October 3, 2014    

FDIC Atlanta Field Office Examiners
Hear from GBA

An important part of GBA's advocacy efforts is regular conversations with regulators. On Sept. 26, GBA President and CEO Joe Brannen was a guest speaker at a meeting of more than 100 risk and compliance examiners from the FDIC's Atlanta Field Office. Brannen was asked to share perspectives on the overall banking environment and feedback from members about supervisory issues. Some of the topics he covered included the improved performance of our members, the increased cost and complexity of regulations, the importance clear guidance for all the new rules and ongoing open lines of communication with regulators. Read more here...

The 13th-annual Georgia BankPAC Classic a Huge Success

Leadership GBA's 13th-annual Georgia BankPAC Classic included an excited crowd of bankers, Bank Counsel Members and Associate Members this year. "We really appreciate the show of support for this year's tournament," said Parrish Clark, Leadership GBA president and executive vice president at Guardian Bank, Valdosta. Read more about the tournament and see photos here...

Deposits in Georgia Jump
$9.4 Billion

Deposits in Georgia banks on June 30, 2014, were up by $9.4 billion from 2013, an increase of 5 percent, according to the FDIC's annual deposit market share report. Total Georgia deposits in 259 institutions on June 30 were $197 billion compared to $187.6 billion on deposit with 267 banks on June 30, 2013. The top-five market share leaders were unchanged; SunTrust (20.47%), Wells Fargo (16.29%), Bank of America (13.91%), Synovus (6.22%) and BB&T (5.77%). Here's a link to the full Georgia report.

Women in Banking Conference Announced - Jan. 29-30, 2015

GBA is pleased to announce it will host its inaugural Women in Banking Conference on January 29-30, 2015, at the Federal Reserve Bank, Atlanta. On tap is a great agenda packed with information that will be valuable to all women in the banking industry. Some of the sessions include an economic update, managing work / life balance, the importance of networking and women's role in the government relations process. See who's on the planning committee...

Voter Registration Ends Oct. 6

Don't forget to register to vote in this year's elections for local state and national offices. The deadline is Monday, Oct. 6. Also, please participate in GBA's Georgia Banker Democracy Days public awareness campaign to encourage voter registration and voting. We have resources available to you, including materials to distribute to employees and customers. Access the materials at the GBA Democracy Days section of our website or from the link on our home page, resources.gabankers.com.

Sub S Capital Conservation Buffer

Advocacy Continues

GBA and other industry groups are continuing the push to fix a provision in the Basel III capital standards that would unnecessarily increase tax liability for shareholders of some of the 60 Subchapter S banks in Georgia and throughout the United States. ABA President and CEO Frank Keating wrote to the heads of the Federal Reserve and the OCC about it last week. More details and access Keating's letters...

Heard and Seen at the Compliance Conference

More than 100 Georgia bank compliance officers spent two-and-a-half days last week taking a deep dive into a long list of important updates at the 2014 GBA Compliance Conference. "The banks in Georgia that had a compliance representative at this year's GBA Compliance Conference took advantage of a wonderful opportunity to provide their staff with professional training on current issues," said Ken Stewart, Pinnacle Bank's senior vice president of Compliance & Risk Management. Read more quotes and access a photo gallery...
Compliance guru Blair Rugh with Melisssa Deal of
The Heritage Bank.
A knockout presentation by
Andy Barksdale.

New Georgia Charter Draws First Applicant

Credorax, a Boston-based payment processor, is the first company to apply for Georgia's unique Merchant Acquirer Limited Purpose Bank charter. The Georgia Department of Banking and Finance (DBF) is taking public comment on the application through Oct. 29, and will make a decision about the application within 90 days. More about the new charter here...

Shellshock Bug Resource and Data Breach Presentation Available

Check the FFIEC's statement and resource list to help you assess and patch any vulnerability your bank may have to the Shellshock software bug that affects Unix-based operating systems. And, check out a new presentation for community speeches from ABA...

BCBS Georgia, Northeast Georgia Health System Ink New Contract

Northeast Georgia Health System (NGHS) and Blue Cross and Blue Shield of Georgia (BCBSGa) announced this week a new, multi-year agreement that will allow patients with BCBSGa health insurance to continue to receive in-network access to the health system's facilities and employed physicians. This includes plans provided by GBA Insurance Trust.

.bank Domain Approved

Beginning in 2015, banks will be able to register for a new internet domain, ".bank." ICANN, the international body that governs Internet domains, this week authorized fTLD Registry Services to operate the newly created top-level domain. Find out more about .bank...

Georgia BankPAC Campaign Update

As mentioned above, Leadership GBA hosted its annual BankPAC Golf Tournament this week and we are tallying the fundraising results. There is still progress to be made toward the FedPAC and StatePAC goals. Take a look at how your GBA Group is faring so far in the campaign and make your contributions this week if you have not yet done so. See who contributed this week....

Attention Attorneys...
Status of Important

Banking Cases

Click the link here to see the ABA's October Status of Important Cases Banking Docket. Thanks to the ABA's Office of the General Counsel for providing this for our Bank Counsel Section members.

Find a Job, Post a Job with GBA Job Bank

The Georgia Bankers Association offers free job posting resources for our member banks. These listings can be viewed online or through our print publication, the GBA Bulletin, mailed every other week. Resume postings are also available. For more information, please contact Kenyetta Parks

GBA Strategic Partner Spotlight

Click the logos below to lern more about these important GBA Partners...

Important Upcoming Events

    The Information Security Officer (ISO) Seminar: Oct. 16

    Designed for Information Security Officers, Compliance Officers and network administrators, this seminar will highlight all the information you need to be a successful professional in this role. Register online here...

    FDIC Consumer Protection Workshop:
    Oct. 29-30

    The FDIC Atlanta Region is pleased to announce the third installment of its Consumer Protection Workshop seminar series. This workshop is an interactive one-and-a-half-day event designed to provide information about current topics of interest and enhance knowledge of consumer protection laws and regulations. Register online here...

    GBA Community Connections

    Click here to read about the latest good works by various GBA members. We want to share what GBA members do to support their communities. Submit your community involvement and service information to Bo Brannen and David Oliver.

    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.