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State of the CBA Georgia
John McNair
President & CEO Community Bankers Association of Georgia
CBA has received its completed audit report and I am pleased to report to the membership that your association is in a strong financial position to take on future challenges and opportunities. Below, please find a few highlights:
RESERVES BOLSTERED: Due to the sale of CBA’s real estate asset and positive operating results, CBA was able to add nearly $1 million dollars to reserves last year. CBA’s Board and management team will be looking at opportunities to deploy capital in programs and services that enhance the overall member value proposition.
BOLD, MEMBER-DRIVEN INITIATIVES LAUNCHED:
At the direction of CBA’s leadership bankers, several new initiatives were launched in 2020. CBA’s Wellness Solutions represents the next iteration of association group health insurance programs and will significantly improve options available for members and their employees. Additionally, CBA has pioneered several new member-driven educational programs focusing on Executive Leadership development and Human Resources Professionals featuring new content, speakers, and cutting-edge learning environments.
ADVOCACY IS JOB #1: CBA was started over 50 years ago to give community banks their own unique voice on policy issues separate from other financial services providers and organizations. CBA’s recent strategic plan identified advocacy as the association’s top priority; therefore, CBA has begun the process of investing greater resources in this area. Due to the generous support of CBA members, the association’s PAC fund is growing and with the addition of Mr. Tyler Eck, CBA will become much more active on both a state and federal level. GROWING MEMBERSHIP: Along with four new bank start-ups in 2020, CBA had several other Georgia based community banks join the association. Additionally, several community banks from surrounding states that do not have a community bank-only association joined CBA in 2020 as well. CBA is open to all community banks that identify with the core principles and values of the community banking industry.
Your CBA Executive Committee, Board of Directors, LEAD Division, committee members and staff have worked hard the past few years to transform the association into a financially strong and member centric organization. Much has been achieved; however, now is not the time to rest on our laurels- new challenges and opportunities await! We stand ready to serve and remember - THINK CBA FIRST!
