Contents ©2025 West Virginia Bankers Association (WVBA) | The newsLINK Group LLC. All rights reserved. West Virginia Banker is published four times per year by The newsLINK Group LLC for WVBA and is the official publication for this association. The information contained in this publication is intended to provide general information for review, consideration and education. The contents do not constitute legal advice and should not be relied on as such. If you need legal advice or assistance, it is strongly recommended that you contact an attorney as to your circumstances. The statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of WVBA, its board of directors or the publisher. Likewise, the appearance of advertisements within this publication does not constitute an endorsement or recommendation of any product or service advertised. West Virginia Banker is a collective work, and as such, some articles are submitted by authors who are independent of WVBA. While a first-print policy is encouraged, in cases where this is not possible, every effort has been made to comply with any known reprint guidelines or restrictions. Content may not be reproduced or reprinted without prior written permission. For further information, please contact the publisher at (855) 747-4003. 12 24 PRESIDENT’S MESSAGE 6 The Demands To Adapt To Change Have Never Been Greater By Mark Mangano, President & CEO, WVBankers 8 Advocacy is Exciting and Rewarding By Bryce Himelrick, Government Affairs Strategist, WVBankers 10 New Legislation Eases the Way for Mergers Involving the Exchange of Stock By Sandy Murphy, Partner, Amy Tawney, Partner, and Jordan Maddy, Associate Attorney, Bowles Rice LLP 12 The Elephant in the Lobby What Your Customers Aren’t Telling You By Robb Rempel, Executive Vice President, Haberfeld 14 Unlocking Efficiency and Security The Importance of Electronic Lien and Title Technology for West Virginia Banks By Chris Keller, Senior Solutions Manager, CHAMP Titles 17 ATM “Jackpotting” Attacks Have Increased Courtesy of ABA Insurance Services 19 Balancing AI-Driven AML With Human Control By Jessica Tirado, Product Manager, CSI 22 FDICIA Implementation Early Planning is the Key to Success By Brendan M. Whalen, CPA, Principal, Audit and Assurance Group, S.R. Snodgrass PC 24 FDIC 2025 Risk Review Community Banking Summary By Josh Sharp, CPA, Audit and Consulting Manager, Suttle & Stalnaker PLLC 26 FASB Changes Direction on CECL Double Count Courtesy of Forvis Mazars 28 Getting Back to I&T Basics Crafting Effective IT Governance and Policies By Brad Brosig, Assurance Manager, Risk Advisory Services, YHB 4 WEST VIRGINIA BANKER
RkJQdWJsaXNoZXIy MTg3NDExNQ==