Oct. 4, 2019

National Community Bank Survey Results
Georgia Banks Cite Core Deposit Competition as Concern; Reg Reforms Helpful

The annual survey of community bank trends from the Federal Reserve, FDIC and Conference of State Bank Supervisors includes commentary provided by bankers from Georgia. Bankers here in the Peach State identified that core deposit competition is fierce, particularly from credit unions and fintech providers. They also noted that some TILA and RESPA reforms, changes in qualified mortgage portfolios and reporting exceptions under the Home Mortgage Disclosure Act (HMDA) resulting from the Economic Growth, Regulatory Relief and Consumer Protection Act of 2018 (EGRRCPA) have been helpful. Large on-site exam teams are intrusive at best, but the value of in person meetings was also recognized by the respondents. And, adopting new technology can be a challenge due to core processor relationships and the cost to adopt technologies. See the Georgia perspective here . Get national results and more info here .

Two Providers Approved for Shared Deposit Services

Promontory Interfinancial Network and Reich & Tang have been approved by the state as providers of shared deposit services available for use by banks and public depositors to avoid collateralizing their deposits. We appreciate Treasurer Lynne Riley ’s rapid review and approval of their applications so that banks can begin working with these providers to evaluate their services. StoneCastle ’s application is still being reviewed. Promontory is a GBA Associate Member, and the contact for information about their services is Danny Capitel with Promontory, dcapitel@promnetwork.com , 866.776.6426 ext. 3476. Get more information about the state’s policy for deposit placement services here .
Related: On Tuesday, Oct. 15, at 2 p.m. and Thursday, Oct. 17, at 9:30 a.m. , Promontory will host webinars about the program and services. Click the links above to register, and we will email more details to member bank CEOs in the coming days.
Keadle and Brannen

Taking Advocacy to the Classroom

Our thanks to Tim Keadle of Wipfli/PKM who invited GBA president and CEO Joe Brannen to be a guest presenter this week at his two Accounting in Practice classes at the University of Georgia’s Terry College of Business, School of Accounting. This a graduate-level course designed to develop students' accounting and audit research skills and understanding of key issues faced in practice. Keadle has been on the faculty for several years and this was the third time Brannen has presented. Brannen gave an industry update and spoke about the roles of associations like GBA in advocacy, especially as we interact with accounting policy setters like the Financial Accounting Standards Board. Read more about Brannen’s lecture and his remarks here.

FDIC Listening Session Coming Up in Atlanta, other Feedback Sought

FDIC’s Atlanta Regional Ombudsman, Charmion Haley , asked that we encourage Georgia bankers to take advantage of a couple of important feedback opportunities about supervision and exams. On Dec. 2, FDIC will host a Listening Session in Atlanta from 12:30-4:30 p.m. about its Supervisory Appeals and Dispute Resolution Processes. This is of particular interest and importance to state nonmember banks, Haley says. A Sept. 24 FIL details the intent of the listening sessions, and you may register here . Also, Haley encouraged bankers to share their regulatory experiences with FDIC and referred bankers to the Sept. 19 FIL about changes to the FDIC Post-Examination Survey Process as a conduit for the feedback.

Community Advocacy Resources Available

There are several opportunities this month for Georgia banks to get in on national-level programs that are good for the people, businesses and hometowns we serve. Click the links below for more details.

GBA Asks for Support of Bank Branches on Military Instillations

The week, GBA’s Joe Brannen sent letters to Sen. David Perdue (R-GA) and Rep. Doug Collins (R-GA9), as members of the conference committee that will settle differences in the Senate and House versions of the National Defense Authorization Act (NDAA). The Senate version has language that would level the playing field between banks and credit unions located on military bases. Currently, credit unions reside on military installations rent-free, while all banks must have lease agreements. This disparity has led to an exodus of banks from military installations over the past few years and left military members and families with fewer financial service choices. Therefore, we asked for both members’ support of this important provision. With questions, please call Joe Brannen at 404.420.2016 or Elizabeth Chandler at 404.420.2027.

Marketing Peer Group Meets, plans Conference

A solid crowd of Georgia Bank marketing pros gathered Thursday in Macon for the fall installment of GBA’s Marketing Peer Group meeting. The meeting, led by Marketing Committee chair Lawanna Saxon , Signature Bank of Georgia , Sandy Springs, featured a full day of peer interaction sessions. The morning started with a hot-topic round robin discussion covering topics such as customer experience, social media, and traditional media. There was also a peer exchange that covered branch design ideas, branding, LinkedIn strategies, newsletters and competitive trends. Marketers also had time to showcases some successful projects and compare notes about helpful vendors. And, the group also began planning a Marketing Conference for 2020, which will be at Feb. 27-28 at the King and Prince Golf and Beach Resort on St. Simons. Mark your calendar and look for details soon about the program and registration. With questions, contact Jenna Lynn Warner , 404.420.2035.

New Appraisal Requirement Threshold Set at $400,000

Regulators late last week bumped up the threshold for residential real estate transactions requiring an appraisal from $250,000 to $400,000. The amended rule requires those transactions that are exempted to include an evaluation. The Appraisal Rule also incorporates the appraisal exemption for rural residential properties provided by the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRCCPA). Read all the details here .

Reminder: Georgia Peanut Bank Week is Oct. 14-18

GBA and our friends at the Georgia Peanut Commission (GPC) want to remind everyone that the 2019 Georgia Peanut Bank Week is scheduled this year for Oct. 14-18, at banks across the state. This year's theme is: "Georgia Peanuts. It just makes cents!" The deadline for Bank Week supply orders has just passed, however banks still interested in participating should contact GPC’s Brett Butler at 229.386.3470 or bankweek@gapeanuts.com . Access available promotional materials here .

Opportunities in Banking, Navigating Dress Codes and Double Twin Trouble with Lorenda Smith

When First National Bank in Bainbridge's Director of Retail and Marketing, Lorenda Smith , started working in a bank as a teller, her hiring manager assured her that she would meet wonderful people and her creativity would be an asset. "Looking back now, I find that his statement was so true. Having the opportunity to be mentored by three amazing women in my career, being allowed to use my creativity daily and travel the world has kept me in banking for the past 36 years." At the start of her career, dresses and pantyhose were required for women and there was no tolerance for casual dress, which has stuck with her through the years. "I still really have a hard time feeling comfortable on ‘casual Fridays,’" she said. The vice chair of the GBA Marketing Committee, she discusses the role GBA played in her career journey, her plans after retirement and the surprising announcement that her daughters were both having twins in her GBA Member Profil e .

Please Welcome New GBA Bank Counsel Section Member John Sillay

We’re excited this week to introduce our bulletin readers to the newest member of GBA’s Bank Counsel Section: John Sillay , associate at Adams, Hemingway, Wilson & Rutledge, LLC , in Macon. You can find Sillay’s contact info and more information about the GBA Bank Counsel Section here . Please take a moment to drop him a welcome note when you have time to get to know him better.

Hurry, limited seats available!
Less than one month until the Southeast Georgia Community Bank Symposium

GBA along with Georgia Southern University will host its annual Southeast Georgia Community Bank Symposium on Oct. 22. This event will feature experts who will focus on the important issues facing bankers in the Southeast Georgia banking industry. CEOs, CFOs, bank directors, senior lenders and retail bank managers from throughout the Southeast Georgia region should look to attend. Click here to see topics on the agenda. Registration is $159 per person. Click here to register online . With questions, please contact GBA's Jenna Lynn Warner at 404.420.2035. Thank you to our symposium sponsors South Auction and Realty and Steve H. Powell and Co .

Place Your Bank’s Order Today!
GBA Holiday Closing Decals will be Arriving Soon

For over 20 years, the GBA has been the preferred source for top-quality, thoughtfully designed window and door decals that provide a professional appearance and communicate the 10 holiday closings recognized by the Federal Reserve Bank in accordance with FDIC rules. The decals can brighten up your bank's front door or teller window with a variety of holiday-themed scenes. Click here for features, pricing and how to order.

BankPAC Update – Have You and Your Bank Participated?

The 2019 BankPAC campaign had another good week and we hope you plan to participate if you and your bank have not done so yet. Check out how your GBA Group is progressing toward its goals so far. With online capability of contributing to the GBA FedPAC, all eligible employees, officers and directors, can simply use this link to make a contribution by logging in with your MyGBA profile credentials. Also, here are the contribution forms for both the FedPAC and the StatePAC which include a useful guide of suggested amounts of giving. Many thanks to the these banks, members and individuals for contributing to the GBA StatePAC and FedPAC this week . With questions, please contact Elizabeth Chandler at 404.420.2027.

Enjoy a Round of Golf and Help Meet State BankPAC Fundraising Goal

What could be more enjoyable than spending a fall afternoon on the golf course? Even better, play a round with friends and colleagues to benefit GBA’s StatePAC. Sign up today, and plan to bring a friend, your legislator, or a fellow banker to enjoy the day with you. Whether you’re a scratch golfer or a weekend warrior, this day is all about the PAC, so put egos aside and join the fun. You can sign up as a two-person team or an individual, and we hope you’ll consider adding a hole and other sponsorship for the cause. Click here for details and sign-up information. Questions? Contact GBA’s Kathy Friestad , 404.420.2024 .

Women in Banking Conference to Offer DISC Behavioral Profile

At this year’s Women in Banking Conference Nov. 17-19 at The Lodge at Lake Lanier Islands in Buford, Dr. Melissa Furman will facilitate a session on "Personal Awareness: A Tool to Maximize and Accelerate Your Success." Utilizing the TTI-Talent Insights behavioral assessment, Dr. Furman will apply her academic expertise and counseling/coaching background to enhance individual awareness. Now, the Talent Insights Assessment is being offered for $55 as an optional component of Dr. Furman’s session. Read more about the assessment and conference here.

Financial Risk Management Conference, Nov. 7-8
Education and Skill-building for Bank Finance Teams

Bank CFOs and finance team members, don’t miss out on the premier educational and skill-building event for you and your peers at this year’s GBA Financial Risk Management Conference Nov. 7-8 at the Hyatt Regency Perimeter at Villa Christina. The valuable information you’ll get will help you and your bank set the stage for a successful 2020. Click here to see the pre-conference and conference sessions on the agenda. Associate Members, click here for sponsorship and exhibitor information. Find more information about the conference and register here . With questions, contact Alison Moreau , 404.420.2034.

2019 Credit Conference to Feature Leadership Training

Chief credit officers, credit analysts, loan officers, senior lenders, commercial lenders, COOs, bank presidents, CEOs, business development officers and anyone else who works in the credit area of the bank are invited to attend GBA’s 2019 Credit Conference Dec. 5-6 at Renaissance Atlanta Waverly Hotel & Conference Center. The GBA Credit Committee has challenged each frequent attendee to bring with them an emerging leader from their organization. This will be not only a valuable networking opportunity and deep dive into hot topics in the credit arena, but this year, we also have ADDO Co-Founder and leadership expert Kevin Scott presenting a dynamic session on "What You have to Give Up to Go Up." Here are some of the other great sessions slated in the agenda . Click here for more information and to register.

Upcoming Seminars and One-Day Events

ABA Online Training - Mortgage, Trust, CTFA and More

ABA-facilitated online courses feature an online learning community with fellow students, instructor guidance and feedback. Check out these three courses scheduled in October . Any employee of a GBA member bank can participate at the member rate. Your bank does not have to be an ABA member. Click here for a list of all ABA offerings .

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...
South Georgia Banking Company
Pinnacle Bank
Community Banking Company of Fitzgerald
United Bank
Commercial Banking Company
Queensborough National Bank & Trust Co.
TC Federal Bank
PrimeSouth Bank
Security Federal Bank
South Georgia Banking Co.
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 .