SJBA News:

The next scheduled networking & dinner meeting is March 14, 2019 at Tavistock Country Club. Speaker Kenneth  H. Thomas, Ph.D. on What CRA Reform Means to Your Bank.


KENNETH H THOMAS NECB 2017 Kenneth H. Thomas, Ph.D. is the nation’s leading expert and author on the Community Reinvestment Act (CRA). He has testified in Congress, advised regulators, trained federal bank examiners, and written numerous articles and two books on CRA, including The CRA Handbook (; many of its recommendations were implemented into current CRA regulations.  Most recently he was asked by both the Treasury Department and the Congressional Black Caucus for his input on CRA reforms.
He has worked with banks, regulators, and even community groups in a consulting capacity since the 1977 CRA law was established. He has also launched and acted as Chair of the Board of Trustees of two different nationwide CRA investment mutual funds, including The Community Development Fund ( launched in April 2016 (ticker CDCDX), which includes several South Jersey banks as investors.
Dr. Thomas has been on the board of a community bank for nearly 20 years, and it has received seven straight Outstanding CRA ratings from three different federal and state bank regulators.
Dr. Thomas received a B.S.B.A. from University of Florida; an M.B.A. from University of Miami; and, an M.A. and Ph.D. from The Wharton School of the University of Pennsylvania, where he taught banking and finance for 42 years.
He is a regular speaker and writer in the banking industry and has appeared frequently on ABC radio, Bloomberg radio and TV, CNN, CNBC, MSNBC, Nightly Business News, and NPR.

For more information, view our Newsroom post “What CRA Reform Will Mean for Your Bank?”


Mark Your Calendars – 2019 Meeting Schedule:

May 16, 2019 TBD

2018 & 2019 Officers

Please join us in welcoming our newest slate of Officers for the SJBA Board of Directors for 2018/2019. Serving as Board President is Mr. Benjamin Watts, Executive Vice President & CFO - Cornerstone Bank. Serving as Board Vice President is Mr. Erik Larsen, Senior Vice President & Team Leader Business Lending – Investors Bank. Serving as Board Secretary is Mr. Gerald McKee, Senior Vice President & Director of Retail, Cornerstone Bank. Serving as Board Treasurer is Mr. Hugh Arbuthnot, Vice President – Beneficial Bank.

Special “Thanks” to our outgoing Officers and other long-serving board members who have recently step aside. Please see our update SJBA Board Members List below.



The South Jersey Bankers Association (SJBA) is a 40+ year old regional bankers association. The association was formed to provide a forum for bankers to share ideas and address issues concerning the financial services industry. SJBA currently maintains 19 member banks, 18 vendors and 400+ individual members. Well known high profile speakers join us at dinner meetings, where they present their ideas and perspectives. The dinner meetings are also excellent opportunities for bankers and others concerned with the banking industry to network and share ideas. The South Jersey Bankers Association also conducts educational seminars to enhance the member knowledge about specific banking services and strategies.


To remain open to different ideas and connected with our members, community and each other.       

Board of Directors

Frank L. RiederSJBA Executive Director

Benjamin WattsSJBA Board President
Executive Vice President, CFO / Cornerstone Bank
Erik Larsen , SJBA Board Vice President
Senior Vice President / Investors Bank
Gerald R. McKee , SJBA Board Secretary
Senior Vice President / Cornerstone Bank
Hugh ArbuthnotSJBA Board Treasurer
Vice President / Beneficial Bank
Steven Prokop, Immediate Past President, SJBA Board
Senior Vice President / Customers Bank
Andrew G. Agger 
Senior Vice President / Fulton Bank of New Jersey
Harold G. Cohen
Esquire / Dilworth Paxson, LLP
Sharon Hammel
Senior Vice President / Republic Bank
John Herring
New Jersey Market President / Liberty Bell Bank
Edward C. Hogan
Esquire / Stevens & Lee
Krysta Shivery
Vice President / 1st Colonial Bank
James E. Igo
Executive Vice President, South Jersey Market President / First Bank
Kevin B. Peterson
President, CEO / Haddon Savings Bank

Kate Plunkett
Commercial Lending / Haddon Savings Bank

Thomas E. Weber, Jr.
Vice President, Senior Relationship Manager / TD Bank, N.A.