OFFICIAL PUBLICATION OF THE WEST VIRGINIA BANKERS ASSOCIATION

Pub. 15 2024 Issue 2

West Virginia Young Banker of the Year Nominees

Zackary Statler

South Market President, United Bank

Zack Statler, originally from Hurricane, West Virginia, began his career trajectory in mining before shifting gears to banking and finance upon graduating from West Virginia University in 2014. Joining United Bank in 2015 as a commercial loans operations specialist in Dunbar, Zack quickly demonstrated a knack for financial analysis and community engagement.

His rapid advancement led him to the Credit Department in Morgantown as a commercial credit analyst, where he excelled in risk assessment and underwriting for commercial and industrial (C&I) and commercial real estate (CRE) transactions. Promoted to commercial portfolio manager in Charleston in 2017, Zack managed the Capital Market portfolio and expanded business development efforts, culminating in his promotion to commercial banker, AVP, in 2019.

During the COVID-19 pandemic, Zack was pivotal in administering the Paycheck Protection Program (PPP), earning recognition as United Bank’s top lender the following year. In February 2022, Zack achieved the milestone of becoming market president of United Bank’s South Market in Beckley, overseeing operations and driving growth across nine offices. Zack continues to combine his financial expertise with a commitment to community service, which has been recognized notably in The State Journal’s “Generation Next: 40 Under 40” list.

What is your favorite part about working in a bank?
Seeing small businesses grow and thrive in our state! It always fascinates me when I get an opportunity to learn about new industries and businesses, and how they make their success. Banking allows me to see “under the hood” of many successful businesses, and it also gives me the opportunity to partner with some really dynamic business owners in West Virginia. It truly makes you excited for our future!

Jared Moncman

CFO/SVP, Pleasants County Bank

Jared began his career journey in banking as a teller at First Neighborhood Bank in 2008, while concurrently earning his bachelor’s degree in business administration/accounting in 2009. His path led him to serve as an external bank auditor at Suttle & Stalnaker before joining Pleasants County Bank in 2015.

Jared’s commitment to professional growth is underscored by obtaining his CPA license in 2020 and assuming roles such as treasurer for the Pleasants Area Chamber of Commerce since the same year. He has also been an active member of the WVBA Future Leaders Council, chairing from 2020 to 2022. He also recently joined the American Banker Association’s Emerging Leaders Council in 2023 as West Virginia’s representative.

At Pleasants County Bank, Jared’s role spans from operational duties at the teller window to executive responsibilities as chief financial officer, IT officer, compliance officer and overseeing audit functions. His dedication to his professional responsibilities and community involvement has earned him respect and recognition throughout Pleasants County Bank and beyond, making him an invaluable asset with a promising future.

What is your proudest achievement outside of banking?
Second to being a father, my proudest achievement outside of banking is passing the final section for my CPA license. Despite my self-doubt, balancing a full-time job, family responsibilities and sacrificing personal time, achieving this milestone marked a turning point. It instilled in me the belief that I can accomplish my life goals.

Justin Spracher

AVP, Community Bank Manager, Summit Community Bank

Justin earned his bachelor’s degree in business administration with a minor in criminal justice and embarked on his banking career 16 years ago, in 2008, with First Century Bank after graduating from Bluefield University. Starting as a teller, Justin quickly advanced to become a loan office manager, and within two years, he assumed the role of branch manager.

With Summit Community Bank’s acquisition of First Century Bank in 2017, Justin continued to excel, ultimately being promoted to area vice president community branch manager in 2020 due to his exceptional leadership and growth achievements. Beyond his professional accomplishments, Justin’s impact on the banking industry and Summit Community Bank resonates deeply through his genuine care and dedication to exceptional customer service.

His commitment to fostering a cohesive and high-performing team reflects Summit Community Bank’s “Service Beyond Expectations,” ensuring his branch delivers outstanding customer service and support. Justin’s selfless devotion to his team’s development and his community’s well-being sets a benchmark for leadership, making him a trusted advisor and role model within Summit Community Bank and beyond.

What is your favorite part of working in the bank?
Helping people and the community.

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