Home

Calendar of Events

Career Paths for BankersTM

GBA University

Member Services

Volunteers

Government Relations

     

Appraisal Management

ATMs

Bank Owned Life Insurance

Community Reinvestment Act

Credit Card

Data Processing

Expense Savings

Fee Income

HR & Employee Benefits

Insurance

Marketing/Sales

Mortgage Lending

Retirement Plans

Security Solutions

Strategic Partners



Pledging Pool

The GBA was selected by the State of Georgia to administer the Georgia State Pledging Pool Program. The Pledging Pool concept is a terrific alternative to the dedicated pledging method banks currently use.

Through the dedicated method of collateralizing, we found that banks were/are collateralizing their public funds by administering each fund separately and reporting on changes accordingly. Most often, banks overcompensate in this process to assure compliance with the 110% securitization requirements or under compensate due to the monitoring and administrative strains. Itís the same as setting loan loss reserves at double the requirements to assure safety in the absence of good close administrative management. Changes in the funds, rates, amounts and percentages require exact record-keeping to prevent under-compliance and excessive funding. The GBA program pools the securities, administers the record-keeping and audits the records regularly.

To learn more about the Georgia State Pledging Pool Program, please contact GBA's Kenyetta Parks at 404.420.2035.

Georgia State Pledging Pool Public Depositors

Office Depot National Buying Program

Pledging Pool

Record Retention Guide

Surcharge Free ATM Network

Products & Services