Pub. 6 2017 Issue 2

C O N T E N T S © 2017 Virginia Association of Community Banks | e newsLINKGroup, LLC. All rights reserved. e Community Banker is published four times each year by e newsLINKGroup, LLC for the Virginia Association of Community Banks and is the o cial publication for this association. e information contained in this publication is intended to provide general information for review and consideration. e 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 speci c circumstances. e statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of the Virginia Association of Community Banks, 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. e Community Banker is a collective work and as such some articles are submitted by authors that are independent of the Virginia Association of Community Banks. While e Community Banker encourages a rst print policy, in cases where this is notpossible,everye orthasbeenmadetocomplywithanyknownreprintguidelinesorrestrictions.Contentmaynotbereproducedorreprintedwithoutpriorwrittenpermission.Forfurther information,pleasecontactthepublisherat:855-747-4003. 8 14 16 10 VACB EXECUTIVE COMMITTEE CHAIRMAN Alice Frazier President & CEO Bank of Charles Town Charles Town CHAIRMAN-ELECT G. Lyn Hayth, III President & CEO Bank of Botetourt Buchanan VICE CHAIRMAN Brian K. Plum President & CEO Blue Ridge Bank Luray PRESIDENT & CEO Steven C. Yeakel, CAE President & CEO VACB Richmond IMMEDIATE PAST CHAIRMAN Michael A. Ewing Vice Chairman & CEO Oak View National Bank Warrenton ICBA VIRGINIA DELEGATE Jeff W. Dick CEO & Chairman of the Board MainStreet Bank Fairfax VACB DIRECTORS SERVICES COMMITTEE CHAIR Richard Liles Bank of McKenney McKenney CLASS OF 2017 Dennis A. Dysart First Bank Strasburg 2017 J. Allan Funk Skyline National Bank Independence 2017 Mark C. Hanna EVB Newport News 2017 A. Preston Moore, Jr. Virginia Community Bank Louisa 2017 Howard F. Pisons Community Bankers’ Bank Midlothian CLASS OF 2018 Randal R. Greene Bank of Lancaster Kilmarnock 2018 Lloyd B. Harrison Virginia Partners Bank Fredericksburg CLASS OF 2019 Dabney T. P. Gilliam, Jr. The Bank of Charlotte County Phenix 2019 J. Michael Thomas Select Bank Forest VACB STAFF Katharine C. Garner, CMP Vice President Education & Communications Kelli C. Mallinger Director Member Services 6 Chairman’s Message 8 President’s Message 10 2017 VACB / Williams Mullen – 17th Annual Bankers’ Cup Tournament 12 VACB Seeks Recognition for Outstanding Community Bankers in Second Annual Awards 14 New HMDA 2018 Loan Volume Thresholds 16 Painful Lessons from WannaCry Ransomware 18 Let’s Authenticate: The New Digital Payment Fraud 1 9 VACB 40th Annual Convention