If this page doesn't display properly in your email, click here. September 2, 2020
New Jersey Bankers Association
Stand out in a Digital World with NJBankers
“There is no “digital strategy” anymore, just strategy in a digital world” - Anonymous

NJBankers is excited to release the new and revised version of Sponsorships and Advertising Opportunities for the 2020-2021 year!

We have something for every budget and something for every market you want to reach.

To reach out to the new leaders in banking, check out our EFLG underwriting opportunities – now open to Associate Members as well!

If you’re looking to make a splash across the entire Association footprint, take a look at our new Premier Sponsor package so your company can take advantage of all the opportunities for visibility that we offer.

Want to customize your reach to members through NJBankers?  Look at our custom Annual and Connections packages and your firm will enjoy a tailored experience.

Brand new sponsor choices include our digital “Coffee with the Chairs” package, Regional Roundtables as well as Conference digital platforms and Conference Apps.

IT’S A DIGITAL WORLD! NJBankers hasn’t skipped a beat to promote your company so contact Jenn Zorn, SVP/Director of Education and Business Development and stand out!

Click here for Sponsorships and Advertising Opportunities for the 2020-2021 year!

 
Help us Tell your Bank's Story!

Since the start of this health crisis, New Jersey banks have prioritized the safety of employees and customers. Throughout the pandemic, banks have offered an array of programs to help individual and business customers affected, including fee waivers, deferred payments and other accommodations depending on the customer's circumstances.

Banks continue to do everything they can to make things a little easier right now from helping customers get financial relief and approving a record number of business PPP loans to looking out for the well-being of their communities.

CHECK OUT THE AMAZING JOB BANKS ARE DOING, READ THEIR STORIES HERE!

It's no secret the tremendous work bankers have been doing around the clock to serve their customers and communities and keep operations flowing successfully through the uncertainty. Our industry should be very proud of our accomplishments and NJBankers would like to help you tell your banks story. We encourage you to share your story with us to get the word out on the exceptional job banks are doing during this trying time.

Please send your banks story to: Erin Attilio at esuckiel@njbankers.com.

 
Industry News

Federal, State Regulators Issue Statement on Banks Affected by Hurricane, Wildfires
The federal and state banking regulators issued an interagency statement yesterday regarding financial institutions affected by Hurricane Laura and the California wildfires. Complementing previously issued statements and relief, the agencies urged banks to work constructively with borrowers in affected communities and promised in supervision to "consider the unusual circumstances these institutions face."

Bank Registration Now Open for #BanksNeverAskThat Anti-Phishing Campaign
Registration is open for banks to participate in #BanksNeverAskThat, a fresh, bold plug-and-play campaign that ABA created to fight phishing fraud by turning bank customers into expert scam spotters. The industry-wide initiative is one of the biggest consumer protection campaigns in ABA’s history, and banks across the nation are strongly encouraged to participate.

ABA to Host Virtual Regional Washington Visits Later this Month
Starting Sept. 21 and in partnership with state bankers associations across the country, ABA will host a series of regional virtual meetings with leadership of the FDIC, Federal Reserve, OCC and Consumer Financial Protection Bureau. ABA and its state association partners are hosting groups of bankers by region to ensure policies crucial to the banking industry remain front-and-center and emphasize the need for common-sense policies that will help America’s banks better serve their communities and grow the economy.

CFPB: About 6% of Mortgage Borrowers Receiving Coronavirus Relief
Around 6% of outstanding first-lien mortgages in June 2020 were reporting zero payment due based on credit bureau data, up from essentially none in February—thus indicating some kind of coronavirus-related payment relief, the Consumer Financial Protection Bureau said in a report on early effects of COVID-19 on consumer credit. As would be expected, mortgage assistance was more likely to be reported in areas correlated with health and economic effects of COVID-19, including areas with greater shares of virus cases, greater shares of minority populations and higher levels of unemployment shock.

 
BCG has solutions for NJBankers Members, Associate Members and Employees

For additional information please contact:
Richard Siderko [x616 – rsiderko@bcg-nj.com]
Matthew Cooney [x608 – mcooney@bcg-nj.com

 
 






Other Industry Meetings
View Other Meetings

Upcoming Webinars

September 16-17
Compliance University Virtual Conference 

September 20-21
Annual Senior Management Conference Virtual Conference 

September 30
Culture and Strategy: Is The Pandemic An Opportunity To Create Alignment?

October 7
PPP- Fair Lending Considerations & Regulatory Scrutiny

October 14
Directors College

October 19
Delaware Trust Conference Virtual Conference 

October 22
Enterprise Risk Management Conference Virtual Conference 

November 4
CFO Conference W/FMS, NY/NJ Virtual Conference

See njbankers.com for details.

Compliance University

Tuesday, September 16th 9:00 am – 1:00 pm
Wednesday, September 17th 9:00 am – 1:30 pm
Day One - 4 CPE - 4 CLE - 3 ACAMS - 4.5 CRCM credits will apply
Day Two - 5 CPE - 5 CLE - 3 ACAMS - 5 CRCM credits will apply


Join New Jersey Bankers Association for our virtual Compliance University on September 16th – 17th.  This year’s conference offers an innovative learning experience designed for compliance professionals. Attendees will have the opportunity to network with one another on our state-of-the-art virtual platform. Experience everything that makes our Compliance University unique- all from the comfort of your own home!

Day 1 of Compliance University will be led by compliance expert David Dickinson, President, Bankers Compliance Consulting.  Attendees will learn Fair Lending, HMDA and Flood hot spots and how to mitigate your risk.

On Day 2, a panel of regulators will share discuss trends in compliance risks. Understand how CRA reform will impact your next exam, and discover the pandemic’s effect on lending an operations.  Attendees will also learn how to enhance your compliance effectiveness and agility during a pandemic.

Click here to Register and for Sponsorship Opportunities!

 

 
Virtual Senior Management Conference

Monday, September 21st  9:00 am – 1:15 pm
Tuesday, September 22nd  9:00 am – 1:15 pm
Day One - 3 CPE - 1 CLE - 3 ACAMS - CRCM credits will apply
Day Two - 3 CPE - 2 CLE - 3 ACAMS - CRCM credits will apply


Join NJBankers for our virtual Senior Management Conference, “The Future of Banking” on September 21st – 22nd.  This year’s conference offers an innovative learning experience designed for C-level, senior management, directors, and emerging bank leaders with a focus on the future of the banking industry.
 
Day 1 includes sessions on M&A strategies and capital adequacy, how to establish a strong model risk management program, accelerating automation at your bank, and the evolving security landscape.
 
On Day 2, attendees will explore the future of financial regulation and hear from a panel of regulators will discuss emerging risks and hot topics.  Learn about the economic implications of racial disparities, discover the topic trends that will disrupt banking, and hear bank CEO’s views on the future of banking.
 
Attendees will have the opportunity to network with one another on our state-of-the-art virtual platform. Experience everything that makes our Senior Management Conference unique- all from the comfort of your own home!

For event information contact Jess Furino at jfurino@njbankers.com or 908-272-8500 ext. 641

For sponsor inquiries contact Jenn Zorn at
jzorn@njbankers.com or 908-272-8500 ext. 611

Click here to Register and for Sponsorship Opportunities!

 

 
Webinar Wednesdays

In an effort to preserve the continuity of learning and to keep our members engaged and connected during this time, NJBankers is delighted to announce the below upcoming Webinar Wednesdays. Our webinars will feature renowned speakers and experts on a range of relevant and hot topics.  Be on the lookout for emails from NJBankers regarding upcoming webinars as well as a schedule of webinars below:

Culture and Strategy: Is The Pandemic An Opportunity To Create Alignment?
Wednesday, September 30, 2020
10:00 am – 12:00 pm

Most everyone wants a profitability culture, but building one is difficult. Bankers are weighed down by the expectations of employees that come from other institutions, and “the way it has always been done”. For example, are operational areas held accountable for no audit findings or exam MRAs? Is this consistent with your profitability culture?

The disruption from the pandemic has given an opportunity for banks to build strategic alignment to maximize profits that benefit all constituencies: employees, customers, shareholders and community.

Attendees of this webinars will learn how to map alignment from your UBPR to your lender, branch manager, head of deposit operations with ideas to align your culture with your strategy that you can implement immediately.

Directors College
Wednesday, October 14th
8:30 am – 12:30 pm - 3 CPE / 3 CLE will apply

Join NJBankers and the FDIC for our annual Directors College which will be held virtually this year.   Attendees of the Directors College will learn about the fundamental elements of effective board governance during uncertain times, and the directors’ role in establishing and maintaining the governance framework. 

Explore governance in the context of problem loan oversight, including loan modifications, performance assessment, internal risk ratings, and fair lending. 

Members of the FDIC regional management team during will highlight emerging issues, answer participant questions, and discuss topics raised by participants. 

Check njbankers.com for more upcoming webinars!

 
NJBankers in partnership with DE Bankers 2020 Delaware Trust Conference Virtual Conference

Live: October 19 & 20 - Available On-Demand: October 19 to November 30
The 2020 Delaware Trust Conference is going high tech for the 15th Annual Edition of the popular event. Using the most advanced technology available, The Delaware Bankers Association will deliver a rewarding virtual conference experience for all attendees. Will include: Great National Speakers, Expanded Flexible Schedule, Longer Access to Credits, Easier Credit Processing, Greater Interaction and Four Informative Tracts: The National Spotlight; Delaware Specific;  Multi-Jurisdictional / International; and, Ethics. When registering be sure to select New Jersey Bankers Association on Option 2.

Check it out!

 


 

 
Member News

Provident Bank enhances leadership team with key appointments
Provident Bank announced a number of key leadership appointments following the completion of its merger with SB One Bank. The appointments leverage the talents and experience of several executives, while creating synergies within the newly combined company.

Unity Supports Elumis Foundation’s Effort to Bring Electricity to Impoverished Families
Unity Bank has donated $2,500 to the Elumis Foundation to help support the organization’s mission of providing families in impoverished areas of the world with solar kits. The foundation was founded by Franklin Lakes teenagers Eva and Michael Sakellakis who were inspired by their father’s solar energy business.

Unity Bank realigns commercial lending leadership, including hiring industry vet
Unity Bank welcomes Matthew Mensinger as chief lending officer. Unity Bank is realigning its commercial lending division including a variety of leadership changes.

 

 

 
Endorsed Service Provider News

Kickoff! A football fan’s guide to portfolio management
By: Jim Reber, President/CEO, ICBA Securities
As the calendar turns to the fall, millions of Americans gear up for their favorite sport of football. Of course, with this being a year unlike any other, we’re still trying to figure out what it will look like. Nonetheless, what better way to usher in the new football season than to relate common gridiron phraseology to its investment portfolio equivalent? Some of this may sound like a stretch for the sticks, but perhaps you can find a loose ball in the pileup. If so, hopefully you can convert the takeaway into a visit to the sweet land of six.

PMC's Fall 2020 Webinars Provide you with the Best IRA & HSA Training in America
PMC's IRA and HSA webinars are constantly monitored and updated to reflect changes to rules and regulations brought about by tax legislation or as a result of IRS pronouncements. Join PMC for any or all of their eight live webinars where you will be able to actively participate during the event. Once a webinar has been paid for, you will receive on-demand access for an additional 30 days, even if you don't attend the live event.

QwickAnalytics Community Bank Index (QCBI) - 2nd Quarter 2020 Review
QwickAnalytics is pleased to present a summary of key performance trends of "true" community banks — providing critical comparisons that are meaningful and relevant. These reports are based on the proprietary QwickAnalytics Community Bank Index™ (QCBI) and include only FDIC-insured institutions that fit the characteristics of a community bank. What does this mean to your bank? You’ll have concise, useful summaries of key performance metrics to closely track industry trends and competitors each quarter.

 
Office Depot Sanitizer Stand with Dispenser Shipping NOW!

Office Depot has secured a large number of units of a new sanitizer stand and universal refill option that is shipping NOW.  It is Office Depot item #9794571 and this stand is sold with a “pour-and-go” dispenser that can be locked and utilizes a refill mechanism that can be refilled at any time with a sanitizer of your choosing (will also work as a soap dispenser, should you choose).

Pricing is $119.99/each (stand and dispenser included) with bulk buy discounts starting at 100 units, or more ($99.99/each bulk buy pricing).  As part of this package, you can also bundle the refills of our gallon-bottle aloe sanitizer (item #9667415, below) and receive a discount at $97.79/case for a case of four 1-gallon bottles of sanitizer gel.  Alternate sanitizer options are available at https://business.officedepot.com if this item is not in stock.

Additionally, here is pricing information on the Tidel temperature verification units and the Sani Stand with Touchless DIspenser and Intergrated sign

 
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!

 
Special Olympics of NJ Garden State Unified Golf Classic

September 28, 2020
10:00 am – 6:00 pm
Tavistock Country Club - Tavistock, NJ

While this year has been full of unknowns, the Special Olympics of NJ would like to invite you to this great event! The day will feature a shotgun start, a choice of FootJoy Shoes, Webb Simpson pullover or Ian Poulter polo, along with other gifts. Social distancing guidelines will be followed onsite, and sponsorships are available that don’t include golf, as well. Your support of this event will help provide virtual training and competition to keep athletes in shape and connected until they can return to the playing fields, where they belong!

Read More

 

 
Individual Seeks Employment

Versatile Digital Transformation Executive with a proven track record of accelerating technology change for traditional Investment, Commercial, and Consumer banks. Highly effective at transforming Lending Operations, Loan Servicing, Liquidation, Mortgage Services, Digital Payments, Online Banking, Sales, Marketing, Customer Service, and Small Business Administration (SBA) Lending functions. Successful at delivering customer centric technology solutions, managing IT vendors, and establishing digitalization programs to drive significant growth. Consistently appointed to advise executives, partner with business stakeholders, collaborate with consulting firms, and federal regulators on mission critical remediation programs. Provide thought-leadership on the rapidly evolving FinTech landscape for revenue generation opportunities. Author of “How to Become a Digital Leader: A Roadmap to Success,” a guide to simplify emerging technologies and concepts to business leaders. 

For a copy of the resume, please contact Erin Attilio, esuckiel@njbankers.com.

 

        

 
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