Your Human Capital and Your Bank with Employment Law Resources
Monitoring revisions and
changes to labor laws that affect the banking industry can be a
challenge. Your bank can stay ahead of the curve with help from GBA
Employment Law Compliance,
ELC has a successful history of working with community banks, large
and small that
may not have a large HR staff or in-house employment counsel.
The professionals at ELC average 25 years of experience in their
field. Marian Exall,
Vice President, Program
Development has been identifying and exploring relevant HR and
employment trends in a blog, The Human Element: HR News And Notes
For Bankers that is published each month in the ABA Banking
Click here to link to Exall's blogs and learn more
A Fast, Affordable and Reliable Way to Manage Your Real Estate
managing your residential real estate portfolio is so
important right now.
LendingXpress offers web-based, bundled services from its
residential real estate management platform that are designed for
financial institutions, by financial institutions. Because all the
necessary real estate lending support applications are available
on the LendingXpress platform, it's fast, easy and accurate; and
reduces the risk of overlooking any important step.
more about LendingXpress here...
Find a job, post a job
More GBA Products and Services
BANKSTAT Management Reporting and Analysis
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
FDIC Quarterly Report
GA Banks' Earnings
Improve by $608 Million
Georgia's banks earned $423 million
in the first quarter of 2012, an improvement of $608 million
compared to a loss of $185 million during the same quarter of 2011.
The quarter's results were the first time since 2008 the industry
reported a collective first quarter profit. More banks saw improved
income, with 79 percent of banks profitable compared to 62 percent
in the first quarter of 2011, and 63 percent reporting
earnings gains for the quarter, compared to 51 percent a year ago.
Credit quality continued to get better, with net charge offs down
significantly, $657 million compared to $1.1 billion over the same
period last year. The percentage of noncurrent loans continued to
trend downward, as well.
To learn more and see long-term trends, link to the information in a
chart for a cumulative, year-to-date summary through the end of each
quarterly reporting period for the past year...
ATM Bill Introduced
in Senate, GBA Supports
to support efforts to repeal the outdated
requirement that a placard must be attached to ATMs stating that a
fee may be charged, a rule that duplicates messages required on
screens and that has led to at least four lawsuits in Georgia.
Last week a bill to remove that requirement was introduced in the
U.S. Senate (S. 3204). We sent letters to Sens.
for their support of the bill and are pleased to report that both
readily agreed to become a cosponsor.
Read the letters and learn about support of the companion
legislation in the U.S. House...
Committee Meeting Notes
business conditions, real estate lending, shared tips for complying
with regulatory guidance for appraisals and evaluations, and
defining realistic investor expectations were among the many topics
discussed at this week's meeting of the GBA Community Bankers
Committee. Led by incoming committee Chair Ed Cooney,
President, Affinity Bank, Atlanta; and incoming Vice Chair
John Lewis, CEO, Verity Bank, Winder, the
committee met to
discuss key issues and plan the
2012 GBA President and CEO
Conference coming up Sept. 30 - Oct. 2 at the Ritz
Carlton Lodge, Reynolds Plantation, in Greensboro, GA. Look for
details soon about the conference agenda, and please let us know if
you have items you want to be considered for the programming.
with questions, 404.420.2010.
Avoidance Event in Atl. June 1-2
If you have customers or know of people in the community who need
foreclosure avoidance assistance, here's a resource you can share.
On June 1-2, the
HOPE NOW Alliance of
large mortgage servicers and financial counselors is offering a free
foreclosure and financial assistance event in Atlanta at the
Georgia International Convention Center (GICC). The event is
from 1-8 p.m. on June 1, and from 9 a.m. to 3 p.m. June 2.
Learn more about the foreclosure event and how it could help your
Compensation and Benefits Survey Now Active
At the Community
Bankers Committee meeting this week, they discussed the
importance of having reasonable, fair and attractive compensation
and benefits packages to retain and recruit high-quality team
members. With that in mind, we're pleased to be rolling out the 2012
GBA Compensation and Benefits Survey. You can participate now to
help your bank and others get a firm grasp on the state of our
industry's pay and benefits practices heading into budget season.
The deadline for completing the survey is June 29. Participation
is free, and if you do participate, you can get a copy of the
results for the discounted price of only $150 when they're available
in the late summer or early fall.
What will you get for your investment? Click here to find out and
Cards Draw CFPB Rulemaking, Under-banked a Focus
Financial Protection Bureau issued and
advance notice of proposed rulemaking about how to ensure
prepaid card offerings are secure and the terms and fees are easily
understood. Bureau chief Richard Cordray said the rulemaking
is important because the cards have become popular alternative
products for many consumers who might not want or be able to open
other accounts. Traditional banks have begun developing specific
prepaid card and other programs specifically to meet the needs of
these under-banked or unbanked consumers.
Read more about the proposed rulemaking dealing with prepaid cards
Improving, Auto Lending Grows
Write-offs on non-home finance
products such as credit cards and auto loans have declined to their
lowest level in six years, according to GBA Associate Member
Equifax. Non-home finance write-off dollars year-to-date through
April have decreased 52 percent according to Equifax's April
National Consumer Credit Trends Report. The write-offs have
decreased to $26.2 billion as of April 2012 from $54.1 billion in
April 2009. Auto loan balances are increasing following the trend in
rising auto sales. As of April 2012, the number of outstanding auto
loans is at 57 million, the highest since January 2010.
Click here to access more news about consumer finance trends from
Featured AIB Diploma
Bank Financial Management Diploma
This diploma is designed for
individuals who are involved in the financial management of their
bank, including junior officers up through CEOs, CFOs and other
senior officers making key decisions that affect bank profitability.
The courses required for this diploma cover the analysis of bank
performance, the measurement and management of interest rate risk,
and the management of funding, liquidity and capital. Candidates
should have an understanding of accounting and financial markets
before beginning the required courses. Experience in the use of
electronic spreadsheets is helpful but not required.
See the required courses for the AIB Bank Financial Management Diploma...
Read about all the Georgia Bankers making news this week...
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.
GBA Annual Meeting
AIB Courses for July
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