June 7, 2019    

U.S. reps Austin Scott and Sanford Bishop, Jr.

President Signs Disaster Aid Bill

The President Thursday signed a long-awaited $19.1-billion disaster aid package that includes $3 billion in funding for aid to cover agricultural losses from Hurricane Michael, and there is also funding that will help Georgia blueberry farmers who suffered weather-related crop damage in 2017. The Secretary of Agriculture and USDA will be developing final rules as to how the money will be distributed. We expect it will be some combination of WHIP and block grants. We’ll share information as it becomes available. "From day one, members of GBA’s Agriculture Committee played a major role in getting help for their farm customers with recommendations for improving the aid programs to be funded and advocating for action. I want to thank those of you served on the subcommittee," said GBA Chairman John Hall, American Pride Bank, Macon. With questions, contact Joe Brannen, 404.420.2026, or Elizabeth Chandler, 404.420.2027.

Georgians Earn GSBLSU Degrees

Congratulations to the 17 Georgia banking professionals who earned their diploma from the Graduate School of Banking at LSU May 31. Here’s a list of the graduates and all Georgia students. There were 43 total students from Georgia in the three classes. In addition, several Georgia students had leadership positions or earned honors during this session. Senior class member Jack Jackson, supervisory examiner, Georgia Dept. of Banking & Finance, and Class of 2020 member Catherine Bryant, First American Bank & Trust, Athens, were recognized for making all A’s and only one B on coursework. Several Georgia bankers were on winning bank simulation teams. They were Brett Willlis, Synovus Bank, Community A; Jennifer Stalvey, Southwest Georgia Bank, Community B; and Perry Revell, AB&T, Community C. Hamilton Leon, Bank OZK, Atlanta, is on the class of 2020 advisory council.
The school also benefits from leadership and faculty from Georgia…GBA was one of the southeastern banking associations organizing the school 69 years ago. Georgia has the fourth most graduates from the program in its history, with 1,647. For more details, click here.

Rates, Margin Pressure, Loan Payoffs on Minds of CFOs

The GBA Asset-Liability committee comprised of member bank CFOs and Associate Members met this week to share information about banking conditions and to begin planning the GBA Financial Risk Management Conference. Overall, they reported generally good business conditions and some challenges that varied by bank and region. A number of committee members cited planning they’re doing to minimize pressure on net interest margins, deposit competition in many markets is intense and some banks are experiencing higher than average loan payoffs. Technology upgrades and banker talent development also were among the issues cited as priorities for their banks. Led by 2019-20 committee Chair Holt Redding, South Coast Bank & Trust, Brunswick, and Vice Chair Daniel Stanford, SunMark Community Bank, Perry, the committee mapped out a preliminary agenda for the conference, which will be Nov. 7-8 in Atlanta. We’ll share details about the program as speakers are confirmed, and registration will open soon. With questions, contact Alison Moreau, 404.420.2034.

GBA Member Profile
Lessons from the Restaurant Biz and Backpacking Adventures with Susan Moss

Planters and Citizens Bank President and CEO Susan Moss started working for her dad at the bank when she was 16, serving as receptionist and a customer service representative during summers, but her first full-time job was as a line cook at a small restaurant in Charleston, S.C. "The most important thing I learned from working in Charleston is that attention to detail is just critical, to make sure that the customer’s needs are met and ideally exceeded, and that customer service is really the key to success," Moss says. The incoming Group 2 representative on the GBA Board of Directors and past Leadership GBA president, Moss says GBA has been an important resource in her career so far, helping strengthen her banking knowledge as well as network with fellow bankers. She discusses her memories about backpacking in Europe, where she’s happiest, and more in the latest GBA Member Profile.

Beige Book
Steady Economy Reported across South

Modest economic growth in almost all sectors in the Federal Reserve’s Sixth District punctuated the latest Beige Book overview out this week. Steady sales and growth were reported by merchants and contacts in tourism, residential and commercial real estate and manufacturing. The region’s banks reported improved earnings, marginal loan growth and strong asset-quality metrics. In the agriculture sector, on a year-over-year basis, prices paid to farmers in March were up for corn, cotton, and beef but down for rice, soybeans, broilers, and eggs. Read the full report here.

National Briefs
NFIP Extended, New TRID Info, LCR Adjustment Rule

  • NFIP Extended - Another part of the disaster aid package signed by the President this week is an extension until Sept. 30 of the National Flood Insurance Program. This is the 12th short-term extension since 2017. The House is expected to consider a long-term extension soon, and House Financial Services Committee Chairwoman Maxine Waters (D-Calif.) said that she is focusing on affordability of NFIP premiums.
  • TRID Update - CFPB has issued a set of FAQs on the TILA-RESPA Integrated Disclosures. The FAQs address corrected closing disclosures and the three-business-day waiting period before consummation; model forms; and construction loans. Read the FAQs.
  • Liquidity Coverage Ratio Adjusted - Regulators approved a final rule implementing a key provision of last May’s regulatory relief bill (S. 2155). The rule expands the pool of what counts as high-quality liquid assets under the Liquidity Coverage Ratio. Read the rule here.

Find it Fast: Education by Category

Rarely a day goes by when there’s not a GBA educational program to help you build your skills and advance your career. One easy way to hone in on just the right course for yourself is to use our topical calendars listing on our website. From our home page, hover over the GBA-U Education tab and navigate to the Topical Calendars menu for programs sorted in 11 different categories of banker skills. Give it a try at gabankers.com or go straight to a Topical Calendars page with links here.

Crime and Punishment
Serial Bank Robber Gets Prison Term, Restitution Order

A note-passer who robbed nine banks in the metro-Atlanta area from September 2017 until February 2018 has been sentenced to five years, 10 months in prison to be followed by three years of supervised release, and ordered to pay restitution in the amount of $15,734. Patrick Jerome Mouton, 47, of Atlanta, Georgia, pled guilty to the crimes and was convicted in January. He was captured in February 2018 after robbing a Regions Bank branch for the second time. Read details here about the collaborative effort by law enforcement to capture and convict Mouton.

Annual Meeting Speaker Spotlight
How to Tune in to Customers with Conversational Banking - Technology and Strategy

"With technology solidly established as a brand and trust builder, banks must pursue conversational banking models that leverage critical advances in technology - like artificial intelligence, voice banking, chat bots, and intelligent payment hubs," says Virginia Heyburn, vice president of strategy with Fiserv’s Global Sales Organization. Attendees at this year’s Annual Meeting June 23-26 at the Fairmont in Banff Springs, Alberta, Canada, will learn about how they can create addictive experiences that attract, delight and retain customers by meeting them where they are and custom-fitting services to their unique needs and desires. These strategies can offer mutual engagement and allow banks to deliver finely-tailored advice and services instantly. Don’t miss this and other compelling sessions at GBA’s annual gathering of Georgia bank’s top-level executives. Click here for more information. Contact GBA’s Kathy Friestad with questions, 404.420.2024.

Leadership Conference Offers Perfect Combo of Business, Networking, and Relaxation

GBA’s annual Leadership Conference offers something for every emerging bank leader – stimulating educational sessions, informal networking with colleagues from around our state, connecting with GBA Associate Members and just relaxing with family and friends. This year’s Leadership Conference is July 22-25 at the Ponte Vedra Inn & Club in Ponte Vedra, Florida. The agenda is packed with a broad range of topics - employee engagement and retention, leadership and service, the legal and regulatory environment; the health of Georgia’s and the country’s economy. Attendees return to this conference year after year because of the ideal balance of business, connecting, and kicking back. If you or someone on your team hasn’t experienced this conference before, new bankers and families are always welcome! Don’t miss another year. Click here for online registration, a detailed agenda, and hotel information. Contact GBA’s Kathy Friestad with questions, 404.420.2024.

Fall 2019
Upcoming One-Day Events

Click the links above to learn more. Sponsorship opportunities are available. Please contact GBA’s Jenna Lynn Warner, 404.420.2035, with questions.

The BSA Experience Session Spotlight
Panel: BSA Program Reporting, Management & Board of Directors Responsibilities

Our new BSA Experience program is chock-full of hands-on, unique programming appropriate for compliance pros at any level. One session will cover board reporting and responsibilities, for example. The session brief says, "The status of the BSA Program should be reported to the Board of Directors in such a manner as to ensure there is complete transparency of any key performance or key risk indicators that may compromise the financial institution’s compliance obligations. As regulatory consent orders have increased over the years, board reporting has become a more scrutinized area in BSA/AML exams." This session will be comprised of panelists (Dalal Hasan, White Collar Crime & Regulatory Enforcement group; Deborah Mcleod, former Director of Financial Investigative Unit, State Bank & Trust; and Steven Deaton, CEO, Cornerstone Bank) that will take attendees through their reporting procedures and experience with regulators on any recommendations for improving current board reporting procedures.
The BSA Experience will take place Aug. 20-23 at Middle Georgia State University, Macon. In order to provide this unique hands-on experience, registration is limited to 50 participants. Register now to secure your spot. Contact GBA’s Jenna Lynn Warner, 404.420.2035, with questions.

Streamline Vehicle Title & Lien Release Management with DDI Technology

The GBA has endorsed DDI Technology for more than 10 years because their Premier eTiltleLien® solution enables your bank’s loan operations team to improve reporting and manage exceptions within a simple, user-friendly application. Committed to excellence, DDI continues to focus on improving their products, education and consulting services in all areas of vehicle registration. DDI fosters partnerships with progressive and innovative businesses including federal, state and local governments by supplying them with the technologies to enable dealer and finance partners to provide the best service to their customers while saving time and money. Here are the four biggest benefits to working with DDI. For more details about DDI Technology or to join the more than 4,000 customers they have today, please contact Director of Sales Todd Phillips, 803.808.4937.

Bank Assetpoint® can Connect your Bank to Local and Regional Bank Asset Buyers

Bank Assetpoint® is the only marketplace for loans and other assets that brings more than 1,400 bank participants together with other buyers and sellers. Bank Assetpoint lists details about new loan opportunities and provides members with various ways to search for and post assets for sale, either directly or through your real estate broker or loan sale advisor. You can access a long list of eligible buyers, facilitating faster disposition and better odds to capture the greatest value for your assets. 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.

Save Big on Home Supplies with GBA Strategic Partner Office Depot

We often tell you about all the steep discounts and bargains your bank can take advantage of for business and office supply purchases through our partnership with Office Depot, but it sure would be nice to catch a break on the cost of things you need at home too. The GBA would like to remind you that our purchasing program with Office Depot is available for all GBA member employees for personal purchases as well. Your bank does not have to be participating in the GBA program in order for you to save money shopping for your home and family. There's no cost to sign up, and when you make a purchase you are directly supporting the GBA and the banking industry. With questions about the program, please contact Office Depot’s Isaac Mares or GBA’s Bo Brannen, 404.420.2014.
  • Click here to sign up for an account online and start shopping today.
  • Download the printable discount card for use at any Office Depot retail location.

Summer is Here - School is In!
ABA’s Online Training is tailored to fit your Schedule

Check out the 12 facilitated ABA online courses coming up in June and July. Facilitated online courses feature an online learning community with fellow students, instructor guidance and feedback. These courses have weekly assignments as well as midterm and final exams. Any employee of a GBA member bank can participate at the member rate. Your bank does not have to be an ABA member. All you need is a computer, printer and Internet access. For more information, contact Shan Haugabrook, 404.420.2020. Click here for a list of all ABA offerings.

ABA Certificates for High-Performance Learning

ABA's Certificate Programs build the skills necessary for career advancement. Through a prescribed course of study, certificates provide practical, tailored knowledge specific to a job role in the bank. Programs are continually reevaluated and refined to meet current needs and changes in the industry. ​​​​​​​​​​​​​​GBA members get a discounted rate, and you don't have to be an ABA member to register. Click here to see the certificate programs. For more information, contact Shan Haugabrook, 404.420.2020.

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, kprokos@gabankers.com, 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 Port CIty Bank
PrimeSouth Bank
Heritage Bank
Queensborough National Bank & Trust Co.
TC Federal Bank
Drews and Benefield
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.

Attention Attorneys!
Status of Important Cases
June 2019