Pub. 14 2023 Issue 2

24 CONTENTS ©2023 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. 4 President’s Message Successful Leadership Has Set the Stage for the Association’s Continued Relevance By Mark Mangano, WVBankers President & CEO 6 A Conversation with Deborah L. Swiger 2023 West Virginia Young Banker of the Year 8 WV Young Banker of the Year Nominees 12 Interagency Guidance on Third-Party Relationships Continues to Require a Tailored Approach Based on Risk Profile and Complexity By Sandra M. Murphy, Esq. and Amy J. Tawney, Esq., Bowles Rice 16 Home Equity Line of Credit Scams By Travelers 18 Changes to TDR Accounting and Disclosures for CECL Adopters By Kelly Shafer, CPA, Suttle & Stalnaker, PLLC 20 Empowering the Next Generation of Bank Leaders The Future Leaders Council’s Involvement in the ABA Government Relations Summit By Jared Moncman, CFO, Pleasants County Bank 22 West Virginia School of Banking Prepares Future Industry Leaders 24 Adopting a Holistic FRAML Approach to Fight Financial Crime By Ankur Shah, Strategic Product Manager, CSI 27 Why It’s Necessary to Implement a Zero Trust Security Model for Your Business’s Network By ImageQuest 30 2023 Calendar of Events 16 2 West Virginia Banker