February 1, 2017
Events
CBA University
Industry Representation
Legislative Updates
Member Services
Conferences
Conventions
Schools
Webinars
Banker Regulatory Forums
Compliance
CBA University
Industry Representation
Legislative Updates
Member Services
Conferences
Conventions
Schools
Webinars
Banker Regulatory Forums
Compliance
Superior
Products,
Significant Discounts
Products,
Significant Discounts
Telecommunications
President Donald Trump issued an executive order requiring executive departments and agencies to identify two federal regulations for elimination for every new regulation they issue. The executive order, which doesn’t apply to independent agencies such as the Consumer Financial Protection Bureau, also requires the total incremental cost of all new regulations finalized this year not to exceed zero.
At the signing ceremony, Trump also pledged to reform the Dodd-Frank Act. The latest executive order follows a recent White House call for a regulatory hiring freeze.
At the signing ceremony, Trump also pledged to reform the Dodd-Frank Act. The latest executive order follows a recent White House call for a regulatory hiring freeze.
Court Dismisses ICBA Case Against NCUA
A federal court dismissed ICBA’s lawsuit against the National Credit Union Administration’s commercial lending rule. The U.S. District Court for the Eastern Division of Virginia granted the NCUA’s motion to dismiss ICBA’s case.
In a statement, ICBA said it is evaluating the decision and its options and will continue pushing to level the tax and regulatory playing fields between community banks and credit unions through all appropriate avenues. “If the decision stands, tax-exempt credit unions will be permitted to exceed Congressional limitations on commercial lending activity under relaxed regulatory oversight, thereby posing a tangible threat to community banks, consumers and the financial system at large,” ICBA President and CEO Cam Fine said.
ICBA’s suit charges that the NCUA’s rule, which took effect Jan. 1, increases the powers of tax-exempt credit unions beyond their statutory limit. ICBA thanks the nation’s community bankers for their support and will continue working with counsel to assess the opinion and next steps. Read ICBA Release.
A federal court dismissed ICBA’s lawsuit against the National Credit Union Administration’s commercial lending rule. The U.S. District Court for the Eastern Division of Virginia granted the NCUA’s motion to dismiss ICBA’s case.
In a statement, ICBA said it is evaluating the decision and its options and will continue pushing to level the tax and regulatory playing fields between community banks and credit unions through all appropriate avenues. “If the decision stands, tax-exempt credit unions will be permitted to exceed Congressional limitations on commercial lending activity under relaxed regulatory oversight, thereby posing a tangible threat to community banks, consumers and the financial system at large,” ICBA President and CEO Cam Fine said.
ICBA’s suit charges that the NCUA’s rule, which took effect Jan. 1, increases the powers of tax-exempt credit unions beyond their statutory limit. ICBA thanks the nation’s community bankers for their support and will continue working with counsel to assess the opinion and next steps. Read ICBA Release.
OCC Fintech Charter Shaping Up to Be Banking's Next Big Fight
The proposed charter for fintech firms — and what requirements should come with it — is rapidly becoming a massive battle that pits state regulators, consumer protection groups and even some banks against a broad assortment of fintech firms and financial institutions. Read more in American Banker.
The proposed charter for fintech firms — and what requirements should come with it — is rapidly becoming a massive battle that pits state regulators, consumer protection groups and even some banks against a broad assortment of fintech firms and financial institutions. Read more in American Banker.
NCUA Proposes New Forms of Alternative Capital
The National Credit Union Administration recently requested feedback on an advance notice of proposed rulemaking to allow credit unions to raise alternative forms of capital to meet the capital requirements that apply to federally insured credit unions.
The NCUA is proposing to ease restrictions on low-income credit unions issuing “secondary capital,” which counts toward their net-worth ratio and risk-based net-worth ratio. It also would authorize all credit unions to issue “supplemental capital instruments” that would count toward their risk-based net-worth requirement.
The proposal envisions federally insured credit unions being able to issue subordinated debt that could count as capital under the NCUA’s current capital requirements. The NCUA said the proposal could have an impact on the credit union tax exemption, which it says is based on Congress recognizing that “most credit unions could not access the capital markets to raise capital.”
The ANPR is open to a 90-day comment period.
The National Credit Union Administration recently requested feedback on an advance notice of proposed rulemaking to allow credit unions to raise alternative forms of capital to meet the capital requirements that apply to federally insured credit unions.
The NCUA is proposing to ease restrictions on low-income credit unions issuing “secondary capital,” which counts toward their net-worth ratio and risk-based net-worth ratio. It also would authorize all credit unions to issue “supplemental capital instruments” that would count toward their risk-based net-worth requirement.
The proposal envisions federally insured credit unions being able to issue subordinated debt that could count as capital under the NCUA’s current capital requirements. The NCUA said the proposal could have an impact on the credit union tax exemption, which it says is based on Congress recognizing that “most credit unions could not access the capital markets to raise capital.”
The ANPR is open to a 90-day comment period.
Information to Help Banks Recover in Areas Affected by Weather
The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and to facilitate recovery in areas of Georgia affected by severe weather. Read steps here.
The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and to facilitate recovery in areas of Georgia affected by severe weather. Read steps here.
Right to Spousal Guaranty Depends on Presidential Nominations
The ability of a lender to require the borrower’s spouse to guaranty a loan hinges on President Trump’s nominees to the Supreme Court of the United States. On March 22, 2016, the Supreme Court of the United States issued its first deadlocked ruling since the death of Justice Antonin Scalia. In an equally divided vote, the Supreme Court of the United States affirmed the Eighth Circuit’s holding in Hawkins v. Community Bank of Raymore that a guarantor is not an “applicant” under the Equal Credit Opportunity Act (“ECOA”). In other words, a guarantor is not entitled to protection from discrimination based on marital status under ECOA. Read full article here.
The ability of a lender to require the borrower’s spouse to guaranty a loan hinges on President Trump’s nominees to the Supreme Court of the United States. On March 22, 2016, the Supreme Court of the United States issued its first deadlocked ruling since the death of Justice Antonin Scalia. In an equally divided vote, the Supreme Court of the United States affirmed the Eighth Circuit’s holding in Hawkins v. Community Bank of Raymore that a guarantor is not an “applicant” under the Equal Credit Opportunity Act (“ECOA”). In other words, a guarantor is not entitled to protection from discrimination based on marital status under ECOA. Read full article here.
OCC Issues Supplemental Examination Procedures
The Office of the Comptroller of the Currency (OCC) is issuing examination procedures to supplement OCC Bulletin 2013-29, “Third-Party Relationships: Risk Management Guidance,” issued October 30, 2013. The supplemental procedures promote consistency when examining national banks and federal savings associations' (collectively, banks) risk management of third-party relationships. These procedures expand on the core assessment contained in the “Community Bank Supervision,” “Large Bank Supervision,” and “Federal Branches and Agencies Supervision” booklets of the Comptroller’s Handbook. These procedures use the concepts and definitions contained in OCC Bulletin 2013-29, including appendix A. Appendix B of OCC Bulletin 2013-29 provides additional guidance about third-party risk management practices in specific areas.
The Office of the Comptroller of the Currency (OCC) is issuing examination procedures to supplement OCC Bulletin 2013-29, “Third-Party Relationships: Risk Management Guidance,” issued October 30, 2013. The supplemental procedures promote consistency when examining national banks and federal savings associations' (collectively, banks) risk management of third-party relationships. These procedures expand on the core assessment contained in the “Community Bank Supervision,” “Large Bank Supervision,” and “Federal Branches and Agencies Supervision” booklets of the Comptroller’s Handbook. These procedures use the concepts and definitions contained in OCC Bulletin 2013-29, including appendix A. Appendix B of OCC Bulletin 2013-29 provides additional guidance about third-party risk management practices in specific areas.
3 Ideas for Loan Growth and Increased Earnings in 2017
If there were any doubts on what the markets would expect from financial institutions in 2017, January’s stock performance by the financial sector cleared those up! The market’s upbeat expectation of the financial sector helped push the Dow Jones over the 20,000 level in late January while financials also led the S&P 500 index in outperforming earnings estimates.
So how do community bankers turn those expectations into action for loan growth and earnings throughout the year? Read the 3 ideas to consider. Guest article submitted by CBA Associate Member Stackfolio.
If there were any doubts on what the markets would expect from financial institutions in 2017, January’s stock performance by the financial sector cleared those up! The market’s upbeat expectation of the financial sector helped push the Dow Jones over the 20,000 level in late January while financials also led the S&P 500 index in outperforming earnings estimates.
So how do community bankers turn those expectations into action for loan growth and earnings throughout the year? Read the 3 ideas to consider. Guest article submitted by CBA Associate Member Stackfolio.
Win a Brand New Browning Silver Stalker 12-Gauge Shotgun!
For all you enthusiasts out there, enter now for a chance to win a brand new Browning Silver Stalker 12-Gauge Shotgun (sold by Red Hills Outdoors, Americus, GA) - total retail value over $1,200!
** You do not have to be present to win! **
Tickets are on sale now for only $20 each. You cannot pass this up! Only 150 tickets will be sold, so enter now! The drawing will be held onsite at the CBA Leadership Division Spring Clay Shoot being held on Thursday, March 23rd.
We are returning to Wynfield Plantation, Albany, to host this semiannual PAC/PR fundraiser. As you know, the CBA maintains the only state PAC working exclusively for Georgia's community banks. Please email Peake Wilson for more information and to purchase your tickets. Click here to register for the event. Contact Lindsay Greene to learn more about available Clay Shoot sponsorships.
For all you enthusiasts out there, enter now for a chance to win a brand new Browning Silver Stalker 12-Gauge Shotgun (sold by Red Hills Outdoors, Americus, GA) - total retail value over $1,200!
** You do not have to be present to win! **
Tickets are on sale now for only $20 each. You cannot pass this up! Only 150 tickets will be sold, so enter now! The drawing will be held onsite at the CBA Leadership Division Spring Clay Shoot being held on Thursday, March 23rd.
We are returning to Wynfield Plantation, Albany, to host this semiannual PAC/PR fundraiser. As you know, the CBA maintains the only state PAC working exclusively for Georgia's community banks. Please email Peake Wilson for more information and to purchase your tickets. Click here to register for the event. Contact Lindsay Greene to learn more about available Clay Shoot sponsorships.
It's Easy for your Bank to Market the Hester Scholarship!
CBA is proud to announce the 2017 Julian & Jan Hester Scholarship. This scholarship is named after long-time CBA Chief Executive Officer, the late Julian Hester and his late daughter, Jan Hester. The scholarship is open to Georgia high school seniors who will be entering a Georgia college, university or technical school in the fall semester of 2017. The four winning recipients will be awarded a $1,000 scholarship.
Make sure your customers and community know about the scholarship program! CBA has a sign available to print and post in your bank lobby locations or feel free to post items to your bank’s website or social media channels. Click here to access banner ads, sign and student packet.
All completed applications should be submitted to CBA no later than Monday, April 10, 2017. Only complete applications will be eligible. Winners will be announced in late April 2017.
CBA is proud to announce the 2017 Julian & Jan Hester Scholarship. This scholarship is named after long-time CBA Chief Executive Officer, the late Julian Hester and his late daughter, Jan Hester. The scholarship is open to Georgia high school seniors who will be entering a Georgia college, university or technical school in the fall semester of 2017. The four winning recipients will be awarded a $1,000 scholarship.
Make sure your customers and community know about the scholarship program! CBA has a sign available to print and post in your bank lobby locations or feel free to post items to your bank’s website or social media channels. Click here to access banner ads, sign and student packet.
All completed applications should be submitted to CBA no later than Monday, April 10, 2017. Only complete applications will be eligible. Winners will be announced in late April 2017.
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Contact Peake Wilson for more information.
Bank Director Training Opportunities
Community Bank boards of directors play a critical role in the successful operation of their bank. The CBA strives to help bank directors fulfill their fiduciary role and their responsibilities for risk management by providing educational opportunities in a variety of training formats. These programs are designed for new directors as well as for experienced directors. We invite you to join us for one or all of the programs below. To learn more about each program and to register, visit www.cbaofga.com or contact the CBA.
Classroom Programs
Community Bank boards of directors play a critical role in the successful operation of their bank. The CBA strives to help bank directors fulfill their fiduciary role and their responsibilities for risk management by providing educational opportunities in a variety of training formats. These programs are designed for new directors as well as for experienced directors. We invite you to join us for one or all of the programs below. To learn more about each program and to register, visit www.cbaofga.com or contact the CBA.
Classroom Programs
- 4/26 9th Annual Bank Directors’ & Executive Management Conference– Atlanta
- 8/21 8th Annual Georgia Bank Directors’ College– Lake Oconee
- 9/13-17 49th Annual Meeting & Trade Show (Includes Two Bank Director Break-out Sessions)
- 1/26 Risk & Capital in Strategic Planning for the Board
- 3/29 The Board Evaluation Process: Steps, Tools & More
- 5/11 What the Board Needs to Know About Vendor Management
- 7/6 Raising Capital as an Independent Community Bank
- 9/27 Rules & Trends in Executive Compensation
- 11/21 Required Compliance for the Board & Senior Management
Georgia Bankers Visit The Baker Group Home Office in Oklahoma
Last week, Georgia community bankers had the opportunity to visit the headquarters of The Baker Group in Oklahoma City, OK. The Baker Group is a CBA Endorsed Member Company and bankers learned about portfolio management, financial strategies and toured the trading floor. Pictured (l-r) are Josh Lee, The Baker Group, Atlanta; Paul Clanton, The Baker Group, Atlanta; Rob Braswell, CBA; Becky Powell, Community Banking Company of Fitzgerald; Casey Washburn, Exchange Bank, Milledgeville; Brad Serff, Providence Bank, Alpharetta; and Mark Preising, The Baker Group, Atlanta.
Last week, Georgia community bankers had the opportunity to visit the headquarters of The Baker Group in Oklahoma City, OK. The Baker Group is a CBA Endorsed Member Company and bankers learned about portfolio management, financial strategies and toured the trading floor. Pictured (l-r) are Josh Lee, The Baker Group, Atlanta; Paul Clanton, The Baker Group, Atlanta; Rob Braswell, CBA; Becky Powell, Community Banking Company of Fitzgerald; Casey Washburn, Exchange Bank, Milledgeville; Brad Serff, Providence Bank, Alpharetta; and Mark Preising, The Baker Group, Atlanta.
2017 Campaign for the CBA (PAC/PR) Fund Underway!
We are pleased to announce the kick-off of the 2017 Campaign for the CBA Political Action Committee and Public Relations (PAC/PR) Fund! The new PAC/PR Fund mailings were sent last week and we have already received the first contribution for 2017.
We are pleased to announce the kick-off of the 2017 Campaign for the CBA Political Action Committee and Public Relations (PAC/PR) Fund! The new PAC/PR Fund mailings were sent last week and we have already received the first contribution for 2017.
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Special thanks to:
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Signature Bank of Georgia- Sandy Springs Lynda Kim has joined the bank as SBA Loan Operations Manager. |
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Exchange Bank- Milledgeville Bonnie Butler has been named Mortgage Originator. |
The CBA has been recognized on a national level for its invaluable educational programs and corporate events. The CBA has a variety of options for all positions in a community bank…from the teller line to the board room. We invite you to join us for one of the upcoming programs. For more options, Click here for the CBA Calendar. For assistance with Education Programs, contact Jodi Swilley. For assistance with Corporate Events, contact Peake Wilson.
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First Quarter 2017
2017 Senior Retail Banking Forum – Session I Tuesday, February 28 - Atlanta Compliance Program I – TRID Tuesday, February 28 – Savannah Wednesday, March 1 – Macon Tuesday, March 14 – Duluth Thursday, March 16 – Rome Tuesday, March 21 - Tifton Training the Credit Analyst Wednesday, March 1 – Atlanta HMDA – The New Regulations Thursday, March 2 – Macon Wednesday, March 15 – Duluth Thursday, March 23 - Macon Branch Management Series, Session II Thursday, March 16 - Atlanta Mortgage Lending, Start to Finish Wednesday, March 22 - Macon Today’s Teller Tuesday, March 28 – Macon ACH: The Basics Wednesday, March 29 - Atlanta UPCOMING SCHOOLS Consumer Lending School – March 6-10 - Atlanta Commercial Lending School – March 20-24 - Atlanta 2nd Annual Mortgage Lending School – April 11-13 - Atlanta Webinars Click here to view webinar listing and to register. On-Line Training Click here for on-line training with Bankers Edge. (Bankers Edge is a CBA Endorsed Member Company) |
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February – April 2017
1st Quarter Banker Regulatory Forum with a Focus on Compliance Issues Thursday, February 2 – Macon Annual Day at the Capitol Wednesday, February 15 – Atlanta 4th Annual Women In Banking Seminar Thursday, March 9 – Macon Spring PAC/PR Fundraising Clay Shoot Thursday, March 23 - Albany Spring Regional Luncheon Meetings & PAC/PR Fundraising Golf Tournaments Monday, April 10 – Alpharetta Tuesday, April 11 – Macon (no golf) Wednesday, April 12 - Albany |
We are community banking.
1900 The Exchange, Suite 600, Atlanta, GA 30339
Phone: (770) 541-4490 / (800) 648-8215 | Fax: (770) 541- 4496 • www.cbaofga.com
1900 The Exchange, Suite 600, Atlanta, GA 30339
Phone: (770) 541-4490 / (800) 648-8215 | Fax: (770) 541- 4496 • www.cbaofga.com
Upcoming Events
Annual Day at the Capitol
Wednesday, February 15 – Atlanta
2017 Senior Retail Banking Forum – Session I
Tuesday, February 28 - Atlanta
Compliance Program I
2/28 – Savannah
3/1 – Macon
3/14 – Duluth
3/16 – Rome
3/21 - Tifton
Annual Day at the Capitol
Wednesday, February 15 – Atlanta
2017 Senior Retail Banking Forum – Session I
Tuesday, February 28 - Atlanta
Compliance Program I
2/28 – Savannah
3/1 – Macon
3/14 – Duluth
3/16 – Rome
3/21 - Tifton
Connect with us on social media!
