If this page doesn't display properly in your email, click here. September 30, 2020
New Jersey Bankers Association
The Future of Banking is HERE...are you ready?



CPE, CLE, ACAMS, CERP credits will apply

The future of banking is here.  In an era of unprecedented change, the pandemic has propelled the banking industry to transform at warp speed.  Rapidly changing consumer behaviors and complex digital transformation have forced banks to pivot and innovate.  Banking is being reinvented before our eyes, are you ready for it? At NJBankers Banking on the Future Conference, you will hear top industry experts and thought leaders share strategies on how to successfully navigate this new era of innovation.
  
Banking on the Future will highlight hot topics including top trends that will disrupt banking, the evolving security landscape, the future of financial regulation, Diversity & Inclusion, and much more.

Attendees will have the unique opportunity to interact with other conference attendees, engage with world class speakers, and connect with sponsors on our brand new state-of-the-art virtual platform. 

Join us as we move into the future.  Register today!

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Scholarship: Constantine G. Callas Progressive Educational & Work Ethic Memorial - Deadline Approaching!


The Constantine G. Callas Progressive Educational & Work Ethic Memorial Scholarship is an equal opportunity scholarship open to all employees at New Jersey financial institutions who are committed to continuing education in the field of finance and whose financial institution is a member of the New Jersey Bankers Association.

Annual Award to be used for New Jersey Bankers Emerging Leaders School; Colorado School of Banking; American Bankers Association or Independent Community Bankers Association Schools; Masters; Adult Continuing Education; Certifications in Banking Disciplines (tuition or books)

Application Deadline:
Applications must be received by email no later than close of business on Monday, October 12, 2020
 
Application Submission:
Submit applications to esuckiel@njbankers.com
 
Notes:

• One applicant will be selected from submissions received by October 12, 2020
• Winner will receive a one-time $2,000 stipend
• Winners will be notified on October 22, 2020
• Winners will be presented with award virtually on November 5, 2020 during NJBankers virtual Rising Star Awards Event

Click here to apply!

 
Industry News

ABA, Trade Groups Make Urgent Push for More PPP Funding, Streamlined Forgiveness
With time running out before Congress adjourns ahead of the November elections, ABA joined nine financial trade associations in a letter yesterday urging congressional leaders to immediately pass standalone legislation that would allow for additional funding for the Paycheck Protection Program and streamline the forgiveness process for PPP borrowers.

Nichols Asks Bankers to Call Congressional Leaders on PPP Legislation
Given the urgency of PPP forgiveness, ABA President and CEO Rob Nichols sent a CEO Update yesterday asking bankers to call House and Senate leaders in support of S. 4117 and H.R. 7777. Bankers can connect easily to the Capitol Hill switchboard through ABA’s grassroots platform,

FinCEN’s Blanco Urges Banks: Be Specific When Filing COVID-19 Related SARs
Banks filed more than 64,000 Suspicious Activity Reports referencing COVID-19 and related stimulus programs—about 71% of all coronavirus-related SAR filings, Financial Crimes Enforcement Network Director Ken Blanco said yesterday. A majority of these SARs referenced suspected fraud against federal or state relief programs.

 
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.

 
 






Other Industry Meetings
View Other Meetings

Upcoming Webinars

October 14th
Directors College

October 19th
Delaware Trust Conference Virtual Conference 

October 22nd
Enterprise Risk Management Conference Virtual Conference 

October 27th and 28th
BSA Conference

November 4th

CFO Conference W/FMS, NY/NJ Virtual Conference

November 5th
Rising Star Awards

November 12th & 13th
Banking on the Future Conference

See njbankers.com for details.

 
Rutgers releases Regional Report on "Coronavirus Economic Recovery Continues: New Jersey and the Nation-Not Yet Back to the Future"

Check out Rutgers monthly Rutgers Regional Report monthly series that tracks the economic contraction and (eventually) our recovery.

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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!

 


 NJBankers virtual ERM Conference will keep you up-to-date of the latest developments and trends within enterprise risk management to help you make a meaningful impact on your bank.
  
Attendees will explore current issues of the day surrounding public policy and the election.  Understand the issues facing New Jersey such as the marijuana referendum, the state bank and the state budget.

Discover new strategies for balance sheet management for Earnings, Liquidity, Capital and ALM.  Gain new insights into the credit cycle and will understand the potential impact as well as forecasting best practices. Register today!

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BSA Day 1: 5 CPE - 5 CLE - ACAMS & CRCM will apply
BSA Day 2: 5 CPE  - 4 CLE - ACAMS & CRCM will apply

The COVID-19 pandemic has had a major impact on the BSA/AML risks that banks face, with law enforcement reporting an increased risk in financial crimes and criminal activity.  It is crucial that your bank properly manages and maintains a sound BSA program to mitigate risk.

NJBankers virtual BSA Conference offers an in-depth look at BSA/AML risks and provides attendees with an actionable response strategy. BSA Fundamentals on Day 1 of the conference features expert Dianne Barton, President, Performance Solutions Group.  Dianne will cover BSA/ALM hot topics including the five pillars of a BSA/AML compliance program, the USA PATRIOT Act, BSA reporting and record keeping, and record retention.

BSA Advanced on Day 2 offers a deep dive on timely topics including recent FinCEN regulatory advisories, a guide to onboarding, how to utilize data analytics to support your programs, and SAR narratives and COVID-19 fraud.  Protect your bank and your customers.  Register today!

Read More

 

 
Upcoming Events

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. 

CFO Conference
Thursday, November 4, 2020
9:00 am – 12:30 pm - 3 CPE & 1 CLE will apply

In the rapidly changing banking landscape, Chief Financial Officers are navigating major changes across the industry from new technologies to changing customer expectations.  A CFO’s ability to successfully navigate these changes plays a critical role in a bank’s success.

Attendees of the virtual CFO Conference will gain insight into the emerging trends that are changing the role of Chief Financial Officers in the lively CFO panel discussion.  Explore accounting hot topics including TDR, CECL and Allowance from a range of industry experts.   Learn new information on the M&A environment and discover where consolidation will likely be headed as a result of the COVID-19 pandemic.

Learn how to navigate the new banking landscape, register today!

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!

 


 

 
NJBankers Welcomes New Members

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

Friedman LLP
Frenkel Lambert Weiss Weisman & Gordon, LLP
Stout Risius Ross

 
Member News

Bank of America provides 450,000 face masks to underserved NJ communities
In the Garden State, Bank of America is partnering with a number of organizations – including Bergen County’s United Way, HomeFront, Interfaith Neighbors, United Way of Greater Newark and Trenton Area Soup Kitchen – to provide personal protective equipment, specifically a total of 450,000 masks.

BCB Bank names chief lending officer, business development manager
BCB Bancorp in Bayonne named David Garcia senior vice president and chief lending officer and Vince Davis vice president and business development manager.

Kearny Bank ups Ross to senior vice president, treasury management leader
Kearny Bank announced that Veronica Ross was elevated to the post of senior vice president and treasury management leader.

NVE Bank Awards $100,000 in Grants to Bergen County Restaurants and Donates $10,000 to Local Food Pantry
NVE Bank has awarded $100,000 in grants to locally owned full-service restaurants within Bergen County that have been impacted by COVID-19. The Bank also made a $10,000 donation to the Office of Concern Food Pantry at St. Cecilia’s in Englewood. Earlier this summer, NVE awarded $100,000 in grants to Bergen County non-profit organizations.

Peapack-Gladstone Bank Hires New Senior Vice President
Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank announced the appointment of Elisa DePalma, Senior Vice President, Head of Commercial Closing, Credit Risk Management. 

SB One Insurance Agency Supports High Point Regional High School Education Foundation
SB One Insurance Agency and the Selective Insurance Group Foundation have partnered to support the efforts of High Point Regional High School Educational Foundation through a $1,000 grant.

Spencer Savings Bank hires SVP, director of retail sales and service
Robert Vivo was hired as Spencer Savings Bank‘s senior vice president and director of retail sales and service.

 

 

 
Endorsed Service Provider News

Vining Sparks' 4Q Economic Outlook Webinar: The Winding Road to Economic Recovery
October 6, 2020 at 10:00 AM CDT
The economic recovery from the Covid pandemic has taken shape with some sectors rebounding quickly and others languishing. Going forward, the path of the virus will determine consumers’ ability and willingness to resume their normal economic activity. In our fourth quarter Economic Outlook webinar, they will look at how different sectors of the economy have fared and highlight why the path to recovery is expected to remain slow. Additionally, they will discuss the longer-term costs of protecting the economy during the outbreak, the 2020 elections, the Fed’s new policy framework, and expectations for interest rates to remain low for the foreseeable future.

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.

 
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

COCC Named a Top Workplace for 10th Consecutive Year
COCC has once again landed among the Top Workplaces in Connecticut according to feedback from employees. COCC ranked second among large businesses with more than 500 employees, moving up one place from third last year. The company also received a special distinction as having the top managers in the survey. This year’s distinction marks the tenth consecutive year COCC has appeared on the list.

Riker Danzig Welcomes New Associates Daniel A. Bloom, Michael V. Caracappa and Robert P. Vacchiano
Riker Danzig Scherer Hyland & Perretti LLP is pleased to welcome three new associates: Daniel A. Bloom, practicing in the Firm’s Bankruptcy and Reorganization Group; and Michael V. Caracappa and Robert P. Vacchiano, both practicing in the Firm’s Insurance and Reinsurance Group.

 

 
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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