Pub. 8 2017 Issue 3

www.wvbankers.org 4 West Virginia Banker 16 10 © 2017 West Virginia Bankers Association The newsLINK Group, LLC. All rights reserved. West Virginia Banker is published four times each year by The newsLINK Group, LLC for the West Virginia Bankers Association and is the official publication for this association. The information contained in this publication is intended to provide general information for review and consideration. The contents do not constitute legal advice and should not be relied on as such. If you need legal advice or assistance, it is strongly recommended that you contact an attorney as to your specific circumstances. The statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of the West Virginia Bankers Association, its board of directors, or the publisher. Likewise, the appearance of advertisements within this publication does not constitute an endorsement or recommendation of any product or serviced advertised. West Virginia Banker is a collective work and as such some articles are submitted by authors that are independent of the West Virginia Bankers Association. While West Virginia Banker encourages a first print policy, in cases where this is not possible, every effort has been made to comply with any known reprint guidelines or restrictions. Content may not be reproduced or reprinted without prior written permission. For further information, please contact the publisher at: 855-747-4003. CONTENTS 6 President’s Message By Sally Cline, WVBA President & CEO 8 Meet Your Chairman By Todd Clossin, WVBA Chairman 10 Data Makes All the Difference By Loren C. Allen, WVBA General Counsel/Government Relations 12 The West Virginia Safer Workplace Act Expands the Ability of Banks to Conduct Alcohol and Drug Testing By Mark H. Dellinger, Bowles Rice LLP 14 Thank You WVBA 2017 Convention Sponsors! 16 Blockchain Technology Continues to be a Focus for Financial Institutions By Nicholas P. Mooney II, Spillman Thomas & Battle 18 CECL Data Needs By Jim Craven, McQueen Financial Advisors 20 The (Continued) High Cost Of Waiting By Steve Twersky, FTN Financial Portfolio Strategies Group 21 CRA-Qualifying Loans and Investments Can Do a World of Good When They Support Local Seniors By Ed Gentry, CRA Partners and Jim Reber, ICBA 22 Modification Endorsements By David S. Florio, and Frank L. Tortora III, Investors Title Insurance Company 23 Letters of Credit Help Banks Gain Municipal Deposits By Larry Swingle and Vincent Moye, FHLBank Pittsburgh 24 Bank Notes 26 Calendar of Events