A regular electronic publication of the Georgia Bankers Association

www.gabankers.com

January 19, 2001

 

About the GBA
Board of Directors

Bank/Thrift CEOs
Georgia Banks Online
Associate Members
Strategic Partners & Products
Bank Counsel Section
Volunteer Committees
Electronic Publications

Congratulations, Laura Vann
GBA’s “First Lady” Laura Vann was recognized as Citizen of the Year by the Camilla Chamber of  Commerce for her work assisting the victims of the Valentines Day tornados that devastated their community last year.  Camilla's population is approximately 5,000 people and over 1,500 people in this small community were affected by the tornados. There were 205 homes totally destroyed and 110 homes had major damage. Laura has worked tirelessly to help people rebuild their homes and lives.  Laura also serves as a director of the Planters & Citizens Bank in Camilla.  Congratulations and THANK YOU, Laura.

 


Annual Convention

 

 

Thank you for the vote of confidence!
The initial results are in of the CEO Survey determining your satisfaction with GBA, and we appreciate your tremendous favorable response.  “We spent the last three years getting member input, reviewing our entire range of services and implementing changes to ensure the association was serving member needs,” said GBA Chairman E.J. “Jud” Vann, IV, President of Planters & Citizens Bank in Camilla.  “We wanted our members to give us feedback on the association as it is now structured as well as to make sure we clearly understood where the membership wanted our priorities to be in the future.  The survey did just that,” Jud concluded.  Following are the compiled results of the survey ranked in order of importance to those responding:

Topic of Question

Rated Very Important

Excellent/Good Rating

Lobbying

93%

89%

Staff

92%

93%

Education

68%

94%

Insurance/401(k)

65%

88%

Publications

41%

99%

Website

25%

81%

Overall Satisfaction

 

94%

Our thanks to dotcomments.com, a multi-modal, technology-based satisfaction response company in Albany who partnered with the GBA to conduct the survey.  Of those who completed the survey, 79% used the online method and 21% used the touchtone telephone method.

Electronic Benefit Transfer Changes
The HONOR Financial Network has supported the Electronic Benefit Transfer (EBT) program in Georgia for the past several years by making EBT cash withdrawals a required transaction on their member banks’ ATM machines.  The STAR Network recently acquired HONOR and is making changes that impact banks.  Effective March 12, 2001, all transactions will be processed through the QUEST rules.  As such, each HONOR bank that wishes to continue making their ATM machines available to EBT cardholders must complete a QUEST agreement and forward the paperwork to STAR.  We encourage our members to continue supporting this program and suggest you call STAR at (407) 875-2500 with questions about how to make the change or with general questions, call Linda Porter, the Georgia EBT Director, at (404) 656-7696 or the contractor, Bill Brennan of Citicorp Services, Inc. at (404) 572-6550.

2001 State Legislative Issues
Governor Roy Barnes
Lt. Gov. Mark Taylor

Georgia House of Representatives
Georgia State Senate
Federal Legislative Issues
U.S. Congress
Legislative Updates
Legal Issues

 

 

Congratulations,  President Bush
George W. Bush is slated to be inaugurated tomorrow in Washington.  Mr. Bush is well aware of issues facing the banking industry and is makingGeorge W. Bush every effort to determine where our priorities fit within his overall agenda.  Although bipartisanship is being touted, we anticipate the slim majority in the House and the power sharing agreement in the Senate will make it extremely difficult to pass any controversial legislation.  We are focusing on reforming the FDIC, expanding tax advantages for savings accounts, eliminating the estate tax, bankruptcy reform, protecting the privacy of financial records, predatory lending and agricultural and small business lending programs.  The GBA leadership will be in Washington April 24-26 discussing these issues with the Georgia delegation, the regulators and key associations.

Calendar of Events
Schools
Conferences
Seminars
Events
Georgia AIB
Leadership GBA
Personal Economics Program (PEP)
Internet Training

Mark Your Calendar - Banking Expo 2001 Scheduled for March 27-28
Plans are well under way for Banking Expo 2001: Your Portal to Success.  This biennial event will be held March 27-28 at the Cobb Galleria Centre in Atlanta.  Exhibitors are being registered daily and we plan to offer many resources, products and services that will benefit all areas of your bank under one roof.  The Operations/Technology Committee has also prepared a great educational program that you won’t want to miss.  Our keynote speaker, Representative Johnny Isakson, will give us an update on important banking legislation and brief us on other congressional activity.  Several educational sessions have also been planned that will cover hot topics such as website development, internet and network security, courtesy overdraft protection and employee retention.  Publicity brochures, including a registration form, will be mailed in two weeks.  If you have any questions about the Expo, call GBA’s Susie McGehee at (404) 420-2010, Marybeth Jones at (404) 420-2032 or Edie Canales at (404) 420-2034.  This will be your last chance to experience this event until 2003!    

Georgia Banking School
Twenty bankers took advantage of the Early Bird registration and enrolled in the 2001 freshman class of GBA’s Georgia Banking School to be held April 29-May 4 at the University of Georgia in Athens. Having broken total enrollment figures for the past three years, another sellout at 70 is expected. We recommend each bank make its Georgia Banking School registration decisions as soon as possible to insure a slot.  Call GBA’s Marybeth Jones at (404) 420-2032 with questions.  

CEO Academy: A Peer-to-Peer 
Roundtable for Executive M
anagement
 
The second session of the CEO Academy will be held February 5 at the City Club of Macon and will focus on Compliance Management. Blair Rugh, Executive Director and Senior Vice President of Kirchman Regulatory Services, will facilitate the session.  Blair is one of GBA’s most requested instructors and will lead discussions on reducing compliance costs, avoiding problems due to lack of day-to-day compliance management and making sure you are covering all of your bases without over-complying.  The CEO Academy is designed in a peer-to-peer roundtable format and addresses issues of importance to CEOs, presidents and executive management. You may attend all six sessions or select individual sessions to attend based on the content.  For more information call GBA’s June Somers at (404) 420-2012.

6th Annual Southeastern Bank
Management and Directors Conference

This annual conference sponsored by the Terry College of Business at the University of Georgia and cosponsored by the Georgia Bankers Association is a must for bank directors and senior management.  It provides a forum for senior management and directors of community banks and bank holding companies to discuss and hear presentations about the key issues facing their institutions in this rapidly changing financial and technology environment.  The 2001 Conference will focus on the topic of Bank Valuations and will look particularly at what the stock market is telling us about the outlook for the industry and what managers can do to enhance shareholder value. The conference is offered in two locations:  February 16 at the King & Prince on St. Simons Island and February 22 at Chateau Elan in Braselton.  Contact GBA’s Marybeth Jones at (404) 420-2032 for further information.

Financial Risk Management 
Conference Slated for March 14-15

Investment and funding strategies, building successful A/L models and bank stock valuations and M&A activity are just a few of the topics on the program agenda for this year’s Financial Risk Management Conference March 14-15 at the Renaissance Waverly Hotel in Atlanta.  One of the keynote speakers on the program will be Christopher Low, Chief Economist for First Tennessee Capital Markets. Chris will give an economic overview and the outlook for interest rates.  Call the hotel directly at (770) 953-4500 to make a reservation prior to the February 16 deadline.  Please call  GBA’s June Somers at (404) 420-2012 for more information.

Insurance Trust, Inc.
Retirement Services, Inc.
GBA Services, Inc.

 

Customer Privacy Manual
Now Available
In an effort to assist our members in complying with the new consumer privacy regulations promulgated by the Gramm-Leach-Bliley Act, we are pleased to announce the availability of a comprehensive manual, “Customer Privacy in Banking,” providing a detailed resource for institutions.  This 200-page manual, developed by the National Association for Bank Security, provides an easy-to-understand explanation of each requirement of the new privacy regulations issued by the four federal banking supervisory agencies (FDIC, OTS, OCC, and Federal Reserve).  It also includes sample privacy notice clauses, as well as reprints of each set of regulations issued by the respective banking supervisory agencies.  If you are interested in ordering this manual for your institution, click here for the order form.  If you have further questions, please do not hesitate to contact the National Association for Bank Security at (800) 390-6227 or call GBA’s Marybeth Jones at (404) 420-2032.

Welcome New Associate Members
At the recent GBA Board of Directors meeting, the following firms were admitted into Associate Membership:

  • Centura Bank, Rocky Mount, NC.  Contact:  Greg Frederick (252) 454-8236

  • CheckFree Corp., Atlanta.  Contact:  Brenda Jones (678) 375-3430

  • Galaxy Computer Services, Inc., Manassas, VA. Contact:  Lyle Cameron (703) 393-1464 (a network security company)

  • Morgan G. Murphy, Consultant, Albany  (229) 439-9734

  • Safeguard Business Systems, Inc., Tampa, FL.  Contact Karen Hegemeier (813-835-4624

Please help us welcome our newest members and remember them and our other associate members when you are reviewing service providers.

Atlanta, Porter Keadle Moore, LLP
Deborah Sessions and Sal Inserra have been admitted to the partnership.

Augusta, Georgia-Carolina Bancshares, Inc.
The following promotions have been announced:  Laura O. Morgan and Michelle G. Starnes to Assistant Office Manager and Lynn Mosley Lambert to Administrative Officer.

Dublin, Farmers and Merchants Bank
Frances F. Purvis has been promoted to Senior Vice President & Cashier and Samuel W. Beall to Senior Vice President and Branch Manager.  Chris J. Cook has been elected Assistant Vice President.

Rockmart, United Bank & Trust
Our sympathies to the family and colleagues of CEO J. Steven Walraven who passed away on January 4. 

Thomaston, West Central Georgia Bank
Mike Streetman has been promoted to Vice President and Julie Peyton to Assistant Banking Officer.

Twin City, Durden Banking Company
William L. Mathis has been elected to the Board.

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