Nov 24 - CBA Today eNewsletter - Community Bankers Association of Georgia

During this season of gratitude, Community Bankers Association of Georgia (CBA) would like to express how thankful we are for our bankers, Preferred Service Providers, associate members, legislators, regulators, and all who support our industry. The past year has showcased the dedication and agility of Georgia’s community banks and vendor partners. Georgia communities are stronger thanks to your efforts.

With appreciation for your partnership and loyalty throughout the year.
Happy Thanksgiving!
John McNair & the team at CBA

Carr Urges Congressional Leaders to Reject Biden's Nominee
for Comptroller of the Currency
Attorney General Chris Carr wrote to Congressional leaders to voice his strong opposition to President Biden's nomination of Professor Saule Omarova to serve as the next Comptroller of the Currency. The letter was sent in response to Professor Omarova's prior comments in which she expressed her clear objection to most, if not all, aspects of the existing banking and financial system, including the current structure of national banks, community banks and fintech businesses.

“Georgia’s community banks thank AG Chris Carr for understanding the importance of the banking system and raising his opposition to President Biden’s nomination of Professor Saule Omarova to serve as the next Comptroller of the Currency,” stated Lori Godfrey, Executive Vice President, Government and Regulatory Relations at CBA.
Read more here.

BaaS: Banking as a Service — Just One of the Topics
at CBA’s Fintech Forum
Register for CBA’s upcoming Fintech Forum and hear from Eric Sprink, President & CEO of Coastal Community Bank and Coastal Financial Corporation, as he shares how Coastal is delivering Partner Banking or “Banking as a Service” to Fintechs, capitalizing on the strong relationship culture built on top of a robust compliance backbone through its wholesale banking division. Eric has worked closely with a number of regulatory bodies as the banking industry evolves and faces disruption.

In addition to first-rate presenters and exhibitors, hear from representatives from the four major fintech organizations in Georgia and the resources they offer your bank. Register today.

Eric Sprink
Coastal Community Bank
Coastal Financial Corporation

Lincoln Parks Recognized Among Digital Bankers
of the Year
Congratulations to Lincoln Parks, Heritage Bank, for being named one of American Banker’s Digital Bankers of the Year. In the six years since he joined Heritage Bank, Lincoln raised Heritage’s profile on social media, created account-opening platforms and developed a Paycheck Protection Program portal in-house by piecing together software rather than handing the tasks off to a vendor. And he accomplished all this while simultaneously keeping a hand in his digital marketing company, WebMobileFusion. American Banker subscribers can read more here.

Educating Community Bankers Top Priority at CCBA Meeting
CBA team members Kristi Greer, SVP, Professional Development and Lindsay Greene, SVP, Member Services, attended the Council of Community Bankers Associations's (CCBA) Education Directors Meeting last week. The committee shared best practices, hot topics and educational programs for the coming year. Special thanks to meeting sponsors SHAZAM, Wipfli, Harland Clarke, Community Bankers Webinar Network and Young & Associates.

Jackson Bush has joined James-Bates-Brannan-Groover-LLP, Macon, in the Real Estate practice group.

Think CBA First for Your Professional Development Needs!
Be sure to think of CBA first when it comes to your training and Professional Development needs. Here are some upcoming CBA events:

Compliance Program IV:
Compliance Management System
Tuesday, November 30, 2021 | Duluth or STREAM
Already have a CMS in place or just beginning to formalize your program? This seminar will cover the core compliance management system and more! We will guide you to take your program to the next level. For all, this seminar will show how to efficiently maintain your CMS. Register here.

The 2022 Webinar Schedule is Here! Click here for full list!

Webinar: Creating Safe Havens for Seniors &
CRA Opportunities for Banks
December 1, 2021 | 11:00 AM
Learn how sponsoring a safety program for nursing homes in your assessment area can satisfy your bank’s CRA requirements, boost your community relations profile and develop new business relationships while ensuring safe, secure senior living environments. Register here.

Promontory Interfinancial Network is now IntraFi Network. Having built the largest bank network of its kind, we’re a trusted ally to community banks that never competes with banks for their customers and that helps them to attract and maintain valuable customer relationships, grow reciprocal deposits, manage liquidity and generate fee income, diversify funding, and reduce collateralization. Work with the market leader to grow profitability and increase franchise value. IntraFi Network’s innovative balance-sheet management solution — known as IntraFi Network Deposits (formerly CDARS®, ICS®, and IND® deposit solutions) — empowers institutions to increase profitability, grow franchise value, manage liquidity more easily, and serve customers better.

To learn more, contact Danny Capitel at 703-292-3400 or visit their website.

Here are some of the latest news stories relevant to community banking and the financial services industry:

November 24, 2021