February 23, 2018     

Help Us Pass HMDA Reform Legislation
You’ve likely been reading our publications where we’ve been reporting on some positive legislation that’s been passing the House that addresses real concerns of our members. One such bill is H.R. 2954
, the Home Mortgage Disclosure Adjustment Act. The bill passed the House with bipartisan support in January and is pending in the Senate Banking Committee. This bill amends the Home Mortgage Disclosure Act of 1975 to exempt a depository institution from certain records and disclosure requirements: (1) with respect to closed-end mortgage loans, if the depository institution originated fewer than 1,000 such loans in each of the two preceding years; and (2) with respect to open-end lines of credit, if the depository institution originated fewer than 2,000 such lines of credit in each of the two preceding years. In addition, the bill lessens requirements for depository institutions to itemize and disclose specified mortgage loan data. For many of our members, this would be a significant positive change in reducing or eliminating the HMDA reporting burden. Here’s where you come in...
Last call! Fair Lending for HMDA & Non-HMDA Banks - Feb. 28
Compliance officers, compliance auditors and loan officers can still register for GBA’s Fair Lending for HMDA & Non-HMDA Banks seminar Feb. 28 at The Brickyard Golf Club in Macon. Steve Moore of Bank Compliance Services will provide an in-depth look at fair lending, including the process used to conduct "side-by-side loan file analysis", common loan practices with potential fair lending effects and other components of an effective fair lending program during this full-day seminar. Registration is $250 per person. Click here to register online. Please contact GBA's Katina Prokos at 404.420.2021 with questions.
Hatch
GBA Signs National Letter to Hatch Praising Credit Union Tax Exempt Status Remarks
A few weeks ago we covered the letter Sen. Orrin Hatch (R-Utah) wrote NCUA Chairman Mark McWatters outlining several concerns with the way the NCUA has expanded the credit union charter beyond its original purpose This week, state bankers associations representing every state in the country sent a joint letter to Sen. Hatch thanking him for questioning the tax-exempt status of Credit Unions and calling for an end to outdated policies. “There is no reason why the largest credit unions, which act and look just like the taxpaying banks they compete with, should be completely free of income taxation,” the letter said. “This creates a market distortion where the tax code effectively subsidizes one financial services entity (the largest credit unions) over another (the smaller community bank).” Read the full letter here. Again, our thanks to Sen. Hatch for weighing in.
Joe Brannen testifies before the Senate Judiciary Committee earlier this week
Watch for Legislative Update this Week
With the Georgia General Assembly passing their halfway point this year, the pace of activity is quickening, so be looking for our weekly Legislative Update we’ll publish Friday after this week’s session adjourns. It’s been a busy week for the GBA Capitol team with several hearings and comments on bills of interest. We’re glad to serve as a resource to our elected officials and appreciate the opportunity to be engaged. We’ve had a number of members ask about Sen. Jesse Stone’s bill, SB 86, that would change the way real estate is handled following foreclosure. Sen. Stone has made several positive changes to the bill and the Senate Judiciary Committee held a long hearing on his latest version this week. Click here for a summary of association and member testimony, and more details…
James
Carver State Bank & ACE Awarded $30M in First New Markets Tax Credit from U.S. Treasury
Carver State Bank, Savannah, Bob James, president and CEO, is pleased to announce it and its partner and GBA Associate Member Access to Capital for Entrepreneurs (ACE) have been awarded $30 million in New Markets Tax Credits (NMTC) from the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund through Carver Financial Corporation, Carver State Bank’s holding company and affiliated Community Development Entity. This is Carver’s first federal NMTC allocation awarded by the CDFI Fund. It is also the first time any NMTCs have been awarded an entity in Georgia outside of the Atlanta area and the first award to a community bank in Georgia. Read more about the CDFI award for Carver State here…
Sponsorship and Exhibit Space Opportunities Available at Annual Meeting
Strategic Partners and Associate Members, don’t miss the opportunity to be recognized by the banks and bankers you serve by sponsoring an event at the 2018 Annual Meeting. GBA’s premier event is June 17-20 at The Ritz-Carlton, Half Moon Bay, CA. High-visibility sponsorships are still available. To exhibit, sponsor or both, please click here to complete the corresponding forms…
Bell
Former Hall Commissioner to Head Regional SBA
Ashley Bell has been appointed regional director for the Small Business Administration in the Southeast. Bell, a lawyer and former member of the Hall County Board of Commissioners, has held several positions in the Trump administration - most recently as an associate director of the Peace Corps. Here’s a link to a nice story in the Gainesville Times about Bell. We look forward to working with him.
American Bankers Mutual Insurance Ltd. Declares $1.6 Million Distribution to Banks
American Bankers Mutual Insurance Ltd., the reinsurer for the D&O, Bond and Cyber insurance program endorsed by both the American Bankers Association and GBA, has declared $1.6 million in distributions to be shared by qualified ABA member banks insured through GBA Strategic Partner
ABA Insurance Services. This is the 28th consecutive year that the industry’s leading professional liability and bond insurance provider has declared distributions to eligible ABA member banks, bringing the total to $84.3 million in distributions since the program’s inception. Nearly $2,500,000 of that has been shared with Georgia banks. Banks that purchase their D&O, bond, cyber and related insurance from this program and are current ABA members are eligible to receive a distribution. Find out how…
Last call! Loan Documentation Seminar - March 1
There’s still time to sign up for GBA’s Loan Documentation
seminar March 1 at The Brickyard Golf Club in Macon and help your bank prevent loan losses through the implementation of proper loan structuring and documentation techniques. A faculty member of the Georgia Banking School with more than 35 years of industry experience, Mike Allen of State Bank and Trust Company will address a comprehensive range of loan documentation topics. Commercial loan officers, commercial loan personnel, loan assistants and closing specialists will all benefit from this seminar. Allen will cover the following…
Retirement Savings Tax Credit You May be Missing
GBA Retirement Services pointed us to a recent study revealing that 64 percent of American workers don’t know about a tax credit available to employees contributing to an IRA or employer sponsored retirement plan, such as a 401(k) Plan. The Saver’s Credit is a tax credit in addition to the benefit of tax advantaged savings an employee already receives by utilizing pre-tax contributions in a retirement plan. To qualify for the Saver’s Credit, workers need to be age 18 or older and meet the following criteria…
Hinkel
Attendees to get Tips on Table Top Tests and What’s Next after the CAT
At GBA’s 2018 Operations and Technology Conference, coming up March 6-8 at the Atlanta Marriott Northwest, attendees at the pre-conference sessions will learn from Safe Systems’ VP of Compliance Services Tom Hinkel not once, but twice! Hinkel will lead a workshop on Best Practices for Your Next Business Continuity Table Top Test. With natural disasters increasing in number and magnitude across the U.S., banks must be ready to respond. In Tom’s second session, he’ll discuss what to do after you’ve completed the CAT (Cybersecurity Assessment Tool ), as well as performing a gap analysis and presenting it to your Board or senior management. Three registration packages are available: pre-conference only, conference only, or both. Register today by clicking here. Contact GBA’s Kathy Friestad with questions, 404.420.2024.
New Back-to-Back Seminars on Advanced Compliance Topics March 13-15
GBA-U is excited to announce two new back-to-back seminars on complex compliance requirements presented by Steve Moore, Bank Compliance Services, March 13-15 at Middle Georgia State University in Macon. On March 13, the Advanced Deposit and Operations Compliance seminar will cover advanced deposit compliance rules that impact bank operation services, including BSA, EFTA/Regulation E and UDAAPs (Unfair, Deceptive or Abusive Acts or Practices) in easy-to-understand language. Registration is $225 per person through March 5.Then on March 14-15, the two-day Advanced Lending Compliance (including QMs/ATR and TRIDs) seminar will focus on consumer lending compliance. Learn more about each seminar here…
Traditional and Online Account Opening Webinar - March 20, 2:30 p.m.
The account opening process for consumer and commercial clients creates risk exposure to any financial institution and can carry increased risks. On March 20 at 2:30 p.m., the Traditional and Online Account Opening: Differences, Similarities and Managing Your Risks webinar will focus on how financial institutions are adding online account opening to their product offerings and the risks to consider when implementing online account opening. Terri Sands, CAMS - Audit, CFE, AAP, ACT Specialist, Director of Financial Investigative Unit for State Bank & Trust and the founder of Secura Risk Management, will cover the following…
Parham-Shannon
Leadership/Mentoring Expert to Discuss Workplace Diversity at HR Institute
Webster defines diversity as “the condition of having or being composed of differing elements; the inclusion of different types of people (such as people of different races or cultures) in a group or organization.” Says Sonya Parham-Shannon, VP of Human Resources, Busch Gardens and Adventure Island, “diversity in the workplace is important because it manifests itself in building a great reputation for the company which leads to increased profitability and opportunities for workers.” Parham-Shannon will speak at the GBA HR Professionals Institute next month, digging into the question of how diverse is your workplace?
Learn more here…
Current Expected Credit Loss (CECL) Workshop - April 4
On April 4 at Idle Hour Country Club in Macon, GBA will host its next Current Expected Credit Loss (CECL) Workshop in partnership with Mauldin & Jenkins and Bryan Cave, LLP, representatives from those firms will cover methodologies to meet the new CECL requirements of estimating losses over of the life of loans, data challenges of the new CECL model compared to the current ALLL rules, how you can use what you have currently have but with required modifications to address CECL, strategic implications of the Tax Cuts and Jobs Act on financial institutions and emerging legal and compliance issues. Register by March 27 for the early-bird price of $225 per person. Click here to register online. Please contact GBA's Katina Prokos via email or at 404.420.2021 with questions.
Solving The Equation: New Security Technologies = New Security Challenges
At GBA’s 2018 Bank Security Conference
in April, we’ll have a panel discussion on today’s hot technology trends and what implementing these can mean for your bank’s security plan, bank culture, work flow, and staffing. Panelists will be Lori Tucker, EVP at United Bank, retail delivery manager; Chris Lower with CBSi, electronic bank security equipment sales; and Chris McClung, President of Eclipse Brand Builders, a consulting firm to banks on architecture, interior design, construction and design-build. Whether your bank is on the cutting edge of technology or just getting into mobile banking, it’s important for you to understand available technology and how it may one day affect your bank and the customers you serve. The conference will be April 12-13 at The King and Prince Hotel on St. Simons. Click here to get all the details, register online, or to reserve your hotel room. Questions? Contact GBA’s Kathy Friestad, 404.420.2024.
GBA Provides Vital Long-Term Educational Opportunity in Georgia Banking School
GBA's Georgia Banking Schoo
l offers an intensive educational opportunity that provides today’s forward-thinking banker with a one-stop, broad-based curriculum in a conducive university setting environment. Georgia Banking School is a three-year program that meets for six days in May, each year. The 2018 session is being held May 6-11 at the UGA Conference Center and Hotel in Athens. To see what the curricula looks like for each of the three years, click here to see the brochure. You’ll also find tuition cost, inclusions, and other details about the school. More questions? Contact Kathy Friestad, 404.420.2024 or Alison Moreau, 404.217.1804.
Compliance Professionals Build Solid Foundation at Basic Compliance School
As a member of your bank’s compliance team, the demands on your time are great, and the dynamic nature of compliance makes it challenging to get the in-depth training you need to stay on top of things. The GBA Basic Compliance School provides a solid foundation on which students can build a successful compliance management program that will thrive as things change in our regulatory environment. Our faculty is stellar: Patti Blenden, David Dickinson, and Carl Pry. Learning from these three experts over one six-day period is an unbelievable opportunity. GBA Basic Compliance School is a one-year program, and spots are available in the 2018 session, coming up May 6-10. To see the curriculum, tuition and other information, click here. Contact Kathy Friestad, 404.420.2024 or Alison Moreau, 404.217.1804.
Please Join Us - Marketing Peer Group - May 9
Come join us May 9 for a day-long session in Athens. Our first session will be roundtables, where we will discuss peer issues and share valued resources. After lunch, we will join first-year Banking School students for a session about Consumer Behavior taught by Marcus Cunha, professor of Marketing at the University of Georgia. All Georgia bank marketing professionals would benefit from attending this unique opportunity. Registration is $175 per person. Click here to register online. With questions, please contact GBA's Alison Moreau at 404.420.2034.
Leadership Conference - July 16-19, Ponte Vedra, FL
Don’t miss the opportunity to hear quality educational content and build lifetime bonds with other bankers at Leadership GBA’s annual Leadership Conference. The conference is July 16-19 at the Ponte Vedra Inn & Club, Ponte Vedra, FL. Brochures will be mailed in late March, but you can register online here. GBA has reserved a block of rooms at the Ponte Vedra Inn at a reduced rate of $219 to $239 per night. Make reservations by calling the hotel directly at 888.839.9145. Be sure to say you are with the GBA to receive this special rate. The cut-off date for reservations is Friday, June 8. After this date, all reservations will be subject to prevailing rate and space availability. With questions about the conference or Leadership GBA in general, please contact GBA’s Susie McGehee at 404.420.2010.
Don't Wait Until it's Too Late!
Hotel Room Blocks are Nearly Full for these Events!
2018 Annual Meeting
June 17-20
Half Moon Bay, CA
Leadership Conference
July 16-19
Ponte Vedra, FL
Free Webinar - March 12
Is Your Debit Card Brand Program Working For Your Bank?

On March 12, please join Richard Green of Discover Debit to learn more about the review and analysis process of selecting the debit card program for your bank. Letting an existing signature debit network contract simply roll over can seem like the right thing to do, but a closer look might prove otherwise. If it has been a few years since you last signed a contract with your signature network, now is the time to reassess. You are more than likely leaving non-interest income on the table, paying unnecessary fees or dealing with burdensome terms that restrict you from adapting to shifting market trends, including PINless and mobile transactions, the EMV liability shift and changes in the debit card landscape. In Discover’s presentation, you will learn…
Appraisal Pros to Help You Manage the Entire Appraisal Process
GBA's Strategic Partner Valuation Management Group (VMG) is our preferred vendor of appraisal management services. Through our Strategic Partnership with VMG you and your bank can expect the following benefits…
Fill a Job, Find a Job with the GBA Job Bank
The GBA Job Bank is among the most popular and valuable benefits we provide to member banks and bankers. The Positions Available and Bankers Available sections on our website consistently are among the most visited pages. Best of all, the service costs nothing for member banks and bankers. To make the process of posting a job or resume easier and to answer any questions you may have, we've developed this Q & A document as a resource. It outlines how to submit open positions and resumes, our deadlines and timelines for posting, and other helpful details. If you have any questions, please contact GBA's Bo Brannen at 404.420.2014.
Thomasville National Bank
GBA Community Connections
We want to share all the good work GBA member banks, bankers, Associate Members and Bank Counsel Section members do to support their communities. Read all about the Community Connections our banks and members have below. Share your Community Connections by sending a brief paragraph and any photos of activities you have to us and we'll publish them at our earliest opportunity. Send information to Bo Brannen and David Oliver, or if your company would like to sponsor this content, let us know. Here's our latest installment...
For Sale...
Vinings Bank has a finished teller line, including counter tops, under counter steel cash vaults, and bullet resistant glass fronts available for sale. These items are priced to sell! Please contact Mike Sims at msims@viningsbank.com or 404.735.6553 for additional information.
Vinings Bank, Smyrna
Teller Line For Sale
Smith
Abraham
Read All About It: Send Us Your News
Please remember to include the Georgia Bankers Association on the list of recipients for announcements about promotions, new employees and special recognition your bank has received. We want to share your news with your colleagues across the state. Please forward your announcements and photos to GBA's David Oliver and Bogan Brannen