On behalf of WVBankers Board of Directors and its members, we would like to thank our Immediate Past Chairman F. Michael Nelson for his leadership and fellowship over the past year. His year as Chairman started out so positively with political and regulatory reform and ended with a once in a lifetime global pandemic impacting all of us in so many ways. Yet, his thoughtful leadership and steady hand kept us moving in the right direction through very difficult times. Thank you Mike. Because of your guidance, we will emerge stronger and better prepared to carry on our mission. 

Sincerely,
The West Virginia Bankers Association

Welcome NEW Associate Members!
Graystone Consulting
Contact: Michael D. Hill
500 Lee St., E, Suite 300
Charleston, WV 25301
Phone: 304-353-9021

Institutional investment consulting, defined contribution and benefit plan consulting, philanthropy management and private wealth management. Learn More.
Dell Technologies
Contact: Charlie Jordan
1 Dell Way
Round Rock, TX 78682
304-382-8624

Dell Technologies, Inc. is a multinational technology company headquartered in Round Rock, Texas. Formed as a result of the September 2016 merger of Dell and EMC Corporation (which later became Dell EMC).
 
Dell's products include personal computers, servers, smartphones, televisions, computer software, computer security and network security as well as information security services. Learn more.
West Virginia Banker Magazine Content Submissions
The deadline to submit articles for the Fall 2020 edition is Thursday, August 13. If you are interested in making a submission for the upcoming edition or have questions regarding editorial guidelines, please email Allison Boyd.

Summer 2020 Issue
 | Media Kit 
West Virginia Banker 'Community Corner'
BANKERS!! The upcoming Fall 2020 issue of the West Virginia Banker magazine will include a 'Community Corner' featuring pictures of 'bankers doing good.'

Our first 'Community Corner' exclusive premiered in the Summer 2020 issue and we are excited to continue this feature for future editions. We are asking for 2 - 5 pictures from members, including a short caption and list of who is in the photo. The deadline for submissions is Thursday, August 13, 2020.

Pictures can include donations, bankers wearing masks, local restaurant takeout days, PPP distribution, bankers cleaning, showing support for retail and business clients, etc. 

To submit photos or if you have any questions, please contact Allison Boyd.

                   
Speakers Announced for the Mid-Atlantic Bank Executives Speaker SeriesREGISTRATION STILL OPEN!
 
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:


September 11: Alex Vogel, The Vogel Group | Political Outlook - Election 2020

October 2 (BONUS SESSION): Moderated by Rob Nichols, ABA - Panelists: 
OCC Comptroller Brian Brooks; FDIC Chairman Jelena McWilliams
Federal Reserve Governor Michelle Bowman | Regulator Panel

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

PROFESSIONAL DEVELOPMENT 
SPOTLIGHT
_____________________________________________________________________

August 25 - 27, 2020 | Virtual

August 27, 2020 | Stonewall Resort

September 16, 2020 | Virtual

September 24, 2020 
_____________________________________________________________________

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

CALL TO ACTION!

West Virginia Bankers: Ask The Senate To Modernize Brokered Deposit Rules
It's been 30 years since today's brokered deposit rules were first enacted. Since then, the banking industry has undergone significant technological and other changes, resulting in brokered deposit rules that are out of sync with the  modern banking environment. 

Ask your senator to modernize the 30-year-old brokered deposit rules. Specifically, replace Section 29 of the Federal Deposit Insurance Act so that healthy banks are not penalized for using modern bank funding mechanisms. ACT NOW!


West Virginia Bankers: Urge the Senate to Simplify Forgiveness for PPP Loans $150K and Under
Since April 3, bankers across the country have assisted small businesses in their communities by providing loans through the Small Business Administration's Paycheck Protection Program. To date, small businesses have received over 4.8 million loans through the program. As the Paycheck Protection Program enters the forgiveness phase, the process should be easy, simple and less technical for small business owners who borrowed $150k or less, which account for 86% of all PPP loans.

Click on the link below to contact Senator Manchin and Senator Capito to support legislation to expedite the forgiveness process for most borrowers who received loans through the PPP. ACT NOW!


NEW! Urge the House to Pass Legislation to Forgive PPP Loans of $150,000 and Under
The House recently introduced legislation to simplify the forgiveness process for PPP loans of $150,000 and under by having borrowers sign a simple form saying the funds were used according to the PPP loan requirements. You've already contacted your senators encouraging them to pass similar legislation. Now it's time to ask your representative to quickly pass a bill to make the PPP forgiveness process simple and less technical for small business owners.

Contact your representative and ask him or her to ease the burden on small businesses and pass legislation to forgive PPP loans of $150,000 or less. ACT NOW!

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 September 6, 2020. A live drawing will be held September 8 to announce the winner. Register today through the secure link, here.
WVBankers Endorsed Partners & Associate Members: Tools, Webinars & Resources
Deluxe PPE and COVID-19 Supplies
   
Member News
Clear Mountain Bank Hires Maggie Robey as Commercial Lender
Premier Financial Bancorp, Inc. Reports Second Quarter 2020 Earnings
Damron elected to Huntington Federal Savings Bank's board of directors
Op-ed: Forgivable loans a lifeline for West Virginia's small businesses
ICYMI: ABA Newsbytes
 ABA, State Associations Call for Guidance on Payment of Agent Fees for PPP Loans 
ABA, State Associations Urge Passage of Streamlined PPP Forgiveness House Bill 
Joint ABA and State Banker Association Letter to the House: Support H.R. 7777, the Paycheck Protection Small Business Forgiveness Act
ABA, Groups Urge House to Protect EIPs from Garnishment  
ABA, Trades Call for Liability Protection in Coronavirus Relief Bill 
Brooks: CRA Benchmarking Proposal Expected by End of Summer 
Kraninger Emphasizes Accommodation of Consumers Amid Pandemic
OCC Official: Banks Need All-Hazards Approach to Operational Resilience Plans 
Regulators Looking at Smaller Teams When Onsite Exams Resume 
FinCEN Warns of COVID-19-Related Cyber Fraud
Powell: Economic Outlook to Depend on Course of Coronavirus
Coin Task Force Issues Statement on Circulation Slowdown
SBA: Lenders May Submit PPP Forgiveness Decisions Beginning Aug. 10 
Do you have news to share? Please forward your press releases and photos to Allison Boyd
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