IBANYS' 39th Annual Convention: Record Crowd, Timely Program; New IBANYS Officers Elected
IBANYS' 39th Annual Convention (September 9-11 at Turning Stone Resort) was an enormous success. The number of bankers, associate members, exhibitors and preferred providers were all up from the previous year - the second straight year our numbers increased across the board! This year's crowd was IBANYS' largest in more than a decade. From the educational programs, to the peer networking, to the industry activities, it was a remarkable event. Read more.
Watch for Convention presentations to be posted on the website. |
Upcoming IBANYS Educational Programs
Regional Meeting
Western New York/Finger Lakes
Thursday, October 18, 2012
Ramada Lakefront Hotel, Geneva, NY
Webinar Master Schedule & Registration
http://financialedinc.com/IBANYSwebinars.html
Have an idea for a future webinar? Submit it here.
IBANYS offers an ongoing series of webinars on issues of importance to New York community bankers. What do your colleagues think of the programs? Here are some testimonials from recent webinar participants:
"After this webinar, we are going to be able to streamline our record retention process and rewrite our bank policy."
-Banker attending the "Record Retention/Destruction: Electronic & Paper" webinar
"The supplemental information provided by the presenter in pdf format is comprehensive andextremely helpful. That alone was worth the cost of the webinar!"
-Banker attending "The New SAR and Your AML Program: Joint Filings, Suspects & Detailed Transaction Requirements" webinar
"This webinar provided so many tools and so many things I can use right now."
-Banker attending "Auditing Your Bank's Website" webinar |
Government Relations Update
FDIC Releases State Banking Profiles The FDIC has released its state banking profiles for the second quarter. The FDIC State Profiles are formatted as a quarterly data sheet summarizing economic and banking conditions for all 50 states, Puerto Rico and the Virgin Islands.
The National Credit Union Administration released a legal opinion granting credit unions increased member-business-lending authority related to business vehicles. Read more.
The industry wants the SEC to clarify that thrift and bank holding companies benefit from new laws easing reporting requirements on smaller institutions. The JOBS Act raised the SEC registration threshold from 500 to 2,000 shareholders, and the deregistration threshold from 300 to 1,200, but thrift holding companies were left out of the legislation due to a drafting oversight. Read ICBA's statement to Congress on the issue.
Banking Industry Advocates Temporary TAG Extension |
A coalition of banking organizations called on Congress to temporarily extend full FDIC coverage of noninterest-bearing transaction accounts. IBANYS urges all New York community bankers to contact their local Representatives to urge their support of an extension. Call Congress Today.Write Congress Now. |
Primary Day Takeaways
In the September 15 state legislative primary races, NYS Senator Steve Saland (R-Poughkeepsie) narrowly leads Neil Di Carlo, while Sen. Roy McDonald (R-Saratoga) trails Saratoga County Clerk Kathy Marchione pending the counting of absentee ballots. Sen. Tim Kennedy (D-Erie County) leads Betty Jean Grant by just 271 votes with at least 1,200 military, absentee and affidavit ballots to be counted. Sen. Mark Grisanti (R-Erie County) won an easy victory, as did Sen. Martin Dilan (D-Brooklyn). Less than a month after her indictment on corruption charges, Sen. Shirley Huntley (D-Queens) lost to City Councilman James Sanders. In the Assembly, Naomi Rivera (D-Bronx) lost to Mark Gjonaj. She is under investigation for allegedly misusing taxpayer dollars. Assemblyman William Boyland Jr. (D-Brooklyn), also under investigation on bribery charges, won his primary. In Queens, Nily Rozic won the race to succeed Assemblyman Rory Lancman as theDemocratic candidate in the 25th A.D. Ron Kim will be the Democratic candidate in the 22nd A.D., succeeding Grace Meng who is running for Congress.
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