Sept. 27, 2019   

Tandem Bank Opens in Tucker

Georgia’s first new bank in 11 years opened its doors for business Sept. 23 in downtown Tucker. Tandem Bank , led by President and CEO Charles Dewitt , will be a full-service community bank serving entrepreneurs, small- to mid-sized businesses, professionals and residents in and around the Tucker area. The bank says it also will look to open offices in downtown Decatur and Peachtree Corners in the future. "We welcome Tandem Bank to the family of Georgia’s banks, and applaud Charles and the Tandem team for getting up and running so quickly after getting regulatory approval," said GBA President and CEO Joe Brannen . Read more from Tandem here .

We Will Miss Henry Pope

We were saddened to learn that Henry Pope , president and CEO of the Exchange Bank , Milledgeville, died this past Sunday. "Henry was one of the bankers I grew up with in the industry and he was always willing to help a fellow banker. He did as good a job as anyone I know balancing the hectic schedule of a banker serving his community yet always finding time for family. I will cherish the many fond memories we made over the years and I know our members will join us in keeping Helen and their family in our thoughts and prayers during this difficult time," said GBA president Joe Brannen . Read about Pope’s long history with the association and see a fitting tribute here .

Reserve your Spot at the Southeast Georgia Community Bank Symposium

GBA and Georgia Southern University will host the annual Southeast Georgia Community Bank Symposium on Oct. 22 featuring experts who will focus specifically 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 shouldn't miss this event. Click here to see topics on this year's agenda, which includes the fan-favorite GSU student panel, economic update and a big-picture industry snapshot with GBA President and CEO Joe Brannen . Registration is $159 per person. Click here to register online . Thank you to our sponsors South Auction and Realty and Steve H. Powell and Co .

Compliance Conference Runs the Gamut of Lending, Deposit Updates

As we mentioned last week, compliance professionals from member banks all around Georgia gathered together for their annual conference that wrapped up Friday. Click here to read a full summary of agenda speakers and topics . Our thanks to the GBA Compliance Committee , which plans and hosts the annual conference, chaired by Maggie Davis , vice president of compliance and operations at Commercial Banking Company , Valdosta. And a special thanks to our sponsors for their support: Steve H. Powell & Company ; Centrant Community Capital ; Carr, Riggs & Ingram, LLC ; Porter Keadle Moore, LLC ; BANC Financial Group ; and Mauldin & Jenkins . With questions, please contact Alison Moreau , 404.420.2034. See photos from the conference here .

U.S. House Passes Cannabis Clarification Bill

Our thanks to the U.S. House of Representatives for passing the bipartisan SAFE Banking Act, HR 1595 by Rep. Ed Perlmutter (D-CO). The bill addresses some of the complexities bankers encounter as they try to serve businesses related to the cannabis industry as authorized by their state legislatures. With 33 states now having legalized some form of cannabis-related activities, the bill allows banks to serve certain businesses in those states and prohibits federal regulators from taking action against a bank solely because cannabis is involved. Click here to read about next steps and commentary from GBA President and CEO Joe Brannen .

GBA Insurance Trust Board Gets Investment Report

Each quarter, the GBA Insurance Trust, Inc. Board of Directors chaired by Rick Whaley , The Citizens Bank of Americus , reviews the Trust’s reserves portfolio and hears from the wealth managers with BNY Mellon , Randy McGeorge and Nancy Driggers , both Senior Directors. At the Board meeting this week, the news was good. As part of his presentation, McGeorge discussed the U.S. and global economies pointing out that the U.S. continues to grow modestly as the Eurozone and China economies slow and central banks move to a more accommodative stance. Bankers always key in on the financial markets, and a good discussion was held about bond yields being lower for longer and persistent volatility in the equities market. The managers plan to maintain a neutral weight in equities with a domestic bias while retaining their emphasis on yield and a small underweight on bonds. Click here for commentary from Whaley and a summary of the investment outlook and strategy being employed.

Final Overtime Rule Released by Labor Dept.

The Department of Labor this week set the salary level at which an employee could be exempt from federal overtime and minimum wage requirements at $35,568 per year, or $684 per week. The final rule will take effect Jan 1, 2020. This is significantly less than the level adopted under a 2016 rule issued by the Obama administration, and slightly higher than proposed earlier in the year. The final rule also raises the threshold for employees who are classified as "highly compensated," and the Department of Labor committed to updating the salary level more frequently in the future.

Bank Security Pros Share Insights and Plan Programming

GBA’s Security Committee gathered this week to check in on the key issues affecting their roles at Georgia’s banks. The committee also began setting the program for the 2020 Bank Security Conference, which will be April 2-3 at the King & Prince Hotel, St. Simons. The committee is chaired by Ronna Brown , Quantum National Bank , Suwanee. Look for details soon as the agenda is finalized and speakers are confirmed. With questions, contact Alison Moreau , 404.420.2034.

Make Room on Your Fall Calendar for Women in Banking Conference

We know it’s a daily challenge to get everything done at work and at home, but we’re willing to bet you’ve never heard an attendee at the Women in Banking Conference say, "Gosh, I wish I’d stayed at the office." Here’s why: GBA’s annual gathering of more than 100 female bankers from around our state is an educational and personal highlight for attendees, and many return year after year. No matter where you work in your bank, firm or company, this conference will provide exceptional professional education and peer networking time and an opportunity to build relationships that will last for years to come. Be sure to block your calendar for Nov. 17-19 and join us at the Legacy Lodge at Lake Lanier. We know what you’ll say afterwards: "I’m so busy, I almost didn’t go, but I am SO glad I did!" Click here to sign up, see an agenda and for hotel information.

Fired Up for the Fall Big Three Conferences

We’re almost ready for our annual tri-conferences coming up in just nine days! Georgia bank presidents and CEOs, bank counsel and bank accountants will gather Oct. 6-8 at the Ritz-Carlton Reynolds at Lake Oconee for GBA's concurrent President/CEO, Bank Counsel and Bank Accountant Conferences. Each conference features an excellent slate of speakers and attendees will enjoy informal networking time both at conference sessions and away. There is still time to add your spouse or a guest to your registration, and we have a few slots left for the golf outing and clay shoot, both held on Monday afternoon for an additional fee. Click on the links below for detailed conference agendas.

BankPAC Update – Have You and Your Bank Participated?

The 2019 BankPAC campaign saw good progress this week. 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.

Golfers Taking a Swing for GBA BankPAC on Oct. 23

Thanks to all the GBA members, associate members and guests who have already signed up for this year’s BankPAC Golf Classic! More than 50 of you have committed to play and support GBA’s StatePAC on Oct. 23 at The Club at River Forest in Forsyth. All proceeds go to GBA’s StatePAC, whose sole purpose is to support the campaigns of candidates who understand the concerns of the banking industry - your concerns. There is still plenty of time to put a twosome together or to support the PAC through a hole sponsorship. Click here for details and sign-up information.

Reminder: Hotel Deadline Approaching for 2019 Financial Risk Management Conference

Bank finance professionals, don’t delay making your plans to attend GBA’s 2019 Financial Risk Management Conference, Nov. 7-8, Hyatt Regency Atlanta Perimeter at Villa Christina. GBA’s discounted nightly hotel room rate of $189 expires on Wednesday, Oct. 16. After this date, all reservations will be subject to current rates and space availability. To reserve your room, call 888.421.1442 and reference "Georgia Bankers Association’s Financial Risk Management Conference." Or, click here to book online using a custom link. With questions contact GBA’s Alison Moreau , 404.420.2034.
CPE Credits: Participants can earn up to 8 CPE credits. GBA is a NASBA-sponsored organization.

Calling All Bank Marketing Pros! Fall Marketing Peer Group Coming Soon

The Marketing Peer Group Meeting will be Oct. 3 at Middle Georgia State University in Macon. Back by popular demand, there will be ample time allotted for peer-to-peer roundtables, vendor exchanges and hot topic discussions. Marketing officers and anyone with marketing-related duties should consider attending. Registration is $125 per person. Click here to register online . With questions, please contact GBA's Jenna Lynn Warner at 404.420.2035.

Participant Success should be Number One Priority in a 401(k) Plan

Do you know if your employees are on track for a successful retirement? Most sponsors do not know how to measure success in a retirement plan. We believe a plan is successful when the majority of your employees can retire with a sufficient replacement income in retirement. Most experts believe you will need at least 70% of your current income in retirement. Watch this short video for more information:
We believe in putting the needs of participants first and helping them achieve a successful retirement. Now is a great time to begin your plan review for the upcoming 2020 plan year. Even if you are not looking to make a change, as a fiduciary, you should be reviewing your retirement plan regularly and we can help you with your due diligence file. Please contact Mandy Richards at 404.420.2025 for a plan comparison and to learn more about how we are helping participants reach retirement successfully!
FDIC Chair Jelena McWilliams

Mark Your Calendar for January Legislative Reception and Economic Forum

It’s hard to believe it, but 2020 is just around the corner. Be sure your 2020 calendar is marked for GBA’s Legislative Reception and Legislative/Economic Forum Jan. 15 at the Hyatt Regency Downtown Atlanta. Held at the beginning of the state’s legislative session, this annual event includes a two-hour forum packed with current information on legislative and economic issues that are important to all Georgia bankers. Following the forum is a reception attended by many of Georgia’s congressmen, senators and other legislative staff members. It’s an excellent opportunity to get face-to-face time with your representatives to discuss matters that mean the most to you and your financial institution. Registration will be open soon, so watch your e-Bulletin for that announcement.

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 four courses scheduled from September through 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...
Providence Bank
Wells Fargo
Pinnacle Bank
Colony Bank
Glennville Bank
TC Federal Bank
Durden Banking Company
Million Pines Community Bank
CenterState Bank
Morris Bank
Queensborough National Bank & Trust 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 .