July 31, 2020

Advocacy Alert

Urge House Support of PPP Forgiveness Legislation

Please join our efforts to encourage Georgia’s U.S. House of Representatives delegation to support H.R. 7777, which would allow PPP loans of $150,000 or less to be forgiven once the borrower completes a one-page forgiveness attestation. It’s a companion to a bill in the Senate we’ve shared details about previously. A simpler forgiveness process is also among the list of issues being proposed for inclusion in the U.S. Senate’s next coronavirus relief package, but let’s keep up the effort to support a standalone bill. With questions, contact Joe Brannen, 404.420.2026, or Elizabeth Chandler, 404.420.2027. Here’s how to contact your representative now.

 

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The Scoop on the Coin Circulation Issue

As many retailers have begun requesting exact change and news stories have focused on the limited circulation of coins due to the pandemic, more members have been getting questions about the issue. The U.S. Coin Task Force July 24 issued a statement explaining that the issue isn’t a shortage of coins, rather it’s specifically related to fewer people and businesses using coins for purchases and other transactions during the pandemic. “As people have changed their spending habits, and coin-intensive businesses and financial institution lobbies have been less accessible, the nation’s coin is pooling in change jars, in car cup holders and in shuttered businesses, making it difficult for the businesses of this country to get the coin that they need to support cash transactions,” the statement said. While the U.S. Mint has substantially upped its coin production, the challenge is likely to continue until traditional locations such as schools and retailers return to historical patterns before more widespread circulation occurs. Here’s an additional set of notes to help you explain the issue to customers. With questions, contact Joe Brannen, 404.420.2026.

 

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Help Coin Circulation with Free Posters and Graphics from GBA Partner Bank Marketing Center

Help spread the word and get free materials to encourage your customers to empty out their piggy banks. The banking industry is rallying to help small businesses and kick start better coin circulation. GBA partner BankMarketingCenter.com has created free posters, flyers and social media graphics to help spread the word and encourage their customers to deposit their loose change at the bank. Join Bank Marketing Center for a tour of their web-based designed portal featuring thousands of layouts and millions of Getty images to help you market your bank and communicate with your customers. After the tour, Bank Marketing Center will send you these timely materials, for free! As a bonus offer, BankMarketingCenter.com will waive its monthly subscription cost through October. Schedule your tour by clicking here.

 

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Tabletop Exercise Package for COVID-19 Recovery Available

Member banks are encouraged to make use of a key planning tool released recently by the Cybersecurity and Infrastructure Security Agency (CISA). The agency’s COVID-19 Recovery CISA Tabletop Exercise Package (CTEP) is an adaptable, discussion-based resource that takes participants through the process of responding to hypothetical scenarios regarding COVID-19 and its ongoing effects, including the issue of a potential “second wave.” Access the resources here.

 

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Sands

The BSA Experience - Only five seats left!

Please join us as The BSA Experience returns Aug. 24-27, 2020, by popular demand at Lanier Islands Legacy Lodge, Buford. We're moving ahead with an in-person format in response to member feedback and in working with the hotel to ensure appropriate health and safety protocols. One thing we have done is to reduce the maximum attendance to 30, so there are only five seats remaining. Claim yours today! Terri Sands, founder of Secura Risk Management, is teaming up with the GBA to bring you a BSA program taught by BSA officers and experts on applicable and emerging topics. The program uses different learning styles to better equip each participant to get the most out of the school through instructor-led training, utilizing interactive methods including case studies, quizzes, small group discussions, and demonstrations of internal controls, reporting and other types of leading business practices. See the full list of topics to be covered here, and secure your spot by registering here.

 

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2020 BankPAC Campaign Kicks Off, Activity Strong Already

The 2020 BankPAC Board of Directors is excited to announce the official kickoff to this year’s campaign! CEOs should have received the brochure this week along with an authorization card to be signed and contribution forms for both the GBA StatePAC and FedPAC, among other items. This information is also easily accessed on the BankPAC page of GBA’s website. “We are more committed than ever to elevate the importance of this effort as it is in our collective interests to do everything possible to protect and promote our industry,” said BankPAC Board Chair Luke Flatt, president and CEO of AB&T, Albany. “Furthermore, many of our pro-banking, pro-business partners elected to Congress and the Georgia General Assembly are in need of our support going into this fall’s election. We are 100% focused on helping to elect those candidates who support Georgia’s banks, and your contributions help cement GBA's effectiveness in being the resource elected officials turn to for credible, factual information about our industry,” he added.

 

As a result of the BankPAC request coupled with GBA dues earlier this summer, the campaign is off to a great start. Here is a list of those banks contributing to the GBA StatePAC and those banks whose eligible employees, officers and directors contributed to the GBA FedPAC. With questions, call Elizabeth Chandler at 404.420.2027.

 

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Deadline to Order Georgia Peanut Bank Week Supplies is Aug. 14

GBA and our friends at the Georgia Peanut Commission (GPC) want to remind everyone that the deadline to submit orders for Georgia Peanut Bank Week supplies is Aug. 14. Georgia Peanut Bank Week is Oct. 12-16. If you have any questions about Georgia Peanut Bank Week or placing your bank’s order, please contact GPC’s Bank Week Coordinator Jordan Lunsford at jordan@gapeanuts.com or 229.386.3502. Click here to download an order form.

 

Other Georgia Peanut Bank Week Supplies:

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Stewart

"The Girl Banker"

New Program

Women in Banking Virtual Series: Conversations and Connections for Empowerment

We’re excited to announce the Women in Banking Virtual Series: Conversations and Connections for Empowerment, a series of six virtual sessions held live each month beginning Sept. 15. Brought to you by GBA and the North Carolina Bankers Association (NCBA), this series is intended to inform, enlighten, and re-energize our women bankers. ABA Chair Laurie Stewart, President and CEO, Sound Financial Bancorp., Inc., Seattle, will kick off the series. Stewart's story is amazing. Her banking career started as a teller. She ran a tiny credit union and led its conversion to a mutual bank and then to a publicly traded company. She has been named Community Banker of the year by American Banker. And, she’s the current Chairman of the American Bankers Association. Other speakers will include Natalie Bartholomew, better known to our Women in Banking Conference attendees as The Girl Banker - hooray! Dr. Melissa Furman, Founder/Consultant with Career Potential, LLC, who was a huge hit at last year’s WiB Conference; and Cassandra “Cassi” Chandler, well-known to North Carolina's female bankers. Click here to read about Chandler; her accomplishments are too numerous to list here! And two other sessions are being developed now. Per person registration will include six (6) live Zoom sessions with optional casual peer networking time afterward, and a discount will be available when three or more register from the same bank/company. Sessions will be available on-demand if you miss any along the way. Registration will open on Monday, and additional details will be shared then, so watch your email early next week. Contact Kathy Friestad with questions.

 

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Human Trafficking Webinar Available On Demand

We had a solid crowd participate Wednesday in the live webinar from GBA Associate Member Stout about Human Trafficking Awareness for Georgia’s Community Banks. Stout’s Jesse Morton, Scott Rosenbaum and Nichole Griffin spent an hour covering the issue in depth. Information included the scope of the variety of human trafficking activities in Georgia, red flags in banking transactions that could indicate trafficking activities, and training activities that are helpful for staff members. Thanks to the Stout team for making this resource available at no charge for members. For those who were not able to join the live webinar, you may access a recording of the session here.

 

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Input Requested for Study on Cannabis Industry Banking

The Bretton Woods consulting firm is doing a research project about the availability of financial services to legal cannabis industry businesses. They’ve asked for GBA member input, and have agreed to share the resulting white paper report about the findings and comparing the issues from the banker’s perspective to another survey which is being conducted with businesses in the legal cannabis supply chain. Participate here.

 

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Resource for Helping Financial Caregivers

The CFPB’s Managing Someone Else’s Money guides are now available in formats that allow co-branding with your bank’s logos. The guides are resources to help the millions of Americans who manage money and property for a loved one who is unable to do so independently. You can print the co-branded guides and distribute them to customers or make the co-branded PDFs available for download on your website. Get all the details here and access the files for download.

 

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GBA Endorses Auction Services of Swainsboro-based South Auction

GBA is pleased to announce its endorsement of the auction services offered by Swainsboro-based South Auction. South Auction has held auctions all over the country. In business for over 20 years, they have become a trusted resource for banks, attorneys and individuals in need of auction services. Owner Rusty Lane leads the South Auction team with support from operations director Brent Stephens, real estate auctioneer Joe Lanier, and personal property auctioneer/business liquidation specialist Alex Grovenstein. South Auction can work with your bank to find creative solutions for bank-owned assets, and they can be a resource for your clients who may need to sell assets quickly to protect their equity in real property. Rusty, Joe and the entire South Auction team are enthusiastic supporters of the banking industry and GBA. We’re thrilled to have them onboard as GBA Strategic Partners, and we hope you’ll give them a look if you need auction services this year. To learn more about South Auction, click here. Contact South Auction’s Joe Lanier with questions at joe@southauctiongroup.com or 478.455.1861. Read some of South Auction’s 5-Star Reviews online here.

 

The South Auction Team

 

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Pry

Compliance Conference - Carl Pry to address Marketing & Advertising Compliance

The GBA Compliance Conference, a three-day event, will be Oct. 21-23 at a brand-new location, Lanier Islands Legacy Lodge, Buford. We are pleased to add a 2-hour session on Marketing & Advertising Compliance. Carl Pry, CRCM, CRP, Managing Director, Treliant Risk Advisors joins our strong line-up of speakers and will address marketing and advertising compliance requirements. The agenda includes updates from Washington and CRA Modernization, a leadership session, a fraud session along with a fraud panel discussion and much, much more. Click here to access the agenda. Click here to register and click here for hotel information. If you have questions, contact GBA’s Alison Moreau, 404.420.2034.

 

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Fall BankPAC Golf Classic on Our Calendar - Is it on Yours?

We’re looking forward to seeing GBA members in October as we gather for a round of golf at the River Forest Club in Forsyth on Oct. 21 for Leadership GBA’s annual Georgia BankPAC Golf Classic. All proceeds go to the GBA StatePAC,* so we encourage you to attend - invite your customers, prospects, directors, legislators and other fellow golfers to spend the day with you and your banking colleagues. It’s just $275 for a two-person team or $175 per individual golfer. Build your team or we can take care of it for you! Or, take advantage of our special offer of $500 for a two-person team AND hole sponsorship. Click here to register online. If you don’t know who your teammate will be, we can get that information from you closer to the event time. Not a golfer? That’s OK. You may show your support of the PAC through a sponsorship, with opportunities ranging from $250 - $1,000. Sponsors will be recognized on on-course signage, at the event, and in GBA publications and website. Click here for the sponsorship form or contact GBA’s Kathy Friestad.

 

* The GBA StatePAC contributes only to candidates running for state-level office such as the Georgia General Assembly, the Governor’s office and the Lieutenant Governor’s office. Contributions can be made from an individual, from bank funds if you are a state-chartered bank or from a national bank holding company if the contribution is made from funds other than those resulting from the operations of the national bank.

 

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Jones

Less than two weeks away!

Three-Part Webinar: Opening New Accounts in Georgia

Don’t miss your bank’s chance to attend our three-part webinar series on the topic of opening new accounts. This presentation is customized to Georgia law and provides answers to the most complicated and challenging questions asked by customers and employees. Suzie Jones is an expert presenter who takes technical information and makes it interesting and applicable. The detailed and comprehensive PDF of Suzie’s PowerPoint presentation is included in the registration, customized to state law, and serves as an invaluable resource for bankers across the state. A comprehensive 200+ page Opening New Accounts and Documentation Compliance manual, also customized to Georgia law, is separately available for a discounted purchase price for GBA webinar participants.

  • Aug 4, 2020, 1 p.m. - 3 p.m. - Personal/Consumer Accounts

  • Aug 5, 2020, 1 p.m. - 3:30 p.m. - Business Accounts

  • Aug 6, 2020, 1 p.m. - 3 p.m. - Trust and Fiduciary Accounts

Click here to register your bank. With questions, contact Jenna Lynn Warner.

 

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Loan Documentation Seminar - Sept. 16

This training was cancelled in the spring due to COVID-19 so we’re happy to bring it back this fall! To help your bank prevent loan losses through the implementation of proper loan structuring and documentation techniques, GBA is hosting a Loan Documentation Seminar on Sept. 16 at Middle Georgia State University in Macon. A faculty member of the Georgia Banking School with more than 35 years of industry experience, Mike Allen of Cadence Bank will address a range of documentation topics including real estate specifics and residential construction lending. Commercial loan officers, commercial loan personnel, loan assistants and closing specialists alike will benefit from this seminar. Click here to register. With questions, contact Jenna Lynn Warner.

 

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Konarik

The IRA Merry-Go-Round is back, as a Webinar!

GBA’s most popular seminar is now available as a webinar. Join Patrice Konarik, Sunwest Training Corp., and attend the two-day IRA Merry-Go-Round Webinar: Basic & Advanced Issues from the convenience of your own office via Live Streaming Video as it happens on Aug. 25 and 26 (10 a.m.-5 p.m.) or at your own convenience with six months of OnDemand playback. This will allow more bankers to attend at once, avoid the necessity of travel and extend availability of the training for every member of your bank's staff.

 

If Patrice said "What a year!", that would be a huge understatement about all the changes in the world, and that includes how managing a bank's IRA offerings has been affected! The SECURE Act that was signed into law at the end of 2019 became effective on Jan. 1, 2020, bringing lots of changes to IRAs – some good and some not-so-good. Then COVID-19 totally changed our "normal" to "What the Heck?" In March 2020, the CARES Act was signed into law to give everyone financial relief due to the stock market going down and the unemployment going up.

 

You will also receive your favorite tool - the 275-page 2020-2021 Sunwest Training Corp’s IRA Training and Reference Manual to download and print. It’s not only full of easy-to-follow IRA information, but also lots of cheat sheets and quick reference tools to get you through your day-to-day tasks of dealing with your IRA customers.

 

Whether you are looking to gain basic knowledge of IRAs, raise your comfort level or sharpen your skills with the most up-to-date rules and regulations, this two-day format will cover everything!

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UCC Rules, ACH Update, Advertising Compliance and More

There’s an informative lineup of webinars coming up in the next week. Here are some of the topics.

Check the full calendar here for dates, times and more programs. With questions, email events@gabankers.com.

 

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Recruit, Retain and Develop the Best Bankers with GBA Career Solutions

 

GBA Job Bank - GBA will post open positions, free of charge, for GBA members. See the open positions in Georgia here. We will also post professional summaries for bank-job seekers on our Bankers Available page. To make the process easy and answer any questions, we've developed this Q & A. Please contact Katina Prokos, 404.420.2021.

 

GBA Strategic Partner BankTalentHQ - The central feature of BankTalentHQ is its national bank-job board. Other key benefits include: resume search access, regional and national reach for your open positions, frequent special offers and custom sales/coaching programs. Visit BankTalentHQ to learn more. See the open positions in Georgia here, or search regionally or nationally here.

 

GBA’s Career Paths for Bankers™ - GBA’s Career Paths for Bankers™ is the most unique, organized and easy-to-use career development resource available for bankers and banks. GBA’s pioneering career development resource is unlike any other in the banking industry. Click here to start mapping your banking career today.

 

Why do people choose careers in banking? Whatever their talents, interests and educational background, there is a career in banking for them. Here are few good reasons to share with folks you know.


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 Katina Prokos and David Oliver, or if your company would like to sponsor this content, let us know. Here's our latest installment:

 

Griffin - First National Bank of Griffin

The bank last week announced the inaugural recipients of the John and Virginia Newton Scholarship in a ceremony at the bank’s main office. The recipients are David Morales of Griffin High School, who intends to pursue a degree in mechanical engineering from Georgia Tech, and Tim Brooks of Spalding High School, who will pursue a degree in social work from the University of Georgia. The scholarship honors the Newtons’ service to the community through banking, business and benefaction. Mr. Newton served as CEO of Dundee Mills and as chairman of the board of First National Bank of Griffin. A Newton family member recently established the local scholarship fund to honor this legacy. Pictured with this year’s recipients are members of the scholarship committee: L-R: Jeff Rooks, local CPA; Sarah Jones, local realtor; Morales; Brooks; and Chuck Copeland, bank president and CEO.

 

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Newsmakers

 

Blue Ridge - United Community Advisory Services

Alex Neal has joined the team as a LPL Financial Advisor. Neal will assist clients in the Blue Ridge and McCaysville areas with investments, insurance and retirement planning. Read more here.

 

Gainesville - Pinnacle Bank

Neal Booth has joined the bank as a Senior Vice President, Market Executive for Gainesville-Hall County. Read more here.

 

Tupelo, MS - Renasant Bank

Renasant Corporation on Monday announced that James C. Mabry IV will join the company as Executive Vice President and Chief Financial Officer on Aug. 1. Mabry will also oversee the company's mergers and acquisition activities and its investor relations. Kevin D. Chapman, who has been serving as both Chief Operating Officer and Chief Financial Officer since May 2018, will remain in his role as the company's Chief Operating Officer and will continue to oversee the company's strategic planning.

 

Columbia, SC - Main Street

Sales Executive John Stringfellow is celebrating his 10th work anniversary in check sales to community banks in Georgia. Based in Columbia, SC, he covers the Georgia area for the company.

 

 

Neal

Booth

Mabry

 

 

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 Katina Prokos.

 
 

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