2021 WVBankers Emerging Leaders Nomination
Time is running out to get your bankers signed up for the 2021 Emerging Leaders Program! This 12-month program contains the following elements:
  • Two Legislative Day visits
  • Two Seminars
  • Wharton Emerging Leaders Certification Program (Partnership with WVBankers, ABA and the prestigious Wharton School of the University of Pennsylvania)
  • Two Peer-to-Peer telephone conferences
  • Emerging Leaders Community Service Project (Bankers Choice)
Please nominate future leader of your bank for the 2021 Emerging Leaders program; submit your nominees today!

This program is an excellent opportunity to engage the next generation of banking leaders in dealing with issues facing the industry through new perspectives on leadership. Send in the applications ASAP, deadline for submissions is January 31, 2021. 
Attention Members: WVBankers 2021 Directory of Banks and Mousepads
 
The 2021 WVBankers Directory of Banks and mousepads have arrived! We are working to pack and send by the the end of the week so expect to have in hand by sometime over the next two weeks. If you have any questions or do not receive a directory or mousepad, please contact Shannon Kessler.

PROFESSIONAL DEVELOPMENT 
SPOTLIGHT

LAST CHANCE TO REGISTER!
Commercial Lending Development Program: 
Session 1 & 2
January 28 & 29, 2021
Virtual

WVBankers is pleased to announce our newest program: Commercial Lending Development.
This high quality, robust program will be led by outstanding instructors. The program is spread over four 2-day sessions across a five month period with the following topics:
  • Marketing/Business Development/ Negotiations
  • In-Depth Financial Analysis
  • In-Depth Cash Flow
  • In-Depth Loan Structure
  • Credit Memorandum Preparation/ Presentations
  • Loan Review/Documentation/ Compliance And Regulations
  • Problem Loan Monitoring/Business Law/Lender Liability
  • Comprehensive Overview: Senior Credit Officer Presentations And Panel; Credit Presentations
_____________________________________________________________________

February 2021:

February 2 - 3, 2021
Virtual - Zoom
Presented by Patrice Konarik

March 2021:

March 8, 2021
Four Points by Sheraton
Presented by Compliance Alliance

March 30 & 31, 2021
Virtual - Zoom
Presented by Trina McCoy
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Check Out WVBankers Distance Learning Options:
Attention Members!!!
To receive your member rate, please make sure to use the WVBankers Member Promo Code: "wvbankers"
WVBankers Legislative Day Going Virtual for the 2021 West Virginia Legislative Session
Due to ongoing risks associated with large group gatherings during the COVID-19 Pandemic, WVBankers will hold legislative day events virtually for 2021. 

We are in the process of organizing a series of virtual meetings with the WV State Senate and WV House of Delegates legislative leadership during the week of February 22, 2021. These meetings will give bankers the opportunity to speak with their elected representatives in Charleston on issues that matter most to bankers across the state and do it in a safe, socially responsible way. Stay tuned for more information on our virtual event.
West Virginia Banker Magazine Content Submissions 
The deadline to submit articles for the Spring 2021 edition is Friday, February 12th. If you are interested in making a submission for the upcoming edition or have questions regarding editorial guidelines, please email Allison Boyd.
West Virginia Banker Magazine 'Community Corner' 
The WV Banker magazine 'Community Corner' features pictures highlighting bankers going above and beyond to support their communities.

We ask for three to five pictures from members, including a short caption and list of who is in the photo. The deadline for Spring 2021 submissions is Friday, February 12th.
To submit photos or if you have any questions, please contact Allison Boyd.
Negotiating with the Big 3 Core Vendors Webcast
Presented by ICI Consulting (WVBankers Endorsed Partner)
January 28 & 27, 2021 - 1:00pm

The Big 3 Core Vendors (Fiserv, FIS and Jack Henry) own 75% of the Core Market. Outside of the Big 3, there are a large number of Core Platforms that are winning business and giving the Big 3 competition. Who are these core vendors and how are they winning business? This webcast will help you negotiate your Core Agreement from a position of strength and teach you tactics to secure a favorable core processing contract.

Please note: Webcast invitations will be sent by ICI Consulting. If you do not receive an invite by January 22, 2021 and would like to participate, please contact Allison Boyd to add your name to the list.
2020 WVBankers Record Retention Manual
The 2020 update to the WVBankers Record Retention Schedule, prepared by our friends at Bowles Rice, LLP, supplies bankers with the latest information about state and federal record retention requirements for West Virginia banks. The easy to use format provides record retention information for the following business functions:
  • Administrative records
  • Correspondent banking
  • Electronic Data Processing and Internal Reports
  • Investments
  • Loans and Credit Transactions
  • Official Checks and Drafts
  • Operations
  • Personnel
  • Safe Deposit and Vault
  • Taxes
  • Time and Demand Deposits
  • Trusts
And federal retention regulations including:
  • USA Patriot Act
  • Bank Secrecy Act
  • CFPB
  • FDIC
  • The Federal Reserve
  • Treasury
  • HUD
  • SBA
  • And others

The digital WVBankers Record Retention Schedule is $175.00 and it is updated approximately every three years. Get your copy of this valuable resource today. Contact WVBankers, skessler@wvbankers.org or 304-343-8838 to order.
2021 Joint WVBankers/Ohio Bankers League Convention
SAVE THE DATE! Banking executives from two states will join together at The Greenbrier, July 25 - 27, for a Joint Convention hosted by the West Virginia Bankers Association and the Ohio Bankers League. This gathering of top executives will provide a variety of opportunities to enhance visibility with the leaders of our states' financial services industry as a sponsor, exhibitor, breakout session presenter, or simply as a registered attendee. 
 
More information on registration, sponsorships, and exhibiting to be announced soon!
   
Question: We have always cashed checks made payable to cash and had the person receiving the cash sign the back of the check. We have heard recently that checks must be made payable to either individuals or entities themselves, and not be made payable to cash. Is this true? Can checks be made payable to cash? Learn More>
 
Please contact Loren Allen for more information.  
PPP Tools and Events for ALL
To help bankers with the reopening of PPP, C/A has opened its tools and huddles to members and non-members who are part of an FDIC-insured bank. Learn more, here.
Member News
Webinar - January 22, 2021: The Federal Reserve's Paycheck Protection Program Liquidity Facility (PPPLF): Overview and Updates following the Resumption of the Paycheck Protection Program in 2021 for All Eligible PPPLF Participants
ICYMI: ABA Newsbytes
In Advance of Full PPP Reopening, SBA Issues Flurry of Guidance, Notices
Biden Picks Chopra to Lead CFPB, Gensler to Chair SEC
Your Fair and Responsible Banking Program in 2021 and Beyond
IRS to Delay Start of Tax Filing Season
ABA, NCRC: Fintech Firms with Bank Charters Should Be Subject to CRA
Podcast: The Year Ahead in Banker Advocacy
Fed to Remove Caps on Coin Distribution
OCC Finalizes Controversial 'Fair Access' Proposal
Bank Economists Anticipate Strongest Growth in 20 Years in 2021
Brainard: Agencies Weighing RFI on Artificial Intelligence
IRS Changes Course Again on EIPs; Will Reissue Misdirected Payments
Fed Pays $88.5 Billion to Treasury in 2020
IRS Recommends Streamlining, Modernizing Improvements to Congress
Do you have news to share? Please forward your press releases and photos to Allison Boyd
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