Summer 2015 Georgia Communities First magazine

SUMMER 2015

INSIDE • Join CBA in Savannah for the 47th Annual Meeting & Trade Show • Executive Insurance Company: Celebrating 20 Years with CBA

Official Publication of the Community Bankers Association of Georgia

• CBA of Georgia Endorses CBIZ

47th Annual Meeting & Trade Show September 23 -27, 2015 The Westin Savannah Harbor Golf Resort & Spa

Member:

FROM THE PRESIDENT'S DESK

A Penny Saved is a Penny Earned Growing up in a household of four kids in which my Mom was a community banker and my Dad was a law enforcement officer, I heard this proverb many times around the dinner table. Often attributed to Benjamin Franklin in its current phrasing, the original form of this proverb used 'got' or 'gained' instead of 'earned' and was recorded as early as the 17th century, in George Herbert's Outlandish Proverbs, circa 1633: A penny spar'd is twice got.

The notion appears to have been that, by declining to spend a penny and to save one's money instead, you are a penny up rather than a penny down, hence 'twice got'.

The current format of the phrase began soon afterwards with the 'gained' usage.

Regardless of its origin, its simple truth is always relevant: It is as useful to save money that you already have as it is to earn more.

That is why I would like to highlight our Association’s Endorsed Member Companies because you can: Save Time – Narrow your search for vendors quickly by taking a first look at the vendors who have already earned the seal of approval from CBA members.

Save Money – Our Endorsed Member Companies offer special pricing to CBA members, which equates to real-dollar savings.

Earn Money – Explore the revenue-enhancement opportunities offered by our Endorsed Member Companies to improve your bottom line.

Each of these Endorsed Member Companies has been placed through a rigorous due diligence process by the CBA team and our Member Services Committee, involving a thorough review of financial stability, representation, references and proposed member discounts. After receiving a recommendation from the Member Services Committee, the CBA Board reviews each proposal for final approval.

risks, vendors, audits, business continuity, exam preparation, compliance strategy and planning. (My personal assessment: System more than pays for itself, a compliance manager’s dream, banks that have fully utilized the system love it) CBIZ Benefits & Insurance Services is a publically traded company that was rated the #1 U.S. Benefits Specialist in 2014. It is the 16th largest insurance broker of U.S. business and has over 4000 employees in 140 offices nationwide. Its Atlanta office has 22 professionals managing $500 million in employer sponsored health and welfare benefit expenditures. CBIZ will provide a free employee benefit analysis for all CBA member banks including a review of all current coverage including medical, dental, vision, life, disability and ancillary insurance. (My personal assessment: A very welcomed addition of a major health benefits provider to serve GA’s banking market, aggressive pricing, will be a very appealing alternative to existing programs) I hope you take a look at these three new Endorsed Member Companies, plus our roster of 25 other terrific Endorsed Member Companies that have been providing outstanding service to our members for quite some time - some in excess of 25 years! In addition to providing great service, many a penny has been saved, and many a penny has been earned by our member banks due to these fine companies. A complete listing can be found on page 31.

Please know that all of us at the CBA are committed to helping you in any way we can, so please don’t hesitate to contact us if we can be of assistance. Have a great summer!

Best regards,

With that in mind, I would like to introduce the recent 2015 additions to our impressive Endorsed Member Company roster: ATM Response is an armored car company providing custom cash logistics and ATM maintenance solutions for Financial Institutions throughout the southeast. Founded in 1982 and based in Suwanee, Georgia, ATM Response offers a wide range of service offerings including Cash Delivery from the Federal Reserve, ATM Maintenance Programs and ATM Balancing and Replenishment.

(My personal assessment: Super nice guys, extremely responsive, will save you money) Continuity is a Compliance Management System for community banks. Engineered to reduce the time, cost and risk impacts of regulation, this unified system automates the entire regulatory lifecycle — managing regulatory updates, policies, procedures, 2 | w w w .cbaof ga. com | Sum m e r 2 0 1 5

Rob Braswell President & CEO Community Bankers Association of Georgia

FINER

POINTS

Freedom and Lending Let freedom ring. Let economic liberty and opportunity flourish.

Let credit flow on Main Street.

This month, on the heels of celebrating our nation’s birth to secure personal freedom and economic opportunity, Independent Banker highlights recently successful lending by community banks. The magazine’s coverage represents snapshots of our industry, because there are far too many worthy community bank lenders to highlight in any single issue. So the coverage is part recognition of and tribute to the pivotal role community banks play in deploying local deposits to support people and local economies. (See the stories starting on page 20 and page 42.)

Available, affordable credit is the indispensible lubricant in our nation’s mighty economic engine. In immeasurably diverse ways, credit empowers progress and helps fulfill individual ideas and dreams—the foundation of American opportunity, freedom and prosperity. Knowledgeable, responsive lending—along with processing secure payments and safeguarding savings—is fundamental to the relationship-based model all community banks follow.

Every community bank wants—and in fact counts on—its customers succeeding financially as much or more tomorrow as they do today. Inherently, that involves responsibly providing credit to as many people as possible who need it. Often when other financial institutions fail to meet consumers’ needs, it’s community banks that step up to provide the credit that helps Main Street succeed.

continue to shackle Main Street credit, as indicated by numerous independent studies and a mountain of testimony from Main Street community bankers. The evidence is clear and overwhelming, and today few policymakers in Washington deny it.

Reg Relief Resource Review ICBA’s Plan for Prosperity regulatory relief legislative measures online at www.icba.org/PFP2015.

With constant input and encouragement from ICBA, Congress continues to work on legislation to provide meaningful regulatory relief for community banks. Many measures derive directly from ICBA’s Plan for Prosperity policy proposals. All of which would free community banks from regulation truly aimed at megabanks, and many of the proposals would directly help community banks focus their limited time and resources on Main Street lending. America’s consumers, families and small businesses—and anyone with a personal stake in our economy—will benefit from the measures.

That’s our primary message to Congress as we—with help from you and everyone at your community bank—push to secure meaningful regulatory relief this year. For so many important reasons, for so many people, let credit flow on Main Street. Let freedom ring!

However, an underlying storyline amid this month’s Independent Banker coverage is how hard community banks must work today to continue to provide responsible, needed credit on Main Street. At almost every turn, from counterproductive compliance requirements to misfit prudential mandates, one-size-fits-all overregulation is imposing costly burdens that are distracting if not downright hindering community banks from their primary role of providing useful, job-creating credit.

Fortunately, ICBA and community bankers have secured several important and unprecedented exceptions for community banks from some, but not enough of, the newest Dodd-Frank Act provisions and mandates. But those sensible policy victories only stemmed a tide of excessive regulation already weighing down community banks. The truth is that many misdirected regulations designed for Wall Street megabanks and nonbanks

Cam Fine President & CEO Independent Community Bankers of America

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Corner GENERAL COUNSEL

LEGAL NEWS AND UPDATES FOR CBA MEMBERS

Have a topic you would like to see covered in “General Counsel Corner?”

Email us at generalcounselcorner @ jamesbatesllp.com

SUMMER 2015

HOA Superliens Could Wipe Out Bank’s First Priority Lien on Real Property by Whalen J. Kuller and Michael N. White dŚĂŶŬƐ ƚŽ ƚŚĞ ǁŽƌŬ ŽĨ ƚŚĞ ŽŵŵƵŶŝƚLJ ĂŶŬĞƌƐ ƐƐŽĐŝĂƟŽŶ ; Ϳ ĂŶĚ ŽƚŚĞƌƐ͕ ƚŚŝƐ ƉĂƐƚ ůĞŐŝƐůĂƟǀĞ ƐĞƐƐŝŽŶ ƐĂǁ ƚŚĞ ĚĞĨĞĂƚ ŝŶ ƚŚĞ ^ĞŶĂƚĞ :ƵĚŝĐŝĂƌLJ ŽŵŵŝƩĞĞ ŽĨ ^ ϭϭϳ͕ ƚŚĞ ĐŽŶĚŽ ĂƐƐŽĐŝĂƟŽŶ ƐƵƉĞƌůŝĞŶ ďŝůů͘ ^ ϭϭϳ ǁŽƵůĚ ŚĂǀĞ required the purchaser of a condominium at a foreclosure ƐĂůĞ ƚŽ ƚĂŬĞ ƟƚůĞ ƐƵďũĞĐƚ ƚŽ Ă ůŝĞŶ ŝŶ ƚŚĞ ĂŵŽƵŶƚ ŽĨ ƵƉ ƚŽ Ɛŝdž ŵŽŶƚŚƐ ŽĨ ĐŽŶĚŽ ĂƐƐŽĐŝĂƟŽŶ ĨĞĞƐ͘

ƌƵůĞĚ ƚŚĂƚ ĂŶ ,K ƐƵƉĞƌͲƉƌŝŽƌŝƚLJ ůŝĞŶ ŝƐ Ă ͞ƚƌƵĞ ƐƵƉĞƌͲ ƉƌŝŽƌŝƚLJ ůŝĞŶ͕͟ ĂŶĚ ƚŚĂƚ Ă ƉƌŽƉĞƌůLJ ĐŽŶĚƵĐƚĞĚ ĨŽƌĞĐůŽƐƵƌĞ ŽŶ ƚŚĞ ,K ůŝĞŶ ĞdžƟŶŐƵŝƐŚĞƐ ĮƌƐƚ ĚĞĞĚƐ ŽĨ ƚƌƵƐƚ͘ dŚĞ ĐĂƐĞ ŝŶ ƋƵĞƐƟŽŶ ŝŶǀŽůǀĞĚ Ă Ψϲ͕ϬϬϬ ůŝĞŶ ƚŚĂƚ ǁĂƐ ĨŽƌĞĐůŽƐĞĚ ƵƉŽŶ͕ ǁŝƉŝŶŐ ŽƵƚ ĂŶ ΨϴϴϬ͕ϬϬϬ ĮƌƐƚ ůŝĞŶ ŚĞůĚ ďLJ h͘^͘ ĂŶŬ͘ dŚĞ ƌĞƐƵůƚ ŽĨ ƚŚĞ ͘ ͘ ĂŶĚ EĞǀĂĚĂ ƌƵůŝŶŐƐ ŝƐ ƚŚĂƚ ŝĨ ĂŶ ,K ŝŶ ͘ ͘ Žƌ EĞǀĂĚĂ ĨŽƌĞĐůŽƐĞƐ ŝƚƐ ƐƵƉĞƌůŝĞŶ͕ ŶŽƚ ŽŶůLJ ĚŽĞƐ ŝƚ ĐŽůůĞĐƚ ŝƚƐ ĚĞďƚ͕ ďƵƚ ŝƚ ĞůŝŵŝŶĂƚĞƐ Žƌ ͞ǁŝƉĞƐ ĂǁĂLJ͟ ƚŚĞ ĮƌƐƚ ŵŽƌƚŐĂŐĞ Žƌ ĚĞĞĚ ŽĨ ƚƌƵƐƚ͕ ĂƐ ǁĞůů ĂƐ ĂŶLJ ŽƚŚĞƌ ũƵŶŝŽƌ ůŝĞŶƐ ŽŶ ƚŚĞ ƉƌŽƉĞƌƚLJ͘ dŚĞ ƉƌĂĐƟĐĂů ŝŵƉĂĐƚ ŽĨ ƚŚĞƐĞ ƌƵůŝŶŐƐ ŝƐ ƚŚĂƚ ĮƌƐƚ ƉŽƐŝƟŽŶ ůĞŶĚĞƌƐ ŝŶ ƚŚĞƐĞ ũƵƌŝƐĚŝĐƟŽŶƐ ǁŝůů͕ ŝŶ ŵŽƐƚ ĐĂƐĞƐ͕ ŚĂǀĞ ƚŽ ƉĂLJ Žī ƚŚĞ ,K ͛Ɛ ĂƐƐĞƐƐŵĞŶƚ ƐƵƉĞƌůŝĞŶ ŝŶ ŽƌĚĞƌ ƚŽ ƉƌĞƐĞƌǀĞ ƚŚĞ ůĞŶĚĞƌ͛Ɛ ĮƌƐƚ ƉŽƐŝƟŽŶ͘ /Ĩ ŶŽƚ͕ ĂŶĚ ĨŽƌĞĐůŽƐƵƌĞ ŽĨ ƚŚĞ ,K ƐƵƉĞƌůŝĞŶ ŝƐ ĐŽŵƉůĞƚĞĚ͕ ƚŚĞ ƉƌŽƉĞƌƚLJ ĐŽƵůĚ ďĞ ƐŽůĚ Ăƚ foreclosure for a price equal to Žƌ ƐůŝŐŚƚůLJ ĂďŽǀĞ ƚŚĞ ,K ĚƵĞƐ ŝŶ ĂƌƌĞĂƌƐ͕ ĂŶĚ ƚŚĞ ůĞŶĚĞƌ͛Ɛ ĮƌƐƚ ƉŽƐŝƟŽŶ ǁŽƵůĚ ďĞ ĞdžƟŶŐƵŝƐŚĞĚ͘

KǀĞƌ ϮϬ ƐƚĂƚĞƐ ŚĂǀĞ ĂĚŽƉƚĞĚ ƐŽŵĞ ĨŽƌŵ ŽĨ ŚŽŵĞŽǁŶĞƌ ĂƐƐŽĐŝĂƟŽŶ ;,K Ϳ ͞ƐƵƉĞƌůŝĞŶ͟ ƐƚĂƚƵƚĞ͕ ǁŚĞƌĞďLJ ƌĞƐŝĚĞŶƟĂů ĂŶĚͬŽƌ ĐŽŵŵĞƌĐŝĂů ĂƐƐŽĐŝĂƟŽŶƐ ĂƌĞ ŐƌĂŶƚĞĚ Ă ƐƚĂƚƵƚŽƌLJ assessment lien as security for ƚŚĞ ĐŽůůĞĐƟŽŶ ŽĨ Ăƚ ůĞĂƐƚ ƐŽŵĞ ƉŽƌƟŽŶ ŽĨ ƚŚĞ ĂƐƐŽĐŝĂƟŽŶ͛Ɛ ĂƐƐĞƐƐŵĞŶƚƐ͘ dŚĞ ũƵƐƟĮĐĂƟŽŶ ĨŽƌ ƚŚĞƐĞ ƐƵƉĞƌůŝĞŶƐ ŝƐ ƚŚĂƚ ,K Ɛ ĂƌĞ ĐƌŝƟĐĂů ƚŽ ƚŚĞ ƉƌĞƐĞƌǀĂƟŽŶ ŽĨ ƚŚĞ ǀĂůƵĞ ŽĨ ƚŚĞ ĐŽŵŵƵŶŝƚLJ ĂŶĚ ƐŚŽƵůĚ ŚĂǀĞ Ă ŵĞĐŚĂŶŝƐŵ ƚŽ ĞŶƐƵƌĞ ƚŚĂƚ ƚŚĞLJ ƌĞĐĞŝǀĞ ƚŚĞ funds necessary to maintain the community and, therefore, ƌĞĂů ĞƐƚĂƚĞ ǀĂůƵĞƐ͘ /Ŷ ƚŚĞ ĨĂůů ŽĨ ASSOCIATIONS ϮϬϭϰ ĐŽƵƌƚƐ ŝŶ ͘ ͘ ĂŶĚ EĞǀĂĚĂ &Žƌ ,K Ɛ͕ ƚŚĞƐĞ ĚĞĐŝƐŝŽŶƐ ƉƌŽǀŝĚĞ ƌƵůĞĚ ƚŚĂƚ ƚŚĞ ũƵƌŝƐĚŝĐƟŽŶ͛Ɛ ,K Ă ƉŽǁĞƌĨƵů ƚŽŽů ĨŽƌ ĐŽůůĞĐƟŶŐ ƐƵƉĞƌůŝĞŶ ƐƚĂƚƵƚĞ ĚŽĞƐ ŶŽƚ ũƵƐƚ ĚĞůŝŶƋƵĞŶƚ ĂƐƐĞƐƐŵĞŶƚƐ͘ &Žƌ ĂīŽƌĚ Ă ƉĂLJŵĞŶƚ ƉƌŝŽƌŝƚLJ ƚŽ ƚŚĞ ,K ͕ ďƵƚ ƚŚĂƚ Ăƚ ůĞĂƐƚ Ă ƉŽƌƟŽŶ ŽĨ ĂŶ ,K ƐƵƉĞƌůŝĞŶ ŝƐ lenders, these decisions complicate loan enforcement ƐƵƉĞƌŝŽƌ ŝŶ ƉŽƐŝƟŽŶ ʹ ƉŽƐŝƟŽŶ ƉƌŝŽƌŝƚLJ ʹ ƚŽ Ă ĮƌƐƚ ƉŽƐŝƟŽŶ ƐƚƌĂƚĞŐŝĞƐ ŽŶ ĞdžŝƐƟŶŐ ůŽĂŶƐ ĂŶĚ ŵĂLJ ƌĞƋƵŝƌĞ ŵŽĚŝĮĐĂƟŽŶ ƚŽ ƚŚĞŝƌ ƵŶĚĞƌǁƌŝƟŶŐ ƌĞƋƵŝƌĞŵĞŶƚƐ ĂŶĚ ůŽĂŶ ĚŽĐƵŵĞŶƚ ĚĞĞĚ ŽĨ ƚƌƵƐƚ͘ ĞƐĐƌŽǁ ƉƌŽǀŝƐŝŽŶƐ͘ /Ŷ ĂĚĚŝƟŽŶ͕ ƚŚĞƐĞ ŝŶƚĞƌƉƌĞƚĂƟŽŶƐ /Ŷ ƵŐƵƐƚ ϮϬϭϰ͕ ŝŶ ŚĂƐĞ WůĂnjĂ ŽŶĚŽŵŝŶŝƵŵ ƐƐŽĐŝĂƟŽŶ͕ ŵĂLJ ƌĞƐƵůƚ ŝŶ ŶĞǁ ůĞŶĚĞƌ ƌĞƋƵŝƌĞŵĞŶƚƐ ĨŽƌ ĂƐƐŽĐŝĂƟŽŶ /ŶĐ͘ ǀ͘ :WDŽƌŐĂŶ ŚĂƐĞ ĂŶŬ͕ E͘ ͕͘ ƚŚĞ ŝƐƚƌŝĐƚ ŽĨ ŽůƵŵďŝĂ ĚŽĐƵŵĞŶƚƐ ƚŽ ƌĞƋƵŝƌĞ ĞdžƉƌĞƐƐ ƐƵďŽƌĚŝŶĂƟŽŶƐ͕ ǁĂŝǀĞƌƐ͕ ŽƵƌƚ ŽĨ ƉƉĞĂůƐ ĚĞƚĞƌŵŝŶĞĚ ƚŚĂƚ ĂŶ ĂƐƐŽĐŝĂƟŽŶ͛Ɛ ƐƚĂƚƵƚŽƌLJ ŶŽƟĐĞƐ͕ ĂŶĚͬŽƌ ŽƉƉŽƌƚƵŶŝƟĞƐ ĨŽƌ ůĞŶĚĞƌƐ ƚŽ ĐƵƌĞ͘ ͞ƐƵƉĞƌͲƉƌŝŽƌŝƚLJ͟ ůŝĞŶ ĨŽƌ ƵŶƉĂŝĚ ĂƐƐĞƐƐŵĞŶƚƐ ƚŽŽŬ ƉƌŝŽƌŝƚLJ ŽĨ ƉŽƐŝƟŽŶ͕ ŶŽƚ ũƵƐƚ ƉƌŝŽƌŝƚLJ ŽĨ ƉĂLJŵĞŶƚ͕ ŽǀĞƌ ƚŚĞ ůĞŶĚĞƌ͛Ɛ ƵƌŝŶŐ ƚŚŝƐ ƉĂƐƚ ůĞŐŝƐůĂƟǀĞ ƐĞƐƐŝŽŶ͕ :ĂŵĞƐͲ ĂƚĞƐͲ ƌĂŶŶĂŶͲ ŵŽƌƚŐĂŐĞ ůŝĞŶ͘ ŝƐĂŐƌĞĞŝŶŐ ǁŝƚŚ ƚŚĞ ƚƌŝĂů ĐŽƵƌƚ ƚŚĂƚ ƌƵůĞĚ 'ƌŽŽǀĞƌͲ>>W ǁŽƌŬĞĚ ǁŝƚŚ ƚŚĞ ƚŽ ƌĞǀŝĞǁ ƚŚĞ ƚĞdžƚ ŽĨ ƚŚĞ ĂƐƐŽĐŝĂƟŽŶ ůŝĞŶ ǁĂƐ Ă ƉƌŝŽƌŝƚLJ ŽĨ ƉĂLJŵĞŶƚ ůŝĞŶ ŽŶůLJ͕ ƚŚĞ ^ ϭϭϳ ŝŶ ƚŚĞ ĐŽŶƚĞdžƚ ŽĨ ƚŚĞ ͘ ͘ ĂŶĚ EĞǀĂĚĂ ƌƵůŝŶŐƐ ĂŶĚ ŽƵƌƚ ŽĨ ƉƉĞĂůƐ ŚĞůĚ ƚŚĂƚ ĨŽƌĞĐůŽƐƵƌĞ ŽĨ ƚŚĞ ĂƐƐŽĐŝĂƟŽŶ͛Ɛ ƚŚĞ ͘ ͘ ĂŶĚ EĞǀĂĚĂ ,K ƐƵƉĞƌůŝĞŶ ƐƚĂƚƵƚĞƐ͘ dŚĞ ƚĞdžƚ ĂƐƐĞƐƐŵĞŶƚ ůŝĞŶ ĞdžƟŶŐƵŝƐŚĞĚ ƚŚĞ ůĞŶĚĞƌ͛Ɛ ŵŽƌƚŐĂŐĞ ůŝĞŶ͘ ŽĨ ^ ϭϭϳ ŚĂĚ ĞŶŽƵŐŚ ƐŝŵŝůĂƌŝƚLJ ƚŽ ƚŚĞ ͘ ͘ ĂŶĚ EĞǀĂĚĂ dŚĞ ĐŽƵƌƚ ďĂƐĞĚ ŝƚƐ ĚĞĐŝƐŝŽŶ ŽŶ ĐŽŵŵŽŶ ůĂǁ ƉƌŝŶĐŝƉůĞƐ ƐƚĂƚƵƚĞƐ ƚŚĂƚ Ă 'ĞŽƌŐŝĂ ĐŽƵƌƚ ŝŶƚĞƌƉƌĞƟŶŐ ^ ϭϭϳ͕ ŝĨ ŝƚ ǁĞƌĞ ŽĨ ůŝĞŶ ƉƌŝŽƌŝƚLJ ĂŶĚ ƚŚĞ ĂďƐĞŶĐĞ ŽĨ Ă ĐůĞĂƌ ŝŶƚĞŶƚ ŝŶ ƚŚĞ ůĂǁ͕ ĐŽƵůĚ ĨŽůůŽǁ ƚŚĞ ƌĞĂƐŽŶŝŶŐ ŽĨ ƚŚĞ ͘ ͘ ĂŶĚ EĞǀĂĚĂ ĂƐƐŽĐŝĂƟŽŶ͛Ɛ ŐŽǀĞƌŶŝŶŐ ĚŽĐƵŵĞŶƚƐ ƚŽ ƐƵďŽƌĚŝŶĂƚĞ ƚŚĞ courts and come to a similar conclusion that the superlien ĂƐƐŽĐŝĂƟŽŶ͛Ɛ ĂƐƐĞƐƐŵĞŶƚ ůŝĞŶ ĂƐ ĂŐĂŝŶƐƚ ŵŽƌƚŐĂŐĞƐ ĂŶĚ ŐƌĂŶƚĞĚ ďLJ ^ ϭϭϳ ǁŽƵůĚ ďĞ Ă ƐƵƉĞƌͲƉƌŝŽƌŝƚLJ ůŝĞŶ͕ ƐƵĐŚ ĚĞĞĚƐ ŽĨ ƚƌƵƐƚ͘ ĞĐĂƵƐĞ ŝƐƚƌŝĐƚ ŽĨ ŽůƵŵďŝĂ ĨŽƌĞĐůŽƐƵƌĞ ƚŚĂƚ Ă ƉƌŽƉĞƌůLJ ĐŽŶĚƵĐƚĞĚ ĨŽƌĞĐůŽƐƵƌĞ ǁŽƵůĚ ĞdžƟŶŐƵŝƐŚ Ă ůĂǁƐ ĚŽ ŶŽƚ ƌĞƋƵŝƌĞ ŶŽƟĐĞ ŽĨ ƚŚĞ ĨŽƌĞĐůŽƐƵƌĞ ƚŽ ƚŚĞ ůĞŶĚĞƌ͕ ůĞŶĚĞƌ͛Ɛ ĮƌƐƚ ƉƌŝŽƌŝƚLJ ĚĞĞĚ ƚŽ ƐĞĐƵƌĞ ĚĞďƚ͘ ƚŚŝƐ ƌƵůŝŶŐ ŵĞĂŶƐ ƚŚĂƚ ůĞŶĚĞƌƐ ŝŶ ƚŚĞ ŝƐƚƌŝĐƚ ŽĨ ŽůƵŵďŝĂ ŵĂLJ ďĞ ǁŝƉĞĚ ŽƵƚ ďLJ ĂŶ ĂƐƐŽĐŝĂƟŽŶ͛Ɛ ĂƐƐĞƐƐŵĞŶƚ ůŝĞŶ ůƚŚŽƵŐŚ ^ ϭϭϳ ĚŝĚ ŶŽƚ ƉĂƐƐ ƚŚŝƐ LJĞĂƌ͕ ƚŚĞ ĞdžƉĞĐƚƐ ƚŚĂƚ ƐŽŵĞ ĨŽƌŵ ŽĨ ƚŚŝƐ ďŝůů ǁŝůů ďĞ ŝŶƚƌŽĚƵĐĞĚ ŝŶ 'ĞŽƌŐŝĂ͛Ɛ ĨŽƌĞĐůŽƐƵƌĞ ǁŝƚŚŽƵƚ ĂŶLJ ŶŽƟĐĞ Žƌ ŽƉƉŽƌƚƵŶŝƚLJ ƚŽ ĐƵƌĞ͘ ŶĞdžƚ ůĞŐŝƐůĂƟǀĞ ƐĞƐƐŝŽŶ͘ ĞĐĂƵƐĞ ŽĨ ƚŚĞ ƵŶĐĞƌƚĂŝŶƚLJ /Ŷ ^ĞƉƚĞŵďĞƌ ϮϬϭϰ͕ ŝŶ ^&Z /ŶǀĞƐƚŵĞŶƚƐ WŽŽů ϭ͕ >> ͕ ǀ͘ h͘^͘ ĐĂƵƐĞĚ ďLJ ƚŚĞ ͘ ͘ ĂŶĚ EĞǀĂĚĂ ĚĞĐŝƐŝŽŶƐ ĂŶĚ ǁŚĞƚŚĞƌ Ă ĂŶŬ͕ ƚŚĞ EĞǀĂĚĂ ^ƵƉƌĞŵĞ ŽƵƌƚ ƵƉŚĞůĚ Ă ƐŝŵŝůĂƌ ůĂǁ ƚŚĂƚ ƐŝŵŝůĂƌ ĚĞĐŝƐŝŽŶ ǁŽƵůĚ ďĞ ƌĞĂĐŚĞĚ ďLJ Ă 'ĞŽƌŐŝĂ ĐŽƵƌƚ͕ ŝƚ ŝƐ ĂůůŽǁƐ ŚŽŵĞŽǁŶĞƌ͛Ɛ ĂƐƐŽĐŝĂƟŽŶƐ ƚŽ ĨŽƌĞĐůŽƐĞ ŽŶ ŚŽŵĞƐ ŝŵƉŽƌƚĂŶƚ ƚŚĂƚ ĐŽŵŵƵŶŝƚLJ ďĂŶŬĞƌƐ ďĞ ƌĞĂĚLJ ƚŽ ĐŚĂůůĞŶŐĞ ĂŚĞĂĚ ŽĨ ĮƌƐƚ ŵŽƌƚŐĂŐĞ ƉƌŽǀŝĚĞƌƐ͕ ƐŽůŝĚŝĨLJŝŶŐ ͞ƐƵƉĞƌ ůŝĞŶ͟ ĂŶLJ ĨƵƚƵƌĞ ͞ƐƵƉĞƌůŝĞŶ͟ ďŝůů͘ ƉƌŝŽƌŝƚLJ ĨŽƌ ,K ĐůĂŝŵƐ ŝŶ EĞǀĂĚĂ͘ /Ŷ ŝƚƐ ĚĞĐŝƐŝŽŶ͕ ƚŚĞ ĐŽƵƌƚ

Homeowner

cbahotline

@ jamesbatesllp.com

Whalen J. Kuller OF COUNSEL

(404) 997-7505

wkuller@jamesbatesllp.com

Michael N. White OF COUNSEL

(478) 749-9921

mwhite@jamesbatesllp.com

PRESENTED BY GEORGIA’S LAW FIRM: OFFICES “General Counsel Corner,” a recurring column featuring legal news and information of interest to CBA 4 | wMACON w w .cbaof ga. com | Sum mer 2015 members, is brought to you by James-Bates-Brannan-Groover-LLP. Visit us at GeorgiasLawFirm.com + ATLANTA

JB

EXECUTIVE INSURANCE AGENCY CELEBRATING 20 YEARS AS CBA ENDORSED

MEMBER COMPANY

Family owned and operated, Executive Insurance Agency, has been serving their customers for over 35 years.

Executive Insurance Agency was founded in 1980 by John and Pat Sower. Originally located in Morrow, Georgia, they moved to their current location in Stockbridge in 1996. Twin brothers Ryan and Randy began working in the business in 1992 and acquired the company in 2010. They have continued the tradition of operating a local business with community ties started by their parents.

In 1995, Executive Insurance Agency was endorsed by the Community Bankers Association (CBA) for Blanket Vendors Single Interest Insurance (commonly known as VSI), which is designed to protect the lender’s interest only in their collateralized consumer installment loan portfolio. Lenders are able to pick which coverage and collateral that is important to them, creating a tailored policy for each individual bank.

Now in their 20th year as a CBA Endorsed Member Company, Executive Insurance continues to demonstrate their true commitment and loyalty to community banking in Georgia.

“Through rapid growth and technological advancement that has allowed our business to prosper, we have retained that critical human element by ensuring that you speak to a real person when you call our office. Additionally, we make certain to take whatever time is necessary to educate our clients about their policy, and strive to be available for them in any way we can,” said Ryan Sower, Executive Vice President.

“We are a Managing General Agency for multiple underwriters, and have full claims and draft authority for each of them. Every aspect - from receiving the claim, requesting any missing or

additional information, assigning the claim to the appropriate adjuster, to personally signing the settlement checks is done right here in our office. It is this hands-on approach that allows our business to continue to thrive. We are able to help lenders with all their collateral insurance needs, such as VSI, Flood, GAP, REO, Creditor Placed, Blanket, Tracking Services, and more,” continued Ryan.

Corey Gibbs, President & CEO of Community Banking Company of Fitzgerald and a longtime customer of EIA, said it best, “In today’s demanding environment, it’s "It's very refreshing to do very refreshing to business with a company do business with that provides professional a company that service on a personal level." provides professional service on a personal level. Randy and Ryan Sower of Executive Insurance Agency have been essential business partners with us for 10 years.

As expected, each interaction has been handled timely and efficiently.”

“Ryan and Randy have done a great job providing a quality product to our member banks and our members appreciate being able to pick up the phone and reach them whenever they need something,” said Rob Braswell, President & CEO of Community Bankers Association of Georgia. “We are tremendously appreciative of our 20-year partnership and for their long-standing support.”

To learn more, contact Ryan Sower at (770) 474-2355 or ryan@executiveinsuranceagency.com.

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37TH ANNUAL

Leadership Division Convention & Mini-Trade Show

Leadership Division a Huge Success!

Under the Florida sun and on its gorgeous Gulf Coast beach, Georgia community bankers, associate members and colleagues from around the country followed the Yellow Brick Road to the Emerald Coast and Sandestin Golf & Beach Resort, Destin, FL, for the hugely successful CBA Leadership Division Convention and Mini-Trade Show.

In addition to being a wonderful location to network with fellow bankers, it’s also a wonderful opportunity for community bankers to learn - not only about timely hot topics, but also about valuable products and services banks can utilize immediately upon their return to the office.

Besides the sessions and the trade show were the Julian Hester Memorial Golf Tournament, a 5k and Kids’ Fun Run and the funfilled Chairman’s Family Reception and Dinner. The finale featured talented and funny comedian, Don Friesen of South Pasadena, CA. The keynote speaker on Sunday was Col. Edward Hubbard, USAF (Ret.), former Vietnam P.O.W. who stunned the audience with his story of overcoming horrific odds as a 6 | w w w .cbaof ga. com | Sum m e r 2 0 1 5

prisoner of war merely by realizing “human potential is a state of mind.” “While he was captive, he never gave up his belief in himself or his country,” said Kyle Ray, Vice President, First Bank of Dalton and incoming Leadership Division Chairman. “His passion for the human spirit and surviving the worst possible scenarios is inspiring…and, he certainly put a new perspective on having a ‘bad day’.” Topics also covered were sources of non-interest income (by Dan Harbison, President & CEO, Farmers National Bank, and Instructor, LSU Graduate School of Banking - Bowling Green, KY), surviving the compliance burden (by Pam Perdue, EVP of Regulatory Insight, Continuity, New Haven, CT) and the ever-changing world of financial technology (by Lee Wetherington, Director of Strategic Insight, ProfitStars, Valdosta).

The 37th Annual Leadership Division Convention featured many exciting elements. “With the support and participation of our exhibitors, sponsors and bankers, we’ve been able

to make our conventions even more impactful,” stated Rob Braswell, President & CEO, CBA of Georgia.

“We had an allstar line-up of speakers providing thought-provoking ideas about community banking and, in Col. Hubbard’s case, the human spirit; and, of course, all the fun things our members and their families have come to enjoy over the years.”

“This was the best conference I have attended yet,” stated Jason Rooks, Vice President and Commercial Loan Officer, Flint Community Bank, Albany. “Tons of takeaways…Col. Hubbard was one of the most powerful speakers I have heard in my life.”

The Mini-Trade Show was a beehive of activity with a maximum of 30 exceptional vendors advertising their beneficial and cost-saving products and services. At the conclusion of the trade show, all bankers turned in their booth cards (denoting they’d visited every booth) for a drawing. Casey Smith, LaGrange Banking Company, won the $100 cash prize plus half-off her registration fee for the 2016 Convention.

Immediately after the Trade Show, attendees were able to continue conversations during the Networking Break, and then many vendors drew names and gave out their booth prizes (items included electronics, Beats wireless headphones, 2015 Masters hats, tickets to Atlanta Braves games, a FitBit, iPad Mini, gift cards and more ). The Saturday and Sunday cash prizes were sponsored by CSRA Business Lending, Augusta; and, Randy Griffin was on-hand to award the prizes to Jim Cowart, Durden Banking Company, Twin City, and Jason Rooks, Flint Community Bank, Albany.

The Julian Hester Memorial Golf Tournament took place on Saturday afternoon at The Baytowne Golf Club on Sandestin property. The weather was gorgeous even though a little warm, but everyone had a great time!

The first place team, with a combined

score of 59, was comprised of Ray Muggridge, Bank of Camilla, Bob Larison, Triad Financial Services, and David Knieriem and Dave McOlgan, both with Computer Services, Inc. The second place team, with a combined score of 61, was comprised of Mark Fucci, SHAZAM, Drew Peterson, BASYS Processing, JR Llewellyn, Compensation Advisors, and Danny Adkins, Citizens Bank of Americus.

The Longest Drive was hit

by David Knieriem ; and, the Closest to the Pin was hit

by Cleve Carlile, CumminsAllison.

The annual fundraising 5K and Kids’ one-mile Fun Run were great fun in the early morning winding through the scenic tropical neighborhoods of Baytowne Wharf. The 5K raised an additional $1,800 for CBA’s PAC/PR and the Kids’ Fun Run raised money for Children’s Healthcare. “Participating in the 5K is a healthy and fun way to show support to our fundraising efforts,” stated Kristi Greer, Education & Development Officer, Oconee State Bank, Watkinsville. The male and female winners of the 5K were Harren Bettis, son of Ty Bettis, Bank of Dawson, and Kelli Powell, sister of Kristi Greer with Oconee State Bank, Watkinsville. The male and female winners of the Kids’ Fun Run were Joseph Greene, son of Lindsay Greene with CBA and Claire Holcomb, friend of Sarah Braswell, daughter of Clayton Braswell with ATM Response, Suwanee.

New at this year’s Leadership Division Convention was the “7-Minute Spotlight,” sponsored by ATM Response, where one lucky banker in the audience won ten crisp one-hundred dollar bills. Jim Pack presented to the audience for seven minutes on the company’s services while owner, Clayton Braswell looked on anxiously awaiting to award one thousand dollars to a lucky banker/bank director.

All bankers in the audience during the entire presentation completed an entry form and turned them in to be eligible for the drawing. Trae Dorough, Touchmark National Bank, Alpharetta, was the winner of the cash.

The 2015-2016 Leadership Division Board of Directors, chaired by Kyle Ray, Vice President, First Bank of Dalton, was

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approved at the Leadership Division Convention. “Our Leadership Division has a strong history of setting and exceeding very ambitious goals each year and I am certain that will continue under Kyle’s guidance as Chairman”, stated CBA President & CEO Rob Braswell. ”We are excited to see the great things that can be accomplished in the coming year.”

During the dinner, the Children’s Healthcare Big Bucks Bonanza drawing was held and Melody Halloran, Guardian Bank, Valdosta, was the winner of the $5,000 prize. The winning ticket was sold by Pam Horton of Guardian Bank, Valdosta and she donated her $250 prize back to Children's Healthcare. Chip Davis, Family Bank, Bainbridge, 2014-2015 Children’s Healthcare Fundraising Chairman, presented the Children’s Healthcare totals to the audience during the program. CBA’s Leadership Division (LD) raised over $27,000 for the worthy cause during the 2014-2015 term.

CBA’s Leadership Division names its Representative and Division of the year at every annual convention. For the 2014-2015 term, we are pleased to announce Division 2

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won Division of the Year. Division 2 Chairman Heath Fountain, HeritageBank of the South and Vice Chairman Chip Davis were on-hand to accept the award. Kristi Greer, Oconee State Bank, Watkinsville, won Leadership Division Representative of the Year. CBA President & CEO Rob Braswell said, “Kristi is a bundle of energy who is always looking for ways to help someone. She has a big heart and tackles all Leadership Division initiatives with a tremendous 'can-do' spirit. Kristi is a very deserving winner of the Leadership Division Representative of the Year.”

The audience also heard from the outgoing LD Chairman, Rusty Powell, Highland Commercial Bank, Marietta, and from incoming Chairman, Kyle Ray, First Bank of Dalton.

Thank You to our Sponsors!

Platinum Elite

Platinum

General Sponsors

Silver

Individual Event Sponsors

JB Board Appreciation Dinner Convention Totes

In-Room Gifts & Name Badges

Hotel Key Cards & Board Meeting

Photo Booth

Board Appreciation Reception 7-Minute Spotlight

Saturday Cash Prize, Sunday Cash Prize & Welcome Refreshments

Convention Program & Front Nine Golf Sponsor

Sunday Breaks WiFi Password

Keynote Speaker Sponsor

Saturday Breakfast Buffet Sunday Continental Breakfast

Registration Packet & Saturday Networking Break

Golf Tournament Prizes

Family Entertainment

5K/Fun Run Premier Sponsor

Bottled Water

5K/Fun Run General Sponsors

JB Signs provided by

Thank You to our Exhibitors!

ACG Phil Winn

BASYS Processing Brady Hanna

Dell SecureWorks Jamie Kirkland

ATM Response Clayton Braswell

Computer Services, Inc. David Knieriem

DeNyse Companies Tim Luther

Atris Technology Scott McElhiney

Crescent Mortgage Ashli Matson

Ellie Mae, Inc. Cedric Kalvesmaki

Investment Professionals Inc. (IPI) Steven Ransdell

Auburn University Accounting Online Andee Hodo

CRS Data Kirsten Elkins

Federal Reserve Bank Brenda Simpson

NYMBUS Alexander Lopatine

Triad Financial Services Robert Larison

CSRA Business Lending Randy Griffin

First Data Emily Scott

PULSE Mark Reda

Warren Averett, LLC Marlene McCain

Cummins-Allison Corporation Cleve Carlile

GA Resource Capital, Inc. Tim Souther

Saltmarsh, Cleaveland & Gund Alex Hager

WebEquity Solutions Andrew Ross

BankSmart Jim Wilkson Barret School of Banking Chris Kelley

Harland Clarke Doyle Baker

Intercept Consulting Group Steven Roberts

SHAZAM Mark Fucci TJS Deemer Dana LLP Grayson Dent Travelers Laura Hipp

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CBA Leadership Division Elects 2015-2016 Board of Directors CONGRATULATIONS TO THE NEWLY-ELECTED BOARD OF DIRECTORS Chairman: Kyle Ray – First Bank of Dalton Chair - Elect: Terri Bunten Guthrie – First Landmark Bank, Marietta 1st Vice Chairman: Jason Rooks – Flint Community Bank, Albany 2nd Vice Chairman: Jamie Tallent – United Community Bank, Ellijay Immediate Past Chairman: Rusty Powell – Highland Commercial Bank, Marietta Div. 1 Chair: Greg Ponder – Pineland State Bank, Metter Vice Chair: Steve Kimbrell – South Georgia Bank, Glennville Div. 2 Chair: Chip Davis – Family Bank, Bainbridge Vice Chair: Ty Bettis – Bank of Dawson, Albany Div. 3 Chair: Kevin Massey – Bank of Terrell, Dawson Vice Chair: Danny Adkins – Citizens Bank of Americus Div. 4 Chair: Casey Smith – Calumet Bank , LaGrange Vice Chair: Greg Proffitt – Newton Federal Bank, Covington Div. 5 Chair: Trae Dorough – Touchmark National Bank, Alpharetta Vice Chair: Chris Cochran – Affinity Bank, Atlanta Div. 6 Chair: Powell Griffith – Farmers & Merchants Bank, Eatonton Vice Chair: Jonathan Pope – Exchange Bank, Milledgeville Div. 7 Chair: Paul Black – Vinings Bank, Smyrna Vice Chair: Robbie Stephens – NorthSide Bank, Adairsville Div. 8 Chair: Adam Smith – First National Bank of Coffee County, Douglas Vice Chair: Thomas Bennett – Alma Exchange Bank & Trust Div. 9 Chair: Daniel Lopez – United Community Bank, Jasper Vice Chair: Martha Brown – Independence Bank of Georgia, Braselton Div. 10 Chair: Kristi Greer – Oconee State Bank, Watkinsville Vice Chair: Lee Garrett – Liberty First Bank, Monroe Ex-Officio: Rob Braswell – CBA of Georgia, Atlanta Members at Large: Jim Cowart – Durden Banking Company, Twin City Richy Everly – Bank of Wrightsville Dave Fain – Commercial State Bank, Donalsonville Shannon Fortson – Pinnacle Bank, Elberton Corey Gibbs – Community Banking Company of Fitzgerald Chuck Harwell – Community Bank of Dublin-Laurens County Andy Thomas – The Commercial Bank, Crawford Debra Weil – PlantersFIRST Bank, Fitzgerald Sue Wyatt – BrandBank, Duluth Peake Wilson – CBA of Georgia, Atlanta

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Would you like to know the five identifiable, measurable and repeatable actions that all great leaders use? Would you like to know all the factors, nuances and outcomes to consider when setting the pricing for your loans and deposits? If you answered “yes” to either of these questions, then be sure to join us August 19th at Idle Hour Country Club in Macon for the next Community Bank Leadership Academy!

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CBA of Georgia Endorses CBIZ The Community Bankers Association of Georgia (CBA) is pleased to announce the endorsement of CBIZ Benefits & Insurance Services for employee benefits and insurance.

The Community Bankers Association conducts an extensive duediligence before selecting a company as an Endorsed Member Company (EMC). CBIZ, with local offices in Atlanta, earned the approval of both CBA’s Member Services Committee and the Board of Directors.

CBIZ, Inc. (“CBIZ”) is a Delaware Corporation incorporated in 1987. CBIZ is engaged in providing professional business services, products and solutions that help its clients grow and succeed by better managing their finances and employees. CBIZ delivers toplevel financial and employee business services to organizations of all sizes, as well as individual clients, by providing national-caliber expertise combined with highly personalized service delivered at the local level.

The Atlanta CBIZ office has a staff of 22 employee benefits consultants including specialist in strategic planning, benefit design, financial analysis, and account management, marketing and employee assistance. Additionally, the Atlanta CBIZ office is recognized as a ‘Model-City’ with 70+ employees providing services in all core competencies including: property & casualty insurance; accounting, tax & audit; retirement plan solutions; payroll, COBRA & flex; life insurance; business valuation; and human capital services.

CBIZ B&I is ranked as the No. 1 U.S. benefits consulting specialist and a top 20 insurance broker of U.S. business by Business Insurance magazine. CBIZ is the only business services provider in the U.S. with leading employee benefits, property & casualty, accounting, actuarial, compensation and payroll experts working together to develop integrated health care reform solutions that

will maximize results, minimize costs and ensure compliance.

Todd Gordon, Vice President of Sales at CBIZ commented on the endorsement.

“Our mission is simple: to provide Georgia community banks with CBIZ’s local benefits services, complemented by our national practice strength and expertise. CBIZ utilizes strategic planning, technology, effective communication and proactive services to design a benefits strategy that fits employees’ needs, as well as your bank’s financial goals.”

“We are extremely pleased to announce the endorsement of CBIZ,” stated Rob Braswell, President & CEO of the Community Bankers Association of Georgia. “They have been a CBA Associate Member for three years and we’re excited about partnering with them to offer our member banks an additional option for health insurance. During our due diligence, we spoke with numerous CBIZ clients who found them to be very competitive and provided excellent customer service for their employees.”

About CBIZ CBIZ, Inc. provides professional business services that help clients better manage their finances and employees. CBIZ provides its clients with financial services including accounting, tax, financial advisory, government health care consulting, risk advisory, merger and acquisition advisory, real estate consulting, and valuation services. Employee services include employee benefits consulting, property and casualty insurance, retirement plan consulting, payroll, life insurance, HR consulting, and executive recruitment. Visit www.cbiz.com or for more information, contact Todd Gordon, Vice President of Sales, at 770-858-4801 or todd. gordon@cbiz.com.

2015 GEORGIA COMMUNITY BANK SALARY SURVEY FREE TO PARTICIPATING BANKS!

purchase the survey for $250 and the non-member cost is $350.

Anticipated results from the survey will be available September 1, 2015.

Community Bankers Association of Georgia (CBA) is pleased to partner again this year with associate member Nichols, Cauley & Associates, LLC to offer the 2015 Georgia Community Bank Salary Survey.

The survey is simple and easy to use. Please complete the online survey no later than July 31, 2015. The link is https://www. surveymonkey.com/s/CBASalarySurvey2015.

The Salary Survey is a compilation of current salaries and general benefits for common positions within Georgia's community banks.

The survey can be a vital tool when determining competitive pay and benefits for employee recruitment and retention.

The survey includes 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.

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

For more information, contact Lindsay Greene, CBA, lindsay@ cbaofga.com or 770.541.0376 or Ashleigh Gillis, Nichols, Cauley & Associates, LLC, agillis@nicholscauley.com or 800.823.0117.

S u mme r 2 0 1 5 | Ge o r g i a C o m m u n i t i es Fi r s t | 13

Come On, Get

in

! h a n n a v a S

Join us in Savannah, September 23-27 for CBA’s 47th Annual Meeting & Trade Show!

Travelin’ along, there’s a song that we’re singin’ – come on, get happy! Why HAPPY you ask?

When you think about it, we spend one-third of our life at work. What if we could add a secret ingredient that would increase sales, productivity and accuracy on tasks at your bank or business?

Studies show that happiness can do that and a lot more. Our line-up of speakers, activities and entertainment is sure to leave you singing, doing the happy dance and returning to work with a huge smile!

The Community Bankers Association of Georgia (CBA) invites you, your senior staff and directors to attend the 47th Annual Meeting & Trade Show, September 23rd - 27th at The Westin Savannah Harbor Golf Resort & Spa. This action-packed convention, emcee’d by David Peterson, i7strategies, is sure to offer you the chance to hear phenomenal speakers covering hot topics, enjoy outstanding entertainment and participate in engaging activities for bankers, associate members, families and guests!

In addition to the dynamic speakers you will hear, learn first-hand about the latest products and services at the trade show, and leave the convention armed with loads of valuable information, strengthened relationships, and a refreshed spirit to serve your community.

Come enjoy traditional CBA favorites like the Welcome Reception & Dine-Around, Silent Auction, General Session and Golf Tournament. The Saturday evening Chairman’s Banquet will be an incredible event as well, during which Lifetime Service Awards are presented, we say farewell to the outgoing Chairman, welcome the incoming Chairman, and enjoy the dazzling magic and comedy of Tim Gabrielson.

Keynote Address: "The Hows and Wise of Happiness at Work" Brad Montgomery will teach us how to use happiness to boost productivity, creativity, innovation and sales. He will transform our meeting into a transformational event using the power of happiness.

Oh, and he’s pretty funny. Other speakers TALK about happiness, but Brad will SHOW us how to harness the power of happiness in hands-on experiences that we’ll remember and implement.

Brad has transformed audiences in all 50 states and on four continents. His clients include Microsoft, Verizon, The FBI (yes, that FBI) the CIA (yes, that CIA) and the IRS (where he withheld 30% of his best strategies.)

Momma Told Me There’d Be Days Like This Mark Mayfield Stressed out? Lethargic? Burned out? This program will help you solve those ills by learning five behaviors that will help balance your life and by learning techniques to deal with your biggest stressor…PEOPLE! This keynote is high on content AND hilarity.

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The Westin Savannah Resort Spa Wednesday-Sunday, W ednesdaHarbor y-SundaGolf y, SSeptember ep tembe&r 2 23-27, 3-2 2015 Meet the Entertainers!

Back by popular demand, Corbin Hoats will perform during the Chairman’s Reception on Saturday evening beginning at 6:15 pm. Corbin performs live consistently in the east Alabama/west Georgia region near where he attends school at Southern Union State Junior College. He plans to major in Managerial Science with a minor in Music Business. He has auditioned for American Idol and made it to the Celebrity Judge round.

Immediately following the Chairman’s Banquet, sit back and plan to enjoy breathtaking magic and hilarious comedy performed by Tim Gabrielson as he teaches us how to Keep it Funny! He was such a huge hit at CBA’s Leadership Division Convention in June 2014 that we just had to have him back to entertain YOU! Tim has two primary goals when he steps on stage: 1) Inspire audiences; and, 2) Keep It Funny. In recent years, physicians have confirmed what we already knew...that laughter is good medicine! Science has rivaled common sense in providing findings that laughter is not only good for the soul, but also proven to be good for our health. Whether it’s the release of endorphins or the decrease in stress hormones that provide an overall sense of well-being and improved outlook, the cause isn’t as important as the result: A happier, healthier approach to everyday life!

Featured Speakers Changing Bank Analytics: Stress Testing Applications Essential to Strategic Planning and M&A

Your Competitor Could Be Your Key to Growth

Gabe Krajicek, CEO, BancVue Discover a new way to rethink your competition to help broaden your market and boost growth.

You’ll hear the theory behind this approach to Kamal will prepare banks for the economic what you thought was competition, as well as and regulatory challenges that lay ahead working examples of success. with the increased importance and focus on capital adequacy, earnings, interest rate stress and liquidity.

A Conversation with the Regulators Moderated by Dan Brannan Dan Brannan, Partner, James-Bates-BrannanGroover, will moderate this interactive session, Disruptive Innovations in Banking: A Call to Action with live results from an instant poll, questions for Community Banks from the audience and regulators ready with Virginia Heyburn, Vice President of Insights & answers and coverage of industry hot topics.

Advocacy, Fiserv Kamal Mustafa, Chairman, CEO & Founding Partner, Invictus Consulting Group

Explore the future of banking in a digital world and how banks must prepare to deliver finely-tailored advice and services in near real-time – to transform the mobile channel into a tool for sales.

ICBA Report Jack Hartings, ICBA Chairman, President & CEO, The Peoples Bank Company Learn about the ICBA’s efforts in Washington and the impact these efforts have on the community banking industry.

S u mme r 2 0 1 5 | Ge o r g i a C o m m u n i t i es Fi r s t | 15

Annual Golf Tournament | Friday, September 25, 2015 The Club at Savannah Harbor lies nestled between the banks of the Savannah and Back Rivers of the splendid Georgia Low Country. The serenity of coastal Georgia, with its tidal marshes and abundant wildlife provides the canvas for The Club at Savannah Harbor, created and designed by renowned architect Robert Cupp in conjunction with the legendary “Slammin’ Sammy” Snead. The course design utilizes the Island’s spectacular natural setting to create a premium on shot-making. The Club at Savannah Harbor offers unparalleled views of historic downtown Savannah while it gently winds its way through tidal wetlands. The Club at Savannah Harbor is certain to provide an enjoyable and challenging golfing experience for players of all abilities.

7-Minute Spotlight! Two Chances to Win $1,000!

Must Be Present to Win! Again this year, CBA is pleased to announce two fun, informative and rewarding presentations. At various times during the General Session, Steve Sievert from PULSE and Philip Earnest from First National Bankers Bank (FNBB) will present their 7-minute spotlights.

Learn about these two companies and how they can help your bank grow and prosper. You have 1,000 reasons to attend and pay attention!

Here’s how it works: As part of the sponsorship, PULSE and First National Bankers Bank (FNBB) will both have a 7-minute presentation.

You must be in the General Session for the entire time (no late walk-ins), submit a simple entry form at the end of the presentation, and the drawing for $1,000 will be held immediately after the presentation. The drawing is for bankers and bank directors only who attend the session. Good luck!

Thank You to Our Current Sponsors Silver

Platinum Elite

Bronze

Platinum

Individual Event Sponsors

Golf Tourney Beverage Cart

Thursday Night Bars - Specialty Drink

Friday Promo Materials Saturday Break

Convention Program Saturday Night Entertainment Co-Sponsor 7-Minute Spotlight

Thursday Night Dine-Around Carving Station

#GETHAPPY Twitter Challenge

Photo Booth

Platinum Sponsorship Customized Tote Bags

Friday Breakfast

JB Golf Tournament Prizes

7-Minute Spotlight Water Bottles Welcome Refreshments

Registration Packet WiFi

Chairman's Banquet

Board Appreciation Dinner SBC

Silent Auction Flyer Bronze Sponsor Friday Cash Prize Saturday Cash Prize

Name Badges

Thursday Night Dessert & Coffee

Board Meeting Refreshments

Hotel Key - SBC

2015 Annual Meeting Exhibitors* ATM Response • Bahr Consultants, Inc. • BancVue • BankTrends • Continuity • AmTrust North America Crescent Mortgage Company • Dell SecureWorks • DeNyse Companies • Ellie Mae, Inc. • First Bank Mortgage First Data Fiserv • Genesys Technology Group • Gulf Coast Business Credit • Harland Clarke • Howe Construction, Inc. Intercept Consulting Group • Investment Professionals Inc. (IPI) • LoanSouth Mortgage • MST • NYMBUS Point to Point Environmental • Promontory Interfinancial Network, LLC • PULSE • Sageworks, Inc. Secured Retirement Strategies Group, LLC • TJS Deemer Dana LLP *As of print date 1 6 | w w w .cbaof ga. com |Sum m e r 2 0 1 5

JUDY TURNER, PRESIDENT OF PRIVATE BANK OF DECATUR, CELEBRATES LONGEVITY IN BOTH BANKING AND COMMUNITY SERVICE This spring, Judy Turner, President of Private Bank of Decatur, celebrated her 50th anniversary in banking. Ms. Turner began her career in banking on March 16, 1965, and has spent all of that time in banking in the Atlanta area – more than half of her career in the City of Decatur.

“I’m still in banking because I enjoy the interaction with the customers and the ability to help people and the community,” Turner says. “In fact, I don’t consider it work. It just feels like I’m able to help people accomplish their goals.”

To honor Turner’s 50-year banking milestone, her colleagues are pledging “50-for-50.” That is, donating 50 hours of community service in the Decatur market as a way to mark the occasion and honor Judy’s dedication both to community banking and community involvement.

Ms. Turner started with Citizens & Southern National Bank, becoming one of the first Personal Bankers when C&S started that program, and became an officer of the bank in 1974. A year after C&S became NationsBank (1995), Judy had an opportunity to go to work in the Decatur Office of Bank South. Three years later Bank South was purchased by NationsBank and several community

leaders felt a need for a community bank in Decatur. They looked to Judy to organize and lead Decatur First Bank, where she was President and CEO. In November of 2011, Judy had the opportunity to join Private Bank of Buckhead to organize and open Private Bank of Decatur. Charlie Crawford, President of Private Bank of Buckhead, of which Private Bank of Decatur is a division notes that it is because of Turner that Private Bank of Buckhead chose Decatur as its first market expansion.

She helped found and is President of the Decatur Book Festival (having previously served as Treasurer) and has served as Chair of the Development Authority of DeKalb County, Trustee of the DeKalb History Center, Treasurer of Seniors Helping Seniors and was until recently on the board of the DeKalb Medical Foundation. She has also served on the board of Community Bankers Association of Georgia.

“It is hard to fathom how many people have been positively influenced by Judy over her 50 years in banking,” Crawford says.

“Many things have changed in our industry over that period but one thing hasn’t: Judy’s passion to serve her customers and her community in everything she does. “

LIFETIME SERVICE AWARDS – NOMINATE SOMEONE FROM YOUR BANK! Community Bankers Association of Georgia (CBA) is proud to honor bankers who have marked a significant milestone in the banking industry with the Lifetime Service Awards. CBA pays tribute to bankers who have served 30 or more years in the banking industry at the Annual Meeting & Trade Show or holds a special presentation at the employee’s bank.

All honorees receive an engraved plaque from CBA; and, a press release and photo is shared with their local media. Honorees are featured on the CBA’s website, in the CBA Today eNewsletter, and news of the award is shared with the banker’s local media.

In addition to the plaque, honorees with 50 or more years in the banking industry receive a customized gold and diamond lapel pin.

For 2015 recognition, names should be submitted by the bank’s President and/or CEO and should include detailed information

on the individual’s accomplishments (personal stories and professional accolades are encouraged).

Select Lifetime Service Award applicants will be recognized based on their commitment to the banking industry and service to their customers and community as well as their positive attitude and personality.

If you know a banker who has 30 or more years of banking experience and a proven record in excellent community involvement, please contact Peake Wilson at peake@cbaofga.com or call the CBA office at (770) 541-4490.

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Our Bankers Are Putting the Community in Community Banking.

Thank you!

Share your community involvement news with CBA! Send to lindsay@cbaofga.com.

Connect with CBA

www.icba.org/advocacy/meetings.cfm

S u mme r 2 0 1 5 | Ge o r g i a C o m m u n i t i es Fi r s t | 19

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2 0 |©w ww .cbaof com |Sum m e r 2 0 1 5 © 2015 Time Inc., used under license.

C

ongratulations to the four winners of the 2015 Julian & Jan Hester Memorial Scholarship. Each winner will receive $1,000 to attend a Georgia college, university or technical school of their choice. Over 60 applications were submitted to the Association through CBA member banks.

The scholarship is named for the late Jan Hester, daughter of Lalia and the late Julian Hester, longtime CEO of the CBA. The scholarship program began in 1991 and is based on merit. To compete, students must write a short essay on the characteristics of a community bank, and the continuing benefits they offer to their home communities. In addition to supporting community banking, this scholarship fund is an opportunity to pass on the positive qualities both Julian & Jan Hester exemplified.

“CBA is proud of these students and wish them well as they continue to further their education,” stated Rob Braswell, President

CAROLINE BASCH (l-r) Caroline Basch, with Genevieve Cole, Georgia Heritage Bank Sponsored by

& CEO of CBA. “Each winner demonstrated outstanding scholastic achievement and community service. The quality of applications was extraordinary with students who excelled in academics, athletics, community involvement and more – really an impressive group of high school seniors. Thanks to the generosity of our bankers and associate members, the Education Foundation is fully funded which means the Scholarship Program is completely self-sufficient, giving support to generations of Georgia’s students in the future,” explained Mr. Braswell.

CBA also thanks the panel of judges which included Paul Black, Vinings Bank, Smyrna; Megan Raines, Travelers, Alpharetta; Dr. Don Sabbarese, Kennesaw State University; Kris Stoutamire, Howe Construction, Inc., Roswell; and Kathy Winiarczyk, Community Bank of the South, Smyrna.

SAMANTHA THOMPSON (l-r) Hal Chesser, Vidalia Federal Savings Bank, with Samantha Thompson Sponsored by

Caroline Basch graduated from East Paulding High School in May 2015. She served as secretary of the National Honor Society, and was appointed a member of LEAD (Principal's Leadership Council).

She served as Captain of her high school cross country and swim teams while maintaining a varsity spot on the track team for three years as well. She has been involved in the National Spanish Honor Society and the National English Honor Society. She was elected and served as Vice President in the student government association. Caroline is planning to attend Georgia Tech this fall.

Samantha Thompson graduated from Vidalia High School in May 2015. She served as President of the National Honor Society her senior year and has been on the Leadership team of FCA for three years. She is Vice President of Key Club and a DARE Role Model. She served as class secretary and treasurer for the Student Government Association and has served on the Executive Board since 2013. She placed 6th in the state in a statewide literary competition. She has played three years varsity softball and was on swim team for two years. Ms. Thompson is planning to attend Mercer University in Macon in the fall.

STEPHANE BAIONE

WILLIAM TREY WALKER

(l-r) Stephane Baione, with Greer Ward, United Community Bank Sponsored by

Stephanie Baione graduated from Frederica Academy on St. Simons Island in May 2015. Ms. Baione has served in numerous leadership positions including the school’s Student Advisory Committee, Honor Council Vice President and Honor Council Representative. She was a member of the Frederica Academy Science Team, Math Team and served as Student Council Treasurer for two years. Ms. Baione was involved for four years with the Coastal Youth Symphony of Georgia and served as co-principal for flute and piccolo. She served as Secretary of the Junior Board of Directors of United Community Bank. She is planning to attend Georgia Tech this fall.

(l-r) Trey Walker, with Brad Barber, First National Bank of Decatur County Sponsored by

Trey Walker graduated from Bainbridge High School in May 2015.

He was a member of his school's Marching and Symphonic Band where he served as Section Leader and Band Lieutenant. He is active with the Boy Scouts and has acheived Eagle Scout. Mr. Walker was also named Sons of American Revolution State of Georgia Eagle Scout of the Year, Senior Patrol Leaders, Webmaster and Troop Guide. He is founder and president of the BHS School Science Club. He has also served as Co-Captain of the BHS Match Team. Mr. Walker is planning to attend the University of Georgia in the fall and has been accepted into the Honors Program.

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Sponsored by

&ŝŶĂŶĐŝĂů ƐŽůƵƟŽŶƐ͘ &ŽĐƵƐĞĚ ŽŶ LJŽƵ͘ More than 100 banks in the Southeast, large ĂŶĚ ƐŵĂůů͕ ĚĞƉĞŶĚ ŽŶ ůůŝŽƩ ĂǀŝƐ ĞĐŽƐŝŵŽ ĨŽƌ ƉĞƌƐŽŶĂů ĂƩĞŶƟŽŶ͕ ŝŶĚƵƐƚƌLJ ĞdžƉĞƌŝĞŶĐĞ ĂŶĚ ƐĞƌǀŝĐĞƐ͕ ŝŶĐůƵĚŝŶŐ ĞdžƚĞƌŶĂů ĂŶĚ ŝŶƚĞƌŶĂů ĂƵĚŝƚ͕ ^ ƌĞƉŽƌƟŶŐ͕ ƚĂdžĂƟŽŶ ĂŶĚ ĐŽŵƉůŝĂŶĐĞ͘ KƵƌ ĮŶĂŶĐŝĂů ƐĞƌǀŝĐĞƐ ƉƌĂĐƟĐĞ ŝƐ ϵϬ ƉƌŽĨĞƐƐŝŽŶĂůƐ ƐƚƌŽŶŐ͕ ǁŝƚŚ Ă ϲϬͲLJĞĂƌ ƌĞƉƵƚĂƟŽŶ ĨŽƌ ŚĞůƉŝŶŐ ďĂŶŬƐ ŽƉĞƌĂƚĞ ƐƚƌŽŶŐĞƌ͕ ǁŝƐĞƌ͕ ďĞƩĞƌ͘

(l-r) William Jones, with Doug Nichols, Peoples Bank and Trust

Congratulations

Discover how our 360° service can ďĞ ĂŶ ĂƐƐĞƚ ƚŽ LJŽƵƌ ďƵƐŝŶĞƐƐ͘

to William Jones, recipient of the 2015 J. Steven Walraven Memorial Scholarship. The scholarship is named for the late J. Steven Walraven, a former community bank president who dedicated much of his life to his community and community banking. His wife Rebecca and their sons Joseph and Oakley have developed the scholarship in his memory.

An accounting major at the University of North Georgia, William, was sponsored by Peoples Bank and Trust in Buford. The $500 scholarship is awarded to a Georgia community bank employee attending a college or university within the state of Georgia. The goals of the scholarship are to assist those employees interested in furthering their education and to enhance their career in community banking.

William works in the Compliance Department at Peoples Bank and Trust. He volunteers with various organizations including Under the Bridge Ministries, Blackshear Place Baptist Church, Triple T Farm and the Kiwanis Club.

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Jason Caskey, CPA &ŝŶĂŶĐŝĂů ^ĞƌǀŝĐĞƐ WƌĂĐƟĐĞ >ĞĂĚĞƌ

Alabama

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South Carolina

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S u mme r 2 0 1 5 | Ge o r g i a C o m m u n i t i es Fi r s t | 23

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UPCOMING

CPE/CL E Credits Availab le

EDUCATION PROGRAMS AND CORPORATE EVENTS

E D U C A T I O N P R O G R A M S JULY 2015 Complying with the New Integrated Mortgage Disclosures (Five Locations) July 14, Macon | July 15, Albany | July 16, Atlanta | July 21, Duluth | July 22, Macon July 16

Workplace Law & Compliance Program: Workshop II, Atlanta

July 23

Home Mortgage Disclosure Act (HMDA), Macon

July 23

Workplace Law & Compliance Program: Workshop II, Macon

July 28

Commercial Real Estate (CRE) Appraisals: Reviewing & Interpreting, Atlanta

AUGUST 2015 August 5

6th Annual CBA Georgia Bank Directors' College, Greensboro

August 3-7

Consumer Lending School, Atlanta (4 1/2 days)

August 10-12 August 11-12

15th Biannual BSA OďŹƒcer School, Atlanta Inaugural CFO Conference, Atlanta (1 1/2 days)

August 13

Turning Bad Debt Into Meaningful Recovery, Atlanta (1/2 day)

August 18-19

Training the Credit Analysis, Atlanta

C O R P O R A T E E V E N T S AUGUST 2015 August 6

3rd Quarter Banker Regulatory Forum, Atlanta

August 19

3rd Quarter Session: Community Bank Leadership Academy, Macon

September 23-27

47th Annual Meeting & Trade Show, Savannah

SEPTEMBER 2015 To learn more about these programs and to obtain information regarding CBA webinars and online training, please visit www.cbaofga.com. For assistance with Education Programs, contact Jodi Swilley at jodi@cbaofga.com. For assistance with Corporate Events, contact Peake Wilson at peake@cbaofga.com.

THANK YOU TO OUR SPONSOR!

Inaugural 2015 Georgia Community Bank Forum TUESDAY, DECEMBER 8, 2015 HYATT ATLANTA PERIMETER AT VILLA CHRISTINA, ATLANTA, GA

FEATURED SPEAKERS Samuel Cox, CFO, Citizens Trust Bank, Atlanta, Sheila Ray, CFO, State Bank & Trust, Atlanta, Scott Wilson, CFO, Pinnacle Bank, Elberton, Gregory Miller, Chief Economist, SunTrust Bank, Atlanta, Lee Burrows, CEO, Bank Street Partners, Atlanta, Kathryn L. Knudson, Partner, Bryan Cave, LLP, Atlanta, Mark C. Kanaly, Partner, Alston & Bird, LLP , Atlanta, Brennan Ryan, Partner, Nelson Mullins Riley & Scarborough, LLP, Atlanta, Garry A. Rank, Shareholder, Elliott Davis Decosimo, Greenville, SC and Richard Cook, Director, Elliott Davis Decosimo, Charlotte, NC. S u mme r 2 0 1 5 | Ge o r g i a C o m m u n i t i es Fi r s t | 25

3rd Quarter 2015 CBA Webinars Affordable, Professional Training, When and Where You Choose!

T

he CBA is committed to superior webinar customer service and has been a leader in webinar training for over a decade.

The CBA webinars are designed for most positions in a community bank from the teller line to the board room. The speakers are industry experts with long-term, real-life, hands-on experience.

Benefits of participating in a CBA webinar are:

• Continuing Professional Education Credits, • Take-Away-Toolkit (consists of an employee training log and a Quiz to measure staff learning), • Webinar series for Bank Directors, Compliance Professionals, Risk Managers, Leaders, and • Much more!

• Easy to Use, Time effective, Cost effective, Convenient, Interactive, • Current Topics delivered by experienced speakers, • Three Registration Options,

Register today for a webinar training option that best meets your training needs! For the most current listing of webinars, visit www.cbaofga.com.

JULY 2015 7/7 7/8 7/9 7/14 7/15 7/16 7/21 7/22 7/23 7/28 7/29 7/30

Regulatory Oversight of Third-Party Vendors: Due Diligence, Management & Contracts CPE/CLE Credits Mandatory Compliance Regulations for the Frontline Available Managing E-SIGN, E-Statements & E-Disclosures ER Understanding the Board’s Role in Cyber Security Risk REGIST !

A TOD Y Mastering the SBA 7a Loan Part 2: Documentation, Closing & Funding Commercial Appraisal Review Part 2: Sales Comparison Approach Your Customer Has Filed Bankruptcy, Now What?

Regulation E Made Easy Developing Your UDAAP Program: Policy, Procedures, Risk Assessment & Audit Construction to Permanent Lending Compliance with CFPB Rules: Issues & Update; Includes New Disclosures Call Reports: Lending Schedules RC-C, RC-N & RI-B ACH: Does Your Originator Agreement Meet NACHA Rule Requirements?

AUGUST 2015 8/4 8/5 8/6 8/11 8/12 8/13 8/18 8/19 8/20 8/25 8/26 8/27

Fair Lending Comparative File Review Cross Selling & Referral Opportunities for the Frontline Business Account Signature Cards & Resolutions: Entities, Authority & Documentation Garnishments, Subpoenas, Summonses, Levies: Handling Official Demands for Customer Funds Advanced Commercial Loan Documentation CFPB Income Verification Rules for Self-Employed Borrowers: Tax Implications for Qualified Mortgages Website & Social Media Compliance USPAP Issues and Best Practices for Residential Appraisal Reviewers: Avoiding Violations How to Redesign Your BSA Program to Impact Your Bottom Line Debt Service Coverage Calculations in Underwriting Mastering the SBA 7a Loan Part 3: Servicing, Liquidation & Guaranty Purchase Facebook: Update on System, Strategies, Techniques & Tips

SEPTEMBER 2015 9/2 9/3 9/9 9/10 9/11 9/15 9/16 9/17 9/22 9/23 9/24 9/29 9/30

Strategic Planning Years 1, 3 & 5: Scope, Techniques & Elements in Drafting Your Written Plan ACH: Defining & Identifying Third-Party Senders: Risk, Liability & Audit Requirements UDAAP for the Board & Senior Management Call Reports: Understanding the New Regulatory Capital Requirements & the Revised Schedule RC-R Mortgage Advertising: Keeping your Promotions Compliant Managing the 8 Categories of Risk Assessment Loan Underwriting Basics: Interviewing, Credit Reports, Debt Ratios & Regulation B Imaged Documents: What to Keep, What to Destroy, What Holds up in Court?

Auditing IRAs Step-by-Step Basic Banking for New Employees Part 1: Banking System, Deposit Operations, Lending Regulator Guidance & Issues in ATM Security HR Danger Zones: Regulations, Requirements & Best Practices to Keep You Out of Trouble Mandatory Compliance Regulations for Deposit Operations

To learn what is covered in the webinar and to register, visit www.cbaofga.com or contact Jodi Swilley at Jodi@cbaofga.com or 770-541-4492.

Note: Dates/Topics subject to change.

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DON'T MISS THE REMAINING

2015 CBA UNIVERSITY SCHOOLS The CBA University provides a variety of schools led by local and national industry experts designed specifically for community bankers. Please make plans now to attend the school that best meets your training needs. To learn more, visit www.cbaofga.com or contact Jodi Swilley at Jodi@cbaofga.com or 770-541-4492.

CONSUMER LENDING SCHOOL CPE/CLE Credits Available

4½ Days

MONDAY - FRIDAY AUGUST 3 7, 2015

JULIAN HESTER TRAINING CENTER CBA HEADQUARTERS, ATLANTA

The CBA Consumer Lending School is a comprehensive, week-long study of consumer lending. The faculty will take the student through the process of consumer lending to develop and advance the skills necessary to administer quality consumer loans.

Consumer lenders with at least one year of lending-related experience as well as lending support staff will benefit from attending the only Consumer Lending School in Georgia designed specifically for community bankers.

Please make plans today to attend this 4 ½ day school and come learn from industry experts while networking with other community bankers. To learn more and to register, visit www.cbaofga.com or contact the CBA Education Department at 770-541-4492.

Dates/locations are subject to change.

For most current information, visit the CBA website at www.cbaofga.com or contact the CBA University Education Department at education@cbaofga.com.

6th A Annual

CBA Georgia Bank Directors’ College Wednesday, W edne esday, A August ugus st 5,, 2 2015 015

The Ritz-Carlton Lodge, Reynolds Plantation, Greensboro

The CBA and the Atlanta Regional Office of the Federal Deposit Insurance Corporation (FDIC) invites you to the 6th Annual CBA Georgia Bank Directors' College.

Bank Director training continues to be critically important for community banks. Our industry, while quite strong, continues to face challenges and opportunities. One of the keys to successfully meeting these challenges and opportunities is to have bank management and the directors fully-informed of the issues, responsibilities, rules, and regulations. For over a decade, the CBA has been a leader in offering timely and informative bank director training designed for inside and outside bank directors to have an opportunity to fulfill their required continuing education.

The CBA is very appreciative of the support provided by Mike Dean, FDIC Atlanta Regional Director, and Frank Gray, FDIC Atlanta Assistant Regional Director, for their assistance in the development of this program. In addition to the partnership with the FDIC, the CBA is also partnering with Mark Kanaly, Partner and Chair of the Banking Practice, Alston & Bird LLP, Atlanta.

Please make plans today to attend this one-day program designed specifically for Georgia community bank directors. To register, visit www.cbaofga.com or contact any CBA Team member at 770-541-4490. Due to the high demand for hotel rooms, we encourage you to make your hotel reservation as soon as possible by calling the Ritz-Carlton Lodge at (706) 467-0600. We look forward to seeing you on Wednesday, August 5th at the beautiful Ritz-Carlton Lodge at Reynolds Plantation.

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15TH BIANNUAL

Bank Secrecy Act Officer School 3 Days

Monday - Wednesday • August 10-12, 2015 Julian Hester Training Center | CBA Headquarters, Atlanta

One major requirement of the Bank Secrecy Act is to designate a BSA Officer and to ensure the BSA Officer is well trained and qualified to carry out the duties of this critical position. One way to achieve appropriate training for the BSA Officer and others with BSA responsibilities is to attend the CBA BSA Officer School. This interactive training school focuses on the basic framework, knowledge and resources needed to effectively and proactively manage the BSA/AML function. Newly-appointed BSA Officers and those needing a refresher will benefit from this three-day school. To learn more and to register, visit www.cbaofga.com or contact the CBA Education Department at 770-541-4492.

CBA AND TROUTMAN SANDERS present

INAUGURAL CFO CONFERENCE TROUTMAN SANDERS LLP LAW OFFICE, ATLANTA TUESDAY-WEDNESDAY, AUGUST 11-12, 2015

CPE/CLE Credits Availab le

1½ Days

The CBA is pleased to partner with Troutman Sanders LLP law firm to offer the Inaugural CFO Conference designed specifically for Georgia CFOs and bank executives involved in financial management.

This new 1 ½ day conference provides an opportunity for participants to hear industry experts discuss financial management hot topics and the format provides an excellent networking forum to share ideas with one another. To learn more and to register, visit www.cbaofga.com or contact the CBA. FEATURED SPEAKERS Ed Cooney, President, Affinity Bank, Atlanta; James Stevens, Partner, Troutman Sanders, LLP, Atlanta; Lindsey Piegza, Chief Economist, Sterne Agee, Atlanta; Ryan Barrow, Audit Manager, Porter Keadle Moore, LLP, Atlanta; Ron Mitchell, Partner, Mauldin & Jenkins, LLC, Albany; Jim Reber, President, ICBA Securities, Memphis; Tim Veal, Partner, Nichols Cauley & Associates, LLC, Dublin; Kevin O'Keefe, Principal, Investment Banking, Sandler O'Neill + Partners, LP, Atlanta; David Ghegan, Partner, Troutman Sanders, Atlanta

8TH ANNUAL ADVANCED BSA OFFICER SCHOOL

3½ Days

TUESDAY-FRIDAY, OCTOBER 6-9, 2015 • THE KING & PRINCE BEACH & GOLF RESORT, ST. SIMONS ISLAND For over a decade, the CBA has been a leader in Bank Secrecy Act (BSA) training for community bankers. The CBA is pleased to announce the 8th Annual Advanced BSA Officer School being held once again at the King & Prince Beach & Golf Resort in St. Simons. This 3 ½ day school is designed to provide the experienced BSA Officer with the latest BSA information and best practices to help minimize your BSA risk and to ensure your BSA Compliance Program is the best it can be.

Participants will not only have an opportunity to hear from local and national industry experts, they will also participate in group exercises while networking with each other. The agenda will be available soon. Until then, please SAVE THE DATES and make plans NOW to attend the only Advanced BSA School in Georgia designed specifically for community bankers.

The CBA has held a limited number of hotel rooms at the King & Prince Beach & Golf Resort. The deadline to receive the CBA discounted hotel rate is Saturday, September 5, 2015 or until the room block is full. To make a hotel reservation, please contact the resort directly at 800-342-0212. Be sure to mention you are attending the CBA Advanced BSA Officer School 2 8 | w w w .cbaof ga. com |Sum m e r 2 0 1 5

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www.servisfirstbank.com | Member FDIC | Equal Housing Lender S u mme r 2 0 1 5 | Ge o r g i a C o m m u n i t i es Fi r s t | 29

Vendor Management Compliance:

3 Tips to Get Ahead of the Curve Compliance and vendor management have become increasingly intertwined as banks are held accountable for their own actions – and those of vendors that provide services on their behalf.

With more activities outsourced to third parties and examiners scrutinizing vendor management programs heavily, the stakes are higher and it feels as though “know your vendor’s vendor’s vendor” is the phrase that rules the day.

Like most compliance mandates, interpretation varies. Is every type of vendor subject to the same regulations? Does it make sense to have a one-size-fits-all vendor management program?

What are the cost implications?

Here are three tips to help your bank’s vendor management program identify risks ahead of time and protect against costly regulatory enforcement actions and civil monetary penalties: Tip #1 – Get the right information to the right people at the right time It’s no longer wise to have everything handled in just one department. Beyond IT and information security, today’s compliance requirements impact a myriad of activities from mortgage servicing to marketing. Those personnel in your bank who know the vendor and deal with its products or services daily are best equipped to evaluate the risks that vendor poses to your bank. Organize vendors by the activities they perform, and then identify how different regulations affect that vendor and its activities.

Lori Peterson Director of Regulatory Infrastructure Continuity, A CBA Endorsed Member Company specific management official within your bank. Ensure that your initial consideration of vendors, due diligence processes, ongoing vendor risk assessments and contract compliance reviews follow a consistent structure, schedule and format so nothing falls through the cracks.

Tip #3 – Apply reasonable judgment to different vendors Factors that influence a vendor’s risk profile include the degree of impact to bank operations (is the vendor “mission critical” or easily replaced?) and proximity to sensitive data. With a holistic, consistent approach to vendor management, your bank will understand which vendors and activities need the most oversight and enforcement. Thoroughly evaluate vendor capabilities and performance throughout the relationship. Initial and ongoing due diligence are key to ensuring proper oversight.

Vendor compliance will become more complex as banks rely more heavily on third-party service providers. Having the processes and tools in place so you can easily assess and mitigate vendor compliance risks will be critical!

Lori Peterson, CRCM is director of regulatory infrastructure at Continuity (www.continuity.net), a CBA Endorsed Member Company. She can be reached at 866-631-5556 or lpeterson@ continuity.net.

Tip #2 – Standardize vendor management processes Once you understand the specific impact that different regulations have on each vendor, create a formalized process for risk assessment, vendor training and risk management. Assign oversight of each vendor relationship and each contract to a

Sponsored by

MAKE PLANS NOW TO ATTEND A BANKER REGULATORY FORUM!

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THURSDAY, AUGUST 6, 2015 IDLE HOUR COUNTRY CLUB MACON THURSDAY, NOVEMBER 5, 2015 JHTC, CBA HEADQUARTERS ATLATNTA

Fraudulent Funds Transfer: Tracey Santor CPCU, AFSB, AIC, bond product manager Travelers, A CBA Endorsed Member Company Fraudulent Funds Transfer—What You Need to Know Q&A with Tracey Santor, CPCU, AFSB, AIC, bond product manager, financial institutions, Travelers Bond & Specialty Insurance Q: What do you see as one of the biggest risks facing Community Banks right now?

A: On-line criminals fraudulently instructing financial institutions to send money to their accounts is a big concern. The act of wiring money from a bank account or line of credit to pay bills is easy and convenient, so more people are doing it. In fact, the primary clearing house for large banking transactions, Clearing House Interbank Payments System, or “CHIPS” reports that it moves approximately $1.5 trillion per day on its wireless network. The majority of these transactions take place without a problem but criminals have focused on hacking this method of transferring money to line their own pockets. With this in mind, funds transfer fraud and computer fraud are threats that every organization must consider.

Q: What are fraudulent funds transfers?

A: When someone poses as a customer to take control of an account or line of credit to engage in unauthorized transactions.

Q: Can you provide an example?

A: Your institution’s website receives what appears to be legitimate input from a business customer linking its payment account to an outside account at another institution. The username and password are valid and your other security procedures have been satisfied. Through your website, your institution then receives instructions to transfer funds from the customer’s account to that outside account. Your institution complies. One week later, you are contacted by law enforcement and told that your customer was the victim of a scheme perpetrated by cyber-criminals; and fielding calls from the customer questioning your safeguards.

What You Need to Know accounts, and may reduce fraud risk. These include: SSC/Payment Factory setups, Dual Custody practices, and ACH Positive Pay. Also, consider verification procedures that are independent and spread through the different departments of the financial institution and encourage your customers to do the same. Financial institutions should have discussions with their customers about purchasing commercial crime coverage which would protect the customer under the Fraudulent Funds Transfer insuring agreement. Finally, institute Multi-Factor / Multi-Channel Payment Authentication whereby the bank practices using: • Callbacks: prior verification of payment instructions to a predetermined telephone number • Passwords & SMS ID Codes • Out of band verification • Other industry-accepted verification procedures Additionally, banks should speak with an independent agent, who can recommend the right insurance solutions to help protect against such risks.

Q: What about the cost to my organization?

A: Cost concerns are important, but the cost to your business should this happen can be further reaching and include long-term damage to your reputation. Some security procedures may have a cost associated with them but things like employee and customer education are practically free and can save financial institutions and/or their customers from being victims.

Q: Where can I learn more?

A: In addition to insurance coverage that can help offset the impact of computer fraud risks, Travelers offers numerous educational resources, such as insightful loss-control articles and tips. Visit www.travlers.com to learn more.

Q: Where does this leave my bank?

A: Your institution’s security has not been directly attacked, but your customer’s security was somehow lacking the ability to prevent an intrusion. Now, you’re facing potential legal, regulatory, and maybe even reputational issues.

Q: What practices can my bank institute to help fight security breaches?

A: For instances like the one mentioned above, customer and employee education are key. Educate customers and employees on procedures that enable consistent oversight of payments and

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Benefit Strategies To Retain Your Key Employees Think about the people in your organization that do the most to drive shareholder value. Now think about the consequences of one or more of those people walking out the door, or even worse going down the street to compete against you. What would that cost the bank in revenue and replacement costs? It can be a painful situation. Not only do banks compete with each other for these top performers, they compete with other industries as enhanced regulation has added to an already full plate for bank executives and directors.

What can you do to prevent your best people from leaving?

The answer usually entails a combination of monetary and nonmonetary approaches. One monetary solution that banks employ is the use of Non-Qualified Deferred Compensation (NQDC).

NQDC simply refers to a contractual promise to pay compensation at a future date. Agreeing to pay the compensation at a future date allows the bank to apply vesting contingencies that serve as a deterrent to the employee leaving, or what is commonly referred to as "golden handcuffs".

While many times NQDC is in the form of a Supplemental Executive Retirement Plan (SERP), accumulation and payout periods can be shorter term and used strategically to fit specific needs. In fact the bank has a great amount of flexibility to customize individual

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Brian Miller Managing Principal Banc Consulting Partners, A CBA Endorsed Member Company contracts and choose who to include in the program, outside of ERISA testing and regulation.

While NQDC is a great retention mechanism, it can also serve several additional purposes: •

• • • •

It further aligns employee and shareholder interests because of the long term nature of the plans and the ability to tie plan contributions to employee and bank performance Recruiting and succession planning tool Alternative to equity as part of a balanced compensation approach Change in control protection for the participant Tax deferral for the participant

Our experience shows us that high performing banks typically have higher compensation expenses relative to their peers. They pay their people well but they pay them with creative and well thought out strategies. This doesn’t mean that NQDC has to be a costly endeavor. NQDC can many times be revenue neutral through the use of Bank Owned Life Insurance (BOLI). BOLI accrues tax preferred earnings and has historically outperformed other bank eligible securities by 100 to 300 bps. The regulators allow the use of these policies to informally fund the liabilities that are created by NQDC. In addition, the policies provide death benefit protection for the employee as well as the bank, which helps recover the cost of a key employee passing away unexpectedly.

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Each of the Endorsed Member Companies below has earned the seal of approval from the CBA Member Services Committee and CBA's Board of Directors. Most oer special pricing to CBA members. Explore the revenueenhancement opportunities with these vendors and improve your bottom line!

ACG | Refurbished ATMs/Currency Counting Phil Winn | phil@acg.us.com | (770) 442-9800

FIS | Free ATM Network | Credit/Debit Card Program Jamie Moreland | jamiemoreland@fisglobal.com | (888) 323-0310

ATM Response | ATM Service & Cash Logistics James Pack | jpack@atmresponse.com | (770) 744-1795

Harland Clarke | Check Program Ryan Busenitz | ryan.busenitz@harlandclarke.com | (787) 923-3402

Bahr Consultants, Inc.| Insurance Review Hank Bahr |hank@bahrconsultantsinc.com | (865) 694-6098

ICBA Securities | Investment Services Jim Reber | jreber@icbasecurities.com | (901) 762-5884

Banc Consulting Partners | Executive Benefits/W Brian Miller | bmiller@yourbankpartner.com | (770) 485-8559

Investment Professionals, Inc. (IPI) | In-Bank Retail Investment Services Steven Ransdell| steven.ransdell@invpro.com| (501) 410-4445

BankersEdge | Online /DVD Training Program Nora Ebersbach | nebersbach@bankersedge.com | (314) 542-6493

PULSE | Debit Network Program Mark Reda|markreda@pulsenetwork.com | (813) 854-2210

BankSmart | Bank Operations/Vendor Management Jim Wilkson | jwilkson@banksmartusa.com | (813) 774-8000

Sageworks | Cash Flow Analysis Billy Burnet| billy.burnet@sageworks.com (919) 851-7474 ext. 619

Bank Trends | Peer Analysis Michael Stinson| michael@bank-trends.com| (877) 717-6743

SHAZAM | Debit Card/EFT Processing Mark Fucci | mfucci@shazam.net | (866) 644-9314

BASYS Processing | Merchant Services Processing Brady Hanna | bhanna@basyspro.com | (913) 660-6777

SNL Financial | Financial Data Julie Jones| jjones@snl.com | (434) 951-4419

CBIZ Benefits & Insurance Services, Inc.| Employee Benefits & Business Insurance Todd Gordon| todd.gordon@cbiz.com |(770)-858-4801

Southwest Financial Services, Ltd. | Flood Determination Insurance Program & Residential Appraisal Management Stephanie Bennett | stephanie.bennett@sfsltd.com | (513) 621-6699

Computer Services, Inc. | Secure-Connect for Directors/Employees John Grimes| John.grimes@csiweb.com | (888) 494-8449 ext. 17223

Staples | OďŹƒce Supply Program Janet Clark | janet.cook@staples.com | (404) 664-4543

Continuity Control | Compliance Management System Marnie Keller | mkeller@continuity.net | (866) 631-5556 ext. 309

Travelers | Insurance/D & O/ Bond Program Diana Baker | dcbaker@travelers.com | (678) 317-7882

Crescent Mortgage | Secondary Market Mortgage Services Ashli Matson | amatson@crescentmortgage.net | (770) 714-5417

Triad Financial Services, Inc. | Consumer Loan Program Keith Stayer | kstayer@triadfs.com | (800) 522-2013

Dell SecureWorks| Managed Internet Security Program Jamie Kirkland | jamie_kirkland@dell.com | (404) 486-4481

UPS | Overnight Delivery Program Monica Sterk | msterk@ups.com | (800) 531-7917

The Eversole Group, LLC | Marketing Program Craig Eversole | craig@theeversolegroup.com | (601) 977-5225

William Mills Agency | Public Relations & Marketing William Mills | william@williammills.com/(678) 781-7200

Executive Insurance Agency, Inc. | VSI Program Promontory Interfinancial Network, LLC Randy Sower | info@executiveinsuranceagency.com | (770) 474-2355 Bank Assetpoint/Insured Cash Sweep (ICS) Danny Capitel|dcapitel@promnetwork.com | (770) 630-6796 *Cooperative Marketing Alliance First Data | Internet Banking & Mobile Banking Rodrigo Cazares | rodrigo.cazares@firstdata.com | (512) 627-5343

Give us a call at (770) 541-4490 or (800) 648-8215 or visit CBA online at www.cbaofga.com.

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