May 18, 2018        

Reform Bill May get Tuesday Debate, Vote
We've gotten word that the full U.S. House will consider the Senate's bipartisan financial services regulatory reform bill (S. 2155) Tuesday, May 22. We're keeping up the volume on our support through direct contact with members of our delegation as well as by signing a joint state association letter this week to Speaker of the House Paul Ryan (R-WI) and Minority Leader Nancy Pelosi (D-CA). More about the Regulatory Relief vote here...
Continued Enhancements to Director Protections Available for Georgia State Banks
With Governor Deal signing the DBF Housekeeping Bill into law, Georgia state banks have a new alternative for providing protection from personal monetary liability to their directors. Last year, the General Assembly passed HB 192 to modernize the presumptions applicable to director decision-making, creating a gross negligence standard for those processes. For a refresher on the impact of HB 192, click here. This year, the enactment of HB 780 allows Georgia state banks to strengthen limitations of liability applicable to directors, making those limitations applicable to actions brought on behalf of shareholders of the bank as well as the bank itself. This change could have key importance in the event of a lawsuit brought by the FDIC and should give directors enhanced comfort in serving a Georgia state bank. For more details, click here. We recommend that each Georgia state bank discuss this change in law with its counsel.
Students Shine at Georgia Banking School and Basic Compliance School
More than 150 Georgia bankers gathered in Athens last week for Georgia Banking School and Basic Compliance School and more than 70 faculty members, class facilitators and school Board members contributed by sharing their time and expertise with the students. Jonathan Blackledge from Fidelity Bank in Atlanta, one of 46 First-Year Banking School students, described his experience this way, "I was truly blown away. I cannot wait to get back for the second year,” he said. “I am so grateful for the opportunity to attend and listen to such a knowledgeable team of instructors.”

A special congratulations to the Georgia Banking School Class of 2018 Graduate of Distinction, Daniel Diaddigo, CBC National Bank, Alpharetta, and our Class of 2018 Honor Graduates Ashby Bethune, Queensborough National Bank & Trust, Augusta, Ryan Hunt, State Bank and Trust Company, Athens, and Katie Tondee, The Citizens Bank of Americus. These students earned highest average of grades on school tests and home studies and demonstrated exceptional class leadership over their three years in the program. Click here for other GBA school highlights and photos...
Amaze Your Friends with Your Knowledge!
If you follow the Legislative Update we publish throughout the time the General Assembly is in session, you're aware of the large number of bills we monitor. We've reported earlier that the Governor signed our priority legislation from the last legislative session as well as a number of other bills we helped perfect. But have you ever wondered how many bills that get introduced actually get signed into law? Here are some quick facts brought to us courtesy of Legislative Navigator, a site created by the Atlanta Journal-Constitution. In the 2017-2018 biennial that concluded March 28, their analysis showed...
Maddox and Burnsed
Georgia Primary Voting May 22
We've been hearing lots of buzz among our members who have been taking advantage of early voting for Georgia's primary elections culminating May 22. “This is perhaps one of the most important elections that will occur in our state in some time. With every member of the U.S. House, the Georgia General Assembly, statewide and many local constitutional officers on the ballot, voters will decide the future direction of our state. We encourage our bankers to let their voices be heard at the ballot boxes,” said GBA president and CEO Joe Brannen. Communities have always looked to bankers for leadership. Those Georgians who happen to be bankers are among the first to volunteer for local charities, economic development initiatives and civic organizations. Throughout GBA's 125 year history, Georgia bankers have also taken a second step and put themselves up for election to public office. GBA's 1911-1912 chairman, Robert Maddox, served as a Fulton County Commissioner and was elected Mayor of Atlanta. GBA's 2001-2002 chairman, Jimmy Burnsed, served on the city council and as Mayor of Garden City and was elected chairman of the Bryan County Commission. There are hundreds of other examples and the tradition of elected service continues. As our attention turns to local and statewide elections, in a Special E-Bulletin edition, we highlighted just a few of today's bankers who have been elected to serve on their city council, county commission, local school board or as a member of the General Assembly. These everyday Georgians have an extraordinary effect on the people they serve. Among those contributing their story is the longest serving member of the Georgia House, three presidents of the Georgia School Boards Association, and city council and county commission members who have worked to remove blight, bring financial management and improve infrastructure to their communities. If you didn't see the special E-Bulletin, here's a link to their stories in their own words...

Note: If you or a co-worker serve in an elected capacity please let us hear from you so we can include the recognition in follow up stories we'll do as we learn about more member bankers who serve. Email Joe Brannen, David Oliver and Bo Brannen.
DBF Proposes New Rules
The Georgia Department of Banking and Finance issued proposed new rules for comment Thursday. The proposal covers adjustments to about 30 different areas governing financial services institutions supervised by the department and were needed due to changes to the Code adopted in the 2018 legislative session. The proposal includes a short summary of each change as well as the full language of the new or updated rule. Comments to the Department of Banking and Finance must be received by the close of business on Monday, June 18, 2018. Get all the details here...
GBA Member Profile
How Chris McCard 'Stumbled' into a 26-year Career

Sometimes career paths take unexpected turns. That was the case soon after college for Chris McCard. “I actually sort of stumbled into a career in banking. After college I took a job in the real estate and appraisal field, and a year later I was offered a position with a local bank, which I accepted. The bank allowed me to continue pursuing my state appraisal certification while learning the different areas of banking as a management/lender trainee,” says McCard. He's now in his 26th year as a banker, serving as city president for South Georgia Banking Company in Ashburn. He also is chair of the GBA Agriculture Committee. Learn what McCard's favorite part of the day is at the bank and what he considers most rewarding about his job in this week's GBA member profile…
Last Call - Georgia Agri-Business Bankers to Meet Next Week
We're excited to welcome a big crowd of Georgia ag and rural market lenders to the Rural Development and Lending Conference next week on St. Simons. In addition to an exceptional slate of industry experts, bankers, and educators, the attendees enjoy many opportunities to informally network and information share. There is still time to register to attend! Click here to access the brochure, register online, and to see hotel reservation information.
Hagler Elected to National Leadership Role
Congratulations to Georgia Banking Commissioner Kevin Hagler, who has been elected Vice Chair of the Conference of State Bank Supervisors (CSBS). With his election to this post, he continues moving through the cycle of officer chairs and is expected to become chair in two years. “This national recognition is a testament to Commissioner Hagler's thought-leadership on important supervisory issues at the state and national level,” said Joe Brannen, GBA president and CEO. Read more about Hagler's CSBS election here...
Regulatory News and Resource Roundup
Beneficial Ownership Provision Suspended, CECL Comments, CFPB Rules and TILA/RESPA Information
It was a busy week for items of note from national regulatory agencies. Click here for important details about four announcements…
What Happens at the GBA Annual Meeting?
The GBA Annual Meeting is our signature event for member executive teams to learn the latest industry information and to conduct the official business of the association as it moves in to the new year of service to banks throughout Georgia - something we've been doing for 125 years. We recommend that all member banks send a representative to the meeting. The program is all about...
Compliance Peer Group Meeting - June 6
All the Regulatory Updates You Need in Day-long Meeting

GBA's Compliance Peer Group Meeting is your one-stop shop for regulatory updates and sharing with your peers about current issues. At the next session June 6 at Idle Hour Country Club in Macon, Brad Washburn, Steve H. Powell & Company, Statesboro, will go over the newest TRID changes, new Mortgage Servicing Rules and Prepaid Card Rules. The group will then have an open discussion on the new HMDA and Beneficial Ownership rules as well as the Military Lending Act in regards to indirect lending. Click here to register
Expect Home Runs from the All-Star Lineup at Leadership Conference
All GBA member banks should have a representative at the 2018 Leadership Conference July 16-19 in Ponte Vedra, FL. The bankers on the Leadership GBA Executive Committee have nailed down a well-rounded lineup of industry intelligence for attendees. It includes...
SunMark Community Bank Warns of Stolen Cashier's Checks
Banks are encouraged to be on the lookout for stolen cashier's checks bearing the SunMark Community Bank name. The checks are numbered #79951 - #81350. For additional information and to verify the authenticity of any cashier's checks drawn on SunMark Community Bank, please contact the bank's operations department at 478.783.4036.
Credit Committee Tracking Conditions
The GBA Credit Committee met this week to compare notes on credit, underwriting and general business conditions around the state. Led by committee Vice Chair Bill Thompson, Queensborough National Bank and Trust, the committee members talked about a variety of topics such as lending conditions, consumer loan approaches, technology, competitive pressures, credit quality trends, talent development, appraisal issues and more. They also took time to start mapping out the program for the 2018 Credit Conference that will be Dec. 13-14 at the Atlanta Renaissance Waverly Hotel. Look for more info soon!
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 It's quick and easy to get started. With questions, contact Promontory's Danny Capitel, 770.630.6796.
Products and Services the Focus at Synergy by Association Summit
Last week, we had the pleasure of spending two full and action-packed days networking with some of our state association peers from across the country. It all went down during the Oregon Bankers Association's Synergy by Association Coalition Summit--where the OBA graciously hosted a group of 50+ in Nashville, TN. There were some fantastic takeaways, and we learned a lot about some great products and services that you'll be hearing more about soon. A big thanks is due to the OBA for planning such a great event and to the Tennessee Bankers Association for allowing us to meet in their state-of-the-art training center to collaborate and learn. With questions about any of GBA's products and services, please contact Bo Brannen, 404.420.2014.
Synergy by Association Coalition Summit
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...
Fidelity Bank
United Bank
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.