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In This Issue
Regional Meetings move
Being Frank: Move the world
Member bank names CEO
Convention brochure released
Government Relations Update
IBANYS board member honored
CommuNitY is coming!
From the Top: Tin can on a string
Quick Links
It's that time of year again!

Convention 2012
Turning Stone Resort 
September
9, 10, & 11, 2012
 
 
IBANYS: On the Grow!

Win a box of money!    

Not really.
But send us your best newsletter ideas anyway! 
 

FRANKLIN
The
Franklin Club 

 Contribute $100 or more to the our state PAC, you will become a member of the Franklin Club.  

 

Everyone receives a Franklin Club lapel pin and recognition at IBANYS events. We're also adding a part of www.ibanys.net dedicated to Franklin Club members. 

 

Click the link below.     


Advertise in CommuNitY

IBANYS is launching a new magazine, CommuNitY, and we could not be more excited! Set to debut with a July/August issue, this magazine will reach ALL community banks in New York State, all IBANYS Members, New York State elected officials, other state banking associations, and more!

 

For more information and ad rates/specs, click here!  


Inside IBANYS 

July 11, 2012

 You asked, we listened:  

Regional Meetings move to fall  

 

We have heard from our members, and they tell us they would like us to move our upcoming Regional Meetings into the fall because of summer scheduling conflicts. We want every one of our bankers to be able to experience these highly successful free events, so we have pushed them back into October to accommodate all. The agenda will more than likely stay the same for both meetings but we will send out more information as the date nears. Please plan to join us! 

  

Buffalo Regional Meeting - Wednesday, October 17, 2012 

Lancaster Country Club,

Lancaster, NY  

   

Finger Lakes Regional Meeting  - Thursday, October 18, 2012

Ramada Geneva Lakefront Hotel 

Geneva, NY  

 Being Frank: We can move the world! 

 

"...with a lever long enough...single-handed I can move the world." -Archimedes

 

Well old Archimedes may have wanted to move the world on his own, but associations, successful ones, move the world when the members work as one to achieve something worthwhile. Something of lasting value through the building of a shared vision - a shared picture of the future they seek to achieve. Peter Senge, in his masterful work on building learning organizations, "The Fifth Discipline" writes, "One is hard pressed to think of an organization that has sustained some measure of greatness in the absence of goals, values and missions that become deeply shared throughout the organization."

 

IBANYS, you the members, associate members and business partners have envisioned for a very long time an association that is single focused on the health, welfare and preservation of community banking in New York State. That vision has never wavered...it may have set dormant for a period of time, but it is has been renewed and re-energized as the 300 pound canary. Thanks to your efforts, our membership has grown over the last 18 months by 39%; our peer councils are thriving; seminars are busting at the seams with attendees; our start-up of regional meetings around the state continue to grow; our government relations agenda in 2012 was/is a triumph; our public relations efforts to educate the media, the public, and our lawmakers about the community bank difference has been a triumph worth repeating year over year; and our addition of new services for you via business partners like "BITS" continue to expand.

 

Rest assured we will supply you with a full report on the successes of IBANYS at the Convention on September 9,10, & 11. However, we cannot rest on our "leverage"! We must continue to extend the length of the lever and press down together to bring more perspective members into the fold. We must continue to pound the drum of our shared vision, that IBANYS is the only New York community bank association laser focused on the continued welfare, protection and preservation of YOU and YOUR community bank...nothing else, nothing less, nothing more. IBANYS, your community banking association, is On the Grow! Come join us celebrate your Vision. 

IBANYS Member Bank chooses new CEO

Tom Amell to Join Pioneer Bank 

 

The Pioneer Bank Board of Trustees is pleased to announce the results of its search for a leader to succeed Eileen C. Bagnoli, President and CEO, upon her retirement in mid 2013.  After a diligent and thorough search and evaluation process, Thomas L. Amell was selected and will initially join Pioneer next month as President and Chief Operating Officer, with Mrs. Bagnoli continuing to serve as CEO until her retirement.  Mr. Amell has an extensive background in Capital Region financial services management, having served as Senior Vice President/NY Business Banking Director for Citizen's Bank, Eastern NY Regional President for First Niagara and President of Commercial  Services at SEFCU.  Mr. Amell earned his Associates Degree from Hudson Valley Community College, his Bachelor's Degree from Siena College and his MBA from SUNY Albany.  He serves on the Board of numerous local organizations, including Northeast Parent & Child Society, the Center for Economic Growth, Siena College, Make-A-Wish Foundation, 15 Love and the Albany-Colonie Regional Chamber of Commerce.

 

"Tom's reputation of honesty and integrity, along with his extensive background in both commercial and consumer banking services certainly made him an ideal selection. In addition, his dedication to serving the individuals, families, businesses and municipalities of the Capital Region, as well as his abiding commitment to community service, uniquely qualified him for this opportunity to be Pioneer's next leader", says Pioneer Bank Board Chair Don Fane, who chaired the Bank's search committee. CEO Bagnoli states, "I am very excited to work with Tom over the course of the next year to ensure a smooth leadership transition and feel strongly that the mission and values of Pioneer as a community bank are perfectly aligned with the ideals that Tom has represented throughout his life and professional career." 

 

Mr. Amell indicated, "I am honored to have been selected by the Board of Trustees of Pioneer Bank to succeed Eileen Bagnoli.  I have long admired Pioneer as an organization and deeply respect their underlying corporate values.  I have been preparing for this opportunity for my entire career and believe that this is the ideal fit for me and my family.  I will work closely with Eileen during this transition to make sure that we all remain focused on our employees, customers and our communities."


Convention brochure released, registration now open!

 

IBANYS is On the Grow, and we want you to join us in celebrating our successes at our Annual Convention! This year's theme is all about growth throughout New York State, with the deep roots of our banks planted firmly in their communities. We have some amazing things planned, and educational sessions you can only find with IBANYS.  

 

Check out the link below to find a schedule, list of spouse tours, sponsor and exhibitor information, and the ever-important registration form. See you in September!

 

Convention Brochure  

Government Relations Update

 

By Steve Rice, IBANYS Director of Government Relations, Policy & Services Development    

 

In Albany

DFS Superintendent Lawsky Approves Four More Bank Conversions to State Charters

 

NYS Department of Financial Services (DFS) Superintendent Benjamin Lawsky recently announced that four more banks have converted to New York State charters. The four banks are The Dime Savings Bank of Williamsburgh in Brooklyn, CMS Bank of Mt. Vernon, NorthEast Community Bank of White Plains and Fairport Savings Bank of Fairport in Monroe County.

 

The conversions come as the DFS continues to work to strengthen the state chartered banking system. There are more than 250 state chartered banks and licensed foreign branches and agencies in New York with assets of $2.1 trillion. Earlier this year, the Superintendent appointed a new nine-member State Charter Advisory Board to advise him on ways to further promote the state banking system. IBANYS Board member E. Peter Forrestel II, president and chief executive officer of the Bank of Akron in Erie County and a member of the Advisory Board, said of the conversions: "This is good news for banking in New York State.... Their conversion is a testament to the value offered by the state charter, and the effective working relationship that exists between the Department of Financial Services and the banks that it regulates."  

 

In Washington

House Approves ATM Disclosure Bill to Remove Redundant, Costly Requirement; CFPB Mortgage Rules In News

 

The U.S. House of Representatives overwhelming approved H.R. 4367, the bipartisan legislation to eliminate the requirement that ATM operators post a sign on their ATMs stating that a fee may be imposed. The disclosure requirement is redundant; a similar, more effective fee notice is provided on ATM video monitors and offers a choice to either consent to the fee or cancel the transaction. Furthermore, as the ICBA noted, the requirement is also costly to operators. If the placard notice is not attached, plaintiffs may recover the lesser of $500,000 or 1 percent of the net worth of the ATM operator. There have been instances when litigants have removed the placard, photographed the ATM and filed a lawsuit before the ATM operator was even aware of the missing sign. The requirement has led to baseless and frivolous lawsuits that threaten the viability of ATM operators, and could pose a negative impact on consumers. Similar legislation is pending in the U.S. Senate.  

 

Meanwhile, the ICBA also urged the Consumer Financial Protection Bureau to distinguish between the practices of community banks and larger national financial institutions in final ability-to-repay mortgage rules. The comment letter urged the CFPB to allow community banks to use their judgment in reviewing many underwriting factors and allow a safe harbor for qualified mortgages under the ability-to-repay requirements to enable community banks to effectively compete in the mortgage market.

 

Consumer credit increased at an annual rate of 8 percent in May, according to the Federal Reserve. Revolving credit increased at an annual rate of 11.2 percent, while nonrevolving credit increased at an annual rate of 6.5 percent.

 

Political Potpourri

Rangel Certified as Winner in 13th CD Democratic Primary

 

The New York City Board of Elections has certified the results in the Democratic primary racefor the 13th Congressional District (Harlem/Bronx) and declared a victory for incumbent Rep. Charlie Rangel by a margin of 1,086 votes over his closest challenger, state Sen. Adriano Espaillat. Espaillat is expected to now announce he will seek reelection to his State Senate seat in the 31st SD in the Bronx, but will likely face a challenge from Assemblyman Guillermo Linares (D-72nd AD), who may well be supported by Congressman Rangel - whom Linares supported against Espaillat.

 

Governor Cuomo Comments on Control of State Senate

 

Governor Cuomo has repeatedly refused to say whether he wants Democrats to regain control of the State Senate in November. The Senate currently stands at 33 Republicans and 29 Democrats, and Democrats also must contend with the four-member Independent Democratic Conference, which has often aligned itself with the GOP Majority. This week, the Governor noted he would back candidates on a "case by case" basis this fall. "I could see myself endorsing any individual regardless of party label depending on the positions, depending on the individual. I've worked with Republicans, I've worked with Democrats, I've worked with independents," Cuomo said when asked if he would support individual GOP candidates. 


Dinner honors longtime IBANYS Director

 

One of our longest standing board of directors members was honored by his community in late June. Bill Ryan's recognition dinner was held on Thursday, June 28th in Auburn. The dinner was to recognize and congratulate Bill on nearly 52 years of service to the banking industry and his community of Union Springs, NY.  

 

IBANYS had the special chance to congratulate Bill with a framed certificate presented by friend and fellow IBANYS board member and First National Bank of Dryden President and CEO Ron Denniston. The certificate congratulated Bill on his commitment to the association and dedication to the IBANYS board of directors for more than 25 years. We could not have been happier to be a part of this special dinner and recognition for a great advocate and champion of community banking.  

 

Other IBANYS members in attendance included Evans Bank's Dave Nasca, Adirondack Bank's Gary Kavney, First National Bank of Dryden's Mike Shattuck, and more.  


Check your mailbox!

 

CommuNitY is coming to a mailbox near you! We'll be sending out the inaugural issue of the official IBANYS magazine very soon. Be on the lookout for it in the coming weeks. We think you are really going to enjoy it!  

From the Top: Tin Can on a String 

  

By Jeff Gerhart, Chairman of ICBA

 

As kids growing up in Newman Grove, Neb., my friends and I would use tin cans connected by string to swap stories and jokes. If ever apples or blackberries were mentioned, our thoughts would turn to homemade pies. Part of that memory was waiting for the pies to cool down a bit, so we could enjoy a slice with ice cream and a cold glass of milk.  

 

Today, Apples and BlackBerrys don't just involve desert; they're now synonymous with technology and an integral part of the present, future and ever-increasing opportunities for community banks.  

 

Customers now can bank online through a personal computer, a laptop, a tablet device, a cellphone-well, the list of options goes on and on. Technology has always been an advantage for community banks and will continue to be an important advantage for us.  

 

I still have a Boston Ledger sitting on top of a bookshelf. Those of you over 50 know what...       ...read the rest here.  

Frank J. Capaldo              
President / CEO
  
Victoria Miller
Director of Administration & Membership

Erin Clark
Director of Communications, Development & Marketing

Steve Rice
Director of Government Relations, Policy & Services Development 

William Y. Crowell, III
Legislative Counsel