September 30, 2016    

GBA’s Advocacy Team Gets High Marks

James magazine’s annual Top Lobbyist issue has a nice GBA feel to it this year. Congratulations to Elizabeth Chandler, SVP-Government Relations, for being among the top-ranked female lobbyists. She and Joe Brannen, GBA president and CEO, also were named to the magazine’s lobbyist hall of fame. As an advocate for the industry, GBA was among the top-10 business or trade associations. “Our entire Advocacy staff and program consistently rank among the best in the business. Elizabeth, Joe and Steve Bridges are the most effective, credible resources members of the General Assembly have about banking, and we’re fortunate they’re on our team,” said GBA Chairman Rick Drews, CEO, Century Bank of Georgia. Here’s a link to the magazine...
Wolverton

Wolverton Recognized Nationally

For the second consecutive year, Synovus Financial’s chief strategy officer Liz Dukes Wolverton has been named to American Banker’s 25 Women to Watch in the industry. The article about her highlights how she’s embraced the idea that she is in a position to be a mentor to other women in the organization. "It's my responsibility to use the role and influence that I have to help improve the path and development of rising female talent," she said. More about Wolverton's recognition here...

Fed Encouraging Diversity Self Assessments

Our Strategic Partner, Steve Greene with Employment Law Compliance (ELC), has shared with us that the Federal Reserve has sent letters this month to community banks encouraging them to complete and submit self-assessments of their diversity policies and practices as of year-end 2015. The self-assessment is based on diversity and inclusion assessment standards issued by the agencies last summer. The self-assessments are voluntary, but regulators are obviously aggressively encouraging banks to do the work. More about the diversity self-assessments here...
Standard

Financial Risk Management Conference - Nov. 16-17

Why Haynes Standard Counts on Annual Financial Risk Management Conference

When asked why he attends the GBA Financial Risk Management Conference year after year, longtime attendee Haynes Standard, First State Bank, Wrens, said, “The annual Financial Risk Management Conference is a great opportunity to visit with CFOs and other risk managers from all around our state and to keep current on asset-liability management, the economy and other financial risk matters. The speakers are great and my peers are always responsive and informative. The conference gets me ready for the next year.” Click here to see the agenda for the conference, coming up Nov. 16-17 at the Atlanta Marriott Northwest Hotel in Atlanta. CPE credit will be applied for. GBA has negotiated a nightly hotel rate of $159. Ready to register? Click here.

Help Available for Underwater Homeowners

A new, limited-time, federally funded state initiative called Underwater Georgia may be able to help struggling homeowners. Please share this information with your customers. For eligible applicants, Underwater Georgia may be able to provide a one-time payment of up to $50,000 to reduce the principal balance on their home. From now until Oct. 18, homeowners may visit the underwatergeorgia.org website to determine if they may qualify and begin a pre-application. More about the mortgage relief program here...

Vote Quote of the Week

“Nobody will ever deprive the American people of the right to vote except the American people themselves and the only way they could do this is by not voting,” said Franklin D. Roosevelt, the 32nd U.S. President. Help us encourage everyone to vote this fall by participating in our Georgia Bankers Democracy Days public awareness campaign. We’ll send you ready-to-use, customizeable materials to share with your local news outlets, customers and employees. Sign up here. See the Georgia banks that have signed up to participate here…

2016 BankPAC Campaign Update

The GBA BankPAC Board of Directors fully expects to meet the goals set for both the StatePAC and the FedPAC, but only if you and other bankers step up to ensure this is a true statewide initiative on behalf of the whole banking industry. The GBA StatePAC and GBA FedPAC contribution forms as well as the payroll deduction form for the GBA FedPAC provide easy guidelines to get the campaign started in your bank. We also invite GBA Associate Members and Bank Counsel Section members to join in our political efforts by contributing to the GBA StatePAC. There are two ways to do this: by participating in the Georgia BankPAC Classic Oct. 17 or by contributing directly to the fund. Thanks to all of these bankers and Associate Members for their contributions to the GBA BankPAC this week...

Georgia BankPAC Golf Classic - Oct. 17

Now more than ever, it is critical that we fund GBA’s Political Action Committee (PAC) so the industry can support candidates who will listen to our members’ concerns. You can do that by participating in Leadership GBA’s annual Georgia BankPAC Classic on Monday, Oct. 17 at Idle Hour Country Club in Macon. Registration is $150 per person, $250 per team or $450 for a team and hole sponsorship (a $100 savings). This two person scramble tournament is sure to be fun plus you’re helping GBA’s StatePAC. Registration is $150 per person, $250 per team or $450 for a team and hole sponsorship ($100 savings!). The proceeds will be donated to the GBA StatePAC. To register, click here. Please call GBA’s Susie McGehee at 404.420.2010 with questions about the tournament.

Same-Day ACH Program Launched

NACHA last week launched the first phase of its same-day ACH initiative. All banks are now required to accept same-day ACH credit transactions. NACHA touts the capability as one that enables a variety of transactions such as urgent claim payments from an insurance company to a consumer or same-day payroll payments from an employer to an hourly or contract employee. More about the same-day ACH program here...

Analysis of High-Performing Banks Available

A resource from GBA Associate Member Resurgent Performance outlines characteristics of banks nationally that are putting up medal-worthy performance metrics. “The 2016 Olympic Games recently concluded with Team USA pulling in yet another win. A whopping 121 medals boosted the United States up even higher above the competition in our country’s reigning top spot on the all-time medal chart. To put it simply, the best keep getting better. Similarly, the High Performers of the community banking world continue to distance themselves from the other bank players,” says the intro to the report. Take a look at the details here…

Changes in the Vendor Risk Mgmt. Landscape Webinar - Oct. 20

One of the priority issues with all of the banking regulatory agencies right now is risk management of third-party relationships. Join Mike Edison, CEO of GBA Strategic Partner Fortrex Technologies, for a closer look at trends in vendor risk management solutions during the Changes in the Vendor Risk Management Landscape webinar at 2:30 p.m. Oct. 20. Mike will discuss how today’s innovations can have a positive impact on your bank's vendor risk management performance while minimizing bank overhead to manage the program. Attendees will...

Must-Know Info. Seminar for the New CECL Model

The Financial Accounting Standards Board in June issued its final rule for new loan loss accounting standards, called the current expected credit loss model (CECL). This is the most dramatic accounting change facing the financial institutions industry in almost a decade and fundamentally alters what the allowance for loan losses is designed to represent. CECL will be effective in 2020 for Securities and Exchange Commission registrants and 2021 for all others. GBA, in partnership with Mauldin & Jenkins, Dixon Hughes Goodman, LLP, and Bryan Cave, LLP, will host a workshop Oct. 27 at Idle Hour Country Club in Macon to address the new standard. Representatives from the aforementioned firms will discuss...

Marketing Peer Group Meeting - Nov. 15, Macon

The next GBA Marketing Peer Group meeting will be Nov. 15. Topics for this meeting are Digital Marketing and Crisis Communications. Cox Media Group, Watkinsville, will start the meeting off with an overview of a variety digital marketing channels and strategies. Next up will be Sharon Cook, chief marketing officer, Federal Home Loan Bank, Atlanta. Sharon will talk with the group about communications during a crisis such as a card breach or other major business or reputational issue. We will wrap up the afternoon with roundtable discussion. The meeting is from 10 a.m. - 3 p.m. at Idle Hour Country Club, 251 Idle Hour Drive, Macon, GA 31210. The registration price is $125 per person. Register here. Contact Alison Moreau, 404.420.2034, with questions.

Credit Conference - Dec. 15-16

Pre-Conference Workshop: Preparing for Next Generation of Troubled Assets

Bankers attending GBA’s 2016 Credit Conference are in for a new twist in the conference agenda. Mike Allen, senior credit officer for State Bank and Trust, will lead a 2.5-hour pre-conference workshop, “Preparing for the Next Generation of Troubled Assets.” An add-on optional event designed for bankers on the rise at their banks, senior credit professionals and CEOs, this workshop will provoke strategic thought and discussion around early detection, planning and management of the next generation of troubled assets. Click here to register online for the pre-conference workshop and the conference.

New Course! The Mortgage Lending Business

This six-week course is an overview of the mortgage lending business, including mortgage banker, broker and lender business models, the role of government and agencies like Federal Housing Administration and the Veteran’s Administration programs, other key players like Fannie Mae and Freddie Mac, important real estate laws, and the basics of real estate investing. You'll also learn...

Upcoming GBA-U Webinars

A GBA 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 web site "seat," one telephone site license and all handout materials. If you can't attend the webinar, you may buy the audio CD, handout materials and 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. Check the GBA-U Calendar of Events at www.gabankers.com for more details.

The GBA Job Bank Gets Results

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.

Please Send in GBA Holiday Closing Decal Orders before Oct. 28!

All the banks on our standing order list have been contacted, but you can still place an order for your bank's sets of Holiday Closing decals between now and Oct. 28. GBA is the best source for top-quality, thoughtfully designed window and door decals that provide a professional appearance and communicate the 10 holiday closings recognized by the Federal Reserve Bank in accordance with FDIC rules. GBA Holiday Closing Decals feature...

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. 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. Here's our latest installment...
Independence Bank of Georgia
United Bank
South Georgia Banking Co.
Lummus
Robinson
Smith
BrandBank's new Kennesaw team

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.