June 30 - CBA Today eNewsletter - COMMUNITY BANKERS ASSOCIATION OF GEORGIA

In May of 2019, Governor Brian Kemp came to CBA’s office to sign SB157 into law. SB157 erased a tremendous advantage for large banks by allowing community banks to place municipal deposits into an approved reciprocal deposit network, eliminating the need to pledge collateral and maintain costly, time-consuming pricing records. As of last week, over $300 million has been placed into the reciprocal deposit networks by Georgia’s community banks. “I am delighted to see the meaningful impact SB157 is having on community banks and their local municipalities. As a result of CBA’s community bank-only focus, local community banks, and local municipalities won with SB157,” stated Lori Godfrey, CBA’s Chief of Staff and EVP of Government and Regulatory Relations. John McNair, Pres/CEO of CBA, commented, “When I came to CBA in October of 2018, I was stunned to learn that Georgia was the only state in the country to still require collateral pledging for municipal deposits. This was a clear disadvantage for community banks and local municipalities. CBA fought hard to get SB157 passed, and I am grateful for the support of the legislature and Governor Kemp to level the playing field for Georgia’s community banks.”

For more about the benefits of SB157, contact Lori Godfrey directly lori@cbaofga.com

Larry Roye, First Bank, Dalton,
Receives CBA Lifetime Service Award
Larry Roye, Board Member and Senior Executive Lender, First Bank, Dalton, was recognized by the Community Bankers Association of Georgia (CBA) for 51 years of dedicated service to the community banking industry. Mr. Roye was recognized at a reception at the First Bank of Calhoun location.

"Georgia is fortunate to have such an impressive number of community bankers who have reached these milestones. It’s our pleasure to honor the men and women who have served the banking needs of their communities and lent their expertise to a new generation of community bankers throughout their careers,” stated John McNair, President & CEO of CBA. "We congratulate Larry and appreciate his dedicated service to Georgia’s community banking industry.” Read more.

John McNair, President & CEO,
CBA, congratulates Larry Roye, First Bank,
Calhoun, for his 51 years in the community banking industry.

The 2021 Georgia Financial Directory is Online
and Available to all CBA Members!
The directory is your complete resource within the Georgia financial industry and contains information on banks, holding companies, banking products, and more.

In addition to information on Georgia's community banks, the directory also includes:

CBA Board Members and Staff
CBA Associate Members and Preferred Service Providers
Routing numbers, FDIC certificate numbers, and more

ACCESS YOUR DIGITAL VERSION!

What does this mean? Is there anything I need to do? Simply click here to receive information about the latest webinar offerings.

Where will I go to purchase and access webinars? All webinar listings & registrations are available here.

Does this mean the webinar content will change? This is the same great innovative webinar provider you've enjoyed for years.

Is CBA still providing these webinars? Yes, and you'll still receive your special member pricing too! Members will also have access to Webinar Sales, Subscription Token Pricing, and Special Coupons!

Jessica Peeler, Exchange Bank, Milledgeville, has been promoted to Human Resources Manager/Officer.

Shane Anglin has joined Ameris Bank, Atlanta, as the Corporate Information Security Officer (CISO).

Georgia Banking Company (GBC), Atlanta, announced the relaunch of the bank as the company accelerates its plans to build a banking franchise serving middle market business across Atlanta. Customers will be introduced to the new GBC team, products, services, and enhanced technology, as well as changes to signage and branch environments in the coming months.

Jay Torbert has been named President of Southeastern Bank, Darien, effective July 1, 2021. Con Holland will continue as CEO and Chairman of the Bank as well as President, CEO and Chairman of the Bank’s parent company, Southeastern Banking Corporation. With this appointment, Torbert joins the Bank Board.

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:

Session 2: July 27, 2021
UGA Conference Center, Tifton, Georgia
The year 2020 placed the entire world in a situation not seen in over 100 years. Now 2021 continues to see our Community Banks in uncharted waters. It is time to turn up the dial and get plugged in! The Community Bankers Association of Georgia invites our Executive Level Bankers to join together as we prepare to take on the challenges the final three quarters of 2021 will hand our communities, our customers, our board, and our bank team members.

Register now for high-level in-person peer connections exclusively offered in CBA’s Executive Channel. The Executive Channel provides a direct connection for Executive Bankers from across the state! CBA has gathered for you a group of industry leaders to share information and guide discussions as we delve into topics such as:

Regulatory and Legal Updates
Legislative and Political Action Updates
Current Community Banking Trends
Current Challenges Facing Community Banks
Financial Trends
M&A data
Interest Rate Forecast
Executive Management and Board Relations
Strategic Planning, Change Management
Fintech Innovation and More

Special Thanks to Our Sponsor

Travelers knows financial institutions. With dedicated policies for financial institutions, Travelers offers a range of insurance protection, including D&O, cyber, professional liability, financial institution bonds, ID fraud expense reimbursement, and a full portfolio of property/casualty coverages. Choose either standalone coverage or a suite of coverages. Travelers has the flexibility to adapt to you and your business.

To learn more, contact Diana Baker at 404-386-7145 or visit their website.

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

June 30, 2021