New Jersey Bankers Association
February 13, 2013

Increase Your Boardroom Intelligence

Boardroom intelligence is more important than ever and NJBankers Directors and Managing Officers Conference will help guide your board for the challenges ahead. We have assembled a program of outstanding speakers to give your directors a deeper understanding of the strategic role they play for the financial institution.

The conference kicks off with a View from Washington by Matt Williams, Chairman, American Bankers Association, and Chairman and President, Gothenburg State Bank.

The program will also include a panel moderated by Steven Lubetkin, Lubetkin Communications LLC/Professional Podcasts, LLC, who will lead a discussion on the complexities and opportunities when changing your bank’s branding.  The panel will also include, Scott Agnoli, Vice President of Investors Bank, Angela Snyder, Vice Chairman and CEO of Fulton Bank of New Jersey,   Frank Sorrentino, III, Chairman and CEO of ConnectOne, and Anthony C. Weagley, President and CEO of Union Center National Bank. All panelist’s banks have recently undergone rebranding exercises so learn from their experiences.

The panel will be followed by two sessions on “Succession Planning – More than Just Choosing the Next in Line” with Thomas P. Hutton, Esq. of Kilpatrick Townsend & Stockton LLP and “New Jersey Banking Landscape 2013” with Robert Kafafian of The Kafafian Group, Inc. Wrapping up the day will be Joel L. Naroff, Ph.D., Naroff Economic Advisors who will provide an Economic Update.

Sponsorship Information:  Last year’s program attracted over 250 attendees – this event is a great opportunity for service providers to gain exposure to these influential leaders and demonstrate their support for the Association and the banking industry in New Jersey. Contact: Jenn Zorn, VP/Director of Education and Business Development at jzorn@njbankers.com or 908-272-8500, ext. 611.

Thank you to our sponsors:

Aetna, Inc.
Crowe Horwath

Click here for program and registration information.


In Memoriam - Thomas Bentkowski

With sadness, we report the passing of Thomas Bentkowski, 76, on February 8, 2013.  Tom was president & CEO of Pulaski Savings Bank, headquartered in Springfield, New Jersey. He served on the New Jersey League of Community Bankers’ Board of Governors in the 1999-2000 fiscal year.  Tom was born in Newark and grew up in Irvington. He graduated with high honors from Rutgers University and the American Savings and Loan Institute. He served in the Naval Reserves and held a Master Plumbers License. He was a member of the Polka Maniacs, Brick Elks, Irvington Optimist Club, Trailblazers Hunting Club, Warren County Rod and Gun Club, and The Polish Cultural Foundation. Tom is survived by his wife, Barbara Bentkowski.

Family and friends are invited to a visitation on Wednesday, February 13, 2013 from 2:00 p.m. to 4:00 p.m. and 7:00 p.m. to 9:00 p.m. at Higgins and Bonner Echo Lake Funeral Home, 582 Springfield Ave., Westfield, NJ, 07090 (www.higginsandbonner.com). Services will take place at Calvary Lutheran Church, 108 Eastman Street, Cranford, NJ, 07016, on Thursday February 14, 2013 at 11:00 a.m. 

In lieu of flowers, contributions to St. Jude Children’s Research Hospital or The Leukemia and Lymphoma Society would be appreciated by the family.

 


Empowered Women Sharing Success Strategies

Join us for our third annual one day conference devoted to the development of women’s leadership.  Successful women managers and leaders from New Jersey financial institutions and affiliated professional groups share their experience and knowledge with future leaders.
 
Linda Bowden, New Jersey Regional President of PNC Financial Services will be the morning keynote speaker, where she will give her perspective on surviving changes.

Attendees will have opportunity throughout the day to attend two out of our three panel discussions, panels include: Mergers & Acquisitions: Managing Change for Career & Success with Barbara Tosi-Renna, Consultant to the CEO and COO of Garden State Community Bank and Ana Oliveira, Senior Vice President/Regional Manager of Investors Bank.  Work / Life Integration 2.0 – Getting to Specifics with Marian Sorrentino, Senior Vice President/BSA Officer of First Bank, Janine Akey, Director of Metuchen Savings Bank, Mary Ann Deacon, Chairwoman of Lakeland Bank and Elizabeth Randall, Director of Columbia Bank.  Paths to Success – The Journey Continues with Lynn Van Borkulo-Nuzzo, Esq., of Saddle River Valley, Peggy M. Deehan, Senior Vice President/Senior Client Manager for Global Commercial Banking of Bank of America, N.A., Elizabeth Magennis, Executive Vice President/CLO of North Jersey Community Bank and Andrea T. Onorato, First Senior Vice President of Valley National Bank.

Wrapping up the morning will be our luncheon speaker Michele N. Siekerka, Esq., Chairwoman of Roma Bank who will speak on “Knowing Your Worth.”  After the luncheon speaker, attendees will have the option of again choosing one of three concurrent panel sessions. 

WHAT LAST YEARS ATTENDEES SAID:
 “Exceeded my expectations. I am motivated and ready to change the corporate world!”

Wonderful empowering conference.”

Great day, very informative, so glad I was invited to attend.”

This is a great conference…I hope to come back next year.”

WHO SHOULD ATTEND:  The Women in Banking Conference welcomes members of any financial institution or financial services provider interested in the enhancement and career growth of women in New Jersey. 

EXCITING NEWS:
NJBankers is excited to announce that we are partnering with HomeFrontNJ.  We are asking attendees to bring with them slightly worn business attire and children’s clothing to donate to families in need. 

HomeFronts mission is to end homelessness in Central New Jersey by harnessing the caring, resources and expertise of the community. They lessen the immediate pain of homelessness and help families become self-sufficient.

They work to give their clients the skills and opportunities to ensure adequate incomes, and we work to increase the availability of adequate, affordable housing. They help homeless families advocate for themselves individually and collectively.

NJBankers donation table will be staffed by a team of bank employee volunteers for guests to make donations. 

HomeFront's Critically Needed Items:
• Fans
• Air Conditioners
• Snack Foods in kid-sized packages
• Juice Boxes
• Newborn-sized diapers
• Booster & Car Seats
• Large-size women's clothing
• Silverware
• Personal Care Items (soap, toothbrushes, shampoo, conditioner)
• Dishes & Cups
• Baby Items (clothes, strollers, cribs, diapers)

www.homefrontnj.org

NJBankers would like to thank our early sponsor for their support:

Gold Sponsor- Lakeland Bank

Silver Sponsor - Valley National Bank

FULL CONFERENCE PROGRAM and SPONSORSHIPS AVAILABLE ONLINE!

Click here for program and registration information.

 


Fed Taps Greater Philadelphia Chamber Members to Give Views on the Regional Economy

The Federal Reserve Bank of Philadelphia’s Research Department conducted a survey of more than 200 Greater Philadelphia Chamber of Commerce members to get their views and outlook on the local economy. The survey, conducted between November 28 and December 14, 2012, was designed to give a perspective on the region’s economic competitiveness and the issues that will affect the business community in the coming year.

The survey’s participants answered questions about business activity in the region and their specific business challenges. Respondents were optimistic about business activity in the year ahead. More than half of the respondents said that business conditions changed for the better in 2012 over 2011. About 66 percent of the survey participants said they expect business conditions for their company to improve in 2013; 12 percent expect a decline.

To review more survey results, click here.


NJBankers Field 112 Media Calls in 2012

True to our mission statement, NJBankers provides our members with services and support in public and media relations. In 2012, NJBankers fielded 112 media calls and the top issues were foreclosures; the availability of credit; credit unions and their tax advantage; attempts to increase the credit union business lending cap; municipal deposits; Bank Transfer Day; HARP; TARP and other timely issues. The association also provided input for several economic/financial forecasts.

NJBankers’ positions on these and other financial issues have been picked up statewide. Association President/CEO John E. McWeeney, Jr., and Senior Vice President/Director of Government Relations Michael Affuso were quoted in articles published by The Star Ledger and nj.com; The Record; the Courier News and Home News; the Asbury Park Press, the Burlington County Times; Courier Post; Daily Journal (Vineland); News of Cumberland County; Gloucester County Times; Trenton Times; Philadelphia Business Journal; Commerce; New Jersey Business; NJBIZ; Mercer Business; New Jersey Lawyer; Law 360; NJ Economic Development Guide; SNL Financial; State Street Wire; Inside Business; Business Edge and The NJ Journal of Banking.

John McWeeney appeared on several television/cable programs, including “One on One with Steve Adubato,” “NJ Today” and “Capitol Report” on NJTV. He was also interviewed by WOR radio on several occasions. NJBankers events and comments were also heard on 101.5 FM.

This past year, NJBankers developed and distributed an op-ed on credit unions and their tax advantage over banks that was picked up in much of the press. In opinion pieces, both The Record and mycentraljersey.com editors agreed with NJBankers positions in their editorials on HARP; the state of lending; foreclosures and affordable housing. Another op-ed was developed with NJBankers Chairman Kevin Cummings on the current status of TARP and addressed misconceptions about the program.

NJBankers also meets with the Editorial Boards of major media in NJ as well as media in PA that cover NJ. Meeting with Editorial Boards enables the Association to present updates on the banking industry in NJ. We are joined by members located in the media’s market area and in this way, editors hear directly from bankers on how current events shape their financial institutions as well as general industry issues. NJBankers and members have met with the Editorial Boards of The Star Ledger, The Record, the Asbury Park Press, Atlantic City Press, Courier News, Home News, Courier Post, Trenton Times, NJBIZ , Easton Express, Philadelphia Business Journal  and the Associated Press.

 


The Provident Bank Names Matthew K. Harding to the Boards of Directors

Provident Financial Services, Inc. announced that Matthew K. Harding has been named to the Boards of Directors of the Company and its wholly owned subsidiary, The Provident Bank.

Mr. Harding is the president and chief operating officer and member of the board of directors of Levin Management Corporation – a leading retail real estate services firm – and has served in that capacity since 2001. He supervises the firm’s day-to-day management and administration and plans its long-term strategy. Previously, Mr. Harding served as the firm’s senior vice president and deputy chief operating officer for five years. He has more than 25 years of real estate industry experience.

Mr. Harding is a graduate of Hamilton College with a bachelor’s degree in economics and is a certified commercial investment member (CCIM).  He also is vice president of The Philip & Janice Levin Foundation.  In addition, Mr. Harding is a noted shopping-center industry speaker and panelist, and has appeared as a commentator on radio and television programs discussing real estate and economic trends.


Valley National Bancorp and Valley National Bank Promote Ira Robbins to Executive Vice President - Treasurer

Valley National Bank has promoted Ira Robbins to executive vice president - treasurer.

Mr. Robbins joined Valley National Bank in 1996 as part of the Bank’s Management Associate Program.  He is currently responsible for asset and liability management, debt and capital management, liquidity management, strategic planning, budgeting and derivative management.  Mr. Robbins also participates in corporate development initiatives and oversees the management of the Bank’s Payroll Department.

Mr. Robbins received a Bachelor of Science Degree in finance and economics from Susquehanna University and received his Masters of Business Administration Degree in finance from Pace University.  He is also a graduate of the Stonier Graduate School of Banking.  Mr. Robbins is a Certified Public Accountant in New Jersey and a member of the New Jersey Society of Certified Public Accountants and the American Institute of Public Accountants. 

Mr. Robbins is a resident of Montville, NJ and was formerly a First Senior Vice President.


Century Savings Bank Names David L. DeBellis Chief Financial Officer and Peter Bertram Senior Vice President

Century Savings Bank announced the appointment of David L. DeBellis as chief financial officer and senior accountant and Peter Bertram as senior vice president.

Mr. DeBellis will have responsibility for all of Century’s finance, accounting, tax, and investor relations functions. He brings over 25 years of accounting experience with an extensive background in financial accounting. He most recently served as Partner and Senior Accountant of Schalick, Gressman, Repice and DeBellis, PC. Prior to that role, he was a Senior Accountant for Ford, Scott, Seidenberg and Kennedy, CPA and the William Thomas Athey Company CPA. He holds a Bachelor of Science degree in accounting from Stockton State College and is an active member of the New Jersey Society of Certified Public Accountants (NJSCPA) and American Institute of Certified Public Accountants (AICPA).

Mr. Bertram joined the company in May 2007, as a vice president and commercial lender. In his new role, Mr. Bertram will be responsible to oversee all lending functions of the bank and will also assume executive management responsibilities. Prior to joining Century Savings Bank, he has held senior level positions at numerous financial institutions, including Minotola National Bank and Mellon Bank.


David Mitchell Joins COCC as Chief Partnership Officer

David Mitchell has been named senior vice president and chief partnership officer at COCC where he is now responsible for the company’s corporate and product marketing strategies, as well as all new business development. Mr. Mitchell is charged with continuing COCC’s remarkable growth by promoting the company’s proven high tech/high touch partnership that has consistently delivered outstanding information technology services to the financial industry.

Mr. Mitchell arrives at COCC with more than 20 years of experience in promoting and delivering breakthrough technology to the financial industry. Most recently, he served as executive vice president and chief product officer responsible for global product strategy and new product development at Open Solutions, Inc.. He also served as chief marketing officer at Open Solutions, Inc. as well as president and general manager of their e-Commerce and strategic products divisions. He has received awards from the American Management Association, the Harvard Law School Consortium and the Center for Creative Leadership. Mr. Mitchell was named one of the Top Forty under Forty executives in Connecticut by the Hartford Business Journal and named one of the Top Five Chief Marketing Officers of the year in the United States by the CMO Institute.


Learning, Leadership, and Inspiration at the 109th NJBankers Annual Conference

Please click here to view our dedicated Annual Conference page of our website for up-to-date information:

HOTEL ROOMS:  Hotel reservations must be made on an individual basis directly with The Breakers.  Reservations should be made as early as possible, but no later than April 13, 2013, since a portion of NJBankers unused room block may be released at that time.  Reservations requested after this date will be honored at the group rate subject to categorical availability.  All reservations must be secured by a deposit of one night room rate if paying by credit card.  All major credit cards are accepted.

Hotel reservations may be made:
(1) By calling the global reservations center at 1-888-BREAKERS (273-2537)
(2) Online at:  https://resweb.passkey.com/go/NJBA13
(3) Online through http://www.njbankers.com

ADVERTISING IN PROGRAM GUIDE – The Program Guide will be distributed to ALL conference attendees, and is a great way to advertise your firm’s products and services.

A full-page ad is approximately 3” X 7” (no color ads please, except for covers).  The ad can be submitted as a pdf or an eps file.  Note:  Ad space is limited, so hurry and fax this form to 908-272-6626.  E-mail ad to edemasi@njbankers.com.  Deadline for submission of ad is:  February 22, 2013.

SPONSORSHIPS - Sponsorships give your company maximum exposure and recognition to the conference attendees and provide another exceptional opportunity to forge new relationships.  Enhance your image by being one of the sponsors at NJBankers’ 109th Annual Conference.  Lock in your sponsorships early so that you will benefit from months of pre-conference publicity!  Please follow link below for an updated sponsorship form.

For sponsorship opportunities please follow the link below for a full listing of events as well as pricing or please contact Jenn Zorn at 908-272-8500, ext. 611 or jzorn@njbankers.com

Thank you to the following sponsors:

PLATINUM
Aetna, Inc.
Bank Financial Services Group

DIAMOND
Investors Bank

GOLD
Lakeland Bank
Stifel Nicolaus Weisel

 


Campaign Finance Seminar - Compliance in the Political Process

Join NJBankers and our Legal Committee as we present our Campaign Finance Seminar geared for bankers and attorneys. Rebecca Moll Freed, Esq. and Gregory Nagy, Esq., of Genova Burns Giantomasi Webster’s Corporate Political Activity Practice Group, will discuss the latest developments in campaign finance law in New Jersey and the pitfalls and practicalities of campaign donations for banks and other regulated industries.

The program is essential for those tasked with ensuring the compliance of entities seeking to participate in the political process, who should be aware of the recent case law and many recent changes in regulations.

Topics:
• Regulated Industry Ban
      a.  Prohibited contributions
      b.  Employee CPCs (or PACs)
      c.  Contribution limits
      d.  Ballot initiatives and independent expenditures
 
• Pay-to-Play
a. State
b. Local
c. Annual disclosure
 
• Gift Rules
 
• Recommendations for Compliance

Sponsorship Information:  Please contact Jenn Zorn, VP/Director of Education and Business Development at jzorn@njbankers.com or 908-272-8500, ext. 611.

Event Sponsors $500 each

Click here for program and registration information.


Employment Law Update- NEW

The New Jersey Bankers Association is proud to offer the ever-popular Employment Law Update Seminar once again. 

Join your presenters as they lead the group through various legal risks in making employment decisions and explore the activities employers can take to minimize those risks. 

Highlights:

  • Peeling Back the Wage and Hour Onion:  How to Identify and Mitigate Layers of Liability Without Shedding a Tear
  •  
  •  Email privacy concerns
  •  
  • Issues we Face Accommodating Employees with Disabilities
  •  
  • National Labor Relations Board Rulings and Employer Restrictions on the Use of social Media
  •  
  • Managing the Potentially Violent Employee

Who Should Attend?
This seminar is designed for human resources employees, directors, branch managers and attorneys.

Sponsorship Information:  Please contact Jenn Zorn, VP/Director of Education and Business Development at jzorn@njbankers.com or
908-272-8500, ext. 611.

 Event Sponsors $500 each

Click here for program and registration information.

 


Are You Prepared for the New Residential Mortgage Regulations?

Join New Jersey Bankers for our first Mortgage Regulations Revolution seminar.

A huge volume of new residential mortgage regulations poured out of the Consumer Financial Protection Bureau in January 2013, impacting every operational part of the residential mortgage product.   The Financial Services Regulatory Group of Reed Smith’s Princeton office, Robert Jaworski, Esq., and Travis Nelson, Esq., will help you prepare for the January, 2014 effective date. 

A review of important changes that impact the consumer lending and mortgage lending/servicing functions of our banks will also be discussed.

Highlights:
• Ability to Repay/Qualified Mortgage – Preparing for January 2014 
• Mortgage Servicing – The New Regulatory Regime
• Loan Originator Compensation Rule
• Other CFPB Regulations:  Escrow, High Cost Mortgage, & What is Coming

Who Should Attend?
This seminar is designed for mortgage lenders, mortgage servicers, mortgage originators and bank attorneys.

Sponsorship Information:  Please contact Jenn Zorn, VP/Director of Education and Business Development at jzorn@njbankers.com or 908-272-8500, ext. 611.

Event Sponsors $500 each

Click here for program and registration information.


Board Reporting, Passwords, and Safeguarding Against Social Engineering at Bank Security Workshop

National Security Update and Robbery Prevention
Robbery prevention has changed over the last five years!  New standards have emerged from cameras to how people respond before, during and after a robbery.  The FBI has introduced a new program in Texas known as “Bandit Shield!”  This session will provide a new review from gun control to how the back office should be prepared and respond during a robbery event.

Board Reporting: The Security Perspective
Banking regulations specify that the security officer must report to the board annually. The regulations require that a report be made addressing the implementation, administration and effectiveness of the security program. What exactly the security officer should report to the board is not clearly identified in the regulations. This interactive session will review best practices relating to training, inspections and foreseeable events that should be reported to your board.

Passwords: Safeguarding Against Social Engineering
“Hack Them, Steal Them, Crack Them” Passwords are the main form of protection for many applications inside your bank.  Even with multiple levels of protection the password is still an integral key to gaining control of your computer system. This eye-opening program shows the steps a hacker, social engineer, family member or friend uses to obtain your passwords.  You will learn about websites that can be used to develop the information necessary to crack your password. We will show you places people have used to hide their passwords that are commonly known by criminals.  After showing you how easily passwords can be compromised we offer ways to toughen your own password. The mobile world is not forgotten either!  You will learn about problems affecting mobile phones, iPhones, iPads and Androids.   This dynamic program ends discussing future remedies being worked on now to help solve the problems with passwords.

Who Should Attend: Marketing directors, branch managers, head tellers, platform personnel, call center employees, human resources professionals, auditors, operations and security personnel or anyone who needs additional security training.

Sponsorship Information:  Please contact Jenn Zorn, VP/Director of Education and Business Development at jzorn@njbankers.com or 908-272-8500, ext. 611.

Event Sponsors $500 each

Click here for program and registration information.

(NEED LINK)


Show Washington that We Are Part of the Solution

The ABA’s Government Relations Summit is your opportunity to educate lawmakers and regulators about the vital role banks play in the economy. Join us in the nation’s capital April 15 – 17, 2013. Last year, over 1,100 bankers attended this important event.

Creating jobs. Growing businesses… with a new Congress in session, it’s time to meet with new leadership and advocate for policy change to support the banking industry. Help us explain how New Jersey’s banks are more important than ever for revitalizing our communities in the wake of Superstorm Sandy.

The Summit is a wonderful opportunity to hear industry leaders speak on timely, important issues and to network with your peers.  We hope to have a good turnout of New Jersey bankers, particularly for our important Hill visits to the New Jersey Congressional delegation.  Our Hill visits will be followed by a special dinner for the NJBankers group at the Capitol Hill Club.

The Summit will be preceded by the ABA Mutual Community Bankers Conference on April 14th and 15th and be followed by the ABA Women's Leadership Forum on April 17th.

As we look to the future of the industry, young bankers can clearly impact policymakers and help us shape the debate in Washington as well as in Trenton. Like last year, the ABA is offering one $500 scholarship per state for the Young Banker Program as a way to get more emerging bank leaders involved in the Summit. This amount will help to offset travel expenses.

NJBankers again invites bank Managing Officers to nominate an emerging leader from your bank to apply for this scholarship.  Just send the name and contact information of your emerging leader to Lauren Barraza at lbarraza@njbankers.com by March 15, 2013.  The only requirements are that the banker nominated be under the age of 40 and be an officer in your bank.  We will pick the winner's name out of a hat and notify everyone accordingly.  We hope that you would consider bringing an emerging leader from your bank to Washington anyway, but this offers a little more incentive.

For more information, visit www.njbankers.com.


Get Updates on Today's Residential and Commercial Mortgage Markets

Join us for our 25th Annual Lending Conference. 

NJBankers has designed a conference that is timely, informative and intended to keep you up-to-date on the latest developments in today's residential and commercial mortgage markets. 

Your morning will begin with a Regulatory Panel, allowing you and your staff to “Get the Big Picture” on regulations affecting our industry.  Joining the panel will be Robert Macrae of the Federal Deposit Insurance Corporation, Mike Finn of the Office of the Comptroller of the Currency and representatives from the New Jersey Department of Banking and Insurance and Consumer Financial Protection Bureau. Following the regulatory panel will be Edward Butler, Esq. of McCarter & English, LLP who will discuss case law affecting the lending industry. After a break with our exhibitors, attendees will be able to choose between our Residential panel, that will deal with compliance issues, QM appraisals, servicing and HOEPA, moderated by Travis Nelson of Reed Smith, LLP and our panelist Robert Jaworski, Reed Smith, LLP or our Commercial Lending panel “Landmines for Commercial Lenders” with our panelists, Matthew DeVoe, Environmental Data Resources and Lee Wasserman, LEW Corp.  After our luncheon, we will have a presentation on the Economic Outlook for 2013 presented by Dr. William C. Dunkelberg, of Temple University.

The conference will conclude with Scott Polakoff, FinPro Inc., who will speak on “What Top Performing Lenders Have in Common”.

This year’s program will have something for all lending professionals as well as your compliance department.  Lenders are urged to share this program with their compliance department so that all divisions can be compliant.  In today’s lending environment, your bank cannot afford to miss this opportunity to learn new solutions to old problems.

Sponsorship/Exhibiting Information:  Please contact Jenn Zorn, VP/Director of Education and Business Development at jzorn@njbankers.com or 908-272-8500, ext. 611.


Click here for program and registration information.

 


Stay Abreast of Industry Standards and Regulations

Developments in Bank Security: What’s New? What’s Next?
• Bank robbery: trends, threats, and tips
• Latest lessons learned – disaster planning/ and response to emergencies
• Workplace violence – active shooter, hostage threats, and executive protection
• Skimming and scamming in the 21st century
• Your expanding toolbox: from physical security and surveillance to facial recognition
• Current, pending and past litigation affecting bank security

Security Officer’s Responsibilities: BPA and Beyond
• Security training from the front line to the board – what they want need to know
• Preparing the annual security report
• Security-related property/injury liability issues for employees and customers
• Security inspections and surveys: CPTED and beyond
• Tips in case management
• Interview/interrogation techniques

Security Risks with Social Networking and Social Media
• What’s in your policy – risks and rewards?
• What do employees and customers say on the Internet or networking sites?
• Dangers of smart phones & tablets in the workplace
• The impact of social engineering

Focus on Fraud Risk and Prevention
• In-depth cases on check and debit-card fraud
• ID theft and online banking
• Elder exploitation, fraud, and financial abuse
• Third party merchant services – from card fraud to vendor management

Who Should Attend? A one-day continuing education security seminar for anyone with responsibilities in bank security, risk management, bank operations or administration, legal counsel and fraud prevention.

Why You Should Attend This Comprehensive Security Seminar:
• The best value in financial institution security training
• Timely subject matter chosen by financial institution security professionals
• Broaden your professional knowledge
• Stay abreast of industry standards and regulatory imperatives
• Network with your counterparts at other institutions
• Learn problem solving tips and techniques
• Actively participate in or just observe and listen
• Have NABS and PPL in your corner as an ongoing resource

Sponsorship Information:  Please contact Jenn Zorn, VP/Director of Education and Business Development at jzorn@njbankers.com or 908-272-8500, ext. 611. Event Sponsors $500 each

Click here for program and registration information.

 


Everything You Need to Know About Advanced IRA Issues Compliance

PLEASE NOTE THIS SEMINAR WILL NOW BE HELD AT NJBANKERS ASSOCIATION IN CRANFORD, NJ

NEW-  LEARN ABOUT THE RULES FOR QUALIFIED CHARITABLE CONTRIBUTIONS, ENACTED BY THE AMERICAN TAXPAYERS RELIEF ACT OF 2012!

Earn 5 CLE and 5 CPE Credits

Anyone can stand at a lectern and spout rules and regulations.  The challenge is to make sure people understand what the rules mean and how to apply them in everyday situations.  This Advanced IRA Issues Compliance Seminar is an exceptional, hands-on workshop that will provide critical information on IRAs and tax-favored savings plans in terms you can readily understand.  What's more, you'll be encouraged to ask questions, share ideas, and work together with your peers throughout the state to solve real-life IRA problems -- all in a relaxed and supportive atmosphere.  The Annual Advanced IRA Issues Compliance Seminar will cover the following topics:

IRA Contribution Update:
*The income limits for Roth IRA contributions for 2012 and 2013
*The income limits for Traditional IRA deductibility for 2012 and 2013
*The income limits for the Savers Credit eligibility for 2012 and 2013

Rollovers & Transfers Between IRAs:
*Moving funds between IRAs of the same type
*Applying the one-rollover-per-year rule
*Applying the 60-day rollover rule
*Converting Traditional IRAs to Roth IRAs
*Advanced  IRA Rollover issues

Rolling Between IRAs & WRPs:
*Direct rollover rules for non-spouse beneficiaries
*Rolling over from a Workplace Retirement Plan (WRP) to an IRA
*Determining rollover eligibility
*The direct rollover rules
*Reporting requirements that apply to rollovers and direct rollovers
*Advanced WRP Rollover Issues

Traditional IRA Required Minimum Distribution Rules:
*When distributions must begin
*How to calculate required minimum distribution amounts under the final regulations
*When to use the uniform lifetime table
*When to use the joint life expectancy table
*How the rules for transferring required minimum distributions work
*The rules for Qualified Charitable Contributions (enacted by American Taxpayers Relief Act of 2012) NEW

You will learn about
Traditional and Roth IRA Death Distribution Rules:
*The options available to beneficiaries
*An explanation of the five-year rule
*The additional options available to surviving spouses
*Complex IRA Beneficiary issues
*The rules for Qualified Charitable Contributions (enacted by American Taxpayers Relief Act of 2012) NEW

Sponsorship Information:  Please contact Jenn Zorn, VP/Director of Education and Business Development at jzorn@njbankers.com or 908-272-8500, ext. 611.

Event Sponsorship $500 each

Click here for more information.


The Ins and Outs of New Foreclosure Procedures

As you know, New Jersey is the national laggard when it comes to homes in foreclosure.  What you may not know is that New Jersey did not have the most foreclosures.  Why the discrepancy?  Why does it take 900 days to foreclose on a residential property?  What are some of the solutions?

New Jersey passed a new far reaching foreclosure law which expedites foreclosures on vacant and abandoned properties.  Under the new law, we believe the foreclosure timeline for affected properties will diminish from 900 days to 75 days.  The new law will be effective on April 1, 2013.

This seminar is intended to guide institutions in following this new procedure.  It will review the law changes over the past five years concerning foreclosure and help institutions to navigate the pitfalls of the process while demonstrating the usefulness of the new law. 

Sponsorship Information:  This event is a great opportunity for service providers to gain exposure to these influential attendees and demonstrate their support for our industry. Contact: Jenn Zorn, VP/Director of Education and Business Development at jzorn@njbankers.com or 908-272-8500, ext. 611.

Event Sponsorship $500 each

Click here for program and registration information.

 


1st Annual Bank G.R.O.W.T.H. Executive Conference in Conjunction with mOSa eBank Marketing Services

This new conference is designed to help banks adapt and obtain a G.R.O.W.T.H. mindset, to Gain Revenues by Organizational Wins Through High Level Leadership, regardless of the environment surrounding the banking industry today.  There are four major points that will be touched upon during this action packed thought provoking full day program that will help your bank grow. 

The conference will kick off with a presentation by Tom Geisel, President and CEO of Sun National Bank on the importance of investing the resources of your bank by strategically utilizing and unifying all departments, technology and people towards building and being “a growing entity”.  Next up, John Siracusa, President and CEO of mOSa eBank Marketing Services will provide insight on how banks stimulate growth by evolving and implementing an effective and Strategic Bank Marketing Strategy.   Next, Ken Emerson, First Senior Vice President and Chief Risk Officer of Boiling Springs Savings Bank will shed light on how to strategically focus your banks technology investments to integrate with the growth goals of a bank and avoiding unneeded technology cost pitfalls.  Finally, attendees will hear from David Ceci, Esq., Vice President and Director of Compliance from Northfield Bank to discuss - how compliance should play a supportive role in streamlining the compliance process and adding to the growth goals of your banking organization.

The conference concludes with an open panel discussion between all presenters.  Attendees will have an opportunity to ask questions and discuss the potential solutions they are seeking.   

Who Should Attend:
This program was created and is intended for CEOs, CMOs, COOs, CTOs, Board Members, and all senior level management involved in a banks growth strategy. 

Click here for program and registration information.


Publicizing Your REO Property- FREE Webinar

REOdeedwagon is presenting three free web seminars to demo the options available with the new product on:
 
Feb. 19th - 3:00 pm EST
Feb. 26th - 3:00 pm EST

Please click here for registration form. Once registered, links will be sent out for web seminar access.
 
For any questions regarding REOdeedwagon.com, please contact Jenn Zorn, VP, Director of Education and Business Development at NJBankers at 908-272-8500 ext. 611 or jzorn@njbankers.com .

ABOUT REODEEDWAGON.COM

NJBankers is proud to announce its newest service for our members. REOdeedwagon.com allows banks to showcase their real estate for sale in front of an audience of potential buyers that extends well beyond local markets. Created by bankers for bankers and their clients, REOdeedwagon.com provides buyers and sellers a simple, easy-to-use resource for identifying, acquiring or disposing of Real Estate Owned (REO) properties. These properties are in possession of the banks as a result of foreclosure or forfeiture.
 
Member banks register as users of REOdeedwagon.com, a site where they can list any REO properties they have for sale. Banks may list these properties anonymously, or they may choose to link them to their brand. These properties are then categorized to ease search functionality for site visitors. Each property listing contains detailed information about the property, plus contact information provided by the bank for either the bank itself or whomever the appropriate point of contact might be. This feature allows multiple properties all over the country to be listed together on one site (REOdeedwagon.com), thus making it simple for users to search for properties without having to visit the REO sections of every bank’s own individual site. This is one-stop-shopping for property buying at its most efficient.
 
What is REODEEDWAGON.com? Simply put, REOdeedwagon.com is a marketing tool, a management tool, discreet, and inexpensive.
 
Here’s how it works:
 1. Banks log on to REOdeedwagon.com and create an account.
 2. Banks upload their REO listings to the site.
 3. The NCBA markets the site and drives user traffic to REOdeedwagon.com.
 4. Interested parties contact the bank or broker using the information on the site.
 


NJBankers & Allstate New Jersey Announces Jersey Shore Relief Promotion

NJBankers and Allstate New Jersey announce Jersey Shore Relief - Restore the Shore Promotion exclusively for the member employees of NJBankers Association and Associate Members.

Here’s how it works:

• For every auto quote Allstate receives, they will send you a $10 pre-paid gift card

• $10 will also be credited on your behalf to the Shore Relief Fund

• Allstate New Jersey will match $10 to the Jersey Shore Relief Fund on your behalf

• NJBankers will match $10 to the Jersey Shore Relief Fund on your behalf

One auto quote will generate $30 to the Jersey Shore Relief Fund on the employees behalf
 
 Every NJBankers Association Member Employee or Associate Member employee who sends in an auto quote  will be entered into a grand drawing for 3 $100 Pre-Paid Gift Cards to be raffled off the end of March 2013.

For more information, click here.


Order Your 2013 New Jersey Financial Institutions Directory TODAY!

 NJBankers now has more members and associate members than ever before. This in-depth guide to the New Jersey banking industry is the place to get information about and contact information for banks and the companies who support them with products and services.

The directory includes information on:

  • bank holidays;
  • director, officer, location and financial information for New Jersey banks, thrifts, credit unions and other key financial institutions;
  • a guide to companies offering products and services to financial institutions; and
  • contact information for NJBankers officers, board of directors, staff and upcoming events.

By purchasing a directory, you also help support the association since the revenue generated from directory sales benefits NJBankers. Order your advance copy today to guarantee delivery. Directories will be distributed in February 2013. Please note that member managing officers and the primary contact from each endorsed, select and associate member will receive one free copy.

Contact Emily DeMasi at edemasi@njbankers.com or Allison Montellione at amontellione@njbankers.com for ordering information.  


Launch Event for New Northern NJ ACAMS Chapter

The Northern New Jersey ACAMS Chapter was formed to provide the anti-money laundering/anti-terrorism financing (collectively AML) community in the northern New Jersey area with a resource that provides support, guidance, training, and peer interaction for industry professionals.

This Chapter will actively support the goals of the international ACAMS association by being the premier AML organization in the northern New Jersey area, which includes Bergen. The Chapter will fulfill this mission by:

• Providing high-quality meetings, workshops, and networking events where members and non-members can build knowledge, enhance skills, and share experiences and expertise.

• Achieving recognition as an effective resource by promoting sound AML policies, procedures, effective practices, and international standards to the local community including AML professionals, academic institutions, government agencies, financial institutions, and law enforcement.

• Building strong relationships with other professional organizations in the greater Phoenix region having similar money laundering prevention interests.

• Responding to the needs of our members that arise from the diversity of AML responsibilities and the constantly changing money laundering methodologies.

This event is complimentary for AML professionals.

To register for this event, click here.


Junior Achievement Improves Financial Literacy through New Mobile Learning Center and Spring Bowl-A-Thon

Capital One Bank and Junior Achievement of New Jersey announced the grand opening of the new Capital One/Junior Achievement Finance Park mobile learning center in Newark. The center was donated to the community for permanent use by Capital One Bank. Mayor Cory Booker, Kenneth Kobylowski, Commissioner, NJ Department of Banking & Insurance and representatives from Capital One Bank and Junior Achievement of New Jersey were there to talk to the importance of introducing students to financial education at an early age and the value of financial literacy in today’s global economy.

The program begins with four weeks of intensive in-classroom financial education lessons, based on Junior Achievement’s nationally recognized curriculum. Then, students put their newly learned money management skills to the test in the interactive learning environment of Capital One/Junior Achievement Finance Park™, where students are assigned fictional jobs, incomes, families and expenses and must make real life financial management decisions concerning housing, transportation, savings, food, and entertainment. Volunteers from local NJ businesses mentor the students during their journey, helping them develop and stick to budgets based on their assigned fictional life situation. The new mobile financial literacy center is expected to provide more than 5,000 students in grades 7-12 in Newark and surrounding counties including Bergen, Hudson, Morris, Union and Warren with a hands-on experience in budgeting, saving and smart spending in the 2012-2013 school year. In the coming years, Capital One/Junior Achievement Finance Park™ will tour throughout New Jersey to expand its reach and impact. Around the country, more than 100,000 students have participated in Capital One/Junior Achievement Finance Park™. Capital One has invested more than $19 million and more than 10,000 Capital One associates have volunteered at JA Finance Park centers across the country to help students become more financially literate.

Additionally, Junior Achievement is hosting its 2013 Spring Bowl-A-Thon., Friday, April 5, 2013. Join Junior Achievement for a bowling party with a purpose. All funds raised empower New Jersey youth to own their economic success.

Every $660 raised supports one JA classroom!

Participate at one of these locations:
Hanover Lanes, East Hanover 5:30-7:30pm
AMF Strike n Spare, Green Brook 3:00-5:00pm & 5:30-7:30pm
Pin Street, Hamilton 7:00-9:00pm
Laurel Lanes, Maple Shade 5:30-7:30pm
Harmony Bowl, Middletown 5:30-7:30pm

Fulfill your CRA through Bowling & Volunteering with JA during National Financial Literacy Month

Support financial literacy education in schools of need across the Garden State. For more information, contact Stephanie Karpowicz at skarpowicz@ja.org.

 


Kearny Federal Savings Branch Managers Recognized for Excellence in Promoting Financial Literacy

April Huchko, AVP/Branch Manager of the Allenhurst Office and Caroline Glynn, AVP/ Branch Manager of the Ocean Grove Office of Kearny Federal were recently recognized for promoting financial literacy and educating senior citizens on protecting themselves from fraud.

Maria Coppinger-Peters, Kearny Federal’s First Vice President/Chief Compliance & CRA Officer presented them with an award for excellence in the Bank’s community outreach program by conducting financial literacy training to The Madonna House women’s shelter, the Cavalry Academy High School, the Boys & Girls Club of America and Asbury Park High School, as well as elder financial awareness classes at Leisure Park Village in Lakewood and Francis Asbury Manor in Ocean Grove.

Kearny Federal Savings Bank, a federally-chartered stock savings bank, has supported the communities it serves since 1884. The Bank has assets of $2.9 billion and operates 41 full-service banking offices in Bergen, Hudson, Morris, Passaic, Middlesex, Essex, Union, Monmouth and Ocean counties.

 


Millington Savings Bank Promotes Good Savings Behavior To Local Community Youth

Millington Savings Bank will be reaching out to young members of the local community to become smart savers by participating in America Saves Week from February 25 – March 2, 2013.  America Saves (www.AmericaSavesWeek.org) is a national campaign that encourages individuals and families to save money and build personal wealth.  As an incentive for kids to start their savings effort, Millington Savings Bank will add $20 to every new statement savings account that is opened for any child from birth to 18 years of age during this national campaign week.  Each young new saver will also receive a Millington Savings piggy bank, while supplies last.  The account may be opened at any of the bank’s five locations.

 


Franklin Township Welcomes Unity Bank at Ribbon Cutting for New Branch

Franklin Township Mayor Brian D. Levine and the Franklin Township Chamber of Commerce joined Unity Bank for a ribbon cutting ceremony welcoming the bank’s new full-service branch at 120 Cedar Grove Lane in the Somerset section of the township, its second Somerset County branch and 15th overall.
 
The new branch is located in the Cedar Grove Centre strip mall at the intersection of New Brunswick Road that had been vacant two years when another bank relocated. Levine was joined by Leon T. Hughes and Peter Stavrianidis, respectively the president and vice president of the Franklin Township Chamber of Commerce.
 
The full-service branch provides drive-up ATM and teller windows, safe deposit boxes, night depository and coin counting machinery, as well as a Unity Café with beverages and Internet access. Unity Bank has opened its Somerset doors with multiple specials for new personal or business account holders. Please visit www.unitybank.com/somerset or stop by the branch to learn more about the incentives. The branch is open six days a week: Monday through Wednesday, 8 a.m. – 3:30 p.m. and drive-up 8 a.m. – 5 p.m.; Thursday and Friday, 8 a.m. – 6 p.m., lobby and drive-up; and Saturday, 9 a.m. – Noon, lobby and drive-up.


Tell Your Bank's Story Through the 2012 Community Service Award Program

To recognize outstanding community service, the Community Service Awards were presented to members at the 2012 Annual Conference.

NJBankers wants to give your bank the opportunity to get the recognition it deserves for its community service initiatives.  The Community Service Award program highlights the significant impact New Jersey banks have on their local communities.  Without your help, we cannot tell your story.

We know that you are a vital part of the communities you serve.  We get your press releases and see your community initiatives in the media all the time.  But your participation in this program solidifies all you do in the communities you serve by highlighting your activities and giving you the opportunity to show it off. 

Here is what we will do with this information:

  • Legislators – During the 2013 ABA Government Relations Summit (April 15 - 17, 2013), we will once again present this compilation of community service activities to each member of our Congressional delegation.  Additionally, it will be provided to key state legislators because we have found some legislators underestimate the banking industry’s contribution to the communities they serve.
  • Recognition – Participants will be recognized by their peers at the 2013 Annual Conference at The Breakers in Palm Beach, Florida (May 15 - 19, 2013). 
  • Media – We will send the compilation to New Jersey media to prompt interest in your bank’s programs.

The Public Relations & Marketing Committee will again ask members of the New Jersey Chapter of the Public Relations Society of America to judge the entries.  Awards are selected by deposit size.

We ask that your bank submit 2012 community service highlights in the following format: 

  • 1-3 pages, with the option of including embedded photos in a pdf document with your bank’s logo;
  • Include a brief profile of your bank which could include asset size, number of branches, year founded, number of counties served, and number of employees;
  • List your top community service initiatives from calendar year 2012, with brief descriptions;
  • If possible, please identify projects by legislative districts since legislators are particularly interested in hearing about activities in their districts;
  • Include photo captions if you use photos.

Each NJBankers member CEO received a copy of the book in June.  Don’t you want to join your fellow NJBankers members who tell their story through this program?  The number of program participants grows with each year so join us! 

Please pass this information to the appropriate individual at your institution.

For example of entries from 2011, click here.  If there are any questions, please contact Emily DeMasi at edemasi@njbankers.com; 908-272-8500, ext. 610 or Allison Montellione at amontellione@njbankers.com; 908-272-8500, ext. 629.

Thank you for your anticipated participation!


Support Your Troops- Military Partners Program

The Lakewood BlueClaws have a brand new Military Based Program for their new We Salute You Wednesdays to honor local military. The new Military Partners Program gives you the ability to donate tickets directly to the Joint Base and veterans in your community.

All donors who support the Military Partners Program will receive special benefits throughout the 2013 Season including: potential for tax deduction on your tickets, In-Stadium Recognition, Logo on BlueClaws Military Partners Website, Inclusion in E-Newsletter, and Ballpark Display.

Click here to view flyer.

For more information or to order tickets, call Kevin Fenstermacher at 732-901-700 x. 115 or email kfenstermacher@blueclaws.com.


Be a Star! Send your Press Releases to NJBankers

Have you noticed that our new Bulletin design can accommodate news about our members and associate members? Sure you have! So how does your bank or firm get your press releases in our weekly Bulletin or our quarterly magazine New Jersey Banker?

It’s easy! Just place us on your media list so NJBankers can receive your press releases. Photos are also welcome. Materials can be sent to Emily DeMasi, edemasi@njbankers.com or to Allison Montellione, amontellione@njbankers.com.

So be a star! Send us your releases today!

 


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