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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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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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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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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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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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Community banks in Ohio, West Virginia strike merger deal

American Banker

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Rebeca Romero Rainey: The power of discussion

Independent Banker

I’ll also be traveling to a series of meetings for ICBA Bancard, TCM Bank, ICBA Reinsurance and ICBA Securities, and attending the Community Bankers of West Virginia Convention. Open dialogue is important, because as a community bank, no two scenarios are exactly alike. Rebeca Romero Rainey.