Bank Counsel Section Members!
Status of Important Banking Cases for
Rely on GBA Strategic Partner Gladiator Technology® for
Protection against Today's Malware
With about 200,000 new variants of malware written
every day, malicious software infections on bank networks
continue to pose a major security threat. Traditional
anti-virus protection is no longer sufficient to protect your
network and non-public information from today's complex threats.
Turn to Gladiator Technology from ProfitStars® for help in
staying one step ahead of the bad guys. Gladiator® Advanced
Malware Protection™ (AMP) is a robust, cloud-based solution that
that provides a safe and secure Domain Name Service (DNS) to
proactively protect against today's sophisticated malware
threats. Further, this cutting-edge layer in malware defense
leverages the expertise of the Gladiator Security Research
department, including its Internet Threat Watch List database,
and industry-leading partners in DNS security and threat
intelligence. Gladiator is a
GBA Strategic Partner. Contact 877-GLADTECH
for immediate assistance or visit
www.profitstars.com for more information.
Employee Benefit Selections are Easy and Affordable with 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
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
Some of these products and services include...
Find a job, post a job
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BANKSTAT Management Reporting and Analysis
Retirement, Pension and
Georgia Financial Directory
Thumbprint Signature Program
Discuss Trust Preferred
light of the ongoing and upcoming challenges faced by some bank
holding companies that have issued trust preferred securities,
Georgia bankers gathered for a town hall meeting in Macon on
Wednesday to discuss ideas for issuers, holders and potential
acquirers. Scores of bankers and industry advisors turned out to
discuss the issues, including structures of trust preferred
issuances and the pools that purchased them, regulatory issues, the
impact on boards of directors and possible solutions. While one
takeaway is that there is no “one size fits all” solution, bankers
enjoyed a full day of discussion and now are armed with a better
understanding of the relevant factors to help them evaluate their
Read more highlights form the TruPS Town Hall
and access links to the agenda and presenter contact information...
Take Advantage of
August Congressional Recess
No, don’t take a break or breathe easier
with Congress in recess during the month of August. What we mean is
that this is a perfect opportunity for you to visit in person with
your member of congress on two key bills we’re trying to get a vote
on the floor of the U.S. House of Representatives when they go back
in session in September. The first bill, H.R. 2673 by Rep.
Andy Barr (R-KY) essentially would give automatic compliance
with the Ability to Repay and Qualified Mortgage requirements of
Dodd-Frank if the bank keeps a real estate mortgage loan in
portfolio. That would be huge for many of our banks who seldom sell
loans into the secondary market primarily because of the nature of
their customers and their borrowing ability. The second bill,
H.R. 4521 by Rep. Blaine Luetkemeyer (R-MO), exempts
smaller banks from escrow and other servicing requirements.
Here’s a link to a one page brief from the
American Bankers Association that highlights the key provisions of
the two bills. Both bills have been reported out of
Committee, but we’re told we need to get more bipartisan support
before a vote will be called.
Here is what we need you to do...
Profitability, Lending Climb During Second Quarter
About nine of every 10 Georgia banks
were profitable in the second quarter (89.7 percent). That's an
increase from first quarter's 86 percent and the 86.6 percent in
second quarter of 2013. All of Georgia's banks have filed their Call
Reports, and the profitability stats are an early read we got from
data provided by SNL Financial. Also of note, 71 percent of
banks based in Georgia reported increased loans, with 39 percent of
them producing double-digit loan growth. Look for more detailed
analysis once the official FDIC summary is available later this
Nontraditional Mortgage Approval Rates Affected by ATR/QM Rules
There were a few interesting notes from
this week's senior loan officer survey released by the Federal
Reserve. The first is that two types of mortgages seem to be most
affected by the CFPB's qualified mortgage (QM) and ability to repay
(ATR) rules: prime jumbo loans and nontraditional mortgages. Loan
officers reported reduced approval rates on applications for both
types of loans. Most large banks and only about half of all other
banks reported no significant effects on prime conforming mortgages.
Loan officers also reported a general ease in lending standards and
terms, and overall demand is on the upswing.
Here's a link to the report...
Directors & Executive Management Conference - Aug. 27
has been meticulously designed to examine issues that are high priorities for
regulators and banking executives, and the focus is on information
that will help directors understand their critical role and also
provide guidance about how they can achieve success in the coming
years. This conference is designed for directors, CEOs, CFOs, and
executive management of community banks of all sizes. Inside and
outside directors will gain a better understanding of
the duties and responsibilities involved in this leadership role
while also discovering how to enhance profitability in this
challenging environment. This conference will be held on Aug. 27 at
the Idle Hour Country Club in Macon.
Please click here to register for the
If you have
any questions please contact GBA's
Households - Most Say “We’re doing okay”
Federal Reserve is just out with its new
Report on the Economic Well-Being of U.S. Households.
The report provides a snapshot of the self-perceived financial and
economic well-being of U.S. households and the issues they face
based on responses of just over 4,100 people to a recent survey. The
report provides insight into housing and living arrangements; credit
access and behavior; education and student loan debt; savings;
retirement; and health expenses.
Here are some key takeaways...
Compliance Conference Update
Need a Reason to
Attend the 2014 Compliance Conference? We've Got Three!
GBA's 2014 Compliance Conference is packed with opportunities
for attendees to learn from the experts and network with peers. On
Day 1, Wednesday, Sept. 24, attendees will hear representatives from
the Federal Reserve, FDIC, OCC, and Georgia Department of Banking
fielding your questions about issues that are weighing on your bank.
Wednesday's agenda also includes valuable Peer Group Discussions.
Then, Compliance Committee members Louvera Walden, Senior
Compliance Manager of FIS Global's Enterprise Governance, Risk &
Compliance (EGRC) Solutions, and Amanda Hollingsworth, AVP/Loan
Compliance/Asset Quality Control at First American Bank & Trust in
Athens, will lead a discussion on ARM requirements found in Reg. Z
and provide attendees with guidance about when they are preferable
to fixed rate mortgages.
The Compliance Conference will be held Sept. 24-26 at Idle Hour
Country Club in Macon. You may choose to register for the full
conference, Day 1 only (compliance risk management), or Days 2 and 3
Click here for more agenda details, hotel
information and online registration. Contact
404.420.2024, with questions.
Marketing Peer Group - Sept. 9
of the Marketing Trade: How to Modernize your Marketing Plan
Take a fresh
look at the most important tool of the trade, your marketing plan.
Charles Jordan, of the Charles Jordan Group, a
strategic marketing firm based in Atlanta will give you a kit to
take back to your bank for modernizing your marketing plan. He'll
share key questions you and your management team should be answering
and share a guide for how those answers can drive a modernized plan
and change how you view traditional marketing. And, he'll facilitate
discussion about tools you are using or have questions about based
on the principles he'll outline and samples you provide. This
session will give you a lot of new ideas and take-home resources.
Click here for more information about the
agenda and online registration...
Piegza to Give Economic Update at President/CEO, Conference
Join Chief Economist,
Lindsey Piegza with Stern Agee,
Chicago, at GBA’s annual
President/CEO Conference, as she provides an updated look at
the pace of the recovery and what it means going forward for
growth, interest rates and monetary policy. The conference will be
held on Oct. 12-14 at
The Ritz-Carlton Lodge, Reynolds Plantation, Greensboro.
Conference brochures will be mailed soon. GBA has reserved a block
of rooms at The Lodge at a reduced rate of $169 per night for single
or double occupancy. Reservations may be made by calling the hotel
directly at 706.467.0600. Be sure to say you are with the GBA
to receive this special rate. The cut-off date for
reservations is September 17. After this date, all
reservations will be subject to prevailing rate and space
Click here to register online. With questions, please contact GBA’s
Susie McGehee at 404.420.2010.
is Fantastic for Financial Education Efforts
members to participate in the Get Smart About Credit and Lights,
Camera Save! programs from the ABA this fall. Registration is now
open to participate. "I'd really love to see a high percentage of
Georgia banks taking part in these programs," said GBA Chairman
Remer Brinson, president and CEO of First Bank of Georgia,
Augusta. "These are two easy and fun ways for bankers to make a big
difference in our communities." The programs promote good money
habits, how to save for college and how to protect identities.
There's a combined registration process, and banks can register for
either program or both at once.
ABA is hosting three free webinars for
participating banks, too...
Pilot Begun by FDIC
banks with targeted savings programs for students may want to sign
up for FDIC's new pilot program to highlight financial education and
savings programs for students. The program will
identify and highlight promising approaches to offering financial
education tied to the opening of safe, low-cost savings accounts to
More about FDIC's new Youth Pilot Program...
BankPAC Campaign Update
The 2014 BankPAC Campaign made good progress this week and
hope that you will take a moment to see how your GBA Group is
progressing toward its' goals for the FedPAC and StatePAC.
As a reminder,
the GBA StatePAC accepts contributions from a state
bank or the holding company of a national bank while the GBA FedPAC
accepts personal contributions from bank officers, directors and
Thanks to those
that have already made their contributions
including these individuals and companies
that contributed to the GBA BankPAC this week...
Support the GBA StatePAC at the Annual Georgia BankPAC Golf Classic
- Oct. 1
Another great way to contribute to the GBA StatePac campaign is by participating in
Leadership GBA's thirteenth annual
BankPAC Classic Wednesday, Oct. 1, at The Club at
River Forest in Forsyth. This two-person scramble tournament is sure
to be a fun and challenging event for everyone. Registration is $150
per person, $250 per team or $450 for a team plus hole sponsorship
(a $100 savings). The proceeds will be donated to the GBA StatePAC.
Click here to register. With questions, please call GBA's
Susie McGehee at
Act Seminar: Basic Compliance for Bank Employees - Aug. 21
is a focus for bank examiners, who expect that all bank
employees, particularly frontline personnel, are well-trained at
least annually on the various reporting and recordkeeping
requirements for BSA, CIP and OFAC. GBA is aware of the need for
this training and has set up a helpful resource for you and
your bank. Take advantage of this seminar Aug. 21 at the Idle Hour
Country Club in Macon. This seminar will address the fundamental BSA
reporting and recording requirements,
including the following topics...
Documentation Seminar - Sept. 4
Prevention of loan losses through implementation of proper loan
structuring and documentation techniques is critical in the banking
industry today. Join Mike Allen, Executive Vice President,
State Bank and Trust Company, Atlanta at GBA's
Seminar as he shares techniques for proper loan documentation.
Topics include: background and review, identifying the borrower,
identifying the collateral, evidencing the debt,
attaching and perfecting the collateral, real estate
specifics and much more. Designed for commercial loan officers,
commercial loan personnel, loan assistants and closing specialists,
the seminar will be held on Sept. 4 at Idle Hour Country Club in
Click here to register for the seminar.
With questions, please contact GBA's
GBA Members Give Community Members a Voice with Gov. Deal and
Support Countless Civic Causes for Good
Click here to read about
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
Read about all the Georgia Bankers making news this week...
recognized for service anniversaries and pictured with
GBA president and CEO Joe Brannen are, from left to
Erin Howard, 8 years;
John Runnion, 14 years;
Elizabeth Chandler, 18 years;
Dan Thomason, 30 years;
Angela Barber, 15 years;
Danielle Driggers, 2 years;
Gino Lassiter, 16 years;
Kenyetta Parks, 14 years;
Susie McGehee, 15 years and
Susan Kelley, 37 years
are more scenes from the staff meeting…
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.
Bank Director and Executive Management Conference
Loan Documentation Seminar
Marketing Peer Group
Sept. 24 - 26
Oct. 12 - 14
Bank Counsel Conference
Oct. 12 - 14
Bank Accountant Conference
Oct. 12 - 14
Full GBA-U Calendar
Career Paths for Bankers
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