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Status of Important Banking
Cases
DDI can
Help Your Bank Prepare Now for
Mandatory ELT in Georgia
Legislation for mandatory Electronic Lien
and Titling (ELT) in Georgia was signed by Gov. Nathan Deal
earlier this month. Wording in the bill requires participation in
the GA ELT program as of Jan. 1, 2013.
No
exceptions to the requirement are listed. GBA is pleased to
announce the renewal of its endorsement of DDI as a GBA Strategic
Partner and as GBA's preferred provider of ELT.
If your bank makes any auto loans, you'll
want to give
Decision Dynamics, Inc. (DDI),
a call.
Learn more about how DDI can help you comply with the new
law...
Trust and Investment Management Services for Your Bank's Valued
Customers
Reliance
Trust Company,
headquartered in Atlanta,
is one of the largest independent trust companies in the country
with more than $81 billion in assets under management and
administration and a leading provider of personalized financial
services for individual, corporate, and institutional clients.
Reliance can add fee-based revenues through financial
advisory services to individual and business customers,
directors and bank employees.
See a full list of services available from
Reliance Trust...
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
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Compliance Burden Gets Active Hearing; Sets Stage for GBA D.C. Visit
 Community bankers testified May 9 to the U.S. House Financial
Institutions Subcommittee about the growing regulatory and
compliance burden they face. Georgia Rep. David Scott is a
member of the subcommittee, and voiced his view about the need for
regulatory balance in our banking system during the hearing. "I'm a
strong supporter of Dodd-Frank. I'm also a strong supporter of small
financial institutions because in so many communities that's all
they have."
Next week (May 15-17) is our annual GBA visit to Washington, D.C.,
and we'll be taking more than 40 member bankers. We’ll be meeting
with the Georgia Congressional delegation and with representatives
of the FDIC, OCC, Federal Reserve and CFPB. If you’ve got any
specific stories you want to make sure we share, please send them to
GBA Chairman
Rick Whaley
or GBA’s
Joe Brannen
and
Elizabeth Chandler.
Read more about the House Subcommittee hearing and the trip to D.C.
here...
Meet the New Georgia Banking School Grads
GBA's 52nd-annual
Georgia Banking School wrapped up May 4 at the University of
Georgia in Athens. We had 90 bankers in three classes participating
in this year's school. Brynn Stensrud, CBC National Bank,
Alpharetta, is this year's Graduate of Distinction.
This year's Honor Graduate, a recognition for the student with the
second highest score, is Jonathan Payne, Columbus Bank and Trust
Company.
Read more about this year's session of
the Georgia Banking School
and see a list of our graduates...
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Brynn Stensrud (left)
and
Jonathan Payne |
Loyd Recognized at Georgia Banking School
for 30 Years of Educational Leadership
 Bill Loyd,
formerly with Community Bank & Trust in Cornelia, was recognized
Sunday evening for his many years of service to the Georgia Banking
School. Bill has been the Georgia Banking School Director since 2002
and has served on the school faculty for 30 years. Bill recently
accepted the position of Associate Vice President for Institutional
Advancement at Piedmont College and has turned the gavel over to
Darron Burnette, President, Sea Island Bank, Statesboro.
Read more about Loyd...
Southern Operations & Technology School
Graduates Recognized
Two years of hard work paid off for eight Georgia
bankers who graduated from the Southern Operations and Technology
School, which ran concurrently with
Georgia Banking School last week in Athens.
See the list of eight Georgia graduates from the Southern Operations and
Technology School...
UDAP,
Fair Lending Affecting CRA Ratings
A trend has
developed that shows regulatory scrutiny on Unfair and Deceptive
Acts and Practices (UDAP) and Fair Lending issues are leading to
lower CRA ratings. The trend is outlined in a May 8
American Banker
article, and we've heard directly from members about the
heightened attention to Fair Lending issues. Also in play, according
to the article, is the CFPB in its new role. Banks are encouraged to
pay close attention to their Fair Lending policies and to maximize
CRA efforts.
Find a link to the article and learn more about GBA resources that
can help you...
New
Overdraft Legislation Introduced
Banks would
be required to get consumer opt-in consent for overdrafts on paper
checks, be limited to charging one overdraft per month and six per
year, and be prohibited from adjusting the posting order of
transactions under legislation
introduced this week by New York Rep. Carolyn Maloney. The
legislation is titled the Overdraft Protection Act. Forty-six other
Representatives have signed on to the measure. Maloney introduced
similar legislation in 2009. With questions or comments, contact
Joe Brannen, 404.420.2026, or
Elizabeth Chandler, 404.420.2027.
More
Auctions
Planned for More CPP Investments
 As it
looks to wind down the bank investment component of
the Troubled Asset Relief Program (TARP), the U.S. Treasury
Department has announced it will move ahead with more auctions of
Capital Purchase Program (CPP) investments. In a
recent post on its website, Treasury outlined three approaches it
plans to take with the 343 banks that still have CPP investments.
Read more about Treasury's three proposals...
GA State Small Business Credit Initiative
Meeting May 23
How to
Access Capital Available for Small
Business Funding
 The Georgia SSBCI (State Small Business Credit Initiative) Program is providing
$48 million in funding to lenders to provide credit enhancements to
help bridge the gaps that otherwise prevent the approval of sound
small business loans. On May 23 at the Atlanta Marriott Century
Center, the Georgia Department of Community Affairs will
conduct a seminar to discuss the three new Georgia credit
enhancement initiatives.
Find out more about those three programs and how you can attend on
May 23 ...
Fewer
Behind on Mortgage Payments; National Rate Lowest Since 2009
 Georgia's
60-day mortgage loan delinquency rate dropped 4.5 percent between
year-end 2011 and the end of the first quarter this year, from 6.68
percent to 6.38 percent, according to TransUnion. On
a year-over-year basis, Georgia's 60-day mortgage loan delinquency
rate dropped 9.8 percent from 7.07 percent. Nationally, the
mortgage delinquency rate fell to 5.78 percent, its lowest point
since the first quarter of 2009.
See more mortgage numbers here...
High
Marks Given to GA for Small Business Friendliness
Georgia and
Atlanta are among the most friendly places in the U.S. for small
business according to an online survey published this week. Georgia
is the sixth friendliest small business state and Atlanta ranks
fifth among cities. The state got high marks for ease of starting a
business, networking programs and business optimism. Here's a
look at the interactive map of Georgia and some of the more
detailed survey responses.
 Randy Harrington to Close GBA Annual Meeting
The (old) economy is never going to rebound; it is in a process of
fundamental transformation. What we know about growth, risk, scale
and customer value is all changing.
Join Dr. Randy Harrington, CEO of Extreme Arts and Sciences,
Eugene, OR, as he tells the story of three leaders that have taken
service, manufacturing and health care businesses from the edge of
failure to robust success.
Find out more about Harrington's
session and sign up to join us at Annual Meeting today...
Kuglar
Featured in Georgia Trend
 There's a nice article in this month's Georgia Trend magazine about
Larry Kuglar, retired president and CEO of SouthCrest
Financial Group and GBA Chairman in 2002-2003. The feature
chronicles Kuglar's banking career as well as his service to
Cedartown and Polk Count.
Read more about Kuglar and link to the
full story...
GBA
Retirement Plans Announce First Quarter 2012 Investment Results
Best S&P First Quarter in 14 Years Drives Good Quarter for GBA Plan
Participants
 First quarter 2012 was another quarter of significant
growth and solid performance. It was the best first-quarter
performance for the S&P in 14 years. For GBA Retirement plan
participants, the investment returns of both investment managers,
Reliance Trust Company
and
Atlanta Capital Management,
performed well against major market indexes and other
competitive funds and models.
Plan participants can see the
quarterly updates here for detailed returns...
Key GBA
Event
Reminders
Newsmakers
Read about all the Georgia Bankers making news this week...
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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
David Oliver and Bogan Brannen.
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Advanced Consumer Lending
May 15
Macon
Prevent Losses
Fraud Seminar
May 16
Macon
Commercial, Construction Loan Focus
Advanced Loan Documentation Seminar
May 24
Macon
2012
GBA Annual Meeting
June 10-13
Asheville, N.C.
Leadership
Conference
July 22-25
St. Simons
American Mortgage Conference
Sept.10-12
Raleigh, NC
Webinars
AIB Courses for June
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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