April 8, 2022 

Wilson, Barber, Perry Nominated to GBA Statewide Offices

Rhodes McLanahan to Assume Chairmanship

The GBA Nominating Committee has met and according to its Chair, Spence Mullis, president and CEO, Morris Bank, Dublin, the committee unanimously recommends the 2022-2023 GBA Chairman-Elect be Kimberli (Kim) D. Wilson, president and CEO, OneSouth Bank, Blakely. Nominated as Vice Chairman is Brad E. Barber, president and CEO, First National Bank, Bainbridge. Timothy M. Perry, president and CEO, The Citizens Bank of Georgia, Cumming, is the nominee for a three-year term as Secretary-Treasurer. “GBA’s community of bankers and banking-industry professionals will be in good hands with Kim, Brad and Tim. They’re strong leaders, well respected by their peers and have aleady given many years of service to the GBA,” Mullis said. As the current Chairman-Elect, C. Rhodes McLanahan, president and CEO, First American Bank & Trust Company, Athens, automatically becomes 2022-2023 GBA Chairman July 1.

 

McLanahan

Wilson Barber Perry

 

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New Board and Governance Structure Adopted

The GBA Board of Directors has adopted recommendations from a Board subcommittee that worked during the past year to modernize the association’s Group representative structure. The reorganization affects the counties covered by each GBA geographic group and the length of the terms for Board members. The new structure creates three groups representing the North, Central and South areas of Georgia, with equal numbers of banks chartered in each Group, approximately 60 banks each, reflecting GBA’s current membership. Each Group will have three representatives on the Board from banks headquartered in the Group, and the bankers will serve staggered three-year terms. Each of the three Groups has a Nominating Committee comprised of the bankers representing the Group on the Board with the banker whose term is expiring serving as chair. The CEO of each bank within the Group will be asked to vote on the nominee. Current board members whose terms extend beyond June of this year will continue to serve until they have completed a three-year term. New board members needed to fill vacant spots in each group based on the new structure have been elected for three-year terms beginning in July (see below). GBA Chairman-Elect Rhodes McLanahan, First American Bank and Trust, chaired the Organizational Task Force that recommended the changes, with Kim Wilson, OneSouth Bank, serving as vice chair. Also serving were past GBA Chairmen Rick Drews, Century Bank of Georgia, and John Hall, American Pride Bank, as well as Parrish Clark, Guardian Bank, and David Coxon, Georgia Primary Bank. Other GBA boards and committees will transition to reflect the new group structure, as well. With questions, contact Joe Brannen, 404.420.2026.

 

GBA Group Map

Member Banks and new GBA Groups

 

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New Board Members Elected

As specified by the GBA Bylaws, the membership elects directors to represent GBA’s North, Central and South Groups. The following bankers, elected by their peers, will begin a three-year term on the GBA Board of Directors beginning July 1, 2022:

  • North Group: Charles DeWitt, president, Tandem Bank, Tucker

  • Central Group: Walker Jordan, president and CEO, Bank of Monticello, Monticello

  • South Group: Brent Sammons, president and CEO, Altamaha Bank and Trust Company, Vidalia

 

DeWitt

Jordan

Sammons

 

The incoming Chairman also makes an At-Large appointment each year for a three-year term. Rhodes McLanahan has appointed Al McRae, Atlanta market president, Bank of America.

 

Greg Eiford, president and CEO, TC Federal Bank, Thomasville, will serve on the board representing the GBA Community Bankers Committee as its chair. John Barker, president and CEO, First Bank of Pike, Molena, will serve on the Board in the position designated for the chair of GBA Services, Inc.

 

As incoming chair of the Leadership GBA Board, Candice Nanney, Peach State Bank & Trust, Gainesville, becomes that group’s representative on the GBA Board of Directors.

 

McRae Eiford Barker Nanney

 

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Legislative Session a Wrap

The Georgia General Assembly session begins each January as a 40-day marathon but usually ends in a final-day sprint, and this year was no exception. GBA’s advocacy team followed more than 100 pieces of legislation during this year’s session that ended April 4. In case you missed it, here’s a link to the final GBA Legislative Update of the session that has a summary of all the important legislation and action.

 

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DOR Delinquent Taxpayer Data Match Initiative

We’ve finished gathering recommendations from stakeholders to suggest changes to a memorandum of understanding banks were asked to sign by the Georgia Department of Revenue to implement their new mandatory data match program for delinquent taxpayers. Coordinating the response is the chair of our Bank Counsel Section, John Willis at Nelson Mullins. We’re also working closely with Bo Fears, Deputy Commissioner for Legal Affairs at the Georgia Department of Banking and Finance, who is helping set up a meeting with the DOR lawyers to discuss our concerns. For now, we recommend you hold off signing the MOU until we know more. With questions, contact Joe Brannen, 404.420.2026.

 

Willis

Fears

 

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Action Alert

Keep up Opposition to Credit Union Charter Enhancement

Congress is considering legislation allowing credit unions to expand their membership and business lending capacity. Please be a part of member banker advocacy encouraging your member of Congress to reject this legislation. In particular, the legislation lacks a requirement for credit unions to prove their service to underserved communities. Act now to contact your member of Congress. In addition, GBA joined with all the other state bankers associations in the country in writing a joint letter to Reps. Waters and McHenry opposing the expansive bill. Click here to read the letter.

 

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Welcome GBA’s Newest Associate Members

GBA Associate Membership is offered to individuals and organizations that want to do more business with banks as clients. Today, over 220 Associate Members are taking advantage of business development opportunities and affordable access to the latest news and events in Georgia's banking industry, all for only a little more than $2 a day. These members also provide invaluable support to GBA’s activities and programs throughout the year through attendance, sponsorships, exhibits and shared expertise. Be sure to get to know them and thank them for their support of GBA. You can get information about any of GBA’s Associate Members by using the Associate Member search function on our website. Click any of the links below to learn more about each member, and please consider these banking industry supporters if you have a product or service need, they provide. For additional information, contact Bo Brannen, bbrannen@gabankers.com. 404.420.2014.

 

 

BIO-key

Mr. Brian Farrell, brian.farrell@bio-key.com

Wall, NJ

www.bio-key.com

BIO-key is a trusted provider of Identity and Access Management (IAM) and Identity-Bound Biometric solutions that offer an easy and secure way to authenticate the identity of employees, customers and suppliers while managing their access across devices and applications.

 

 

Community Bankers Bank

Ms. Rose J. Washofsky, rwashofsky@cbbonline.com

Midlothian, VA

www.cbbonline.com

Community Bankers Bank (CBB) is owned and directed by independent community banks. CBB offers a full suite of credit, cash management and investment services. Through its Strategic Alliances, CBB provides an E-Payables solution, check vendor negotiations, core contract consulting, ATM services and AML/BSA compliance.

 

 

Dodgen Security Consulting

Ms. Carol Dodgen, carol@dodgensecurity.com

Birmingham, AL

www.dodgensecurity.com

Dodgen Security Consulting services include training, vulnerability assessments, and ATM lighting and landscape surveys. Their security training videos are used by financial institutions and companies worldwide to provide security training for their employees.

 

 

EmpowHR

Mr. Myron Blackmon, myron.blackmon@empowhr.com

Atlanta, GA

www.empowhr.com

Software and services to enable employee benefit plan enrollment and administration and to provide integration of HR-related software systems for employers.

 

 

Liberty Technology

Mr. Ben Johnson, ben@libertytech.net

Griffin, GA

www.libertytech.net

Liberty is uniquely positioned to deliver on the most advanced, comprehensive and secure platform-based technology solution to organizations big and small. Their business operating system ensures organizations stay productive and secure.

 

National Protection Firm

Mr. Bobby Huggins, bhuggins@nationalprotectionfirm.com

The Villages, FL

www.nationalprotectionfirm.com

National Protection Firm (NPF) is a licensed & insured agency headquartered in the greater Tampa Bay area. NPF offers a range of security, risk assessment, risk mitigation, emergency management and business continuity management planning services individually tailored for each client. Services of specific interest to banks include security guard services, consultation and business training (active shooter, etc.).

 

 

OinkChing Inc.

Mr. Andrew Scholtens, andrew.scholtens@oinkching.com

Marietta, GA

www.oinkching.com

Financial Literacy for Adults(B2C), Customer Intamacy, Customer Experience, and Lead Generation for Banks(B2B).

 

 

OttoMoto

Ms. Carol Docalavich, carol@ottomotoapp.com

Cumming, GA

www.ottomoto.net

OttoMoto is a financing platform that connects auto dealers and consumers with small to medium lenders, automating the lending and leasing process.

 

 

Primax

Mr. Brad Bates, bbates@primax.us

Saint Petersburg, FL

www.primax.us

Primax provides community banks with payment processing services and other value-added technology and solutions. Primax’s customizable solutions, including risk management, mobile and online card management, data and analytics, loyalty programs, marketing, strategic consulting, delinquency management and contact center services.

 

 

The Cruise & Vacation Authority

Mr. David Bittner, david@tcava.com

Marietta, GA

www.tcava.com

The Cruise & Vacation Authority offers travel club programs for community banks. The purpose of these loyalty clubs is to retain current customers as well as attract new ones. Banks which offer these travel clubs have found that they accomplish these goals as well as help market a wide array of banking services to clients.

 

 

Tower Community Bank

Mr. Joe Kauffman, joe.kauffman@towercommunitybank.com

Jasper, TN

www.TowerCommunityBank.com

Tower Community Bank, headquartered in Jasper, TN, offers commercial banking, mortgage and insurance products.

 

 

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Dorfman

Rural Development and Lending Conference May 19-20

What’s the Outlook for Ag Economy?

Georgia’s state fiscal economist also happens to be an ag economy expert, so we’re excited Jeffrey Dorfman will address our upcoming conference with an update on the latest trends affecting agribusiness. Dorfman says input and output prices have mostly been soaring, so keeping up with profit margins is tricky. And, he notes that lenders need to pay closer and more frequent attention to the credit worthiness of their borrowers in times such as this, and he will talk about how to do that. GBA’s Rural Development and Lending Conference May 19-20 at the King and Prince on St. Simons. Other sessions include crop and crop insurance insights, a technology update and how Georgia’s ports support the state’s agriculture economy. Get more details and register here.

 

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Stovall

Leadership Conference

Session Highlight: S&P’s Nathan Stovall on How Inflation Will Impact Community Banks

We’ve got great educational content coming your way this summer at the Leadership Conference, July 11-13, at the Ponte Vedra Inn & Club in Ponte Vedra, FL. Here’s one to look forward to: Nathan Stovall, principal analyst, FIG Research with S&P Global Market Intelligence, will discuss how inflation is affecting community banks. As Stovall notes, while our economy continues to recover from the depths of the pandemic, elevated inflation and Russia’s invasion of Ukraine cloud the outlook. Stovall will discuss how higher interest rates and inflation will impact the competitive landscape and community bank profitability and share his proprietary community bank projections. Click here to explore the conference website and to register. Click here for a rooms update; oceanfront rooms are still available at The Lodge & Club. A big thanks to our sponsors: Aubrey Thrasher, LLC; CRS Data; CSRA Business Lending; Elliott Davis; FHLB Atlanta; First National Bankers Bank; Holmes-Shaw Agency; Mauldin & Jenkins, LLC; McNair, McLemore, Middlebrooks & Co., LLC; Pearl Meyer & Partners, LLC; Point to Point Environmental; Qualtik; ServisFirst Bank, Correspondent Division; Steve H. Powell & Co.; Troutman Pepper Hamilton Sanders, LLP, and Wipfli, LLP. Questions? Contact GBA’s Kathy Friestad.

 

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Track Overdraft Policy and Pricing Changes with an Online Dashboard and Survey Results from GBA Partner StrategyCorps

Banks are examining overdraft fees in a new light, and GBA partner StrategyCorps has set up a one-stop-shop online for you to monitor these changes on a page you will definitely want to bookmark. If you're interested in hundreds of bankers' first-hand experiences and perspectives on what they're thinking about and planning to do regarding the changing overdraft landscape, download StragegyCorps’ most recent survey results "Getting Over and Beyond Overdrafts" while you are there. StrategyCorps’ Overdraft Watch Research page may be found here. The report will show the many ways some banks are changing their programs like adding longer grace periods, giving more warning notifications, and reducing or even eliminating overdraft charges. StrategyCorps can provide good insight into increasing consumer-friendly revenue to fill gaps in declining non-interest income. To learn more about how StrategyCorps can help, contact Ryan Harbry at ryan.harbry@strategycorps.com or 404.819.1438.

 

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Compliance Alliance Question of the Week

 

Question: Is the Bank required to report SBA loans to the credit bureaus? 

 

Answer: The SBA Standard Operating Procedures do set out requirements to report SBA loans to credit reporting agencies, starting on p. 28 here:  

 

"...2. Reports to Credit Reporting Agencies  

In accordance with the Debt Collection Improvement Act of 1996, Lenders are required to report information to the appropriate credit reporting agencies whenever they extend credit via an SBA loan. Thereafter, they should continue to routinely report information concerning servicing, liquidation, and charge-off activities throughout the life cycle of the loan. (See Chapter 26 for more information regarding credit reporting requirements for loans in charge-off status.)..."

 

Click here to read more and visit www.compliancealliance.com for more helpful Q&A resources.

 

 

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Call Report Seminar Next Week, Lending and Info Security Coming up

Register now for these in-person seminars to help sharpen your skills:

  • Finance: GBA’s Call Report Seminar April 13 will walk participants through a detailed line-by-line review of the commonly completed Call Report schedules with helpful tips for reporting individual items. Michael Gordon and Kris Trainor of Mauldin & Jenkins are our experts.

 

  • Lending Focus: Loan Documentation Seminar - April 27: Mike Allen leads this one. Participants will receive a detailed line-by-line review of the commonly completed Call Report schedules with helpful tips for reporting individual items

 

  • Info Security: At our Information Security Officer Seminar April 27, Safe Systems’ Tom Hinkel will explore exam expectations and how the pandemic changed the ISO function (sponsored by Safe Systems)

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Overdraft, OFAC Russia Sanctions, Coaching Tellers and more

Here’s a sampling of upcoming webinars.

See the full slate of upcoming webinars here.

 

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

 

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 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’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.

 

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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:

 

Richmond Hill - Great Oaks Bank

The bank announced it will be hosting a free Community Shred Day on May 6 from 9-11 a.m. at its Richmond Hill office, 42 Town Center Drive, in an effort to improve document security and information protection for people in the community. Read more here.

 

 

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Newsmakers

 

Atlanta - Truist Securities

Truist Financial Corporation and Braves Development Company this week announced that Truist Securities, Truist's full-service corporate and investment bank, will relocate its national headquarters to a new Class A building to be constructed in The Battery Atlanta, adjacent to Truist Park, home of the Atlanta Braves. Read more here.

 

Bremen - American Commerce Bank

Jackson S. Johnson has joined the bank as senior accountant. Read more here.

 

Claxton - The Claxton Bank

Our sympathies to the family, friends and colleagues of Banking Officer Bryon Nelson, who died on March 24. Click here to read more in Nelson’s obituary.

 

Clayton - Rabun County Bank

Ashley Downs has joined the bank as lender in its main branch.

 

Lawrenceville - Embassy National Bank

The bank this week announced its new president, Steven F. Smith. Read more here.

 

Richmond Hill - The Claxton Bank

Chris Raiford has joined the bank as vice president, commercial lender and city leader for its Richmond Hill loan production office. Read more here.

 

Valdosta - Commercial Banking Company (CBC Bank)

Lowndes Bancshares, Inc., the parent holding company of Commercial Banking Company (CBC Bank), this week announced the acquisition of The Citizens National Bank of Quitman. Read more here.

 

Nelson Downs Raiford

 

 

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 Katina Prokos.

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