Georgia Bankers Association - The Resource that Empowers

January 20, 2012

spotlight products and services

 

 

Financial Risk Management Conference Image Gallery
 

DDI's Electronic Lien & Title Can Help Your Bank

If your bank makes auto loans, you'll want to give Decision Dynamics, Inc. (DDI), a call. Its Electronic Lien and Title (ELT) product allows banks to start electronic vehicle titling with the Georgia Department of Revenue with no upfront costs. The ELT product helps banks in the auto lending arena save time and money. Learn more about the Premier eTitleLien...

 

Trust & Investment Management Services for Your Bank's Valued Customers
Reliance Trust Company can add fee-based revenues through financial advisory services to individual and business customers, directors and bank employees. Learn more about the top-quality services from Reliance...

 


Job Bank
Find a job, post a job

 


More GBA Products and Services

Connect with GBA on LinkedIn

Follow GBA on Twitter

Retirement, Pension and 401(k) Plans

Georgia Financial Directory

Thumbprint Signature Program

Record Retention Guide

Interest Rate Averages by County

Holiday Decals

Pledging Pool

 

 

Financial Risk Management Conference

No Double-Dip Recession, Applying Lessons and Revenue Ideas

Bank finance pros packed this year's GBA Financial Risk Management Conference and were treated to an agenda full of practical information. Special thanks to SNL Financial for exhibiting and to sponsors Angel Oak Advisory Services and the Federal Home Loan Bank of Atlanta. Also, a big GBA thanks to the Asset/Liability Management Committee, chaired by Johannes Palsson, Angel Oak Advisory Services, for putting together such a strong program. Get highlights from our guest economist, ace strategy consultants and banker panels during GBA's Financial Risk Management Conference here...

 

 

GA Small Business Credit Programs Coming

The Georgia Department of Community Affairs (DCA) is in the process of implementing three programs that will distribute about $48 million to private lenders to increase access to credit for small businesses. The three Georgia programs are the Georgia Capital Access Program (GCAP, $10 million), the Small Business Credit Guarantee program (SBCG, $17.8 million), and the Georgia Funding for Community Development Financial Institutions program (GA Funding for CDFIs, $20 million). The DCA has issued proposed regulations about how banks can access the funds. Learn more about Georgia DCA's small business credit programs...

 

Ask Your Representative to Support Exam-Relief

We're asking members this week to send a note to your U.S. Representatives asking for their support of the Financial Institutions Examination Fairness and Reform Act (H.R. 3461)that would ensure banks receive timely examination reports, including full documentation of the information regulators used to make their determinations, and it would provide new standards for examinations. All GBA members can use the ABA grassroots communication system to send customized letters to their representatives. Please send a letter. Click here for more info about the exam-relief bill...

 

Appraisal Management Added to Strategic Partner Lineup

GBA has a new Strategic Partner, Valuation Management Group (VMG), as its preferred vendor of appraisal management services. VMG handles the entire appraisal process including approving the appraisers, managing the appraiser panel, handling the bid process for complex residential properties and commercial assignments, ordering environmental risk assessments, engaging the appraisers and performing a quality appraisal review. See the reasons why the GBA Services, Inc. Board felt VMG is a strong fit with GBA as a Strategic Partner...

 

Welcome 12 New GBA Associate Members

Congratulations to the following companies that were approved for Associate Membership at the Jan. 11 GBA Board of Directors meeting:

 

Payments News

PayPal at Home Depot, also Rolling out Card

Atlanta-based Home Depot is testing PayPal point of sale software in five stores, and PayPal plans to have its technology in place at all Home Depot stores by March, according to an American Banker article this week. The technology allows Home Depot customers to check out at stores by entering their phone numbers and PayPal PIN numbers, or by swiping PayPal cards, at the point of sale. PayPal is also rolling out a card on a broad basis, too. The new card will not function like a normal debit card, according to the article. Learn more about PayPal's new payment technology...

 

SBA Now Cabinet-Level Post

President Obama has elevated the Small Business Administration (SBA) to a cabinet-level agency. The move does not require Congressional approval, and SBA Administrator Karen Mills will attend cabinet meetings. Read more about the President's ideas to consolidate six federal agencies including SBA...

 

How Many Hours Does a Stress Test Take?

The FDIC has approved a notice of proposed rulemaking that would require 23 state non-Federal-Reserve-Member insured institutions with assets over $10 billion to conduct annual stress tests. Of note in the Dodd-Frank Act mandated proposed rule, it will take an estimated 2,000 hours for each bank to prepare the initial stress-test report required and 1,040 hours annually thereafter to comply. Read the full release and proposed rule from FDIC here...

 

The History and Danger of Bank Bashing

The Jan. 7 issue of The Economist magazine had an interesting article about how banking and lending money is important to society and prosperity. The piece does so through examining the history and associated dangers to societies that have demonized their bankers in the past. It outlines the current critical tone toward banks and says, "But is the backlash in danger of going too far? Could fair criticism warp into ugly prejudice? And could ugly prejudice produce prosperity-destroying policies? A glance at history suggests that we should be nervous." Here's a link to the article.

 


Key GBA Event Reminders

Fair Lending Webinar Jan. 26

Summary of fair lending laws, specific examples of unlawful discrimination and a description of the penalties and enforcement for non-compliance. Click here to register...

 

Managing the Appraisal and Evaluation Process Feb. 8

Click here to register...

 

How to Ensure Top-Notch Internal Audits Feb. 16

Basic concepts related to community bank internal controls and internal audit techniques. Click here to register online...

 

2012 GBA Annual Convention
June 10-13, Asheville, N.C.

Click here to register...

 

2011 Leadership GBA Conference
July 22-25, St. Simons

Click here to register...


Newsmakers

Read about all the Georgia bankers making news this week...

 

Smith

 

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.

 

GBA|U

Fair Lending Webinar
Jan. 26

HMDA + CRA Workshop
Feb. 2
Macon

Managing the Appraisal and Evaluation Process
Feb. 8

Macon

Internal Audit Seminar
Feb. 16
Macon


Operations & Technology Conference
Feb. 29 - March 1
Atlanta

2012 Annual Convention
June 10-13
Asheville, N.C.

 

Leadership Conference
July 22-25
St. Simons


 Webinars

AIB Courses for February

Compliance Calendar

Lending Calendar

Ops/Tech Calendar

HR Calendar


Asset/Liability Calendar

Management Calendar


Security Calendar

Full GBA-U Calendar

 

 

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.

 

 

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