New Jersey Bankers Association, Princeton, has elected Kenneth T. Neilson its chairman.

Mr. Neilson, 49, is chairman, president, and chief executive of Hubco Inc. As the bank group's chairman, he succeeds Harry W. Van Sciver, 65, who recently retired as executive vice president at Trenton Savings Bank.

Arthur L. Zande, chief executive officer and executive vice president of Lakeland State Bank in Oak Ridge, was elected vice chairman.

Thomas Bracken, who was elected treasurer, is president of Pennington- based CoreStates Bank New Jersey, a unit of CoreStates Financial Corp., Philadelphia.

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