GBA Welcomes New Associate Members
New: GBA Announces
Updated Record Retention Guide
Time to get your updated GBA
Record Retention Guide.
It's a key resource for staying in compliance with
state and federal retention requirements, and saving money
by not keeping records longer than necessary.
How to order
and why your bank needs the Guide to Bank Record Retention...
Keep up with Residential Lending
Compliance Solutions
Residential
lending regulations change frequently and GBA Strategic Partner
LendingXpress has a great tool to help GBA members meet new
compliance guidelines. From valuations that are HVCC compliant
to document solutions that meet the new disclosure requirements,
LendingXpress helps GBA members stay current and make sound
lending decisions.
More about LendingXpress...
Trust & Investment Management
Services for Your Bank's Valued Customers
In this highly competitive economic and banking environment,
traditional and non-traditional financial service firms are
aggressively marketing their banking services to your best
clients and prospects. While price may be what attracts
initial attention, surveys prove a comprehensive,
service-oriented, client-centered relationship is often the
differentiating factor for ultimately retaining business.
Services offered by Reliance Trust Company...
Job Bank
Find a job, post
a job |
Reg. Reform Bill Passes Senate;
What We Learned at Reg. Reform/Emerging Issues Seminars
 The
Dodd-Frank Wall Street Reform and Consumer Protection Act passed
the Senate Thursday. Now, it's on to the President for his
signature. The bill is 2,300 pages covering every nook and
cranny of our business, mandating 67 additional studies and 97
reports, requiring more than 500 potential new regulations and
5,000+ pages of associated regulatory instruction. Once the final bill is signed by the President, it
goes into effect one day later, but it is going to take years to sort out, interpret, make rules and implement all the
bill’s mandates. And, several significant accounting changes and
proposals that are not part of the bill will also complicate
matters.
More about what we learned at the GBA Reg. Reform/Emerging issues seminar,
including access to a chart outlining Community Bank impacts...
In the News: Who is Covered by
the New CFPB
 There's
no shortage of news stories analyzing the Dodd-Frank bill and
how it will touch banks and customers. One issue that's created
consumer and media confusion is just who is and who is not
covered by the new Consumer Financial Protection Bureau (CFPB).
To be very clear, ALL banks, and customers of ALL banks, will be
subject to rules, regulations and protections made by the new
bureau.
More about who is covered by the new CFPB...
GBA Hosts
Successful Leadership Conference
Georgia's future banking leaders and their families met in
Amelia Island, FL, earlier this week for Leadership GBA's 50th
annual Leadership Conference. A big thanks to
outgoing President, Kelly Yielding, Vice President,
McIntosh State Bank, Jackson, for a job well done. Brad Barber,
City President, Commercial Banking Company, Valdosta, was
installed as the 2010-2011 President. Joining Brad as officers
next year are Spence Mullis, President & CEO, Morris
Bank, Dublin, as President-elect and Alan Thomes,
Vice President, Cornerstone Bank, Decatur, as Vice
President.
More about this year's
Leadership conference...
Georgia is a Top 10 Business-Friendly State
 An
annual study by CNBC on America's Top States for Business puts
Georgia in the top 10 overall and in three of 10 competitive
categories.
Learn which categories make Georgia a business-friendly state...
FDIC Gets More Power for Special
Exams
 The
FDIC board this week approved a measure to give it greater
ability to examine and request information from banks it does
not supervise directly. Specifically, the
revised memorandum of understanding (MOU) gives the FDIC
backup supervision authority under an expanded list of
circumstances, and at large, complex insured depository institutions, the FDIC will
establish an expanded continuous, full-time staff presence
on-site.
More about the FDIC's expanded powers...
FDIC
Accepts Bid for Equity Interest in $1.85 Billion in CRE
Loans
The FDIC has closed the sale of 40 percent equity interest in
Multibank Structured Transaction, an LLC created to hold a
portfolio of approximately 1,660 distressed CRE loans, of which
around 50 percent are delinquent. Some of the loans were
from Georgia.
More about the FDIC loan sale...
Regulators Pledge to Work with Banks and their Customers
Affected by Gulf Spill
Federal
regulators and the regulatory agencies issued a joint statement
this week acknowledging the need to assist financial
institutions and their customers affected by the explosion on
the Deepwater Horizon rig and oil spill in the Gulf of Mexico. Read the regulators' statement here...
Where to Get A
Year's Supply of Mayo and a Small Business Loan
Walmart's Sam's Club has kicked off an online small business
loan pilot program. The retail giant is teaming up with Superior
Financial Group, a large Small Business Administration (SBA)
lender, to make $5,000 to $25,000 loans available to its members
who qualify.
More about the Sam's Club pilot
Man Sentenced Again After a Second Conviction for Robbing the
Same Bank
Jason Hurt,
33, was sentenced in District Court last week to nearly 15 years
without parole for bank robbery. In an unusual twist, this is a
case of same song, different verse.
Read more
about the robber's conviction here...
2010 BankPAC Campaign
Update
The 2010 BankPAC Campaign is off to a
great start. See this week's BankPAC update...
Newsmakers:
More news about Georgia bankers...
Kathe |
Barrett |
Viers |
Schuster |
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
Lydia Thomas. |
HEADLINE EVENTS
New Resource:
Senior Lending Officer Peer Group
Meeting
Aug. 10
AIB Online Instructor Led Courses
AIB Online IRA Training
Commercial Lending Focus
In-person Seminars
Webinars
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/competencies
you need to have those jobs and links to training and
development by job title. |
