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
Please Take a Moment to Read this Important Information from GBA
Strategic Partner Deluxe
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
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
Your Talent Wisely, Build Bench Strength and Recruit the Best
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
at 404.965.5225 with questions.
Find a job, post a job
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BANKSTAT Management Reporting and Analysis
Retirement, Pension and
Georgia Financial Directory
Thumbprint Signature Program
Primary Results Closely Watched by Bankers
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
Community Bankers Committee Looking Forward
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...
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...
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,
Elizabeth Chandler at 404.420.2027.
Patent Reform Bill Off the Table
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...
Crowd Coming to GBA Annual Meeting
a huge crowd of GBA members from across Georgia attending, sold-out exhibit space and a
sold-out block of discounted rooms at
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
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.
Crop Outlook, Farm Bill Overview Highlight Rural Lending and
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
Things Digital Discussed at Marketing Peer Group
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...
about CSBS Survey
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
Carol Webb at the DBF.
Calendar: Compliance Peer Group Meeting June 24
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
for planning the program. Sandra Chastain, Private Bank of
Buckhead, Atlanta, is the committee chair.
Click here to learn more and to
Related: GBA has an
endorsed vendor management product to help you with compliance.
the market's first automated, turnkey vendor risk
Reporting Seminar June 24
GBA will host it's 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
OCC, FHLB Atlanta Hosting CRA Forum in Augusta July 8
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.
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
Bankers Promote Wellness, Give Career Day Support and Volunteer for
Food Bank Activities
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.
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