Compensation and Benefits Survey Open with New Features
About the Benefits of Bank Owned Life Insurance (BOLI) Programs
Specialists, LLC (EBS)
to consider a
Contact EBS today to find out more about their BOLI programs...
GBA-Endorsed Vendor Risk Management Product Eliminates Stress
the market's first automated, turnkey
vendor risk management solution. This cost-effective online
service enables banks of any size to identify, measure, monitor and
manage third-party risk based on FFIEC
guidelines and design criteria established by leading financial
services institutions. The system eliminates the stress,
expense and complexity financial institutions face when meeting
Click here to learn more...
Protect Your Human
Capital and Your Bank with Employment Law Resources
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
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
Find a job, post a job
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BANKSTAT Management Reporting and Analysis
Retirement, Pension and
Georgia Financial Directory
Thumbprint Signature Program
Mike Dean Outlines Priorities
improving Georgia bank environment, a return to all local exam teams
and a specific list of risk focus areas were among the things
Mike Dean, FDIC's new Acting Atlanta Regional Director, talked
about with a large group of GBA members this week. "Events like
these are good for me and our staff," Dean said. "The first thing I
do afterward is review and relay what I hear from bankers to the
staff," Dean said.
Learn more about what Dean discussed in his
address and Q&A with GBA members...
Scoop from our D.C. Visits with Regulators and Congress
some time to digest and review our notes about what we heard from
the regulators and Georgia's Congressional delegation during our
annual member trip to Washington, D.C., last week.
Here are some of
Important Mortgage Legislation Being Heard
During GBA's Washington Legislative
Visit last week, the group discussed several important bills with
the Georgia congressional delegation that are pending before the
House Financial Services Committee. Among them were two bills we
understand are expected to be voted on by the committee when the
House returns from its Congressional recess next week. These two
bills are H.R. 2673 and H.R. 4521.
Find out more
about these two important pieces of banking legislation...
Issues Rules Proposals of Note for Banks
Georgia Department of Banking and Finance is seeking comments on a
variety of proposed rule adjustments that affect banks and other
institutions it supervises. Comments are due June 9.
The proposed rules are available here. There are several
proposals of interest to banks.
Jerry Blanchard of the
Bryan Cave law firm summarized them as follows for members...
Congratulations GBS and SOTS Graduates!
Georgia Banking School wrapped up May 9 at the University of
Georgia in Athens. There were 100 bankers in three classes
participating in this year's school. Julie Nicholson
(pictured below with GBA and Georgia Banking School officials), National Bank of Georgia, Gainesville,
was this year's Graduate of Distinction.
See the complete list of
Banking School graduates and some scenes from the week here...
From left: Ernie Swift, Joe Nemetz, Darron Burnette,
Graduate of Distinction
Julie Nicholson and Joe Brannen
For the third year,
the Southern Operations and Technology School (SOTS) was held
concurrently with the Georgia Banking School. Twenty bankers
completed the two-year program and were recognized in ceremonies
held at the conclusion of the school. Brittany Rye, Southwest
Georgia Bank, Moultrie
(pictured at right with SOTS director, Sandy Robinson), was named the 2014 SOTS Graduate of
See the complete list of SOTS graduates and some
scenes from the week here...
Elections Next Tuesday
Although there have
been plenty of campaign ads around to make sure you're aware, GBA
also wants to remind Georgia bankers that Georgia's primary election
date is Tuesday, May 20. There are a number of contested seats
at all levels of government on the ballot. With questions about
elections in your area, see the Georgia Secretary of State Brian
My Voter Page
or contact GBA's
Tax Issues Getting Attention
One of the
issues GBA members talked a lot about in our meetings with
regulators in Washington, D.C., was the Basel III capital
conservation buffer's effects on the 62 Georgia banks that are
Subchapter S institutions for tax purposes. Members brought it up in
every meeting. The key point mentioned was that it's simply unfair
to treat Sub S banks differently than C Corp banks. In a nutshell,
if a Sub S bank falls below a certain capital level, Basel III will
require regulators to first give approval before dividends can be
made to shareholders to pay their taxes. There's no certainty that
such approvals are forthcoming unless the proposed rules are
Learn more about what GBA is doing to help Sub S banks'
voices be heard...
Bitcoin Company gets Big Brit Investor
billionaire Richard Branson has invested $30 million in
Atlanta-based Bitpay, a processor of the Bitcoin cryptocurrency.
Bitpay processes $1 million a day worth of Bitcoin transactions.
"BitPay has proven itself to process bitcoin safely and reliably,
growing the market and increasing adoption, which continues to build
trust, legitimacy and momentum in this exciting currency
revolution," Branson said, according to a Business Insider
report. The investment is an example of how Bitpay and many other
Georgia-based payment companies continue to grow and cement the
state's position as an international home for payment processing.
Read more here...
on Data Breach Impacts
a few minutes to complete a short 10-question survey from the ABA
about the effects on your bank of the Target data breach as well as
your bank's experience with reimbursements for breaches during the
past five years. One
estimate says banks and credit unions reissued 21.8 million
cards at a cost of $200 million. GBA and ABA will use the
information in our public discussions about data protection and in
forming policy approaches to the issue. The more banks that
participate in the survey, the better armed we will be in fighting
for your interests in the debate over payment system security.
Access more information and a link to the Target data breach
Session on Tap at Annual Meeting
If you're a Director, living with
regulators, management and each other is not always easy. Join Walt Moeling and
Jim McAlpin with Bryan Cave, LLP, Atlanta as they help
you translate real world experiences into practice guidance and
advice for structuring solutions to everyday problems for directors
and management as well. It's one of many great breakout sessions
coming up at GBA's
Annual Meeting June 15-18 at
The Greenbrier in White Sulphur Springs, WV.
here to register. With questions about the Annual Meeting,
please contact GBA's
Susie McGehee at 404.420.2010.
Escrow To Be Discussed at Leadership Conference
ARMs vs. Escrow: Which is Best for
You? Don't miss this session at GBA's annual Leadership Conference.
James Moore with Steve Powell & Company,
Statesboro, will make a compelling argument
for implementing adjustable rate mortgages in light of the new
ability to repay (ATR) requirements and qualified mortgage (QM)
More details about the upcoming Leadership Conference...
National Community Commitment Award Competition
can apply now to be recognized nationally for its community
The 2014 ABA Community Commitment Awards are
open to banks of all sizes and charter, and banks can enter in one
or all of seven categories...
Mortgage Conference is Sept. 8-10
bankers may want to attend the annual American Mortgage Conference
Sept. 8-10 in Raleigh, NC. The conference features national leaders
in the mortgage industry, including representatives from the major
GSE housing agencies, regulators, academic institutions and trade
Get details and see the agenda here...
Powerful Women in Banking Nominations Sought
Nominations are being sought for the
annual 25 Most Powerful Women in Banking list. The
ranking, selected by the editors of
magazine, highlights the professional achievements of the industry's
leading women and spotlights institutions that promote gender
diversity in leadership. Banks of all sizes are invited to
nominate one or more women with senior status within their
organizations. The deadline for nominations is
results are to be published in October.
GBA Members Support Local Schools, Work with Habitat for
Humanity and Challenge Students to Serve
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.
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.
Marketing Peer Group
2014 Annual Meeting
June 15 -18
White Sulphur Springs, WV
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