April 28, 2017        

Feedback Flowing for D.C. Trip; Speak Up

This week we directly asked member bank CEOs for input on issues to discuss with Georgia’s Congressional delegation and regulators when we visit them in Washington, D.C. May 8. We’ve gotten several strong examples of why regulatory reform is needed. Some of the feedback includes how self-employed business owners are finding it hard to qualify for mortgages based on the prescriptive ability-to-repay rules -- especially in rural areas, several ag-banking related issues and the need to make sure Sub S and other pass-through tax structures are considered in any corporate tax reform discussions. We’ve got a long list of issues to discuss and we’ve categorized them in several broad categories. Also, ABA wrote Treasury Secretary Mnuchin a comprehensive letter this week in response to a request for detailed ways the Administration can help with community bank regulatory relief. Access a link to the letter and the document with legislative and regulatory issues our members have identified so far here…

How Luke Lanier Gets in a Pickle

A love of farming and helping others led Metter Bank’s Luke Lanier into a career as an ag lending specialist. And those passions carry over to his off-time hobbies of gardening and cooking. “My garden is usually too big for my family, so I give most of the vegetables away. During the summer, I make pickles for my family to enjoy,” he says. In this week's GBA Member Profile, you’ll find out just how Lanier got into banking, his favorite part of any given day at the bank, how GBA is important to him and others, and why helping farmers is rewarding to him. Lanier is chair of the GBA Agriculture Committee, which sponsors and plans the GBA Rural Development and Lending Conference coming up May 17-18. See his complete GBA profile here...

Rural Development & Lending Conference, May 17-18, St. Simons

Agribusiness Lenders Will Get Crop Insurance Update at Annual Conference

This year’s Rural Development & Lending Conference at the terrific King and Prince Hotel on St. Simons, Plenn Hunnicutt will deliver a Crop Insurance Update as one of the highlight sessions. Hunnicutt is with South Georgia Crop Insurance in Moultrie-Colquitt County. He will discuss the benefits of crop insurance as a risk-management tool and will review the various resources available to help the insured produce the highest protected revenue. The early registration fee of $350 is available through Wednesday, May 3, so be sure to register before then to save $50. Click here to see the complete schedule, register online, or to access hotel information. Contact GBA’s Kathy Friestad with questions regarding the conference, 404.420.2024.
Georgia AG
Chris Carr

Georgia Cybersecurity in the News, In Good Ways

The state of Georgia’s reputation as a leader in providing cybersecurity services and talent continues to grow. This week Georgia Attorney General Chris Carr spoke about the topic to the Information Security Media Group’s (ISMG) Fraud and Breach Prevention Summit in Atlanta. The summit attracted national and international cybersecurity experts and CIOs from the financial services, healthcare, HR, telecommunications and other industries. In related news, an Augusta-based IT firm, EDTS LLC, announced it is forming a cybersecurity-specific business unit that will employ up to 100 people. Attorney General Carr had mentioned the growing workforce in cybersecurity as a benefit for the state. More details here…

Why the Durbin Amendment Needs to Go

One of the provisions in the Financial Choice Act introduced by House Financial Services Committee Chair Jeb Hensarling (R-TX5) is repeal of the Durbin Amendment. An op-ed this week in The Hill newspaper by ABA President and CEO Rob Nichols outlines the main reasons why the Durbin Amendment, which set price controls on debit card interchange rates, has been a bad deal for consumers and banks as opposed to the promise of lower prices for goods and services by retailers. Research from the Federal Reserve Bank of Richmond indicated that for every one retailer that reduced prices since the bill’s passage, 18 have raised prices, the letter notes. The article outlines other pain points for consumers, small businesses and banks resulting from the last-minute addition to the Dodd-Frank Act. Read the op-ed here...

Compensation & Benefits Survey Starts May 1

GBA’s annual Compensation and Benefits Survey will open for participation May 1. This year’s survey will collect data for 52 additional jobs bankers have identified as important in the areas of compliance, finance, operations, technology, security, lending and more. CEOs and HR managers should be on the lookout for an email invitation with links to access the survey. Here are the highlights of what to expect...

Perdue Confirmed as Agriculture Secretary

The Senate Monday confirmed former Georgia Gov. Sonny Perdue as Secretary of Agriculture. He’s the first Georgian to lead the agency. GBA was the only state bankers association that signed on to a broad letter of support for Perdue’s nomination shortly after it was announced. “It’s a great tribute to him and a positive reflection on our state and region that Secretary Perdue was so easily confirmed. His knowledge of Georgia’s unique opportunities, such as the ports and the role they play in exporting ag products, and the types of ag products and businesses Georgia banks lend to will be important as the discussions get underway with the next revision of the Farm Bill,” said, Joe Brannen, GBA president and CEO. More about Secretary Perdue’s confirmation here…

Annual Meeting Breakout Session Spotlight

Where Do Banks Go From Here?

Join Jim McAlpin and Jonathan Hightower, partners, Bryan Cave, LLP, as they discuss evolving technological, regulatory and marketplace forces that are reshaping the banking landscape in ways bank boards have never experienced. The future will belong to banks and boards that recognize and take advantage of these changes and the resulting disruption in the industry. Will your bank be one of the winners? This is one of the several great breakout sessions at GBA’s 2017 Annual Meeting coming up June 18-21 at The Broadmoor, Colorado Springs, CO. Access the full brochure and register online at GBA website. With questions about the GBA Annual Meeting, please contact GBA’s Susie McGehee at 404.420.2010.

The Information Security Officer (ISO) Seminar - May 16

In today’s digital world where new technologies constantly create new challenges, the role of an information security officer (ISO) is more important than ever. Current and prospective ISOs, network administrators and compliance officers can all learn more about the regulatory requirements and internal responsibilities of an ISO at GBA’s Information Security Officer seminar May 16th at Idle Hour Country Club in Macon. Participants will receive helpful checklists and whitepapers as well as certificates of attendance. Tom Hinkel of Safe Systems, will cover the following...

Webinar Spotlight

The 411 on Georgia’s New Power of Attorney Law - May 17

During the 2017 Legislative session, the Georgia General Assembly passed the Uniform Power of Attorney Act (HB 221). This Act significantly alters the previous law regarding powers of attorney forms. GBA worked hard during the session to ensure the new law was workable for our members, and our thanks go out to the bill's author, Rep. Chuck Efstration (R-Duluth), for incorporating most of our requested changes into the final bill. Join David Golden, partner, Troutman Sanders LLP, as he explains this act and all it entails during GBA’s The 411 on Georgia’s New Power of Attorney Law webinar at 2:30 p.m. on May 17. The registration fee is $150 per person. Every bank will need to follow the new rules, so anyone that has any interaction with financial powers of attorney shouldn't miss this important webinar to be up to date on these significant changes. Click here to register. With questions, please contact GBA’s Katina Prokos at 404.420.2021.

Marketing Peer Group - May 24

ADA Website Compliance Session Set

Join us May 24 at The Georgian Club in Atlanta for the next GBA Marketing Peer Group meeting. We will have a session addressing ADA website compliance as one of the program features. Janine Kasper, Strategic Business Partner Manager, with GBA Strategic Partner Q2 will present. We’ll also have a session about FinTech in Georgia and how banks can adapt to the competitive challenges some of those firms pose. Register here today! The peer group is sponsored by the GBA Marketing Committee and is an interactive channel for bank marketers and others with marketing-related duties to share best practices, hone their skills and learn critical information about the topics of the day. If you would like to join this group or learn more contact GBA's Alison Moreau, 404.420.2034 with questions.

Hear A Survivor’s Story of a Hostage Situation at Leadership Conference

On Jan. 12, 2012, Carolyn Downs and her husband were victims of a home invasion, robbery, and kidnapping that spanned more than 20 hours. Hear Downs' account as a highlight of the upcoming annual Leadership Conference. Downs will share her story of this terrifying event that includes the ordeal of having to secure a large ransom for her husband's release. Brochures with more sessions will be mailed in the coming weeks, but you can register online here. With questions about the conference or Leadership GBA in general, please contact GBA’s Susie McGehee at 404.420.2010.

Online Class Spring Lineup

Mortgage Lending, Fundamentals and CTFA Courses Coming up

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 company 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. Please register two weeks in advance to secure a "seat." For more information, contact Alison Moreau, 404.420.2034. Click here for a list of all ABA offerings...

Upcoming GBA-U Webinars

A GBA Webinar is a great way to quickly get the training you need without travel or time out of the bank. Webinars are live and allow time for questions and answers. The $265 registration price gives you access to one web site "seat," one telephone site license and all handout materials. If you can't attend the webinar, you may buy the audio CD, handout materials and a password to see the session online. With questions, please contact GBA's Katina Prokos at 404.420.2021. Here is a sample of upcoming offerings. Check the GBA-U Calendar of Events at www.gabankers.com for more details.

GBA Job Bank

New Postitions in Compliance, Loan Workouts, Credit Score Modeling and More

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. To make the process of posting a job or resume easier and to answer any questions you may have, we've developed this Q & A document as a resource. It outlines how to submit open positions and resumes, our deadlines and timelines for posting, and other helpful details. If you have any questions, please contact GBA’s Bo Brannen at 404.420.2014.

Help Customers Save SUM® Money!

ATMs offer extraordinary convenience, providing anytime access to cash and account information in the smallest towns and the biggest cities. The NYCE Network’s SUM Surcharge-free Program enables your bank's customers to save time and money by accessing their cash at thousands of surcharge-free ATMs around the country. Any small steps that save your customers time, money or add convenience are truly great. If your bank is a SUM member, your customers can use any SUM ATM without paying a surcharge. The consumer benefits of SUM are immediate and easy to access. Your customers don't have to register, and all they need to withdraw cash without a surcharge is your bank-issued debit card. Regardless of how many ATMs your bank has, with SUM, your customers have even more options for withdrawing funds anytime, anywhere. Customer advantages include…

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 Bo Brannen and David Oliver, or if your company would like to sponsor this content, let us know. Here's our latest installment…
Wells Fargo Volunteers
Morris Bank's Leadership Advisory Council Graduates

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.