Georgia Bankers Association - The Resource that Empowers

January 3, 2014


Attention Attorneys!
Status of Important Banking Cases for January 2014


Loan-Growth Opportunity, Speed to Market Highlight Corserv's Credit Card Program

One of the most consistent themes we've heard from GBA member banks in the past year has been the search for new sources of loan growth and revenue. The Corserv Account Issuer credit card program can help a bank systematically build a predictable, profitable, easily managed credit card portfolio. Highlights of Corserv's program are...


Protect Your Human Capital and Your Bank with Employment Law Resources

Monitoring revisions and changes to labor laws that affect the banking industry can be a challenge. Your bank can stay ahead of the curve with help from GBA Strategic Partner Employment Law Compliance, Inc. (ELC). ELC has a successful history of working with community banks of all sizes that may not have a large HR staff or
in-house employment counsel. The professionals at ELC average 25 years of experience in their field. ELC's entire staff is committed to designing and maintaining the best solutions and services to help your bank. For more information, please contact ELC's Steve Greene at 770.206.3371.


Trust and Investment Management Services for Your Bank's Valued Customers

Reliance Trust Company, headquartered in Atlanta, is one of the largest independent trust companies in the country with more than $109 billion in assets under management and administration and a leading provider of personalized financial services for individual, corporate, and institutional clients. Reliance can add fee-based revenues through financial advisory services to individual and business customers, directors and bank employees. Reliance Trust's services include...


Job Bank
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More GBA Products and Services

Like GBA on Facebook

Connect with GBA on LinkedIn

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BANKSTAT Management Reporting and Analysis Reports

Retirement, Pension and
401(k) Plans

Georgia Financial Directory

Thumbprint Signature Program

Interest Rate Averages by County

Pledging Pool



Decision Pending on TruPS CDO Prohibition

Jan. 15, 2014 is the date by which regulators say they will officially address whether pooled investment vehicles for Trust Preferred Securities (TruPS), such as TruPS CDOs, will be subject to the Volcker Rule. Regulators made the announcement of a pending decision Dec. 27 and reiterated it in a follow-up statement Dec. 30. A key component of the most recent announcements is that the regulatory accounting staffs "believe that any actions in January 2014 that occur before the issuance of December 31, 2013, financial reports...should be considered when preparing those financial reports." In related news, the Washington, D.C., Circuit Court of Appeals delayed action until Jan. 17 on a lawsuit challenging the TruPS CDO prohibition filed on Christmas Eve by the ABA and three community banks. More about TruPS and the Volcker Rule here...


Registration Continues for Legislative / Economic Forum and Legislative Reception

GBA member advocacy opportunities for 2014 kick in to high gear Jan. 15 at the annual GBA Legislative / Economic Forum and Legislative Reception in Atlanta. Governor Nathan Deal will be among those speaking at the Forum, and we've already received RSVPs from a big crowd of legislators and GBA members for the reception. Our venues for the events, the Georgian Terrace and Fox Theatre, will make for a unique afternoon and evening experience for members this year. Make your reservations today. Get full details and access online registration here...


2013 BankPAC Closes Out, FedPAC Goal Topped

The Georgia BankPAC Board of Directors wishes to thank all of the bankers, Associate Members and Bank Counsel Section members who generously contributed to the 2013 BankPAC Campaign. The FedPAC exceeded itsí goal with the help of 461 individual bankers contributing while just over 60 banks made a contribution to the StatePAC. These important funds will assist GBA in being involved in the political process in Washington, D.C., and at the state Capitol as we enter an important election year at all levels. Recent year-end contributions to the FedPAC were received from HeritageBank of the South, Albany, Len Dorminey, CEO. A StatePAC contribution was received from Metro Bank in Douglasville, Ken Barber, President & CEO. With questions, please call Elizabeth Chandler at 404.420.2027.


Top 10 GBA Member Resolutions for 2014

The entire GBA staff is excited about the new year and is committed as ever to exceeding your expectations for your Association. Here are 10 great ways you and your bank can ensure you're getting the most value from the advocacy, community, education and services resources your GBA membership provides...


GBA Past Chairman Cliff Campbell Dies

We were saddened to learn that former GBA Chairman, Cliff Campbell, died on Dec. 26 following a brief illness. Campbell was GBA chairman in 1980-1981 and at the time was president of C&S Bank in Thomasville. He had a long and distinguished career serving both the banking industry and local and national organizations. His obituary linked here gives more details about his well-lived, extraordinary life. "Cliff had just been installed GBA chairman when I was privileged to join GBA in July, 1980. Like he did for so many other youngsters under his tutelage, Cliff was constantly available. His wise counsel and tireless enthusiasm got me off on the right foot, and I will forever be grateful to him. I had the opportunity to attend his funeral service Sunday in Thomasville and visited with his wife, Frances, afterwards. She wanted to let everyone know how much the banking industry and especially the friends they met through the Georgia Bankers Association meant to Cliff and her over the years," said GBA president and CEO
Joe Brannen


New Escrow and HMDA Exemption Thresholds Announced

There are new asset size exemption thresholds for banks related to escrows for higher-priced mortgages and Home Mortgage Disclosure Act (HMDA) provisions. Banks with less than $2.028 billion in assets are below the exemption threshold for having to establish escrow accounts for higher-priced mortgages under Reg Z. Banks with less than $43 million in assets are below the exemption threshold for having to meet HMDA (Reg C) provisions.


State's Population Approaches 10 Million

Georgia's population grew to 9,992,167 in 2013, according to the latest U.S. Census Bureau estimates. The state added just more than 76,500 people from July 1, 2012, to July 1, 2013. Since 2010, Georgia's population has grown by 3.1 percent, outpacing national growth of 2.4 percent. Georgia remains a high-growth state with an attractive business climate compared to many other areas of the country. The largest population increases over the year were in Texas, California and Florida. California remains the most populous state, with more than 38.3 million people.


FHFA Fee Hike to be Reversed

The incoming director of the Federal Housing Finance Agency, Mel Watt, said he will reverse the agency's decision to raise the mortgage guarantee fees Fannie Mae and Freddie Mac charge. The agency announced the hikes Dec. 9. Watt takes office Jan. 6, and he said he wants to "evaluate fully the rationale for the plan and the plan's likely impact on the GSE's risk exposure, the cost and availability of credit and how the plan would interface with the qualified mortgage standards."


Electronic Payments Continue Climb

Credit and debit card payments comprise about two-thirds of all noncash payments according to the Federal Reserve's latest electronic payments study. The total number of noncash payments, excluding wire transfers, was 122.8 billion, a growth rate of 4.4 percent annually from 2009 to 2012. Prepaid card use enjoyed the biggest annual growth over the survey period, rising 33.5 percent annually to 3.1 billion transactions, or 7 percent of the total. More electronic payment news here...


A Limited Supply of Holiday Closing Decals are Available - Claim Yours Today

Posting GBA's Holiday Closing Decals shows that you respect your customers' time and business. Plus, your bank is required to post notices about holiday closings at every branch location. This year with our buying power, we have lowered prices again on our decals, and the more you order, the more you save. The new price is $35 per set for orders of 1-5 sets, $32 per set for orders of 6-10 sets and $30 per set for orders over 10 sets. These decals are an affordable and attractive option for meeting the notification requirement, and they present a polished, professional look for each branch. GBA has an extremely limited number of sets still available, so It is important to place your order as soon as possible, To place your order, please contact Kenyetta Parks at 404.420.2035.


IRA Basics Seminar Feb. 12

Take advantage of learning everything A to Z about IRAs by attending GBA's IRA Basics seminar. Included with 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. Designed for new account representatives, certificate of deposit personnel and any officer/manager who oversees the IRA department, the seminar will be led by Patrice Konarik with Sunwest Training Corp. in Gilchrist, TX. This comprehensive workshop will provide you with a complete understanding of the IRA as well as a review of significant proposed changes. This one-day seminar will be Feb. 12 at Idle Hour Country Club in Macon. Click here to register online. With questions, please contact Danielle Driggers at 404.420.2002.


The 2014 Operations / Technology Conference Agenda is Set, Join us March 5-6

The 2014 Operations/Technology Conference will be March 5-6 at the Cobb Galleria Centre in Atlanta. The program will provide bankers involved in the operations or technology areas of the bank sessions about the branch bank of the future / the future of self-services; electronic fraud / account takeover; an insider's perspective from a panel of IT and finance college students on what the consumer of the future and banker of the future might look like; a discussion on technology regulatory trends; peer exchange; and a panel of bankers from small, medium and large banks discussing mobile banking and the future of mobile security. Attendees will also hear from conference exhibitors. Check the GBA website for a program agenda coming soon. With questions, please contact Kathy Friestad at 404.420.2024. Click here to register online.


Key GBA Event Reminders

Legislative/Economic Forum & Legislative Reception

Jan. 15

Click here to register

HR Professionals Institute

Feb. 6 - 7

Click here to register

Operations & Technology Conference

March 5 - 6

Click here to register

Georgia Banking School

May 4 - 9

Click here to register

Southern Operations & Technology School

May 4 - 9

Click here to register

2014 Annual Meeting

June 15 - 18 Click here to register


GBA Community Connections

GBA Members Finish the Year with Strong Community Efforts

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 David Oliver.


GBA Community Connections is sponsored by Promontory Interfinancial Network. Promontory's Bank Assetpoint helps buyers and sellers of bank assets connect with each other, as well as with specialty service providers whose services can facilitate a sale. Learn more at  



Read about all the Georgia Bankers making news this week...








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.




Legislative/Economic Forum & Legislative Reception
Jan. 15

HR Professionals Institute
Feb. 6 - 7

Operations & Technology Conference
March 5 - 6

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


AIB Courses for February

Compliance Calendar

Lending Calendar

Ops/Tech Calendar

HR Calendar

Asset/Liability Calendar

Management Calendar

Security Calendar

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.



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