March 21, 2018


In This Issue: 
  • Reg Relief Push Now Moves To House; Contact Your Representatives! 
  • Fed's FOMC Raises Rates
  • Latest Updates On State Budget Talks, Developments In Albany & Washington, D.C.
  • News On IBANYS Meetings. . .Plus Latest On Upcoming Webinars
  • New Feature: Spotlight Member Bank
  • Follow IBANYS On Facebook, Twitter, LinkedIn and Instagram!



Message From the President
John Witkowski, President & CEO
  It's Crunch Time In House For Community Banks Regulatory Relief

Last week the U.S. Senate approved S.2155, which  would provide the most significant regulatory relief to community banks since the enactment of Dodd Frank. Now, the action moves to the House of Representatives. 
New York community banks need to urge their local Representatives and urge them to vote for the bill, without adding amendments that could jeopardize the bipartisan support in the Senate.  As ICBA President & CEO Cam Fine noted, House Republicans should "move as quickly as possible" to take up the bill, rather than trying to make "the perfect the enemy of the good." House Financial Services Committee Chairman Jeb Hensarling (R-TX) and other House Republicans have reportedly been pushing for changes to S.2155. 
Congress heads home late this week for a two-week recess, and ICBA and IBANYS are urging community bankers: Call your local Representatives at their district offices. Ask them to support community bank regulatory relief. Visit www.icba.org
to access the   Be Heard grassroots center, which 
makes it easy for community bankers to reach out to their House members. We need the House to act quickly to address regulatory relief when they return in April. 

   
  • We also wrote to Rep. Claudia Tenney (R-Central New York), a member of the Financial Services Committee, about her bill (H.R. 5076, "The Small Bank Exam Cycle Improvement Act." It would allow a highly rated community bank with assets of less than $3 billion to use an 18-month exam cycle. Click here to read that letter.  Her bill is scheduled to be marked up today in the Committee. Its Senate counterpart is now part of S.2155.
Visit the ICBA Be Heard grassroots action center ( www.icba.org) to make your voice heard.


Join Us For Two Important Webinars

VETTER 
hosts a special webinar tomorrow at 9:00 a.m. 
Learn how to maximize your ROI, stay compliant and provide an outstanding customer experience . . . all at the same time. Hear 
how to leverage the right technology to:
  • Enhance regulatory compliance and portfolio monitoring.
  • Expand geographic reach beyond your branch network.
  • Produce more loans and monetize every loan application without the hassle of paper chasing.
  • Establish your bank's legacy and keep it relevant for the next generation.
Vetter provides a game-changing digital lending platform, built from the ground up with direct input from lenders like you. Vetter delivers everything  you need to streamline your processes and provide an outstanding loan experience to your customers! Take a moment to read the details in today's newsletter, then sign up today!


On April 4 at 9:00 a.m. First Global Data, a digital wallet/online payment software provider, hosts a special webinar to provide insight into the digital payment segment. First Global Money  has developed proprietary leading edge compliance oriented technology that incorporates U.S. and international compliance rules for the safe and compliant movement of funds and payments domestically and internationally. They are focused on innovation, and have won multiple awards for having developed the best leading edge mobile wallet and payment technology. All their technology has been independently audited and has passed banking regulatory and cyber security audits. First Global offers direct to consumer payments and mobile payment services.


Full house at IBANYS' Compliance Conference
Lastly,  IBANYS this week hosted Regional Compliance Conferences in Rochester and Troy. These well-attended and well-received programs featured presentations and panel discussions by federal and state regulators (from the OCC and NYS DFS), industry consultants and peer bankers. We will have an article next week with insights and information from the presentations. Thanks to all our speakers and participants for making these meetings so successful!





Don't Forget To Review Our Upcoming Meetings In This Newsletter!

Program registration information is provided for many of the events. 
  • Next week's CEO Forums in Albany and Syracuse 
  • ICBA's Capital Summit (and our annual IBANYS congressional visits) visits April 8-11 in Washington 
  • Our Regional Directors Conferences April 10-11 in Rochester & Troy
  • Our Regional Human Resources Conferences April 24-25 in Rochester & Troy 
  • Our Bank Executive Symposium May 7-9 in Watkins Glen 
  • Our Lending Conference June 5-6 in Fairport 
  • Our Regional Security Conferences June 19-20 in Rochester & Troy 
  • Our 2018 Annual Convention September 25-27 in Albany  
IBANYS is YOUR association. Make it work for you!

- John

Follow IBANYS On Social Media!
Have you found and followed IBANYS on social media yet? Connecting couldn't be simpler:

 

Facebook: @ibanys1 | Twitter: @ibanys1 | 

Instagram: @ibanys1 | LinkedIn: IBANYS 

2018 Meetings

CEO Forums

March 26
- Albany, NY at Pioneer Bank
March 27 - Syracuse, NY at DoubleTree by Hilton Hotel Syracuse
March 28 - Rochester/Buffalo, NY at Tompkins Bank of Castile -- CANCELLED 
(WILL BE RESCHEDULED) 

Click here for program details and  click here  to register. 



The 2018 ICBA Capital Summit

April 8- April 11- Washington, D.C.
  
Join us at the next month's  ICBA Capital Summit in Washington, D.C. April 8-11 , to help propel our voice in the nation's capital. ICBA and fellow community bankers gather to advocate for change in various areas such as access to capital, regulatory and tax relief, mortgage reform and agricultural lending through   ICBA's Plan for Prosperity . During the summit, share your story with members of our New York Congressional Delegation, and urge reform in meetings with federal regulators and policymakers. IBANYS is currently scheduling meetings "on the hill" with our Senators and Representatives. These  "hill visits"  will take place on Tuesday, April 10 and Wednesday, April 11. 

Speakers at the general sessions will include: 
  • Budget Director & CFPBActing Director Mick Mulvaney
  • Comptroller of the Currency Joseph Otting  
  • Senate Subcommittee on Financial Institutions and Consumer Protection Chairman Patrick Toomey (R-Pa.)
  • Pollster & political commentator Kristen Soltis Anderson 
Register today  at  www.icba.org/capitalsummit.  We look forward to seeing you in Washington, and t hank you for all that you do in support of community banking.

Click here to learn more. 


Regional Directors Conference

April 10- Rochester/Pittsford, NY at the Hilton Garden Inn Rochester/Pittsford
April 11- Troy, NY at the Hilton Garden Inn Troy

Click here for program details and  click here to register

 

Regional Human Resources Conferences

April 24- Rochester/Pittsford, NY at the Hilton Garden Inn Rochester/Pittsford
April 25- Troy, NY at the Hilton Garden Inn Troy


Bank Executive Symposium

May 7-9- Watkins Glen, NY at the Watkins Glen Harbor Hotel


Lending Conference

June 5-6- Fairport, NY at the Woodcliff Hotel & Spa

 

Regional Security Conferences

June 19 - Rochester/Pittsford, NY at the Hilton Garden Inn Rochester/Pittsford
June 20 - Troy, NY at the Hilton Garden Inn Troy

 

Annual Convention

September 25-27- Albany, NY at the Hilton Albany

Member banks:  Share this information  with your senior management teams, officers, directors, compliance, security and human resources  officers.  Preferred providers, associate members and business show exhibitors : Now is the time to plan to attend, participate, sponsor/exhibit.  Contact Linda Gregware: Lindag@Ibanys.net 
New Feature!
Spotlight Bank of the Week

Spotlight Bank of the Week is a new feature that we are adding to our website and e-newsletter. It is an opportunity to promote anything about your organization, such as fun facts, organization news, special events, etc. The Spotlight Bank of the Week will be featured on our homepage slider, e-newsletter, and our social media platforms for one week. So don't miss out on this exceptional opportunity to showcase your bank to thousands of people!

To apply, just fill out our registration form and email it to Natalie Rowan at natalier@ibanys.net.

IBANYS Education/Webinars
IBANYS Webinars

IBANYS' webinars provide timely, informative sessions on important topics and issues of interest for community bankers. They are valuable not only for their content, but for their convenience. Participants can take part from the comfort and privacy of their offices, without leaving the bank.
Our  Webinar Series offers many topics in the following categories:
  • Audit & Accounting
  • Collections
  • Compliance
  • Directors
  • Frontline & New Accounts
  • Human Resources
  • Information Technology
  • IRA
  • Lending
  • Operations
  • Security & Fraud
  • Senior Management
We are always adding more programs based on needs and requests of our members,
who drive our focus!  Take a look at the various series of webinars we offer by clicking each of the links below.




Community Banks Spend $3 Billion Each Year On 
Data Collection Alone.

How Do You Maximize Your ROI, Stay Compliant and Provide An Outstanding Customer Experience . . .All At The Same Time? Learn How by signing up for this important webinar tomorrow at 9:00 a.m.
hosted by 



In this webinar, you will learn about how to leverage 
the right technology to:
  • Enhance regulatory compliance and portfolio monitoring.
  • Expand geographic reach beyond your branch network.
  • Produce more loans and monetize every loan application without the hassle of paper chasing.
  • Establish your bank's legacy and keep it relevant for the next generation.
EXPERIENCE THE FUTURE OF DIGITAL LENDING
Click here to register or for more details.




First Global To Host April 4 Webinar On Digital Payments


On April 4, First Global data/First Global Money will host a webinar to  provide insight into  the digital payment segment.  A link for registration will be distributed very soon.
First Global, a digital wallet and an online payment software provider. First Global Money  has developed proprietary leading edge compliance oriented technology that incorporates US and international compliance rules for the safe and compliant movement of funds and payments domestically and internationally. They are focused on innovation, and have won multiple awards for having developed the best leading edge mobile wallet and payment technology. All their technology has been independently audited and has passed banking regulatory and cyber security audits. First Global offers direct to consumer payments and mobile payment services.

Click here to learn more about First Global.
Government Relations
Albany
Only 8 Days Left To Enact State Budget By March 29 Target Date 


The State Legislature and Governor Cuomo are facing a tight schedule as they try to meet their goal of enacting the state budget by March 29. (They hope to finish the job a couple of days before the April 1 deadline due to the religious holidays.) The Governor's  $168.2 billion election-year budget proposal attempts to deal a $4.4 billion deficit, and the threat of billions of dollars more lost in federal Medicaid aid. State Comptroller DiNapoli is concerned  over rising debt, forecasts of future deficits and "murky" economic revenues that taxpayers may have to pay for in post-election-year budgets.  The independent Citizens Budget Commission is warning that Cuomo's budget proposal to the Legislature doesn't adequately contain spending and relies too much on new revenue, some of which "may be speculative..." The Governor's plan would increase overall spending by 2.3 percent over the current $163 billion spending plan, according to the Comptroller's analysis, which would breach the state cap of 2 percent growth Cuomo established in first term. (The Governor says his numbers show spending growth is within the cap.) Senate's Republicans would hold the overall spending increase to 2 percent. The Assembly would increase spending by 9.3 percent. 

As for taxes, the Governor has not proposed an increase to broad-based taxes, but wants more than $750 million in narrowly focused taxes. The Senate rejects all taxes and fees, while the Assembly supports Cuomo's taxes and fees and also wants a new income surcharge for top earners. There are disputes over, among other things, education funding, transportation and school security. With eight days to go, the "budget beat" goes on.


Political Potpourri: The Survey Says. . .
New Siena Poll On Governor's Race: Cuomo In Strong Position



Education activist and actress Cynthia Nixon has launched her campaign for the Democratic gubernatorial nomination against incumbent Gov. Andrew Cuomo Her announcement came as budget talks reach a crucial point. Nixon will run from the left, as much of the progressive "wish list" is negotiated. A new Siena Poll found New Yorkers overwhelmingly approve of the Governor. 
  • His favorability rating remained steady and his job performance and re-elect ratings fell only slightly, albeit for the second month in a row. 
  • Cuomo was favored 66 percent to 19 percent over Nixon among registered Democrats, and held a similar lead among among self-identified liberals.
  • The Governor also holds early leads over two potential Republican opponents, Dutchess County Executive Marc Molinaro and State Senate Deputy Majority Leader John DeFrancisco of Syracuse. Both were unknown to more than three-quarters of Republican voters. 
  • DeFrancisco leads Molinaro in a potential GOP primary, 21 percent to 17 percent. 
  • In the general election, Cuomo leads Molinaro 57 percent to 29 percent, and leads DeFrancisco by 57 percent to 28 percent. 
  • Cuomo's support against the Republican candidates was strongest in New York City, followed by the city's suburbs. Upstate, Cuomo was running about even against the GOP hopefuls. The gubernatorial primary is September 13.
Meanwhile, another recent Siena poll found that Barack Obama and George H.W. Bush are New Yorkers' two favorite living presidents. Obama had 67 percent favorable rating (87 percent among Democrats, 65 percent among independents and 25 percent among Republicans). Bush was a close second with a 61 percent favorable rating (72 percent among Republicans, 67 percent among independents and 52 percent among Democrats). Jimmy Carter had a 60 percent favorable rating, Bill Clinton 59 percent, George W. Bush 45 percent and President Trump was at 33 percent. President Trump's  job performance rating has risen 13 points since January, although it is still negative 29-70. 



Washington, D.C.

House Of Representatives Is Next Stop For Key Regulatory Relief Legislation 

Last week, the U.S. Senate passed S.2155,  "The Economic Growth, Regulatory Relief and Consumer Protection Act." IBANYS thanks New York community bankers for their support of our grassroots effort, in cooperation with ICBA, to help pass S.2155, which offers the best opportunity for community bank regulatory relief since the enactment of Dodd-Frank. The action now moves to the House of Representatives, and so do our grassroots efforts. New York community bankers, from the C-suite to the frontline to the board of directors, need to reach out to their local Representatives. They will be home at their district offices for a two-week recess starting next week. Call, email or visit them there. You may also continue using ICBA's "Be Heard" grassroots action center at www.icba.org to urge them to support this vital legislation--without any amendments that could jeopardize bipartisan support in the Senate. The House has already passed a number of stand alone provisions, and we now need them to support this comprehensive legislation to push it over the finish line. Click here to read ICBA's summary of the revised S.2155

ICBA President & CEO Cam Fine noted: "Everything in the bipartisan Senate bill is good for community banks, credit unions and consumers. Everyone knows that. . .not every single good proposal is in the bill, but ICBA will not participate in killing a solid bipartisan bill just because it does not have everything we could want in it....Over 2,500 community banks have disappeared since the crisis as a result of crushing regulatory burden leaving hundreds of communities in this nation without any choices in financial services. It is time that Republicans in the House move as quickly as possible to get this essential regulatory relief bill for Main Street America passed and sent to the President for signature."



Other News From Washington

 
IBANYS regrets the sudding passing late last week of longtime New York Congresswoman Louise Slaughter of Rochester. Rep. Slaughter had served in the House of Representatives since being elected in 1986, most recently serving as Ranking Democrat on the House Rules Committee, which she had previously chaired. Just last month, she had announced plans to seek re-election to her seventeenth term. She also had previously served as a member of the NYS Assembly.

President Trump reportedly plans to nominate Michael Faulkender, a finance professor at the University of Maryland and associate dean of masters programs at the Robert H. Smith School of Business, as Assistant Secretary of Treasury for Economic Policy.



ICBA's Capital Summit Program Adds Speakers

Pollster and political analyst Kristen Soltis Anderson has been announced as a speaker at  ICBA's Capital Summit in Washington, D.C. Soltis Anderson will join Consumer Financial Protection Bureau Acting Director (and Budget Director) Mick Mulvaney, Comptroller of the Currency Joseph Otting and Senator Patrick Toomey (R-PA, who chairs the Senate Subcommittee on Financial Institutions and Consumer Protection. He is a potential Senate Banking Committee Chairman if the GOP retains control of the chamber. 

  • A key component of the Capital Summit for New York community bankers will be IBANYS' "hill visits" -- appointments in the offices of members of the New York House delegation and Senators Schumer and Gillibrand. Visit www.icba.org to register for the conference and hotel. Remember to e-mail IBANYS' Steve Rice (stever@ibanys.net) the name(s) of your local Representative)s) so we can make sure to include you to our meetings. Make your voice heard.
Action Alert


Contact Your Local Congressional Representatives: 
Urge Them To Vote For S.2155 Regulatory Relief Bill As Is

The bipartisan Senate regulatory relief bill (S.2155), has been approved by the U.S. Senate 67 votes affirmative votes. T he action now moves to the House of Representatives. The challenge now is to urge the House to approve the Senate legislation as is, without adding any amendments that would jeopardize the bipartisan support demonstrated in the Senate, where 16 Democrats joined their Republican colleagues in voting for the measure.  IBANYS is conducting a grassroots outreach effort with the New York House delegation. We have written to each member, but we need YOU to contact your local Representatives. Call their district offices while they are home for the two-week recess beginning this weekend. You can also visit www.icba.org and use their "Be Heard" grassroots site to tailor your messages.

Industry Trends & Updates
News From The Regulators

  FDIC: DIF Fund Ahead Of Schedule To Meet Reserve Ratio

The FDIC announced  its Deposit Insurance Fund (DIF) is on track to reach its mandated reserve ratio ahead of schedule. FDIC staff reported to the agency's Board of Directors that In a report to the agency's board of directors, FDIC staff said the DIF reserve ratio will likely reach 1.35 percent by the second half of this year. That is ahead of the Dodd-Frank Act's September 2020 deadline. The DIF reserve ratio was at 1.30 percent on Dec. 31.
 

FDIC Releases 4TH Quarter 2017 Profile Of New York

The FDIC also released its state profiles for the fourth quarter of 2017. They are formatted as a quarterly data sheet summary of banking and economic conditions for all 50 states, Puerto Rico, and the U.S. Virgin Islands. Click here to read the FDIC profile for New York State.


Fed's FOMC Announces Rate Hike, Updates Economic Forecast

The Federal Open Market Committee (FOMC) concluded its two-day meeting Wednesday - its first since Jerome Powell was confirmed as Fed Chairman. The FOMC approved a quarter-point hike that puts the new benchmark funds rate at a target of 1.5 percent to 1.75 percent. It was the sixth rate hike since the FOMC began raising rates off near-zero in December 2015. The FOMC also provided another upgrade in the Fed's economic forecast. "The economic outlook has strengthened in recent months," the committee said in its post-meeting statement, a sentence not in previous releases. The statement also noted "economic activity has been rising at a moderate rate," a seeming downgrade from January's characterization of a "solid" rate. According to the summary of economic projections that the FOMC releases each quarter, three rate hikes is still the baseline. However, had one more member indicated a higher funds rate, the forecast likely would have gone to four.


Existing Home Sales Up Nationally, Down In Northeast
-- Refinances Also Down

The National Association of Realtors reported today that existing home sales, which account for about 90 percent of U.S. home sales, jumped 3.0 percent to a seasonally adjusted annual rate of 5.54 million units last month, ending ended two straight months of declines. They fell 12.3 percent in the Northeast. Existing home sales increased 1.1 percent on a year-on-year basis in February. Sales of houses priced below $100,000 were down 17 percent from a year ago, while properties in the $100,000-250,000 price range were down 1.0 percent. There was double-digit sales growth for houses costing $250,000 and above. Houses for sale typically stayed on the market for 37 days in February, down from 41 days in January and 45 days a year ago. 
Meanwhile, the Mortgage Bankers Association said this morning that t
otal mortgage application volume fell 1.1 percent last week. Volume was 5 percent lower than one year ago, due to refinances. Volume fell 5 percent for the week and was nearly 19 percent lower than a year ago, and the refinance share of mortgage applications fell to just 38.5 percent, the lowest since September 2008.
 


Learn Portfolio and Balance Sheet Management
with Your Peers

ICBA Securities is presenting its annual Balance Sheet Academy on April 23-24 in Memphis, TN. This is an intermediate-level program that will teach attendees how to profitably manage different parts of a community bank balance sheet.  It is a 1 ½ day class that can award up to 12 hours of CPE credit at a very cost-efficient price. The  Balance Sheet Academy  advanced seminar is designed to expose seasoned community bank portfolio and balance sheet managers to advanced products and concepts. The objective 
is to enable the attendees to consistently outperform their peers.  The dynamics of a community bank balance sheet require an investment professional to be versed in a widening range of topics.  Balance Sheet Academy  provides discussion and practical classroom exercises to equip the attendees for these demands.  Examples of these topics include in-depth mortgage analytics, detailed municipal credit evaluation, and more advanced interest rate risk management strategies.  Attendees will learn how the changing economic data impacts the bond market from the Vining Sparks Chief Economist and will also hear first-hand testimony from a fellow experienced community banker about successful balance sheet management. 

Click here  for more information and to register.
Banking News
Online Lending

Excelsior Growth Fund (EGF) is NYBDC's nonprofit Community Development Financial Institution and IBANYS' exclusive online lending partner. Their  mission is to help businesses in New York, New Jersey and Pennsylvania grow by providing small business loans and advisory services. As a nonprofit organization and a U.S. Treasury-certified Community Development Financial Institution  (CDFI) , they're a responsible lender you can trust. Their  products are affordable and flexible, and their advisory services can help you reach your business goals. Their signature product, the EGF SmartLoan™, provides up to $100,000 through a streamlined online platform.  Loans are approved in 1-2 days and funded in a week.  For more details, please visit: http://excelsiorgrowthfund.org/egf_smartloan/ 

Spotlight Bank of the Week

Tioga State Bank is an independent, family owned and operated  financial institution. The bank was founded in 1864 when local business owners joined together to form a community bank to provide highly needed banking services to our communities. The
 
 bank's first president was M.D. Fisher and our current President,
 Robert M. Fisher is the fifth generation to run Tioga State Bank. 
Tioga State Bank is still currently the only
 bank headquartered in Tioga County, NY. Tioga State Bank currently has 11 locations and serves the financial needs of the Southern Tier of New York and Northern Pennsylvania. 


Tioga State Bank offers a full range of consumer, business, investment and financial products and personalized services tailored to meet the needs of our local community. We want to be our customers' trusted financial advisor for life. We also seek to provide additional benefits to our customers by sending them relevant, helpful information and offering expert insight to help them reach their financial goals. 

Giving back and community involvement are themes that are seen throughout TSB's
 culture. One of Tioga's guiding principles is care for our community, which we show in many ways. Over the last 5 years, we have donated over $400,000 to local charities and organizations to help our communities thrive. We helped support the construction of a home health facility, raised  funds to make a local library handicap accessible, donated
 to all three local healthcare systems, funded one week of food for over 9,000 students, among many others. 

We also encourage those in our local community to play a part in growing our local economy and to support local businesses. We do this through our monthly #GoLocal campaigns where we highlight local business customers on social media, social media contests, and sharing local businesses' stories and events. 


Our staff is also very involved in the communities we serve. The majority of our employees belong to a community organization or charity. Each year we host a car and truck show, participate with a team of runners in many local 5k's, and walk in our local American Heart Association event. During the holiday season, staffers  hand out fresh fruit and vegetables to at-risk families. Each month we host a blue jeans for charity day with many of our employees participating by wearing jeans to the office in exchange for a donation to a local charity. 2 years ago, we also started hosting our own 5k to help benefit Cure the Blue. Cure the Blue collects funds for prostate cancer and was founded by former Buffalo Bills player, in conjunction with the Buffalo Bills Alumni Association, Booker Edgerson. Participation in and giving back to the communities we serve is at the core of who we are at Tioga State Bank.   


To learn more, please visit www.tiogabank.com.

IBANYS Spotlight Is On...

Promontory  helps financial institutions of all sizes thrive. Promontory Network members use its solutions  ̶  Bank Assetpoint®, Insured Cash Sweep®, or ICS®, CDARS®, IND®, and Yankee Sweep®  ̶  to source new asset opportunities, diversify their asset portfolios, reduce collateral requirements, purchase funding, and build multi-million-dollar relationships. Visit promnetwork.com or contact Kevin Hamilton  khamilton@promnetwork.com , (866) 776-6426 ext. 3329 to find out how Promontory can help your bank manage its balance sheet more profitably. For more information visit www.promnetwork.com 
. . .Or, contact Kevin Hamilton, Regional Director/New York at (866)776-6426, Ext. 3329
IBANYS Endorsed Services

IBANYS identifies offers products and services that provide value to your banks, companies, employees communities. These brief summaries provide links for information. Please contact IBANYS President John Witkowski with questions.

Health & Wellness

My Wellness Resource & TELADOC

The health and wellness landscape continues to evolve. "My Wellness Resource" can be a nice addition to your existing benefit package. 

Teladoc can save your banks time and money, and provide real value to your employees as this testimonial from a New York community bank CEO proves:
HERE'S WHAT YOUR FELLOW NEW YORK
COMMUNITY BANKER SAYS. . .
"I wanted to let you know that some of our employees and I have been using "Teladoc" and it is one of the best things we have done for the bank. We all love it: We are saving time, avoiding waiting in an urgent care center or a doctor's waiting room for non-emergency related illnesses . . .and it is easy to use and convenient. Once you use it, you are hooked! This was a great find! Would recommend it to all banks."

Mario Martinez 
Chairman & CEO
Catskill Hudson Bank

Contact Alan Justin: (716) 907-5500. 


"Cure the Blue" Helps Banking Industry Battle Prostate Cancer!

The "Cure the Blue" program sponsored by the Buffalo Bills Alumni Foundation allows New Yorkers to participate in one of the most comprehensive efforts to help promote prostate cancer awareness and research in the United States.  Lake Shore Savings Bank has provided prostate cancer literature and Cure the Blue information at all eleven of its branches and their headquarters in Dunkirk. The bank also offered Cure the Blue ceramic lapel ribbon pins for a $5.00 donations to Cure the Blue to all their customers. "We fully understand the severity of this disease and the devastating effect it can have on families" said Lake Shore Savings Bank President and CEO Dan Reininga. "Our support of the Buffalo Bills Alumni Foundation's "Cure the Blue" initiative is something that we are taking very seriously and are proud to support." Buffalo Bills Wall of Famer and Alumni Foundation President Booker Edgerson, a two time prostate cancer survivor, said the bank has been a tremendous longtime supporter, noting: "They have really stepped up to the plate with their unwavering support of our Cure the Blue initiative." 

IBANYS urges all of our member banks, associate members and allies to join the effort. Cure the Blue" raises funds and awareness regarding prostate cancer in New York State. Visit  curetheblue.com  to get involved! Of all new cancer cases in the nation, prostate cancer represents 9.6%. In 2017, there were an estimated 161,000 new cases, and more than 26,000 fatalities due to the disease. Support IBANYS' "Cure the Blue" campaign to help New Yorkers participate to promote prostate cancer awareness and research.


Secure. Enhanced Internet Presence

The .bank program by fTLD operates trusted, verified, more secure, easily-identifiable internet locations for financial companies and customers. www.icba.org 

Did You Know?


. . .Who served as Federal Reserve Chairman for the longest period of time? It was William McChesney Martin Jr, who served from April 2, 1951, to January 31,1970 under five presidents: Truman, Eisenhower, Kennedy, Johnson and Nixon.  Incidentally, the Fed Chair who served for the briefest amount of time was Eugene Robert Black, who served from May 19, 1933 until August 15, 1934 under President Roosevelt.
 
New York community banks play a key role in our state and local economies. Help spread the good news among our customers, business, elected leaders and the media!



John J. Witkowski
President & Chief Executive Officer

Stephen W. Rice
Director of Government Relations & Communications

Linda Gregware
Director of Administration & Membership Services

William Y. Crowell III
Legislative Counsel

Natalie Rowan
Marketing & Social Media Assistant
Connect With Us!