Georgia Bankers Association - The Resource that Empowers

April 25, 2014


GBA Compensation and Benefits Survey Open with New Features

Participation Underway with New ACA Section, New and Updated Job Titles

Member banks can start participating in the annual GBA Compensation and Benefits Survey. It's the ultimate resource for Georgia's banks for guiding strong, competitive compensation and benefit programs. For this year's survey, we're doing a one-time special section about the Affordable Care Act based on feedback from our members. So, you'll find all the same compensation-related questions, but instead of the usual benefits specific questions, there is a special link to and ACA survey developed by Mathews, Young - Consulting. There are also nine new job titles surveyed, as well as 10 updated or adjusted titles. Learn more about the improved survey and get started today...

Help Customers Save SUM® Money!

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Employee Benefit Selections are Easy and Affordable with Holmes-Shaw

Holmes-Shaw has built a full portfolio of complementary products and services around the GBA Insurance Trust's core benefit programs, allowing participants and their employees to expand their benefit selections affordably. The variety helps Holmes-Shaw meet each company's unique needs, and Holmes-Shaw develops programs directly with insurance companies or through strategic partnerships, allowing them to present the best options to its clients. Some of these products and services include...


Job Bank
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BANKSTAT Management Reporting and Analysis Reports

Retirement, Pension and
401(k) Plans

Georgia Financial Directory

Thumbprint Signature Program

Pledging Pool


Governor Signs GBA Priority Bill

On Thursday, Gov. Nathan Deal signed H.B. 809, one of GBA's priority bills from the 2014 Legislative session. The new law creates a section within the Georgia Fair Business Practices Act that says a person shall not make a bad-faith assertion that a patent has been infringed. The bill is intended to make Georgia a less-friendly state for patent assertion entities, more commonly called patent trolls. When the law goes into effect July 1, patent trolls will have to provide specific information upfront when they are alleging a patent has been infringed. Find out why this bill is important for banks and why you should know about patent trolls...


Supreme Court Hears Oral Arguments on Bank Director Liability

The Supreme Court of Georgia is considering whether Georgia law protects former executives and directors of certain closed banks from personal liability for the bank's losses. At issue is Georgia's business judgment rule that generally protects company officers and directors from liability when they make "good faith business decisions in an informed and deliberate manner." There's no timeframe for a ruling, but this will be an important decision for the industry in Georgia. Read about how GBA is working on banks' behalf...


Georgia Bankers Packing for Washington

Week after next, a delegation of more than 40 GBA members is heading to Washington to call on key elected representatives and regulators. "We are delighted so many members are able to make the trip because it's more important than ever for us to be visible and vocal on issues important to our industry," said GBA's SVP, Government Relations, Elizabeth Chandler. Members will visit both our U.S. Senators and most Georgia House members, as well as senior officials at the FDIC, OCC, Federal Reserve, CFPB and Treasury Dept. More about GBA's upcoming D.C. trip here...


Primary Elections on the Horizon

As we've reported before, Georgia's primary election date is May 20, with a number of contested seats at all levels of government on the ballot. Early voting begins April 28, and you can check out the Secretary of State's website to find information about available voting locations in your county before election day, or order your absentee ballot if you are unable to vote early or on election day. No matter what though - go vote!


GBA Annual Meeting Highlight

Mergers & Acquisitions: Breakout Session

The banking trade press is chock full of stories predicting that this may be the busiest year for merger and acquisition activity since 2007. Others say this is just a bunch of talk that won't play out. Join Jim Stokes, Managing Director, SunTrust Robinson Humphrey, Atlanta; James Stevens, Partner, Troutman Sanders, LLP, Atlanta; Bill Walton, Partner, Dixon Hughes Goodman, LLP, Atlanta, and Dennis Zember, CFO, Ameris Bank, Moultrie, during our Annual Meeting for an in-depth M&A discussion for community banks. GBA's 2014 Annual Meeting is June 15-18 at The Greenbrier in White Sulphur Springs, WV. Click here to register.


Fannie Mae Chairman Perry Talks Housing at Atlanta Press Club Event

Atlanta’s Egbert Perry, who was named Chairman of Fannie Mae in February, talked about the agency’s role in the housing market and shared his personal story at an Atlanta Press Club event Thursday. Perry, who grew up in Antigua, discussed in broad terms Fannie’s current priorities. He said Fannie Mae is focused primarily on continuing work to ensure its safety and soundness, improving access to credit and serving the priorities of the conservator. Perry had interesting stories and examples to share, including some eye-popping statistics about Fannie's contributions to the housing market. Read more about them here...


Economic Update Scheduled for Leadership Conference July 20 - 23

Join Tim Quinlan, Economist, Wells Fargo, Charlotte, as he provides a general overview of the U.S. and Georgia's economy and examines the various drivers of growth at the present stage of the economic cycle. Leadership GBA's 2014 Leadership Conference is July 20-23 at Ponte Vedra Inn & Club in Ponte Vedra, FL. GBA has reserved a block of rooms at the Ponte Vedra Inn at a reduced rate of $219 to $235 per night. Make your reservations by calling the hotel directly at 888.839.9145. Be sure to say you are with the GBA to receive this special rate. The cut-off date for reservations is June 17. Brochures will be mailed in the coming weeks but you can register now. With questions, please contact GBA's Susie McGehee at 404.420.2010.


GBA 2014 Rural Development and Lending Conference May 15-16

Ag Attorney Allen Olson and Farm Bill Discussion Highlight Conference Agenda

Make plans now to attend GBA's 2014 Rural Development and Lending Conference, May 15-16 in Savannah. Bankers who focus on rural development and ag lending in their daily business won't want to miss the opportunity to hear Allen Olson speak. Olson, an agricultural lawyer in Albany, will discuss the new Farm Bill, its farm programs and crop insurance provisions. Olson's practice is concentrated on federal farm programs, payment limitations, USDA administrative appeals, crop insurance litigation, conservation easements, farm business planning, farm bankruptcies, and other matters affecting farmers and related agricultural businesses. Click here to access the registration brochure or to register online. To reserve a room at the Marriott Savannah Riverfront at the discounted GBA rate of $182, call the hotel at 912.233.7722 or 800.285.0398. For more information, please contact GBA’s Kathy Friestad, 404.420.2024.


Federal Regulatory Salaries Scrutinized

An opinion article in the Wall Street Journal this week took issue with how bank regulatory agencies set salaries and called for more oversight of how the agencies structure their compensation. The article points out that the average employee of a federal bank regulatory agency received 2.3 times the average compensation of a banker before the Dodd-Frank Act. "By 2013 this ratio increased to more than 2.7 - and in some cases considerably more," the article said. The article ties the rising compensation at the agencies to a FIRREA provision that allows federal bank regulatory agencies to establish their own compensation and benefits without the approval of the Office of Personnel Management. Access a good summary and a link to the full WSJ article here (Subscription required)...


FDIC Offering Free Deposit Insurance Seminars

Bank officers and employees can participate in 12 free seminars about deposit insurance coverage from the FDIC between May 6 and Dec. 4. There will be four "Fundamentals of Deposit Insurance Coverage" sessions; four "Deposit Insurance Coverage for Revocable Trust Accounts" sessions; and four sessions about on "Advanced Topics in Deposit Insurance Coverage." Advanced registration is required. Get more details here...


Georgia Private Employment a Highlight of OCC Report

Georgia's private sector employment is above the prerecession peak because of business services and hospitality sectors, said a report from the OCC this week detailing its Southern District's loan growth. Loans for the district as a whole were up by 4 percent in 2013.  "The growth in loan volume is accelerating," said Gil Barker, District Deputy Comptroller for the OCC's Southern District. "We're seeing a slow, steady improvement compared with pre-recession norms across the district, with a more robust economic recovery in areas where the oil and gas industry is present." Read more from the report here...


National Mortgage Database to Expand

In a proposal out this week, the Federal Housing Finance Agency (FHFA) says that starting May 27 it will begin collecting more specific information on borrowers and loans, including demographic and personal contact information for borrowers and their households, loan-level data on mortgage performance and other credit accounts held by the borrowers. The information will be added to the national mortgage database the FHFA created with the CFPB in 2012. The agency will accept comments on the proposal through May 16. Here's a link to the proposal...


Mortgage Closing Frustrations Highlighted by CFPB

Homebuyers generally report three key areas of frustration encountered during the mortgage closing process, according to a report released by the CFPB this week. The primary friction points consumers identified were not having enough time to review documents, the overwhelming paperwork at closing, and the complexity and errors in the documents. More about the most recent CFPB Mortgage Report...


Don't Let Your Retirement Be a Disaster

There are six key steps for ensuring your retirement is a breeze. GBA Retirement Services has put together a quick reference tip sheet with all six tips and how GBA Retirement Services can help you and your employees with each. Click for access to a tip sheet from GBARS...


Last Chance
Analyzing Financial Statements Seminar April 30

There is only one more week before GBA's Analyzing Financial Statements seminar. Led by Mike Allen with State Bank & Trust, Atlanta, this one-day seminar is designed for entry-level commercial lending officers, credit trainees and analysts. Topics to be covered include analyzing personal tax returns, analyzing commercial financial statements and much more. The Analyzing Financial Statements Seminar is scheduled for April 30 at Idle Hour Country Club in Macon. Click here to register online. With questions, please contact GBA's Danielle Driggers at 404.420.2002.


Marketing Peer Group May 20 Features High-Powered Digital Panel

We have confirmed an outstanding panel for the first session of the GBA Marketing Peer Group meeting scheduled for May 20 at First Landmark Bank in Marietta. The panel will go in depth in explaining the latest trends, tips and strategies for mobile, social and other new media channels. Click here for a list of panelists and other highlights of the upcoming Marketing Peer Group...


Key GBA Event Reminders

Georgia Banking School

May 4 - 9

Click here to register

Southern Operations & Technology School

May 4 - 9

Click here to register


Rural Development and Lending Conference
May 15 - 16

Click here to register

Annual Meeting

June 15 - 18

Click here to register

Leadership Conference
July 20 - 22

Click here to register


GBA Community Connections

GBA Members Celebrate Moms and Dads and Support Relay for Life

Click here to read about the latest good works by various GBA members. We want to share all that GBA members do to support their communities. Submit your community information to Bo Brannen and David Oliver.


Sponsorship Available: GBA Associate Members may sponsor GBA's Community Connections feature to support our member banks' activities in Georgia communities. Contact David Oliver at 404.420.2036 for information.



Read about all the Georgia Bankers making news this week...








From left: GBA's David Oliver, Joe Brannen,
Kathy Friestad, Frankie Harris and Leslie Hicks who celebrated GBA Service Anniversaries recently.


Read All About It: Send Us Your News

Please remember to include the Georgia Bankers Association on the list of recipients for announcements about promotions, new employees and special recognition your bank has received. We want to share your news with your colleagues across the state. Please forward your announcements and photos to GBA's David Oliver and Bogan Brannen.




Analyzing Financial Statements Seminar
April 30

Georgia Banking School
May 4 - 9

Southern Operations & Technology School
May 4 - 9

Marketing Peer Group
May 20


2014 Annual Meeting
June 15 -18
White Sulphur Springs, WV

Leadership Conference
July 20-23
Ponte Vedra, FL


AIB Courses

Compliance Calendar

Lending Calendar

Ops/Tech Calendar

HR Calendar

Asset/Liability Calendar

Management Calendar

Security Calendar

Full GBA-U Calendar



Career Paths for BankersTM
The 44 most-common bank job descriptions, the skills and competencies you need to have those jobs and links to training and development by job title.

50 Hurt Plaza, Suite 1050 | Atlanta, Georgia 30303 | Telephone: 404.522.1501