NJBankers Hosts Meeting with Federal Reserve Bank of New York
NJBankers hosted a meeting on November 28 with representatives from the Federal Reserve Bank of New York. The meeting was held at Northfield Bank headquarters in Woodbridge and featured remarks by Dianne Dobbeck, Head of the Supervision Group at the New York Federal Reserve.
In her remarks, she discussed the state of the U.S. banking sector and highlighted key risks facing firms. She also reflected on the recent Community Reinvestment Act final rule. You can read the full speech here.
DON'T MISS OUR ANNUAL CRA & FAIR LENDING CONFERENCE
Registration opening soon!Join us for our virtual CRA & Fair Lending Conference on Thursday, February 22 from 9:00am-12:30pm. For the first time in nearly 30 years, there has been a significant revision to the Community Reinvestment Act Final Rule. This new ruling will have a major impact on bank CRA programs.4 CPE & 4 CLE will apply.
Attendees of NJBankers CRA & Fair Lending Conference will:
Discover new insights from top regulators on the impact of Fair Lending laws and regulations
Gain a deeper understanding of the Interagency Community Reinvestment Act Final Rule
Learn new updates and guidance on Section 1071
Understand internal audit focus and learn mitigation strategies to protect your bank
Event Sponsor Opportunities: To learn about event sponsor opportunities, contact Jenn Zorn at 908-324-4024 or jzorn@njbankers.com.
An Endorsed Service Provider has an exclusive relationship with NJBankers for their products & services.
QwickRate is hosting an interactive CECL Coffee Talk Q&A on December 8 at 10:00am to answer questions and review best practices as you prepare for Q4 reporting. They’ll also discuss the why and how around loan-level analysis with special guest David Ruffin, Principal of IntelliCredit. Bring your questions. Register now here.
Whether your organization is full of seasoned professionals or has a new group of bankers, understanding how the bank makes decisions is vital for every position.
Consider participating in the virtual Understanding Bank Performance program beginning in January. Held in partnership with the Washington Bankers Association, the series of interactive sessions will help bankers fully understand their role within the industry and provide a strong foundation.
Benefits of the program include:
Developing a deep understanding of bank performance analysis
Gaining insights into financial performance metrics and how to use them
Learning how to communicate financial information to stakeholders effectively
Networking with other banking professionals and experts in the field
This is a great way to help newer employees get up to speed on how the banking industry works or help experienced individuals further their careers.
Don't miss your chance to receive a copy of the Q3 2023 Bank Performance Report. This proven strategic planning tool offers a wealth of benchmarking data to help your bank improve its overall performance.
The report is available for purchase through your membership with NJBankers. To review the New Jersey 2023 Q2 BPR, and download a BPR Order Form, click here. For more information, please contact Jenn Zorn at jzorn@njbankers.com.
Help Fight Hunger with these NEW Hunger Packages
Join NJBankers' Fight Against Hunger campaign. More than 725,000 people in our state are food insecure, including over 175,000 children. CFBNJ supplied enough food for over 85 million meals to neighbors facing hunger last year, along with 35 million pounds of fresh produce to support healthy lifestyles.
We are excited to announce two new Fighting Hunger packages now being offered: "Fighting Hunger Heroes" and "Fighting Hunger Allies." Each package provides dedicated recognition for your institution. Your generosity makes a remarkable impact on the lives of children, families and seniors in our communities. Don't miss this opportunity to help those in need. Together we can make a difference!
FIGHTING HUNGER HEROES
Our highest level of sponsorship, you can provide 30,000 meals per year to those in need from 2023-2026.
To ensure delivery of the New Jersey Bankers Connections, please add "info@njbankers.com" to your email address book or Safe Sender List. If you are still having problems receiving our communications, see our white-listing page for more details: White-listing page
New Jersey Bankers Association, 411 North Avenue East, Cranford, NJ 07016, (908) 272-8500
.png?upscale=true&width=320&upscale=true&name=download%20(7).png)
.jpg?upscale=true&width=320&upscale=true&name=Member%20Banner%20Ads%202B%20copy%20(003).jpg)
.png?upscale=true&width=276&upscale=true&name=BPR%202%20(1).png)
.png?upscale=true&width=1000&upscale=true&name=MAR_1026A20_2021%20Services%20Network%20Ad%20Series_500x200px3%20(002).png)
