Making connections
National Community Bankers Council Meets in Savannah
Past GBA Chairman Rick Drews, Century Bank of Georgia, and Philip Williams, The Claxton Bank, represented their Georgia peers this week at the ABA Community Bankers Council meeting in Savannah. CEOs from every state serve on the council to help identify key trends and challenges, and to develop policy priorities and other solutions to help community banks thrive. A significant portion of the meeting this week focused on technology, including a real-time-payments update, a presentation about APIs and a session about how to build an innovation strategy "And something that I think will be of real importance to all community bankers, our Core Platform sub-committee gave an overview and had a town-hall meeting on its critically important work, including transparency in contracts, including de-conversion fees, coterminous contracts, limitation of liability, SLAs, early termination fees and exclusivity provisions, as well as bringing fast paced innovation and the ability to access it quicker. The committee will be meeting with the major cores later this summer," Drews said. There were also regulatory and legislative issues briefings, peer sharing sessions and discussions about increasing diversity and inclusion. The council meets twice each year. With questions and to find out how to share your input, contact Drews or Williams.
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