May 31, 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
Online & Mobile Banking
Community banks reported a $522.9 million (10.4 percent) increase in net income in the first quarter from the same time a year ago, according to the FDIC’s Quarterly Banking Profile.
The 5,401 insured institutions identified by the agency as community banks reported a $1.5 billion (7 percent) increase in net operating revenue. Net interest income was up $1.2 billion, while noninterest income rose $304.4 million. Loan-loss provisions increased by $32.7 million (5.2 percent), while noninterest expenses rose $721.9 million (5 percent).
Overall, all FDIC-insured institutions reported a 12.7 percent rise in aggregate net income from last year, with net interest income rising 7.8 percent and noninterest income up 3.4 percent. The FDIC’s Problem Bank List declined from 123 to 112, a nine-year low. The Deposit Insurance Fund balance rose by $1.8 billion, and its reserve ratio remained at 1.20 percent, due in part to strong insured deposit growth. Read more from the FDIC.
The 5,401 insured institutions identified by the agency as community banks reported a $1.5 billion (7 percent) increase in net operating revenue. Net interest income was up $1.2 billion, while noninterest income rose $304.4 million. Loan-loss provisions increased by $32.7 million (5.2 percent), while noninterest expenses rose $721.9 million (5 percent).
Overall, all FDIC-insured institutions reported a 12.7 percent rise in aggregate net income from last year, with net interest income rising 7.8 percent and noninterest income up 3.4 percent. The FDIC’s Problem Bank List declined from 123 to 112, a nine-year low. The Deposit Insurance Fund balance rose by $1.8 billion, and its reserve ratio remained at 1.20 percent, due in part to strong insured deposit growth. Read more from the FDIC.
OCC Updates Guidance on Legal Violations
The Office of the Comptroller of the Currency updated its policies and procedures regarding violations of laws and regulations, effective July 1. The updates address recommendations from an international peer review report and emphasize timely detection and correction of violations. They are reflected in the Comptroller’s Handbook and internal guidance. Read more from the OCC.
The Office of the Comptroller of the Currency updated its policies and procedures regarding violations of laws and regulations, effective July 1. The updates address recommendations from an international peer review report and emphasize timely detection and correction of violations. They are reflected in the Comptroller’s Handbook and internal guidance. Read more from the OCC.
NCUA Proposes Enviable Changes to Appeals Process
The National Credit Union Administration is proposing changes to its appeals process that could make bankers green with envy. The agency wants to streamline procedures for appealing decisions involving critical issues such as loan-loss reserves, Camels ratings, chartering, fields of membership, conversions and mergers. In a big departure from current practice, the proposal would let aggrieved credit unions plead cases directly to the agency’s governing board in an on-the-record, face-to-face hearing. Read more in American Banker.
The National Credit Union Administration is proposing changes to its appeals process that could make bankers green with envy. The agency wants to streamline procedures for appealing decisions involving critical issues such as loan-loss reserves, Camels ratings, chartering, fields of membership, conversions and mergers. In a big departure from current practice, the proposal would let aggrieved credit unions plead cases directly to the agency’s governing board in an on-the-record, face-to-face hearing. Read more in American Banker.
People Still Don’t Get Community Banks
Let's Help Them Understand
Since the financial crisis, smaller banks have been wrestling with a fundamental question: Can we define community banking so that the profession has any meaning for clients and stakeholders? Or put it another way: When the reputational damage done to all banking by the actions of the large global banks still remains, what can we say and do about the character and role of small, independent banks across the country that could improve the discussion about their value and necessity for the healthy functioning of our communities? Read more in American Banker.
Let's Help Them Understand
Since the financial crisis, smaller banks have been wrestling with a fundamental question: Can we define community banking so that the profession has any meaning for clients and stakeholders? Or put it another way: When the reputational damage done to all banking by the actions of the large global banks still remains, what can we say and do about the character and role of small, independent banks across the country that could improve the discussion about their value and necessity for the healthy functioning of our communities? Read more in American Banker.
New Information Will Help U.S. Improve Financial Literacy
According to the Consumer Financial Protection Bureau (CFPB), new information shows how well American teens understand financial concepts and can apply them to their own situations. The Organisation for Economic Co-operation and Development (OECD) published results of the 2015 Programme for International Student Assessment (PISA) financial literacy assessment. This new information will help us develop targeted programs and initiatives to ensure our young people move toward adulthood with the financial knowledge, skills, and habits that could help them to reach their own goals in their adult financial lives. Read more from the CFPB.
According to the Consumer Financial Protection Bureau (CFPB), new information shows how well American teens understand financial concepts and can apply them to their own situations. The Organisation for Economic Co-operation and Development (OECD) published results of the 2015 Programme for International Student Assessment (PISA) financial literacy assessment. This new information will help us develop targeted programs and initiatives to ensure our young people move toward adulthood with the financial knowledge, skills, and habits that could help them to reach their own goals in their adult financial lives. Read more from the CFPB.
CBA's 2017 Georgia Financial Directory - Heading Your Way!
Watch the mail for your copy of the 2017 Georgia Financial Directory. CBA members should receive their free copy in the next few days. The 2017 Georgia Financial Directory is your complete resource within the Georgia financial industry and contains information on banks, holding companies, savings & loans, banking products and services, and more. Additional copies are only $45 each so order online or email Lindsay Greene.
Watch the mail for your copy of the 2017 Georgia Financial Directory. CBA members should receive their free copy in the next few days. The 2017 Georgia Financial Directory is your complete resource within the Georgia financial industry and contains information on banks, holding companies, savings & loans, banking products and services, and more. Additional copies are only $45 each so order online or email Lindsay Greene.
Congrats to Georgia’s Barret School of Banking Graduates!
Congratulations to Sarah Copeland and Lindsey Law of First Federal Savings & Loan, Valdosta, GA and Jim Strickland, BankSouth, Greensboro, GA for their graduation from the 45th Annual Graduate Session of the Paul W. Barret, Jr. Graduate School of Banking which was held last week. The graduating class of 2017 included 77 students from 13 states. The three year graduate program with an annual one–week residency session is held on the campus of Christian Brothers University in Memphis, TN.
The Barret School of Banking is a non-profit independent school created by and governed by a Board of Regents, whose members are executives from banks and other firms involved with the financial services industry. The mission of the three-year school is to provide an adult learning experience for the career-oriented individual in commercial banking or a related financial services industry business. Each year, students participate in over 40 hours of classroom instruction.
Congratulations to Sarah Copeland and Lindsey Law of First Federal Savings & Loan, Valdosta, GA and Jim Strickland, BankSouth, Greensboro, GA for their graduation from the 45th Annual Graduate Session of the Paul W. Barret, Jr. Graduate School of Banking which was held last week. The graduating class of 2017 included 77 students from 13 states. The three year graduate program with an annual one–week residency session is held on the campus of Christian Brothers University in Memphis, TN.
The Barret School of Banking is a non-profit independent school created by and governed by a Board of Regents, whose members are executives from banks and other firms involved with the financial services industry. The mission of the three-year school is to provide an adult learning experience for the career-oriented individual in commercial banking or a related financial services industry business. Each year, students participate in over 40 hours of classroom instruction.
In addition to course work, students also heard from Jason Dorsey, an award-winning entrepreneur and acclaimed keynote speaker often referred to as “The Gen Y Guy”. Jason provided an insider’s perspective on how these career starters and young professionals think and act, then revealed a methodology for attracting, retaining and motivating productive, high-performing Gen Y employees.
Rob Braswell, President & CEO, Community Bankers Association of Georgia, serves on the Board of Regents of the Barret School of Banking and attended the graduation in Memphis. “Congratulations to Sarah, Lindsey and Jim – they did a great job of representing Georgia's community bankers in this year's graduating class. In fact, Jim was selected by his peers as the 2017 Graduating Class Representative and will have an opportunity to serve on the Board of Regents for the next three years. I am very proud of our Georgia graduates and I know the knowledge and experiences they gained from their participation will help them in future endeavors both at their bank and in their community, ” stated Mr. Braswell.
To learn more about the Barret School of Banking click here.
Rob Braswell, President & CEO, Community Bankers Association of Georgia, serves on the Board of Regents of the Barret School of Banking and attended the graduation in Memphis. “Congratulations to Sarah, Lindsey and Jim – they did a great job of representing Georgia's community bankers in this year's graduating class. In fact, Jim was selected by his peers as the 2017 Graduating Class Representative and will have an opportunity to serve on the Board of Regents for the next three years. I am very proud of our Georgia graduates and I know the knowledge and experiences they gained from their participation will help them in future endeavors both at their bank and in their community, ” stated Mr. Braswell.
To learn more about the Barret School of Banking click here.
Find out "What's NEXT" at Amelia Island!
Mark your calendar and join us at CBA’s 39th Annual Leadership Division
Convention & Mini-Trade Show!
Mark your calendar and join us at CBA’s 39th Annual Leadership Division
Convention & Mini-Trade Show!
Meet the Leadership Division Convention Sponsors
The Leadership Division Convention & Mini-Trade Show is just three weeks away! CBA would like to thank all of our sponsors who help make the event so special. Click here to see the numerous convention sponsors and take a moment to click on each logo and learn more about these companies who so actively support Georgia’s community banking industry.
Join us and your peers to learn "What's NEXT" at The Ritz-Carlton, Amelia Island, Florida, Thursday - Sunday, June 22-25 for CBA's 39th Annual Leadership Division Convention & Mini-Trade Show! Click here to register and to learn more.
Join Us Where Everybody Knows Your Name!
Mark your calendar and join us at CBA’s 49th Annual Meeting & Trade Show!
Mark your calendar and join us at CBA’s 49th Annual Meeting & Trade Show!
The Future of Community Banking
Hear Two Perspectives from Tim Zimmerman & David Kemp
Learn about ICBA's efforts in Washington and the impact they have on your bank and the community banking industry from ICBA Chair-Elect Tim Zimmerman.
Then -- Get ready for "Buckle Up: Wild Ride Ahead," where David Kemp will ask tough questions, challenge conventional wisdom and provide insights into the future of community banking.
Hear Two Perspectives from Tim Zimmerman & David Kemp
Learn about ICBA's efforts in Washington and the impact they have on your bank and the community banking industry from ICBA Chair-Elect Tim Zimmerman.
Then -- Get ready for "Buckle Up: Wild Ride Ahead," where David Kemp will ask tough questions, challenge conventional wisdom and provide insights into the future of community banking.
About the Speakers
Tim Zimmerman is Chair-Elect of the Independent Community Bankers of America (ICBA), the only national trade association that exclusively represents community banks.
President and CEO of Standard Bank in Monroeville, Pa., Tim has been a community banker for more than 35 years and is a member of ICBA's Executive Committee and board of directors. During his affiliation with ICBA, he has served in many leadership roles, including chairman of ICBA Securities.
Tim Zimmerman is Chair-Elect of the Independent Community Bankers of America (ICBA), the only national trade association that exclusively represents community banks.
President and CEO of Standard Bank in Monroeville, Pa., Tim has been a community banker for more than 35 years and is a member of ICBA's Executive Committee and board of directors. During his affiliation with ICBA, he has served in many leadership roles, including chairman of ICBA Securities.
David Kemp is President of Bankers Management, Inc. (BMI). BMI is a nationally recognized company in financial services training and bank consulting. Prior to forming BMI, he served as Vice President, Director of Credit Services for Cannon Lending Schools, as well as through Banking Association sessions for individual financial institutions.
Join us where everybody knows your name: CBA's 49th Annual Meeting & Trade Show, The Westin Copley Place, Boston, MA, Wednesday - Sunday, September 13-17, 2017! Click here to register and to learn more.
Happy 90th Birthday to Margaret Ayers!
Happy 90th Birthday to Margaret Ayers, Vice President at Northeast Georgia Bank in Lavonia. Margaret enjoyed a special celebration with customers, friends and co-workers. On May 10th, Margaret also celebrated her 73rd anniversary with the bank. Congratulations Margaret!
Happy 90th Birthday to Margaret Ayers, Vice President at Northeast Georgia Bank in Lavonia. Margaret enjoyed a special celebration with customers, friends and co-workers. On May 10th, Margaret also celebrated her 73rd anniversary with the bank. Congratulations Margaret!
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Greater Community Bank - Rome Terri Ainsworth has been promoted to Vice President. |
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SouthCrest Bank N.A. - Atlanta Area Jane Prescott has been named Senior Vice President and Chief Human Resources Officer. |
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The Heritage Bank - Ludowici Leona Breningstall has been named Branch Manager and Consumer Lender. |
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BrandMortgage – Gwinnett Veronica Nieves-Adorno has been named Mortgage Banker. |
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Fidelity Bank - Atlanta Area Chandler Rudd has joined as a Wealth Management Client Adviser serving Buckhead, Peachtree Center, Peachtree Medical and Howell Mill branches. |
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Fidelity Bank - Atlanta Area Phillip Knight has joined as a Wealth Management Client Adviser serving Merchant's Walk, Canton Road, Bells Ferry and Hiram branches. |
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Fidelity Bank - Atlanta Area Bryan Clapham has joined as a Wealth Management Client Adviser serving Dunwoody and Sandy Springs branches. |
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Fidelity Bank - Atlanta J. Asher Hannah has joined as a trust adviser. |
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.
2nd Quarter 2017 South Georgia Compliance/BSA Roundtable Thursday, June 8 – Tifton 2017 Branch Management Series IV – Raising The Bar for Sustainable Growth Thursday, June 8 - Atlanta Compliance Program – Quarter 2 – ACH Processing & Compliance Tuesday, June 13 – Tifton Wednesday, June 14 – Macon Thursday, June 15 – Savannah Tuesday, June 20 – Rome Wednesday, June 21 - Duluth HR Program: Noon-Time Forum Tuesday, June 13 2017 Senior Retail Banking Forum – Session II Tuesday, June 20 - Atlanta Dealing with Difficult Employee Situations Wednesday, June 21 - Atlanta Webinars Click here to view webinar listing and to register. On-Line Training Click here for on-line training with OnCourse Learning. (OnCourse Learning is a CBA Endorsed Member Company) |
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Annual Conventions & Trade Shows
39th Annual Leadership Division Convention & Mini-Trade Show Thursday-Sunday, June 22-25 – The Ritz-Carlton, Amelia Island, FL 49th Annual Meeting & Trade Show Wednesday-Sunday, September 13-17 – The Westin Copley Place, Boston, MA |
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
Branch Management Series IV: Raising The Bar for Sustainable Growth
Thursday, June 8 - Atlanta
Compliance Program II
6/13 - Tifton
6/14 - Macon
6/15 - Savannah
6/20 - Rome
6/21 - Duluth
2017 Senior Retail Banking Forum – Session II
Tuesday, June 20 - Atlanta
Branch Management Series IV: Raising The Bar for Sustainable Growth
Thursday, June 8 - Atlanta
Compliance Program II
6/13 - Tifton
6/14 - Macon
6/15 - Savannah
6/20 - Rome
6/21 - Duluth
2017 Senior Retail Banking Forum – Session II
Tuesday, June 20 - Atlanta
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