Feb. 25, 2022  

Legislature Reaches Halfway Point

The Georgia General Assembly was in session two days this week completing Day 20 the 40-day session. Legislators are keeping an eye on March 15 which is designated as Crossover Day. That’s the day by which a bill should pass the body of origin to “crossover” and be considered by the other body. Most of the activity on bills GBA is tracking was at the committee level. Be looking for the Legislative Update we’ll publish Friday with details.

 

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Operations and Technology Conference Underway with Packed House

Our 2022 Operations and Technology Conference kicked off Wednesday in Savannah, and we’re excited to have more than 100 member bankers and Associate Members gathered together again for industry intel and networking. The conference concludes Friday, so look for more scenes from the conference and full summaries of the sessions next week.

 

 

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Georgia Banks Receive $48,570 in Distributions from American Bankers Mutual Insurance, Ltd.

$94.3 million has been declared in total distributions since 1991

American Bankers Mutual Insurance, Ltd., the reinsurer for the directors and officers (D&O), bond and cyber insurance program endorsed by American Bankers Association (ABA) and Georgia Bankers Association (GBA), declared a $3 million distribution to be shared by qualified ABA member banks insured through ABA Insurance Services, a member of Great American Insurance Group. This is the 32nd consecutive year that the industry’s leading professional liability and bond insurance provider has declared distributions to eligible ABA member banks, bringing the total to $94.3 million since the program’s inception. Banks that purchase their directors and officers, bond, cyber and related insurance from this program and are current ABA members are eligible to receive a distribution. Click here to read more. For more information, please contact Patricia Williams, pwilliams@abais.com, 410.960.6878. Coverages are available to any GBA member bank.

 

Related: GBA is proud to endorse PointeNorth Insurance Group as its preferred full-service, independent insurance agency, providing one of the broadest collections of personal and business-related insurance solutions in the Southeast. Additionally, PointeNorth serves as the primary broker for the GBA-endorsed ABA Insurance Program. To learn more, please contact PointeNorth’s Paul Halloran, paul.halloran@pninsurance.com, 770.858.7554.

 

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Kirk

CoreConnection Session Recordings Available to View Now from ABA Core Platforms Committee

Recordings from ABA's Conference for Community Bankers CoreConnection are now available online. Conceived by the banker-led Core Platforms Committee, with vice chair Kim Kirk, Queensborough National Bank & Trust Company, Inc., Louisville, CoreConnection was the first ever in-person event as part of the committee’s ongoing efforts to strengthen the relationship and dialogue between banks and the core processors. Executives including Fiserv President and CEO Frank Bisignano, FIS Chairman and CEO Gary Norcross and Jack Henry Chairman and CEO David Foss participated in the event and discussed strategy, innovation, third party integration, conversions and contracts. The recordings also include discussions from 11 other core processors, including CEOs from BrightFi, CSI, DCI, Shazam, Smiley Technologies and UFS Tech, and senior leaders from Finastra, Finxact, SAP Fioneer, TCS and Technisys . View the recordings here.

 

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The State of Coin: A U.S. Coin Task Force Report Now Available

A new paper is now available from the U.S. Coin Task Force on the state of the coin supply chain in the U.S. and the causes and effects of the coin circulation disruption that occurred during the COVID-19 pandemic. The paper identifies which factors contributed to the coin circulation disruption, including a significant drop in coin deposits since the pandemic began and lower rates of new coin production at the U.S. Mint in the early days of the pandemic. The Federal Reserve has not had an adequate supply of coin to meet financial institution demand and has begun rationing coin allocations as a result. The Federal Reserve and the U.S. Mint will use the paper as they work with a third-party consultant to review the coin supply chain and develop recommendations to improve it. In the meantime, the task force continues to encourage consumers to keep coins circulating by spending, depositing, exchanging or donating them, financial institutions to deposit excess coin inventory and retailers to accept and recirculate coins at their tills. Read the paper here.

 

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Kennedy

GBA Member Profile

The Joy of Coaching Professionals to Achieve Their Dreams with Terry Kennedy

Exchange Bank Senior Vice President, Human Resources/Business Development Terry Kennedy didn’t set out to have a career in banking, but, in her own words, she’s “so glad the stars aligned as they did.” Kennedy worked closely with Brad Serff, who was then president of Exchange Bank, at the United Way of Central Georgia and was surprised when he asked her to come in for a meeting about a marketing role that was firmly in her wheelhouse. After about 10 years leading business development, an opportunity came up to oversee the bank’s human resources function. “The board and senior management team had confidence in me and believed that I was the right person to assume this role. HR is very challenging but also extremely rewarding,” she said. “I feel a tremendous amount of satisfaction when I am able to guide employees to achieve their career goals.” The vice chair of the 2021-2022 GBA HR Committee shares about the skill that has gotten her farthest in life and work, what goes into coaching an employee for success and much more in the latest GBA Member Profile.

 

The King & Prince

Related: GBA’s HR Professionals Institute is coming up March 23-25 at the King & Prince, St. Simons. Planned by the GBA HR Committee, led by Tonya Brooks, Citizens Bank of the South, this conference is the top learning experience for Georgia bank human resources professionals. Content includes information about effective policies and procedures essential to developing, attracting and retaining team members, managing compensation and benefits programs and establishing a winning culture for their banks. Peer networking and idea-sharing flourish during the institute. HR directors and staff at all levels should attend. Get all the details and register here.

 

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Volunteer or Nominate a Fellow Banker to Serve on a GBA Committee or Board

If you are one of 300+ GBA members who serve on one of our 25 committees or boards, you know the value and benefit of being involved, in-the-know and connected. Not to mention serving your professional association by working together to promote the general welfare and usefulness of banking in Georgia. Thinking about getting more involved, but not sure how? Right now, GBA is looking for bankers and associate members to share their time and talent on one of our committees/boards (or to nominate a fellow banker or member). The time commitment for most committees and boards is very manageable and our members tell us they get so much more out of the experience than they are required to give. Take a look at all the opportunities by clicking here. You can also access the volunteer/nomination form through that link. Response deadline is April 4. Have questions? Contact GBA’s David Oliver. Also, we’ll be glad to connect you to a current committee/Board member who can answer your questions.

 

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American Mortgage Conference April 25-27

GBA is proud to be among the state bankers associations co-presenting The American Mortgage Conference this year. The conference, April 25-27 at the Pinehurst Resort in North Carolina, brings together leading experts in the financial services industry, mortgage practitioners of every kind, policy makers and investors to discuss important issues in the mortgage field and to analyze what progress is being made in Washington. Our colleagues at the North Carolina Bankers Association organize the event each year, which has become the go-to gathering for mortgage professionals nationwide. Get details and register here.

 

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Marketing Conference – March 23-25, St. Simons

Practical Info, Big-Picture Thinking, Networking and More

Our specialized conference for Georgia’s bank marketers has plenty to offer this year. Participants will hear from the following: Michael Goldberg, an expert about making sure the bank’s brand as an employer is strong; a master-class in bank brand trends from FMS’ Sean Hockenbery; and an industry/advocacy update from GBA’s Joe Brannen. We’ll also have two peer idea exchanges to ensure plenty of best-practice sharing and helpful connections so important marketing pros. First National Bank of Griffin’s Andrea Griffin chairs the Marketing Committee, which developed the agenda. Get details and register here.

 

Goldberg Hockenbery Brannen

 

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Griffin

2022 Security Conference - April 11-13, St. Simons

Georgia's Premier Conference for Bank Security Pros Coming Up Soon

The 2022 Security Conference is April 11-13 at the King & Prince, St. Simons. The GBA Security Committee, led by David Griffin, Colony Bank, is putting the final touches on the agenda for Georgia’s premier conference for everyone who has bank security responsibilities. Here’s an overview of session topics:

  • Policies & Procedures Workshop

  • ATM Crimes

  • Technology Trends Panel Discussion

  • Elder Fraud Update

  • Business Email Compromise

  • Legal Session

  • Internal Fraud Investigations

Get available details and register here. With questions, contact Alison Moreau, 404.420.2034.

 

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Four Powerful Financial Education Campaigns

We encourage GBA members to participate in a variety of financial education campaigns throughout the year, and we support four strong campaigns run by the ABA Foundation. The campaigns and resources are free to all bankers and provide all the tools you and your team members need to support your local outreach. Details at the links below. 

There is access to these and many more programs and resources on GBA’s website under the Member Center dropdown menu, Financial Literacy Resources.

 

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Last chance to enroll with discounted tuition!

Enroll Today! Limited Space Available for the 2022 Georgia Banking School

The Georgia Banking School is more than just the curriculum. It is learning the best from the business of banking and networking with peers from around the state of Georgia. As a reminder, we have limited space again this year and slots are filling up fast for new students. The Georgia Banking School Board has worked hard on the curriculum, and this year’s on-campus sessions will cover the latest essential skill and trends for effective bank leadership. There's simply no better comprehensive program for emerging career bankers. There are only a few days left enroll in the Georgia Banking School at the early-bird discounted tuition rate, which ends Feb. 28, so don't delay enrollment! Get Georgia Banking School details and enrollment access here. With questions, contact Alison Moreau, 404.420.2034.

 

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Last chance to enroll with discounted tuition!

2022 GBA Compliance School to Teach Masterful Strategic Compliance Management

This year’s session of the GBA Compliance School (May 1-6 at the University of Georgia in Athens) builds on a student's basic foundation by providing practical applications for overseeing individual lending, deposit and operational regulations as well as for your overall compliance management program. Students will learn how to maintain an on-going, proactive compliance management program and provide additional tools to put in your toolbox that will help to protect against the potential storms, but it is also an opportunity to develop peer networks that are vital to navigating through compliance challenges and obstacles. There are only a few days left enroll in the GBA Compliance School at the early-bird discounted tuition rate, which ends Feb. 28, so don't delay enrollment!

 

Who should attend? This session, designed by compliance pros on the GBA Compliance School Board, is perfect for those who attended Year 1, those who previously graduated from a GBA Compliance School and experienced compliance officers looking for continuing education credits. GBA will apply for CRCM credits through ABA.

 

GBA Compliance School: Details and enrollment access here.

 

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IntraFi® Assetpoint® Connects Buyers and Sellers of Bank Assets

IntraFi® Assetpoint® is a single point that connects buyers and sellers of bank assets locally, regionally, and nationally. IntraFi Assetpoint can help you build valuable connections by providing personal introductions to banks that have identified themselves as having complementary loan interests. Learn more about loan purchase programs below that can help you meet your balance sheet and profitability goals.

IntraFi Assetpoint is brought to you by IntraFi® Network. Please contact Danny Capitel, 703.292.3476, to learn more.

 

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Explore What Choice in Debit Looks Like with GBA Partner Discover Debit

A robust debit card portfolio can help you generate more revenue right now. Has your bank’s debit card program been on autopilot for too long? VISA and MasterCard will likely fight to keep your business, but Discover Debit wants to invest in your bank, your customers and your community. Recently-introduced cardholder benefits like credit monitoring and dark web monitoring backed by Experian® mean customers can feel more secure with their new debit card. By implementing Discover’s debit card program, you will also realize an immediate impact on your interchange income and expense. Discover® Debit is the only program that delivers superior economics, simplified rules, fee transparency and unmatched program flexibility. To find out more, contact Jim Lumadue, jimlumadue@pulsenetwork.com, 716.743.0118.

 

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Worthy

2022 Rural Development and Lending Conference - May 19-20, St. Simons

The 2022 Rural Development and Lending Conference is May 19-20 at the King & Prince, St. Simons. The GBA Agriculture Committee, led by Nic Worthy, Colony Bank, is putting the final touches on the agenda, but here is a quick overview of sessions planned. All agriculture lenders and anyone involved with business development in rural markets will benefit from attending.

  • Timber Update

  • Agriculture Economic Outlook

  • Crop Insurance

  • Peanuts Update

  • Legal Update

  • Technology Trends

Get details and register for the conference here. With questions, contact Alison Moreau, 404.420.2034.

 

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One Day Trainings through April

In-person Seminars

All seminars will take place at Middle Georgia State University, Macon

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Stock up with Webinar Subscription Packages

Save 10-30% with a subscription package

If your institution attends at least five webinars per year, a webinar subscription package is a no-brainer! Click here for more info.

 

How much does your financial institution spend on training? With a webinar subscription package, we can help you greatly reduce that expense. With over 300 titles on our website, Bank Webinars is your one stop shop for all your webinar needs! The average financial institution spends thousands of dollars on every employee for training per year. We want to help you provide all the training your employees need at a fraction of that price. See our full calendar of webinars here.

 

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Leadership Conference - Registration Coming Soon

We’re getting excited about GBA’s 2022 Leadership Conference, July 11-13, at the Ponte Vedra Inn & Club in Ponte Vedra, FL. Hosted annually by the Leadership GBA Board of Directors, this conference is a must-attend for long-time and newbie participants alike. Who should attend? This family-focused conference is perfect for young or newly appointed c-suite bankers, senior officers, department heads, leaders with community and government relations responsibility, business development officers, and anyone at the bank interested in growing their leadership skills. If you’re making travel plans now, the conference will kick off on Monday night, July 11, and close Wednesday night July 13. July 14 is a travel day. We are working on the event website now, and plan to open registration and the room block in early March. We will send an email announcement out, so watch for that. Sponsorships and exhibit booths are still available and may be reserved by completing the form in our involvement kit; click here for details. A big thank-you to our sponsors already on board: CSRA Business Lending; Elliott Davis; FHLB Atlanta; First National Bankers Bank; Mauldin & Jenkins, LLC; Pearl Meyer & Partners, LLC; Point to Point Environmental; Qualtik; ServisFirst Bank, Correspondent Division; Troutman Pepper Hamilton Sanders LLP; and Wipfli. Contact GBA’s Kathy Friestad with questions.

 

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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.

 

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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:

 

Atlanta - Wells Fargo

Atlanta Mayor Andre Dickens this week announced a national faith-based housing initiative funded with $8.5 million from Wells Fargo. Read more here.

 

Jasper - Community Bank of Pickens County

Marketing Officer Melissa Jordan was recently named Queen of Mardi Gras in the Mountains for her fundraising efforts that contributed to a record year for this event that raised over $79,000 benefitting the Georgia Mountains Hospice and local charities supported by the Knights of Columbus and Rotary Club of Jasper. Terry Wilson from Gilmer County was also named King of Mardi Gras in the Mountains.

 

Statesboro - Synovus

The bank recently presented a check for $7,000 to Habitat for Humanity of Bulloch County. Pictured (from left) are: Kim Brannen, Chad Wiggins, Kathy Jenkins (Habitat), Chris Wiggins and Karen Dugger.

 

 

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Newsmakers

 

Columbus - Synovus

The bank was recently recognized by Coalition Greenwich as a Greenwich Excellence and Best Brands Awards winner, receiving 23 awards for its 2021 performance serving small business and middle market clients. Among the more than 500 U.S. banks evaluated by Coalition Greenwich, 24 received awards for small business banking and 29 received awards for middle market banking. The bank won 15 Greenwich Excellence and Best Brand Awards for small business banking, 11 national awards and four regional awards. Read more here.

 

Greenville, SC - United Community Bank

The bank was recently recognized with multiple Greenwich Excellence Awards for U.S. Small Business Banking for the year ended 2021. The bank received ten awards in total, five of which were national honors for specific categories in Small Business Banking. The awards are given annually by Greenwich Associates, the leading global provider of data and analytics to the financial services industry. This is the fourth consecutive year the bank has been recognized by Greenwich Associates for its strength in small business lending and received twice as many awards as the previous year. Read more here.

 

Smyrna - Vinings Bank

Vinings Bank has entered into a merger agreement with Georgia’s Own Credit Union.

 

Watkinsville - Oconee State Bank

Sandi Riddling has been promoted to vice president, loan operations. Kim Golden has been promoted to assistant vice president, loan operations. Vice President, Talent and Culture Officer Josh Collins recently earned his SHRM (Society of Human Resources Management) designation. He is shown below (right) with bank President and CEO Neil Stevens. Jenny Farias has been promoted to assistant vice president and financial center manager of the bank’s main office. Amy Michael has been promoted to assistant vice president and financial center manager of the bank’s facility in Bogart, GA. Bank President and CEO Neil Stevens was recently named as a 2022 Georgia Titan 100. The Titan 100 program recognizes Georgia’s top 100 CEOs and C-level executives. This year’s honorees will be published in a limited-edition Titan 100 book and profiled online as well as honored at an awards ceremony on May 12. Read more here.

 

 

Riddling Golden Collins (right) Farias Michael

 

 

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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