Invest in Your Future  

• To Advocate for and represent the independent community banks in New York State - One Voice, One Message, One Constituency 

• No conflicts in representation with other components of the banking industry.

• Professional development to stay current in the industry

• Public Relations and Communications

• Government Relations and Political Action

• Convention and Trade Show

• Stay current on new laws and regulations

• Receive frequent updates on industry changes

• Interact with colleagues in the industry

• Collaboration, Best Practices and Peer to Peer

• Increase your clout

• Save time and money

• Member services - receive quality services

• Discover business partners

• Anticipate and prepare for your future

Marking Milestones

G. William Ryan began his career at Cayuga Lake National Bank directly out of Union Springs Central School in 1959.After serving in the United States Army from 1964-1966, Bill returned home to work once again at the bank as Assistant Cashier and quickly rose to Vice President and Cashier.

In 1975 Bill had the distinction of becoming the youngest bank President in the state of New York. 

Under Bill's leadership, the bank has seen its greatest growth in the bank's 145 year history. 

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Preferred Member Services  

IBANYS is pleased to announced that Blue Bridge Financial has become a Preferred Member   

Blue Bridge sources, independently underwrites and presents high-yield credits to its bank clients that meet each bank's defined credit criteria.   

Blue Bridge Financial

Mark DeBacker, CEO 

Phone:  (716) 204-8471

E-Mail:  mdebacker@bluebridgefinancial.com 

Website: www.bluebridgefinancial.com 

What's a Preferred Member? - Read More about Blue Bridge  

Watch for highlights of other new Preferred Members:

Bank Financial Services Group (BFS)

Fabrizio Duva, VP Northeast Sales

609-243-9395 Ext. 106

fduva@bfsgroup.com 

www.bfsgroup.com 

Lenders Consulting Services (LCS)

Ted Duffy, President

518-320-9103

tduffy@lenderconsulting.com 

www.lenderconsulting.com 

TekCollect  

Tim Olesky, Division VP

518-761-0028

Tim.olesky@tekcollect.com 

www.tekcollect.com

Welcome New Associate Members  

Cachet Financial Solutions 

Contact: Ron Davis, Regional Vice President 

rdavis@cachetfinancial.com 

www.cachetfinancial.com 

WebEquity Solutions, LLC

Contact: Dave McEvoy, VP Marketing 

dave.mcevoy@webequitysolutions.com 

www.webequitysolutions.com 

Special Election Alert! Assemblyman Lands Cuomo Post (Updated)

Gov. Andrew Cuomo just announced he has tapped Brooklyn Assemblyman Darryl Towns to serve as commissioner and C.E.O. of New York State Homes and Community Renewal (HCR), sparking yet another special election - this time in the Assembly.

Under Cuomo's proposed consolidation of state housing programs the commissioner also serves as chief executive of all the major housing and community renewal agencies, including the Housing Finance and Mortgage agencies.

Towns has served in the Assembly since January 1993. He currently chairs the Assembly Standing Committee on Banks and the Black, Puerto Rican/Hispanic and Asian Legislative Caucus (a post he has held since 2007).

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Wall Street Journal article (Letter to the Editor, print version)

Though the Journal is right to credit the budget proposal of New York's new governor, Andrew Cuomo, as a serious effort to restore a degree of "fiscal sanity" in a state long known for crazy overspending, we urge a careful reading of the fine print before celebrators get too carried away ("Cuomo's Lesson for House Republicans," Review & Outlook, Feb. 3).

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All Federal Benefits Will Be Paid Electronically

Don't delay: Sign up now!

Source: U.S. Department of the Treasury, Financial Management Service

The U.S. Department of the Treasury recently announced a new rule requiring all federal benefit and nontax payments to be paid electronically. People applying for Social Security, Veterans benefits or other federal benefits on or after May 1, 2011, will receive their payments electronically starting with their first payment.People currently receiving federal benefit checks will need to switch to an electronic payment option by March 1, 2013. People already receiving benefit payments electronically do not need to take action. They will continue to receive their payment as usual on the payment day. 

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Community Bank Victory

FDIC Approves Lower Assessment for

Community Banks 

The FDIC board of directors today approved a final plan to impose parity in the deposit-insurance system by basing the assessment base on average total consolidated assets minus average tangible equity instead of domestic deposits. ICBA, the only national banking trade association to support the new deposit-insurance system, has long advocated for the change. The association thanks its affiliated state and regional community banking associations and the nation's community banks for their hard work in advocating for the new system.

"ICBA led the charge throughout the Wall Street reform debate to create fairness within the deposit insurance system," said ICBA Chairman Jim MacPhee. "ICBA thanks the FDIC for approving this pivotal final rule, which will ultimately benefit the communities we serve."

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ICBA needs your help to combat the dangerous interchange fee rule now out for comment from the Federal Reserve. We need data from community banks to help make our case and are asking community banks to complete surveys on how the new interchange mandate would affect your community bank. 

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