November 4, 2016     

Lessons from FDIC v. Loudermilk Suit

This week the GBA Board of Directors and Bank Counsel Board got a briefing about lessons learned during the FDIC v. Loudermilk et al., director liability jury trial that wrapped up last week. The jury found in favor of the directors on six of 10 loans for which they were asked to determine whether the directors were liable for losses. Robert Long with the Alston & Bird law firm, which represented the directors of the closed Buckhead Community Bank, led the briefing call. Long shared a review of the trial and insights that can be helpful to other banks down the road. Some of the takeaways were...
Brown

GBA Member Profile

How an Early Lesson in Problem Solving Helped Martha Brown

Martha Brown’s first bank boss had a unique way of developing his staff and encouraging them to think for themselves. “The first bank president I went to work for told me he was not there to solve my problems. If I came to him with a problem, I was expected to have three solutions,” says Brown, a 33-year banking veteran who is EVP, CFO and COO of Independence Bank of Georgia in Braselton. “If the president didn’t like the solutions, he shared what he would do, which was a great way to learn and look at things from a different perspective.” Brown is chair of GBA’s Asset/Liability committee, which is sponsor of the upcoming GBA Financial Risk Management Conference. Learn more about Brown in this week’s GBA member profile here…

Financial Risk Management Conference – Nov. 16-17

Top Five Reasons to Attend the Financial Risk Management Conference

We know your time is valuable and calendars are tight, so here are five reasons coming to the GBA Financial Risk Management Conference is a good investment of your time...

Share Your #GABankersVote Moment Tuesday

We encourage all Georgia bankers to vote Tuesday and we hope you’ll share your moment with us and others. Post a selfie or group photo with your colleagues featuring your Georgia voter stickers and use the #GABankersVote hashtag on social media (remember, no ballot selfies, though). We’ll spread the word, too. Let’s all show our fellow Georgians just how important our democracy and hometowns are to Georgia’s community of banking professionals. And, there’s still time to participate in our Georgia Bankers Democracy Days public awareness campaign. We’ll send you ready-to-use, customizable materials to share with your local news outlets, customers and employees. Sign up here… Let us know some of what you’re doing to encourage staff and customers to vote and we’ll be sure to share, also. With questions, contact David Oliver, 404.420.2036, or Bo Brannen, 404.420.2014.

NCUA Continues Expansion Push

Late last week the National Credit Union Administration (NCUA) finalized a rule allowing Federal Credit Unions (FCUs) to serve entire geographic regions considered “rural districts” of up to 1 million people and areas contiguous to their existing service areas. The rural districts include the entirety of Alaska, North Dakota, South Dakota, Vermont and Wyoming. NCUA also proposed a new rule that would boost the population limit for areas served by community charter FCUs from 2.5 million to 10 million. “We continue to be perplexed by and disappointed in how NCUA and its board members can, with a straight face, claim entire states and regions as ‘well-defined’ and ‘local’ as Congress mandated in authorizing credit union membership,” said GBA Chairman Rick Drews, CEO, Century Bank of Georgia, Cartersville. Please join us in sharing your opposition to credit union expansion and tax exemptions by making use of the grassroots advocacy tools available here to all banks. With questions, contact Joe Brannen, 404.420.2026, or Elizabeth Chandler, 404.420.2027.

Marketing Peer Group – Nov. 15

Get the Scoop on Digital Marketing, Data Breach Responses

Anyone with marketing responsibilities should consider attending GBA’s next Marketing Peer Group meeting Nov. 15 at Idle Hour Country Club in Macon. In addition to an informative roundtable discussion, the meeting will include timely sessions on today’s most effective digital marketing strategies from a team of Cox Media specialists and how to prepare a crisis communication plan before a data breach to maintain customer confidence from Sharon Cook, chief marketing officer at the Federal Home Loan Bank of Atlanta. Click here to see the complete agenda and register online today. Please contact GBA’s Alison Moreau at 404.420.2034 with questions.

Loan Documentation Seminar – Nov. 16

Are your bank’s loan structuring and documentation techniques optimized to prevent unnecessary loan losses? Find out by attending GBA’s next Loan Documentation seminar Nov. 16 at Idle Hour Country Club in Macon. Mike Allen of State Bank and Trust will cover identifying the borrower and collateral, evidencing the debt, attaching and perfecting the collateral, real estate specifics, residential construction lending, and guarantees. Register by Nov. 8 for the early-bird price of $225 per person. Click here to register online. Please contact GBA's Katina Prokos at 404.420.2021 with questions.

2016 BankPAC Campaign Update

As the BankPAC Campaign inches past the StatePAC and FedPAC goals, don’t let that keep you from being a part of this important statewide effort among all in the banking industry. Thanks to the officers, directors and eligible employees of Planters First Bank, Hawkinsville, Heath Fountain, president & CEO for contributing to the GBA Fed PAC this week and to Guardian Bank, Valdosta, Parrish Clark, CEO and Ray Chitty, president, for contributing to the StatePAC this week. With questions, please contact Elizabeth Chandler at 404.420.2027.

Georgia the Gold Standard for Business

Our state is on a hot streak for being named the No. 1 state in the nation in which to do business. Gov. Deal announced this week that Georgia is atop Site Selection magazine’s state rankings for the fourth consecutive year. More about the announcement here...

Banks Tops for Consumer Trust in Payment Safety

Consumers have the most trust in banks most to keep payments safe, and it’s not even a close race. According to a recent ABA survey, 82 percent of customers say they trust banks most when it comes to payment security. Alternative payment providers such as Apple, PayPal or Venmo rate a distant second with only 11 percent saying alternative channels are the most trusted providers. One in five consumers has used a mobile app to make a payment, with the most popular method being PayPal. Read more here...

Crime and Punishment

Serial Bank Robber Nabbed, Charged

The bank robber known by the FBI as the Cobb County Bandit was arrested recently and arraigned Oct. 25. Kevin Ray Williamson faces federal armed bank robbery charges relating to a series of six bank robberies that began Feb. 4 and continued until Sept. 8. “Williamson is alleged to have committed a series of armed bank robberies that kept bank employees and citizens on edge for over eight months,” said U. S. Attorney John Horn. “The arrest and indictment in this case put an end to an active, eight-month crime spree, and hopefully returned a sense of safety to the community in Marietta, where most of the robberies occurred.” Get more details here...

GBA Members Participate in 14th annual Get Smart about Credit Day

The Get Smart About Credit program--sponsored by the ABA Community Engagement Foundation--is a national campaign of volunteer bankers who work with young people to raise awareness about the importance of using credit wisely. Get Smart About Credit Day is an annual event held each October where bankers visit local classrooms to share with students the "credit facts of life." The 14th annual event was held Oct. 20, and we were thrilled to see a number of GBA members highlighting their participation on social media. Bankers are encouraged to host events anytime in 2016. Learn more about Get Smart about Credit here and see a list of participating Georgia Banks…
Durden Banking Co.
Durden Banking Co.
Prime South Bank

GBA Security Committee Meets to Plan April Conference

The GBA Security Committee met last week in Macon to discuss pressing security issues and to begin planning the 2017 Bank Security Conference. The committee is led by chair Ricky Robertson, corporate security officer at Atlantic Capital Bank and vice chair Brian Frederick, VP/security officer/branch manager of Altamaha Bank & Trust in Vidalia. The group held a moment of silence in memory of longtime GBA Security Committee member and friend Steve Cross, who passed away unexpectedly last summer. A number of issues surfaced repeatedly and will be featured in the 2017 conference, such as...
Fountain

Fountain to Lead Bank Performance Webinar with Strategic Partner Deluxe

Nov. 20

In a 2015 CFO Research Survey, nearly eight in 10 CFO’s said that their companies’ very success depended on having instantaneous access to a “single version of the truth.” But, when data is coming at you from multiple systems, divisions and regions, it can be hard to determine what exactly that truth is. On Nov. 20 at 2 p.m., GBA director Heath Fountain, CEO at Planters First Bank, Cordele will discuss how implementing a performance management culture will not only give you a more accurate, forward-looking view of your business, but also help you outperform the competition. During this free webinar, Fountain and Amiee Ball of Deluxe, will share ideas on how you can...

Senior Lending Officer Roundtables Wrap-up

All four GBA Senior Lending Officer Roundtables met last week in Macon and Atlanta. This starts up our forth year of the roundtables. Paul Sims, president of community bank consulting firm Guided Solutions, facilitates the roundtables. Topics covered CECL, lender compensation, and how to handle millennial lenders to name a few. If you are a Senior Lender and would like to join one of the roundtables, click here for more information or contact Alison Moreau, 404.420.2034.

Credit Conference – Dec. 15-16

Compliance Hot Topics: What You Need to Know and Why

While not a traditional “credit” topic, compliance reaches across every business line in your bank. And as a credit professional who isn’t in the compliance weeds every day, wouldn’t it be great if someone could tell you what you need to know right now? The GBA Credit Conference, Dec. 15-16 in Atlanta, will offer a panel discussion which will do just that. Moderator Thomas Williams, Senior Compliance Manager at United Bank, will facilitate the conversation among panelists such as…
Quinlan

Tim Quinlan to Give Economic Update at Legislative/Economic Forum – Jan.11

Join economist Tim Quinlan, Wells Fargo, Charlotte, NC, as he provides an update of the current national and state economic environment at GBA’s Legislative and Economic Forum on Wednesday afternoon, Jan. 11 at the Atlanta Marriott Marquis. GBA’s annual Legislative Reception will be held later that evening. To register, click here. With questions, please call GBA’s Susie McGehee at 404.420.2010.

New Online Mortgage Lending Courses

Increase your bank's market share by making sure your lenders and supporting staff know the basics of the mortgage lending business and how it works, including legal issues and banking regulations.
Fundamentals of Mortgage Lending
Explore key elements in the mortgage lending industry. Course topics include the major mortgage financing programs and guidelines, construction lending and land development financing, the impact of regulations on the mortgage process; property appraisals review and types of mortgage fraud.
The Mortgage Lending Business
An overview of the mortgage lending business, including mortgage banker, broker, and lender business models; the role of government and agencies like Federal Housing Administration and the Veteran's Administration programs; other key players like Fannie Mae and Freddie Mac; important real estate laws; and the basics of real estate investing.

Also Available...

ABA Residential Mortgage Lender Certificate
This industry-recognized credential provides a solid understanding of banking, credit analysis, and legal principles that support the mortgage process. The certificate underscores relationship sales skills in addition to the mechanics of a mortgage loan, thereby preparing loan officers to be successful in growing their book of business.

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.

The GBA Job Bank Gets Results

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.

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. 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. Here's our latest installment...
Colony Bank
Heritage Bank
Liberty First Bank
Wilson
Ouimet
Forrester

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.