April 7, 2017          

Dodd-Frank Reform Talk Spins up; Speak up for GBA D.C. Trip

President Trump this week again publicly pledged action to make reforms to the Dodd-Frank Act. During a town-hall meeting with business leaders Tuesday, the president leveled pointed criticism at the act and its effects on banks and the availability of credit. However, Rep. Patrick McHenry (R., N.C.), who is vice chairman of the House Financial Services Committee, told the Wall Street Journal it will be June or July before such legislation would come before the House. The timeframe is notable because it is not long after GBA’s annual member advocacy visit to Washington, D.C., to meet with members of Congress and regulators, May 9-11. We always like to brief our delegation with specific stories about how laws and regulations affect banks and customers, and the timing for sharing those real-world stories couldn’t be better this year. Click here for more reg. reform news and details about GBA’s upcoming D.C. fly in…

Just Two Weeks Left to Register for GBA's Spring Schools at UGA

The enrollment period is open through Friday, April 14, for the May session of the Georgia Banking School and GBA Advanced Compliance School. The schools are both May 7-12 at the University of Georgia in Athens. Hotel rooms are still available at the conference center hotel. Don’t miss out on offering this outstanding professional educational opportunity to your promising bankers. It’s a win-win investment for your banker and for your bank. If you’d like to talk to someone about a GBA school, contact Kathy Friestad, 404.420.2024. She will be glad to connect you with a school board member, a faculty member or a current student or a graduate. Ready to see more details or enroll? Click here for Banking School info. Click here for Advanced Compliance School info.
A. Scott

Desired Farm Bill Enhancements Outlined

We’re closely watching the development of the next Farm Bill. Georgia U.S. Rep. Austin Scott(GA-08) chairs the U.S. House Agriculture Committee’s Commodity Exchanges, Energy and Credit Subcommittee, which held a hearing this week in preparation for the bill. U.S. Rep. David Scott (GA-13) is the ranking member on the subcommittee. During the meeting, an ag banker from South Dakota outlined a series of GBA-supported items that should be addressed in the upcoming iteration of the legislation. Click here for a quick summary of the hearing…

Last Call! Loan Doc Seminar - April 13

Don’t miss the opportunity to learn how to structure and document loans to avoid losses by registering for GBA’s next Loan Documentation seminar April 13 at Idle Hour Country Club in Macon. Mike Allen of State Bank and Trust will cover identifying the borrower and collateral, evidencing the debt, attaching and perfecting the collateral, real estate specifics, residential construction lending, guarantees and much more. Registration is $250 per person. Click here to register online. Please contact GBA's Katina Prokos at 404.420.2021 with questions.

50-Year Bankers to be Recognized at Annual Meeting

GBA is proud to recognize Georgia bankers who have devoted 50 years or more of service to the banking industry. We will honor these bankers at the 2017 GBA Annual Meeting June 18-21 at The Broadmoor, Colorado Springs, CO. Please let us know if you know bankers who have reached this important milestone by sending an email to GBA’s Susie McGehee with the following information:
  • 50-year banker’s name and current title
  • Bank name
  • Number of years of service and brief work history
  • Photo of 50-year banker and the name of the nominating banker.
The deadline for this information is Friday, May 19. Please contact Susie at 404.420.2010 with questions.

Take Advantage of Tours and Activities at GBA Annual Meeting

When you attend GBA’s 2017 Annual Meeting, you’ll find no shortage of things to do in Colorado Springs. Colorado’s second-largest city offers unique experiences year-round, but we have picked out some of the best to offer attendees this year including popular stops such as the U.S. Air Force Academy, Garden of the Gods Park, the U.S. Olympic Training Center and Pikes Peak-America’s Mountain. We’ll also be offering a fun and interactive complimentary spouse breakfast program, a golf tournament at The Broadmoor’s stunning West Course and more. Click here for complete details about everything we have scheduled. The registration deadline for the tours is May 23. Spaces are already filling up so please register soon. With questions about the tours or the Annual Meeting in general, please contact GBA’s Susie McGehee at 404.420.2010.

Bank Security Conference Underway

A big crowd of member bank Security officers have convened this week for the annual GBA Security Conference. On the agenda are technical and tactical sessions about preventing elder abuse and internal fraud, trends in security equipment, handling hostage and active-shooter situations, lessons learned from actual incidents and a credit and debit card fraud update. Atlantic Capital Bank’s Ricky Robertson chairs the GBA Security Committee that planned and sponsors the conference. Look for more scenes and details next week, including a full list of additional sponsors and exhibitors.

April is Financial Literacy Month - Get Involved

Help GBA celebrate April as Financial Literacy Month by getting out into the community and teaching students about money. A poll out this week reports 88 percent of adults agree that personal finance skills should be taught in schools. (How 12 percent could disagree with that or be unsure about it is a mystery to us!) The good news here is Georgia is among the states that require high school students to take a course that includes personal finance skills. The Federal Reserve Bank of Atlanta reports that Georgia’s required Economics course does cover banks, credit, saving and spending and other personal finance skills. Bankers can help supplement that by making presentations to school groups as part of national Teach Children to Save Day April 28 or anytime this month. The resources also include materials for younger students. See all the free TCTS resources available and sign up here. Other financial literacy resources are available on our website under the Member Center/Financial Literacy Resources drop down menu.

New FHLB Product Resource from FDIC

Community banks have a new resource to help facilitate mortgage lending through making use of products and programs offered by the Federal Home Loan Banks. The FDIC has published a new guide describing various products and services offered by FHLBs and more. The Affordable Mortgage Lending Guide can be found at the Affordable Mortgage Lending Center, an online resource center featuring data, fact sheets, and mortgage lending studies produced by the FDIC and other federal agencies. Click here to find out more and access a link to the resource…

New Account Documentation & Compliance Seminar to Cover Georgia Laws - April 20

Suzie Jones and Susan Fonteno of Sunwest Training Corp. are the experts presenting at GBA’s New Account Documentation & Compliance seminar April 20 at Idle Hour Country Club in Macon. Those who attend our seminar get a compliance manual customized to Georgia state law. Jones and Fonteno will cover the following during this comprehensive seminar…

Cash Flow Analysis Seminar - April 27

If you’re new to banking or just need a refresher on cash flow analysis, join Peter Faser of SunTrust Robinson Humphrey at GBA’s Cash Flow Analysis seminar April 27 at Idle Hour Country Club in Macon for an introduction and practical approach to this topic. This seminar is designed to help participants craft a statement of cash flows, improve the quality of credit decisions and increase the understanding of how a potential borrower will repay your loan. Participants will learn to…

Leadership Conference to feature Economist Quinlan

It wouldn’t be a GBA Leadership Conference without a thorough economic update session. And economist Tim Quinlan, Wells Fargo, Charlotte, NC, will be back with us to cover all the bases about fiscal policy, tax reform and the prospects for relaxation of the Dodd-Frank Act. He will also discuss the increased interest rates and what rising rates mean for banks in the Southeast and nationally. Leadership GBA hosts its annual Leadership Conference July 17-20 at the Ponte Vedra Inn & Club in Ponte Vedra. Brochures 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.

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

FDIC’s Ben Pitts to Talk to Agribusiness Lenders at May Conference

At the 2017 Rural Development & Lending Conference, May 17-18 at the King and Prince on St. Simons, ag lenders from around Georgia will cover pressing issues and challenges they face every day in their banks. A loyal friend of this conference, the FDIC’s Ben Pitts, will be on hand to share his expert opinion on all things regulatory that affect agribusiness lenders. This year, Pitts will emphasize loan restructuring and liquidity, noting that liquidity is a hot issue for regulators right now. Be sure your bank’s ag lender or director is registered to attend. Click here to see the complete schedule, register online, or to access hotel information.

Bank Assetpoint® Helps Banks Market Assets

Promontory's Bank Assetpoint® can help your bank easily market CRE and other assets to potential buyers. It allows users to search for and post assets for sale, either directly or through a real estate broker or loan sale advisor, and to connect with specialty service providers. You can access to a huge pool of eligible buyers, facilitating faster disposition, and easily monitor a wide range of assets - including performing and nonperforming loans, loan participations, loan pools, and commercial OREO - in a single, secure place. You can check out all the Bank Assetpoint features at www.bankassetpoint.com. It's quick and easy to get started. With questions, contact Promontory's Danny Capitel, 770.630.6796.

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. Some of these products and services include…

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.

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…

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.