WVBANKERS 127th ANNUAL CONVENTION
The Greenbrier Resort, White Sulphur Springs
July 26 - 28, 2020

T he WVBankers Annual Convention will be held as scheduled. Be a part of our 127-year tradition and join your colleagues for an array of timely sessions on essential topics that qualify for continuing education and legal credits.

General Session speakers include ABA President/ CEO Rob Nichols; Jack Shaw, Innovation and Change Management Strategist; and Ron Insana, CNBC Senior Analyst, Financial Journalist. 

Monday and Tuesday morning concurrent breakout sessions will feature presentations from BKD, LLP, Bowles Rice and Nelson Mullins Riley & Scarborough.
 
Visit our website for more information regarding the Convention Agenda and Registration.
PLATINUM SPONSORS

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GOLD SPONSORS


                      ProServ




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SILVER SPONSORS


   FHN Financial  
    WVHF
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BRONZE SPONSORS


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FRIENDS OF CONVENTION
Bankers Bank of Kentucky
Pacific Coast Bankers Bank
Jackson Kelly, PLLC
Travelers Insurance

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Speakers Announced for the Mid-Atlantic Bank Executives Speaker Series: REGISTER TODAY!
 
The Delaware, Maryland, Pennsylvania, Virginia and West Virginia Bankers Associations present a six-month speaker series that will deliver timely and engaging content geared specifically towards bank CEOs and senior leadership. The series will begin in July and runs through December. One registration fee will provide access to all six sessions and recordings. 
 
We hope you will join us live for the hour-long sessions. Speakers and topics include:

July 10: Jim VandeHei, Axios| Current Events Impacting Banking (COVID-19, Political, Social)


September 11: TBA

October 9: David Motley, African American Directors Forum | Building a More Diverse Board & New Demands on Leaders Regarding Diversity

November 13: Jim Burson, Cornerstone Advisors, Inc. | The Digital Banking Landscape

December 11: Bob Kafafian, The Kafafian Group | Key Considerations for Performance and Profitability in 2021

A Message from SBA on Debt Relief:
Hello WVBankers. A friendly reminder that SBA's Debt Relief Programs helps you market your SBA lending capabilities by paying the borrower's principle, interest and fees for six (6) months. This applies to current loans (7(a), 504 and Microloans) in good standing and new loans booked before September 27th, 2020.
 
The Debt Relief Program applies to SBA's export finance programs as well. Here is a quick summary of the programs:

 

Export Express

  • 90% guarantee for amounts up to $350,000 (for up to 7 years)
  • 75% guarantee for amounts between $350,000 and $500,000 (for up to 7 years)
  • Lender uses its own loan approval process and documents
  • For financing of inventory, accounts receivable and export development activities
  • Fixed assets, permanent working capital and real estate

 

Export Working Capital Program

  • 90% guarantee for amounts up to $5,000,000
  • Use of funds for purchase order financing, accounts receivable and inventory financing , advance rates ranging from 75%  (inventory) to 90% (AR)

International Trade Loan Program

  • 90% guarantee for amounts up to $5,000,000
  • For working capital term loans for financing and refinancing of fixed assets used for exporting (loan tenures up to 10 years for plant & equipment and 25 years for   real estate) 
SBA is available to help you market all SBA programs, including the export finance programs. You may be surprised how many of your commercial customer export their goods and services.
 
For more information on these and other SBA programs, contact Leo Lopez, leopoldo.lopez@sba.gov, (304) 347-5220 and for the export finance programs specifically, contact Leo or Bill Houck, Export Finance Manager, william.houck@sba.gov, 202-557-4063.
 

PROFESSIONAL DEVELOPMENT 
SPOTLIGHT
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August 25 - 27, 2020 | Stonewall Resort 

August 27, 2020 | Stonewall Resort

September 16, 2020 | Stonewall Resort

September 24, 2020 
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Attention Members!!!
To receive your member rate, please make sure to use the WVBankers Member Promo Code: "wvbankers"

WVBankers' self-service portal provides you a more professional and user-friendly experience. This platform allows users to view our event calendar, register and pay for events, maintain a record of enrolled/completed events, print paid invoices, print completion certificates, and manage your user profile. As this event management tool will also serve as our association database, it is important that you take a few minutes TODAY to login and update your profile, including your role/responsibility within your organization.

Your portal sign-up is your ticket to win! All previous portal registrants are automatically entered. Deadline to sign-up for giveaway entry is August 4, 2020. A live drawing will be held August 6 to announce the winner. Register today through the secure link, here.
The Graduate School of Banking at LSU has some special offerings in store for its graduates. Because we want to make sure that WV graduates are included, please visit  https://www.gsblsu.org/alumni/ or email theresa@gsblsu.org to update your contact information at your earliest convenience.
WVBankers Endorsed Partners & Associate Members: Tools, Webinars & Resources
Deluxe PPE and COVID-19 Supplies
   
Member News
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The Latest Pandemic Shortage: Coins Are The New Toilet Paper 
The Fed's Main Street Lending Program is now open and encouraging banks to start making loans
ICYMI: ABA Newsbytes
Podcast: Minority Banks and Financial Inclusion 
Powell: COVID-19 Affecting Availability of Coins for Banks 
SBA Streamlines PPP Forgiveness Application for Many PPP Borrowers 
Managing Credit Risk as a Result of the Coronavirus Pandemic
FDIC, OCC Trim Effects of COVID-Related Loan Growth on Assessments 
Main Street Lending Program FAQs
Do you have news to share? Please forward your press releases and photos to Allison Boyd
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