October 13, 2017      

GBA 125 Facts
What's in a Name
Like parents choosing the perfect name for their offspring, bankers work hard to name their banks. Some banks choose to use a city, county, region or the state in their name. Others name the family behind the bank. And others choose a catchy name that grabs attention. We did a quick review of the FDIC database that tracks details about financial institutions. We looked at bank names 25 years ago and compared them to the bank names today. Here's a quick snapshot of what we learned about the most common names among Georgia banks then and now...

Allen teaching at
GBA's Credit Conference

Allen Named Top Faculty Member at GSB/LSU
Longtime Graduate School of Banking at LSU faculty member Mike Allen has been recognized as the recipient of the T. Eugene Spragens outstanding faculty award. The School's Board of Trustees gives the award annually to a faculty member who has distinguished classroom performance as indicated by comprehensive student evaluations. Allen teaches the senior course in Troubled Asset Resolution and he brings years of experience and knowledge in the area of loan management to the classroom. His course is among the highest rated courses taught at the school. "I am humbled to be this year's recipient It is a gratifying and rewarding experience to be a part of the school as I have built some special relationships with some really fine people who are dedicated to the continued success of our industry," said Allen. Serving on the GSB Board of Trustees from Georgia are Brad Barber, President & CEO, First National Bank of Decatur County, Bainbridge and GBA president and CEO Joe Brannen. Also a longtime instructor at the Georgia Banking School and frequent seminar leader for the association, Allen is Executive Vice President and Senior Credit Officer at State Bank & Trust Company.

Joe Brannen and John Bramblett

Cumming Rotarians Get Banking Update
Forsyth County is the seventh-largest county for deposits in Georgia, so residents there are naturally interested in the state of banking in one way or another. GBA President and CEO Joe Brannen gave an update on the industry to the South Forsyth Rotary Club in Cumming Wednesday. He was the guest of club president John Bramblett, Quantum National Bank, Suwanee. Brannen focused on the good performance of the state's banks, shared an update on data and information security efforts by banks, explained how consumers can use bank-provided tools to help protect their data, and saluted the 60,000 men and women in our state who are bankers for their commitment to serving businesses and families in Georgia. More highlights from our Rotary visit here...

Loudermilk

Hensarling/Loudermilk Press for Regulatory Relief
Our thanks to Georgia Rep. Barry Loudermilk (R-GA-11) for including us in a breakfast he hosted recently with House Financial Services Committee Chairman Jeb Hensarling (R-TX-5). Chairman Hensarling successfully got a mammoth piece of regulatory relief legislation, called the CHOICE Act, through the House and it is pending in the Senate Banking Committee. While financial services legislation ought not to be partisan, no Democrats voted for his bill. Industry observers tell us the Senate is more likely to consider a much narrower bill. Committee chairman Sen. Mike Crapo (R-ID) and ranking member Sen. Sherrod Brown (D-OH) are reportedly in talks on a bill that could pass the committee. We've joined our colleagues across the country in signing a letter encouraging action sooner rather than later. More here...

Banks Most Trusted for Safeguarding Payment
Most consumers trust banks the most when it comes to keeping their payments safe from hackers and identity thieves. Six out of 10 surveyed trust banks most, well ahead of other payment providers, according to a recent ABA/Morning Consult poll. Alternative providers such as Apple or Venmo garnered only 12 percent as most trusted, and retailers such as Walmart or Macy's had only 4 percent of respondents say they were trusted. Banks were the most trusted payment provider among all age groups, as well. See more survey results here…

401(k) Testing Relief through Safe Harbor Design- Time to Decide Now!
Is 401(k) testing limiting what your bank officers can contribute to your 401(k) Plan? Plans that guarantee a 100% match up to 4% of compensation or a 3% non-elective contribution (similar to a profit sharing contribution) can be exempt from ADP/ACP discrimination testing and even exempt from top-heavy testing depending on different factors. Employees must become immediately 100% vested in all safe harbor contributions. In addition, there is another safe harbor design that ends up with a 3.5% maximum annual match for participants, but has automatic enrollment features built in. The Master 401(k) Plan offered under GBA Retirement Services, Inc. is already set up to accommodate traditional and automatic enrollment safe harbor plans. Anyone electing safe harbor options for 2018 must decide by early November in order to allow time for the required amendments and participant notices. Now is a great time to make final decisions about your plan design for 2018. More about GBARS here...

Reminder
Update Your MyGBA Member Profile

Please take advantage of the MyGBA feature on our website. MyGBA is a quick and easy way for you to see your membership profile with us and keep up with how you interact with your association in a variety of ways. And, it helps us get the most appropriate information to you about key advocacy, education and member services opportunities. In particular, please make sure your contact info is correct and check the boxes about your particular primary role and interests. You can access MyGBA in the Member Center drop down navigation menu that runs across the top portion of www.gabankers.com. If you are unsure of your login credentials, your username is the current email we have on file for you. You can use that to access the "Forgot my password" feature and re-set your credentials. Here's a rundown of all the information you have at your fingertips...

Georgia Community Banking Snapshot Published by FED/CSBS
Results from the 2017 Community Banking in the 21st Century National Survey of Community Banks have been released. The report includes a snapshot of conditions for Georgia community banks based on responses from Georgia bankers about five topics: Local Market Conditions, Regulation and Supervision, Small Business Lending, Management Structure and Succession Planning, and Technology. Answers and overall views varied by different parts of the state. The survey was released in conjunction with the Fifth Annual Community Banking Research and Policy Conference, as co-sponsored by CSBS and the Federal Reserve System. Here's a link to the results. The Georgia snapshot is on Page 42...

Last Call! New HMDA Workshop - Oct. 17
You can still register to get the details of new HMDA data collection and reporting rules ahead of the Jan.1 deadline at GBA's HMDA Workshop Oct. 17 at Idle Hour Country Club in Macon. With the types of covered loans being expanded significantly and a high volume of new "data points" to be collected, Steve Moore of Bank Compliance Services, Avondale Estates, will address the following topics in detail during this full-day program...

Last Call! The Information Security Officer (ISO) Seminar - Oct. 19
There is still time for current and prospective information security officers, network administrators and compliance officers to register for GBA's The Information Security Officer seminar on Oct. 19 at The Brickyard Golf Club in Macon. Tom Hinkel of Safe Systems, Alpharetta, will address regulatory requirements and expectations as well as internal roles and responsibilities, including reporting to the board of directors, coordinating with network administrators, leading the IT Steering Committee and interfacing with auditors and examiners. Participants will receive helpful checklists and whitepapers as well as Certificates of Completion. Registration is $250 per person. Click here to register online. Please contact GBA's Katina Prokos, 404.420.2021 with questions.

2017 BankPAC Campaign Update
Thanks to the eligible employees, directors and CEOs of the following banks for making a contribution to the GBA BankPAC this week…

Make Sure Your Professional Development Budget Adds Up to Success in 2018
With budget season upon us, we want to make sure that you are aware of the niche conferences we have coming up over the next number of months. Plan on early registration fees being approximately $350 per person per conference (add $50 for regular pricing), plus hotel if necessary. If you need hotel room prices for your budget, please contact GBA's Kathy Friestad, 404.420.2024. Pull up this handy chart and mark away...

Suosso

GBA Marketing Peer Group - Oct. 24
GBA member bank and Associate Member marketing officers and any banker with marketing responsibilities will not want to miss the next Marketing Peer Group Meeting Oct. 24 at Idle Hour Country Club in Macon. Thanks to GBA's Marketing Committee for planning a program with timely sessions on the tools and strategies that will keep your bank relevant in today's environment. Kicking off the meeting will be Al Suosso, solutions specialist with Jack Henry & Associates, discussing customer relationship management (CRM) sales and service planning tools. Roundtable discussions will begin after lunch. Topics include available resources, sharing experiences and hot topics. Registration is $125 per person. Click here to register online. With questions, please contact GBA's Alison Moreau at 404.420.2034.

Evans

Southeast Georgia Community Bank Symposium - Nov. 1
Market and Regulatory Trends in Commercial Real Estate

As commercial real estate sectors exhibit record high valuations, concerns abound regarding lending concentrations, prudent underwriting and the effects of a low-growth economy constrained by financial and political factors. Join Cal Evans, Market Intelligence Manager, Synovus Bank, Columbus, for a discussion of sector and capital market trends that illustrate which fears are warranted, where sector opportunities can be found and how to align lending strategy with regulatory guidance at the annual Southeast Georgia Community Bank Symposium Nov. 1 at the Nessmith-Lane Center, Georgia Southern University, in Statesboro. Click here to find out more...

Balance Sheet Management Panel Scheduled for Financial Risk Management Conference
"I believe our current environment exudes uncertainty for community bankers regarding the trajectory of interest rates, balance sheet composition, and the regulatory landscape," says Rachel Woods of SunTrust Robinson Humphrey. At the GBA Financial Risk Management Conference, Woods will moderate a panel of seasoned bankers and respected industry service providers who will explore opportunities to optimize balance sheets and achieve key objectives in the current environment. Don't miss this opportunity to hear from these pros and to be in on the conversation. Panelists will include...

Webinar Spotlight
What Makes an e-Signature Legal? - Nov. 16
Have you ever considered the questions that need to be asked before selecting the right e-signature vendor for your bank? On Nov. 16 at 2:30 p.m., GBA's What Makes an e-Signature Legal? webinar will answer those questions in addition to: what makes it legal; the differences between electronic and digital signatures; and tips on the due diligence process when selecting a vendor. Attorney Scott Sargent of Baker, Donelson, Bearman, Caldwell, & Berkowitz, PC in Birmingham, AL and Brian Felker, VP of Sales, SIGNiX in Chattanooga, TN will cover the following...

Compliance School Provides Inestimable Value to Compliance Pros - Budget For It Now
It's budget time. It is important for bank leaders to remember their promising and star bankers this time of year by offering them special opportunities to grow and develop. GBA has one such opportunity available to your compliance team right now: GBA 2018 Basic Compliance School. The school is intended for the bank officer or employee new to compliance, or for other bankers with at least three years of banking experience who are in need of a better understanding of compliance. Taught by regionally and nationally recognized faculty, the curriculum will provide a dynamic training opportunity for compliance professionals. Students will leave with a solid foundation on which to build a successful compliance management program. And graduates will tell you that the networking with peers is the best value of all. Enrollment is open for next spring's one-week school, which will be May 6-11 in Athens. Tuition is $2,020 through Feb. 9 and includes hotel and most meals. Click here for school information and to enroll online. Questions? Contact GBA's Kathy Friestad, 404.420.2024.

ABA Online Courses
Legal Foundations in Banking

Legal Foundations in Banking presents the underlying legal structure for conducting the business of banking. This course covers key legal requirements affecting banks and bankers, as well as core language that must be understood to be effective. It provides the critical legal knowledge that every banker should know. Learning objectives include...

Upcoming GBA-U Webinars
A GBA-U 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 website "seat," one telephone site license and all handout materials. If you can't attend the webinar, you may buy the CD of the recording, handout materials and/or 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...

Fill a Job, Find a Job with the GBA Job Bank
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. 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...

State Bank & Trust

Oconee State Bank

PrimeSouth Bank

Johnson-Smith
Thompson
Solomon
Quarles

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

Important Note About Opt Outs
Please note that the CAN-SPAM Act, a law that sets the rules for commercial email, establishes requirements for commercial messages and gives recipients the right to stop receiving emails, also requires that someone who opts out must directly request to be added back. GBA utilizes a third party program to deliver the following bulletins, updates and announcements. If you opt out of one, you will not receive any of the following unless you contact us to opt back in. If you wish to stop receiving any of these individual items, please use the My Subscriptions tab in your MyGBA profile. See our MyGBA article above for more helpful tips.

  • GBA E-Bulletin
  • GBA-U Edge
  • GBA Legislative Update
  • Special Announcements and Invitations

Please contact GBA’s Bo Brannen, 404.420.2014 with questions.


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