12 CONTENTS ©2022 The West Virginia Bankers Association | The newsLINK Group, LLC. All rights reserved. West Virginia Banker is published four times each year by The newsLINK Group, LLC for the West Virginia Bankers Association 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 the West Virginia Bankers Association, 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 the West Virginia Bankers Association. While West Virginia Banker encourages a first-print policy, 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. 5 President’s Message Farewell By Sally Cline, President and CEO 6 Community Corner 2022 Highlights Honoring Our Bankers that Make Our Communities a Better Place 8 What a Recent Court Decision and Challenges to the CFPB Mean for West Virginia Banks By Nicholas P. Mooney II, Spilman Thomas & Battle, PLLC 12 Why Banks are Embracing Loan Marketplaces as a Solution to Liquidity By Simon Fisher, CSI 14 Financial Abuse of the Elderly By Travelers 16 Why A Holistic Approach to Cybersecurity in the Banking Industry Is Beneficial By Jim Mundy, Segra 18 Six Strategies to Navigate Credit Stress By Dennis Falk, PCBB 20 ABA Conference Focuses on Legislation, Economic Uncertainty and Digital Assets By Tanya Thomas, Baker Tilly 22 S.R. Snodgrass, P.C. Announces the Acquisition of Zeno, Pockl, Lilly, & Copeland, A.C. 24 Under Pressure Deposit Betas in 2023 By Matt Harris, The Baker Group 14 wvbankers.org 4 West Virginia Banker
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