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February 1, 2019

Perdue, Isakson Introduce Special Farm Disaster Relief Package

Georgia Sens. David Perdue and Johnny Isakson have introduced a supplemental funding package that will provide about $3 billion for disaster relief across the country, including critical funds for Georgia farmers recovering in the wake of Hurricane Michael. Read what the senators had to say about it and get more details here.

GBA among Industry Groups Supporting Case against Credit Union Field of Membership

There’s a legal challenge to the NCUA’s expanded field of membership rule making its way through the courts, and GBA is among bankers associations from all 50 states and Puerto Rico that filed an amicus brief supporting the challenge. The final rule in question greatly expands the acceptable field of membership for federal credit unions by making definitions of local communities and "rural" districts that are simply unreasonable, the brief says. Some rural districts comprise entire states, extend into major metro areas and span more than 100,000 square miles, and that’s simply beyond the intent of the congressional mandate that federal credit unions limit membership to those within "a well-defined local community, neighborhood or rural district." Read the brief here.

Loudermilk to President Trump...

State Supervisory Experience Needed for Open FDIC Director Seats

None of the three FDIC independent directors since 2012 have had state bank supervisory experience, something that a 1996 amendment to the Federal Deposit Insurance Act requires. U.S. Rep. Barry Loudermilk (R-GA11) this week authored a letter signed by his Republican colleagues on the House Financial Services Committee urging President Trump to nominate someone with state bank supervisory experience for at least one of two current vacancies on the board. Read our take here.

In Case You Missed It...GBA Legislative Update

Priority Bill Introduced, Others of Interest Expected to Move Soon

The Georgia General Assembly soldiered on with its work this week. Senate Banking and Financial Institutions Committee Chair William Ligon (R-Brunswick) introduced SB 37 this week, which is a GBA priority bill. It would restore the proper method of releasing or rescinding a written guaranty. Our advocacy team is also following a couple of additional bills we support, and four additional bills of interest to banks were introduced and added to our tracking list. Read more here.
Loudermilk and Scott

Scott, Loudermilk on Key Subcommittees

Subcommittee assignments for the U.S. House Financial Services Committee have been announced, and Georgia is well represented on three of them. Rep. David Scott (D-GA13) will serve on the Consumer Protection and Financial Institutions and the Investor Protection, Entrepreneurship and Capital Markets subcommittees, and Rep. Barry Loudermilk (D-GA11) will serve on the Oversight and Investigations and the Consumer Protection and Financial Institutions subcommittees. With Committee Chair Maxine Waters (D-CA) promising a focus on consumer protection and oversight of large financial institutions, the work of these committees is sure to be in the spotlight. We’re in frequent contact with Reps. Scott and Loudermilk and their staffs. With questions, contact Joe Brannen, 404.420.2026, or Elizabeth Chandler, 404.420.2027.

U.S. Senate Banking Committee sets Housing Reform as Priority

Housing agency reform, capital formation for new business and data security are the top three committee priorities during this session of Congress outlined by Senate Banking Committee Chairman Mike Crapo (R-Idaho). Georgia Sen. David Perdue is a member of the committee. Also on the committee priority list are targeted reforms for credit bureaus, work on fintech regulation and a long-term update of the National Flood Insurance Program. Details here.

The 1881 Store That’s Now a Bank

A Google search for "branch of the future" turns up 482 million results, but not one of them is likely to feature United Community Bank’s unique Old Lost Mountain Store branch in Powder Springs. The branch is in a restored country store originally built in 1881. Independent Bank and Trust Company, which merged into United Community Bank, bought and restored the building in 1995. The wood floors are original, there’s a section that still looks like a country store and wood from the store was used for bank countertops and tables. The branch recently caught the eye of a newcomer to the area who inquired to the Atlanta Journal-Constitution about its origins. Read the story here.
Vintage photo of the store
Restored bank branch

Annual Meeting Program Taking Shape

Conversational Banking with Fiserv VP of Strategy

We hope you’re getting excited about GBA’s 2019 Annual Meeting June 23-26 at the Fairmont Banff Springs, Alberta, Canada. If you didn’t catch yesterday’s blast email, click here for an expanded travel guide to help you make your hotel and travel plans. Click here for a snapshot of the Annual Meeting agenda. The program is taking solid shape, and one of the sessions we’re excited about is "The Future is Conversational Banking: Intelligent Customer Interactions at the Point of Thought," with Virginia Heyburn, VP of Strategy with Fiserv’s Global Sales Organization. Read about the session here. Keep an eye on future e-Bulletins for more details on meeting sessions, as well as specs on optional tours and activities we’ll be offering for you and your family. Ready to register now? Just click here! If you have questions as you make your plans, contact GBA’s Kathy Friestad, 404.420.2024.

Georgia Banking School Highlight

Real Life Banking Simulation Preps Leaders

The culmination of the Georgia Banking School program is when third-year students go through the Bank Sim exercise. "Bank Sim brings to life how a bank runs beyond it’s balance sheet and profit/loss statements. It’s the capstone of the three-year program and students use all they’ve learned in the previous on-campus sessions and home study projects," says First American Bank and Trust Company’s Joe Nemetz, the school’s third-year class coordinator. Students are placed in teams and compete with each other, concluding with a presentation at the end of the on-campus week in their third year. Now’s the time to register new students for their first year so they get going on the path toward this valuable simulation that prepares them for executive roles in your bank. This year’s on-campus session is May 5-10 in Athens. Early-bird registration ends Feb. 15, so get yourself of your bank’s student registered ASAP. Details and registration information here. With questions, please contact GBA’s Alison Moreau, 404.420.2034 or Jenna Lynn Warner, 404.420.2035.

GBA Advanced Compliance School Highlight

Faculty of All-Stars to Help Hone Compliance Craft

There’s no better one-stop place for Georgia compliance pros to get a thorough dose of critical compliance skill building than this year’s GBA Advanced Compliance School. Our faculty is full of nationally known experts teaching the courses. The names Carl Pry, Patti Blenden and Pam Perdue are well known to compliance experts for compelling, detailed and thorough teaching, and Georgia compliance professionals Jim Bedsole and Thomas Williams bring more than 55 years of compliance experience to bear to help students in their classes. Get more information here.

Ops/Tech Conference March 25-27

Thirteen Sessions over 2.5 Days Offer Something for All

Bank operations and technology pros lucky enough to come for the entire duration of this year’s GBA Operations and Technology pre-conference and conference programming will walk away with notebooks full of ideas and best practices. We’ve got 13 sessions planned in total, with six sessions special to the pre-conference agenda and seven sessions during the main conference portion. Topics include combating financial crime, info security best practices, collaboration best practices, payments trends, lending technology, regulatory updates and structured as well as informal networking time. Get more details and register online here.

HR Professionals Institute March 20-22

Labor Commissioner Mark Butler Set for Conference

No conference about human resources would be complete without a good read on the labor market in our home state. And who better to provide that than Georgia Labor Commissioner Mark Butler? He’ll address Georgia HR professionals at this year’s HR Professionals Institute, and he’ll cover trends in including the types of new jobs that are opening up, an overall employment picture and how Georgia’s financial institutions may be affected by the overall trends in pay, workforce development and available talent pools. Get details and access registration here. Contact GBA’s Alison Moreau with questions, 404.420.2034.

South Georgia Community Bank Symposium to Hosts Student Panel

Survey after survey shows attracting new talent to the banking industry is a top concern for bank leaders. It’s a challenge for sure. At the South Georgia Community Bank Symposium on March 6, we’ll hear from a panel of Valdosta State finance students about their outlook on careers in the banking industry, with thoughts about community banks in particular. The session will also include a discussion of the importance and experience of internships for both companies and students, and include information on resources at Valdosta State that can help match up students and banks interested in internships. Get more info here.

Upcoming February Seminars

Learn about IRAs, Call Reporting and Fair Lending

Click the links above to learn more. Registration is only $250 per person until the week before the seminar. These seminars will be held at Middle Georgia State University, Macon. Please contact GBA’s Jenna Lynn Warner, 404.420.2035, with questions.

Registration Open for GBA’s Spring Marketing Peer Group April 30

GBA’s Marketing Committee met last week to discuss the program for the upcoming spring Marketing Peer Group Meeting on April 30 at Middle Georgia State University, Macon. GBA’s Marketing Peer Group meets twice a year and last fall more than 35 marketers came together from all over the state to discuss trends in the marketing world and share ideas. This spring the program for the Marketing Peer Group will include an attendee favorite peer exchange session as well as a vendor information exchange session and industry relevant speakers. Register here and stay tuned for a detailed agenda. Registration is only $125 per person. Please contact GBA’s Jenna Lynn Warner, 404.420.2035, with questions.

Time for an Insurance Program Review?

ABA Insurance Services is the Most Reliable Source of Insurance for Banks

If your bank is undergoing or considering a review of its business insurance programs, please keep in mind that GBA Strategic Partner ABA Insurance Services (ABAIS) is committed to serving and supporting banks by providing quality insurance and excellent customer service. We know you may have a local agent or broker you prefer to use, so the ABA Insurance program will work with your local agent to develop quotes for you. If you don’t have an in-state agent, please see the next article about GBA’s endorsed agency McEver & Tribble. Check in with Pat Williams, 410.960.6878, at ABA Insurance Services for more details. This unique bank-owned, banker-directed program has been supporting the banking industry for over 30 years.

Have You Talked with GBA’s Endorsed In-State Insurance Agents at McEver & Tribble?

With an independent insurance agent, you have choices. Independent agents aren’t tied to any one insurance company. McEver & Tribble is a full-service property and casualty insurance brokerage firm that has been serving the Southeast for over 40 years and represents more than 25 different insurance carriers. McEver & Tribble is proud to be the GBA’s in-state representative for the Bond and D&O Liability Coverage offered through GBA Strategic Partner ABA Insurance Services. The insurance pros at McEver & Tribble are focused on long-term relationships and providing first-class customer service. Find out more about McEver & Tribble today by contacting W. Hayward McEver, 404.949.3825.

Four Low-Cost Public Relations Tactics that Can Drive New Sales

Most banks around the state face the same challenge: how to publicize their products and services at a price that’s right and generate more business? Banks of any size with any budget can use several low-cost public relations tactics to achieve this goal, says Scott Scredon of GBA Associate Member Scott Scredon and Associates. Read his tips here.

GBA Retirement Services: Annual Reminders

We know it’s a crazy of time of year for Human Resources professionals, so here are some helpful reminders for all related to bank retirement plans. Please contact Mandy Richards at 404.420.2025 or Danielle Driggers at 404.420.2002 for more information on how GBA Retirement Services can improve your 401(k) Plan and help your plan participants.

GBA Insurance Trust's Telemedicine Program a Hit

We are officially one month into our new Wellview Telemedicine Service and the feedback we are receiving is that our members love this new, simple and convenient benefit. Remember, this service is powered by Wellview Health and provided to all members of GBA Insurance Trust at no cost,* including spouses and dependents on a GBAIT medical plan. Get more information here. We hope you are loving this new benefit! If you have questions, please contact Danielle Driggers at 404.420.2002.

Courses to help Associate Members Better Know their Customers

ABA’s Bank Solutions Provider Certificate is designed for people employed by companies that provide products and services to the banking industry. Bank service providers need a broad understanding of the banking business. Enable your team to better know their bank customers - from terminology they use to the constructs under which they operate. The certificate curriculum provides participants with an understanding of the role that banks play, the products and services they offer and the kinds of customers they serve. Read about the courses and what you’ll learn here.

Online Classes - February

Something for Every Skill Set

Check out these nine courses that start in February. These ABA-facilitated online courses feature an online learning community with fellow students, instructor guidance and feedback. See the upcoming ABA online courses here.
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. If you have any questions, please contact GBA's Katina Prokos at 404.420.2021.
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...
AB&T; / The Piedmont Bank
First Port City Bank
Glennville Bank
R. Thompson
K. Thompson
Dunn and Donahue
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.