Group Meetings Off
to Strong Start
400 people attended the first four of 10 annual
GBA Group Meetings
this past week in Cartersville, Athens, Gainesville and Atlanta.
Our thanks to the Group Chairs for their help in hosting the
meetings: Mike McPherson, Unity National Bank,
Cartersville; Charles Haney, Bank of Madison;
Chestatee State Bank, Dawsonville; and Jorge Forment,
United Americas Bank, Atlanta. The Group Meetings will
resume the week of September 20. Click
here for the brochure or to register online.
Sept. 20: Group 3 – Houston Lake Country Club, Perry (luncheon)
Sept. 20: Group 2 – Doublegate Country Club, Albany (dinner)
Sept. 21: Group 6 – Idle Hour Country Club, Macon (luncheon)
Sept. 21: Group 4 – Newnan Country Club (dinner)
Sept. 22: Group 8 – Douglas Country Club (dinner)
Sept. 23: Group 1 – Forest Heights Country Club, Statesboro
With questions, please call GBA’s
Susie McGehee at (404) 420-2010.
Third Annual Georgia BankPAC Classic
Registrations are coming in at a steady pace for
Leadership GBA’s Fourth Annual
Georgia BankPAC Classic. This two-man scramble
tournament will be held on Wednesday, October 20, at
The Club at River Forest in Forsyth. The registration for this
event is $300 per two-man team or $150 per person. The fee includes
greens fees, cart, range balls, lunch and a reception. A
registration form is enclosed in this Bulletin for your
convenience. This event is a great opportunity to invite your
legislators and directors to meet your colleagues in the banking
industry across the state.
Register now for this fun event and a chance to win the
Georgia BankPAC trophy. Proceeds will go to the GBA’s State
Political Action Committee and the fund-raising goal for the
tournament is $8,000. With a record number of political races in
Georgia, PAC support is critical. Please call GBA’s
at (404) 420-2010 with questions.
GBA BankPAC Update
Since our last report, the
following companies have participated by contributing to the GBA StatePAC:
Colony Bank Southeast, Douglas
ABC Bancorp, Moultrie
CEO, The Citizens Bank of Swainsboro
In addition, officers and directors of the following companies have
contributed to the GBA FedPAC:
CEO, Community Bankshares, Inc., Cornelia
Gainesville Bank & Trust
Riverside Bank, Marietta
CEO, The Citizens Bank of Swainsboro
Thanks to all for your support. Please contact
Elizabeth Chandler at (404) 420-2027 with questions or for
GAO Supports GBA Position on Credit Union Capital Standards
has been opposing the credit unions’ attempt to reduce their capital
requirements while expanding their business lending authority. The
H.R. 3579, redefines a credit union’s net worth ratio
which would weaken their compliance
with the prompt corrective action regulations. The General
Office released a report this week to Congress
essentially saying the credit union’s attempt is unwarranted. The
credit union industry is planning a series of trips to Capitol Hill
this fall to plead their case with individual members of the Georgia
delegation. So far, none have signed on as co-sponsors of the bill
and we encourage our members to let your
Congressman know your views.
Fall AIB Classes Begin Next Week
bankers have the opportunity to register for one of 59
AIB courses offered in 25 locations as part of the
Fall AIB Semester which begins September 13. These
courses are led by active bankers experienced in the field, and
classes are forming during the months of September, October,
November and December. There are two other options to take AIB
Classes – both online. GBA offers 43
instructor-led courses with specific assignments each
week. We also offer 60
self-paced classes. Call GBA’s
Edie Canales at (404) 420-2034 with questions.
Bank Counsel CLE Credits Approved
Commission on Continuing Lawyer Competency has recently
approved 7 general CLE hours for the
Bank Counsel Conference program agenda. The conference,
scheduled for October 3-5 at the
Westin Savannah Harbor Resort, is being held in conjunction
President/CEO Conference. This event will give bank
attorneys an opportunity to learn more about the latest hot topics
in the banking legal arena while visiting with bank presidents.
Rooms are still available and you may call the hotel directly at
(912) 201-2000 to make your reservation. GBA’s
Bank Counsel Section provides a forum for bank counsel to
be more knowledgeable in the areas of bank examination, regulation,
compliance and the general business of banking. For more
information about the conference or becoming a Bank Counsel Section
member, please call GBA’s
Susie McGehee at (404) 420-2010.
Peanut Bank Week
Peanuts Pride of the South
is the theme for
this year’s Peanut Bank Week,
sponsored by the GBA’s
Agriculture Committee, chaired by Bill Twomey at
Cook Community Bank in Adel, and the
Georgia Peanut Commission. Georgia Peanut Bank Week was
developed to salute Georgia’s official state crop. Banks have the
opportunity of joining in the promotion and celebrating the success
of Georgia’s peanut producers during the week of October 11-15.
To sign up, please contact the Georgia Peanut Commission’s Marcus
Evans at (229) 386-3999.
Get Smart About Credit Day–October 21
a fact of life for most Americans. It helps you purchase dreams
like a home,
car or a college
education and can also lend a hand in an emergency. Yet, the
choices you make about how you use your first credit card or handle
your first loan, can change your life for years to come. That’s why
bankers are going into high school classrooms, connecting with youth
groups, and visiting college campuses across America on
Get Smart About Credit Day on
Thursday, October 21. At this event, cosponsored by
Leadership Development Section and the
ABA Education Foundation, bankers will help
young people get smart about credit now so they can make smart
financial choices later.
a community leader, you can help young people learn the dos and
don’ts of credit now so they can make smart financial choices
later. Participation is easy. Contact your local high school,
connect with youth groups, or visit college campuses and schedule a
credit presentation for October 21–Get Smart About Credit Day. The
ABA Education Foundation has created an excellent resource kit that
contains everything you need for your presentation. Included in the
kit are a video, lesson plans, hands-on activities and worksheets
that youth can relate to. To order your resource kit, simply
order form, call the ABA at
1-800-BANKERS or visit the
If you have any questions about the kit or the program, call GBA’s
(404) 420-2010 or
Fran Williams at (404) 420-2015. Help make a difference in
the lives of young people.
TSSCL Graduates Georgia Bankers
Georgia bankers were among bankers from six states to complete
requirements for graduation from
The Southeastern School of Commercial LendingSM
Congratulations to John deFrances,
Federal Reserve Bank, Atlanta who graduated with top honors,
Jennifer Duprow, Federal Reserve Bank, Atlanta, who
earned honorable mention, Robert Hawkins, Federal Reserve Bank, Atlanta,
and Tim Treat,
The Bankers Bank, Atlanta. A total of 66
bankers from Tennessee, Alabama, Georgia, Kentucky, Minnesota, and
Mississippi attended the annual program, which is held at the
Owen Graduate School of Management
Vanderbilt University campus in Nashville. The TSSCL is an
intensive, one-week school that exposes students to the major issues
commercial loan officers face on a daily basis.
Credit Committee Survey Reminder
has been asked to support a university research project in the
commercial lending arena. What’s being investigated is whether a
company can lower its cost of capital by increasing its disclosures
and the researchers have designed a web experiment where commercial
loan officers evaluate a loan application and make an accept/reject
decision. Embedded in the loan application is information about the
type of financial data the bank will receive from the company.
Survey participants are also asked to assign an interest rate that
might be charged if the bank accepts the loan application. The
entire experiment should last 15-20 minutes and I am assured the
completely anonymous. When previewed, the survey was not password
protected but if prompted for a user name, type in: GBA; the
password is: loan. We will share the
tabulated survey results with you.
Retirement Services Welcomes New Member
GBA Retirement Services, Inc.
is pleased to welcome to the Trust First National Bank of Decatur
County, Bainbridge, Tracy Dixon, CEO. The programs
offered through the GBA Master Pension and Profit Sharing Trust
provide flexibility to meet the needs of any bank or associate
member who may be looking at adding to or changing 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 more information about
how GBA can help you with your retirement plan design.
Valdosta Area Hospitals Join Blue Cross Blue Shield PPO
happy to inform our participants in the
GBA Insurance Trust that
Blue Cross Blue Shield has reached an agreement with several
hospitals in the Valdosta area. As of October 1, 2004, the
following facilities will be considered in-network: South
Georgia Medical Center, Valdosta; Clinch Memorial Hospital
(a critical care facility), Homerville; and Louis Smith Hospital,
Lakeland. Our PPO participants may now use any of these 3
facilities and get in-network benefits. As always, employees can
visit the BCBS
website to see a complete listing of in-network doctors.
Please call GBA’s
Susan Kelley at (404) 420-2017 with questions.
Check Fraud Season is Right Around The Corner …Are you Ready?
fraud costs banks and their customers millions of dollars each year.
With this simple and cost effective program, you can lower your
Georgia Bankers Association has promoted the
Signature Program for over 7 years. The Program has seen
wide spread growth, not only in the financial industry, but also
through your commercial customers. Check Fraud is not prejudice, if
affects everyone. This simple, inexpensive program can help deter
check fraud, significantly.
Does It Work?
When non-account holders ask to cash a check, in addition to
requesting the standard forms of identification, participating banks
also ask them to place an impression of their thumbprint on the face
of the check. A small “inkless” touch pad facilitates the process.
Although the touch pad looks and operates just like a traditional
inkpad, it leaves no stain or residue on users or clothing. The
procedure is quick, simple and clean. Banks do not maintain a data
bank of Thumbprint Signatures. Law enforcement officials only in
cases use these signatures where fraud is suspected.
The program works as a natural deterrent. Criminals seeking to
commit check fraud are unlikely to put their thumbprints on bogus
checks. Most likely they will try their schemes elsewhere, and
those who are foolish enough to cooperate leave a positive I.D. that
can be turned over to law enforcement.
How Do We Get Started? There is no start-up fee other than
the cost of the actual Thumbprint pads and products themselves. The
Thumbprint pads will now last 1,500-2,000 impressions, three times
longer than the previous pad. You’ll want to be sure to order
decals to post at all entrances to let people know you are
participating in the program and warn potential criminals that their
crimes will not go undetected. Teller window displays and statement
stuffers are also available. Just complete the order form on the
reverse side and fax to (404) 522-9848 or call GBA’s
Kenyetta Parks at (404) 420-2035 or
Renee Valdez at (404) 420-2036.
2004 GBA Salary Survey Completed
appreciate everyone’s participation in this year’s survey. We are
pleased with this year’s survey and have added quite a few new
features including trend reports requested by this year’s
Committee. The completed survey will be sent early next
week to those banks that participated in the compilation. Pricing
is based on the asset size of your bank so everyone can take
advantage of the survey. If you were unable to participate but
would still like to receive a copy, please call GBA’s
Renee Valdez at
GBA Job Bank
The Georgia Bankers Association offers free job posting resources
for our member banks. These listings can be viewed
through our bi-weekly publication included in the GBA Bulletin.
Resume postings are also available. For more information please
(404) 420-2036 or
Parks (404) 420-2035.
First American Bank & Trust Co.
has joined the
bank as Vice President and Commercial Lending Officer. Jim
Collins has been promoted to Vice President and Compliance
Officer; Natalie Nix to Assistant Vice President and Human
Resources Officer; and Beth Akin-Whiting to Mortgage
BANC Financial Group
Brent Cherry has joined the firm at Vice President of
Business Development and Accounts Executive.
Congratulations to CEO Michael Cotes, officers and
staff on recently receiving the
CIO 100 Award from
Chief Information Officer
Carrollton - Citizens Bank & Trust of
Ted Edgar has joined the bank as President and CEO
with James A. Gill remaining as Chairman.
GB&T Bancshares, Inc.
State Senator Casey Cagel has joined the Board of
The National Bank of Gainesville
has joined the bank as President and CEO and Michael Lynch as
Senior Vice President.
Bank of Hiawassee
has joined the
bank as Chief Financial Officer.
First Chatham Bank
has joined the
bank’s mortgage lending team.
Savannah - First National Bank
announces new staff at its Pooler branch: Kay C. DuLong as
Operations Clerk; Patti Olson as Loan Auditor; Hazel
Rodgers as Operations Officer; Jennifer Sapp as
Administrative Assistant; and Brianna Tucker as Teller.