Pub. 3 2014-2015 Issue 1

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   S UMME R 2 0 1 4 CONTENTS: •4 Annual Convention Sponsors •6 What a Year! •9 Fine Points: Our Train is Rolling •10 Client Alert: Amount of Loan in Excess of Value of Home is Not Enough to Render Loan Unconscionable •12 Important Changes for Processing SBA Small Loans •13 How to Tell Employees the Absolute Truth about Performance Without Being Afraid of the Consequences •16 New Interactive Tool for Homebuyers •17 Let’s Do the Tighten Up •18 Could a Bank Be Responsible for a Customer’s Fraud? •20 By the Numbers: Tax Provisions – Maximize Opportunities and Avoid Pitfalls! •22 Bank Member News •24 Upcoming Events •25 Webinar Schedule