no pun intended!)

Wednesday, January 16, 2019
11:00 a.m. – 12:00 p.m. EST
Fee:  Complimentary*

This session was originally scheduled to be presented at the 2018 CFO Conference, but unfortunately, Tim’s flight from Minneapolis was canceled due to inclement weather conditions and he was unable to get to New Jersey in time for the presentation. We are happy to be able to share the information with you via webinar.

Presented by Baker Tilly Partner and Banking Industry Practice Leader, Tim Kosiek, CPA

Rising short-term interest rates, the breakdown of traditional branch strategies and the emergence of broad scale digital deposit frameworks collectively present an unprecedented challenge for bankers in effectively managing liquidity within regulatory expectations, while minimizing the potential downward effect on interest rate margins.

The Managing Liquidity in a Fluid Market webinar will explore the current landscape of traditional liquidity management, the regulatory perspective on liquidity ratios and the effect on continued bank consolidation.

Agenda includes:
•Historic perspective of bank liquidity
•Current state of the flow of money
•Critical challenges and opportunities

TO REGISTER:  Reply via email to Diane Starr at dstarr@njbankers.com  and note the  email to which participant dial-in information will be sent (info will be sent 24 hrs prior to event). 

Limited to Bankers only*

Any questions, please contact info@njbankers.com

FMS NY/NJ Chapter Releases Professional Development Opportunities for 2019

The Financial Managers Society NY/NJ Chapter is dedicated to enhance the professional development of financial personnel within financial institutions. The Chapter has released the 2019 schedule of seminars and events. The schedule can be found here.

Save the Date! Bank Trainers 2019 Conference and Expo

May 7-9, 2019
Grand Hyatt Buckhead - Atlanta, Georgia

The Bank Trainers Conference and Expo is an annual educational event that brings together hundreds of training professionals, representing financial institutions from across the country and beyond. A wide-variety of workshops cover everything from eLearning and Gamification to Presentation Skills and Managing Change. Un-Paralleled Networking Opportunities with the greatest minds in Learning and Development await you at every turn.

Click here for more information! 

PMC's 2019 IRA Reference Volumes

No other IRA resources are updated and relied upon as PMC’s 2019 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!

Also the PMC's 2019 IRA & HSA Customer Brochures have been.  PMC's updated to reflect retirement plan and HSA limits (with applicable cost-of-living adjustments) for 2019. Click here for more information.

South Jersey Bankers Association - RESCHEDULED November Dinner Meeting
Private Sector Lessons Learned from Hurricane Maria - How FEMA’s Experience Could Benefit Your Bank
NEW DATE:  Thursday, December 13, 2018
Cocktails start at 5:15 PM, Speaker at 6:30 PM, Dinner served at 7:15 PM
Merion Caterers – 1901 Route 130 South, Cinnaminson
The South Jersey Bankers Association November Dinner Meeting originally scheduled for November 15th was cancelled due to inclement weather.  The meeting has been rescheduled to Thursday, December 13th.

Read More 

Executive Seeks Full Time or Consulting Position

Senior Client Experience Executive who achieved 'Best-in-Class' Net Promoter Score (NPS) results in 2017. Specializes in growing and increasing a bank's deposit base by building and sustaining a 'Client First' service quality culture, high performing teams, and processes and tools to create a consistent and exceptional client experience. Success is achieved by capturing and effectively utilizing client feedback, by chairing a 'Voice of the Client' task force dedicated to delivering on-going client service improvements, and by developing programs to deliver a 'Best-in-Class' employee experience. For a copy of the resume, please contact Erin Suckiel, esuckiel@njbankers.com.



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