Dec. 13, 2019

Kemp

Gov. Kemp Added to Legislative / Economic Forum Lineup

We’re honored that Georgia Gov. Brian Kemp is expected to join us during our Legislative/Economic Forum Jan. 15. Don’t miss out on this opportunity to hear from the state’s chief executive. We’re sure he’ll touch on the contributions by GBA member bankers to the Georgian’s First Commission as well as other key policy priorities. Other confirmed keynote guests include John Ashford of the Hawthorn Group with a national political update, Georgia Banking Commissioner Kevin Hagler, and an economic update from Jeffrey Dorfman from the University of Georgia. We’ll also have drop-ins from other key legislators, so stay tuned for updates. More info here.

GBA to Sponsor House Rural Development Council Meeting in Americus

GBA has closely followed the work of the House Rural Development Council over its three-year tenure. We look forward to helping host the group for its final meeting of 2019 next week in Americus. The Council is expected to discuss their legislative recommendations and final report of their meetings held around Georgia. GBA member bankers have provided input from the beginning. Learn more here.
Tomlinson

Economic Development Focus
Flint Community Bank’s Tomlinson Leads Albany Chamber

As we’re focusing this year on the important role bankers play in economic development, we want to highlight examples of how members are leading in that arena. Flint Community Bank President and CEO Scott Tomlinson is the chairman of the Albany Chamber this year. Tomlinson shared his thoughts on the importance of the chamber, connecting to the community and the work they’ve done to support business growth in the past year in this Albany CEO video. Tomlinson is a past member of the GBA Community Bankers Committee and past GBA Group 2 officer. Economic development emphasis is a priority initiative for GBA Chairman Chuck Copeland, First National Bank of Griffin, during his term.

Coleman, Curry Receive 50-Year Banker Recognition

This week GBA made a visit to First State Bank of Randolph County in Cuthbert recognize two special bankers for more than 50 years of service to the banking industry -- Vonda Coleman and former president and CEO, Charlie Curry. Joe Brannen, GBA president and CEO, presented the honors to Coleman and Charlie’s family, including Scott Curry, who is the bank’s current CEO, during a ceremony at the bank. Coleman, who is a board member and retired senior vice president, began her career at the bank in 1968. Charlie, who died in early 2018, also began his career in 1968, and his plaque will be on display in the bank’s lobby to honor his legacy. Read about his involvement with GBA and comments from Brannen here.
Vonda Coleman (center)
Charlie Curry's family

CRA Modernization Proposal Rolled out by OCC, FDIC

At it’s board meeting Thursday, the FDIC signed on to the OCC’s proposal for updating the 40-year-old Community Reinvestment Act (CRA) rules. The regulators jointly released the proposal Thursday afternoon. The intent of the update is to more precisely define the types of lending and other activities that are eligible for CRA credit and to better align geographic assessment areas to account for mobile banking and other technology that didn’t exist in 1977 when the law was enacted, the agencies said. We’ll be digging in to the details now that we’ve got a copy of the proposal to help shape a possible comment letter, so stay tuned for more analysis in the coming weeks. Read more here.

FDIC Proposes Updates to Brokered Deposit Rules

The FDIC Thursday announced its proposal to overhaul brokered deposit rules. The law on brokered deposits was enacted in 1989, and there have been significant changes in the banking landscape since that time, the agency said. The proposal would establish new ways to analyze whether deposits are truly "brokered" when placed through arrangements with insured institutions and other entities including financial technology companies. It also would revise a number of other important provisions and definitions. Get more details and access the proposal here. We’ll be analyzing for a possible comment letter, which is due 60 days after publication in the Federal Register. Earlier in the year GBA worked with an industry task force to provide preliminary feedback to FDIC about important updates to consider for the proposal. With questions or comments, contact Joe Brannen, 404.420.2026, or Elizabeth Chandler, 404.420.2027.

A $2-Bill Story Worth Much More about the Value of Relationships

What can a two-dollar bill teach us about the power of relationships? A lot, it turns out. Check out this video clip from an Albany-area pharmacist in the Albany CEO online publication. He shares a story about how taking a little extra time to get to know a 90-year old customer salvaged a business relationship, turned into a friendship and a forged a unique bond with the exchange of two-dollar bills. There’s a banking angle in that the employees at the pharmacy customer’s bank made a special effort to have the bills on had for him upon request, and the pharmacy owner talks about how personal interaction is still important in an age of technology.

Credit Conference Covers Full Scope of Banking Environment

The presenters during this year’s GBA Credit Conference left no stone unturned in covering the breadth of business and banking conditions in Georgia for the capacity crowd at this year’s event. Housing, commercial real estate, agriculture, credit policy trends and best practices, economic development, an economic forecast, advocacy priorities and leadership development were the key issues covered. Read a detailed summary of the content here. Thanks to the GBA Credit Committee, led by Chair Eddie Hoyle, Colony Bank, and Vice Chair Stacy Brantley, Morris Bank, for their leadership to plan the conference. Also, thanks to our sponsors and exhibitors who help make the event possible. With questions, contact Alison Moreau, 404.420.2034.

Credit, Cyber, Rate Risks Highlighted by OCC

With the economy and overall banking industry remaining in good shape these days, now’s the time for banks to carefully evaluate risk, says the OCC this week in it’s latest Semiannual Risk Perspective. Credit risk bears watching as competition with nonbanks continues to grow, volatility in repo markets could enhance interest rate risk and cybersecurity complexity creates operational risk. Read the report here.

2019 BankPAC Campaign Update

The GBA FedPAC and StatePAC is coming to a close for 2019. We have seen really good success in terms of the amounts raised in each fund and in the number of contributors this year. There is still time to participate, and it is easy to do so. With online capability of contributing to the GBA FedPAC, all eligible employees, officers and directors, can simply use this link to make a contribution online. Also, here are the contribution forms for both the FedPAC and the StatePAC which include a useful guide of suggested amounts of giving. See how your GBA Group has fared this year. Many thanks to these members for contributing to the GBA StatePAC and FedPAC this week.

Time to Update Your MyGBA Profile

Now’s a good time to take a moment to take a look at and update your MyGBA profile. We want to make sure it’s easy for you to register for programs and events and that you continue to get all the latest news and information about your valuable GBA membership benefits. If you are unsure of your login credentials, your username is the most recent email we have on file for you. You can use that to access the "Forgot my password" feature and re-set your credentials. Please let ShaKeya Snipes and Katina Prokos know if you have any questions or need any help with the sign-in or updating process.

Sign Up Today for 2020 GBA Operations and Technology Conference - Feb. 26-28, St. Simons

Plans are coming together for GBA’s 2020 Operations and Technology Conference, Feb. 26-28, at The King and Prince Hotel, St. Simons Island. New this year - this is a three-day conference with sessions beginning Wednesday, Feb. 26, at 12:45 p.m., and concluding Friday, Feb. 28, at noon. The agenda includes these topics. If you are your bank’s technology officer, IT manager, ISO, or involved in deposit operations, business development or even compliance, don’t miss this conference. The per-person registration price is $635 through Feb. 12 and $685 beginning Feb. 13. The cut-off for reservations is Jan. 29, 2020, and rooms in the GBA block may sell out before that date. Click here to register and to see hotel information. Contact GBA’s Alison Moreau with questions, 404.420.2034.

GBA Strategic Partner FMS Helps Banks with Marketing, Branding, Social Media and More

Digital marketing channels such as email, social media, blogs, online display ads, search engine optimization, and search engine and mobile marketing are important for winning new business from today's bank customers. GBA Strategic Partner Financial Marketing Solutions, or simply FMS, is a group of strategists and creative thinkers who serve banks, and only banks. The bank brands and other projects they endeavor to create are unique and crafted with care, personal devotion and obvious passion. Read more here.
Allen

Analyzing Personal Cash Flow & Tax Returns Seminar, Jan. 29

Back by popular demand, Mike Allen of Cadence Bank, a faculty member of the Georgia Banking School with more than 40 years of industry experience, will cover the A-Zs of how to analyze personal cash flow and personal tax returns. This program is designed for consumer lenders, commercial lenders, and credit analysts/underwriters. The seminar will assist those bankers who originate consumer loans as well as commercial bankers and underwriters who want to get a clear picture of a guarantor's cash flow to aid in identifying the availability of excess personal cash flow that could be available to provide additional support to related borrowing requests. Through a combination of lecture and casework, participants will learn how to calculate sources and uses of personal cash flow and any remaining cash flow to support additional debt. To register, click here.

Enroll Now for the 2020 Georgia Banking School

You can make 2020 a pivotal year for your career by enrolling in the Georgia Banking School scheduled for May 3-8 in Athens. The numbers speak for themselves:

Webinar Subscription Packages

Are you looking to save money and time, while training your employees as efficiently as possible? A webinar subscription package is a great option to get maximum value for a fraction of the price of most online training. The subscription packages are shareable for your entire institution, simplify your budgeting process and offer webinars at a lower rate than purchasing them individually. You may register for live webinars as well as OnDemand or CD recordings. Credits do not expire and there are more than 300 webinars to choose from each year. Click here to see some of the topics. For more information, please contact GBA’s ShaKeya Snipes at 404.420.2020. Click here for a full list of the webinar subscription packages.

Recruit, Retain and Develop the Best Bankers with GBA Career Solutions

GBA Job Bank - GBA will post open positions, free of charge, for GBA members. See the open positions in Georgia here. We will also post professional summaries for bank-job seekers on our Bankers Available page. To make the process easy and answer any questions, we've developed this
Q & A. Please contact Katina Prokos, 404.420.2021.
GBA Strategic Partner BankTalentHQ - The central feature of BankTalentHQ is its national bank-job board. Other key benefits include: resume search access, regional and national reach for your open positions, frequent special offers and custom sales/coaching programs. Visit BankTalentHQ to learn more. See the open positions in Georgia here, or search regionally or nationally here.
GBA’s Career Paths for Bankers™ - GBA’s Career Paths for Bankers™ is the most unique, organized and easy-to-use career development resource available for bankers and banks. GBA’s pioneering career development resource is unlike any other in the banking industry. Click here to start mapping your banking career today.
Why do people choose careers in banking? Whatever their talents, interests and educational background, there is a career in banking for them. Here are few good reasons to share with folks you know.
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 Katina Prokos and David Oliver, or if your company would like to sponsor this content, let us know. Here's our latest installment...
First American Bank & Trust
Cadence Bank
Southern First Bank
First Port City Bank
United National Bank
Citizens Bank and Trust Co.
Peach State Bank & Trust
South Georgia Banking Co.
Kinard
Torris
Mann
Cox
Bartholomew
Ison
Rahn
Hatcher
Hammond
Read All About It: Send Us Your News
We want to share your news with your colleagues around the state. Please forward your announcements about promotions, new employees and special recognition your bank has received along with any available photos to GBA's David Oliver and Katina Prokos.