February 17, 2017     


Sen. Perdue Introduces CFPB Accountability Bill

U.S. Sen. David Perdue Wednesday, along with several others, including Sen. Johnny Isakson, introduced the Consumer Financial Protection Bureau (CFPB) Accountability Act of 2017 to bring the bureau under the Congressional appropriations process. Thanks to Sen. Perdue for including our perspective in his announcement of the legislation. “Having strong checks and balances for agencies with the power to regulate an industry as critical to the economy as financial services just makes common sense. The Congressional appropriations process provides just such a check on the power of any particular agency. We appreciate Sen. Perdue for introducing this bill, and Georgia’s banking community supports it,” said Joe Brannen, GBA president & CEO, in the press release. With questions, contact Joe Brannen, 404.420.2026, or Elizabeth Chandler, 404.420.2027.

GBA Priority Bill Passes House

The big news for banks out of the General Assembly session this week is that one of GBA’s priority bills passed overwhelmingly in the House of Representatives. H.B. 143 is the Banking Department’s annual housekeeping bill, most of which was the result of the public-private GBA Code Review Task Force. Our thanks to Rep. Bruce Williamson (R-Monroe) for ably handling H.B. 143 on the House floor this week. The bill now is awaiting a hearing in the Senate Banking and Financial Institutions Committee. Look for more details about the bill and the week’s full wrap up from Gold Dome action in our Legislative Update we’ll publish soon.

Tailored Reg. Bill Reintroduced in D.C.

A bill that would require regulators to factor in bank risk profiles and business models when taking regulatory actions and making rules was reintroduced in the U.S. Senate this week. This bill is the Senate version of the TAILOR Act (S.366), and it is sponsored by Sen. Mike Rounds (R-S.D.). The bill would also require a look back at regulations issued in the past seven years to see how and if they may be better tailored. “This is common-sense regulation and there are benefits to banks of all types,” said GBA Chairman Rick Drews, CEO, Century Bank of Georgia, Cartersville. “One-size-fits-all regulation doesn’t work well. The bill would introduce more flexibility into the regulatory system to account for the basic differences in banks and their markets.” With questions, contact Joe Brannen, 404.420.2026, or Elizabeth Chandler, 404.420.2027.

Contribute to GBA’s Community of Professional Bankers

Nominate a Fellow Banker or Volunteer to Join a Committee or Board - Deadline March 31

We've kicked off the process filling our 20 standing committees and boards to make sure they are “staffed” to continue their work for the upcoming GBA year. Each committee provides excellent opportunities to share information and coordinate efforts as critical members of the community of professional bankers in Georgia. And the personal connections bankers make when serving together toward a common goal can last a professional lifetime. Click here to read more about GBA’s committees and boards and their roles...

Dig Into The 2017 Rural Development & Lending Conference Agenda

The GBA Agriculture Committee is excited to share the agenda for this spring’s Rural Development & Lending Conference, which is May 17-18 at The King and Prince Hotel on St. Simons. Click here to see complete agenda details. Any bankers and directors involved in agribusiness and rural markets are encouraged to attend. The per-person registration fee is $350 through early May. Click here to register online and see hotel information.

Time Running out To Register for HR Conference

The GBA HR Professionals Institute is coming up next week, Feb. 22-24 at the Westin Jekyll Island. You still have time to register but act fast. The slate of speakers and session content this year are exceptional so make sure someone from your human resources team is planning to attend. Spotlight sessions include a panel focusing on Millennials and a panel about employer health and wellness trends. Attendees are sure to garner some practical tools to use when going back to their banks. Click here to access the full agenda, and registration and hotel information. Contact GBA’s Kathy Friestad with questions, 404.420.2024.

Teach Children to Save is 20

The Teach Children to Save financial literacy program turns 20 this year. Bankers in Georgia and throughout the country have used the program to help young people in grades K-8 develop good savings habits. National Teach Children to Save Day is April 28, and we encourage all Georgia banks to sign up for this year’s program. Free resources include lesson plans, Power Point presentations, activity sheets and communication tools. Get more Teach Children to Save information here, and see all of GBA’s financial literacy resources here...

Final Women in Banking Wrap Up

Our Women in Banking Conference concluded last Friday with highly interactive sessions. First up was Trudy Kremer of the Jackson Spalding marketing communications firm with a session about how to communicate confidence and competence in the workplace. After that, attendees heard from a women’s executive panel of GBA members discussing career challenges and strategies for work-life balance. Thanks to Candice Nanney of BrandBank, Eve Rogers of Crowe Horwath, Sharon Cook, of FHLBank Atlanta and Jennifer Wright, Geo. D. Warthen Bank, Sandersville for participating. . The conference concluded with entrepreneur Susan Nethero sharing her inspirational story about how she built a successful women’s apparel business. Special thanks to all our sponsors for the conference, listed here. See a gallery of photos here. With questions, contact Susie McGehee, 404.420.2010.

Ops/Tech Conf. and Pre-Conf. March 14-16

Ransomware: Is Your Bank Prepared?

When it comes to bank security, one buzzword these days is ransomware. This malicious software has affected hospitals, medical clinics, big businesses and community financial institutions. Clients of GBA Associate Member Safe Systems have seen more than half a dozen cases of ransomware in the past 12 months. At GBA’s Operations and Technology Conference Pre-Conference Sessions March 14-15 in Atlanta, three experts from Safe Systems will present an in-depth session about the issue to help your bank be prepared. Click here to find out more about each one and signup to join us there...

Compliance Peer Group Meeting

CRA Focus: Telling the Bank’s Story - March 8

Join us March 8 at Idle Hour Country Club in Macon for the next GBA Compliance Peer Group Meeting. The topic is, "CRA-Telling the Bank’s Story." Amanda Hunt, Citizens Bank & Trust, Trenton, and Donna Russell, Queensborough National Bank & Trust, Louisville, will share their experiences, tips and best practices. The price is $125, and CRCM credits will be applied for. Thanks to GBA's Compliance Committee for planning the program. To register, please contact GBA’s Alison Moreau at 404.420.2034.

The Secret for Finding Just the Right GBA Program

GBA’s website has a list of 13 topical calendars to help you easily find just the right education, training and professional development. Whether you specialize in compliance, human resources, lending or any other discipline within your bank, you can quickly find ongoing programs to help you do your job. Check out our topical calendars anytime in the Member Center drop down menu on our website, or see them here...

Compliance Resource

HMDA Compliance Information Updated

The CFPB has tweaked its compliance resources about Home Mortgage Disclosure Act filing requirements. Updated resources include a webinar and a chart about options for collecting and reporting Regulation C-required information about race and ethnicity. Here’s a link to the resources...

South Georgia Community Bank Symposium – March 23

Innovation Trends in Banking Headlines Program

There are about 100,000 banking locations in the United States and there's lots of debate as to whether that's too many. With the popularity of online banking and other convenient transaction channels, the purpose of a branch continues to change and banks are looking at how to make the most of the real estate they have. At this year’s South Georgia Community Bank Symposium, David Peterson, i7 Strategies, Hahira, will provide a challenging and exciting message about how creating an environment of engagement will lead the way to change how customers feel about their financial institution, particularly when they come in to a physical office. Come and learn how to turn your banks and branches into an energized engagement center. Register now by clicking here

Senior Lending Officer Roundtables Wrap-up

All four GBA Senior Lending Officer Roundtables met last week in Macon and Atlanta. Paul Sims, president of community bank consulting firm Guided Solutions, facilitates the roundtables. Topics covered Regulatory Issues, CECL, lender training and the evolution of the credit administration function. If you are a Senior Lender and would like to join one of the roundtables, click here for more information or contact Alison Moreau, 404.420.2034.

Cash Flow Analysis Seminar – April 13

Improve the Quality of Your Credit Decisions

Join Peter Faser of SunTrust Robinson Humphrey for an introduction and practical approach to Cash Flow Analysis March 15 at Idle Hour Country Club in Macon. Faser will help participants understand how to craft a statement of cash flows and increase the understanding of how a potential borrower will repay a loan. Basic knowledge of accounting is suggested but not required. Participants will learn to…

New Online Courses: Marketing in a Digital World

Your current and prospective customers are spending more time online and using social media to research and compare everything from bananas to banks. And they're more distracted than ever. Marketing in a Digital World shows you how to break through the noise and reach your target audiences. You'll learn to leverage Facebook, LinkedIn and Twitter to expand your reach and build your bank's brand. You'll explore the latest strategies for crafting digital campaigns, including optimizing for search and which paid options can best engage your target audiences. Examples of successful campaigns by other financial institutions make it easy to put your ideas into action. The courses in Marketing in a Digital World include...

Reminder: Update Your MyGBA Login Information

If you haven’t logged in to MyGBA to update your user profile and adjust your username and password, we encourage you to do so as soon as possible. If you’re unsure of your login information, you can do a search for your user account and some basic credentials to get you started on our User Account Search page. If you’re new to GBA, we’ll need to set up a member record for you. We can do that, as well as answer any other questions, with a request to webmaster@gabankers.com.

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 Customer Service, Facilities Support, Commercial Lending 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. 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. Here's our latest installment...
W. Colon Sammons was recently honored for 29 years of leadership and service to Altamaha Bank in Vidalia. (From left: Tommie Williams, Brent Sammons and W. Colon Sammons)

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.

Click the Image to see Scenes from this week's GBA Seminars!