Pub. 9 2020 Issue 1

C O N T E N T S ©2020VirginiaAssociationofCommunityBanks |ThenewsLINKGroup,LLC.Allrightsreserved. TheCommunityBanker ispublished fourtimeseachyearbyThenewsLINKGroup,LLC fortheVirginiaAssociationofCommunityBanks 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 assuch.Ifyouneed legaladviceorassistance, it isstronglyrecommended thatyoucontactanattorneyas toyourspecificcircumstances.Thestatementsandopinionsexpressed in thispublicationare thoseof the individualauthorsanddonot necessarilyrepresenttheviewsoftheVirginiaAssociationofCommunityBanks, itsboardofdirectors,orthepublisher.Likewise,theappearanceofadvertisementswithinthispublicationdoesnotconstituteanendorsementorrecommenda- tion of any product or service advertised. The 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 The Community 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,pleasecontactthepublisherat:855-747-4003. 6 12 VACB EXECUTIVE COMMITTEE CHAIRMAN Lloyd B. Harrison, III Virginia Partners Bank Fredericksburg CHAIR-ELECT William G. Foster Village Bank Midlothian VICE CHAIR J. Michael Thomas Select Bank Lynchburg IMMEDIATE PAST CHAIRMAN Brian P. Plum Blue Ridge Bank Luray ICBA VIRGINIA DELEGATE Mark Hanna F&M Bank Timberville PRESIDENT & CEO Steven C. Yeakel, CAE VACB Richmond VACB DIRECTORS CLASS OF 2020 Dennis A. Dysart First Bank Strasburg A. Preston Moore, Jr. Virginia Community Bank Louisa Jay A. Stafford Benchmark Community Bank Kenbridge CLASS OF 2021 Douglas F. Jenkins, Jr. Virginia Commonwealth Bank Richmond CLASS OF 2022 Dabney T.P. Gilliam, Jr. The Bank of Charlotte County Phenix Tara Y. Harrison Virginia National Bank Charlottesville Bryan P. Thompson Highlands Community Bank Covington Joseph R. Witt The Old Point National Bank Hampton VACB STAFF Katharine C. Garner, CMP Vice President Education & Communications Kelli C. Mallinger Director Member Services 7 10 6 Chairman’s Message 7 President’s Message 8 Getting to Know: VACB’s 2019 Rising Star Co-Recipient – Jera Kiser, First Sentinel Bank, Richlands 9 Getting to Know: VACB’s 2019 Rising Star Co- Recipient – Keith Smith, Village Bank, Midlothian 10 A First Step on the Road to Clarity: CFPB Abusive Acts or Practices Statement of Policy 12 Mobile Device Security 14 Conducting an Annual Security Review 16 3 Important Things to Consider When Reviewing Vendors’ BCPs 20 2020 Education Offerings