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In-Bank Retail Investment Services
Friday, September 13th 2:00 - 2:45 pm
Pre-registration for all concurrent sessions is required. Lunch will be provided to those who pre-register.
Pre-registration for all concurrent sessions is required. Lunch will be provided to those who pre-register.
How To Dynamically Measure, Monitor and Manage Your Liquidity in a Volatile Rate Environment
Matt Harris - Senior Vice President, Assistant Director of Asset/Liability Management, The Baker Group |
Georgia's Ag Economy
Gary Black, Georgia Commissioner of Agriculture |
Friday, September 13th 2:50 - 3:35 pm
Enhanced Strategic Planning in the Era of Digital Transformation
Steve Cotton CEO & Founder, FI Navigator |
Ten Best Practices in CEO And Executive Succession Planning
Alan J. Kaplan Founder & CEO, Kaplan Partners |
Saturday, September 14th 1:30 - 2:15 pm
Empower Your HR and Payroll Teams with Systems That Help Keep You in Compliance.
Sherry Burick CBIZ Human Capital Management |
New Technologies:
The Future of Payments Patrick Dix Vice President of Strategic Alliances, SHAZAM |
How Innovation and Fintech Will Shape the Future of Banking
Hear from Kevin Tweddle, Chief Operating Officer and Chief Innovation Officer, ICBA, at Saturday's General Session where he will address how growing community banks are changing the way they do business to account for the digital transformation occurring in the banking industry today. Hear more from Kevin himself:
Hear from the industry experts at CBA's 51st Annual Convention & Mini-Trade Show, Thursday-Sunday, September 12-15, 2019, at The Ritz-Carlton at Amelia Island, FL. Learn more and register.
Save the Dates for Professional Development Training This Fall
CBA is bringing more knowledge to our professional development. Click on each link to learn more:
CBA is bringing more knowledge to our professional development. Click on each link to learn more:
- CFO/Financial Officers Conference – October 3 & 4, Marietta
- 2019 Compliance Conference: Emerging Risks – October 21-24 – Young Harris
- Essentials for Today's Supervisors – October 29 & 30 - Macon
- Bank Trainer R.A.P.* Session – September 17 - Macon
*R.A.P. = Roundtable Advice for Professional Development
Lawmakers Continue Pressing Fed on Faster Payments
Ahead of Fed Chairman Jerome Powell’s testimony before the Senate Banking Committee, Ranking Member Sherrod Brown (D-Ohio) sent him a letter encouraging the Fed to quickly develop an alternative real-time-payments network. In the letter, which also focuses on Facebook’s planned Libra digital currency, Brown asked whether the Fed has evaluated the potential negative impact of not offering an alternative system for small financial institutions and their customers.
Responding to questions from Sen. Chris Van Hollen (D-Md.) during the hearing, Powell said he is aware that community banks want the Fed to be involved in real-time payments. Van Hollen cautioned that Fed inaction could cement The Clearing House’s private-sector network as the lone real-time-payments alternative. That exchange followed several questions about Fed involvement during Powell’s appearance on Wednesday before the House Financial Services Committee. Read the letter from Sen. Brown.
Ahead of Fed Chairman Jerome Powell’s testimony before the Senate Banking Committee, Ranking Member Sherrod Brown (D-Ohio) sent him a letter encouraging the Fed to quickly develop an alternative real-time-payments network. In the letter, which also focuses on Facebook’s planned Libra digital currency, Brown asked whether the Fed has evaluated the potential negative impact of not offering an alternative system for small financial institutions and their customers.
Responding to questions from Sen. Chris Van Hollen (D-Md.) during the hearing, Powell said he is aware that community banks want the Fed to be involved in real-time payments. Van Hollen cautioned that Fed inaction could cement The Clearing House’s private-sector network as the lone real-time-payments alternative. That exchange followed several questions about Fed involvement during Powell’s appearance on Wednesday before the House Financial Services Committee. Read the letter from Sen. Brown.
Crapo Renews Push to Expand Basel III Relief
During Thursday’s Senate Banking Committee hearing, Chairman Mike Crapo (R-Idaho) renewed his calls for federal regulators to maximize community bank relief from risk-based capital rules, including Basel III. In his opening statement, Crapo called on regulators to implement an 8 percent Community Bank Leverage Ratio, which was authorized by the S. 2155 regulatory relief law and would exempt more community banks than the 9 percent threshold proposed by the agencies. Crapo has previously called for an 8 percent threshold in joint Senate letters to the agencies and in hearings featuring agency heads. Read Crapo's statement.
During Thursday’s Senate Banking Committee hearing, Chairman Mike Crapo (R-Idaho) renewed his calls for federal regulators to maximize community bank relief from risk-based capital rules, including Basel III. In his opening statement, Crapo called on regulators to implement an 8 percent Community Bank Leverage Ratio, which was authorized by the S. 2155 regulatory relief law and would exempt more community banks than the 9 percent threshold proposed by the agencies. Crapo has previously called for an 8 percent threshold in joint Senate letters to the agencies and in hearings featuring agency heads. Read Crapo's statement.
GA DBF Adopts Final Rules
Last week, the Georgia Department of Banking and Finance adopted its Final Rules. The Rules were filed with the Secretary of State on July 9, 2019, and, pursuant to O.C.G.A. § 50-13-6, will be effective on July 29, 2019, which is twenty days (20) following the filing of the Rules with the Secretary of State. Prior to adopting the Rules, the proposed Rules along with a synopsis were distributed on May 30, 2019. The Department did not receive any written comments regarding the proposed Rules. The Department believes that the Rules as adopted encourage safety and soundness, encourage safe and fair mortgage lending, and conform to the law. View the final rules.
Last week, the Georgia Department of Banking and Finance adopted its Final Rules. The Rules were filed with the Secretary of State on July 9, 2019, and, pursuant to O.C.G.A. § 50-13-6, will be effective on July 29, 2019, which is twenty days (20) following the filing of the Rules with the Secretary of State. Prior to adopting the Rules, the proposed Rules along with a synopsis were distributed on May 30, 2019. The Department did not receive any written comments regarding the proposed Rules. The Department believes that the Rules as adopted encourage safety and soundness, encourage safe and fair mortgage lending, and conform to the law. View the final rules.
Cotton Market Signals Become Increasingly Unfavorable
Cotton prices dropped considerably last week. By Thursday, July 11th, December futures closed at just above 63 cents. The slide can be attributed to technical considerations, according to analysts. In addition, crop conditions continue to improve and export reports have been disappointing. According to the monthly USDA numbers, the market has taken on a bearish tone. In addition to US crop uncertainties, foreign production is also in question.
Tropical Storm Barry looks to deposit a lot of rain on the Mid-South. The Mid-South has already been hampered by too much rain this season which delayed planting. Most cotton area looks to get 3 to 7 inches of rain. Some areas may get more rain than desired, but overall Barry may add bales rather than subtract. Read the full article.
Cotton prices dropped considerably last week. By Thursday, July 11th, December futures closed at just above 63 cents. The slide can be attributed to technical considerations, according to analysts. In addition, crop conditions continue to improve and export reports have been disappointing. According to the monthly USDA numbers, the market has taken on a bearish tone. In addition to US crop uncertainties, foreign production is also in question.
Tropical Storm Barry looks to deposit a lot of rain on the Mid-South. The Mid-South has already been hampered by too much rain this season which delayed planting. Most cotton area looks to get 3 to 7 inches of rain. Some areas may get more rain than desired, but overall Barry may add bales rather than subtract. Read the full article.
Nomination Deadline Extended for FHLBank Atlanta Election of Directors
The Federal Home Loan Bank of Atlanta (Bank) is continuing the election to fill certain directorships on the Bank’s board of directors, including the member directorship in two independent directorships. The term of the directorships to be filled in this election begins on January 1, 2020, and ends on December 31, 2023. Individuals interested in being considered for the independent directorship must complete and return to the Bank, by 5 p.m. EDT on July 22, 2019, the application and related forms that are available on the Bank’s website at www.fhlbatl.com. If you have questions, please contact Tina Carew, Legal Department, 404.888.8549 or tcarew@fhlbatl.com.
The Federal Home Loan Bank of Atlanta (Bank) is continuing the election to fill certain directorships on the Bank’s board of directors, including the member directorship in two independent directorships. The term of the directorships to be filled in this election begins on January 1, 2020, and ends on December 31, 2023. Individuals interested in being considered for the independent directorship must complete and return to the Bank, by 5 p.m. EDT on July 22, 2019, the application and related forms that are available on the Bank’s website at www.fhlbatl.com. If you have questions, please contact Tina Carew, Legal Department, 404.888.8549 or tcarew@fhlbatl.com.
Take Advantage of CBA's Free Salary Survey
Deadline to Participate for Free Results is August 1st!
CBA is partnering with Pentegra to offer the 2019 Georgia Community Bank Salary Survey. The Salary Survey is a compilation of current salaries and general benefits for common positions within Georgia's community banks. All CBA member banks are invited to participate in the survey, and those participating will receive a complimentary copy of the survey report. Non-participating member banks are able to purchase the survey for $275 and the non-member cost is $475. The survey is simple and easy to use. Please complete the survey no later than August 1, 2019.
The survey includes an executive summary as well as information on salary, bonus or additional compensation, qualified plans and additional benefits. Banks will be also be categorized by asset size as well as Metro-Atlanta and non-Metro Atlanta. Survey results are anticipated to be available September 1, 2019. Click here to take the survey.
Deadline to Participate for Free Results is August 1st!
CBA is partnering with Pentegra to offer the 2019 Georgia Community Bank Salary Survey. The Salary Survey is a compilation of current salaries and general benefits for common positions within Georgia's community banks. All CBA member banks are invited to participate in the survey, and those participating will receive a complimentary copy of the survey report. Non-participating member banks are able to purchase the survey for $275 and the non-member cost is $475. The survey is simple and easy to use. Please complete the survey no later than August 1, 2019.
The survey includes an executive summary as well as information on salary, bonus or additional compensation, qualified plans and additional benefits. Banks will be also be categorized by asset size as well as Metro-Atlanta and non-Metro Atlanta. Survey results are anticipated to be available September 1, 2019. Click here to take the survey.
Agencies Finalize Capital Simplification
Federal regulators issued a final rule simplifying risk-based capital rules for community banks that hold mortgage-servicing assets, deferred-tax assets, and insignificant investments in the capital of unconsolidated financial institutions, such as trust-preferred securities. Under the new rule taking effect April 1, 2020, community banks will only have to deduct from their capital MSAs, temporary difference DTAs, and investments in the capital of unconsolidated financial institutions like TruPS if they individually exceed 25 percent of the bank's common equity tier 1 capital.
This rule is different from the proposed Community Bank Leverage Ratio, which is expected to be approved later this year and would allow certain community banks to opt in to a new, simpler capital framework provided they meet the required CBLR. Read more from the agencies.
Federal regulators issued a final rule simplifying risk-based capital rules for community banks that hold mortgage-servicing assets, deferred-tax assets, and insignificant investments in the capital of unconsolidated financial institutions, such as trust-preferred securities. Under the new rule taking effect April 1, 2020, community banks will only have to deduct from their capital MSAs, temporary difference DTAs, and investments in the capital of unconsolidated financial institutions like TruPS if they individually exceed 25 percent of the bank's common equity tier 1 capital.
This rule is different from the proposed Community Bank Leverage Ratio, which is expected to be approved later this year and would allow certain community banks to opt in to a new, simpler capital framework provided they meet the required CBLR. Read more from the agencies.
Agencies Finalize Volcker Rule Exemption
Federal regulators issued a final rule implementing a provision of the S. 2155 regulatory relief law exempting most community banks from the Volcker Rule. The final rule conforms with statutory language exempting community banks that have less than $10 billion in assets and trading assets and liabilities that are no more than 5 percent of total assets. Read more from regulators.
Federal regulators issued a final rule implementing a provision of the S. 2155 regulatory relief law exempting most community banks from the Volcker Rule. The final rule conforms with statutory language exempting community banks that have less than $10 billion in assets and trading assets and liabilities that are no more than 5 percent of total assets. Read more from regulators.
Fed Warns of Synthetic Identity Fraud
The Federal Reserve warned of a growing trend in which fraudsters combine real and fictional information to establish synthetic identities they use to purchase high-value goods and services on credit. In a new white paper, the Fed said synthetic identity payments fraud leaves little recourse to victims because the identities are not real, making it difficult to trace the perpetrators. Read more from the Fed.
The Federal Reserve warned of a growing trend in which fraudsters combine real and fictional information to establish synthetic identities they use to purchase high-value goods and services on credit. In a new white paper, the Fed said synthetic identity payments fraud leaves little recourse to victims because the identities are not real, making it difficult to trace the perpetrators. Read more from the Fed.
Agencies Propose Capital Rule on Land-Development Loans
Federal regulators invited public comment on a proposal to clarify the treatment of land-development loans under the agencies' capital rules. This proposal expands on the agencies' September 2018 proposal to revise the definition of high-volatility commercial real estate as required by the S. 2155 regulatory relief law. The land-development proposal would clarify that loans that solely finance the development of land for residential properties would meet the revised definition of HVCRE, unless the loan qualifies for another exemption. Comments will be accepted for 30 days after publication in the Federal Register. Read more from agencies.
Stay informed by attending the Consumer & Commercial Loan Documentation Bootcamp held August 6-7 in Macon and/or the Advanced Commercial Lending School held August 20-23 in Macon.
Federal regulators invited public comment on a proposal to clarify the treatment of land-development loans under the agencies' capital rules. This proposal expands on the agencies' September 2018 proposal to revise the definition of high-volatility commercial real estate as required by the S. 2155 regulatory relief law. The land-development proposal would clarify that loans that solely finance the development of land for residential properties would meet the revised definition of HVCRE, unless the loan qualifies for another exemption. Comments will be accepted for 30 days after publication in the Federal Register. Read more from agencies.
Stay informed by attending the Consumer & Commercial Loan Documentation Bootcamp held August 6-7 in Macon and/or the Advanced Commercial Lending School held August 20-23 in Macon.
Executive Total Compensation
Strategies to Motivate and Incent the Right Behaviors
FREE Webinar from CBA Associate Member Blanchard Consulting Group
Tuesday, August 13, 2019 | 1:00-2:00 pm
Presented by Blanchard Consulting Group, this webinar will focus on the primary elements of the executive total compensation package and how these elements can be utilized to motivate and incentivize members of the senior leadership team to effectively achieve the Bank’s strategic goals. Blanchard Consulting Group will examine the current compensation environment and trends in the use of short-term and long-term incentive plans, as well as executive benefits and perquisites that are commonly found in community and regional banks. They will incorporate applicable regulatory guidelines and updates, and discuss how to avoid “excessive risk-taking” while still attracting, motivating, and incenting the Bank’s leaders. To register, please email Mike Blanchard atmike@blanchardc.com.
Strategies to Motivate and Incent the Right Behaviors
FREE Webinar from CBA Associate Member Blanchard Consulting Group
Tuesday, August 13, 2019 | 1:00-2:00 pm
Presented by Blanchard Consulting Group, this webinar will focus on the primary elements of the executive total compensation package and how these elements can be utilized to motivate and incentivize members of the senior leadership team to effectively achieve the Bank’s strategic goals. Blanchard Consulting Group will examine the current compensation environment and trends in the use of short-term and long-term incentive plans, as well as executive benefits and perquisites that are commonly found in community and regional banks. They will incorporate applicable regulatory guidelines and updates, and discuss how to avoid “excessive risk-taking” while still attracting, motivating, and incenting the Bank’s leaders. To register, please email Mike Blanchard atmike@blanchardc.com.
Take Your Commercial Loan Prospecting to the Next Level
Recent CRE lending trends indicate increased investment in vacant and industrial land. As the U.S. retail landscape shifts from traditional brick and mortar to online, it's critical to have the right data to support your commercial lending strategy. S&P Global Market Intelligence, a CBA Endorsed Member Company, recently hosted a webinar to explore useful tools to facilitate powerful prospecting and smarter commercial lending.
By utilizing loan origination and property data for 25+ million CRE properties, combined with over 16 million business listings, S&P's Commercial Prospecting tool delivers detailed property and mortgage information, helping you identify new lending opportunities and better understand competition in your markets. Learn more. To watch the recorded webinar, click here.
Recent CRE lending trends indicate increased investment in vacant and industrial land. As the U.S. retail landscape shifts from traditional brick and mortar to online, it's critical to have the right data to support your commercial lending strategy. S&P Global Market Intelligence, a CBA Endorsed Member Company, recently hosted a webinar to explore useful tools to facilitate powerful prospecting and smarter commercial lending.
By utilizing loan origination and property data for 25+ million CRE properties, combined with over 16 million business listings, S&P's Commercial Prospecting tool delivers detailed property and mortgage information, helping you identify new lending opportunities and better understand competition in your markets. Learn more. To watch the recorded webinar, click here.
Morris Bank Announces Partnership with Georgia Southern University Athletics
Morris Bank, Dublin, recently announced a 5-year partnership with Georgia Southern University’s Athletics Department as a Presenting Sponsor. Morris Bank and Georgia Southern have a shared focus on impactfully growing Middle and South Georgia educationally and economically. Numerous Georgia Southern University alumni serve in various positions within the bank and on the Board of Directors.
The commitment is a significant financial investment that is a testament to Morris’ purposeful vision for community involvement. Morris Bank President/CEO, Spence Mullis states, “This is something that we’ve been looking forward to since we became a part of the Bulloch County community. Giving back is what we do and what better way than to support an organization that shares a ‘true BLUE’ vision and touches our customers across Middle and South Georgia.” Read the press release.
Morris Bank, Dublin, recently announced a 5-year partnership with Georgia Southern University’s Athletics Department as a Presenting Sponsor. Morris Bank and Georgia Southern have a shared focus on impactfully growing Middle and South Georgia educationally and economically. Numerous Georgia Southern University alumni serve in various positions within the bank and on the Board of Directors.
The commitment is a significant financial investment that is a testament to Morris’ purposeful vision for community involvement. Morris Bank President/CEO, Spence Mullis states, “This is something that we’ve been looking forward to since we became a part of the Bulloch County community. Giving back is what we do and what better way than to support an organization that shares a ‘true BLUE’ vision and touches our customers across Middle and South Georgia.” Read the press release.
Commercial Banking Company Presents Check to Humane Society
Commercial Banking Company, Valdosta, recently presented a check to the Humane Society of Valdosta/Lowndes County for their monthly Charity of the Month for the month of June.
Commercial Banking Company, Valdosta, recently presented a check to the Humane Society of Valdosta/Lowndes County for their monthly Charity of the Month for the month of June.
Flint Community Bank Voted Best Financial Institution in Readers' Choice Awards
Flint Community Bank, Albany, was recently voted "Best Financial Institution" in the Albany Herald's 2019 Reader's Choice Awards. Candice Godby from the Herald presented the award to Scott Tomlinson and Frank Griffin. See the winners.
Flint Community Bank, Albany, was recently voted "Best Financial Institution" in the Albany Herald's 2019 Reader's Choice Awards. Candice Godby from the Herald presented the award to Scott Tomlinson and Frank Griffin. See the winners.
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PrimeSouth Bank - Waycross Mary Jenrette has joined the bank as Glynn County Market President. |
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Morris Bank - Dublin Anna Swicord has joined the bank as Bulloch County Market President. |
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United Community Bank - Atlanta Joe Hatchett has joined the bank as Vice President, Medical and Dental Lending. |
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Rabun County Bank - Clayton Gary Garren has joined the bank as Loan Specialist. |
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Colony Bank - Broxton Courtney Crews has been promoted to Marketing Manager. |
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Cornerstone Bank - Sandy Springs Mandy Chang has joined the bank as a Universal Banker. |
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Crescent Mortgage Company - Atlanta Skip Willcox has joined as Correspondent and Wholesale Account Executive. |
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Mauldin & Jenkins- Atlanta Jeff Dorris, CPA, has joined the firm as the director of its SALT Practice. |
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Finosec - Alpharetta Aaron Scicluna has joined the company’s team. |
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In-Bank Retail Investment Services
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William “J” Lavender is a Regional Director of Business Development for Ameriprise Financial Institutions Group, specializing in partnering with financial institutions to help their clients reach their financial goals through on-site investment programs. In 2017, Ameriprise Financial acquired Investments Professionals, Inc. (IPI). IPI’s experience and expertise in serving the financial institutions market combined with Ameriprise’s depth of resources and commitment to clients creates a powerful alliance in the financial institutions marketplace. They offer the important combination of a high touch, personalized service experience, along with comprehensive advice and a broad spectrum of product solutions to help your clients achieve their financial goals.
For more information, contact William “J” Lavender at j.lavender@ampf.com (210) 288-1981, or visit their website.
For more information, contact William “J” Lavender at j.lavender@ampf.com (210) 288-1981, or visit their website.
The CBA offers a variety of professional development options for all positions in a community bank. Scroll to find a program that meets your needs, view a list of upcoming professional development programs by visiting our calendar of events, or view a list of events by functional area. A member of our Professional Development team can be reached at (770) 541-4490 or by email. CPE (Continuing Professional Education) credits are available upon your successful completion of our nationally recognized, invaluable education opportunities.
Summer 2019
Community Bank Leadership Academy, Session III
Tuesday-Wednesday, July 23-24 – Macon
Writing An Effective Credit Memo
Wednesday-Thursday, July 24-25 - Macon
Senior Retail Banking Officer Forum, Session III (“R.A.P.” Session)
Thursday, August 1 - Atlanta
3rd Quarter Banker Regulatory Forum – Safety & Soundness (“R.A.P.” Session)
Thursday, August 1 - Macon
Compliance/BSA Roundtable - (“R.A.P.” Session)
Monday, August 5 – St. Simons Island
Advanced BSA Officer School
Tuesday–Friday, August 6-9 – St. Simons Island
Consumer & Commercial Loan Documentation Boot Camp
Tuesday–Wednesday, August 6-7 - Macon
Advanced Commercial Lending School
Tuesday-Friday, August 20-23 - Macon
Cyber Risk Summit
Thursday-Friday, August 22-23 - Savannah
51st Annual Convention & Mini-Trade Show
Thursday-Sunday, September 12-15 – Amelia Island
Ongoing Webinars
Webinars
Click here to view webinar listing and to register.
Community Bank Leadership Academy, Session III
Tuesday-Wednesday, July 23-24 – Macon
Writing An Effective Credit Memo
Wednesday-Thursday, July 24-25 - Macon
Senior Retail Banking Officer Forum, Session III (“R.A.P.” Session)
Thursday, August 1 - Atlanta
3rd Quarter Banker Regulatory Forum – Safety & Soundness (“R.A.P.” Session)
Thursday, August 1 - Macon
Compliance/BSA Roundtable - (“R.A.P.” Session)
Monday, August 5 – St. Simons Island
Advanced BSA Officer School
Tuesday–Friday, August 6-9 – St. Simons Island
Consumer & Commercial Loan Documentation Boot Camp
Tuesday–Wednesday, August 6-7 - Macon
Advanced Commercial Lending School
Tuesday-Friday, August 20-23 - Macon
Cyber Risk Summit
Thursday-Friday, August 22-23 - Savannah
51st Annual Convention & Mini-Trade Show
Thursday-Sunday, September 12-15 – Amelia Island
Ongoing Webinars
Webinars
Click here to view webinar listing and to register.
Upcoming Events
Writing an Effective Credit Memo
Wednesday, July 24 - Macon
12th Annual Advanced BSA Officer School
Tuesday-Friday, August 6-9 -
St. Simons Island
Consumer & Commercial Loan Documentation Bootcamp
Tuesday-Wednesday, August 6-7 - Macon
Human Resources R.A.P. Session
Thursday, August 15 - Macon
Writing an Effective Credit Memo
Wednesday, July 24 - Macon
12th Annual Advanced BSA Officer School
Tuesday-Friday, August 6-9 -
St. Simons Island
Consumer & Commercial Loan Documentation Bootcamp
Tuesday-Wednesday, August 6-7 - Macon
Human Resources R.A.P. Session
Thursday, August 15 - Macon
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