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West Virginia governor spars with bank over $300M debt

American Banker

Carter Bankshares in Martinsville, Virginia, is attempting to exit a longstanding relationship with West Virginia Gov. Jim Justice through a seldom-used collections tool that was at the center of a court hearing this week.

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West Virginia governor sues Virginia lender for $1 billion

American Banker

The lawsuit extends a dispute that started after the death of the bank's founder in 2017. Jim Justice alleges that Carter Bancorp engineered a technical default on a multi-million lending relationship and has blocked his company's efforts to refinance with other lenders.

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Clear Mountain Bank reaches new heights

Independent Banker

An event at EMS in June brought together (L–R) Clear Mountain Bank president/CEO Dave Thomas, ICBA president Rebeca Romero Rainey, FHLBank Pittsburgh president/CEO Winthrop Watson, and Tim Critchfield, EMS owner/president. Name: Clear Mountain Bank. In 2021, the bank was named West Virginia Community Lender of the Year.

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Small bank's rift with West Virginia governor widens

American Banker

After Carter Bankshares sought to auction one of his properties, Gov. Jim Justice promised to "push back like you can't imagine."

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Branch News: BMO Harris Buys Commercial Office, Citizens Bank Adds WV Locations

Banking Exchange

BMO Harris Bank’s new premises will cater for mid-market businesses, while Citizens Bank purchases West Virginia branches Community Banking Feature3 Feature Management M&A.

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Community banks in Ohio, West Virginia strike merger deal

American Banker

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West Virginia bank buys fraud prevention firm

American Banker

MVB Financial plans to use Paladin Group to advise its bank and a number of its fintech clients.