|
|
Legislative
Reception Draws Hundreds of Bankers/Legislators |
|
Hundreds of bankers from across
Georgia braved rain and snow to attend GBA's annual Legislative
Reception Wednesday of this week. This decades-long
tradition honors the Georgia General Assembly and other state
dignitaries. The Georgia Aquarium was a big hit with
everyone who attended and we appreciate your support. "We
have a number of issues directly affecting banking we expect
will be considered this year, and it was important for so many
bankers to attend showing industry support for our agenda," said
GBA Chairman, Jim Williams. |
|
"We
will be updating you throughout the session and will call on our
members to help support our efforts through grassroots
contacts," Jim concluded. See the article below about this
week's GBA Board of Directors meeting for a list of the most
important issues we expect to be considered. |
|
|
GBA
Board of Directors Takes Positions on Issues of Importance to
Industry |
|
The GBA Board of Directors is
the policy-making body for the Georgia Bankers Association and
is made up of 22 bankers from across Georgia representing a
cross-section of our members. These 22 bankers are elected
by the membership as a whole, represent their geographic group
or are appointed by the chairman. This week the Board met
concurrently with the Public Affairs Committee and
BankPAC Board and took the following positions on issues
expected to come before the General Assembly. |
|
-
Support
Nationwide Mortgage Lender/Broker Licensing System
-
Support
Revision to Mortgage Deed Satisfaction Process
-
Support
Amendments to Uniform Securities Act
-
Oppose
Removing Official Bank Checks as Mortgage Closing Sufficient
Funds Exempt Items
-
Oppose
Changes in Foreclosure Laws
-
Oppose
Non-germane Fees on Wire Transfers
-
Provide
Input and Monitor Sales Tax Proposal
-
Monitor
Permissive Credit File Freeze
|
|
|
2008
Legislative Update Inaugural Issue Published |
| We will
publish a
Legislative Update each week the Georgia
General Assembly is in session. The publication is
designed to report on key issues of importance to the banking
industry and let you know of our position on these issues.
In this week's edition, we report:
|
|
-
Mortgage Settlement Funds
Bill Introduced - Forces Wire Transfers in Most Real Estate
Transactions
-
Gun Bill Compromise Reached
-
Boat Titling Bill to be
Introduced
-
Credit File Freeze Bill
Reported Out of Committee
-
Hearings Held on GREAT Plan
|
|
|
GBA
University Announced |
|
GBA members have
always looked to the association to provide the highest quality,
cost-effective and timely educational programs. We are
pleased to announce a reorganization of our educational
offerings under the new name: GBA University. We
hope the new brand and website will become your principle tool
to find the right educational programs to advance your banking
career. The entire professional development program is
overseen by GBA's Community Bankers Committee which relies
heavily on input from each of our standing committees. |
|
These
bankers help us ensure we have the right mix of in-person and
online courses to make your GBA educational experience the best
it can be. When you see our new GBA University logo, we
hope it will serve to remind you on the quality education you've
come to expect from GBA.
|
|
|
CEO
Roundtable Openings Available |
|
GBA’s
President/CEO Roundtables have proven to be a huge
success for sharing ideas and best practices among senior
executives from banks of all sizes and structures. Each
Roundtable is composed of up to 12 senior executives
representing banks in non-competing markets and meets three
times each year to discuss topics of interest chosen by the
participants. The Roundtables are facilitated by
Mike
Odom, veteran Georgia banker and Principal of
Great Oaks Advisors, |
|
L.L.C.,
Richmond Hill. A limited number of new participant
openings are available for the 2008 sessions. With
questions or to receive registration information, please contact
GBA’s
Susie McGehee at (404) 420-2010 or
Mike Odom at (912) 756-3831. The registration deadline
is January 31. |
|
|
Register
for GBA Webinar Today |
|
Just a reminder
that GBA will offer the following
webinars during the week of January 28th.
Webinars offer you the opportunity and convenience of having a
seminar at your bank. All you need is a computer, Internet
access and a telephone. All webinars are live and allow time
throughout for questions and answers. The registration fee of
$250 allows you access to one website “seat,” one telephone site
license and all hand out materials. If you are unable to attend
the webinar but would like to have this information for training
purposes, you may also purchase an audio CD, handout materials
and a password to view the information online. |
|
Complete
details about the webinar, topics being covered and information
about the presenter can be found on GBA’s
Calendar of Events. With questions, please call GBA’s
Courtenay Pope at (404) 420-2015.
|
|
|
Advanced
Compliance Symposium Scheduled |
|
GBA will host its annual
Advanced Compliance Symposium on February 26-27 at the
Idle Hour Country Club in Macon. The registration fee for this
two-day event is $295 per person and Steve Moore with Bank
Compliance Services, Avondale Estates is the instructor. Day
one will include an in-depth look at the “new era” of Bank
Secrecy Act compliance as well as several interactive case
studies involving more complex residential mortgage loan
transactions. On day two and back by popular demand is the
regulator panel discussion. Participants will also review
recent regulatory changes and the compliance issues most
frequently misunderstood by bankers on the deposit and loan side
of the bank. In addition, there will be an in-depth
discussion
on how to audit or review for both loan and deposit/operations
compliance. |
|
The
following laws and regulations will also be discussed:
Please
click here to register or
contact
Courtenay Pope at (404) 420-2015 with questions. |
|
|
Register
Today for AIB Online Courses |
|
Just a
reminder that the following AIB Online classes begin the week of
February 11. Please register two weeks in advance to secure a
seat in the class. These courses are instructor-facilitated
with weekly assignments. They can be taken from the comfort of
your home or the convenience of your office. All you need is a
computer, printer and Internet access. (Classes with an asterisk
* require Microsoft Excel Software.)
-
ABA Online Review Course for the CTFA Exam
(open enrollment), 12 weeks, $795
-
Analyzing Financial Statements, 16 weeks, $485
-
Financial Accounting, 16 weeks, $485*
-
Law & Banking: Principles, 16 weeks, $435
-
Managing Funding, Liquidity, and Capital, 6 weeks, $595*
-
Principles of Banking, 16 weeks, $385
-
Today's Teller: Developing Basic Skills*
(open enrollment), 8 weeks, $295
-
Trust Basics, 16 weeks, $385
|
|
There is
still availability in the following AIB Online classes beginning
February 4. Please register as soon as possible to secure a
seat in the class.
Please see the
AIB Online Course Schedule for a complete listing or call
GBA’s
Alison Moreau at (404) 420-2034 with questions. |
|
|
Banks
Gain CRA Credit for Loans or Investment in the Senior Housing
Crime Prevention Foundation |
|
The Georgia
Bankers Association is proud to recognize the
Senior Housing Crime Prevention Foundation
as a Strategic Partner. The Senior Housing Crime Prevention
Foundation 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. The foundation uses the
funds to set up
Senior Crimestoppers programs for nursing homes
and senior HUD housing units in the bank’s direct CRA assessment
areas. Banks
also may reposition or recycle existing bonds in their
portfolios to capture the same effect, and in doing so create a
new annual CRA credit from bonds in the existing portfolios. |
|
Banks may
elect to invest or lend funds to the foundation and
will
qualify for CRA credits either way. All dollars invested in or
loaned to the foundation are fully collateralized with
investment-grade bonds, which are selected with the bank’s input
depending on the degree of risk it wants to take. Banks are
guaranteed a return on the coupon value of the bonds minus
moderate basis-points spread to cover the cost of the
Crimestoppers program. For more information, please contact
Tom Fehrmann at (877) 232-0859 or
Josh Latina at (404) 420-2022. |
|
|
GBA
Job Bank |
|
The Georgia
Bankers Association offers free job posting resources for our
member banks. These listings can be viewed
online or through our bi-weekly publication included in the
GBA Bulletin. |
|
Resume postings
are also available. For more information, please contact GBA’s
Kenyetta Parks at (404) 420-2035. |
|
|
Some
of the Services Available Through GBA Services, Inc. |
|
|
|
GBA Services, Inc. is governed by a board composed
primarily of community bank presidents who look for the best
products and services available. |
|
They do the
due diligence for you and you can rely on their efforts. For
more information or to
order any of these products or services, please call
(404) 522-1501. |
|
| Newsmakers |
|
|
Atlanta -
The Cobb Community Bank
Edith Boy has joined the bank as Vice President
of Commercial Lending.
Atlanta -
The Sandy Springs Community Bank
Tim Hett has been promoted to Branch
Manager.
Clarksville -
Habersham Bank
Michael Stewart has been named Northeast Metro
Market President in Braselton and Erica Kitchens has
been named City Manager in Flowery Branch.
Cleveland -
Mountain Valley Community Bank
Donald E. Allison has been elected President and
will continue in his capacity as Chief Credit Officer.
Virginia Crawford has been promoted to Banking
Officer.
Cumming -
The Forsyth Community Bank
Nancy Poole has been promoted to Assistant Vice
President.
Milledgeville -
Exchange Bank
Arthur T. Gunn has been promoted to Executive Vice
President and Chief Financial Officer.
Sandy Springs -
Bank of North Georgia
Todd Wright has joined the bank as Business Banking
Relationship Manager.
Toccoa -
Stephens Federal Bank
Kim Hudgins, Director of Marketing, has been
promoted to Vice President.
|

Boy

Kitchens

Poole |

Hett

Allison

Wright |

Stewart

Crawford

Hudgins |
|
Calendar of Events |
|
|
Details for
January &
February |
|
|
|
Conferences |
|
|
Jan. 30-31 |
Financial Risk Management Conference |
Atlanta |
|
March 5-6 |
Operations and Technology Conference |
Atlanta |
|
March 19-21 |
HR Professionals Institute |
Savannah |
|
July 13-16 |
Leadership Conference |
Ponte Vedra, FL |
| |
|
|
|
|
Conventions/Events
|
|
|
May 20-22 |
Washington Legislative Visit |
Washington, DC |
|
June 15-18 |
Annual Convention |
Dana Point, CA |
| |
|
|
|
|
Schools |
|
|
Jan. 17 - April 3 |
Bank Security Academy |
Macon and Savannah |
|
Feb. 18-20 |
Southeastern School of Advanced Commercial Lending |
Nashville, TN |
|
March 2-7 |
Southeastern School of Consumer Credit |
Nashville, TN |
|
May 18-23 |
Southeastern School of Commercial Lending |
Nashville, TN |
|
May 18-30 |
Graduate School of Banking at LSU |
Baton Rouge, LA |
|
|
|
|
|
|
Seminars
|
|
|
Jan. 23 |
CIP: What is Fact? What is Myth? |
Webinar |
|
Jan. 24 |
Compliance Issues for Advertising & Marketing |
Webinar |
|
Jan. 24 |
Final Red Flag Guidelines and Information Sharing Rules Under
the FACT Act |
Webinar |
|
Jan. 24 |
Implementing the New Affiliate Marketing Rules |
Webinar |
|
Jan. 28 |
Loan Doc 101: Part 2:
Lien Perfection: Getting it Right |
Webinar |
|
Jan. 29 |
Call Report Update: 041 Report: Revisions, Accounting Changes &
Regulatory Guidance |
Webinar |
|
Jan. 29 |
Flood Insurance |
Webinar |
|
Jan. 30 |
Bank Security Academy, Session 3:
Employee Investigations |
Macon |
|
Feb. 1 |
Loan Doc 101: Part 3:
Reviewing Collateral Files |
Webinar |
|
Feb. 5 |
Frontline Deposit Compliance, Part 1 |
Webinar |
|
Feb. 6 |
IRA: The Basics |
Macon |
|
Feb. 6 |
Preparing for Your IT Security Examination |
Webinar |
|
Feb. 7 |
IRA: The Basics |
Gainesville |
|
Feb. 7 |
Motivating & Managing the Teller Line |
Webinar |
|
Feb. 12 |
Compliance Issues for Consumer Lending |
Webinar |
|
Feb. 12 |
Compliance Update - What's New? |
Webinar |
|
Feb. 12 |
Frontline Deposit Compliance, Part 2 |
Webinar |
|
Feb. 13 |
Dealing with Subpoenas, Summonses, Garnishments & Tax Levies |
Webinar |
|
Feb. 13 |
Bank Security Academy, Session 4:
Effective Information Security Management |
Macon |
|
Feb. 14 |
Implementing the New Identity Theft Red Flags, Part 1 |
Webinar |
|
Feb. 19 |
Construction Lending |
Macon |
|
Feb. 21 |
Legal Issues Involved in Collection |
Webinar |
|
Feb. 26 |
Power of Attorney & Living Trust Documents |
Webinar |
|
Feb. 26-27 |
Advanced Compliance Symposium |
Macon |
|
Feb. 28 |
Basic Cash Flow Analysis |
Webinar |
|
March 4 |
Advanced Loan Documentation |
Webinar |
|
March 6 |
Implementing the New Identity Theft Red Flags, Part 2 |
Webinar |
|
March 12 |
Bank Security Academy, Session 5: Fraud |
Macon |
|
April 1 |
Analyzing Personal Financial Statements & Tax Returns |
Macon |
|
April 16 |
Loan Documentation for Lenders |
Macon |
|
April 23-24 |
Analyzing Commercial Financial Statements |
Macon |
|
April 29 |
Legal Issues of New Account Documentation & Compliance |
Macon |
|
April 30 |
Legal Issues of New Account Documentation & Compliance |
Gainesville |
|
May 8 |
Advanced Consumer Lending |
Macon |
| |
|
|
| |
American Institute of
Banking (AIB) |
|
|
Ongoing |
AIB Online Courses |
Online |
|
|
|
|
|
|
AIB Classroom
Courses |
|
|
Jan. 24 |
Principles of Banking |
Ringgold |
| |
|
|
|
Board/Committee Meetings |
|
|
Feb. 6 |
Agriculture Committee |
Macon |
|
Feb. 8 |
Georgia
Banking School Committee |
Atlanta |
|
Feb. 13 |
Southern Operations &
Technology School Committee |
Atlanta |
|
Feb. 27 |
GBA Retirement Services
Board of Directors |
Atlanta |
|
March 23-25 |
GBA Insurance Trust Board of Directors |
Cordele |
|
|
|
|
|
|
Roundtables/Peer Groups |
|
|
Feb. 1 |
President/CEO Roundtable,
Group 3 |
Macon |
|
Feb. 20 |
President/CEO Roundtable,
Group 5 |
Macon |
|
March 7 |
President/CEO Roundtable,
Group 2 |
Macon |
|
March 25 |
President/CEO Roundtable,
Group 4 |
Macon |
|
April 23 |
Finance Operations Roundtable A |
Macon |
|
April 24 |
Finance Operations Roundtable B |
Macon |
|
May 22 |
Finance Operations Roundtable C |
Macon |
|
|
|
|
|
|
www.gabankers.com |
|
|
|
|
Home I
GBA University I Member Services
I Volunteers I Government
Relations |
|
Georgia Bankers Association • 50 Hurt Plaza, Suite 1050,
Atlanta, GA 30303 • Phone 404.522.1501 • Fax 404.522.9848 •
www.gabankers.com |
|