Pub. 14 2023 Issue 3

I recently joked that I have read an article every week for the past year that says a recession is starting the next month. But where is that recession? Everyone — or maybe some of us — remembers the common rule of thumb that two consecutive quarters of negative gross domestic product (GDP) growth equals […]

When rates were at record lows for long periods of time, the true value of low-cost funding may have faded into the background; however, low-cost core deposits continue to be the driver of long-term franchise value. Now, with rates continuing to rise — the one-year treasury exceeded 4.5% in January of 2023 — the importance

Imagine the peace of mind that comes with knowing your bank is protected from data breaches and cyber risks, all while ensuring compliance with industry regulations. Typically, this requires an executive known as a Chief Information Security Officer or a CISO. However, hiring a full-time CISO is challenging. There’s not yet a huge supply of

The technologies of artificial intelligence (AI) are becoming an integral piece of the world we live in. These technologies are being deployed across a plethora of fields ranging from simple devices, such as cell phones, to more complex technologies, such as autonomous vehicles or the diagnosing of diseases. AI is even rearing its advancing technological

Cranberry Township, PA: S.R. Snodgrass, P.C., a full-service accounting and consulting firm known for its forward-thinking work with financial institutions, nonprofits, and other businesses, has hired William Hall as Manager, Tax Group at the firm’s Wheeling, WV office, and Mike Winters as Manager, Nonprofit Group at its Cranberry Township, PA office. Mr. Hall has over

For better or worse, State and Federal laws are constantly changing regarding the banking environment. Occasionally, some changes will go under the radar. In this article, we recap the WV Senate Bill 438 changes and what you can expect. Senate Bill 438 is an act to amend and reenact §12-1-5 of the Code of West

Honoring Bankers Who Make Our Communities a Better Place PositivelyPEBO Lewisburg Several Peoples Bank associates in the Lewisburg, West Virginia, area volunteered to assist the local Almost Heaven Habitat for Humanity during a home build. Participating associates were Brittney Hinkle, Lisa Vallandingham, Kirsten Brooks, Michael Moore, Stacey Coles, Alexis Walker, Aaron Toothman and Crisey Holliday.

Cover Photo: Fall 2023 Chairman Cover Photo and Convention Photography provided by Erin Hurst, Erin Hurst Photography | Lewisburg, WV (www.erinhurstphotography.com) Tom Whaling has over 30 years of financial expertise and is a very active member of WVBA and numerous charitable organizations. He is the President and CEO of West Union Bank and is the

The West Virginia Bankers Association board and management team are committed to continually enhancing the association’s value to its members and their employees. But what constitutes value? The association provides diverse services. Each member and each banker values particular association-provided services. At the same time, they may not highly value other services. Our challenge is