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On Sale
Revised GBA Guide to Bank Record Retention
Still Available!
Couldn't Dial In?
CD Available!
Interim Rule on Garnishments
Telephone Briefing
Surcharge-Free ATM Network Solutions
InterCept Switch
offers a surcharge-free ATM network that allows your bank to
waive surcharges for member customers while keeping the
ability to surcharge non-member customers. The InterCept
Switch surcharge-free network is a powerful marketing tool
for institutions looking to attract more demand-account
depositors.
Find out more about InterCept Switch...
Boost Revenue with Trust & Investment
Management Services from Reliance Trust
Reliance Trust
Company, offers
non-traditional bank financial services to GBA members and their
customers. Reliance takes a customer-service oriented, solutions
based approach with each client and
offers a wide
range of financial advisory services increasing fee-based
revenue.
Read about all the services available from Reliance Trust
Company...
Job Bank
Find a job, post
a job
Career Paths for BankersTM
The 44
most-common bank job descriptions, the skills and competencies
you need to have those jobs and links to training and
development by job title.
More GBA Products and Services
2011 Holiday Closing Decals
Georgia Financial
Directory
Thumbprint Signature Program
Salary Survey
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Interchange: Fed Won't Meet April 21 Deadline
Citing volume,
complexity and the need for thorough review associated with more
than 11,000 comment letters on its debit-card interchange price
cap proposal, the Federal Reserve this week said it would not
meet the April 21 deadline for finalizing the rule, as mandated
by the Dodd-Frank Act. Federal Reserve Chairman Ben Bernanke
communicated that to U.S. Senate and U.S. House leadership by
letter this week.
Read Bernanke's letter and write your own to your member of
Congress...
Legislature in Session Four Days This Week
 Legislators
spent much effort this week trying to develop a tax package that
would be both revenue neutral while creating new jobs and making
Georgia more competitive in attracting new businesses.
Negotiations will continue during the recess next week. The
legislature has three more days to meet, currently set for Apr.
11, 12 and 14. While the tax reform bill got most of the
attention in the media, GBA has been working with Legislators to
perfect a number of bills that received attention this week.
Weve got more details about all this in this week's
Legislative Update.
Be sure and click through to learn more about the preemption of
local foreclosure registries, a lengthening of the time to
perfect your security interest in a motor vehicle, and an
improvement in the attorney fee restrictions important to
financial institutions.
See this week's Legislative Update
2011 Annual Convention is
Approaching Fast!
The final touches are being put on GBA's 2011
Annual Convention
scheduled for June 20-201 at The St. Regis Hotel, Atlanta.
GBA has reserved
a block of rooms at The St. Regis at a reduced rate of $219 per
night for single or double occupancy. Reservations may be made
by calling the hotel directly at 404.563.7900. Be sure to
say you are with the GBA to receive this special rate. The
cut-off date for hotel reservations is May 28.
Learn about the highly anticipated 'Ask the Attorneys' session
and register for the 2011 Convention...
Mortgage Originator Comp. Rule Kicks in April 1
 A
new rule governing mortgage originator compensation goes into
effect April 1. The rules were discussed in detail this week at
GBA's Compliance Peer Group meeting in Macon by Brad Washburn,
Steve H. Powell and Company. The rule is intended to
provide consumer protections by prohibiting mortgage originators
of covered loans (including bank loan officers) from receiving
dual compensation directly from the consumer and any other
person, or being paid more to steer customers into higher priced
loans when loans at lower rates are available.
Read more details about the Mortgage Originator Rule and GBA's
Compliance Peer Group...
Mortgage
Risk-Retention Rule Proposed
We got our
first look this week at proposed rules for how regulators will
require sponsors of mortgage and other asset-based securities to
retain at least 5 percent of the credit risk of the securities
assets. Included in the proposed rule are general underwriting
standards and definitions for how loans will qualify for
exemption from the rule.
Learn more about the Mortgage Securities Risk-Retention Rule...
Fed
Doubles Threshold Amounts for Credit Transactions, Loans Covered
Under Reg Z & Reg M
The Fed last week
adopted two final rules expanding coverage of consumer
protections in Reg Z--Truth in Lending (TILA) and Reg
M--Consumer Leasing Act (CLA) to consumer credit transactions
and leases up to $50,000.
Currently, consumer loans above $25,000 are generally exempt
from TILA and CLA.
Read more details about the change in credit and lease threshold
amounts
SBLF
Application Deadline for C Corps. is May 16
 The Small Business
Lending Fund has established May 16 as the application deadline
for C corporations. Eligible institutions should submit their applications as soon as possible
to allow sufficient time for processing. For S
corporations, mutual institutions and Community Development Loan
Funds, separate application deadlines will apply. We'll have more
details soon.
Find out more about the Small Business Lending
Fund...
Commercial Real Estate:
Temporary 504 Refinancing Program
Begins Next Week
A recent
change to the application deadline will allow more small
business owners with eligible commercial real estate mortgages
maturing after Dec. 31, 2012, to secure more stable, long-term
financing and avoid potential foreclosure on mortgages that were
based on inflated real estate values through the SBA's temporary
504 refinancing program.
Read more about the temporary 504 refinancing program and see
the requirements for borrowers...
Action Needed:
Address
Change for FDIC's Consumer Response Center
FDIC has announced a change in address for its national Consumer
Response Center within the Division of Depositor and Consumer
Protection. The change requires all FDIC-supervised financial
institutions to update their
Adverse Action Notice forms and Fair Housing poster
notices as soon as practicable.
Updated Fair Housing posters may be obtained at no cost from the
FDIC's Public Information Center.
Find out more and request updated Fair Housing posters
Newsmakers
Read about
all the Georgia
bankers making news this week...
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. |
Collections & Recovery Seminar
April 6
Macon
Teach Children to Save Day
April 12
Bank Security Conference
April 12-13
Atlanta
Senior Lending Officer Peer Group
Appraisals, Community Bank Changes
April 15
Macon
Basic Deposit & Operations
Compliance Seminar
Regs CC, DD, & E
April 19
Macon
Basic Loan
Compliance Seminar
Reg Z & RESPA
April 20-21
Macon
New Account Documentation
& Compliance Seminar
April 27 - Macon
Georgia Banking School
May 1-6
Athens
Southern Operations & Technology School
May 1-6
Athens
Rural Development & Lending Conference
May 12-13
Savannah
Employee Investigations Seminar
May 18
Macon
BSA Training Webinar
May 19
Bank Trainer Peer Group Meeting
May 19
Macon
2011 Annual Convention
June 20-21
Atlanta
Annual Leadership GBA Conference
July 24-27
St. Simons
In-person Seminars
Webinars
AIB Online Instructor Led Courses
Compliance Calendar
Lending Calendar
Ops/Tech Calendar
HR Calendar
Asset/Liability Calendar
Management Calendar
Security Calendar
Full GBA-U Calendar
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