An overwhelming bipartisan majority of in the United States House of Representatives passed the SAFE Banking Act last week which aims to resolve some of the differences between state and federal law with regard to recreational and medicinal use of cannabis in the 33 states where it is legal in some form. The SAFE Banking Act will allow banks to serve cannabis-related businesses and non-cannabis related businesses that provide goods or services to the cannabis industry in states where cannabis has been legalized, and would prohibit federal regulators from taking any type of enforcement action against a bank solely because cannabis is involved. All three of our representatives from West Virginia voted in favor of the SAFE Banking Act and here at WVBankers we would like to extend a special thank you to Congresswoman, Carol Miller (R-WV3) and Congressmen, Alex Mooney (R-WV2) and David McKinley (R-WV1) for their support of this important piece of legislation!  We would also like to thank the following grassroots advocates who participated along with bankers from all across the country in our efforts to get the SAFE Banking Act passed in the U.S. House:

     Jim King - Bank of Monroe
     Mark Bias - Premier Bank
     Alan Brill - Capon Valley Bank
     Chad Mildren - United Bank
     Travis Delaplain - FNB Bank
     Jared Moncman - Pleasants County Bank
     Gabby Newcomer - FNB Bank
     John Reed - MCNB Banks
     Tom Whaling - West Union Bank
     Teresa Cunningham - Williamstown Bank
     Sherry Evans - Poca Valley Bank
 
 
Please contact Loren C. Allen, General Counsel and Director of Government Relations for the WVBankers at lallen@wvbankers.org or 304-343-8838 with any questions you may have regarding the SAFE Banking Act.  If you would like to get involved as a grassroots advocate for your bank and the banking industry ( click here) for instructions on how to register as a user through our advocacy platform provided by VoterVoice.
WEST VIRGINIA 2020 DIRECTORY OF BANKS

M. Lee Smith Publishers is working with the West Virginia Bankers Association to update the West Virginia Bankers Association Directory of Banks. Forms were sent by U.S. Postal Service on August 19, 2019 but some banks have not responded. If you wish to receive the update forms via email, contact Rhonda Rankin at rrankin@blr.com or call 1-800-274-6774, ext. 8081. We really appreciate your help with this.

Senior leaders of West Virginia, Virginia and Maryland's banking industry are invited to attend and share in stimulating and rewarding sessions targeted at discussing the ever-changing landscape of the financial services arena. Come prepared to engage in discussion on leadership and the future of our industry. The deadline to reserve your room is October 7, 2019.

         
SEMINAR SPOTLIGHT
Internal Audit School

October 23 & 24, 2019
Stonewall Resort
Roanoke, WV
 
Join your peers at this informative school - great for both new internal auditors and those who have been in this position for many years. During the peer discussion, you have a chance to learn from each other and share experiences. Regulators will also be joining us for a panel discussion on what's hot, plus to address your concerns.
 
OCTOBER EVENTS:
 
BSA/AML School
October 15 & 16, 2019
Embassy Suites Charleston, WV
Loan Documentation and Secured Commercial Lending/RE Lending
October 17 & 18, 2019
Sam Bowling Conference Center - Charleston, WV


NOVEMBER EVENTS:

CEO Forum (WV-VA-MD)
November 6 - 8, 2019
Landsdowne Resort and Spa - Leesburg, VA

CFO Conference
November 14 & 15, 2019
Charleston Town Center Marriott - Charleston, WV

Consumer Lending School
November 19 - 21, 2019
Embassy Suites - Charleston, WV

SBA Access to Capital Forum

This forum is for lenders, economic development leaders and those involved in West Virginia small business finances. The goal is to meet, network, and information-share to help more small businesses in the Mountain State obtain access to capital, grow, and foster West Virginia's economy. See the full flyer for more information.
West Virginia Banker Magazine: Content Submissions

The deadline to submit articles for the Winter 2019 edition is Wednesday, November 6. If you are interested in making a submission for the upcoming edition or have questions regarding editorial guidelines, please email Debbie Polen.

Summer 2019 Issue | Media Kit
   
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