Compensation and Benefits Survey Still
Open. Participate now through June 30.
Policy Decals are Going Fast
so Get Yours Today
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 sold out of our first order and there
is a limited supply left from the reorder, so please call us to get yours today.
Features of the "No
Firearms" decals from the GBA are...
Assetpoint Featured as Helping Banks Market Assets
ABA Banking Journal
this week featured GBA-endorsed product Bank Assetpoint
a kind of "in-search-of" electronic bulletin board that brings
loan asset buyers and sellers together.
Bank Assetpoint® allows members to search for and
post assets for sale, either directly or through your real estate
broker or loan sale advisor, and to connect with specialty service
providers. You can
access to a large
number of eligible buyers, facilitating faster disposition, as well
as the potential to capture the value of your assets, as well as
easily post and monitor a wide range of assets - including performing and
nonperforming loans, loan participations, loan pools, and commercial
OREO - in a single, secure place. There are many other benefits,
too. Check out
Bank Assetpoint at
www.bankassetpoint.com. It's quick and easy to get started.
With questions, contact Promontory's
Danny Capitel, 770.630.6796.
Find a job, post a job
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BANKSTAT Management Reporting and Analysis
Retirement, Pension and
Georgia Financial Directory
Thumbprint Signature Program
In Their Words: Parrish Clark
The Training at
This Year’s Leadership Conference will be Unmatched
and CEO Joe Brannen talked to Georgia Trend Magazine
this week for an article coming up in the fall about banking, and
one of the key themes he mentioned was the industry's push to
develop the next generation of Georgia bank leadership. In support of those
efforts, Leadership GBA
will host its annual
Leadership Conference July 20-23 at the
Ponte Vedra Inn & Club in Ponte Vedra, FL.
executive vice president, Guardian Bank, Valdosta, and Leadership
GBA Executive Committee President-Elect recently shared his thoughts
about the conference with us...
Needed on QM and Servicing Bills
reported to you last month that the U.S. House Financial Services
Committee had approved several important regulatory relief bills
that are priorities for a joint Regulatory Relief Task Force GBA is
a part of with other state bankers associations and the ABA. Your
help is needed to ensure this work continues to move through
the legislative process.
Link here to alerts designed for you to
directly contact your U.S. House member to let your support for these
important bills be known and for an article written to Georgia bankers by the ABA's Frank Keating...
for Primary Runoff Begins June 30
As a reminder during this busy election year, the early voting
period for Georgia's primary runoff elections begins Monday, June
in advance of election day on Tuesday, July 22. These primary
runoffs include races for the Republican U.S. Senate candidate, the
Republican and/or Democratic nominees in Congressional Districts 1,
10 and 11, Republican and Democrat nominees for School
Superintendent, several state House and Senate seats and a large
number of local offices.
Check the Georgia Secretary of State’s
to find your early voting poll location.
to the following companies that were approved for associate
membership at the June15 GBA Board of Directors meeting:
AmTrust North America,
Robert Splawn, National Sales Manager
Calhoun Sands Valuation
& Advisory, Inc.,
Atlanta, Bennett Sands, Principal
Carrollton, TN, Amy Carey, Eastern Regional Manager
Bill Miller, Relationship Manager
Partners, Inc., Jasper,
Don Boggus, Partner
Hudson Parrott Walker, Atlanta,
Mary Lillian Walker, Partner
Michael Hudlow, CEO
Merchant Data Systems,
Dennis Bonin, Vice President - Sales
Tenth Street Capital,
R.A. Duke, Partner.
Top State for Business in CNBC Ranking
“Always a contender, Georgia outdid
itself in 2014,” says CNBC in describing how Georgia snagged its
ranking as the top state for business in 2014. Georgia scored 1,659
out of 2,500 total points in this year’s survey. “Georgia’s best
category, its workforce, tops in the nation for the third year in a
row. Georgia ties for first in infrastructure with America’s busiest
airport and one of its busiest ports,” said Scott Cohn,
senior correspondent and lead investigative reporter at CNBC. “Since
we began rating the states for competitiveness in 2007, Georgia has
never finished outside the top 10 overall, with fourth-place
finishes in 2007 and 2011, and a respectable eighth place in 2013,”
the online posting about the ranking.
Group Talks Risk Assessment Best Practices, More
Compliance professionals from around the state gathered this week
for the GBA Compliance Peer Group meeting in Macon. The main focus
of the meeting was a detailed overview of best practices for how
banks can perform a thorough risk assessment of their compliance
management program. Afternoon roundtable discussion session gave
peer group members time to share ideas about vendor management,
mortgage lending issues, UDAAP issues, consumer complaint tracking,
mobile banking compliance and electronic signatures for appraisals.
Read more highlights from the Peer Group here...
Compliance Conference Coming Up
Sept. 24 - 26
Based on the tremendous success of the 2013 GBA Compliance
Conference, GBA’s Compliance Committee has tailored its 2014 program
agenda and format to meet the educational and networking needs of
all compliance officers. To be held Sept. 24-26 at the Idle Hour
Country Club in Macon, the 2014 Compliance Conference will allow
attendees to register for the full conference, day 1 only, or days 2
and 3 only, depending on the content you need to hear. Day 1 will
focus on Compliance Risk Management, while days 2 and 3 will focus
on lending compliance (day 3 will end at noon).
Click here for a detailed program agenda and registration form.
Thank you, Annual Meeting Sponsors and
Many thanks to the members and associate members who helped make the
Meeting a great success.
Please see this list recognizing
the firms that so generously sponsored the various
events and exhibited. When you see
them or correspond with them, please make a special
effort to thank them for their support.
Reputation on the Mend
The banking industry's reputation
overall climbed 3.9 points in the past year, and jumped ahead of
rankings for telecommunications, energy and information and media,
according to American Banker's annual survey of bank reputations. "Anthony Johndrow, a managing partner at Reputation
Institute, says that 2014 ‘might be the turning point for
perceptions' of the banking industry," Overall, the industry's reputation
rating moved into the "average" category for the first time in
Click here for more summary of the article and a
link to the full piece...
Call Report in
the Spotlight this Week
hosted its annual Call Reporting Seminar this week, and regulators
requested comments on proposed revisions to the risk-weighted assets
portion of Schedule RC-R, Regulatory Capital. Our seminar provided
hands-on training for bankers about each section of the call report
and updates on the types of information required. The proposed
changes to Schedule RC-R, Part II, Risk Weighted Assets, deal with
the revised regulatory capital rules approved by the banking
agencies in July 2013. Comments for the proposals are due by Aug.
Rule from CFPB Likely Not Coming Soon
A year after the release of a white
paper that summarized its initial findings from an analysis of
overdraft practices used in nine large banks, the Consumer Financial
Protection Bureau (CFPB) has changed the date for further pre-rule
activities on overdraft programs to February 2015, according to its
Spring 2014 rulemaking
agenda. Thanks to GBA Strategic Partner John M. Floyd
and Associates for pointing that out to us.
Here's an article from JMFA with tips about
how to provide account holders with the most up-to-date overdraft
For more information about JMFA and its
overdraft program used by a number of GBA member banks, please
Waid Thompson, JMFA's regional sales director, at
Buying BOLI Policies
An article in American Banker
this week chronicles how many smaller banks have begun to buy Bank
Owned Life Insurance (BOLI) Policies. The policies are seen by many
as a way to fund employee benefit programs or deferred compensation
programs, counter tight interest margins and realize higher yields
than other investments. Banks with less than $10 billion have
increased their BOLI holdings by 31 percent since the end of 2009
and now hold nearly $26 billion, according to FDIC data, the article
says. The article covers the steps banks must take when buying the
policies, and outlines the risks as well as benefits.
Here's a link to the article (subscription may be required).
GBA Strategic Partner
is our endorsed provider of BOLI policies. If you'd like more
information, please contact EBS'
Jim Foyt at 877.242.9751.
Cybersecurity Resource Available
reported about how cybersecurity has been a priority issue in our
recent discussions with Georgia's U.S. Congressional delegation as
well as FDIC and OCC leadership. So, there's a new resource for
cybersecurity we want to be sure and share. The Federal Financial
Institutions Examination Council (FFIEC) has launched a Web page on
Web page is a central repository for current and future FFIEC-related
materials on cybersecurity. "The launch of this Web page coincides
with a pilot program at more than 500 community institutions, to be
conducted by state and federal regulators, which will be completed
during regularly scheduled examinations," the
news release says. "Information from the pilot effort will
assist regulators in assessing how community financial institutions
manage cybersecurity and their preparedness to mitigate increasing
GBA Members Host Blood Drives, Collect Important Supplies for
Students and Volunteer Time in their Communities
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
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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
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