OFFICIAL PUBLICATION OF THE WEST VIRGINIA BANKERS ASSOCIATION

Pub 11 2020 Issue 3

COVID-19-impact-on-information-security

COVID-19 Impact on Information Security Increase in Cyber Events and Attempts

Introduction. COVID-19 has significantly impacted all industries and the everyday lives of people throughout the world. The financial institution’s industry is no exception, especially in the area of information security. There has been a substantial increase in cyberattacks — successful and unsuccessful — over the past several months.

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limiting-liability

Limiting Liability: Handling Accommodation Requests Related to COVID-19

As COVID-19 continues to spread, employers continue to grapple with navigating employment law issues related to the virus. In addition to administrating the new leave requirements imposed by the Families First Coronavirus Response Act, many employers are faced with tackling challenging employment issues under existing laws, including the Americans with Disabilities Act (ADA) and related state laws like the West Virginia Human Rights Act — both of which impose affirmative obligations on employers when it comes to the needs of employees with disabilities.

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sorry-wrong-number

Sorry, Wrong Number: Another Federal Court Holds that Callers are Subject to TCPA Liability if They Intend to Make Automated Calls to a Consenting Customer, but Instead Call Someone Else

On June 3, 2020, the Ninth Circuit Court of Appeals dealt a blow to callers governed by the Telephone Consumer Protection Act (“TCPA”), which exempts callers from liability for automatic telephone dialing system-generated (“ATDS”) calls if the calls are made with “prior express consent of the called party.”

Sorry, Wrong Number: Another Federal Court Holds that Callers are Subject to TCPA Liability if They Intend to Make Automated Calls to a Consenting Customer, but Instead Call Someone Else Read More »

fintech

Enter Sandbox: West Virginia Adopts Innovative FinTech Regulatory Sandbox Program

The rise in FinTech has significantly impacted the traditional banking model in recent years. Despite the banking industry’s initial resistance in embracing these companies, national, regional, and local banks alike have recognized the utility in providing customers with the innovative products and services these FinTech companies can provide.

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Addition by Subtraction: Thoughts for Creating Non-Dilutive Capital

Just a couple months ago, the prevailing wisdom was that banks would enter the next downturn from a position of relative strength, manifest in strong pre-provision earnings, pristine credit quality, and an abundance of capital relative to pre-Great Recession levels. Then a black swan named COVID-19 showed up on our doorstep. We are now bracing for a deep recession.

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meet-your-chairman-george-ford

Meet Your Chairman – George Ford, The Grant County Bank

How did you become a banker?
I worked for about five years for the Farmers Home Administration, with my last position being the community development manager in Parkersburg. I was responsible for a five-county area. In 1996, after the birth of our son, we decided to move closer to my wife’s family in Petersburg, so I applied with various banks in the area, as my primary responsibilities with FmHA were in lending. I ended up going to work for Grant County Bank in October that year as a collector.

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