2025 Pub. 16 Issue 3

According to supervisory guidelines, models refer to “a quantitative method, system or approach that applies statistical, economic, financial or mathematical theories, techniques and assumptions to process input data into quantitative estimates.”

Regulators around the world have been ramping up their investigative efforts into how some of the world’s major banks are handling financial crime risks.

The August Main Street Lending Report shares the latest small business lending data and trends in this unpredictable economy. In this month’s report, we see that, even through a changing labor market, cautious consumer base, and rising import costs and prices, credit quality appears to have stabilized with short-term delinquencies rising modestly and defaults falling several basis points both month-over-month and year-over-year.

If you are an employer in the banking industry, chances are you employ one or more employees in the role of mortgage loan officer (MLO). If so, read on to ensure that such employees are properly classified for purposes of wage and hour law.

In our ever-changing industry, many community bankers fall into the trap of trying to grow market share by following the lead of the “big banks.” Many of them are finding that it just doesn’t work.

West Union Bank’s Board of Directors is pleased to announce the appointment of Michael Malfregeot as its next president and chief executive officer, effective Jan. 1, 2026.

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The fall foliage is lining the hills, and the air is turning crisp, and the May 12, 2026, Primary Election in West Virginia is just seven months away.