Status of Important Banking
Available from John Floyd and Associates
If your bank needs a comprehensive and fully-compliant automated
overdraft program, please consider GBA Strategic Partner John M. Floyd and Associates (JMFA). JMFA's Overdraft PrivilegeŽ
is a non-discriminatory, 100-percent compliant automated overdraft program that strengthens account holder
satisfaction and raises market share.
Learn more about JMFA here...
How to Help Seniors and Your
Bank's CRA Efforts
Housing Crime Prevention Foundation is a nonprofit
that offers banks a measurable, no-risk,
high-yielding way to earn CRA credit. By making a loan or an
investment with a guaranteed return, banks receive credit for
CRA requirements. The foundation
uses the funds to set up
Senior Crimestopper programs for nursing homes
and senior HUD housing units in your bank's direct CRA assessment
Read more about The Senior Crime Housing Prevention
Find a job, post
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Retirement, Pension and 401(k) Plans
Thumbprint Signature Program
Record Retention Guide
Interest Rate Averages by County
2012 Legislative Forum and
Top State Officials Express Support, Appreciation for Industry
capacity crowd of GBA members and friends heard unqualified
support for the industry from Gov. Nathan Deal, Lt. Gov.
Casey Cagle, Speaker of the House David Ralston
and Senate Banking and Financial Institutions Committee Chairman
Sen. Jack Murphy at GBA's annual Legislative and Economic
Forum and Legislative Reception in Atlanta Wednesday. All
expressed a desire to work closely with the industry to limit
regulatory burden and to support efforts to make sure banks can
effectively fulfill their role of supporting economic and
community growth through loans and banking services.
We were pleased to have a large contingent of General Assembly
members at the reception. The event gives us the opportunity to
thank them for their service to the state and is one of the
cornerstones of the GBA Government Relations program.
what the Governor had to say other highlights from this year's Legislative events...
Session off to a Quick Start for
first week of the 2012 legislative session got off to a
quick start this week. Committees began reporting bills carried
over from 2011, and the Governor gave the State of the State
address and released his proposed budget. Three bills GBA has
been working on were among the few that saw quick action.
Read more legislative news here...
of Banking and Finance News
Bankers Give Feedback for Regulatory Burden Survey
this week provided detailed feedback from bankers to Georgia
Department of Banking and Finance Commissioner Rob Braswell
about laws and regulations that are keeping community banks from
serving their communities effectively. Appraisal issues, CRE
guidelines, exam practices, FDIC loss-share issues and expansion
of compliance requirements were the main focus areas cited.
See the questions that were asked with a brief summary of the
main feedback from those CEOs...
Expectations, Lessons Learned Shared by DBF Commissioner in News
search for loans and markets that can replace acquisition and
development loans as growth opportunities, and managing
expectations for return on equity are primary challenges for
many Georgia banks in 2012, Braswell said in a Q&A
article with American Banker this week. He also
highlighted the DBF's Early Warning System for more
forward-looking supervision and shared some lessons learned by
the department during the recent economic downturn. Here's a
link to the article,
shared with permission by American Banker.
GBA in the News
up for Bankers and Management
been no shortage of 2012 outlook articles about banking during
the past couple of weeks. That means GBA has been busy in its
role as primary industry voice. SNL Financial last week
an outlook article
that gave us the opportunity to point out some of the improving
performance trends as well as to stick up for how most banks
have been managed through a historically bad economic cycle.
Link to the article for a look at the slightly improving state
economy and some other positive news...
Signs Westmoreland's Bank Closure Study Bill
On Jan. 3
President Obama signed the bill from Rep. Lynn
Westmoreland (H.R. 2056) that calls for the FDIC
Inspector General to investigate and report on the impact of FDIC
resolution procedures for closed banks. The bill contains all
the issues about which our members have asked for a thorough
to a good summary of the bill.
With questions, contact
Key GBA Event
Just one week away...
Investment Portfolio Strategies
Click here to register...
chance to register for GBA's Loan Documentation Seminar Jan. 19
This one-day seminar will cover the basics of
loan documentation and matters to consider before and after loan
Click here to register...
Managing the Appraisal and Evaluation Process
Seminar Feb. 8
Learn about where the
market is going, how to handle the appraisal process internally
or externally, how regulations are changing and what you can do
Click here to register...
Directors' Workshop Set for Atlanta
Office of the Comptroller of the Currency has announced its 2012
schedule of workshops to be held around the country for
directors of nationally chartered community banks and federal
savings associations. The Atlanta session is May 14-16.
Workshops are limited to 35 participants each. Here's a
link to the complete schedule of workshops
and registration access.
Expands Forbearance for Jobless Homeowners
As directed by The
Federal Housing Finance Agency, Freddie Mac announced last week
that it is giving mortgage servicers the authority to offer up
to one year of mortgage forbearance to unemployed homeowners who
have Freddie-backed mortgages. The change takes effect Feb. 1
and means loan servicers can offer six months of forbearance to
jobless borrowers without Freddie's approval and another six
months with approval.
Calculator Helps Banks Determine Capital Requirements Under
revisions to Capital Requirements
issued on Dec. 7, 2011, would establish alternative
creditworthiness standards to replace external credit ratings in
determining capital requirements for certain debt and
securitization positions covered by market-risk capital rules.
ABA has developed a calculator to help bankers determine the
potential impact of the proposed changes, which GBA believes
creates a frustratingly complex method for calculating capital
Access the calculator...(ABA
FMLA Forms Expired Dec. 31. Should Your
Bank Still Use
In short, yes. Employers may
continue to use the Department of Labor's (DOL) FMLA forms,
consider the following suggestions before using
standard DOL forms...
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.