Pub. 12 2023 Issue 4

how they are and will continue to transform work, workforce and workplaces across all industries. Franz also shared his thoughts on how AI will continue the move to modernize banks’ processes and discussed recent case studies that explored technology trends and their effect on financial services. He also discussed how these technologies will affect the future of work and how organizations can lead in this new work environment and navigate the future of work. Our final session on Tuesday morning was all about recent fraud trends. FBI Special Agent Rick Miller and Roanoke County Detective Betsy Van Patten shared recent fraud trends they are seeing in their jurisdictions, what the criminals are up to and how they are committing their crimes. Both Rick and Betsy shared ideas and tips on how banks can attempt to stay ahead of the bad actors to help combat fraud at their institutions. The convention concluded with the YHB Grand Prize Drawing. This year, Justin Crowder with YHB was on hand to draw a lucky banker’s name for one of several prize choices shipped to their home. Our Grand Prize winner at this convention was Donnie Kalowski with Village Bank. Jay Stafford in his last act as VACB Chairman, declared the 46th Annual Convention convened and wished all a safe trip home. He also urged everyone to make plans now to join VACB for the 47th Annual Convention & Trade Show in 2024. (L-R) Jesse Meadows and Luke Gore from YHB presenting the Grand Prize Gift to Jonah Pence with Jay Stafford www.bccadvisers.com WE VALUE BANKS. Business valuation for... ▪ Gifting and stock transfers ▪ Buy/sell agreements ▪ ESOP administration ▪ Estate settlement ▪ Stock offerings ▪ SBA 7(a) loans Lindy Ireland lindy@bccadvisers.com 434.333.6814 Now in Central Virginia! 11 The CommunityBanker

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