A regular electronic publication of the Georgia Bankers Association

www.gabankers.com

August 22, 2003

About the GBA
Board of Directors

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

Fraud Reduction Program Announced
The Georgia Bankers Association will be announcing a major new initiative during the Group Meetings on how your bank can join a network of banks across Georgia to dramatically reduce fraudulent activity.  Your bank’s participation in the network will get you early warnings about fraudulent activity in your area and local law enforcement will have access to more current information to investigate fraud and bank robberies. CEOs, this is a “must attend” session for you.  Please make sure to bring your security officer to the Group Meeting to hear about this new, free member service.  You won’t be disappointed.

 

 

 

Group Meetings Begin September 3
GBA’s annual series of Group Meetings will begin in Gainesville on September 3 and end in Statesboro September 30. “Each year, these meetings give bankers across Georgia the opportunity to meet locally with their colleagues, GBA leadership and key staff. We have a great program planned, packed with information that will benefit our members,” said GBA Chairman Edward C. Milligan, Chairman and CEO of Main Street Banks, Inc. in Atlanta. The Group Meetings are important to our membership as key leaders are chosen for the association for the upcoming year at this event. Odd-numbered Groups elect a member to the GBA Board for a two-year term and each Group elects three officers to represent their Group within the GBA. The Group Chair serves on the Nominating Committee to select statewide officers and chairs at next year’s meeting. The Group Vice Chair works with the Public Affairs Committee to identify hot legislative and regulatory issues that need action. The Group Secretary works with the Community Bankers Committee to plan GBA’s educational program.  Call your Group Chair if you would like to volunteer:

Group 1:   Gary L. Johnson, Sea Island Bank, Statesboro
Group 2:   Don Monk, First National Bank of South Georgia, Albany
Group 3:   J. Ray Nipper, Colony Bank of Ashburn
Group 4:   David H. Gill, The First State Bank, Stockbridge
Group 5:   William M. Butler, Futurus Bank, N.A., Alpharetta 
Group 6:   Joseph E. Gore, First State Bank, Wrens
Group 7:   Gary W. Floyd, United Community Bank - Adairsville
Group 8:   Larry J. Paulk, Waycross Bank & Trust
Group 9:   Richard A. Hunt, Gainesville Bank & Trust
Group 10: Thomas L. Jackson, The Park Avenue Bank, Athens

If you have any questions about your Group Meeting, call GBA’s Susie McGehee at (404) 420-2010.

2003 State Legislative Issues
Governor Sonny Perdue
Lt. Gov. Mark Taylor

Georgia House of Representatives

Georgia State Senate

Federal Legislative Issues
U.S. Congress
Legislative Updates
Legal Issues

GBA BankPAC Update
Our thanks to the tremendous number of bankers who have caused several Groups to reach their goals for this year's campaign.  Click the link above to see how your Group is doing and review the list of bankers who've helped since the last Bulletin.
GFLA Preemption
With the Comptroller of the Currency’s preemption of the Georgia Fair Lending Act, the focus of attention on this and similar laws across the country is now on the proposal the Comptroller put out for comment on how these other laws will be addressed. Some in Congress are calling for hearings on the Comptroller’s actions charging he has exceeded his authority. Clearly, their intent is to reduce the Comptroller’s authority and try to reinstate the Act. The American Bankers Association has written an excellent analysis in support of the Comptroller’s preemption of GFLA and has sent detailed letters to the House Financial Services Committee and Senate Banking Committee. Our thanks to the ABA for stepping up to support the GFLA preemption. We have sent copies of the ABA letter to the entire Georgia delegation along with a one-page analysis of the preemption.

DBF Adopts New Rules
On July 28, 2003, the Georgia Department of Banking and Finance adopted the new rules and regulations implementing the annual housekeeping bill passed during the last session of the General Assembly.  While most of the provisions applied to mortgage bankers, the provisions applicable to debt cancellation contracts and ATMs are of interest to bankers.  The rules have been posted on the Department’s website. 

Calendar of Events
Schools
Conferences
Seminars
Events
American Institute of Banking
Leadership GBA
Personal Economics Program (PEP)
Internet Training

 

 

Southern Operations & Technology School Just Around the Corner
There is still time to register for the first year class in the Southern Operations and Technology School, which will be held on the University of Georgia campus October 12-17. The School is the premier school in the southeast for operations and technology personnel. Call GBA’s Marybeth Jones at (404) 420-2032 for more information.
Insurance Trust, Inc.
Retirement Services, Inc.
GBA Services, Inc.

GBA Retirement Welcomes New Member
GBA Retirement Services, Inc. is pleased to welcome Lanier Community Bank, Buford, Laurice Tatum, President, to the plan. The GBA Master Pension and Profit Sharing Trusts programs provide flexibility to meet the needs of any bank or associate member who is looking to add or change their qualified retirement plan. The Master Trust provides high quality, affordable pension, profit sharing, and Section 401(k) programs for banks and associate members of all sizes.  Please contact Mandy Richards at (404) 420-2025 for assistance with your retirement plan design.

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 on any of these services, please contact Renee Valdez at (404) 420-2036.

Community Bank Human Resource Solutions with a GBA Discount
The Georgia Bankers Association and Employment Law Compliance (ELC) are completing the second year of our partnership to offer community banks human resources solutions they need.

Community bankers in 41 states are using ELC for a wide range of human resource compliance programs designed specifically for community bankers and with a GBA member discount.

For Affirmative Action Plans, GBA and ELC provide a convenient and cost-effective way to implement and update your organization’s affirmative action program.  Banks with 50 or more employees are required by September 30 to file an EEO-1 Report with federal regulators concerning their employment characteristics.  Many Banks want to complete both their Affirmative Action Plan and the EEO-1 at the same time, in the month September.  GBA and ELC are therefore offering a 20% discount for plans completed by September 30.

Bank Size

Member Price

Non-Member Price

50-100
Employees

$1,760 until Sept. 30
(Regularly $2,200)

$2,500

101-200
Employees

$2,160 until Sept. 30
(Regularly $2,700)

$3,100

201-350
Employees

$2,640 until Sept. 30
(Regularly $3,300)

$3,750

351 or more
Employees

Individually
Negotiated

Individually
Negotiated

 

For more information contact ELC’s Steve Green at (770) 206-3371, or GBA’s Renee Valdez at (404) 420-2036.

Athens, Athens First Bank & Trust Company
The bank announces the following promotions and additions:  Lee Evans, Nancy Piotrowski and Marqueta Reese to Assistant Vice President and Claudia Markham to Banking Officer. Joe Crosland as Vice President; Neil Glezen, Joe Carson, Robert Cook as Assistant Vice President; Frank Stewart as Banking Officer; and Dr. Mary Bess Jarrard as Director.

Augusta, Georgia Bank & Trust
Congratulations to John T. Chandler for being July’s top Mortgage performer.

Hartwell, First Citizens Bank
Kevin Heaton has joined the bank as Vice President.

Latest Bank to Link
Welcome to Community Bank of the South, Smyrna, Lee Scroggins, President, as the latest member to link to GBA’s website. Call Lydia Thomas at (404) 420-2039 when your bank is ready to link.

Join Our Email Distribution List
A bonus of getting the e-Bulletin and e-Legislative Update is the number of links that are included. This is a great way to keep your key employees informed of significant industry information, trends and events. We do not disclose email addresses and only use them for internal communication purposes. Bankers from any member bank can be added to the email distribution list by sending an email containing the name and email address of each individual to GBA’s Lydia Thomas. 

For more information, send an e-mail to the Webmaster.

GBA Staff e-mail and direct phone numbers, snail mail addresses, fax and phone numbers