October 27, 2017       

Big Win for Consumers as Arbitration Ban Stopped
The U.S. Senate Tuesday overturned the CFPB's rule banning mandatory arbitration clauses in most banking product contracts. In exercising its authority under the Congressional Review Act to reject new federal regulations, the Senate joined the House, which voted in July to overturn the rule. President Trump is expected to sign the resolution, which would stop the rule from taking effect. GBA and many others were active in urging Congressional action to stop the rule. The Senate's vote came close on the heels of a Treasury Department report that said...

Last call!
Southeast Georgia Community Bank Symposium - Nov. 1

Southeastern Georgia community bankers can still register for the annual Southeast Georgia Community Bank Symposium Nov. 1 at the Nessmith-Lane Center, Georgia Southern University, Statesboro. GBA along with Georgia Southern University Center for Excellence in Financial Services will host this event. Click here for a detailed agenda. Highlights include:

  • A conversation about the future of banking
  • Market and regulatory trends in commercial real estate
  • An economic outlook and opportunities
  • The next-generation strategy for FinTech and financial institutions.

Registration is $159 per person. Click here to register. With questions, please contact GBA's Susie McGehee at 404.420.2010 or Katina Prokos at 404.420.2021.

Marketing Peer Group Meeting
Marketers Cover CRM, Share Resources and Ideas

A big group of Georgia bank marketing pros and other members met this week for the latest GBA Marketing Peer Group Meeting. Al Suosso, solutions specialist with Jack Henry & Associates began with a presentation about customer relationship management. Attendees also got a resource download from Lorenda Smith, First National Bank of Decatur County, Bainbridge, and Tracie Morgan, Morris Bank, Dublin, about things they learned at the ABA Bank Marketing Conference. Click here for more peer group highlights...

Senior Lending Officer Roundtables Wrap-up
All four GBA Senior Lending Officer Roundtables met last week in Macon and Atlanta. These sessions kicked off our fifth year of the roundtables. In addition to the outstanding learning, networking and idea sharing during the meetings, Paul Sims, president of community bank consulting firm Guided Solutions, who has facilitated these roundtables since their beginning, announced his retirement. Under his guidance and facilitation, the roundtables have blossomed into an essential part of GBA's professional development program for lending officers in Georgia. The groups will miss Paul's leadership, and we wish him all the best in retirement as he intends to spend lots of quality time with his grandchildren. We don't expect to miss a beat with these roundtables, however. Karl Nelson of KPN Consulting will take over as roundtable facilitator beginning with the February 2018 meetings. Click here to learn more...

GBA 125 Look Back...
Rolling Branches and Quirky Branch Design

We hear lots of talk these days about the branch of the future and what features they may include. Georgia banks have a long history of tinkering with new ways to reach customers and attract new business at branches. In 1962, the Bank of Worth County built a new branch that had arches similar to a McDonald's restaurant. Shortly after it opened, a tourist pulled in to the drive through teller window and ordered a Coke and a burger. The teller reportedly handed the man a Coke but let him know he was actually at a bank. From 1966 to 1976, the First National Bank of Habersham put banks on wheels, sending fortified vans to customers to pick up deposits and make change. And Citizens and Southern National Bank gussied up a temporary branch in Atlanta to look like a pioneer trading post to stand out in an urban setting while its permanent building nearby was under construction. After the permanent branch was opened, the bank donated the post to the Boy Scouts.

Financial Risk Management Conference Two Weeks Away
The GBA Financial Risk Management Conference is Nov. 8-9 at the Atlanta Marriott Northwest at Galleria. The agenda is excellent. Come learn, network and earn professional education credits at this annual conference designed for bank CFOs, ALM managers, controllers and others involved in risk management. Click here to register online, see a detailed agenda and for hotel information. Contact GBA's Kathy Friestad with questions, 404.420.2024.

2017 BankPAC Campaign Update
It was a great week for the 2017 BankPAC Campaign! Results of the Leadership GBA-hosted golf tournament fundraiser are in as well as contributions from the officers and directors of Ameris Bank to the GBA FedPAC and the bank's contribution to the StatePAC. Thanks to Wade Johnson, Dudrden Banking Company, and the LGBA Executive Committee and to Ed Hortman, President and CEO, and others at Ameris Bank for their generosity. If you have not yet participated in this important, industry-wide effort, here are your fundraising guides and contribution forms for easy use when your bank makes a contribution to the StatePAC and eligible employees and directors make personal contributions to the FedPAC. Eligibility and suggested contributions are included on the contribution forms. Take a look at the overall campaign progress here. With questions, please call Elizabeth Chandler at 404.420.2027.

Human Resources Committee Meets to Plan 2018 Conference
GBA's Human Resources Committee met in Macon Wednesday to talk about HR trends and begin planning the 2018 GBA HR Professionals Institute. The committee is led by Margie Blanton, WB&T Bankshares, Valdosta, and Leigh Pharr, First Landmark Bank, in Marietta, serves as vice chair. The conference is March 21-23, later than the usual February dates to work around some first-quarter deadlines. The group is very excited to be returning to the Westin Jekyll Island. Click here to learn more...

Basic Compliance School Equips Compliance Professionals with Critical Tools for Success
Taught by nationally recognized compliance experts David Dickinson, Patti Blenden and Carl Pry, GBA's Basic Compliance School allows compliance professionals to learn, advance and network together in today's challenging regulatory environment. Attending or making sure a representative from your bank attends will keep you from falling behind as compliance pros! Join your peers May 6-11 at the UGA Center for Continuing Education & Hotel in Athens, GA. For more information, click here. You may enroll and pay now to have it covered in this year's expenses, or enroll now and defer tuition payment until early 2018. Save $130 on tuition through Feb. 9.

How to Find Services You Need
GBA has more than 230 Associate Member companies that provide all sorts of products and services that can help your bank. We encourage you to do business with these companies because their membership supports GBA financially as well as through their expertise and input about their lines of business when it comes to advocacy, operational issues, technology updates and more. The GBA website has a search feature that lets you find Associate Member companies by business category, company name and contact name. It's a member benefit intended to make it easy for you to find companies supportive of banking that offer quality services. Check out the search feature here...

Ray

Cybersecurity
It's On A "Need to Know" Basis, And You Need to Know

At the GBA Credit Conference, Dec. 7-8, cybersecurity expert Mark Ray will discuss threats people and organizations have been facing over the past year, as well as strategies for preparing for and defending against cyber attacks. Ray is Managing Director and head of Nardello & Co.'s Cyber Investigations and Digital Forensics practice, where he uses his front-line cybersecurity expertise to help organizations around the world respond to, investigate and recover from major cyber incidents and fraud events. And, if you're interested in a Georgia housing update, plan to come a little early Nov. 7 to hear John Hunt speak at a free pre-conference session. Click here for the detailed agenda, hotel information, and to register online. Questions? Contact GBA's Kathy Friestad, 404.420.2024.

Related: Top Threats and The Future of Security in Banking/Financial Industries
Cyber-crime has risen to the second-most reported crime in the world and according to a 2016 Global Economic Crime Survey, 54 percent of organizations have been hit with cyber-crime within the past two years. These include attacks against major corporations including Tesco Bank, Equifax, HSBC and many more. But why are criminals attacking these corporations? The simple answer is: Go where the money is. Click here for an article from GBA Associate Member 10-D Security for more details...

Make Room in Your Ledger for Professional Development
Attention top management and department heads! As you build your 2018 budget, invest in your bankers by sending them to at least one (or more!) of GBA University's great programs. Our conferences, schools, seminars, roundtables and peer groups are designed to help your bank keep up with current industry issues while your bankers hone their skills through continuing education. To help you with your planning, we've put together a budget checklist of key programs...

Basics of Asset-Based Lending Seminar - Nov. 15
Do you bank asset-based lending clients? Lenders, credit support and other bankers who aren't experts in this type of lending won't want to miss GBA's new Basics of Asset-Based Lending workshop Nov. 15 at The Brickyard Golf Club in Macon. Through a group case study environment, participants will learn about basic balance sheet fundamentals, sizing the loan, the importance of A/R and A/P aging reports, inventory considerations, basic documentation and lien perfection and monitoring. Register by Nov. 7 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.

Webinar - Nov. 16
Has Your e-Sign Vendor Answered These Six Questions?

On Nov. 16 at 2:30 p.m., GBA's What Makes an e-Signature Legal? webinar will lay out the vital legal questions that need to be asked before selecting the right e-signature vendor for your bank or business. Attorney Scott Sargent of Baker, Donelson, Bearman, Caldwell, & Berkowitz, PC in Birmingham, AL, and Brian Felker, Vice President of Sales, SIGNiX in Chattanooga, TN, will cover what makes an e-signature legal; the differences between electronic and digital signatures; and tips on the due diligence process when selecting a vendor. They will go over how a prospective vendor should answer the following...

Are You Ready for Your Next BSA Exam (and New CDD Rules)?
Don't miss new beneficial ownership rules at GBA's BSA: Are You Ready for Your Next Exam (and New CDD Rules) seminar Dec. 6 at The Brickyard Golf Club in Macon. BSA officers have a wide range of duties and responsibilities to comply with BSA requirements and satisfy examiners, and during this full-day seminar, Steve Moore, Bank Compliance Services, will cover the following...

2018 Legislative Reception and Legislative/Economic Update, Jan. 10
Mark your calendars to attend GBA's annual Legislative Reception honoring the members of the General Assembly, the Constitutional Officers, the statewide Judiciary and other dignitaries. This premier event will be Wednesday, Jan. 10, 2018, at the Atlanta Marriott Marquis. The GBA Board of Directors, the GBA Public Affairs Committee members and the GBA BankPAC Board of Directors will also host a Legislative and Economic update at the Marriott earlier that afternoon. A block of hotel rooms has been reserved at Marriott for the night of Jan 10. The negotiated rate is $279 per night for a single or double room. Reserve your room by calling the hotel directly at 404.521.0000. Be sure to tell them you are with the Georgia Bankers Association. These rooms will be held until Dec. 18, 2017. To register, click here. With questions, please call GBA's Susie McGehee at 404.420.2010.

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.

CharterBank

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...

Kilday

Byers

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. To login if you've forgotten your password, use your email as your username to do the password reset feature.

  • 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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