Five Ways DDI's Electronic Lien and Title Product
Can Help Your Bank
Decision
Dynamics, Inc. (DDI), a GBA Strategic Partner, announces a new release of its Electronic Lien
and Title (ELT) product offering that allows banks to start
electronic vehicle titling with the Georgia Department of
Revenue (DOR) with no upfront costs. Once a bank is set up with
DDI's Premier eTitleLienTM, banks pay only $5 per title,
which includes receiving the electronic title from the Georgia
DOR, generating the title application form, and releasing the
lien when the loan is paid.
More about Premier eTitleLien...
Gain CRA Credit for Loans or Investments
in the Senior Housing Crime
Prevention Foundation
The
Senior Housing Crime Prevention Foundation
(SHCPF) is a
nonprofit organization based in Memphis that offers banks a
measurable, no-risk, high-yielding avenue for gaining CRA
credit. By making a loan or an investment with a guaranteed
return, banks receive credit for Community Reinvestment Act (CRA)
requirements.
More about SHCPF...
New:
Why You Need GBA's Updated Record Retention Guide
The new GBA Guide to Bank Record Retention will aid your bank in
developing a complete, workable and understandable
record-retention program that is vital to the bank’s daily
routine.
How to order
and why your bank needs the Guide to Bank Record Retention...
Easy, Inexpensive Way to Combat
Check Fraud
Reduce check fraud by
participating in GBA's Thumbprint Signature Program. The device
known as the Thumbprint Signature touch pad deters counterfeit
and stolen-check fraud by obtaining a thumbprint signature from
non-customers when cashing on-us and not-on-us checks.
More about the Thumbprint Signature Program...
Job Bank
Find a job, post
a job |
GA
Tax Committee Holds First Meeting
 The
special committee created by the Georgia General Assembly to
review Georgia's tax system held its first meeting this week.
GBA's Elizabeth Chandler attended the organizational
session. The appointed panel represents many aspects of Georgia
business as well as academia and will be chaired by A.D.
Frazier with Affiance LLC. GBA members will recognize
frequent speaker and economist Dr. Roger Tutterow, who is
also on the panel.
More about the tax committee meeting...
Foreclosure
Registry Ordinance Passed by DeKalb County
The
DeKalb County Commission this week passed an ordinance requiring
creditors to register foreclosed properties with the county for
$175 a year upon notice of default. The ordinance also requires
the creditor to maintain vacant property and face a $1,000 fine
per day if the property is not maintained appropriately. We're working with Realtors and member bank attorneys to
evaluate the legality of the
ordinance and to evaluate potential costs to banks.
What GBA had to say about the DeKalb County ordinance...
Washington Update: Small Business Lending, More Interchange
Shenanigans
  We
have been watching closely the Senate's debate on H.R. 5297, the
small-business lending bill that includes important extensions
of SBA program enhancements as well as possible amendments to
increase in the number of shareholders for SEC registration from
500 to 2,000 and the addition of the much discussed $30-billion
lending fund. And, Illinois Sen. Richard Durbin continues his
attack on bank interchange revenue. So far, the D's and R's
can't agree on which amendments will be offered, so they've put
the bill on hold for now.
Find out more...
Interchange:
How Price
Controls will Crimp Lending, Curb Low- and No-Cost Checking
There's a GBA-supported move afoot to repeal the controversial
interchange amendment that became part of the Dodd-Frank Wall
Street Reform and Consumer Protection Act. In testimony this
week to the U.S. House Committee on Small Business, a banker
outlined some specific examples of how damaging the bill could
be for consumers, banks and small business lending. "The revenue
banks receive from interchange helps to offset some of the costs
of providing demand deposit services, costs which far exceed the
revenue per account from interchange income," said Robert
Oeler, president and chief executive officer of Dollar Bank
in Western Pennsylvania and Northeastern Ohio.
Read Oeler's estimates of debit card revenue per account vs.
the cost to maintain a demand checking account...
New:
GBA Marketing Community is Now
Online!
There's a new resource for Georgia bank marketing pros. The
online GBA Marketing Community is a Facebook-style community
designed so those working in marketing can easily connect to
share information, ask questions and exchange ideas.
How to join GBA's Marketing Community...
Fed on the Economy: Tapping the Brakes
 Economic activity in the Atlanta Federal Reserve District slowed
in June and early July, according to the Fed's Beige Book survey
released this week. Retailers and the tourism sectors were
generally positive, but noted concern about the effects of the
Gulf oil spill. Areas of continued uncertainty remain
residential and commercial real estate. The residential sector
showed a slowing pace of home sales. For banking, Atlanta, New
York and San Francisco all reported restrained or decreasing
loan demand.
Read more about the Atlanta District Beige Book report...
Public
Trust in the U.S. Financial Sector Improves Slightly in
Second Quarter
 Trust in the financial sector as a whole has modestly recovered
in the United States, according to the Financial Trust Index
published quarterly by the Chicago Booth/Kellogg School.
Trust in the
stock market climbed from 30 percent to 32 percent. Over the
same period, trust in banks was unchanged, holding at 39
percent.
View the most recent financial trust index here...
 OCC:
Walsh to serve As Acting Comptroller of the Currency
The
interim chief regulator for national banks will be
John Walsh,
chief of staff at the Office of the
Comptroller of the Currency, when current Comptroller John
Dugan leaves Aug. 14. No timeframe was set for naming a new
full-time Comptroller.
More about Walsh...
Compliance:
ATM Access Rules Issued by
Department
Of Justice
There are new rules out that may require banks to retrofit some
ATMs to ensure appropriate access for persons with disabilities.
The Justice Department's revisions to its Americans with
Disabilities Act
Standards for Accessible Design impose new accessibility
standards for ATMs, including a requirement for speech output
and tactilely discernable input controls to help blind
customers.
More about the new ATM access rules...
S.A.F.E Act
Mortgage Originator Registration Rules Finalized
Regulators this week released final rules
requiring residential mortgage loan originators to meet
registration requirements for the S.A.F.E. Act.
The
rule requires employees of banks, savings associations and
certain other financial institutions that act as residential
mortgage-loan originators to register with the Nationwide
Mortgage Licensing System and Registry, maintain that
registration, and obtain a unique identifier.
The new rules go into effect Oct. 10.
More about the registration rules and requirements...
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...
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. |
HEADLINE EVENTS
Senior Lending Officer Peer Group
Meeting
Aug. 10
Hot Topic:
Dodd-Frank Seminars: Two Offerings to Fit Your Schedule
Aug. 3 and Aug. 12
President/CEO Conference
Oct. 3-5
BankPAC Golf Classic
Oct. 27
AIB Online Instructor Led Courses
AIB Online IRA Training
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. |
