August 12, 2022 

Two-Pronged Advocacy Against Durbin Card Routing Bill

GBA this week voiced strong opposition to the bill in the U.S. Congress to create new credit card routing mandates. In a joint letter to Georgia Senators Ossoff and Warnock, GBA, CBA of Georgia and the Georgia Credit Union Affiliates outlined the potential pitfalls of the bill. We noted how the proposed legislation would increase cost and complexity for financial institutions, erode security for consumers and not reduce costs passed on to consumers by merchants. “There’s no evidence those merchants have passed on savings as promised for changes mandated for debit card routing by prior legislation, and consumers are, in fact, harmed by reduced network quality, reduced consumer protections, and reduced security,” the letters to our senators say. In another letter opposing the legislation by GBA and state banking associations from around the country to U.S. House and Senate leadership, we define how the bill will result in “fewer options for consumers, greater threats to consumer data and privacy, weakened community banks and credit unions, and the disappearance of card rewards programs that families of all income levels use to stretch their budgets.” Read the joint associations’ letter here. We urge members to share their concerns about the bill, The Credit Card Competition Act, S.4674, by Sens. Roger Marshall (R-Kan.) and Dick Durbin (D-Ill.), as well, and you can do so here.

 

Back to top of E-Bulletin


Women in Banking Conference Underway

The signature event in Georgia focused on leadership and development for women bankers kicked off Thursday. We’re excited to be hosting a huge crowd for the two-day GBA Women in Banking Conference. Here are some quick pics of Thursday’s action. We’ll do a full debrief in next week’s issue.

 

 

Back to top of E-Bulletin


Page

GBA Member Profile

Embracing Change and Leading by Example Two Keys to Success for Jackie Page

During her 40-plus-year career in banking, First National Bank of Griffin COO Jackie Page of has seen plenty of change. She learned early on that the best way to make it in the banking industry is to embrace those changes head on. She also was taught the importance of leading by example when it comes to managing employees. Page serves on the GBA’s Women in Banking Committee. Check out Page's full GBA Member Profile here to learn more about some of her favorite professional stories and pastimes.

 

 

Back to top of E-Bulletin


GBA Bank Accountant Board

Bank Accountant Section Board Meets

Our volunteer board of bank accounting pros met last week for a check in and program planning. The GBA Bank Accountant Board, chaired by Doug Mims of Carr, Riggs & Ingram, reviewed key accounting trends for banks and mapped out the agenda for the 2022 GBA Bank Accountant Conference coming up Sept. 25-27. Among the topics discussed were full CECL implementation taking effect Jan. 1, the request by regulators for comment on an updated policy statement about accommodations and workouts for commercial real estate loans to borrowers experiencing financial difficulty, and counseling clients on eligibility for employee retention tax credits. The conference will feature its annual roundtable session of all things bank accounting as well as time to join the general sessions of the GBA President/CEO and Bank Counsel conferences that will also be in session. The Bank Accountant Conference is open to member bank accounting professionals and partners and associates working for Associate Member accounting firms. With questions contact Kathy Friestad, 404.420.2024. Get more details and register for the conference here. Although our room block at the hotel is full, we are working through a short wait list in hopes of accommodating everyone.

 

Back to top of E-Bulletin


Act Fast!

Seats Available for Popular GBA Senior Lender Roundtables

We have openings available for new participants in our Senior Lending Officer Roundtables that meet three times annually. There are two groups that meet in Macon, and two groups that meet in Atlanta. The first meetings of the 2022-23 program year are scheduled for Oct. 24-27. If you’re interested in a seat, see all the details here and let us know about your interest. Priority registration is open for current roundtable members through Aug. 19, and we’ll place new members in tables until they reach capacity. We work with the current members and facilitators to place new members to avoid conflicting areas of coverage as best possible. With questions, contact David Oliver, 404.420.2036.

 

Back to top of E-Bulletin


Save the Date – Oct. 13

South Georgia Community Bank Symposium Coming to Valdosta

We’re headed back to campus this fall for the return of the South Georgia Community Bank Symposium. The event, co-hosted by GBA and Valdosta State University’s Harley Langdale Jr. College of Business Administration, will be Oct. 13, from 10 a.m. – 2:30 p.m. at the Valdosta State University Student Union building. We’re firming up the agenda, but already confirmed as guests are Melissa Sneed from the Georgia Department of Banking and Finance for a supervisory update and Jonathan Hightower of Fenimore Kay Harrison to talk strategy. We’ll also have key representatives from Valdosta State on the program for their insights on economic and business conditions as well as ways for bankers to connect with the university and students. Registration will open soon, but mark your calendar now. With questions, contact David Oliver, 404.420.2036.

 

Back to top of E-Bulletin


White

Compliance Conference - Oct. 19-21

Join your fellow Compliance professionals Oct. 19-21 for our annual Compliance Conference at The Westin Jekyll Island. Here's what Compliance Committee Vice Chair Tabitha White, First State Bank of Blakely, had to say about the experience:

 

"I look forward to the GBA Compliance Conference each year. It’s simply the best! It’s a valuable experience where we are able to network with other compliance professionals as well as gain insight to the current trends in the compliance world. The atmosphere is top notch and the speakers are always excellent. The knowledge gained and relationships made are priceless. Attendance to the conference will only strengthen a compliance pro’s work life."

 

Visit the conference website here for more details about all the sessions on the agenda, our hotel and to register. A big thank you to our confirmed conference sponsors. Gold Sponsor: Ncontracts; Silver Sponsors: Mauldin & Jenkins, Warren Averett CPAs and Advisors and Wipfli. Sponsorships are still available. We also have a few slots left for exhibitors.

 

Special for GBA participants: CRCM credit applied for at no additional cost!

 

Back to top of E-Bulletin


GBA BankPAC 2022 Campaign Update

The GBA BankPAC has been busy raising money as well as using those funds to support candidates who support banking! With the general election coming up in November, this process is in a critical stage. Here are the materials needed to assist you in contributing to the StatePAC (contribution may be from your state-chartered bank or holding company if a national bank) and the FedPAC (must come from eligible individuals – directors, officers and salaried employees.) Using a payroll deduction  method for individual contributions is an option to consider. With questions, please call Elizabeth Chandler at 404.372.7893. Thank you for considering this worthy effort that benefits the whole industry!

 

Contributing to the GBA StatePAC in the last week include the following banks:

  • American Pride Bank, Macon, John Hall, President & CEO

  • Great Oaks Bank, Eastman, Mike Odom, President & CEO

  • Pinnacle Bank, Elberton, Jackson McConnell, CEO

  • Wheeler County State Bank, Alamo, Hugh Lentile, Chairman & CEO

And, contributing to the GBA FedPAC are those eligible employees, officers and directors from the following banks:

  • Georgia First Bank, Soperton, Maury Beasley, President & CEO

  • Great Oaks Bank, Eastman, Mike Odom, President & CEO

  • Pinnacle Bank, Elberton, Jackson McConnell, CEO

  • The Citizens Bank of Americus, Rick Whaley, President & CEO

  • Crowe LLP, Eve Rogers, Partner


Don't Miss this Upcoming GBA BankPAC Event!
 

 

Back to top of E-Bulletin


New GBA Guide to Bank Record Retention is Now Online with Over 75 Recent Changes

Featuring Bank Record Retention Quick Notes©, by Carl Pry

We're pleased to announce that the updated GBA Guide to Bank Record Retention, featuring Bank Record Retention Quick Notes©, by Carl Pry, is now available for purchase. Including over 75 recent changes, the newly released edition is further streamlined to assist bankers at every level. Additions include new independent sections on Trusts & Estates and Audit, as well as numerous other relevant updates throughout the rest of this unique industry guidebook. It is designed to be a fast and easy-to-use reference for the most common types of records questions that bankers encounter in a completely online format. Please note we no longer have printed copies available for purchase and the copyrighted guide cannot be shared. The price for one user login is $125 + tax.

 

The Quick Notes refer to federal or general industry practices in six broad topic areas: General; Deposits and Operations; Loans; Securities; Human Resources; and Tax. They also contain the available requirements of FinCEN, CFPB, OCC, NACHA, IRS, SEC, FDIC, FRB and the Georgia Department of Banking & Finance.

 

We hope that you will find this to be a valuable resource to help your bank. Please contact GBA’s Bo Brannen at bbrannen@gabankers.com, to place an order.

 

Back to top of E-Bulletin


Register now!

Marinac, Piegza, Newman Confirmed for Financial Risk Management Conference Nov. 3-4

Member bankers with CFO responsibilities and other key finance team members are invited the GBA Financial Risk Management Conference at The Westin Atlanta Perimeter North, Nov 3-4. We are finalizing the agenda but have confirmed the following sessions and speakers:

  • Economic Outlook, Lindsey Piegza

  • Creating Value, Christopher Marinac

  • Swaps in 2022: Managing Interest Rate Risk in the Midst of Volatility, Bob Newman

  • Panel discussions to include Capital Planning, moderated by Jonathan Hightower; ALM Panel; Liquidity and Investments Panel, moderated by Curtis Whitaker.

Get all the details and register here.

 

Back to top of E-Bulletin


Compliance Alliance Question of the Week

 

Question: When an institution changes their privacy notice to cease sharing nonpublic personal information with nonaffiliates, does this trigger a mailing to all customers?

 

Answer: No, this will not trigger a revised privacy notice. A revised notice is required when you want to disclose any nonpublic personal information about a consumer to a nonaffiliated third party in a way that was not described in the initial privacy notice. If you make a decision to change your sharing in a way that limits what you share then a revised notice is not necessary. There is a belief in the industry that every change to your privacy policies will trigger a revised notice but a notice is only prompted by a sharing of nonpublic personal information that is outside the boundaries of what was previously disclosed. Click the following link to read more: https://www.consumerfinance.gov/rules-policy/regulations/1016/8/#a .

 

Remember, you always have access to upcoming regulatory calendar notes and all the federal regulatory news on the Compliance Alliance news page. Click the following link to Bookmark the News.

 

 

Back to top of E-Bulletin


Tips on How to Stay Cool and Safe Outdoors from GBA Wellness Partner Wellview

As temperatures continue to rise, you may be seeking the air-conditioned comfort of a gym for your exercise routine. But for those of you who just can’t get enough outdoor activity (high heat or not) check out this blog by Wellview Advisor and Personal Trainer, Heather Fuselier, for some quick tips on how to stay cool and safe!

 

Back to top of E-Bulletin


GBA Partner ODP Business Solutions Release Diverse Supplier Catalog

Our partners at ODP Business Solutions have recently released an update to their 2022 Diverse Supplier Catalog. This resource is intended to help you connect with a wide range of top-quality products offered by certified and diversely- owned suppliers and small businesses. The catalog includes more than 1,400 items in categories from office essentials and school supplies to furniture and desk accessories to technology and more. Many of these products are already on the GBA Purchasing Program Core Item list and others can be added to the bank’s 75-item custom product list. The catalog can be found here. Contact Kimberly Gilbert at kimberly.gilbert@officedepot.com or 855.337.6811, ext. 12815, to get signed up for GBA’s purchasing program.

 

Back to top of E-Bulletin


Webinars

Check Fraud Checklist, CRE Loans, Reg DD Update and More

 

Here’s a sampling of upcoming webinars. 

See the full slate of upcoming webinars here.

 

Back to top of E-Bulletin


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.

 

Back to top of E-Bulletin


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:

 

Atlanta – SouthState Bank

Team members recently paid a visit to help package meals at the Atlanta Community Food Bank.

 

Bainbridge – First Port City Bank

The bank recently presented a $75,000 gift to the Memorial Hospital and Manor as a part of the Georgia Heart Hospital Program. The gift will help enhance access to medical services in Decatur County. Read more here.

 

Back to top of E-Bulletin


Newsmakers

 

Dublin - Citizens Bank of Laurens County

The bank is pleased to announce the recent election of the following new Advisory Board Members:

  • Colby Crabb, Chief Magistrate Judge, Laurens County Magistrate Court

  • Jeff Davis, Founder and President, Alterra Networks

  • Brian Nash, CEO, Vast Telecom

  • Tim Redding, General Manager and Partner, Dublin Ford Lincoln

  • Will Smalley, Owner and Managing Member-Middle Georgia Oral & Maxillofacial Surgery

  • Trey Taylor, Partner-Daniels Taylor Law, LLC

  • Kelly Toler, Physician Assistant-Georgia Dermatology and Skin Cancer Care

Lawrenceville – Capital City Bank

Mike Jones has joined Capital City Bank as a commercial banker.

 

Moultrie – Moultrie Bank & Trust

John Peters, Jr. has been named chief lending officer.

 

Norcross – Synovus Bank

Cathy Mayne was recently promoted to operations manager.

 

Atlanta -- Georgia Bankers Association

Aimee Corcoran this week joined the GBA team as Professional Development Manager. Corcoran is responsible for GBA’s educational programs related to Compliance, HR, Marketing and Security, as well as our variety of in-person day-long seminar programs. Aimee’s contact information is acorcoran@gabankers.com, 404.420.2035.

  

Washington D.C. – American Bankers Association

Lindsay Torrico has been named senior vice president of bank community engagement and executive director of the American Bankers Association Foundation.

 

Crabb Davis Nash Redding Smalley

 

Taylor Toler Jones Peters Corcoran Torrico

 

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.

Back to top of E-Bulletin