October 6, 2017      

Deposits top $240 Billion in Georgia
Banks doing business in Georgia grew deposits by 6.9 percent from June 2016 to June 2017, according to the FDIC market share report out this week. Total deposits held in banks throughout Georgia were $240.8 billion, up by $15.5 billion dollars. That increase came against the backdrop of continued consolidation in the market, with 10 fewer banks with operations in Georgia, and 95 fewer office locations. Here's more detail and a link to a list of highlights from the report...

Legacy of Leadership
Since 1958, Georgia bankers have come together under the umbrella of what was then called the Young Bankers Section to support the advancement of career bankers, provide leadership development training and serve as a forum through which career bankers can network and exchange ideas. One of the section's earliest contributions to the association was the establishment of the Georgia Banking School and its first class graduated in 1961. The section is now called Leadership GBA, but its core missions remain the same. The Georgia Banking School is accepting students now for the 2018 session. And these banking leaders sponsor an annual conference, two leadership roundtables and an annual outing supporting the association's political action committee. As we've been celebrating GBA's 125th anniversary this year and the Georgians who happen to be bankers, we wanted to recognize two Georgia families that have provided two generations of leaders to chair the section. Dallis Copeland, then with First National Bank of Barnesville, headed the section in 1973, followed by his son, D Copeland, Columbus Bank & Trust, as section president in 2003. Before his retirement, Dallis was longtime chair of what is now GBA Retirement Services, Inc. Steve Jordan, then with the Bank of Covington, headed the section in 1988. He was followed by his son, Walker Jordan, the Bank of Monticello, as head of the section in 2013. Steve went on to be GBA Chairman in 2008-2009. Steve is currently CEO of the Bank of Monticello and Walker is president of the bank. Our thanks to the Copelands, the Jordans and all the bankers who have participated in this part of the GBA for the past 59 years who helped create the association's legacy of leadership.

D and Dallis Copeland

Steve and Walker Jordan

Anthony

GBA Member Profile: Leadership GBA President-Elect Keith Anthony
Persons Banking Company’s Forsyth Division president Keith Anthony used the examples of hard work that both of his parents showed him growing up to become the successful banker he is today. We’re fortunate to have Keith in a position of leadership in GBA because he understands the importance of a strong and unified voice for the industry that GBA provides though upcoming events like the Georgia BankPAC Classic on Oct. 18 in Foryth. Keith shared his thoughts about the importance of that event and some other interesting things about himself in this week’s GBA Member Profile here…

Georgia BankPAC Classic Coming Up Oct. 18
It's so important that we fund GBA's Political Action Committee (PAC) so the industry can support candidates who will listen to our members' concerns. One of our signature PAC fundraising events is coming up soon! Leadership GBA will host its annual
Georgia BankPAC Classic Wednesday, Oct. 18, at The Club at River Forest, Forsyth. The two-person scramble tournament is sure to be a fun event for everyone. Registration is $150 per person, $250 per team or $450 for a team and hole sponsorship (a $100 savings). The proceeds will be donated to the GBA StatePAC. Click here to register. With questions, please call GBA's Susie McGehee at 404.420.2010.

Wade, Bonelli Recognized as Leaders Statewide
We're glad to see Georgia Trend magazine's annual Top 40 Under 40 list includes a couple of banking stars. Will Wade, 39, Southern Bank & Trust, is recognized for his 13-year tenure on the Dawson County Board of Education and for serving as current president of the Georgia School Boards Association. Wade also is a member of the GBA BankPAC Board of Directors and Public Affairs Committee, and is a graduate of the Georgia Banking School. Phil Bonelli, 33, is vice president, middle market banking, for Wells Fargo. The feature about him notes his success in being ranked as Wells Fargo's No. 1 business banker in 2014, and his talent for connecting with young people interested in banking by breaking out a rap about the business. See the full profiles and full list here...

Wade

Bonelli

Top Execs, Lawyers and Accountants Convened This Week
Our annual tri-conference meetings this week for bank Presidents/CEOs, Bank Counsel Section and Bank Accountants were a big draw. The program featured a good dose of technical updates and forward-looking ideas for members to take back to their banks and firms. Special thanks to the Community Bankers Committee chaired by Dawn Griffin, Liberty First Bank, Monroe, for planning the banker conference, James Stevens, Troutman Sanders, and the Bank Counsel Board for planning their content and Tim Keadle of Porter Keadle Moore and Ron Mitchell of Mauldin & Jenkins for leading the Bank Accountants' breakout session. Read about more highlights of the events here…

CECL Implementation Tool Available from CSBS
At the Bank Accountants Conference this week, accounting firm representatives expressed a desire to make sure their bank clients are doing all they can to prepare for CECL implementation coming up in a couple years. It may seem to be a long way out, but capital planning well in advance is important. A new tool is available from the Conference of State Bank Supervisors to help accountants and bankers. Find out more and access a link to the tool here...

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…

Welcome New Associate Members
The GBA Board of Directors this week approved three new Associate Member companies for GBA. Please get to know these new organizations and thank them for their support of GBA.

  • Gro Solutions – Johns Creek, Tony Simmons, VP, sales
    Provides digital sales solutions to banks to acquire and engage customers.

  • SignIx – Chattanooga, TN, Paige Adams, Director of Key Accounts
    SIGNiX enables people to digitally sign documents electronically, eliminating the cost and waste of paper processes while providing better customer engagement, assurance and evidence than was ever possible with paper. SIGNiX is a cloud-first, mobile first e-signature.

  • U.S. Small Business Administration – Atlanta, Terri Denison, District Director, Federal Government Agency.

Secure Deposit Program Briefing Set for Oct. 30
Banks interested in participating in the Georgia Secure Deposit program beginning Jan. 1 should make plans to get application information to us no later than the end of October. A mandatory briefing about the program for banks applying or considering application for this period has been set for Oct. 30, 9:30 a.m., at the Office of the State Treasurer, 200 Piedmont Avenue, Suite 1204 West Tower, Atlanta, GA 30334. Please contact GBA’s David Oliver, 404.420.2036, if you’d like to attend. The Georgia Secure Deposit Program is the new option for protecting public deposits above FDIC insurance, potentially allowing lower collateral levels for banks with public deposits. Participants agree to contingent liability provisions to join the other banks in the program in covering losses to depositors not covered by FDIC insurance or collateral in the program, based on their pro rata share of deposits covered by the program. Learn more about the secure deposit program here...

Interim Rule about Foreclosure Prevention Communication Issued
The CFPB this week issued an interim final rule it says gives mortgage services added flexibility for meeting requirements about when to communicate about foreclosure prevention options. The proposed rule would provide more certainty for mortgage servicers about when to provide periodic statements to consumers in connection with their bankruptcy case, the bureau said. Access the rule here...

Synovus Marketing Video Gets Best in Show Award from ABA
Congratulations to the Synovus Marketing team for taking home the "Best in Show” award from the ABA Bank Marketing Video Awards competition. The video featured an actual customer and his Clydesdale horse. The video got the highest score from about 300 entries from banks of all sizes. See the Synovus video and other winners here...

Related: Join us for our GBA Marketing Peer Group meeting coming up Oct. 24 for additional best practices and networking with fellow marketing professionals. See below for more details.

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.

HMDA Workshop - Oct. 17
Get details of new HMDA data collection and reporting rules ahead of the Jan.1 deadline by attending 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, Bank Compliance Services, will address the following topics in "mind-numbing" detail during this full-day program...

Webinar Spotlight
Understanding the Use of Brownfields in Real Estate Transactions

A valuable though sometimes misunderstood tool for lenders, the Georgia Brownfields Act helps to mitigate the risk of liability when developing and redeveloping property that has some level of environmental contamination from past and present uses. On Oct. 18 at 2:30 p.m., GBA's Understanding the Use of Brownfields in Real Estate Transactions webinar will focus on what lenders need to know and look for in dealing with environmental contamination; provide an explanation of the requirements and process under the Georgia Brownfields Act; and explain how the Brownfields process protects lenders. Learn more and register here...

The Information Security Officer (ISO) Seminar - Oct. 19
GBA's Information Security Officer seminar Oct. 19 at The Brickyard Golf Club in Macon will delve deep into the ISO's regulatory requirements and internal responsibilities. Current and prospective ISOs, network administrators and compliance officers will all benefit from this full-day session presented by Tom Hinkel of Safe Systems. Hinkel will cover the following...

Sands

Southeast Georgia Community Bank Symposium - Nov. 1
FinTech companies are increasing their footprints in the financial sector through innovations in payments, lending, security and data analytics, making it faster and more customer friendly when making risk decisions and moving payments faster. How are financial institutions responding to this reality, and what are the legal and compliance considerations in partnering with FinTech companies? Join Terri Sands, State Bank & Trust Company, for a session on FinTech relationships, regulatory requirements, business considerations, best practices for working through vendor contracts and other legal scenarios during the annual Southeast Georgia Community Bank Symposium Nov. 1 at the Nessmith-Lane Center, Georgia Southern University, in Statesboro. Click here to register...

Oliver

FRM Conference Bonus Session - Nov. 8-9
Come Learn about the Georgia Secure Deposit Program
At the GBA Financial Risk Management Conference, Nov. 8-9, GBA's David Oliver, SVP of our Marketing & Communications Department, will explain the new Georgia secure deposit program and provide details that can help your bank decide whether to apply for voluntary participation. This will be a half-hour pre-conference session offered at no additional charge. The conference will be at the Atlanta Marriott Northwest Hotel at Galleria. The early registration price, good through Oct. 25, is $350 per person. Rooms are available at the GBA nightly rate of $169 through Oct. 17. Click here for full details or to register online. Contact GBA's Kathy Friestad with questions, 404.420.2024.

Credit Conference - Dec. 7-8
Economic Development Panel to Look at Georgia's Booming Film Industry

Georgia has seen a huge increase in economic development and growth in the film industry over the past few years. How has this growth affected our local communities? With the growing financial impact to our economy and statewide focus to attract even more development, what opportunities exist for banks across the state? During the GBA Credit Conference, Dec. 7-8, a panel of film-related professionals will educate attendees on these questions. Panelists will 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...

Cornerstone Bank

First National Bank of Decatur County

Iler

Washburn

Massengill

Parham

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


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