Tennessee Bankers

This Week Newsletter

August 22, 2016 - Issue No. 1634

Register for TBA's Inaugural Women in Banking Conference

According to a 2013 U.S. Equal Employment Opportunity Commission report, women make up 57.6 percent of all employees in the commercial banking industry. Despite that majority, 48.4 percent are first/mid-level officials and managers and only 30.9 percent hold executive/senior level positions.

As gender demographics shift to even more women working in financial institutions, the Tennessee Bankers Association will host its inaugural Women in Banking Conference. The event, scheduled for September 8 at TBA's Barrett Training Center in Nashville, will bring together Tennessee's many successful female bankers for professional development and networking. Click here to learn more and register. The early registration deadline has been extended to Monday, August 29. 

Young Bankers Leadership Luncheons Registration Now Available

This fall, the Young Bankers Division will host seven Leadership Luncheons around the state. Each luncheon features an opportunity for networking with regional banking peers, an update, and overview on the initiatives of the TBA and Young Bankers Division, and a guest presenter from the General Assembly provides a legislative update on issues of importance to the local community in 2017. Luncheons are scheduled September 27-30 and October 3-5 in Cookeville, Nashville, Knoxville, Kingsport, Chattanooga, Jackson and Memphis. Registration is now available.

GAO Report: CFPB Small-Biz Panels Have Few Satisfied Participants

More than two-thirds of small business entities that participated in the CFPB's Small Business Regulatory Enforcement Fairness Act panels said they feel the process is rushed, according to a report released on Aug. 11 by the Government Accountability Office.

The Dodd-Frank Act requires the bureau to convene small business review panels for rulemaking efforts that are expected to affect a substantial number of small entities. Once convened, the panel has 60 days to solicit input from small entities on a draft proposal and report its findings. The GAO report surveyed 57 of the 69 small-entity representatives from the four panels CFPB has held on its mortgage lending rules.

In general, small entity representatives reported not having sufficient time to prepare responses to the bureau's requests for information or to reach out to other businesses in order to understand the full effects of the proposed rules under review. In addition, many said they struggled to find enough time to manage their day-to-day duties at their companies while preparing for the SBREFA panels.

While a majority of representatives agreed that on the whole, they felt like their views were at least partially considered in the rulemaking process, just 12 percent of those surveyed said they were satisfied with the CFPB's final rules. Many cited increased compliance costs as the key reason for their dissatisfaction. Read the GAO report.

Annual CRA Partners Conference in Nashville

Don't miss this year's Doing Well By Doing Good CRA Compliance Bankers Conference scheduled for October 6-7, 2016 at the Gaylord Opryland Hotel in Nashville, TN., presented by TBA endorsed partner CRA Partners, powered by the Senior Housing Crime Prevention Foundation.

During this event, current bank partners network with prospective partners to discuss strategies for earning guaranteed CRA credit while transforming and protecting the lives of nursing home residents through the Senior Crimestoppers program. For more information and to sign up for the conference click here.

Welcome New Associate Member

TBA welcomes new Associate Member Verafin in the category of Software/Computers. Please thank this company for their support of the Tennessee banking industry through membership and learn more about all of TBA's associate members in our online directory.

Branch Management Series Session 3 Scheduled on August 31

The Branch Management Series third session is scheduled for August 31 in Nashville's TBA Barrett Training Center.  Session 3 focuses on " Leading, Developing, and Engaging the Team ."  Managers learn proven ways to get team members engaged and to challenge teams to exceptional performance. An engaged employee is one who is fully involved in and enthusiastic about their work, and, therefore, will act in a way that furthers their bank's interests. To register, click here.

Retail Banking Officer Forum

In its third year, the Retail Banking Officer Forums affords a platform for retail banking officers to exchange ideas freely, examine pressing issues in today's ever-evolving regulatory, cost-conscious, and productivity-driven environment. Discussion topics include:

  • Current Tennessee retail banking challenges—from operations to regulations and e-banking
  • Building a retail banking branch and culture
  • Current challenges with growing the retail branch

The first session begins September 1. You don't want to miss this opportunity. To register, contact Debbie Brickles.

TBA On the Road

  • TBA travels with Chairman Majors to East Tennessee for the final two stops of 2016 membership meetings in Kingsport and Knoxville.

See where TBA goes while "on the road" by following  @TNBankers.