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GBA
Goes to Washington - Let Us Know What You Want
Emphasized |
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We’re gearing up for GBA’s annual visit to discuss critical
banking issues with the
Georgia Congressional delegation and top regulatory
officials in Washington, D.C. This year’s GBA contingency is 22
members strong. In addition to the annual meeting with the
state’s Congressional delegation, the agenda for the May 20-22
visit includes meetings with the
Federal Reserve,
FDIC,
OCC,
American Bankers Association and
the
U.S. Department of Homeland Security. “This
annual trip is a
crucial part of GBA’s advocacy and grassroots action,” said GBA
chairman Jim Williams, CEO of
Citizens Bank and Trust in Eastman. |
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“Congress
and the regulators are considering issues that could have
far-reaching effects on our industry. This visit gives us the
opportunity to discuss these significant issues face-to-face
with the decision-makers in what is perhaps the most challenging
environment we’ve seen in many years.” If there are issues you
want us to be sure to address, please call or e-mail
Joe Brannen, 404.420.2026, or
Elizabeth Chandler, 404.420.2027. |
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Qualifying
Period Yields Few Surprises |
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When the qualifying period to run for legislative and statewide
offices ended May 2, there were few surprises among those who
qualified as an incumbent, a challenger or not at all. Of 180
seats in the state House, there are 15 retirements, 57
challenged races and 108 unopposed members for the primary and
general elections. In the state Senate, there are two
retirements, 28 challenged races and 26 unopposed members
running for re-election. U.S. Senator
Saxby Chambliss qualified for re-election as the sole
Republican in that race and drew five Democrats vying for their
party’s nomination. All in all, the balance of power between
parties is not expected to shift much; and at first glance, it
appears that the banking industry can expect most of our friends
to be re-elected. However, the GBA will remain vigilant in
support of candidates that support banking. |
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“The
end of this qualifying period is a prime time to remind you all
about the importance of our BankPAC and the upcoming annual
BankPAC campaign,” said
Elizabeth Chandler, GBA’s SVP for Government Relations.
“Regardless of whom are elected, state and national legislators
will continue the debate over regulatory overhaul, assistance
for those affected by the poor housing market, credit unions,
farm credit service, industrial loan companies and other issues.
BankPAC contributions to candidates who support our industry
ensure that those candidates remain receptive to our opinions
and expertise about the issues they’re debating.” CEOs, please
be on the lookout for the 2008 BankPAC materials to be mailed
soon and begin gearing up for your campaigns. |
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FDIC’s
Blair Proposes Foreclosure Assistance Plan |
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Officials continue to look
for ways to help homeowners facing foreclosures. The Federal
Deposit Insurance Corporations’ Chairman
Sheila Blair is the latest to weigh in. Blair says the
FDIC’s
proposal will help 1 million homeowners.
The proposal calls for Congress to authorize the U.S. Treasury
to |
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use $50 billion to make loans to borrowers with unaffordable
mortgages to pay down up to 20 percent of their principal. The
repayment and financing costs for these Home Ownership
Preservation (HOP) loans would be borne by mortgage investors
and borrowers. |
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Georgia
Banks Recognized for Return on Assets |
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The American Banker newspaper has published a nationwide
list of the top 150 performing community banks and thrifts by
Return on Average Assets in the fourth quarter.
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Congratulations to the five Georgia banks that made the list: |
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Bank |
Assets (millions) |
Return on Average Assets |
Return on Average Equity |
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Flint Community Bank, Albany Scott Tomlinson, CEO |
$58.9 |
4.98 |
32.3 |
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Merchants and Farmers Bank, Comer Johnny Terrell, CEO |
$142.3 |
2.99 |
23.4 |
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Douglas National Bank, Douglas Stuart Smith, CEO |
$143.1 |
2.77 |
25.5 |
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Bank of Dade, Trenton Mike Tate, CEO |
$85.6 |
2.68 |
39.4 |
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Durden Banking Company, Twin City G.W. Johnson, CEO |
$161.8 |
2.46 |
26.1 |
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Annual
Convention Room Reservation Deadline Approaching |
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Just a reminder that the room block for GBA’s 2008 Annual
Convention will expire Tuesday, May 13. GBA’s premier event
will be at the
St. Regis, Monarch Beach in the Dana Point, California. If
you have not already done so, please make your reservations by
calling the hotel directly at 800.722.1543. Be sure to let them
know you are with the Georgia Bankers Association Annual
Convention group to get the discounted room rate. |
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For
air travel information and reservations, please call the
Group Air Department of Age of Travel at 800.578.7620 or
404.591.7110. With questions about hotel rates and
availability, please call GBA’s
Susie McGehee at 404.420.2010. |
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Annual
Convention Tour and Activity Registration Deadline Nears |
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The registration deadline for the tours and activities offered
at the 2008 Annual Convention is Thursday, May 15. If
you would like to participate in any of the activities, you may
register online. We will be happy to invoice your bank.
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Some activities have limited space, so register early to
guarantee yourself and your family a spot. With questions,
contact GBA’s
Susie McGehee at 404.420.2010. |
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Act
Now: Recognize Your 50-year Bankers |
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Just a
reminder that
during the
2008 Annual Convention
in June,
GBA would like to honor Georgia bankers who have devoted 50
years or more of service to the banking industry. Please help us
properly recognize the bankers who have reached this important
milestone by sending a letter or an e-mail to GBA’s
Susie McGehee with the following information: |
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the bank’s name, the banker’s name and title, his or her years
of service, a brief work history and a picture. Also include
your name as the nominating banker. This information must be
received by May 20. With questions, please call Susie at
404.420.2010. |
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Rural
Development and Lending Conference Scheduled Later this Month |
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The
Rural Development and Lending Conference
is scheduled for May 15-16 at the Savannah Riverfront Marriott.
Frank Cox with
Ameris Bank
in Moultrie chairs the
Agriculture Committee this year, and they have planned an exciting
agenda. Please call the hotel directly at 912.233.7722 to make your
reservations. |
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With
questions or to
register, please contact GBA’s
Marybeth Jones at 404.420.2032. |
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Networking
Opportunities Abound at Leadership Conference |
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Details are being
finalized for the 48th annual Leadership
Conference scheduled for July 13-16 at the
Ponte Vedra Inn & Club in Ponte Vedra, Florida.
Several social and sporting events have been planned to give you
the opportunity to network with your colleagues. These
networking opportunities have proven to be a valuable asset to
you and your bank for years to come. We will kick off the
conference with our Sunday evening reception and dinner. It
will feature a great buffet and many fun activities for the
entire family. And, no Leadership Conference would be complete
without the traditional golf tournament. The scramble
tournament will be Monday afternoon. |
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A
volleyball tournament is scheduled for Tuesday afternoon. The
conference will conclude Tuesday evening with the reception and
awards dinner.
Please click
here to register or call
GBA’s
Susie McGehee at 404.420.2010 or
Jennifer Stephens at 404.420.2024 with questions. |
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Calling
All PEP Report Cards |
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Just a reminder that the May 31 deadline to report your
Personal Economics Program (PEP) contacts is quickly
approaching. Our 2007-2008 PEP goal is at least 50,000
contacts, and we need your help to achieve it. When you
report your visits and presentations, you help meet the growing
financial education needs in the state of Georgia. Financial
literacy has never been more important to our residents, and
participating in the PEP program is great way for you to
strengthen your reputation in the community. You may also earn
an Outstanding PEP Award for yourself and/or your bank.
It is easy to ensure that
you and/or your bank are given the credit that’s due.
When you return from a visit to your school or any other group
presentation, take a few short minutes to complete a
PEP Report Card. |
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By completing and returning
this form, you let
GBA and the
ABA Education Foundation
know that
your
bank is willing to do more in 2007-2008 to help provide
financial literacy in your community. PEP materials and
brochures to assist you with your presentations are available
through GBA and ABA. Topics include personal financial
management, credit responsibilities and many others. With
questions, please contact GBA’s
Jennifer Stevens at 404.420.2024. Report your PEP
contacts today!
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Last
Call for Internal Audit Seminar |
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There’s still space available at GBA’s
Internal Audit seminar scheduled for Wednesday, May 14, at
Idle Hour Country Club in Macon. The registration fee is $195
for members, and Mike Thomas with
Crowe Chizek and Company, LLC
is the instructor. Designed for internal auditors, audit
committee members, operations officers, compliance officers and
internal control personnel, this one-day seminar will cover many
of the basic concepts related to community bank internal
controls and internal audit techniques. |
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Topics to be discussed include:
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Essentials of Risk-Based Auditing
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Effectively Managing the Internal Audit Plan
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Primary Internal Controls/Audit Techniques
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Building an Anti-Fraud Framework.
Please
click here to register or
call GBA’s
Courtenay Pope at 404.420.2015 with questions. |
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Register
for GBA Webinars Today |
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Just a reminder that GBA will offer the following
webinars during the
week of May 12:
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Webinars offer 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
for questions and answers. The $250 registration fee gives you
access to one web site “seat,” one telephone site license and
all handout materials. If you can’t attend the webinar but
would like the information for training purposes, you may
purchase the audio CD, handout materials and a password to see
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. |
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Register
Today for AIB Online Courses |
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There won’t be any new AIB online classes beginning the week of May
26, June 2 or June 9. Classes will resume June 16.
Please register two weeks in advance to secure a seat in the
class. These courses are instructor-facilitated with weekly
assignments, and 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.) |
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Please see the
AIB Online Course Schedule
for a complete listing or call GBA’s
Alison Moreau at .404.420.2034 with questions. |
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New
AIB Classroom Course: Analyzing Financial Statements |
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Beginning June 3,
AIB will offer its popular 10-week
Analyzing Financial Statements course. Peter Faser
of
Security Bank will teach the course at
Cornerstone Bank, Atlanta. Class will meet every
Tuesday from 6-9 p.m. until August 5. The registration fee is
$195 plus the cost of the textbook, which is $75. |
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If you would like to see a specific AIB course offered in your
area or if you have questions about
AIB classroom courses, please call GBA’s
Alison Moreau at 404.420.2034. Please
click here to register. |
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Call
Reporting Seminar Scheduled for June 4 |
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GBA will host its Call Reporting seminar on Wednesday,
June 4, at the Ramada Plaza in Macon. The registration fee is
$195 for members. The seminar is designed for CFOs, operations
officers and anyone responsible for preparing call reports.
Presented by
Mauldin & Jenkins, LLC, Atlanta, this one-day seminar
will offer practical techniques to improve your overall
reporting process. Participants will get a detailed,
line-by-line review of how to complete each schedule of a Call
Report. Appropriate items to be reported and relationships
between schedules will be discussed as part of the review. |
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Topics to be covered include:
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Proven organizational techniques to improve speed and accuracy in
your bank’s call reporting processes
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Hands-on experience in call report preparation
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Common mistakes and problems with call reporting.
Please click
here to register or
call GBA’s
Courtenay Pope at 404.420.2015 with questions. |
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Status
of Important Banking Cases |
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Our thanks to the Office of the General Counsel of the
American Bankers
Association for making available the newest
edition of the Status of Important Banking Cases
to the members of our
Bank Counsel
Section. This monthly
report
provides up-to-date information about litigation involving banks
across the country. |
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This report is another member benefit for the attorneys in GBA's
Bank Counsel Section. With questions about how your bank's
attorney can participate in the Section, please call GBA's
Kenyetta Parks
at (404) 420-2035. |
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Get
Effective HR
Solutions for Your Bank through GBA's Strategic Partner |
Employment Law Compliance (ELC) is a GBA strategic
partner that creates employment solutions and services
specifically tailored to community banks, and updates them
regularly to comply with changing regulations and HR best
practices. Among the products offered are:
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ELC Bankers’ Toolkit
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ELC Employment Compliance Assessments
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ELC Affirmative Action Plans
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ELC Harassment Management Program
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Whatever the reason – lack of time, lack of internal resources,
or the high cost of outside counsel and consultants, ELC can
take care of your bank’s needs. For more information, please
contact ELC’s
Steven Greene
at 770.306.3371, or GBA’s
Chad Wilson at 404.420.2022. |
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GBA
Job Bank |
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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. |
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Resume postings
are also available.
For more information, please call GBA’s
Kenyetta Parks at 404.420.2035. |
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Some
of the Services Available Through GBA Services, Inc. |
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GBA Services, Inc. is governed by a board composed
primarily of community bank presidents who look for the best
products and services available. |
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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. |
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| Newsmakers |
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Calendar of Events |
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Details for
May |
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Conferences |
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May 15-16 |
Rural Development and Lending Conference |
Savannah |
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July 13-16 |
Leadership Conference |
Ponte Vedra, FL |
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Oct. 5-7 |
President/CEO Conference |
Savannah |
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Oct. 5-7 |
Bank Counsel Conference |
Savannah |
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Conventions/Events
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May 20-22 |
Washington Legislative Visit |
Washington, DC |
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June 15-18 |
Annual Convention |
Dana Point, CA |
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Schools |
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May 18-23 |
Southeastern School of Commercial Lending |
Nashville, TN |
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May 18-30 |
Graduate School of Banking at LSU |
Baton Rouge, LA |
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June 8-13 |
Southern Trust School |
Mobile, AL |
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Oct. 22-24 |
Branch Managers Institute |
Macon |
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Nov. 2-7 |
Southern Operations & Technology School |
Athens |
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Seminars
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May 12 |
Checks & Holds for Tellers, Part 2 |
Webinar |
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May 13 |
Appraisal Requirements – New Rules and Developments |
Webinar |
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May 13 |
Regulation Z: An Overview |
Webinar |
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May 14 |
Internal Audit |
Macon |
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May 14 |
Safe Deposit Series, Part 2: Legal
Documents & Issues |
Webinar |
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May 14 |
Successful Collecting & AR Management |
Webinar |
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May 15 |
Opening New Accounts II |
Webinar |
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May 20 |
Compliance 101 |
Webinar |
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May 20 |
Frontline Fundamentals |
Webinar |
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May 20 |
Lending Essentials: Business Entities |
Webinar |
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May 22 |
Making Training Stick! |
Webinar |
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May 22 |
Opening Accounts for Non-Resident Aliens |
Webinar |
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May 28 |
Bankruptcy, Garnishment, Liens & Levies |
Macon |
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May 29 |
|
Webinar |
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June 3 |
What to Do When a
Deposit Customer Dies |
Webinar |
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June 4 |
Microsoft PowerPoint 2003/XP: Dazzle Your
Audience |
Webinar |
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June 4 |
Call Reporting |
Macon |
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June 5 |
Achieving Teller Excellence |
Webinar |
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June 5 |
Fraudulent Cashier's Checks |
Webinar |
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June 10 |
Way to Go - Best Practices for the Frontline |
Webinar |
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June 11 |
Fostering a Diverse & Inclusive Workplace |
Webinar |
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June 12 |
Lending Compliance: From App to Closing |
Webinar |
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June 12 |
RESPA |
Webinar |
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Sept. 10 |
IRA Update and Review Workshop |
Macon |
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Sept. 11 |
IRA Update and Review Workshop |
Gainesville |
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Oct. 22-24 |
Branch Managers Institute |
Macon |
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Oct. 28 |
Advanced Loan Documentation |
Macon |
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Nov. 5 |
Bank Security Seminar |
Macon |
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Nov. 13 |
Analyzing Personal Financial Statements |
Macon |
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Nov. 20 |
UCC Update |
Macon |
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American Institute
of Banking (AIB) |
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Ongoing |
AIB Online Courses |
Online |
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AIB Classroom Courses |
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June 3-Aug. 5 |
Analyzing Financial
Statements |
Atlanta |
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Board/Committee Meetings |
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June 15 |
GBA
Board of Directors |
Laguna Beach, CA |
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July 27-29 |
GBA
Insurance Trust, Inc. Board of Directors |
Ponte Vedra, FL |
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July 28-30 |
GBA Retirement Services, Inc. Board of Directors. |
Ponte Vedra, FL |
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Oct. 20-22 |
GBA Retirement Services, Inc. Board of Directors. |
Young Harris |
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Oct. 19-21 |
GBA
Insurance Trust, Inc. Board of Directors |
Young Harris |
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Roundtables/Peer Groups |
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May 22 |
Finance Operations Roundtable C |
Macon |
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www.gabankers.com |
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Home
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GBA University I
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Georgia Bankers Association • 50 Hurt Plaza, Suite 1050,
Atlanta, GA 30303 • Phone 404.522.1501 • Fax 404.522.9848 •
www.gabankers.com |
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