Pub. 1 2012-2013 Issue 2

CONTENTS: •4 ICBA State Director’s Message •6 Hello! •6 CBWV Announcements •6 Bank Membership News •7 Social Butterfly •8 Recent Case Provides Guidance on Protecting Banks •12 OREO Accounting: The Way the Cookie Crumbles •14 Basel III Impact on Community Banks •16 EMV Chip Technology to Replace Magnetic Stripe •17 Reach More Customers, Revenue through RDC •18 Is Your Community Bank’s Service Agreement True to the 6 Ps? OF F I C I A L PUB L I CA T I ON OF THE COMMUN I T Y B ANK E R S OF WE S T V I RG I N I A     F A L L I S S UE 2 0 1 2