CBA Today eNewsletter - March 12, 2014 - Community Bankers Association of Georgia

CBA Today eNewsletter - March 12, 2014 - Community Bankers Association of Georgia.html[10/27/2014 11:29:38 AM]

March 12, 2014

Events

CBA University

Industry Representation

Legislative Updates

Member Services

About CBA

Conferences

Conventions

Schools

Webinars

Banker Regulatory Forums

Compliance

Superior Products...Significant Discounts

Packaging, Loan Sale and Servicing

A CBA Endorsed Member Company

Johnson, Crapo Unveil Housing Finance Reform AgreementSenate Banking Committee Chairman Tim Johnson and Sen. Mike Crapo, the panel's top Republican, recently laid out a preliminary bipartisan agreement on housing finance reform after months of deliberation.

The highly anticipated plan would wind down Fannie Mae and Freddie Mac and establish an explicit federal backstop for the secondary mortgage market, building on legislation released last summer by Sens. Bob Corker, R-TN and Mark Warner, D-VA.

Johnson and Crapo are expected to release a bill soon and hope to schedule a committee vote in coming weeks, according to a press release.

"This bipartisan effort will provide the market the certainty it needs, while preserving fair and affordable housing throughout the country," Johnson said in a statement. "I look forward to moving this effort through committee once Members have had a chance to review our forthcoming legislation."

Click here to read full article.

Card Brands Launch Security InitiativeEnding weeks of relative silence by the two major payment card brands in the wake of payments breaches at Target Corp., Neiman Marcus and others retailers, MasterCard and Visa have announced the formation of a cross-industry group to work on improving U.S. payment security, according to Bank Info Security. The collaborative effort aims to advance the migration to chip cards as well as point-to-point encryption. In addition to the card brands, the coalition will include banks of all sizes, credit unions, acquirers, retailers, point-of-sale device manufacturers and industry trade groups, the card brands say in announcing the effort.

“The recent high-profile breaches have served as a catalyst for much needed collaboration between the retail and financial services industry on the issue of payment security,” says Ryan McInerney, president of Visa Inc. “As we have long said, no one industry or technology can solve the issue of payment system fraud on its own.”

CFPB Encouraged Not to Impose New Credit Score Regulations on Community BanksICBA urged the Consumer Financial Protection Bureau not to require community banks to provide new credit score disclosures on monthly credit card statements. The CFPB recently asked the nation’s largest credit card companies to provide this disclosure.

In a letter to the bureau, ICBA wrote that community banks’ relationship-based business model ensures frequent and transparent communication with customers. The required credit score disclosure cannot be easily implemented by community banks due to their limited compliance resources, ICBA noted.

ICBA also urged the CFPB not to consider the disclosure an industry best practice,

Upcoming Events

Putting the Pieces Together: Processing

Mortgage Loan Applications

March 18 - AtlantaMarch 20 - Macon

2nd Annual Southeast Bank Security Management ConferenceMarch 24-25

Atlanta

Consumer & Commercial Loan

DocumentationMarch 26-27

Atlanta

CBA Resources

2013 Georgia Financial Directory

Career Center

FDIC Regulatory Calendar

Salary Survey

CBA Today eNewsletter - March 12, 2014 - Community Bankers Association of Georgia

CBA Today eNewsletter - March 12, 2014 - Community Bankers Association of Georgia.html[10/27/2014 11:29:38 AM]

which can be interpreted by bank examiners to be requirements. The association wrote that community banks should not be punished by examiners for not providing the disclosure.

Megabank Customers Offer Community Bank Opportunities SurveyNearly half of large-bank customers are not loyal to their primary bank, but dissatisfaction alone is often not enough to get customers to switch from their large banks, according to a recent poll. The Harris Poll, reported in Bank Systems & Technology, found that 46 percent of those surveyed who are customers at large banks do not feel "very loyal" to their primary bank. However, 63 percent said they have never considered opening a checking account at a local community financial institution.

Treasury: Small-Biz Credit Initiative Has Disbursed Over $1BThe Treasury Department’s State Small Business Credit Initiative recently disbursed more than $1 billion to state economic development agencies to support small-business lending and investment, according to the program’s latest quarterly report. Additionally, funds used by state programs reached $750 million, or 51 percent of the nearly $1.5 billion of total allocated funds, by the end of last quarter.

The Small Business Jobs Act of 2010 created the SSBCI to fund state programs that support access to credit for small businesses and small manufacturers. President Barack Obama’s fiscal 2015 budget seeks an additional $1.5 billion in funding to extend the program.

Learn How to Leverage Social Media to Grow Customer Relationships at the CBA's Leadership Division Convention

Batter up! The CBA will host its 36th Annual Leadership Division Convention & Mini-Trade Show, Thursday - Sunday, June 26-29, 2014, at The Ritz-Carlton Amelia Island, FL. This is a great opportunity to get away and escape to rejuvenating ocean views and spend a few days networking with friends, bankers, directors and exhibitors. Hear speaker Matthew Wilcox, Managing Director of Marketing Strategy and Innovation, Fiserv, Salt Lake City, UT, present on the topic, "Leveraging Social Media to Grow Customer Relationships."

In his role, Mr. Wilcox guides the holistic marketing of Fiserv payment solutions, with a focus on those that support digital and emerging payments for consumers and small businesses. Prior to joining Fiserv, Mr. Wilcox spent 15 years with Zions Bancorporation as Senior Vice President and Director of Digital Channels and Marketing. During his career, he has directed work in emerging technologies, mobile and online banking, payments, social media, and marketing strategies.

Stay tuned to learn about other speakers and events! Reserve your room today for the Leadership Division Convention. As always, spouses and children 17 and under of fully registered delegates/exhibitors are free. Register them today!! If you would like to sponsor or exhibit, please contact Lindsay Greene. For general information about the Convention or the Resort, please contact Peake Wilson. Watch for the latest brochure in your mailbox to learn all about the new Convention features and activities!

Connect with CBA on LinkedIn and Facebook

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CBA Today eNewsletter - March 12, 2014 - Community Bankers Association of Georgia

CBA Today eNewsletter - March 12, 2014 - Community Bankers Association of Georgia.html[10/27/2014 11:29:38 AM]

Are You Registered for CBA's Inaugural Sporting Clay Event? There's still time to sign up for the CBA Leadership Division's Inaugural Sporting Clay Event being held on Tuesday, March 25, 2014, at the Wynfield Plantation in Albany, GA. Register today for a fun day of shooting clays and networking with colleagues.

CBA thanks all the sponsors for the event! Contact Lindsay Greene at 770-541-0376 for other sponsorship opportunities. Click here for more information on the event, or contact Peake Wilson at (770) 541-0379.

Special Thanks to Our Sponsors!

Get Your Raffle Tickets for a Chance to Win an SKB 12-Gauge Over & Under ShotgunThere are only a handful of tickets available for a chance to win an SKB 585 12-Gauge Over & Under Shotgun (sold by Backwoods Outdoors in Leesburg, GA). Tickets are on sale now for only $20 each. The shotgun retails for $1,599.99. Don't pass up this offer! The drawing will be held onsite at the March 25th Inaugural Sporting Clay Event being held at Wynfield Plantation in Albany, hosted by the CBA’s Leadership Division. All proceeds benefit the CBA PAC/PR funds. Please email Peake Wilson for more information and to purchase your tickets. You do not have to be present to win.

See the Phenomenal Speaker Line Up for CBA's Spring Meetings

CBA Today eNewsletter - March 12, 2014 - Community Bankers Association of Georgia

CBA Today eNewsletter - March 12, 2014 - Community Bankers Association of Georgia.html[10/27/2014 11:29:38 AM]

in Braselton, Albany and Valdosta!Join us for the 5th Annual Spring Regional Luncheon Meetings in April, and hear from several great speakers in five convenient locations throughout the state! During these informative meetings, industry experts discuss current trends, provide insight into managing interest rate risk and outline possible strategies for future growth. Plus, you will have time to network with other community bankers and CBA associate members.

The popular Bankers Only Peer Group meeting is a complimentary portion of the Spring Regional Luncheon Meeting held for bankers to network and discuss hot topics of their choice. The newly added Legislative Update will be provided by Dan Brannan of CBA’s General Counsel and Spring Regional Luncheon Meeting sponsor, James-Bates-Brannan-Groover, LLP. In addition, Tim Veal from the accounting firm, Nichols, Cauley & Associates, LLC, a CBA associate member, will be updating us on accounting issues. Register today!

Danny Capitel, Regional Director SE Promontory Interfinancial Network, LLC, Arlington, VA and Al Forrester, Founder & CEO, FICast Data Corporation, Atlanta, will speak on the topic, “Managing Interest Rate Risk for Optimal Balance Sheet Performance.” You will also learn “Ways To Grow Your Business in a Challenging Environment” from speaker, John Brinkworth, Executive Director, Marketing Services, Harland Clarke, Atlanta. You will have the opportunity to hear from all three phenomenal speakers on three different days! Register today by clicking the links below! Click here for additional details.

April 3 - Braselton April 16 - Albany April 17 - Valdosta

2014 ICBA Washington Policy SummitMark your calendars to join your fellow community bankers from across the nation on Tuesday, April 29th – Friday, May 2nd for the 2014 ICBA Washington Policy Summit. This action packed opportunity to carry your voice to the U.S. Capitol is for any community banker, at any level, who wants to make a difference.

Register today. ICBA member community bankers and their spouse/guest are FREE.

Scheduled Speakers:

Senator Heidi Heitkamp (D-North Dakota)Martin J. Gruenberg, Chairman, Federal Deposit Insurance Corporation SenatorJerry Moran (R-Kansas) (invited)Honorable Janet Yellen, Chair, Board of Governers of the Federal Reserve System (invited)

Bank Directors’ & Executive Officer Training Programs The CBA is a leader in bank director and executive officer training and we are pleased to announce a few upcoming classroom programs designed specifically for community bank directors and

CBA Today eNewsletter - March 12, 2014 - Community Bankers Association of Georgia

CBA Today eNewsletter - March 12, 2014 - Community Bankers Association of Georgia.html[10/27/2014 11:29:38 AM]

executive officers. Please make plans now to attend ONE or ALL of these unique educational programs.

6th Annual Bank Directors’ & Executive Management Conference Tuesday, May 13, 2014 | The Cobb Energy Performing Arts Centre, Atlanta

"Let’s Get Going!?” Is that an affirmative statement for your bank or a question you are asking? That is the dilemma confronted by many community bankers in today’s environment. Should they begin taking the steps in a new environment to get ahead of the curve and begin looking at new ways to enhance value, create core earnings, look at new insurance products, create new compensation structures and focus on emerging issues like cyber-liability? Or, on the other hand, do those tasks seem so daunting that now is the time to position your bank to sell to another organization?

Alternatively, are you looking to merely maintain organic growth by remaining independent or are you seeking to expand your reach through acquisitions? Each of those various topics is being confronted by all of us today.

In this year’s Bank Directors’ and Executive Management Conference, we will cover these topics and much more to help you set a firm direction for your organization in the coming years regardless of your strategic choice. To learn more, click here for the brochure and to register, click here or contact Jodi Swilley.

2nd Annual Southeastern Bank Chairman’s SummitWednesday, May 14, 2014 | The Georgian Club, Atlanta

What does the Chairman of the Board really do? Is it a ceremonial position or one that requires actual action? For too long, the role of the Chairman of the Board of a financial institution has generally been undefined. This Summit will help answer those questions.

This program has a unique format; it is not a lecture; it is not a seminar presentation; but rather, it is an open forum discussion among bank Chairmen from across the state and the Southeast. This format allows an opportunity for you to pick up techniques and trends used by other Chairmen to lead their organizations. To learn more, click here for brochure. To register, click here or contact Jodi Swilley .

4th Bank Directors College and FDIC WorkshopMonday, August 18, 2014 | The Westin Savannah Harbor Golf Resort and Spa

Once again, the CBA is pleased to partner with Mark Kanaly, Partner and Chair of Banking Practice, Alston + Bird LLP and representatives from the FDIC Atlanta Regional Office to offer this one-of-a-kind Bank Directors’ College. Please SAVE THE DATE and make plans now to join community bankers from all across the state on Monday, August 18th at the beautiful Westin Savannah Harbor Golf Resort and Spa. Information regarding the speakers, topics and how to make hotel reservations will be available soon. For immediate assistance, please contact Jodi Swilley.

Accolades and More...Congratulations to CBA Associate Member FiservFiserv, Inc., a leading global provider of financial services technology solutions, recently announced that its Financial Crime Risk Management (FCRM) Platform is ranked 'best-in-class' in 3 of 4 categories evaluated by CEB TowerGroup in its 2013 Know Your Customer (KYC) Technology Analysis. The solution was judged as a best-in-class provider in the Ongoing Monitoring, Compliance Operations and Enterprise Support categories. Click here for more info.

Additionally, Fiserv was recently named to FORTUNE magazine's 2014 list of World's Most Admired Companies in the category of financial data services. Click here to

CBA Today eNewsletter - March 12, 2014 - Community Bankers Association of Georgia

CBA Today eNewsletter - March 12, 2014 - Community Bankers Association of Georgia.html[10/27/2014 11:29:38 AM]

Private Bank of Buckhead - AtlantaWelma Baer has been promoted to Assistant Vice President.

Private Bank of Buckhead - AtlantaIvan Giron has been promoted to Assistant Vice President.

learn more.

Collateral Valuation and DocumentationAn important component of a bank’s allowance calculation is identifying FAS 114 loans for impairment. One of the most widely used impairment methods is the Fair Market Value of Collateral, since many banks and credit unions must accommodate collateral-dependent loans or loans on which the borrower is not expected to make future cash payments. Download this whitepaper from CBA Endorsed member Company Sageworks to learn:

When to use collateral for FAS 114 analysisHow to gather the necessary collateral dataWhy this method is important for a bank’s ALLL calculation

Help us Support Children’s Healthcare!Kristi Greer, Education & Development Officer, Oconee State Bank, Watkinsville and CBA Leadership Division Committee Member, decided to do things a little differently for her Children’s Healthcare fundraising efforts. She and the bank have partnered with Your Pie (a local pizzeria), and on Thursday, March 27, between the hours of 4:00 pm and 9:00 pm, 10% of proceeds from their food sales will collect to benefit Children’s Healthcare. This is a cause for which the CBA’s Leadership Division has collected over $350,000 since the late 1980s. The CBA and its Leadership Division thank Mrs. Greer, Oconee State Bank and Your Pie for all their efforts. Please support the event by dining at Your Pie on Thursday evening, March 27, 2014. If you would like ideas on how you can raise funds for Children’s, please email Peake Wilson at the CBA.

banc-serv Free Webinar - SBA Credit AnalysisAttend a webinar conducted by banc-serv's own Manager of Bank Partner Relations, Valerie Reimink.

Thursday, March 20, 20142:00 - 3:00 p.m. EST

Register now!

CBA Today eNewsletter - March 12, 2014 - Community Bankers Association of Georgia

CBA Today eNewsletter - March 12, 2014 - Community Bankers Association of Georgia.html[10/27/2014 11:29:38 AM]

Private Bank of Buckhead - AtlantaYeisa Calderon has been promoted to Deposit Operations Specialist.

Private Bank of Buckhead - AtlantaRenee Hinkson has been promoted to Senior Vice President.

State Bank & Trust Company - AtlantaJim Guthrie has been named Regional President, Mortgage Lending.

Newton Federal Bank – Covington, GAGreg Proffitt has been promoted to Senior Vice President, Chief Operations Officer.

In Memoriam

The CBA offers its sincere condolences to the family and friends of Howard Miller, longtime CBA Associate Member of RCB Financial Services, Cleveland, whose wife, Hannah Miller, recently passed away. Her memory will be cherished.

March 2014

Putting the Pieces Together: Processing Mortgage Loan Applications NEWTuesday, March 18, 2014 – Crescent Mortgage Company Training Facility, Atlanta

Putting the Pieces Together: Processing Mortgage Loan Applications NEWThursday, March 20, 2014 – Idle Hour Country Club, Macon

2nd Annual Bank Security Management ConferenceMonday-Tuesday, March 24-25, 2014 – The Georgian Club, Atlanta

Consumer & Commercial Loan DocumentationWednesday-Thursday, March 26-27, 2014 – JHTC at CBA Headquarters, Atlanta

April 2014

Spring Regional Luncheon Meeting - Braselton

CBA Today eNewsletter - March 12, 2014 - Community Bankers Association of Georgia

CBA Today eNewsletter - March 12, 2014 - Community Bankers Association of Georgia.html[10/27/2014 11:29:38 AM]

Tuesday, April 3, 2014, Chateau Elan

Spring Regional Luncheon Meeting - MariettaTuesday, April 8, Hilton Atlanta/Marietta Hotel

Spring Regional Luncheon Meeting - MaconThursday, April 10, Idle Hour Country Club

Spring Regional Luncheon Meeting - AlbanyWednesday, April 16, Doublegate Country Club

Spring Regional Luncheon Meeting - ValdostaThursday, April 17, Rainwater Conference Center

Compliance Program I - RESPA/Regulation B & Z – Mortgage Rules UpdateTuesday, April 22, Stonebridge Country Club, Albany

Compliance Program I - RESPA/Regulation B & Z – Mortgage Rules UpdateWednesday, April 23, Savannah Hilton Garden Inn Savannah Airport

ALLL SEMINAR: Complying With New Regulations NEW ½ DayTuesday, April 29, JHTC at CBA Headquarters, Atlanta

May 2014

Consumer Lending SchoolMonday-Friday, May 5-9, 2014 – JHTC at CBA Headquarters, Atlanta

Bankers Regulatory ForumThursday, May 8, 2014 – Vinings Bank, Marietta

6th Annual Bank Directors’ & Executive Management Conference (NEW DATE)Tuesday, May 13, 2014 – The Cobb Energy Performing Arts Centre, Atlanta

2nd Annual Southeastern Chairman’s SummitWednesday, May 14, 2014 – The Georgian Club, Atlanta

Writing an Effective Credit Memorandum (New)Tuesday-Wednesday, May 20-21, 2014 – JHTC at CBA Headquarters, Atlanta

Compliance Program 1: Regulation Z, B and RESPA – Mortgage Rules UpdateTuesday, May 20, 2014 – The Forum, Rome

Compliance Program 1: Regulation Z, B and RESPA – Mortgage Rules UpdateWednesday, May 21, 2014 – Hilton Garden Inn at Sugarloaf, Duluth

Compliance Program 1: Regulation Z, B and RESPA – Mortgage Rules UpdateThursday, May 22, 2014 – Idle Hour Country Club, Macon

Analyzing Corporate Financial Statements and Tax ReturnsThursday, May 22, 2014 – JHTC at CBA Headquarters, Atlanta

We are community banking.

1900 The Exchange, Suite 600, Atlanta, GA 30339

CBA Today eNewsletter - March 12, 2014 - Community Bankers Association of Georgia

CBA Today eNewsletter - March 12, 2014 - Community Bankers Association of Georgia.html[10/27/2014 11:29:38 AM]

Phone: (770) 541-4490 / (800) 648-8215Fax: (770) 541- 4496 • www.cbaofga.com