September 15, 2017  

Tracking Irma's Effects on Georgia Banking
We feel fortunate that the widespread effects of Hurricane Irma on Georgia residents, bankers and their customers were not as bad as they could have been. In tracking the effects of the storm through communication with members, we've heard the major concerns for bank operations have been power outages and staff members and customers dealing with flooding and property damage. Members of GBA's
Operations and Technology, Security and Agriculture committees were helpful to us with reports from around the state about the storm's effects. All of the preparation and planning banks do when the weather is good paid off as most bank locations were able to re-open quickly after the storm throughout the state. The coastal areas were the hardest hit, with some bank locations continuing to rely on backup power sources, and the state's agribusiness sector suffered a serious blow to crops such as pecans, cotton and vegetables. To provide member support, GBA participated in daily conference calls beginning last week with FEMA, GEMA and the ABA. And on Wednesday, we also sat in on calls with the Georgia Dept. of Agriculture and the FDIC regional office that also had the state banking commissioners, OCC and the Fed participating. More details here…

Share Bank and Banker Aid Stories
We know banks and bankers will be at the tip of the spear for many Hurricane recovery, restoration and aid efforts in Georgia as well as for the residents of Florida, the Caribbean and Houston. The federal government has asked GBA to help share the good stories about the industry's response to this year's storms. If your bank or teams at your banks are doing special customer and community aid or outreach, please let us know and we'll pass it on to federal officials, as well as share it with membership and the public. Donations of money, food, clothing, shelter, time and other resources all are worthy of noting. Or, perhaps you've got a banker or team that went out of their way to help a particular customer, business or group in need. Send us emails with photos and information to David Oliver, doliver@gabaners.com, and Bo Brannen, bbrannen@gabankers.com. Use the social media hashtag #GAbanksrecover on your Twitter or Facebook posts. There are already some posts about donations and aid that banks have provided.

Synovus Bank

SunTrust Bank

How You Can Help Hurricane Victims
Here are some resources about aid efforts.

  • Georgia Specific Aid -The Georgia Department of Emergency Management and Homeland recommends people work through the Georgia Voluntary Organizations Active in Disaster (Georgia VOAD) to coordinate relief efforts with trusted volunteer organizations. Here's a link to the Georgia VOAD website...

  • Florida Specific Aid - Several GBA member banks serve customers and communities in Florida. If you'd like to contribute to aid efforts there, you may donate to the state authorized Florida Disaster Fund...

  • American Red Cross - Specific site for Irma donations.

GBA Comment Letter to CFPB about Small Business Lending
Discretionary Lending Model Exemption Recommended for Small Business Loan Data Reporting

Member input helped us put together a detailed comment letter we filed this week with the CFPB in response to its request for information about the small business lending market. The CFPB is looking for guidance as it prepares to implement Section 1071 of the Dodd-Frank Act that requires it to collect small business loan data. What we learned from members informed GBA's position that lenders using tailored and discretionary origination and underwriting processes should be exempt from Section 1071 requirements. Thanks to the many members who provided input to us for the letter, and to GBA General Counsel Jonathan Hightower of the Bryan Cave law firm for analyzing the responses and drafting the letter. Click here for more…

GBA Endorses Monarch Private Capital
The Georgia Bankers Association (GBA), through its subsidiary, GBA Services Inc., is pleased to announce the endorsement of
Monarch Private Capital (MPC) as a GBA Strategic Partner. MPC is a syndicator and broker of state and federal tax credits. Headquartered in Georgia, MPC operates in multiple states and transacts tax credits in more than 20 states, in addition to Federal credits. MPC is one of the largest and most reputable firms marketing both the Georgia low income housing and film/entertainment credits. MPC invests in projects which generate transferable state and federal tax credits in the following industries:

  • Low Income Housing
  • Film & Entertainment
  • Alternative Energy Production Facilities
  • Historic, Mill & Abandoned Building Rehabilitation.

MPC has marketed credits since 2005, placing more than $1 billion credits with its investors. The company underwrites and markets its credits with a conservative and diligent approach. No investors have suffered a recapture loss from any of MPC's credits. For more information about MPC, please contact John Carson, 678.304.6499.

Happy Official Birthday to GBA
Thursday marked the official 125th birthday of the Georgia Bankers Association.
Bankers came together in Macon Sept. 14, 1892, to found this association that's been a resource to hundreds of banks and hundreds of thousands of bankers and their families for a century and a quarter. Our birthday wish is for many, many more years of banker support and involvement as a unified voice and source of strength for the banking industry in Georgia. Thanks to everyone for your ongoing trust and confidence in your association! Our 10th and final member meeting in celebration of our milestone is Sept. 19 in Athens. You still have time to register by clicking here. See you there!

This was not the GBA staff in 1892, but it is today!

GBA Ag Scholarship recipients in 1915

GBA 125 Facts
Banks and Ag Economy Long Linked

Agribusiness has been a foundation of Georgia’s economy since its beginnings, and GBA’s archives show a long tradition of banks working to support farmers. Here are just a few examples…

GBA's Advocacy Team Recognized
State legislators and government relations professionals have recognized GBA's advocacy team as being among the top professionals in the business again this year. GBA is honored to be ranked fourth on James magazine's ranking of top business and trade associations released this week. Congratulations also to Elizabeth Chandler, SVP-Government Relations, for being among the top-10 female lobbyists. She and Joe Brannen, GBA president and CEO, also were recognized for being members of the magazine's lobbyist hall of fame. "I've talked a lot about the importance of teamwork when it comes to advocacy for banking, and our GBA government relations program embodies that," said GBA Chairman Palmer Proctor, president and CEO, Fidelity Bank, Atlanta. "It's gratifying that elected officials and peers have such respect for the approach and effectiveness Elizabeth, Steve Bridges and Joe have in representing banks that do business in Georgia. With member input and support, the GBA team works tirelessly to ensure Georgia remains the best state for banking in the country." This edition of the magazine also features an ad from GBA recognizing the importance of the Georgian's who happen to be bankers as part of our 125th anniversary salute to the men and women of the industry. See
the magazine here. See the GBA salute ad here... Thanks to GBA Strategic Partner Financial Marketing Solutions for designing the ad.

Last call! IRA Advanced Update and Review Workshop - Sept. 21
There is still time to register for GBA's IRA Advanced Update and Review Workshop Sept. 21 at Idle Hour Country Club in Macon, which will separate fact from fiction about the more technical areas of IRAs. An IRA expert with more than 30 years' experience in the financial industry, Patrice Konarik of Sunwest Training Corp. will answer these and many more common questions...

Identity Fraud Protection Tips Available
Any time there are headlines about a significant data breach, such as the news about the Equifax breach last week, it's a good time to educate customers about steps to protect their accounts. Aside from the specific concern about the information accessed by hackers, one of the main things to watch out for is email and phone scams looking to capitalize on customers feeling vulnerable. We encourage consumers to carefully guard their information. We've updated our tips you can use with your customers and put them on our website.
Access the resource here...

Bank Service Satisfaction Hits 89 Percent
Banks nationwide do a great job of taking care of their customers. Nine of 10 Americans (89 percent) rate their bank's service and support as "good," "very good" or "excellent," according to survey results published this week by ABA. And, 89 percent also say they are satisfied with their main bank. Consumers were also asked to name three things they value most about their bank. The top answers were customer service (50 percent) and location (43 percent). Having little or no fees and security of information tied for the third-most-valued attributes (38 percent).
Read the full survey results here. See an infographic about the results here...

Five Reasons to Attend President/CEO, Bank Counsel or Bank Accountant Conference
Still on the fence about attending GBA's
President/CEO, Bank Counsel or Bank Accountant Conference? Here are five good reasons to register today...

HR Resource
Compensation & Benefits Survey Flying out to Members

OK, we'll fess up that we don't actually have drone delivery of this year's GBA Compensation and Benefits Survey, but we're emailing the reports out at a pretty steady clip so far. Don't miss out on getting your copy, too. There are three sections to the results this year, and there's information about 135 different bank jobs as well as data about director compensation, salary increase and other benefit information, peer bank pay information and asset-size breakouts. You can even get custom reports with multi-state information. To order a copy of the results, please contact GBA's David Oliver, 404.420.2036. The price for the survey results is $150 for those who provided data for sections 1 and 3, and $400 for members who did not participate but want the survey results.

Webinar Spotlight - Oct. 18
Understanding the Use of Brownfields in Real Estate Transactions

Property development and redevelopment is increasingly occurring on parcels that have some level of environmental contamination from past and present uses. Historically, lenders have been justifiably concerned about lending on such properties for fear of being stuck with liability. However, the Georgia Brownfields Act offers the ability to mitigate the risk of such liability. 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. Find out more and register here…

2017 BankPAC Campaign Update
The 2017 BankPAC Campaign continues to do well, and now is the time to participate if you haven't yet contributed. 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. Many thanks to the CEOs of the following banks making a contribution to the GBA BankPAC this week...

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.

Marketing Peer Group - Oct. 24
Digital Signage-Roundtable Topic

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. Digital Signage will be first up for the roundtable discussion along with many other hot topics. Al Suosso, solutions specialist with Jack Henry & Associates, will discuss customer relationship management (CRM) sales and service planning tools. Registration is $125 per person. Click here to register online. With questions, please contact GBA's Alison Moreau at 404.420.2034.

Simpson

Financial Risk Management Conference
Implementation Considerations on the Road to CECL

While everyone may be aware of the new CECL (Current Expected Loss Credit) standard, a lot of unknowns still exist. Where can you learn more? Come to GBA's Financial Risk Management Conference Nov. 8-9 to get the latest update. Mandi Simpson, professional accounting fellow with the OCC's Office of the Chief Accountant, will talk through some CECL implementation considerations. Click here to see the detailed agenda and to register online

Enrollment Now Open for 2018 GBA Schools
Enrollment is now open for the 2018 sessions of Georgia Banking School and the GBA Basic Compliance School. Both schools will be May 6-11 at the University of Georgia Center for Continuing Education & Hotel in Athens, GA. Applicants enrolling in the first year of Georgia Banking School and the Basic Compliance School are eligible for an early-bird discount when enrolling by Feb. 9. For all the details on these exceptional professional development opportunities,
click here for Georgia Banking School and click here for Basic Compliance School. Contact GBA's Kathy Friestad or Alison Moreau with questions regarding the schools, 404.420.2024 or 404.420.2034.

Banking 101 Courses Available
Banking Fundamentals includes three 4-week courses that combine the principles of the banking industry with real-world application. Ideal for emerging bankers or bankers seeking to gain an understanding of the changing world of financial services, it is an online, paperless, series of courses the combines peer collaboration with instructor guidance. The member price of each session is $215.

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...

FNB Griffin

Oconee State Bank

Rollins

Lottie Davenport and Oconee State Bank president/CEO Neil Stevens

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