Today is Wednesday, November 25, 2020 - the day before Thanksgiving and the official start of the Holiday Season. It is the time of year in which we begin to reflect over the past several months and enjoy the company and camaraderie of family and close friends. As we engage with those most close to us, it will be hard not to recount the many challenges that were faced in 2020. Every one of us was impacted- personally, professionally, and economically. Many suffered through the illness and, unfortunately, lost those that were most special to us. As a result, THIS Holiday Season will surely take on an extra special meaning for all Americans and Georgians alike.
As a country, state, and as community bankers, we are not strangers to difficult times. Together, we have endured past pandemics and the hardships they produced. We have endured financial crisis and various monetary and fiscal policy changes; however, we have not only endured but have thrived because we are optimists and innovators. It is who we are as a people- as Americans and Georgians. As we officially move into the Holiday Season, I am comforted to know that together we will forge a path to better times in 2021 and beyond!
On behalf of your team at CBA of Georgia, it is our privilege to serve you. We wish you and yours a happy and healthy Thanksgiving and Holiday Season!
John McNair
President/CEO
Community Bankers Association of Georgia
As a country, state, and as community bankers, we are not strangers to difficult times. Together, we have endured past pandemics and the hardships they produced. We have endured financial crisis and various monetary and fiscal policy changes; however, we have not only endured but have thrived because we are optimists and innovators. It is who we are as a people- as Americans and Georgians. As we officially move into the Holiday Season, I am comforted to know that together we will forge a path to better times in 2021 and beyond!
On behalf of your team at CBA of Georgia, it is our privilege to serve you. We wish you and yours a happy and healthy Thanksgiving and Holiday Season!
John McNair
President/CEO
Community Bankers Association of Georgia
Join us for a one-of-a-kind event that is equal parts networking and golf tournament with a friendly competition! This open-air tournament offers a way to connect and raise money for an important cause – CBA’s PAC Fund. Enjoy food, beverages, prizes and support CBA’s PAC.
The CBA Political Affairs Committee (CBA PAC) is the only Georgia State PAC exclusively committed to representing the interests of Community Banks. Registration includes 3 hours of golf, food, unlimited non-alcoholic drinks and an afternoon of fun! Register today!
The CBA Political Affairs Committee (CBA PAC) is the only Georgia State PAC exclusively committed to representing the interests of Community Banks. Registration includes 3 hours of golf, food, unlimited non-alcoholic drinks and an afternoon of fun! Register today!
PPP Loan Forgiveness Tops $38B
The Small Business Administration said it has forgiven 367,321 Paycheck Protection Program loans worth $38.4 billion as of noon Sunday. In a new section of its PPP webpage, the agency also said it has received 595,144 loan submissions worth $83.2 billion.
ICBA is calling on community bankers to continue pressuring Congress to include PPP reforms in the next economic stimulus package, such as simplifying forgiveness, addressing the conflict with EIDL advances, and excluding PPP loans from regulatory asset thresholds.
The Small Business Administration said it has forgiven 367,321 Paycheck Protection Program loans worth $38.4 billion as of noon Sunday. In a new section of its PPP webpage, the agency also said it has received 595,144 loan submissions worth $83.2 billion.
ICBA is calling on community bankers to continue pressuring Congress to include PPP reforms in the next economic stimulus package, such as simplifying forgiveness, addressing the conflict with EIDL advances, and excluding PPP loans from regulatory asset thresholds.
Training Need Survey – Would you participate in a PPP Loan Forgiveness Professional Development Class?
Please take a moment to complete the short survey – your input helps CBA develop programs to fit your needs. Thank you!
Please take a moment to complete the short survey – your input helps CBA develop programs to fit your needs. Thank you!
David Saylor Founder
Genesys Technology Group
Solutions for Success: Breathing New Life into Key Delivery Channels
Solutions for Success is a regular column in CBA’s magazine and features timely issues and best practices from CBA Associate Members and Preferred Service Providers. CBA recently met with David Saylor, Founder of Genesys Technology Group, to ask a couple of questions on how banks can use their existing delivery channels to increase profitability and breathe new life into their brand. Click here to read the feature.
Solutions for Success is a regular column in CBA’s magazine and features timely issues and best practices from CBA Associate Members and Preferred Service Providers. CBA recently met with David Saylor, Founder of Genesys Technology Group, to ask a couple of questions on how banks can use their existing delivery channels to increase profitability and breathe new life into their brand. Click here to read the feature.
Georgia’s community bankers do great things in their communities every day. Here is the latest on community outreach and news from CBA Members:
- PrimeSouth Bank is impressed with the donations collected in its fourth annual campaign to raise funds to help fight childhood cancer. The Bank teamed up with employees and neighbors to help raise awareness for Childhood Cancer in September. This year, employees chose to sell “Be Bold Go Gold” masks and gold ribbons that displayed a name in honor or in memory of their hero. The bank’s five markets donated the proceeds raised to Campground Ministries, CURE – Team Alexa, Mattie’s Mission, and Wolfson Children’s Hospital Pediatric Cancer Center. Click here to learn more.
- First Port City Bank, Bainbridge recently donated to the United Way of Bainbridge - Decatur County.
- CenterState Bank, Atlanta, sponsored the 15th-Annual Sporting Clays Classic for the Atlanta Area Council of the Boy Scouts of America which raised over $230,000 to benefit metro-Atlanta youth and families.
- Planters Bank of Macon recently volunteered at the Middle Georgia Community Food Bank "STUFF THE TRUCK" event. Team Members pictured: Sheila Lanier, and Jean Allan.
- Exchange Bank, Milledgeville: On November 19, 2020 Exchange Bank held an unveiling of a Stan Strickland portrait of Henry J. Pope, Jr. at the bank’s Main Office. Mr. Pope was President/CEO and was dedicated to the bank, his community, and was first and foremost dedicated to his family. His legacy lives on at Exchange Bank and he is missed greatly.
Casey Smith has joined First Peoples Bank, Pine Mountain, as Senior Vice President – Chief Strategy Officer.
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Henry Maxey will retire from the board of Oconee State Bank, Watkinsville, and Oconee State Financial Corporation after 21 years of service. Mr. Maxey is president of Maxey Brothers, Inc.
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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:
Be sure to think of CBA first when it comes to your training and Professional Development needs. Here are some upcoming CBA events:
Quarter IV – Flood, Appraisals and Applications
In-Person or STREAM - Live Virtual Training: 12/1 - Duluth • 12/8 - Statesboro
In-Person: 12/9 - Tifton • 12/10 - Macon
Join us as we highlight the key issues in flood and hazard insurance compliance, including examiner hot buttons, private flood insurance and force placement. The appraisal final rules are coming – what it means to your policy, process and more, including best practices. Then, we will round out the day with the Uniform Residential Loan Application (URLA or 1003) – what it means for you and are you ready for it? Join us as we review the new requirements, the potential challenges and ways to address them.
In-Person or STREAM - Live Virtual Training: 12/1 - Duluth • 12/8 - Statesboro
In-Person: 12/9 - Tifton • 12/10 - Macon
Join us as we highlight the key issues in flood and hazard insurance compliance, including examiner hot buttons, private flood insurance and force placement. The appraisal final rules are coming – what it means to your policy, process and more, including best practices. Then, we will round out the day with the Uniform Residential Loan Application (URLA or 1003) – what it means for you and are you ready for it? Join us as we review the new requirements, the potential challenges and ways to address them.
This seminar is designed to provide insight into the who, what, where, when, how and why in complying with TRID, including any recent changes and clarifications. The comprehensive seminar manual serves as a detailed analysis of the TRID rules, including the amendments, and serves as a valuable reference tool. Register here.
HR & Talent Development RAP Session
Friday, December 11, 2020 | 10 am - 2 pm | Live Virtual STREAM
Sign ups Open for 2021 HR/TD League
Friday, December 11, 2020 | 10 am - 2 pm | Live Virtual STREAM
Sign ups Open for 2021 HR/TD League
Please join us for an interactive session for Information Security Officers and IT leaders on lessons learned from the Pandemic and its aftermath (fingers crossed!). We’ll explore the ISO’s role in helping your organization stay productive, secure and flexible regardless of circumstances. The session will include
presentation from industry experts in technology, policy and compliance and valuable takeaways from the pier discussion.
Register here.
presentation from industry experts in technology, policy and compliance and valuable takeaways from the pier discussion.
Register here.
CBA Partners with Barret School of Banking to offer Senior Lender Virtual Summit
December 3, 2020 | 10:00 a.m. – 4:00 p.m.
An intensive workshop designed to provide senior management with immediate, tangible strategies to improve risk management within the bank’s commercial lending portfolio.
December 3, 2020 | 10:00 a.m. – 4:00 p.m.
An intensive workshop designed to provide senior management with immediate, tangible strategies to improve risk management within the bank’s commercial lending portfolio.
- Discussion and updates on PPP
- Review of Current Industries and Economic Trends
- Loan Pricing and Structuring
- Internal Loan Review
- Portfolio Management and Trouble Asset topics
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Genesys Technology Group impacts your bottom line. Genesys assists community bankers in making wise technology decisions and encourages bankers to look at their technology holistically. Genesys specializes in technology evaluations and renegotiations. Simply put…Genesys saves your institution time and money, thereby providing immediate impact to your bottom line.
To learn more, contact David Saylor at 770-729-4140 or visit their website. |
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Here are some of the latest news stories relevant to community banking and the financial services industry:
Additional Resources:
- Cotton Marketing News
- FDIC: Risk Management Manual of Examination Policies
- FDIC Board of Directors Approve Three Proposals
Additional Resources:
CBA Resources
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Print Directory
Career Center
FDIC Regulatory Calendar
Salary Survey
Online Directory
Print Directory
Career Center
FDIC Regulatory Calendar
Salary Survey
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