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September 9, 2005

Bankers Respond to Katrina Disaster
In an email we sent to our member bank Chief Executive Officers earlier this week, we told you about the requests from our colleagues at the Louisiana, Mississippi and Alabama Bankers Associations to contribute to the American Red Cross.  As is typical of bankers, the response has been significant.  For example, we know of three of our members who are matching employee donations:  Pin Pin Chau, Summit National Bank, Atlanta; Bob Voyles, BankSouth, Greensboro, and Tom Wiley, Flag Bank, Atlanta; and we are confident there are many more examples.  Flag Bank has also joined with a local charity to replace toys lost by children in the disaster area.  We have also heard of various individual bankers who have volunteered at evacuee shelters and with other local relief efforts.  Thank you all for your overwhelming response.  The American Bankers Association has created a page on their website containing federal and private resources as well as other extensive data at http://www.aba.com/Solutions/Recovery.htm.  And finally, our colleagues at the Louisiana Bankers Association have sent us a list of contact names for each of their banks in the stricken area should you have inquiries from customers of those banks.

Special Request from the Louisiana Bankers Association
We have been in touch today with our colleagues at the Louisiana Bankers Association (LBA) and they have one specific request for assistance and asked that we pass it along to our members.  One third of the Louisiana banks (45) were affected by the storm and many have not been able to actually reopen in either Orleans or Jefferson Parrish; limited service has been available through electronic means.  In the Orleans Parrish, the bankers there are also unsure what is left of some of their facilities since that area is totally evacuated.  On Monday, the Jefferson Parrish President is going to allow 16 branches to open and the 31 banks operating in that Parrish will be sharing these branches.  There may be a need in the next few days or weeks for additional backup generators and mobile branch facilities, and the LBA is trying to locate these for their banks.  If your bank has either a backup generator or a mobile facility that you are not using or which will soon become available, will you please let us know.  Renee Valdez of our staff is coordinating the list and she can be reached at (404) 420-2036.  Again, at this point, we are just trying to get a list of resources together and appreciate your help in that process.

Group Meetings Off to a Great Start
Thanks to our members who came in large numbers to the first four of 10 annual GBA Group Meetings this past week in Athens, Braselton, Rome and Atlanta.  Our thanks to the Group Chairs for their help in hosting the meetings:  Bill Cabaniss, The Commercial Bank, Crawford; Tim Perry, The Citizens Bank of Forsyth County, Cumming; Steve Chatham, First Horizon Bank, Dallas; and Chris Burnett, Cornerstone Bank, Atlanta.  The Group Meetings will resume next week on September 13.  The remaining six Group Meetings scheduled are:
  • Sept. 13: Group 6 – Idle Hour Country Club, Macon (luncheon)

  • Sept. 13: Group 4 – Pilgreen’s on Lake Dow, McDonough (dinner)

  • Sept. 14: Group 3 – Georgia SW Golf & Conference Center, Americus (luncheon)

  • Sept. 14: Group 2 – Doublegate Country Club, Albany (dinner)

  • Sept. 15: Group 8 – Douglas Country Club (luncheon)

  • Sept. 15: Group 1 – Forest Heights Country Club, Statesboro (dinner)

If you have questions about your Group Meeting, please call GBA’s Susie McGehee at (404) 420-2010.  Click here to register online.

AIB Update
For the last 20 years, GBA has been delivering the American Institute of Banking (AIB) program in Georgia.  We have reorganized AIB in a way we believe can bring the AIB program to every bank in Georgia.  There are areas in the state where the traditional classroom courses have strong support, and we will continue to offer classroom courses but in a more targeted manner.  In the past, you have received the GBA Advantage listing course topics, start dates, locations, instructors and registration information.  In lieu of this “mass marketing” approach of classroom courses, we have changed the focus to more customized classes.  Joining the GBA staff to coordinate our classroom courses is Alison Moreau and she can be reached at (404) 420-2034.  In addition to these traditional “in-person” classes, we also offer two other online delivery options for AIB.  Instructor-led online courses range from five to 16 weeks and can be taken anywhere you have Internet access.  These courses start and end on specific dates.  There are weekly assignments and an instructor is always available via email.  Please see the schedule of instructor-led online courses.  Another online method of taking AIB is through self-paced online courses.  These courses are more skills-related and take from one to eight hours to complete.  Students can begin at any time, on any day, since all coursework and quizzes are completed over the Internet and no textbook is needed.  GBA’s Fran Williams is coordinating all of our online AIB offerings and can be reached at (404) 420-2015.

General Assembly in Session
Governor Sonny Perdue called the General Assembly into special session this week to ratify his administrative order temporarily eliminating the sales tax on gasoline. Bill Hamrick, Chairman of the Senate Banking and Financial Institutions Committee, held a committee meeting on Thursday to get a report from Banking Commissioner David Sorrell on Georgia state-chartered banks’ ability to cope with disasters similar to Hurricane Katrina. The Commissioner informed the committee how banks develop, monitor and test backup systems.  He also relayed information FDIC Chairman Don Powell had reported on the banks in the hurricane stricken areas and that banking services were quickly being restored.  The Commissioner told the Committee that he had declared a temporary limited emergency for Georgia banks asking them to consider offering special assistance to customers of banks evacuating here.

Congress Returns
Congress returned from their August recess this week to face responding to the Hurricane Katrina disaster and another Supreme Court vacancy.  Other issues will clearly take a lower priority.  On the credit union issue, we were extremelyTake Action disappointed to get word this week that Georgia Congressman Sanford Bishop (D-Columbus) cosponsored the credit union's bill that gives credit unions greater commercial lending authority while reducing their capital requirements.  From the chart below, you will see 59 bankers in his district wrote in opposition to the bill, but that was not enough.  We hope our members will stop what your doing and click on the Action Alert to use the simple computer program the American Bankers Association has provided to send your letter.  Our goal is 2,990 letters and to date, 764 have been written.  
 

District

Legislator

Web Letters
as of August 26

Web Letters
as of Sept. 6

1

Representative Jack Kingston

80

82

2

Representative Sanford Bishop

54

59

3

Representative Jim Marshall

137

138

4

Representative Cynthia McKinney

4

4

5

Representative John Lewis

19

21

6

Representative Tom Price

14

16

7

Representative John Linder

27

27

8

Representative Lynn A. Westmoreland

46

46

9

Representative Charles Norwood

89

90

10

Representative Nathan Deal

95

95

11

Representative Phil Gingrey

66

67

12

Representative John Barrow

92

96

13

Representative David Scott

23

23

Total Number of Letters

746

764

 

BankPAC Contributions Going Well
The 2005 BankPAC Campaign has had a very good week.  Both the FedPAC and StatePAC have had significant contributions come in and our thanks go to the list of contributors mentioned on the BankPAC Update.  Please call GBA’s Elizabeth Chandler with any questions at (404) 420-2027.

Third Annual Georgia BankPAC Classic
Registrations are coming in at a steady pace for Leadership GBA’s Fifth Annual Georgia BankPAC Classic.  This two-man scramble tournament will be held on Wednesday, October 19, at The Big Canoe Golf Club in Big Canoe.  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.  This event is a great opportunity to invite your legislators and directors to meet and network with your colleagues in the banking industry across the state.  Register now for this challenging and fun event and a chance to win the Georgia BankPAC trophy.  If you have any questions concerning the tournament, call GBA’s Susie McGehee at (404) 420-2010.

Georgia Banking School Special
The annual “Early Bird Special” is now available to first year students who register for the Georgia Banking School before January 1, 2006.  Register now to save $125.  Call GBA’s Marybeth Jones at (404) 420-2032 for details.

Bank Counsel CLE Credits Approved

The Commission on Continuing Lawyer Competency has recently approved 6.8 general CLE hours for the Bank Counsel Conference program agenda. The conference, scheduled for October 2-4 at The Ritz-Carlton Lodge, Reynolds Plantation on Lake Oconee, is being held in conjunction with GBA’s 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 (800) 241-3333 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.

Status of Important Banking Cases
The “Status of Important Banking Cases” is made available monthly to members of the Bank Counsel Section as an enhanced value to your membership.  Check out the benefits of joining if your bank’s counsel is not yet a member or call GBA’s Renee Valdez at (404) 420-2036.

Get Smart About Credit Day–October 20
Credit is a fact of life for most Americans.  It helps you purchase 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 affect your life for years to come.  That's why bankers will be going into high school classrooms, connecting with youth groups, and visiting college campuses across America on Get Smart About Credit Day on Thursday, October 20.  At this ABA Education Foundation-sponsored event, bankers will help young people get smart about credit now so they can make smart financial choices later.  As 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.  Just contact your local high school, youth groups, or college and schedule a credit presentation for October 20–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.  You may order your resource kit online or call the ABA at 1-800-BANKERS.  If you have any questions about the kit or the program, call GBA’s Fran Williams at (404) 420-2015 or Susie McGehee at (404) 420-2010.  Plan today to make a difference in the future of your community’s young people.

Welcome, New Colleagues
The GBA is pleased to welcome two new people to our staff.  As mentioned earlier in this Bulletin, Alison Moreau has joined us to coordinate our AIB classroom courses.  When Alison was a banker, she took a number of AIB courses and recently has been one of our most respected instructors.  To schedule classes in your bank or area, please call her at (404) 420-2034.  We also welcome Jennifer Stevens to GBA’s Professional Development department.  Jennifer joins us with extensive experience in event planning, management and sales.  Jennifer will be working in all areas of the department and can be reached at (404) 420-2024.  Please join us in welcoming our new colleagues.

Welcome New Participant
The GBA Insurance Trust, Inc. Board of Directors welcomes to the Trust Bank of Ellijay, Britt Henderson, CEO. This company joins more than 290 community banks and associate members in this unmatched member benefit.  Please call GBA’s Susan Kelley at (404) 420-2017 for details.

2005 GBA Salary Survey Completed
We appreciate our members’ participation in this year’s Salary Survey and the completed survey has been sent to those banks participating in the compilation.  We are pleased with this year’s survey as we have added a number of new features including trend reports requested by this year’s Human Resource Subcommittee.  If you were unable to participate but would still like to receive a copy, please call GBA’s Renee Valdez at (404) 420-2036. Pricing is based on the asset size of your bank so everyone can take advantage of the survey.

Gladiator Technology Delivers CoreDEFENSE Flagship Offering to Protect Financial Institutions in New Regulatory Environment
In response to recommendations set forth in recent federal legislation, Gladiator Technology Services, Inc. is reintroducing CoreDEFENSE, its integrated, comprehensive 24x7x365 intrusion prevention and detection security service, specifically designed and developed for financial institutions.  More…

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 Renee Valdez (404) 420-2036 or Kenyetta Parks (404) 420-2035.

Did You Miss Last Week’s e-Bulletin?
A reminder to those of you who are only on the mailing list to receive the printed version of our Bulletin:  on alternating Fridays, we publish an abbreviated electronic version of our Bulletin that covers regulatory issues, hot topics and breaking news stories that have occurred during the week.  This version of the Bulletin is sent only via email so if we do not have your email address, you are missing out on some key information.  To receive our e-Bulletin, please send an email with your address to Lydia Thomas.  We do not disclose email addresses.

Newsmakers:

Athens - Bank of Athens
Bob Boswell
has been appointed to the bank’s Advisory Board of Directors.

Atlanta - Porter Keadle Moore, LLP
Congratulations to Tim Keadle, Partner, and staff on recently earning Practical Accountant’s Practice Innovation Award.

Darien - Sapelo National Bank
Randy Hicks
has joined the bank as Vice President and Chief Financial Officer.

Gainesville - Gainesville Bank & Trust
Linda Duke Ingle
has been promoted to Senior Vice President.

Jonesboro - Heritage Bank
Judge Stephen Boswell
has joined the bank’s Board of Directors.  Congratulations, also, to Jim Floyd, CEO, officers, directors and staff on celebrating the bank’s 50th year.

Smyrna - Community Bank of the South
Jason Waters
has joined the bank as Assistant Vice President and Commercial Lender and Ryan B. Tucker has been promoted to Assistant Vice President and Construction Lender.

Thomasville - Bank of Thomas County
Ronald K. Bell
has joined the bank as President and Chief Executive Officer.

Calendar of Events

Details for September

 

Conferences

 

Sept. 13-14 Solutions 2005: GACHA Payments Conference Atlanta
Oct. 2-4 President/CEO Conference Lake Oconee
Oct. 2-4 Bank Counsel Conference Lake Oconee
Oct. 27-28 Marketing Conference Atlanta
Nov. 30 - Dec. 1 Credit Conference Atlanta
Feb. 8-10, 2006 HR Professionals Institute Braselton
March 2-3, 2006 Financial Risk Management Conference Atlanta
March 16-17, 2006 Operations and Technology Conference Atlanta
April 6-7, 2006 Security Conference Savannah
May 25-26, 2006 Rural Development and Lending Conference St. Simons Island
     

Conventions/Events

 

Sept. 13 Group 6 Meeting Macon
Sept. 13 Group 4 Meeting McDonough
Sept. 14 Group 3 Meeting Americus
Sept. 14 Group 2 Meeting Albany
Sept. 15 Group 8 Meeting Douglas
Sept. 15 Group 1 Meeting Statesboro
Oct. 19 BankPAC Golf Classic Big Canoe
     

 

Schools

 

Nov. 6-11 Southern Operations & Technology School Athens
Feb. 20-22, 2006 Southeastern School of Advanced Commercial Lending Nashville, TN
March 5-10, 2006 Southeastern School of Consumer Credit  Nashville, TN
April 30-May 4, 2006 Georgia Banking School Athens
May 21-26, 2006 Southeastern School of Commercial Lending Nashville, TN
May 21 - June 2, 2006 Graduate School of Banking at LSU Baton Rouge, LA

 

 

 

 

Seminars

 

Sept. 13 2005 IRS Information Reporting for Financial Institutions Telephone
Sept. 14/15 IRA Update Gainesville/Macon
Sept. 15 Compliance Issues for Marketing & Advertising Webinar
Sept. 15 NEW SEMINAR:  FDIC Deposit Insurance - In Spanish Telephone
Sept. 20 Calling Skills for the Real World Telephone
Sept. 22 Repossession & Sale of Collateral Telephone
Sept. 22 Loan Documentation for Lenders Macon
Sept. 22 Opening New Accounts, I Webinar
Sept. 23 Opening New Accounts, II Webinar
Sept. 27 Spandex is a Privilege, Not a Right! Webinar
Sept. 28 Introduction to Consumer Lending Macon
Oct. 4 Supervising Branch Staff Webinar
Oct. 5 Compliance Issues for Consumer Lending Webinar
Oct. 6 IRA Basics Webinar
Oct. 6 HR 101 Macon
Oct. 11 RESPA Review & Update Telephone
Oct. 12 Documenting Your BSA/AML/SAR Risk Assessment Telephone
Oct. 13 Advanced Loan Documentation Tifton
Oct. 13 The Respectful Workplace Webinar
Oct. 18 Auditing for Internal Fraud Telephone
Oct. 20 Compliance Issues for Real Estate Lending Webinar
Oct. 20 Understanding U.S. Savings Bonds Macon
Oct. 20 Training Secrets from the Pros Telephone
Oct. 25 Safe Deposit Fundamentals Telephone
Oct. 25 New Account Fraud Webinar
Oct. 27 IRA: Beyond the Basics Webinar
Oct. 27 Loan Documentation for Lenders Cartersville
Oct. 28 Commercial Loan Documentation Telephone
Nov. 2 Advanced Consumer Lending Macon
Nov. 2 Coaching Teller Referrals Webinar
Nov. 7 Real Estate & Appraisal Macon
Nov. 8 Almost Forgotten Lending Laws Telephone
Nov. 10 Bankruptcies, Garnishments, Liens & Levies Tifton
Nov. 15-16 Basic Operations & Deposit Compliance Macon
Nov. 16-17 Basic Loan Compliance Macon
Nov. 30/Dec. 1 Bank Security Gainesville/Macon
Dec. 7 Analyzing Personal Financial Statements & Tax Returns Macon
Dec. 8 Advanced Teller Operations Tifton
   
Board/Committee Meetings  
Sept. 16-17 Leadership GBA Fall Planning Meeting Savannah
Sept. 29 Human Resources Committee Atlanta
Oct. 21 Asset/Liability Management Committee Meeting Atlanta
Oct. 23-25 GBA Insurance Trust Board of Directors Young Harris
Oct. 24-25 GBA Retirement Services Board of Directors Young Harris
     

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About the GBA  I  Professional Development  I  Government Relations  I  Services