Compensation and Benefits Survey Still
Open. Participate now through June 30.
Free Webinar - June 25
Bond, Cyber and P&C Claims Trends and Emerging Issues from ABA
Join ABA Insurance Services' Mike Read on June 25 from 2-3
p.m. for a review of current claims trends and how these are
analyzed under various insurance policies including D&O, EPLI,
Cyber and the financial institution bond. Get a glimpse into the
future as we look at emerging issues that are likely to drive
claims going forward and gain tips on how to avoid losses. ABA
Insurance Services offers an GBA-endorsed D&O/Bond program as
well as a P&C program for financial institutions. Recognized for
underwriting and claims handling expertise, this unique
bank-owned, banker-directed program has been insuring and
supporting banks countrywide for almost 30 years.
Click here to register for the Webinar.
For questions, contact ABA Insurance Services' Catherine
Kopera at 800.274.5222 or
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.
Find a job, post a job
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BANKSTAT Management Reporting and Analysis
Retirement, Pension and
Georgia Financial Directory
Thumbprint Signature Program
of the Gavel Slated Next Week
124th chairman will pass the ceremonial gavel to his
successor at the annual meeting next week. Yes, you read
the number right: 124 bankers have been honored by their
peers to serve as the chief elected officer of the
association since its founding in 1892. "Stan Kryder, president and CEO of Midtown Bank & Trust,
has served the association tirelessly and with great enthusiasm. He
deserves the thanks of all Georgia bankers," said GBA President and
CEO Joe Brannen. During his year at the helm, Kryder was
especially focused on helping tell the positive story of
bankers' involvement in their communities and the
critical role banks play in the overall economy.
about more highlights from Kryder's tenure as GBA
Senior Lending Officer Roundtables Wrap Up First Year
Last week all three
GBA Senior Lending Officer Roundtables met. Group 1 met in Macon at
Idle Hour Country Club, while Groups 2 and 3 met at The
Georgian Club, Atlanta. Ryan C. Inlow, partner, Mauldin &
Jenkins, LLC, Albany, spoke to all three groups about the new
accounting framework for small businesses. The roundtables are
facilitated by Paul Sims, president of Guided Solutions,
Franklin, TN. These roundtables provided an in-depth look at all the
latest issues facing senior lending officers in Georgia. If you are
interested in joining one of these groups, please contact
at GBA to learn more and sign up for this year.
Georgia Bankers Complete the Graduate School of Banking at LSU
The 65th-annual session
of the Graduate School of Banking at LSU in Baton Rogue wrapped up
last week with a good contingent of Georgia bankers in attendance.
Fifty Georgians were among the more than 500 banker-students from 22
participating states enrolled in this year's session. Academics are
taken seriously, and there were 15 graduating bankers from Georgia
who worked hard completing ten
bank study projects and attending approximately 140 hours of class
during the three-year program.
You can see a list of those students
Georgia Department of Banking and Finance
issued final rules June 10 that cover a variety of
issues. The rules take effect June 30. There was one substantive
change to the final rules, which were proposed May 10. Rule
80-11-5-.01 was revised to extend the period of time to correct a
deficient mortgage loan originator application from five calendar
days to five business days. There were no substantive changes to the issues we
in our May 16 edition dealing with investments, fixed
assets, assets acquired for debt previously contracted and payment
Currency Investing Gets Another Warning
Secretary of State and Securities Commissioner Brian Kemp
issued a warning to investors about virtual currencies.
Georgia businesses, consumers, and investors should consider a
variety of risks, and more, before active involvement with virtual
currencies, the alert said. It defines Virtual currencies as digital
or crypto-currencies such as Bitcoin. The advisory is similar to a
recent warning issued by the Georgia Department of Banking and
Finance. Earlier this week, travel website
Expedia announced it will begin accepting payment in Bitcoin.
While regulators are sounding alarms, Expedia's move is another
example of the contradictions out there with this new world of
Ticking On GBA Comp. & Benefits Survey
The June 30
deadline is coming up for member banks to participate in GBA's
Compensation and Benefits Survey. Participation is free, and by
taking part you can save $250 off the price of the results. The more
members that participate, the better resource this will be for
guiding strong, competitive compensation and benefit programs. There
are nine new job titles surveyed, as well as 10 updated or adjusted
titles. And, there's a special section about the Affordable Care Act
based on feedback from our members.
Here's a link to this year's survey instructions and access to
the data input system...
Awareness Day is June 15
We're joining a
make more people aware of elder abuse and how to take preventive
measures. June 15 is Worldwide Elder Abuse Awareness Day. A 2011
MetlLife Study showed that elders in the United States lost more
than $2.9 billion annually from elder abuse. Any employee of a
financial institution in Georgia having reasonable cause to believe
that a disabled adult or elder person has been exploited financially
is required to report the suspected abuse.
Click here for a few
useful resources for helping this important cause...
Reform Bills Advance, Mobile
Banking Under Review and New eRegulations Website
Maps Out All Rules
House Financial Services Committee this week passed four bills to
reform the CFPB. GBA supports the measures, and we'll be encouraging
the Georgia delegation to support moving them to full House votes.
Click her for a list of the Bills, news about CFPB requesting
feedback about mobile banking and access to a new eRegulations site
the bureau has developed...
Insurance Education Page Updated
the FDIC's updated page for consumer education about deposit
insurance. There are new videos and infographics that explain
deposit insurance. There's also still access there to the FDIC's
easy-to-use estimator that lets customers figure out how much of
their deposits are insured.
Here's a link to the page...
Call Reporting Seminar – June 24
GBA will host its annual
seminar June 24, at Idle Hour Country Club, Macon. This one-day
seminar presented by Mauldin & Jenkins, LLC, will offer practical
techniques to improve your overall reporting process. Participants
will receive a detailed line-by-line review in the completion of
each schedule of a Call Report. Appropriate items to be reported and
relationships between schedules will be discussed as part of this
review. In addition, changes to the Call Report effective in 2014
will be discussed, along with the 2015 changes to Schedule RC-R.
Most commonly-used schedules within the Call Report will be
addressed, with an emphasis placed on Schedules RC-C and RC-R.
To register, click here.
With questions, please contact GBA's
Policy Decals Available
With the recent passage of the Safe Carry Protection Act in
Georgia, we have received some requests from GBA members that
have policies against firearms in their branches about the
availability of "No Firearms" notification to remind customers
that firearms are prohibited at their bank. We have
contacted a local company that has designed a decal in
compliance with the terms of the new statute that
will be effective for those banks that wish to purchase them.
You can see an image of the decal at right. We understand that
banks deciding to use the notices should post them at all points
of entry to the building and that the basic legal standard is
that the sign must be reasonably adequate to put a person on
notice of the prohibition.
Features of the "No Firearms" decals
from the GBA are...
A PB&J Overload, Reading
Program Support, Shredding, Scholarships and Graduates
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...
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.
Ponte Vedra, FL
Sept. 24 - 26
Oct. 12 - 14
Bank Counsel Conference
Oct. 12 - 14
Bank Accountant Conference
Oct. 12 - 14
Full GBA-U Calendar