January 26, 2018     

Loudermilk Active in Regulatory Relief House Action
Last week Rep. Barry Loudermilk (R-GA11) was hard at work on legislation that would provide regulatory relief to Georgia’s banks. He supported a key bill that passed the house, and a bill he introduced was approved by the House Financial Services Committee. Last Thursday, Loudermilk spoke on the U.S. House floor in support of H.R. 2954, the Home Mortgage Disclosure Adjustment Act. The House passed the bill Jan. 18. Also that day, the House Financial Services Committee gave the nod to H.R. 4607, the Comprehensive Regulatory Review Act, which Loudermilk introduced. Read more about each bill here…
CFPB: No More “Pushing the Envelope”
In a memo to bureau employees this week, CFBP Acting Director Mick Mulvaney outlined a dramatically different vision for the bureau than that of his predecessor. In the memo, he said he’s halting the agency’s approach of “pushing the envelope” on regulations and enforcement. He said the agency has a new mission, “We will exercise, with humility and prudence, the almost unparalleled power given to us to faithfully enforce the law in furtherance of the mandate given to us by Congress. But we go no further. Simply put, the days of aggressively ‘pushing the envelope’ of the law in the name of the ‘mission’ are over.” More about Mulvaney’s memo here…
GBA Member Profile: Cynthia Day
Why Leadership Doesn’t Come from a Title or Position
Cynthia Day says she learned early on that good leadership starts with how you treat others and is something that grows with a person from an early age. “I learned that leadership is a way of life, not a title or position that is bestowed upon you. It’s a way of life that was taught during elementary years, and it started with the Golden Rule – treat others as you would like to be treated,” she says in this week's GBA Member Profile. Day is Citizens Trust Bank president and CEO and Group 5 director on the GBA Board of Directors. Day also shared with us some thoughts about attracting the next generation of bankers and the value of her bank’s GBA membership and participation. Learn more about her in this week’s member feature here…
Fraud Busting at Banks Stops $17 Billion in Crime
In 2016, banks across the country stopped about $17 billion in fraudulent transactions, up from the previously measured amount of $11 billion in 2014. The results, from a survey out this week from ABA, also show that fraud cost the industry $2.2 billion in losses, which was also up from 2014, but not by nearly as much. Debit card fraud accounted for 58 percent of fraud losses, check fraud was 35 percent, and channels such as online banking and electronic transfers like wires and ACH payments, accounted for 7 percent of industry losses.
How to Track State Legislation Affecting Banking
It’s been another busy week at the Georgia General Assembly. Be on the lookout for this week’s GBA Legislative Update, which we’ll send out after this week’s business at the Gold Dome concludes. Remember, you can always keep track of banking related bills that being considered by visiting our State Issues page. The page includes a full list of bills we’re working on, and has details about which legislation we support or oppose. Click here for GBA’s State Issues. GBA is being represented throughout the session by our Senior Vice President for Government Relations, Elizabeth Chandler, 404.420.2027, President and CEO, Joe Brannen, 404.420.2026, and our Government Relations Consultant Steve Bridges, 404.420.2037.
Last Call! Analyzing Financial Statements - Jan. 30
There is still time to register for GBA’s Analyzing Financial Statements seminar Jan. 30 at Idle Hour Country Club in Macon. A faculty member of the Georgia Banking School with more than 35 years of industry experience, Mike Allen, EVP/senior credit officer for State Bank & Trust Company, will teach attendees how to analyze personal tax returns and commercial financial statements during this hands-on program designed for commercial lending officers, credit trainees and analysts. Registration is $250 per person. Click here to register online. Please contact GBA's Katina Prokos at 404.420.2021 with questions.
Fair Lending - Feb. 6
All banks are expected to implement fair lending activities, including monitoring of lending policies, procedures and practices, loan personnel training, and documented "second reviews" of denied applications. On Feb. 6 at Idle Hour Country Club in Macon, GBA’s Fair Lendingseminar 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. Steve Moore of Bank Compliance Services will cover the following...
Get in Early on BankSafe Training Pilot
We encourage member banks to sign up for the BankSafe training program to combat elder financial exploitation. Georgia is one of 12 states selected to participate in the pilot launch of the training when it goes live in May. Several GBA member banks are already involved. GBA and its Security Committee support this program, as does the Georgia Department of Human Services. The program was developed by AARP in partnership with more than 200 experts from banks and credit unions across the country. You can see how the BankSafe training is different in this short video. The BankSafe training program is designed with the frontline user in mind. The BankSafe training includes...
Support GBA’s PAC at Georgia BankPAC Sporting Clay Tournament - Feb. 8
It is important to help fund GBA’s PAC so the industry can support candidates who will listen to our members’ concerns. You can do that by registering for Leadership GBA’s BankPAC Sporting Clay Tournament. This new fundraiser is Thursday, Feb. 8, at Old Hudson Plantation, Sparta. Put together a foursome or two of bankers, directors, community leaders or even customers to share a round of clays and talk about important banking issues. Registration is $150 per person, $500 per four-man team or $700 for a team and stand sponsorship (a $150 savings). Check our detailed information about the tournament and registration information here. With questions, contact GBA’s Susie McGehee at 404.420.2010.
Auditing Your Payments and BSA/AML Program for Elder Financial Exploitation Gaps Webinar - Feb. 20
With elder financial exploitation increasing based on the significant wealth in the elder population, regulatory expectations have also increased. On Feb. 20 at 2:30 p.m., the Auditing Your Payments and BSA/AML Program for Elder Financial Exploitation Gaps webinar will focus on the basics of this type of crime, federal rules and regulations, specific state laws and focal areas for verifying compliance with regulatory guidance and expectations including payments programs and BSA/AML. Click here to register. With questions, please contact GBA’s Katina Prokos at 404.420.2021.
The Opioid Epidemic: What Your Bank’s HR Team Needs to Know
The opioid epidemic is a national health emergency and Georgia communities are not immune to the effects of this crisis. Something that begins as a course of treatment can turn into a dangerous and deadly habit. At the 2018 GBA HR Professionals Institute, Corporal Eric Rooks, crime prevention coordinator - Special Operations for the Gwinnett County Police Department, will explain why people use opioids, and how, as employees, they can become a problem in the workplace. Registration is open, and anyone involved in Human Resources at their bank is invited and encouraged to attend. Click here to see the detailed agenda, register online, or to reserve your hotel room.
Feb. 21 Seminar to Cover 2018 Call Report Changes
Learn practical techniques to improve your bank’s overall reporting process during GBA’s Call Reporting seminar Feb. 21 at The Brickyard Golf Club in Macon. The session will include a review of the proposed and finalized changes for 2018, including those changes for Form 041 filers and Form 051 filers. Particular attention will be placed on Schedules RC-C, RC-R and other areas receiving increased regulatory scrutiny. Click here to register online. Please contact GBA's Katina Prokos at 404.420.2021 with questions.
Op Tech Conference Agenda Features Experts on Debit Card Programs and Biometrics
Are you getting the most bang for your buck with your signature debit card program? At the pre-conference sessions for our Operations and Technology Conference, Mark Reda, business development with PULSE, a Discover Company, will discuss factors your bank should consider when adjusting or making a change in your debit card program. Then, during the traditional conference, attendees will be in for a treat as Al White and Jason Missildine, technology solutions professionals with Microsoft, will discuss biometric technology such as facial recognition, fingerprint and retinal scans - what’s being used now, what’s possible and what’s on the horizon. Don’t miss these informative and enlightening sessions. Register today by clicking here
Marketing Peer Group - May 9
Join GBA School Students for a Day of Consumer Behavior Education in Athens

We’re trying something new at this spring’s Marketing Peer Group meeting. We’ll go on-campus May 9 for a day-long session in Athens alongside the students at the Georgia Banking School and GBA Compliance School. Marketing pros first will meet among themselves for resource sharing and peer issues discussion. Then, in the afternoon, they’ll 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. But, register early because space is limited. Registration is $175 per person. Click here to register online. With questions, please contact GBA's Alison Moreau at 404.420.2034. Thanks to GBA's Marketing Committee for planning a program with timely sessions on the tools and strategies that will keep your bank relevant in today's environment.
GBA Ag Committee Meets to Begin Planning May Conference
GBA’s Agriculture Committee met this week in Macon to begin planning the 2018 Rural Development and Lending Conference, which will be May 21-22 at The King and Prince on St. Simons. The Ag Committee is led by chair Chris McCard, South Georgia Banking Company, Ashburn, and the vice chair is Todd Harrell, United National Bank in Cairo. During the planning meeting, committee members enjoyed a lively around-the-table discussion about what’s going on in members’ markets related to agri-business and trends in ag markets. Watch your GBA Bulletin for a registration announcement for the Rural Development and Lending Conference, and for articles about the sessions and speakers.
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.
Bank Assetpoint Helps Banks Market Assets
Bank Assetpoint® allows members to search for and post assets for sale, either directly or through your real estate broker or loan sale advisor, and to connect with specialty service providers. You can access to a large number of eligible buyers, facilitating faster disposition, as well as the potential to capture the value of your assets, as well as easily post and monitor a wide range of assets - including performing and nonperforming loans, loan participations, loan pools, and commercial OREO - in a single, secure place. Check out Bank Assetpoint at www.bankassetpoint.com. It's quick and easy to get started. With questions, contact Promontory's Danny Capitel, 770.630.6796.
Why Should Your Bank Partner With ServiceLink National Flood?
With so many changes occurring to the FEMA flood maps, your bank is assured to receive both accurate and reliable flood zone determinations by going with ServiceLink. GBA partners with ServiceLink because they connect to 50 Loan Origination Software platforms, and provide a superior experience using the most advanced technology. ServiceLink will also take over the life of Loan tracking of your bank’s current servicing portfolio at no additional charge. ServiceLink is currently performing life of loan tracking on over 35 million properties. Your bank can trust that it will receive on-time notification of FEMA flood status changes. Any time your team needs assistance, ServiceLink will be there. For more information about ServiceLink, please email Virgil Draper, virgil.draper@svclnk.com.
The Claxton 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...
FNB Decatur County
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