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West Virginia governor sues Virginia lender for $1 billion

American Banker

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. The lawsuit extends a dispute that started after the death of the bank's founder in 2017.

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Clear Mountain Bank reaches new heights

Independent Banker

The West Virginia community bank is helping small-business customers get the financing they need while continually seeking new ideas to plan for its own future. Clear Mountain Bank is embracing flexibility, innovation and collaboration as it continues its ascent as a small-business connector in West Virginia.

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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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First Guaranty hires lending team, expands into Kentucky, West Virginia

American Banker

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What SEC Filers Have Learned About CECL Implementation

Abrigo

Ours, who is Senior Vice President and Director of Credit Administration of Summit and its 32-location bank subsidiary, Summit Community Bank Inc., Ours said that for Summit Community, which decided to use the cohort methodology, which is a loss migration approach, the choice came down to the availability of quality data. “We

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How Diversified Revenue Streams Impact Ag Borrowers

Abrigo

You might also like this webinar, How the 2021 Roadmap for Producers will Influence Ag Lending. Stay up-to-date on the latest on ag lending trends. Solar A solar diversification opportunity can be created with as land as section corners for community solar projects to thousands of acres for economy of scale. Ag Lending.

Lending 195
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2021 GonzoBanker Awards

Gonzobanker

million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Goes to Larry Mazza and the crew at MVB Bank in West Virginia. Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. The Bank That Gets Fintech.

Fintech 147