Pub. 1 2019 Issue 3

PACB HEADQUARTERS 2405 North Front Street Harrisburg, PA 17110 2018-2019 EXECUTIVE COMMITTEE Chairman Troy M. Campbell Altoona First Savings Bank Chairman Elect Jon P. Conklin Woodlands Bank Vice Chairwoman Lori A. Cestra Enterprise Bank Secretary/Treasurer Roger A. Zacharia Ambler Savings Bank President/CEO Dominic D. DiFrancesco PACB Immediate Past Chairman Troy A. Peters Jonestown Bank & Trust Co. PACB STAFF President/CEO Dominic D. DiFrancesco Twitter: @PACB_Nick SVP Strategy & Operations Barbara W. Holbert Communications Director Eric A. Kovac Twitter: @PACB_Eric Comptroller Patricia L. Kuharic Director of Government Relations Allison L. Coccia Executive Administrative Assistant Evelyn M. Sponsler Executive Assistant to the President Jena I. Wolgemuth BUSINESS HOURS 8:30 a.m. - 5:00 p.m. Monday through Friday Telephone: 717.231.7447 STANDING COMMITTEES CHAIRS & VICE CHAIRS Education Edward Martel, Jonestown Bank & Trust Co. Wendy Nagle, PennCrest BANK Finance & Budget Roger A. Zacharia, Ambler Savings Bank FIRSTPAC George M. Evans, InFirst Bank Chuck Leyh, Enterprise Bank Legislative Craig A. Zurn, Jim Thorpe Neighborhood Bank Sidney O. Smith Port Richmond Savings PACB Foundation Dennis D. Cirucci Alliance Bank (Retired) Andrew W. Hasley, Standard Bank, PaSB Patrick O’Brien, Community Bank Thomas Ondek, Sewickley Savings Bank PACB SOCIAL MEDIA Twitter: @PaCommBankers Facebook: PACommunityBanks Instagram: pacommbankers YouTube: PaCommunityBankers Flickr: PaCommunityBankers ADVERTISING SALES To advertise in Hometown Banker , please contact Kris Montione at The newsLINK Group, Inc. at or 727.475.9827 . 3 A Word from PACB’s Chairman 4 From the President/CEO’s Desk 5 Fitech Preferred Provider Profile 6 Marijuana Banking Update: What We Might See in 2019 8 Lenders in Pennsylvania May Now Take Advantage of A New Vacant and Abandoned Property Foreclosure Process 10 RESPA Enforcement is Alive and Well 11 Time to Update Your Loan Documents Due to New Delaware “Divisive Merger” Law 12 Lending in Rural America – Growth Opportunities for Community Banks 14 PACB Welcomes Our New Associate Members 15 Upcoming Webinars 16 Ambler Savings Bank: The Cornerstone of the Community 20 #DifferenceMakers: Bonnie L. Eckenrode 22 Digital Lenders Price Loans Inside a Black Box of Alternative Data 25 Muni Revolution Tax-Free Supplies and Demands are Evolving 26 FEMA Flood Map Changes Impact Lenders 28 5 Practical Tips for Commercial Loan Documentation 29 Business Bankers: Make the Transition to Trusted Advisor 30 Hometown Champions: MCS Bank 33 News from Your Hometown 4 29 8 ©2019 Pennsylvania Association of Community Bankers (PACB) | The newsLINK Group, LLC. All rights reserved. The Hometown Banker is published twelve times each year by The newsLINK Group, LLC for the Pennsylvania Association of Community Bankers (PACB) and is the official publication for this association. The information contained in this publication is intended to provide general information for review, consideration and education. 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 circumstances. The statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of the Pennsylvania Association of Community Bankers (PACB), 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 service advertised. The Hometown Banker i s a collective work and as such some articles are submitted by authors that are independent of the Pennsylvania Association of Community Bankers (PACB). While the Hometown 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. Member & Associate Member subscriptions, $60 per year. All other subscriptions, $84 per year. Please send address changes to PACB, Attention: Hometown Banker, 2405 North Front Street, Harrisburg, Pennsylvania 17110-5319. HOMETOWN BANKER | HOMETOWNBANKER.ORG | 1