Pub. 5 2014 Issue 4

www.wvbankers.org 4 West Virginia Banker 22 12 6 Taking Care of Elderly Our planned efforts with AARP will help us provide bankers, older Americans and their caregivers, with the tools they need to thwart financial crimes.” By Joe Ellison, President & CEO 8 Yield Curve Changes and Management of the Investment Portfolio There is much more to the “modified barbell” structure that we generally recommend for bank portfolios. The short end of the barbell provides a source of re-investable liquidity that allows us to maintain a smooth moving average of yield as we add newly purchased securities. By Jeffrey F. Caughron, The Baker Group LP 10 Curing the QM: The CFPB’s Recent Amendments to the ATR/QM Rule A consumer may recover statutory damages equal to the sum of all finance charges and fees, actual damages, court costs, and attorneys’ fees. By Debra Lee Hovatter, Spilman Thomas & Battle, PLLC 12 Information Technology Common Issues Encountered Many times the question is asked to gain our perspective on the latest regulatory “hot buttons” or trends that we have noticed or have read from publications and regulatory communication. By Chris Joseph, CPA, CISA, CRISC, CITP Arnett Foster Toothman PLLC 16 Supreme Court of Appeals Defines Parameters of Incorporation By Reference Directly above the place where customers were required to sign their names, the terminal displayed the following phrase: “I acknowledge that I have received and agree to the terms and conditions of this Rental Contract and the Rental Contract Addendum.” By Sandra Murphy and Floyd Boone, Bowles Rice LLP 18 FHFA Proposal Threatens Your Membership in FHLBanks Housing is at the heart of our business – yours and ours. A housing nexus exists today in the form of pledged collateral. As you well know, the majority of collateral types that are eligible to secure FHLBank advances are housing assets. By Vince Moye and Larry Swingle, FHLBank Pittsburgh 20 The Evolution of Financing for Affordable Multifamily Housing These programs were very popular prior to 2007 with a number of large institutions operating on a national level. By Sujyot Patel, Lewis Diaz and Dave Thomas, Dinsmore & Shohl LLP 22 West Virginia Housing Development Fund A study done by the West Virginia Housing Policy Work Group sheds some light on what other challenges are and what we can do to overcome them. By Erica L. Boggess, Acting Executive Director 24 Discover How Analytics Help Provide Much- Needed Answers Automated business intelligence solutions can help financial institutions answer those questions by sorting through their reams of “big data” and extracting pearls of wisdom about consumers’ needs—leading to increased profitability and customer retention. By Jason Young, CSI NuPoint 25 Calendar of Events