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
Some of these products and services include:
Turn to Gladiator Technology® for Social Media Risk Management Help
After long anticipation, the FFIEC last
year released guidance regarding the use of social media by
federally regulated financial institutions. All financial
expected to have a risk management program in place to identify,
measure, and control the risks related to social media – even if
your financial institution is not actively participating in this arena. Gladiator
Technology®, a ProfitStars® solution, is your resource to help you
understand and adhere to the new mandate. Their IT Regulatory
Compliance team has successfully guided financial institutions in their social media
strategies since 2010. Plus, they are enhancing their existing
Gladiator® Social Media Compliance Services™ offering to
accommodate directives within the final guidance. Gladiator
Technology from ProfitStars is a
GBA Strategic Partner.
Contact them at 877-GLADTECH for more details or visit their
for more information.
Specialized Marketing and Branding for the Digital Age from FMS
marketing channels such as email marketing, social media marketing,
blogs, online display advertising, search engine optimization,
search engine marketing and mobile marketing are critical for
earning new business from today's bank customers.
Financial Marketing Solutions
(FMS), a Strategic Partner of the GBA, is a niche branding and
marketing agency solely serving the financial services industry. FMS
can help you solve the riddle of how to attract and retain clients
through digital channels.
More about FMS here...
Find a job, post a job
More GBA Products and Services
Like GBA on Facebook
Connect with GBA on LinkedIn
Follow GBA on Twitter
BANKSTAT Management Reporting and Analysis
Retirement, Pension and
Georgia Financial Directory
Thumbprint Signature Program
Interest Rate Averages by County
Delays State Legislative Action This Week
It's been another weather-disrupted
week in many parts of Georgia. To ensure the safety of our citizens
and allow the focus to be solely on efforts to deal with the ice and
snow storm, Gov. Nathan Deal declared a state of emergency
that's now extended through Sunday evening. The General Assembly was in session Monday
and Tuesday this week, but canceled Tuesday afternoon committee
meetings as well as their scheduled legislative days Wednesday and
Thursday. Senate hearings on GBA's two priority bills dealing with
certain bank fees,
and patent trolls,
have been rescheduled for next Tuesday.
More Legislative news
Advocacy Action Urged by GBA
in touch directly with GBA member banks that are Subchapter S
Corporations asking them to weigh in on the important Basel
III-related tax issue we reported about last week. The proposed
Basel III capital conservation buffer
prevents banks from making distributions to shareholders when
capital falls below a threshold. "Our concern is that the regulators
haven't given sufficient attention to the simple fact that federal
tax liability passes through a Sub S bank to individual
shareholders. It is patently unfair that Sub S shareholders might
face tax liability even when they have not received a distribution,"
said GBA President and CEO Joe Brannen in a communication to
Sub S bank CEOs this week. "If all 62 of the Sub S banks chartered
in Georgia wrote a letter to the regulators, it would really get the
Link to more Sub S info and a link to
resources for writing a letter here...
GBA 2014 Operations
and Technology Conference March 5-6
College Students, Recent Grads to Discuss What Drives Them to Banks
Operations and Technology Conference aims to provide
attendees with information about what's trending in the operations and
technology world and challenge them to dig deeper into their bank's
processes and practices to improve the way things are done. This
year, we will explore what the consumer of tomorrow and the
banker of tomorrow might look like.
We need to prepare to meet their needs. Ready to register?
High Marks for Card Security, Retailers Taken To Task
new report from
Javelin Strategy & Research finds that financial institutions are
doing a much better job than retailers when it comes to credit card
security," says a recent
article from CNBC.
number of GBA member banks got high marks for overall security,
prevention, detection and resolution in the survey. The retailers
reviewed, however, were all at the lower end of the scores, in
particular for the "prevention" category.
More card news here...
Awareness Efforts about Account Security Continue
continue to count on GBA as a resource for consumer protection
information about account security. The Gainesville Times
Feb. 6 had a story outlining consumer concerns and tips
about how to protect sensitive information. The story quoted GBA's
recent warning about email scams attempting to trick people into
giving out their information and encouraged frequent account
monitoring. "The great thing about technology is you have an ability
to do that [monitor your account] in a greater
way than ever before," said David Oliver, GBA SVP-Communications
and Marketing. See our account security
press release and
resources for banks. Contact
David Oliver, 404.420.2036, with
Bank and Retail Groups Team up to
A group of
some of the largest bank and retail trade organizations has
a new cybersecurity partnership to look for ways to increase
information sharing, improve card security technology and maintain
the trust of customers.
More card security news here...
for Diversity Standards get
are off to a good start with diversity standards proposed in
October, but there are some refinements needed and cautions to
consider related to vendor diversity standards and confidentiality
of reports. That was the message in a joint comment letter to
regulators signed by GBA, the ABA, and allied state bankers
associations from around the country.
More news about diversity
Seeking Input on HMDA Changes
The CFPB is
considering a number of changes to Home Mortgage Disclosure Act (HMDA) reporting requirements. It is asking small lenders and other small
businesses about a number of proposed changes, some mandated by the
Dodd Frank Act (DFA). Changes mandated by the DFA
include requiring data on the length of
the loan, total points and fees, the length of any teaser or
introductory interest rates; and the applicant or borrower's age and
Access links to a new fact sheet and online tool
related to this HMDA data here...
HMDA and CRA Workshop + Fair Lending - Feb. 25
This seminar features
two outstanding sessions. Steve Moore of Bank Compliance
Services, Avondale Estates, will be leading a full-day seminar
packed with valuable information for compliance officers, loan
officers and other bank personnel responsible for HMDA and Fair
Lending compliance. In the morning session, attendees will learn
about new and updated rules, types of loan applications that are
HMDA reportable, the regulatory consequences for non-compliance,
community development loans and much more. In the afternoon session,
Moore will provide an-depth look at fair lending, including a
detailed description of "side-by-side loan file analysis," common
loan practices with potential fair lending effects, and other
components of an effective Fair Lending program. The
HMDA and CRA Workshop + Fair Lending
Seminar is Feb. 25 at Idle Hour Country Club in Macon.
Click here to register online. With
questions please contact GBA's
Year-end Performance Summaries by GBA Group Level
Take a look at the
links below to see a list of how banks in each of GBA's 10
geographic groups preformed in 2013. Ed Sibbald, director for
the Georgia Southern University Center for Excellence in Financial
Services has provided these overviews as an example of the type of
reporting he and his team of students can do for subscribers to
BANKSTAT Management Reporting and Analysis reports.
The quarterly reports
can be customized for your bank in a variety of ways. If you're
interested in a BANKSTAT subscription,
Group Meeting March 25
Compliance Management, UDAAP and New Flood Rules
The next GBA
Compliance Peer Group Meeting is March 25 at Idle Hour Country Club
in Macon from 9:30 a.m. to 2 p.m. We have two speakers for this
event. Brad Washburn with Steve H. Powell and Company
will discuss new flood rules and Harriett Price, also with
Steve H. Powell and Company, will cover UDAAP and tips for
complying with updated guidelines. Thanks to GBA's
for planning the program. Sandra Chastain, Private Bank of
Buckhead, is the committee chair.
Click here to learn more and to
Cards from Banks a Deal says Pew Study
get a better deal when they choose reloadable prepaid cards from
banks as opposed to those issued by nonbanks, according to a study
from the Pew Charitable Trust. Bank-offered prepaid cards are
cheaper, for one thing. For banks, the
median monthly fee was $4.95 and the median acquisition fee was $4.
For nonbank card providers, the median monthly fee was $6.95, with a
median acquisition fee more than twice as high at $9.95.
prepaid news here...
Crime and Punishment
26- and 37-year Sentences
Georgia bank robbers have been severely sentenced for multiple armed
robberies they committed in February 2013. Tony Scott Key, 45, of
Albany, was sentenced to nearly 26 years in
federal prison, and Anthony Jerome Facon, 48, also of Albany, was
sentenced to 37 years' imprisonment.
More crime and punishment
Rescheduled: IRA Basics
Seminar Mar. 19
Due to inclement weather, IRA Basics
was rescheduled for a later date. Keeping your safety in mind, we
felt the risk was too great to continue with the seminar. However,
this gives you more time to sign up to learn about IRAs from
Patrice Konarik of Sunwest Training Corp. This seminar is
specifically designed to teach new account representatives,
certificate of deposit personnel and any officer/manager who
oversees the IRA department, everything there is to know about IRAs.
Included in the cost of the seminar, each attendee will receive the
225-page IRA Training and Reference Manual, otherwise known as the
"IRA Survival Guide" or the "Red Book." This comprehensive workshop
will provide you with a complete understanding of the IRA as well as
a review of significant proposed changes. The one-day seminar will
be Mar. 19 at Idle Hour Country Club in Macon starting at 9 a.m.
or to register, please click here. If you already
registered for the seminar on Feb. 12, you will need to re-register
at the above link. If you had already paid for the seminar, the
payment will be credited to the new date. With any other questions,
Driggers at 404.420.2002.
Rescheduled - Analyzing Financial Statements Seminar,
Date to be Determined
Because of unforeseen scheduling conflicts with the Idle Hour
Country Club, Analyzing Financial Statements will be rescheduled. A
new date has not been determined, but will be announced in next
week’s bulletin. If you are interested in the seminar led by Mike
Allen with State Bank & Trust and would like to be
personally notified about the rescheduled date, please contact GBA's
Members Raise Money to Support Charities, Teach
Financial Literacy, Sponsor Concerts and Create Jobs in
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
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Read about all the Georgia Bankers making news this week...
HeritageBank of the South CEO Len Dorminey, Bucky Leach
and Chief Banking Officer
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.
HMDA, CRA & Fair Lending Workshop
Operations & Technology Conference
March 5 - 6
Loan Documentation Seminar
Compliance Peer Group
Bank Security Conference
April 10 - 11
Georgia Banking School
May 4 - 9
Southern Operations & Technology School
May 4 - 9
2014 Annual Meeting
June 15 -18
White Sulphur Springs, WV
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.