WVBANKERS 127th ANNUAL CONVENTION
With great regret, West Virginia Bankers Association has officially canceled the 127th Annual Convention, July 26 - 28, at The Greenbrier. President & CEO, Sally Cline, and staff would like to thank our attendees, sponsors, and exhibitors for your continued support and while we will not see you this year, please plan to join us for our 2021 Convention with the  Ohio Bankers League, July 25 - 28, 2021!

The cancellation comes from the compliance of the recent issuance of an Exec utive Order (EO-51-20) by Governor Justice that became effective at midnight on July 14. The Executive Order limits the attendance at indoor or outdoor gatherings to 25 or fewer people in light of the recently renewed outbreaks of the COVID-19 virus in West Virginia and around the country.

We thank everyone for your patience and understanding at this time. Please call the office (304) 343-8838 with any questions. For more information on cancellation, refunds, and room deposits, please see the official WVBankers statement, here.
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Speakers Announced for the Mid-Atlantic Bank Executives Speaker Series: REGISTRATION 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
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August 25 - 27, 2020 | Virtual

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"

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!
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.
WVBankers Endorsed Partners & Associate Members: Tools, Webinars & Resources
Deluxe PPE and COVID-19 Supplies
   
Member News
Fed Adapts Main Street Program to Include Smaller Nonprofits
OVB to close lobbies starting Monday 
Fifth Third Bank offers digital estate planning through fintech startup
ICYMI: ABA Newsbytes
ABA Urges Banks to Require Face Coverings in Branches
ABA, Trade Groups Urge SBA, Treasury: Create One-Page Form for PPP Loan Forgiveness 
Fed Expands Main Street Lending Program to Serve Broader Range of Nonprofits 
FinCEN Alerts Banks to Virtual Currency Scam Involving Twitter Accounts 
Podcast: How Digital Banking Transformation Paid Off in the Pandemic 
Fed's Brainard Warns of Continued Economic Uncertainty as COVID-19 Cases Spike 
Do you have news to share? Please forward your press releases and photos to Allison Boyd
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