May 12, 2017          

Gov. Deal Signs Priority Director and Officer Protection Bill

On Tuesday Gov. Nathan Deal signed into law H.B. 192 that provides critical liability protections for bank directors and officers by modernizing the state’s business judgment rule. We appreciate the Governor’s signature on the law, and also want to again thank Rep. Beth Beskin (R-Atlanta) for sponsoring the legislation and Sen. John Kennedy (R-Macon) for handling the bill in the Senate. The bill puts Georgia law on par with all other states in that the standard for liability of directors and officers in lawsuits about loan underwriting is gross negligence in both the decision-making process and the decision to underwrite the loan itself. This was one of two priority bills for GBA in the 2017 General Assembly session. Both passed and have been signed by the Governor. With questions, contact Joe Brannen, 404.420.2026, or Elizabeth Chandler, 404.420.2027.

Message Delivered in D.C. about Need for Regulatory Relief

GBA member bankers spoke with a unified voice this week during visits to regulators and Congressional staff members in Washington, D.C. The message was loud and clear – the time is right for relief from the avalanche of regulations put in place for banks after the 2009 recession and financial crisis. Our team of bankers had regulatory briefings with the OCC, CFPB, FDIC, Federal Reserve and FinCEN. We also met with key staff members of the House Ways and Means Committee, Sens. Johnny Isakson and David Perdue, and Reps. David Scott and Barry Loudermilk. And, we had legislative and economic briefings from the American Bankers Association staff. "There really seemed to be a different mood in our meetings this year,” said GBA Chairman Rick Drews, CEO, Century Bank of Georgia, Cartersville. “There was more obvious interest in our concerns about the impact and cost of the compliance burden, and a clear acknowledgement of the role of community banks in economic expansion. I think there’s as good a chance for meaningful adjustments of rules, regulations and legislation as we’ve seen in years.” With questions, contact Joe Brannen, 404.420.2026, Elizabeth Chandler, 404.420.2027, or David Oliver, 404.420,2036. Click here for more quick DC highlights...
GBA in DC
Whieldon

GBA Member Profile

Desire to Teach Led to Successful Career Responding to Bank/Customer Needs Says Whieldon

Although her desire to become a teacher at a young age didn’t unfold the way she imagined, Margaret Whieldon felt fortunate to learn that she possessed the skills and frame of mind to become very successful as a bank marketer. As she shares with us in this week’s GBA Member Profile, the current GBA Marketing Committee chair and SVP & Director of Marketing for BrandBank in Lawrenceville still enjoys the challenge of creatively meeting the constantly changing needs and demands of today’s bank customers. She also believes in the power of collaboration with her team at the bank and with the community of peers she sees at events like the upcoming GBA Marketing Peer group on May 24 in Atlanta. Learn a little more about that below and be sure to check out Whieldon’s complete profile this week to learn more about her…

May 24 Marketing Peer Group Details

Attention GBA member bank and Associate Member marketing officers, and any banker with marketing, IT or compliance responsibilities in these areas! You are invited for a day of in-depth, hands-on sessions at GBA's next Marketing Peer Group meeting May 24 at The Georgian Club in Atlanta. Here is a snapshot of the day:
  • Georgia's Vibrant FinTech Landscape with Glen Sarvady, managing principle at 154 Advisors
  • ADA Website Accessibility Update with Janine Kasper, strategic business partner manager, Q2
  • Peer-Exchange Roundtables
The registration price is just $125. Here’s a link to the full agenda and online registration form...

Georgia Bankers’ Input Needed on 2017 National Bank Survey

State bank supervisors in coordination with the Federal Reserve are planning the fifth-annual Community Banking in the 21st Century research and policy conference in St. Louis, MO. The goal of the conference is to provide a venue for and encourage research on community banking. The 2017 National Bank Survey conducted as part of preparation for this year’s conference is now available at https://sri.cornell.edu/CB21/2017/ and takes about 20 minutes to complete. The purpose of the survey is to give researchers and policy makers an opportunity to hear directly from community banks on a range of important topics. The Georgia Department of Banking & Finance strongly encourages Georgia bankers to participate in the survey and provide feedback on the many important issues facing Georgia banks. Learn more about the national bank survey here…

Last Call for Two Important Events!


The Information Security Officer (ISO) – May 16

Instructor: Tom Hinkel, Safe Systems, Alpharetta
Topics to be covered include understanding regulatory requirements and expectations as well as defining internal roles and responsibilities, including coordination with NetAdmin, reporting to the BOD, leading the IT Steering Committee and the ISO’s role in audits and examinations. Click here to register online. Please contact GBA's Katina Prokos, 404.420.2021 with questions.


Consumer Real Estate Lending for Small Banks – May 17

Instructor: Steve Moore, Bank Compliance Services, Avondale Estates
Primarily from the community banker’s perspective, this seminar will address the challenges faced by small banks that offer CRE loans in today’s regulatory environment, specifically in the context of new TILA, RESPA, Flood Insurance and HMDA regulatory rules. Click here to register. With questions, please contact GBA’s Katina Prokos, 404.420.2021.

CFPB Looks to Gather Small Business Lending Data

There are more than 27 million small businesses nationwide, and the CFPB this week announced a project to learn more about the financing needs of those businesses. The bureau says small businesses typically need access to credit to take advantage of growth opportunities, yet public information on this lending market is inconsistent and incomplete. The Request for Information asks for public feedback to help the bureau better understand how to bridge this information gap. Citing a Dodd-Frank mandate to collect information about small business lending to women-and minority owned businesses, the bureau wants to learn about the following things…

GBA Compensation and Benefits Survey Open

The GBA Compensation and Benefits Survey is open for participation. We’ve taken feedback from the GBA HR Committee and survey partner, Matthews, Young - Management Consulting, to improve the survey and report for members. New this year:
  • 52 new jobs added to the survey; 137 total bank jobs surveyed
  • New features to make submitting data easier
Deadlines are May 26 for details about benefit plans, salary increase trends and director information, and June 30 for details about general salaries and salary ranges for all positions. Our survey partner is again Matthews, Young - Management Consulting. With questions, contact David Oliver, 404.420.2036, or Randy McGraw at Matthews, Young - Management Consulting, 919.644.6962.

Leadership Conference Brochure Now Available

We have completed brochures for Leadership GBA’s annual Leadership Conference on July 17-20 at the Ponte Vedra Inn & Club in Ponte Vedra. You can access the brochure and register online here. “We have a great program with good, need-to-know information attendees can take back to their banks,” said Leadership GBA President Wade Johnson, vice president, Durden Banking Company, Twin City. “And you can’t beat the location.” GBA has reserved a block of rooms at the Ponte Vedra Inn at a reduced rate of $219 to $239 per night. Make your reservations by calling the hotel directly at 888.839.9145. Be sure to say you are with the GBA to receive this special rate. The cut-off date for reservations is Friday, June 9. After this date, all reservations will be subject to prevailing rate and space availability. Click here to sign up today…

Annual Meeting Breakout Session Spotlight

Mortgage Industry Update: Outlook, Challenges and Opportunities

The potential for higher interest rates, a growing purchase market, shifting demographic trends, and regulatory changes are just some of the dynamics affecting the mortgage loan market as lenders work to keep business coming in the door. At the GBA Annual Meeting in June, Jon Keagle, vice president, manager of Community Financial Institutions, Federal Home Loan Bank of Atlanta, will discuss these changes and their impact on today's mortgage industry, and well as the challenges and opportunities that these changes create for banks and other mortgage lenders. This is one of the several great breakout sessions at GBA’s 2017 Annual Meeting June 18-21 at The Broadmoor, Colorado Springs, CO. You can access the full brochure and register online at GBA website. With questions about the GBA Annual Meeting, please contact GBA’s Susie McGehee at 404.420.2010.

401(k) Education Sessions Beneficial to Trust Members

We were pleased with the great turnout of bank CEOs, CFOs and HR representatives who attended our 401(k) sessions in Macon and Atlanta last week. GBA Retirement Services (GBARS) provides free annual training seminars each year for HR representatives with retirement plans in the GBA Master Trust. In addition, members of each plan’s administrative committee are invited to attend the annual Fiduciary Training Webinar. This year, the on-site fiduciary training focused on participant outcomes in 401(k) plans and how to ensure participants can retire comfortably. Click here for quick highlights of last week’s GBARS events…

Online Class Summer Lineup

Facilitated online courses feature an online learning community with fellow students, instructor guidance and feedback. These courses have weekly assignments as well as midterm and final exams. Any employee of a GBA member company can participate at the member rate. Your bank does not have to be an ABA member. All you need is a computer, printer and Internet access. Please register two weeks in advance to secure a "seat." For more information, contact Alison Moreau, 404.420.2034. Click here for a list of all ABA offerings...

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 Deposit Operations, Small Business 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.

Discounts Available for DOR-Approved E-Titling Provided by DDI

Decision Dynamics, Inc. (DDI) is GBA's preferred provider of the Premier eTitleLien™ product, a leading web-based computer program that enables lienholders to exchange lien and title information with the Georgia Department of Revenue Motor Vehicle Division thus eliminating the need to obtain paper titles for vehicle and mobile home collateral management. When liens are released, a paper title is mailed to the owner (or designated name/address) by the appropriate titling agency. Premier eTitleLien™ provides a number of additional services, including: electronic request for a paper title, electronic generation of title application forms, Lien Alert Processing, VIN verification, and VIN valuation. DDI is now also offering volume discounts on pricing. For volumes over 10 titles per month, the per-unit price drops significantly. And now, there is no software to install, nothing to purchase and no support charges or training fees. For more information, please contact DDI's Todd Phillips at 803.808.0117.
Pelham Banking Company

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. Read all about the Community Connections our banks and members have below. 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, or if your company would like to sponsor this content, let us know. Here's our latest installment…
Hart
Smith
Clemmer
Kennybrew
Platt
Keadle

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.