Georgia Bankers Association - The Resource that Empowers

May 23, 2014


Why Does Your Bank Need GBA's Guide
to Bank Record Retention?


Compensation and Benefits Survey Deadline is May 30. Participate now to get a huge discount on your results report.


Please Take a Moment to Read this Important Information from GBA Strategic Partner Deluxe

Banks that have taken a competitive look at their check program over the past few years have realized big savings off their current check program costs. If your check program contract ends this year or if it has been a while since you've had a thorough review of your program, we ask that you consider talking with Kevin Jefferson of Deluxe, our endorsed provider of check programs. Through our partnership with Deluxe, the GBA is able to offer an exceptional program for your bank. The relationship between Deluxe and the GBA means that we work closely with them to ensure they provide your bank with excellent service and the program delivers...


Manage Your Talent Wisely, Build Bench Strength and Recruit the Best

With a powerful Talent Search in addition to Talent Review and Bench Strength Analysis functionality, TQ Succession offers a comprehensive succession planning solution. Click here for an overview of the module to learn more. TalentQuest's programs were developed to provide GBA-member banks with selection, measurement and development standards for key positions within a community bank. Using TalentQuest's web-based talent management system, members can use the TQ for Financial Services proprietary content covering job descriptions, selection profiles, performance appraisal criteria, and links to specific GBA University offerings to automate and calibrate key human resources processes. Contact TQ's Dallas Nevins at 404.965.5225 with questions.


Job Bank
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BANKSTAT Management Reporting and Analysis Reports

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Georgia Financial Directory

Thumbprint Signature Program

Pledging Pool


Election Primary Results Closely Watched by Bankers

Georgia voters had their say Tuesday and set the stage for runoff elections in July leading up to the General Election in November. The most vote-getters in each of the primaries were the gubernatorial candidates, however almost twice as many Republican votes were cast as were Democrat votes. House Speaker David Ralston (R-Blue Ridge) handily defeated a Tea Party candidate and House Banks and Banking Committee Chairman Greg Morris (R-Vidalia) also beat back a challenger. House Banks and Banking Committee members Geoff Duncan (R-Cumming) successfully defended his seat while Willie Talton (R-Warner Robins) was defeated in the primary. In the Senate, voters turned out the dean of the Senate, Steve Thompson (D-Marietta) and former Rules Committee Chairman Don Balfour (R-Snellville). Former Senate Banks and Banking Committee Chairman Jack Murphy (R-Cumming) is in a runoff. Click here for information about lots of other important races and some interesting stats about the primary election...


Community Bankers Committee Looking Forward

The GBA Community Bankers Committee met this week to discuss trends in their markets as well as to begin planning the GBA President / CEO Conference. Common themes from members at the meeting were a generally improved economy and a strong focus on strategies for dealing with growth and operational challenges as opposed to asset quality issues that were more common in the downturn. Many of the bankers cited aggressive loan pricing and terms as items of concern, and many are focused squarely on managing risks associated with cybersecurity, interest rates, vendor management and internal controls based on recent comments from regulators and examiners. More about the Community Bankers Committee and the upcoming President / CEO Conference...


Georgia Supreme Court Hears Oral Arguments on Business Judgment Rule

In the second time in as many months, the Supreme Court of Georgia heard oral arguments on a case filed by FDIC against directors and officers of a closed bank challenging the gross negligence standards of Georgia's Business Judgment Rule. On the docket Monday of this week was Federal Deposit Ins. Corp v. Skow et al. Attorneys for both sides argued vigorously for and against the standard of care. FDIC's position is that an ordinary negligence standard should apply. Attorneys for the bank officer and director defendants argued that a gross negligence standard should apply. More about the Business Judgment Ruling and access to a video archive of oral arguments here...


QM and Servicing Bills Get OK from House Committee

The U.S. House Financial Services Committee Thursday approved two 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. H.R. 2673, championed by Rep. Andy Barr (R-Ky.), would deem all loans held in portfolio for the life of the loan as Qualified Mortgages. H.R. 4521, introduced by Rep. Blaine Luetkemeyer (R-Mo.), would exempt lenders with less than $10 billion in assets from the Dodd-Frank Act's escrow requirements and servicers handling fewer than 20,000 loans from the servicing rule. Georgia Rep. Lynn Westmoreland told us he would support the bills but was called away because of duties associated with the committee investigating the Benghazi embassy attack. We were disappointed that Rep. David Scott, Georgia's other member of the committee, voted against both bills. With questions, contact GBA's Elizabeth Chandler at 404.420.2027.


National Patent Reform Bill Off the Table

We're closely monitoring national efforts to make important reforms to the U.S. patent system to protect banks and all businesses from threats of litigation by patent trolls. This week, Senate Judiciary Chairman Patrick Leahy (D-Vt.) pulled a bill (S. 1720) from consideration that would have provided relief from vaguely worded "demand letters" threatening lawsuits unless licensing fees are paid for patents asserted on ATMs and other common technologies banks use on a daily basis. More about Federal attention to patent reform and what has been done to address the issue in Georgia...


Blockbuster Crowd Coming to GBA Annual Meeting

With a huge crowd of GBA members from across Georgia attending, sold-out exhibit space and a sold-out block of discounted rooms at The Greenbrier, GBA's 2014 Annual Meeting is obviously a can't-miss event. You've still got time to sign up and experience the outstanding program, too. A few rooms outside our block are still available at The Greenbrier, so make your reservations now by calling the hotel directly at 855.453.4858. With questions about the meeting, please contact GBA's Susie McGehee at 404.420.2010.


Leadership Conference Brochures Mailed

Brochures announcing Leadership GBA's Annual Leadership Conference July 20-23 at the Ponte Vedra Inn & Club in Ponte Vedra, FL, were mailed last week. "We have a great program planned that's packed with information you can take back to your bank and it's all at one of Leadership GBA's favorite locations," said Leadership GBA President Walker Jordan, Senior Vice President, Bank of Monticello. GBA has reserved a block of rooms at the Ponte Vedra Inn at a reduced rate of $219 to $235 per night. Reservations may be made by calling the hotel directly at 888.839.9145. Be sure to say you are with GBA to receive this special rate. The cut-off date for reservations is June 17. With questions about the conference or Leadership GBA in general, please contact GBA's Susie McGehee at 404.420.2010.


Detailed Crop Outlook, Farm Bill Overview Highlight Rural Lending and Development Conference

A record number of GBA member bankers attended this year's GBA Rural Development and Lending Conference in Savannah last week. Among the sessions, participants were treated to a thorough look at changes and enhancements affecting agribusiness banking through the Farm Bill signed into law earlier this year. They also got a comprehensive overview of the outlook for commodities and the overall agribusiness economy. More news from the recent Rural Development and Lending Conference including a list of our great sponsors...


All Things Digital Discussed at Marketing Peer Group

The rapidly changing and evolving nature of marketing in the digital age was the focus of GBA's Marketing Peer Group meeting this week in Marietta. Participants spent the morning session with a deep dive into how consumers are using their mobile devices and how bank marketers can use technology to reach those consumers. Participants also learned more about the GBA Financial Literacy program, and were asked to help report their bank's activities in the community to GBA so we can share the good news as part of our advocacy efforts. Thanks to Marketing Committee Chair Renee White and First Landmark Bank, Marietta, for hosting our meeting. Click here for more Marketing Peer Group highlights and a few scenes from the program...


Reminder about CSBS Survey

We encourage GBA members to participate in a national survey of community banks supported by the Georgia Department of Banking and Finance in partnership with the Conference of State Bank Supervisors (CSBS). This year's survey specifically asks for data about mortgage lending, technology and compliance issues. The CSBS will use the information for its 2nd-Annual Community Bank Research Conference. The Georgia DBF sent an email to state-chartered banks in April about the survey. Here's a link to the survey directly: 2014 Community Banking in the 21st Century Survey. With questions, email Carol Webb at the DBF.


Mark Your Calendar: Compliance Peer Group Meeting June 24

Risk Assessment and Third Party Vendor Management

The next GBA Compliance Peer Group Meeting is June 24 at Idle Hour Country Club in Macon from 9:30 a.m. to 2:30 p.m. Kevin Toomey with Kilpatrick Townsend & Stockton LLP, will cover overall risk assessment for the Compliance Management Program and Third-Party Vendor Management. Thanks to GBA's Compliance Committee for planning the program. Sandra Chastain, Private Bank of Buckhead, Atlanta, is the committee chair. Click here to learn more and to register or contact Alison Moreau, 404.420.2034.


Related: GBA has an endorsed vendor management product to help you with compliance. Check out VendorPoint® by Fortrex Technologies, the market's first automated, turnkey vendor risk management solution.


Call Reporting Seminar June 24

GBA will host it's annual Call Reporting 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 Danielle Driggers at 404.420.2002.


FDIC, OCC, FHLB Atlanta Hosting CRA Forum in Augusta July 8

CRA Officers, compliance managers, bank management and other bank personnel, non-profits, and other community-based organizations are invited to a free CRA forum July 8 in Augusta from 9 a.m. to 2 p.m. The FDIC, OCC and Federal Home Loan Bank of Atlanta are co-hosting the event titled Successful Community Development through Strategic Partnerships. There's no charge for the program, and lunch is included. Here's a link to a flier about the program. Email Elaine Hunter, FDIC, for more information.


Related: A good CRA investment opportunity to consider is with the Senior Housing Crime Prevention Foundation, a GBA Strategic Partner. The Foundation enables banks to earn Community Reinvestment Act credit through the sponsorship of the Senior Crimestoppers program in low and moderate income senior housing facilities in each bank's CRA assessment area. Learn more here…


Key GBA Event Reminders

Annual Meeting

June 15 - 18

Click here to register


Leadership Conference

July 20 - 22

Click here to register

Compliance Conference

Sept. 24 - 26

Click here to register

President/CEO Conference

Oct. 12 - 14

Click here to register

Bank Counsel Conference

Oct. 12 - 14

Click here to register

Bank Accountant Conference

Oct. 12 - 14

Click here to register

GBA Community Connections

Bankers Promote Wellness, Give Career Day Support and Volunteer for Food Bank Activities

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.



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.



2014 Annual Meeting
June 15 -18
White Sulphur Springs, WV

Leadership Conference
July 20-23
Ponte Vedra, FL

Compliance Conference
Sept. 24 - 26

President/CEO Conference
Oct. 12 - 14

Bank Counsel Conference
Oct. 12 - 14

Bank Accountant Conference
Oct. 12 - 14


AIB Courses

Compliance Calendar

Lending Calendar

Ops/Tech Calendar

HR Calendar

Asset/Liability Calendar

Management Calendar

Security Calendar

Full GBA-U Calendar





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