If this page doesn't display properly in your email, click here. March 18, 2020
New Jersey Bankers Association
Attention!
In order to safeguard against COVID-19 (coronavirus), and in accordance with health guidance from the CDC, WHO, and other health authorities, NJBankers is postponing our live events through May 6th. 

The health of our members and their employees, speakers, and industry service providers are our primary concern. NJBankers will continue to watch developments concerning the spread of the virus and determine if any further actions need to be taken.
 
Industry News
ABA Launches Page Listing Banks’ Actions in Response to Pandemic
As the coronavirus pandemic continues to spread in the United States, with effects both on individuals’ health and the U.S. economy, ABA has launched a dedicated webpage on aba.com to help publicize the actions banks are taking to support their retail and business clients, protect their employees and support the economy.


Podcast: Building a Career as a Community Banker
On the latest episode of the ABA Banking Journal Podcast — sponsored by Reich and Tang Deposit Solutions — two rising community bank executives in North Carolina share lessons in career development and leadership. Meredith Begley hails from the mountains of western North Carolina, while Kristen Brabble calls the Atlantic coastal plain home — but they came together through North Carolina Young Bankers, a program of the North Carolina Bankers Association.

Federal Banking Agencies Encourage Banks to Use Federal Reserve Discount Window
The federal bank regulatory agencies released a statement encouraging banks to use the Federal Reserve’s “discount window” so that they can continue supporting households and businesses.

FinCEN Issues Statement on BSA Reporting, Illicit Activity in Wake of Coronavirus Pandemic
The Financial Crimes Enforcement Network reminded banks to communicate promptly with FinCEN and their primary regulator if they experience delays in filing Bank Secrecy Act reports due to the coronavirus pandemic.

Regulators urge banks to give relief customers affected by pandemic
Two federal bank regulators — the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. — advised banks they regulate to take care of customers affected by the novel coronavirus, recommending that lenders consider waiving fees and allow for short-term flexibility in loan repayment.

ABA Seeks Info from Banks on Coronavirus Response
Pandemic Planning and Business Continuity Resources for Banks

 
Webinar: ICBA Community Bank Briefing Q1: COVID-19 Pandemic

March 19, 2020
3:00 pm ET


The ICBA will host a webinar at 3pm ET to address the COVID-19 outbreak as it relates to the community banking industry. In addition to timely updates from Rebeca Romero Rainey and other experts, we will offer an interactive opportunity for information sharing through polling and Q&A.

Click here to Register!

 
The NJBankers Board of Directors election is underway
Nominations must be received by March 19th.   Please email nomination forms to maffuso@njbankers.com
 
New Jersey Banker Magazine Digital Copy Now Available. Be seen by Advertising!

The digital copy of New Jersey Banker magazine can be accessed by clicking here. New Jersey Banker magazine reaches the Garden State’s banking institutions.  If you want to reach the New Jersey banking community, you’ll want to advertise. The magazine is sent to bankers, service providers and to a wealth of readers interested in the banking industry.

Click here for advertising rates and get attention! For information about advertising or content submissions, please contact Emily DeMasi, NJBankers VP/Director of Communications at edemasi@njbankers.com.

Enjoy reading and don’t miss a golden opportunity to make connections!

 
 






Other Industry Meetings
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UPCOMING EVENTS  

June 4, 2020
 
June 17, 2020

See njbankers.com for details.

Not all bonds are created equal
By: Jim Reber, President/CEO, ICBA Securities
Attention bond portfolio managers: Raise your hand if you were expecting a 50 basis-point bond rally accompanied by a corollary rate cut by the Fed in about a two-week period. Just as I suspected—none of you. You can, for the record, count your correspondent among the crowd.

Read More

 
Member News

The Provident Bank Foundation announces 2nd round of 2020 grant opportunities
The Provident Bank Foundation announced grant opportunities for the second round of 2020.

Berkshire Bank Outlines Steps to Provide Support and Additional Financial Flexibility to Customers Potentially Impacted by the COVID-19 Pandemic
Berkshire Bank announced programs to provide additional financial flexibility to customers who may face financial hardship due to the economic impact of the COVID-19 virus.

Wells Fargo Donates $6.25 Million to Aid in Coronavirus Response
The Wells Fargo Foundation announced up to $6.25 million in donations to support domestic and global response to the coronavirus (COVID-19) and to aid public health relief efforts. The philanthropic funding includes $1 million for the CDC Foundation and $250,000 to the International Medical Corps for their work in more than 30 countries. The company will also donate up to $5 million at the local level to help address community-specific needs in the coming months.

Investors Bank receives OK from FDIC on pending merger
Moving the deal a step closer to completion, the Federal Deposit Insurance Corp. approved a plan for Long Island’s Gold Coast Bank to merge with and into a Short Hills-based institution with 147 branches throughout New Jersey and New York

Lincoln 1st Bank sets sights on North Jersey expansion with new HQ
In a strategic move to expand its footprint in North Jersey, Lincoln 1st Bank will relocate its Morris County headquarters and geographic hub.

OceanFirst Bank announces COVID-19 borrower relief programs
Red Bank-based OceanFirst Bank said Monday it is taking precautionary measures regarding the COVID-19 virus to protect customers, employees and communities by offering borrower relief programs for businesses, and for residential mortgages and consumer loans.

SB One Bank announces first-quarter promotions
Paramus-based SB One Bank announced it has made two leadership promotions. Ali Mattera has been named to senior vice president, technology and digital bank officer; and Elizabeth Watts has been appointed first vice president, human resources.

 
NJBankers Welcomes New Members

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

Berkshire Bank

HSBC

 
QwickRate Presents Why NOW is the Time to Focus on Loan Portfolio Credit Risk Webinar

Wednesday, March 25th at 2:00 p.m. or
Thursday, March 16th at 11:00 a.m.


Join this webinar to hear more and learn about IntelliCredit, a new-generation credit risk management solution that detects emerging credit risk and stresses early, before serious deterioration and losses occur. Don't miss this webinar. Now is the time for vigilance.

Click Here to Register!

 
NJBankers Announces NEW tier for Associate Members

NJBankers new tier for Associate Members is our Financial Services Membership.  

This membership tier will include: 
• Banks and thrifts without a physical presence or commercial loan operations in New Jersey
• Credit Card Companies
• Government Sponsored Entities
• Insurance companies
• Other companies that apply and whom NJBankers deem to be qualified candidates

NJBankers is pleased to present the three inaugural members to the new membership tier:

Federal Home Loan Bank of NY
Freddie Mac
Synchrony Financial
 

Any questions please contact Jenn Zorn at 908-272-8500 x611 or at jzorn@njbankers.com

 

 
Meet our Associate Members

Connections is highlighting Associate members and the services they offer to the Banking Industry in each issue.

          

Click here to learn more about these companies services!

 
Associate Member News

Strategic Risk Associates Presents a Complimentary Webinar - Dig Your Well Before You're Thirsty
Friday, March 20th - 1:00 p.m. ET
Financial institutions can't afford to be caught flat-footed when a crisis hits. Join Strategic Risk Associates for this complimentary webinar on how to address today's crisis and prepare for the next.

Promontory Interfinancial adds two industry veterans to its board
Promontory Interfinancial Network has named banking industry veterans Camden Fine and Ed Yingling to its board and former American Banker Editor-in-Chief Rob Blackwell as its chief content officer and head of external affairs.

Genova Burns LLC Launches Autonomous Vehicles Law Practice
Newark-based Genova Burns LLC has launched its Autonomous Vehicles Practice, focusing on the unique legal and business needs relating to this emerging technology and associated industries. This new practice area will leverage this rapidly advancing technology with the legal matters, government regulation, and business concerns associated with bringing the technology to market.

NJ Energy Coalition Appoints Genova Burns General Counsel
Genova Burns LLC named as General Counsel to the New Jersey Energy Coalition. Effective immediately, Co-Founder and Managing Partner Angelo J. Genova and Rebecca Moll Freed, a Partner with the Firm, will serve as General Counsel to the organization on policy and legal issues facing the energy industry, including New Jersey’s ambitious Energy Master Plan.

Gary J Velotta joins Document Imaging Group as Account Director
Document Imaging Group (DociGroup, an Infoaxis company), an Advanced Data Capture and Intelligent Process Automation systems integrator, announced today that Gary J. Velotta has joined the firm as an Account Director.

DociGroup Automates the Process of Opening New Bank Accounts and Credit Cards with Intelligent Virtual Agents and Chatbots
Document Imaging Group (DociGroup, an Infoaxis company), an Advanced Data Capture and Intelligent Process Automation systems integrator, announced the ability to automate the opening of checking accounts and credit card applications via an intelligent virtual agent.

Jill A. Pursell, Managing Director of The Kafafian Group, Wins Pennsylvania Bankers Association Champion for Women Award
JillThe Kafafian Group, Inc.  announced that Jill Pursell is the recipient of the Champion for Women Award at the Pennsylvania Bankers’ Women in Banking Conference on March 12, 2020.

TetherView Presents Digital Bunker™
TetherView’s Digital Bunker™is the quintessential tool for keeping your business and people safe during a pandemic. As concerns continue to grow around SARS-CoV-2 and COVID-19 (Coronavirus), enabling employees to effectively work from home is a top priority.

 
116th Annual Conference - San Diego Here We Come! REGISTRATION IS OPEN!
May 27 - 31, 2020 - Manchester Grand Hyatt San Diego - San Diego, CA
REGISTRATION OPEN
BOOK YOUR HOTEL NOW


Don't Miss Speaker Lisa Jaster!

Saturday, May 30
Don’t Let the Quit In
 
 LISA JASTER
Lieutenant Colonel, U.S. Army Reserve, Graduate,
U.S. Army Ranger School Leadership and
Peak Performance Expert
 
Army Lieutenant Colonel Lisa Jaster is a soldier, an engineer, a wife and mother, and a trailblazer. One of only three women to graduate from the first integrated United States Army Ranger program—one of the most difficult combat training courses in the world—Lisa was the first female Army Reserve officer to become a Ranger. She completed the training, which 36 percent of male and female students fail within the first four days, after refusing to succumb to exhaustion and repeatedly “recycling” through, or retrying, several phases of the multi-locational course. Lisa endured the training, which takes a minimum of 61 days and includes up to 20 hours of training per day alongside a strict diet, for a grueling six months. She graduated at age 37, while the average trainee age is 23.

Click here to check out program!

 
2020 New Jersey Bank Challenge: March for Babies

New Jersey Bank Challenge has been developed by Lakeland Bank to support the Meadowlands March for Babies (formerly known as WalkAmerica) on April 26 at Meadowlands Racing & Entertainment® in East Rutherford. Lakeland Bank has challenged the banking community to help meet the March for Babies goal with a Bankers Goal of $75,000 through sponsorships and/or fundraising teams. The money raised will support research, education, advocacy and programs that improve the health of moms and babies. Learn more and join Lakeland Bank in supporting such a worthy cause!

Read More

 
Leap into 2020: Demonstrate Directors are Informed

Jointly developed by FinPro and NJBankers, the Global Webinar Package is a multifaceted program designed for Bank Directors to demonstrate that they are keeping abreast of industry developments and trends. Senior executives will also benefit from this package. 

It is a series of 24, 60-minute webinars, offered throughout the year. All webinars are recorded should a director or senior executive be unable to attend a live webinar. CPE credits  apply to live webinars as well so ask for details. 

For questions, contact Jenn Zorn, jzorn@njbankers.com or 908-272-8500 x611.

Read More 

 
Federal Reserve Bank of Philadelphia to host Reinventing Our Communities: Equity InSight

May 27 - 29, 2020
Philadelphia Marriott Downtown

This year’s Reinventing Our Communities (ROC) comes at a critical time. In the midst of an economic expansion, many households and areas have been left out. At ROC 2020,  the Federal Reserve Bank of Philadelphia will put equity in sight by highlighting research and local solutions you can use to increase economic opportunity in your community and foster economic equality.

This three-day event will inspire dialogue and present ways that communities can expand access to jobs, housing, and wealth, and create lasting economic mobility.

Register Today!

 

        

 
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