CBA Today eNewsletter - April 30, 2014 - Community Bankers Association of Georgia

CBA Today eNewsletter - April 30, 2014 - Community Bankers Association of Georgia.html[10/27/2014 11:38:33 AM]

April 30, 2014

Events

CBA University

Industry Representation

Legislative Updates

Member Services

About CBA

Conferences

Conventions

Schools

Webinars

Banker Regulatory Forums

Compliance

Superior Products...Significant Discounts

Marketing Program

A CBA Endorsed Member Company

Community Bankers Bring Their Voices to the Capitol for Washington Policy Summit

More than 1,000 community bankers and industry advocates gathered in Washington on Tuesday for the Independent Community Bankers of America® (ICBA) annual Washington Policy Summit, which runs through Thursday. Community bankers from around the nation will meet with their members of Congress to discuss issues that impact community banks, local economies and their customers they serve on Main Street.

Georgia’s delegation, comprised of representatives from the CBA Board of Directors, Members Services Committee, bank members and CBA staff, will meet with Senators Isakson and Chambliss, along with 12 of Georgia’s 14 House members over the next two days.

Key issues include regulatory relief, housing-finance reform, ICBA’s Plan for Prosperity and ending the credit union and Farm Credit System tax subsidies. In addition to meeting with their policymakers, community bankers will hear remarks from key speakers including Senate Banking Committee members Bob Corker (R-Tenn.) and Heidi Heitkamp (D-N.D.) and Federal Reserve Chair Janet Yellen.

Learn About the Summit & More at the May 8th Bankers Regulatory Forum, CBA Headquarters.

Brown, Vitter Unveil GSE Reform Bill Amendments Senators Sherrod Brown, D-Ohio, and David Vitter, R-La., recently proposed amending pending housing finance reform legislation to prevent the biggest firms from dominating a new mortgage system, reported American Banker.

At press time, the Senate Banking Committee was scheduled to consider the legislation, drafted by Sens. Tim Johnson, D-S.D., chairman of the banking panel, and Mike Crapo, R-Idaho, the ranking member, to replace the current government-sponsored enterprises with a new framework. But ahead of the markup, Brown and Vitter released nine amendments to the bill aimed at concerns about the role institutions considered "too big to fail" would play in the new structure.

"If we're going to rely on private companies to insure mortgage-backed securities, we should create a wall to ensure that the same institutions are not also originating, aggregating, or servicing the mortgages," said Brown in a press release. "We know that excessive integration triggered the need for previous bailouts. Housing finance reform should help prevent future bailouts, not expose our financial system to more risk." Click here to read the full article.

It's Time for the Industry to Embrace Phased-In, Same-Day ACH American Banker reports banking is the sector at the highest risk of game-changing market shifts. According to the Millennial Disruption Index, millennials believe payments innovation will come from outside their bank, with nearly half showing more confidence in what startups and technology companies add to payments than what their banks do. This presents a challenge and an opportunity for financial institutions moving forward.

Upcoming Events

Banker Regulatory ForumMay 8

CBA HeadquartersAtlanta

6th Annual Bank Directors’ & Executive

Management Conference

May 13The Cobb Energy Performing Arts

Centre Atlanta

2nd Annual Southeastern

Chairman’s SummitMay 14

The Georgian Club Atlanta

CBA Resources

2013 Georgia Financial Directory

Career Center

FDIC Regulatory Calendar

Salary Survey

CBA Today eNewsletter - April 30, 2014 - Community Bankers Association of Georgia

CBA Today eNewsletter - April 30, 2014 - Community Bankers Association of Georgia.html[10/27/2014 11:38:33 AM]

As an industry, we're at a crossroads on whether to evolve or be left behind. If we choose not to evolve, we risk becoming irrelevant. Our competitive advantage is our interoperability and ubiquity; our ability to connect payments in a way no other can. At the core of this connected infrastructure is the Automated Clearing House Network, which for 40 years has linked all financial institutions in the United States and served as a backbone of payments. We need to leverage this foundational network – and the opportunity it affords all financial institutions – to take us to the next level.

NACHA — the Electronic Payments Association – announced last month that it was developing a "phased approach" to establishing faster processing and settlement, facilitating multiple same-day settlement windows to safely and securely move the funds between all banks and credit unions. This phased approach can result in faster time to market, enable user confidence and allow us to more quickly evolve as changes in technical paradigms shift the face of payments. Click here to read full article.

Rising Tide: American Banker's Ranking of the Top 200 Community BanksCongratulations to CBA members Columbus Community Bank, Columbus and First Bank of Georgia, Augusta, for being named in American Banker’s Top 200 community banks and thrifts. The list was compiled using December 31, 2013 figures ranked by a three-year average ROE.

It's getting tougher to earn a spot in the annual ranking of publicly traded banks and thrifts with less than $2 billion of assets. With the slowly recovering economy helping improve profitability, the return on equity that it takes to crack into the top 200 has been on the rise for a few years. To make the list in 2013, banks had to post a three-year average ROE of 7.8% or higher. That is a marginal improvement over the cutoff for the 2012 list of 7.5%. But the upward trajectory grew far more pronounced this year. Anything less than 8.66% meant falling short. Click here to see the list.

Governor Deal Signs Bill Targeting Patent TrollingAtlanta Business Chronicle reports that a bill prohibiting the practice of “patent trolling” in Georgia didn’t attract much notice during this year’s General Assembly session. But the Georgia Chamber of Commerce drew attention to the legislation after Governor Nathan Deal signed it, praising the governor for cracking down on unscrupulous individuals or companies who buy patents for the purpose of filing lawsuits rather than making or marketing a product.

“The Georgia Chamber appreciates the General Assembly and Governor Deal’s work to enact House Bill 809 and give targeted companies a new tool to fight back against these malicious practices,” chamber President and CEO Chris Clark said. “By creating a definition for bad faith assertions of patent infringement and prohibiting its practice, this legislation protects innovation in Georgia – one of the most important pieces of our state’s future economic success.”

The bill sailed through both legislative chambers with bipartisan support, gaining final passage in the state House of Representatives the week before the end of the session with just one “no” vote.

Taking the Field - Meet the 30 Mini-Trade Show Exhibitors at CBA's Leadership Division ConventionCBA is known for its one-of-a-kind Mini-Trade Show at the Leadership Division Convention which offers bankers and exhibitors the opportunity to network in a time-efficient setting. Now it’s time to meet the exhibitors!

Bankers can round the bases with each of the 30 exhibitors and learn about the latest products and services designed for community banks. Breakfast before Friday’s General Session and Mini-Trade Show will be a hot buffet and last approximately 45 minutes – a great time for bankers and exhibitors to visit before the Mini-Trade Show.

Connect with CBA on LinkedIn, Facebook & Twitter!

CBA Today eNewsletter - April 30, 2014 - Community Bankers Association of Georgia

CBA Today eNewsletter - April 30, 2014 - Community Bankers Association of Georgia.html[10/27/2014 11:38:33 AM]

Immediately following the Mini-Trade Show, CBA will host a 30-minute refreshment “RBI – Relationship Building Inning” break featuring networking and great prizes! If you are interested in exhibiting at the Mini-Trade Show, contact Lindsay Greene to add your name to the waiting list. Sponsorship opportunities are still available!

Bank Directors, Executive Managers and Emerging Leaders: Are You Registered for ONE or ALL of These Programs?

The deadline to register for the May educational programs designed specifically for community bankers is fast approaching. Don’t miss these opportunities to gain continuing professional

educational credits while learning all about hot topics affecting community banks. To learn more and to register, click the link (s) below or contact Jodi Swilley.

6th Annual Bank Directors’ & Executive Management Conference Tuesday, May 13, 2014 – The Cobb Energy Performing Arts Centre, Atlanta

2nd Annual Southeastern Chairman’s SummitWednesday, May 14, 2014 – The Georgian Club, Atlanta

Community Bank Leadership AcademyThursday, May 15, 2014 – Idle Hour Country Club, Macon

Don't Miss Advertising in CBA's Summer 2014 Issue of Georgia Communities FirstReady to target your audience? Well now is the time to advertise in CBA’s Summer issue of Georgia Communities First. Advertising in our magazine is a great way to enjoy maximizing exposure to your company throughout the year. The deadline for ad space and artwork is Friday, May 9, 2014.

Take a look at our 2014 advertising opportunities, and choose the best option for you! We also have great sponsorship opportunities starting as low as $250!

To reserve your space, contact Lindsay Greene or Shera Banks at CBA at (770) 541-4490 or (800) 648-8215. Don’t delay!

CBA of Georgia Endorses Investment

Professionals, Inc. for In-Bank Retail Investment ServicesThe Community Bankers Association of Georgia (CBA) is pleased to announce the endorsement of Investment Professionals, Inc. (IPI) for In-Bank Retail Investment Services. The Community Bankers Association conducts an extensive due-diligence before selecting a company as an Endorsed Member Company (EMC). Investment Professionals, Inc. (IPI), in San Antonio, Texas earned the approval of both CBA’s Member Services Committee and the Board of Directors.

Since their inception in 1992, Investment Professionals, Inc. (IPI) has assisted hundreds of community banks in establishing and operating profitable Retail Bank Brokerage services. An onsite investment program provides a valuable service to

CBA Today eNewsletter - April 30, 2014 - Community Bankers Association of Georgia

CBA Today eNewsletter - April 30, 2014 - Community Bankers Association of Georgia.html[10/27/2014 11:38:33 AM]

customers and generates non-interest income, while also retaining and attracting customer relationships, positioning the bank to compete with other banks, brokerage firms, insurance companies and financial planners in the community. From program structure guidance to recruiting, office set-up and compliance, IPI has detailed processes to efficiently guide Georgia community banks in the establishment and maintenance of a successful investment program.

“We are pleased to announce the endorsement of Investment Professionals, Inc. (IPI),” stated Rob Braswell, President & CEO of the Community Bankers Association of Georgia. “One of CBA’s primary objectives is to provide CBA member banks with quality products and services that will help them serve their customers and increase shareholder value. IPI has not had any changes in ownership or clearing firms, providing a level of stability and consistency that is unique in today’s marketplace. The company has remained solely focused on the community bank channel, and is offering special savings for our member banks. We’re excited to have Investment Professionals, Inc. as our most recent Endorsed Member Company,” said Mr. Braswell. Click here to read the full press release.

Albany and Savannah Compliance Programs Provided a Successful Update on the Dodd-Frank Act - New Mortgage Rules!A large number of community bankers came together in Albany and Savannah on April 22 and 23 to hear David Lukin, Senior Consultant, Professional Bank Services (PBS), Louisville, KY, discuss the latest information on the new mortgage rules which became effective in January 2014.

If you missed the April programs, please join Kathy Mayes, Senior Consultant with PBS, as she leads the May programs in Rome, Duluth and Macon. To learn more about these programs, click the link below or contact the CBA Education Department at education@cbaofga.com.

Rome Compliance Program – May 20Duluth Compliance Program – May 21Macon Compliance Program – May 22

Testimonials:

“The program was just the right pace and covered what I needed. David is an outstanding speaker. He knows the regs and how banks should deal with them.” Matt Stanaland, City President-Valdosta, The Trust Bank, Lenox “Excellent presentation; material presented in a very organized precise manner. Manual very well done.” Anna Swicord, Chief Lending Officer/EVP, Farmers & Merchants Bank, Statesboro

“The PBS booklets are a huge value to my loan compliance program. Very detailed!” Matt Donaldson, Assistant Banking Officer, Durden Banking Co., Inc., Twin City

Scenes from Albany and Savannah Compliance Programs

ACE for PAC Howe Construction, Roswell, is a great friend to community banking and a generous supporter of CBA’s PAC/PR Fundraising efforts, among other things. Stan Howe and Kris Stoutamire with Howe Construction are always supporting the cause. In addition to their Hole Sponsorship at

CBA Today eNewsletter - April 30, 2014 - Community Bankers Association of Georgia

CBA Today eNewsletter - April 30, 2014 - Community Bankers Association of Georgia.html[10/27/2014 11:38:33 AM]

both tournaments, they took it one step further at the Albany golf tournament held at Doublegate Country Club on April 16th. The construction and design company hosted a refreshment booth at their chosen Par 3 hole and also sold chances to golfers to land their tee shot within 15’ of the hole…doing so would automatically get them a “hole-in-one” a.k.a. “ACE” on their scorecard. Kris stated she had 100% participation and raised even more money for CBA’s PAC/PR. As if that wasn’t enough, they even held their own drawing after the tournament, and Jimmy Cooper, Bank of Lee County, Albany, was the lucky winner of two Braves tickets and passes to the 755 Club. CBA is grateful for partners like Howe Construction. For more information about CBA’s PAC/PR, click here. For more information about Howe Construction, click here. Please contact CBA if you would like to become more involved. We welcome all partners!

Community & Southern Bank – AtlantaBert Tundidor was named Regional Executive for the Metro region.

Community & Southern Bank – AtlantaDavid Price was named Regional Executive for the West region.

BrandBank – LawrencevilleRobert Ahern joined the bank as Assistant Vice President and Loan Operations Manager.

Southwest Georgia Bank – MoultrieDonna Lott has been promoted to Senior Vice President.

Southwest Georgia Bank – MoultrieKaren Boyd has been promoted to Senior Vice President.

Southwest Georgia Bank – MoultrieTammy Lott has been promoted to Assistant Vice President.

Southwest Georgia Bank – MoultrieGinger Merritt has been named Administrative Officer.

CBA Today eNewsletter - April 30, 2014 - Community Bankers Association of Georgia

CBA Today eNewsletter - April 30, 2014 - Community Bankers Association of Georgia.html[10/27/2014 11:38:33 AM]

In Memoriam

CBA extends sincere condolences to the family and friends of Tollie Fay Hurley, Chairman of Southeast First National Bank, Summerville, who recently passed away. Mr. Hurley was a founding board member of First National Bank in 1967 and served as chairman of the board of the bank and chairman of the board of Summerville/Trion Bancshares, Inc. He also served on the board of Bank of Adairsville, the People's Bank in Crawfordville, Adairsville Bancshares, Inc, and was one of three investors who purchased Bank of Lowes in Lowes, KY and moved it to Rome, under the name of Heritage First Bank. The family is in our thoughts and prayers.

Send Us Your NewsPlease remember to include the Community Bankers Association of Georgia on the list of recipients for announcements about promotions, new employees, special recognition your bank has received and/or events for your community. We would love to share your news with your colleagues across the state! Please forward your announcements and photos to Shera Banks or Lindsay Greene.

May 2014

Banker Regulatory ForumThursday, May 8, 2014 – JHTC at CBA Headquarters, Atlanta

6th Annual Bank Directors’ & Executive Management Conference (NEW DATE)Tuesday, May 13, 2014 – The Cobb Energy Performing Arts Centre, Atlanta

2nd Annual Southeastern Chairman’s SummitWednesday, May 14, 2014 – The Georgian Club, Atlanta

Community Bank Leadership Academy (NEW)Thursday, May 15, 2014 – Idle Hour Country Club, Macon

Writing an Effective Credit Memorandum (NEW)Tuesday-Wednesday, May 20-21, 2014 – JHTC at CBA Headquarters, Atlanta

Compliance Program I: Regulation Z, B and RESPA – Mortgage Rules UpdateTuesday, May 20, 2014 – The Forum, Rome

Compliance Program I: Regulation Z, B and RESPA – Mortgage Rules UpdateWednesday, May 21, 2014 – Hilton Garden Inn at Sugarloaf, Duluth

Compliance Program I: Regulation Z, B and RESPA – Mortgage Rules UpdateThursday, May 22, 2014 – Idle Hour Country Club, Macon

Analyzing Corporate Financial Statements and Tax ReturnsThursday, May 22, 2014 – JHTC at CBA Headquarters, Atlanta

June 2014

The Loan Review ProcessThursday, June 26, 2014 – JHTC at CBA Headquarters, Atlanta

36th Annual Leadership Division Convention & Mini –Trade Show

CBA Today eNewsletter - April 30, 2014 - Community Bankers Association of Georgia

CBA Today eNewsletter - April 30, 2014 - Community Bankers Association of Georgia.html[10/27/2014 11:38:33 AM]

Thursday– Sunday, June 26 -29, 2013 - The Ritz- Carlton, Amelia Island, FL

July 2014

Training the Credit AnalystWednesday-Thursday, July 9-10, 2014 - JHTC at CBA Headquarters, Atlanta

Workplace Law & Compliance Program - Workshop II Topic: “Workplace Laws for the Financial Industry”Thursday, July 17, 2014 – SIO Law Group, Atlanta

Workplace Law & Compliance Program – Workshop IITopic: “Workplace Laws for the Financial Industry”

Thursday, July 24, 2014 – Idle Hour Country Club, Macon

Compliance Program II Topic: “Mortgage Lending From Start to Finish”

Tuesday, July 15, 2014 - Rome Wednesday, July 16, 2014 - Duluth Thursday, July 17, 2014 - Macon Tuesday, July 22, 2014 - Albany

Wednesday, July 23, 2014 - Brunswick

2014 Mastering the Home Mortgage Disclosure Act (HMDA)Thursday, July 24, 2014 – Idle Hour Country Club, Macon

Executive and Director Compensation Trends & Best Practices (1/2 day)Tuesday, July 29, 2014 – JHTC at CBA Headquarters, Atlanta

We are community banking.

1900 The Exchange, Suite 600, Atlanta, GA 30339Phone: (770) 541-4490 / (800) 648-8215Fax: (770) 541- 4496 • www.cbaofga.com