W Virginia Withholds Payment To Tax Delinquent Vendors


The West Virginia State Auditor’ s office has announced a new tax program aimed at vendors who owe the state money. The vendor will not be able to resume business in West Virginia until it has corrected its delinquency.

Chipotle Subpoenaed In Virginia Norovirus Outbreak


The latest blow to the burrito chain has been a supoena sent to its corporate offices following the recent norovirus outbreak in one of its Virginia locations. Retail California chipotle contamination federal investigation food safety food-borne illness Health News norovirus QSR quick-service restaurant Restaurants Safety subpoena VirginiaThe ast few years have not been kind to the Chipotle Mexican Grill restaurant chain.

WorldRemit Launches Its Service In Virginia


23) it has launched its services in Virginia. WorldRemit provides a secure way for Virginia residents to send money to their loved ones around the world. Residents of Virginia now have the power to share money with friends and relatives abroad, 24/7,” commented Brion Nazzaro, director at WorldRemit, in the press release. WorldRemit said residents of Virginia can send money via instant bank transfer, mobile money transfer, cash pickup and mobile airtime top-up.

Virginia Sues Online Lender Over Consumer Loans


Virginia is suing one of the largest online lenders in the U.S. after reportedly charging Virginians millions in interest and fees. In a lawsuit, the state alleges that NetCredit lent more than $47 million in illegal high-interest loans, The Daily Press reported. According to the lawsuit, NetCredit provided loans to over 47,000 Virginians going back to 2012. The suit also alleges that NetCredit ran afoul of the state’s usury cap of 12 percent.

Virginia bank sues North Carolina de novo over name


Consumer banking Community banking De novo institutions Lawsuits Branding North Carolina VirginiaAmerican National Bankshares is trying to force the proposed American Bank & Trust to change its name.

Delmar Bancorp entering Virginia with latest bank acquisition


Virginia Partners will operate as a separate bank unit after the deal closes. Community banking M&A Growth strategies Capital Maryland Virginia

Former WashingtonFirst execs plan new bank in Northern Virginia


Women in Banking De novo institutions Community banking Career moves MWBEs Capital VirginiaShaza Andersen, a well-known banker around the nation's capital, would serve as Trustar Bank's CEO.

Regional banking stages a comeback in Virginia


Community banking M&A Capital VirginiaUnion Bankshares is poised to become a nearly $12 billion-asset bank in a state that lost most of its midsize institutions in the 1990s and early 2000s.

Managing Someone Else’s Money: Virginia


Virginia residents: There’s a guide for you! Today we are releasing a set of several Managing Someone Else’s Money guides specific to the state of Virginia. These state guides will make it easier for caregivers to follow Virginia’s unique rules and to find help close to home.

Growing naturally in Virginia

ABA Community Banking

TowneBank halting M&A after NC deal, plans to pass $10B organically Management CSuite Community Banking M&A. 1Management

Virginia bank changes names after recent acquisition


Community banking Branding M&A VirginiaBank of McKenney rebranded itself as Touchstone Bank after its merger with CCB Bankshares.

Bay Banks to Buy Virginia BanCorp

American Banker

Bay Banks of Virginia in Kilmarnock has agreed to buy Virginia BanCorp in Petersburg. breaking_news community-banking m-a va dealmaking-strategy

Atlantic Bay Mortgage, Virginia Community Bank call off proposed merger


Community banking M&A Mortgages FDIC VirginiaThe companies had been unable to secure regulatory approval for the deal, which was announced a year ago.

First US Bancshares to enter Virginia with latest acquisition


M&A Community banking Capital Growth strategies Alabama Virginia TennesseeThe Alabama bank agreed to buy Peoples Bank for $23 million as part of a plan to target new Southeastern markets.

Virginia Community Banker: LinkedIn Has Business Development Potential

Independent Banker

By Ann Chen. Tips from Bruce Gemmill on Fully Using LinkedIn. Nurturing LinkedIn relationships is similar to forming personal relationships in that it requires time and attention. Bruce Gemmill of John Marshall Bank in Reston, Va., recommends the following action items: 1.

Virginia Attorney General obtains default judgment in lawsuit against pension advance company

CFPB Monitor

Virginia’s Attorney General has announced that “he has secured more than $50 million in debt relief and ordered civil penalties” as a result of his lawsuit filed in state court in March 2018 against Future Income Payments, LLC; FIP, LLC; and their individual owner for allegedly making loans to Virginia consumers, many of whom were military veterans, that were falsely marketed as asset purchases. State CFS Monitor State Enforcement Usury usury virginia

Southern National, Eastern Virginia Bankshares to Merge

American Banker

Southern National Bancorp of Virginia in McLean has agreed to buy Eastern Virginia Bankshares in Glen Allen for $178.3 million. breaking_news community-banking m-a va dealmaking-strategy

Worth Harris Carter, legendary Virginia banker, dies at 79


Community banking Commercial lending Obituaries Virginia North CarolinaCarter, who built what became Carter Bank and Trust from the ground up, was praised for his “uncanny” credit acumen, devotion to community and family, and willingness to take unconventional risks.

Virginia Credit Union Buys Naming Rights to Outdoor Amphitheater

Keith Leggett's Credit Union Watch

Virginia Credit Union, Inc. The name of the new venue is Virginia Credit Union Live! North Chesterfield, VA) has bought the naming rights to the outdoor amphitheater at the Richmond Raceway with 6,000 covered seats. The terms of the agreement were not disclosed. Read the story. Branding Naming Rights

Shazam wins endorsement of Virginia banking group

ATM Marketplace

This is the first time that the Virginia Association of Community Banks has endorsed an ATM and debit processor, Shazam says

Virginia bank winding down mortgage unit after striking deal with Chicago thrift


Community banking Mortgage applications Mortgages Virginia IllinoisUnion Bankshares has reached an agreement under which Federal Savings Bank will originate mortgages in its branches.

Virginia Credit Union Realty CUSO Launches Division to Serve Nonmembers

Keith Leggett's Credit Union Watch

A credit union service organization owned by Virginia Credit Union (Richmond, VA), Virginia CU Realty, has launched a new division, Virginia Select Realty, to serve nonmembers. Read more. Credit Union Service Organization Nonmembers

Dollar Bank to Enter Virginia via Acquisition

American Banker

Dollar Bank in Pittsburgh has agreed to buy Bank @lantec in Virginia Beach. breaking_news community-banking m-a pa va dealmaking-strategy

Yes, Virginia, There Are Women Leaders In Fintech

Tech and Finance

BNY Mellon, has appointed Bridget E. Engle as senior executive vice president and chief information officer reporting directly to CEO Gerald Hassell. In this position, Engle will lead the company’s Client Technology Solutions group, which provides critical technology platforms and applications. She will be responsible for setting the strategic direction and execution of the firm’s technology agenda.

Best 11 Fun Things to Do & See in West Virginia – Activities & Attractions

Money Crashers

“Wild, Wonderful West Virginia” – That’s what the West Virginia Division of Tourism calls its home state. West Virginia is a landlocked, mostly rural state sandwiched between Virginia, Maryland, Pennsylvania, Ohio, and Kentucky. As tourism slogans go, it hits the nail on the head.

Nine Virginia CUs Sued over ADA Website Violations

Keith Leggett's Credit Union Watch

The Credit Union Times is reporting that nine Virginia credit unions are being sued for violating the Americans with Disability Act (ADA) by failing to make their websites accessible to the visually impaired. Richmond, VA), Virginia Credit Union Inc. The lawsuits allege the credit unions' websites were not embedded with the code that would allow screen readers to describe graphics, or contained links with no readable text, or had redundant links.

Google’s Drone Delivery Unit Wing Gets Nod By FAA


With the FAA approval Wing will be able to make drone deliveries in an area of southwest Virginia. In an interview with The New York Times, Jonathan Bass, a spokesman for Wing, said deliveries in Virginia should kick off later in 2019.

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Virginia bank's IPO would fund M&A deal


FVCBancorp in Fairfax will use part of the proceeds to help pay for its pending acquisition of Colombo Bank. Community banking IPOs Capital Capital requirements M&A Consolidations

Access National to Buy Middleburg Financial in Virginia

American Banker

has agreed to buy Middleburg Financial in Virginia for $233.1 Access National in Reston, Va., million, or $32.51 a share, in stock. breaking_news community-banking m-a va dealmaking-strategy

Tiny Faith Based Virginia CU Voluntarily Liquidates

Keith Leggett's Credit Union Watch

The National Credit Union Administration announced the voluntary liquidation of New Bethel Federal Credit Union of Portsmouth, Virginia. NCUA placed New Bethel Federal Credit Union into conservatorship on April 30, 2015. The decision to voluntarily liquidate New Bethel and discontinue its operations was made after determining the credit union was unable to restore viable operations.

Website Design: 10 Reasons to Love the Homepage of City National Bank of West Virginia


Looking for inspiration this morning I did a random search on Google for “banks in West Virginia.” The post Website Design: 10 Reasons to Love the Homepage of City National Bank of West Virginia appeared first on Finovate. Sometime serendipity leads you to great places.

Ohio, West Virginia mutuals look to preserve beleaguered model with merger


Community banking Mutual banks M&A Ohio West VirginiaFirst Mutual Holding and Doolin Security Savings Bank are planning to create a mutual with nearly $100 million in assets.

Lafayette FCU Targets Wealthy Virginia Suburb

Keith Leggett's Credit Union Watch

Lafayette Federal Credit Union (Kensington, MD) is targetting McLean, Virginia residents -- a wealthy suburb outside of Washington, D.C. In an advertisement announcing the grand opening of its McLean service center, the credit union stated "McLean Residents We Are Your Credit Union." The census tract, where the branch opened, has a median family income of $176,027, which has an upper income designation. In fact, the census tract''s median family income is 166.22

Virginia Bank Juggled CEO Search with Merger Talks

American Banker

Hampton Roads Bankshares in Virginia Beach juggled a search for a new chief executive while also arranging for its eventual merger with Xenith Bankshares in Richmond, Va. people breaking_news community-banking va dealmaking-strategy

Student loan servicing developments in California, Illinois, and Washington; legislation introduced in Virginia and New Mexico

CFPB Monitor

California, Illinois, and Washington have each taken significant steps in implementing their existing laws while legislation has been introduced in Virginia and New Mexico to regulate student loan servicers for the first time. Virginia. In Virginia, Democratic representative Marcus B. On December 27th, Democratic Senator Bill Tallman introduced the Student Loan Servicing Rights Act , which largely follows the form of other state bills, including Virginia.

Virginia, North Carolina Banks to Swap Branches

American Banker

First Bancorp in Southern Pines, N.C., and First Community Bancshares in Bluefield, Va., have agreed to exchange branches in two states. breaking_news community-banking branch-deals nc va dealmaking-strategy

C&F in Virginia Names Long CFO

American Banker

C&F Financial in West Point, Va., has named Jason Long chief financial officer of the company and its Citizens and Farmers Bank subsidiary. breaking_news people succession-planning va community-banking

JPMorgan's Dimon joins U.S. CEOs condemning Virginia violence


JPMorgan Chase Chief Executive Jamie Dimon joined U.S. corporate leaders in denouncing racial intolerance as the pressure heats up on them to challenge President Trump on social and other policy matters. However, Dimon remains on a key presidential advisory group. Commercial banking Corporate governance Donald Trump Jamie Dimon JPMorgan Chase

Alexa’s 7 Banking Skills You Didn’t Know About

Bank Innovation

Exclusive Mobile Operations Technology Alexa Alliant Credit Union Amazon Alexa Capital One FIdelity Investments New England federal Credit Union TD Ameritrade Virginia Credit Union Voice TechLast week, Amazon’s digital assistant, Alexa, hit the 10,000 skills milestone. The top 5 categories of skills, in descending order were: News, Gaming, Education/Reference, Lifestyle and Novelty/Humor.

Amazon HQ2 Secures $51M Funding Vote In VA


Amazon.com’s plans to open its HQ2 in Virginia got the support of local officials who approved a financial package valued at $51 million over the weekend. Amazon Antitrust board headquarters HQ2 incentives New York News second headquarters Virginia What's Hot

CFPB and Virginia AG settle claims against pawnbroker for alleged TILA/CFPA/VA law violations

CFPB Monitor

The CFPB and the Virginia Attorney General announced that they had entered into a proposed consent order with Woodbridge Coins and Jewelry Exchange, Inc., a Virginia-based pawnbroker, to settle a lawsuit filed in a Virginia federal court alleging the pawnbroker’s closed-end pawn contracts violated the TILA, the CFPA, and Virginia law. Barbara S. Mishkin.

Unexpected surge in loan demand provides earnings boost at Union


The Virginia company cautioned that it expects lending to slow down this year. Branding Earnings Credit quality Strategic buyers Virginia

Tech-averse bank warms to digital banking


For years Carter Bank in Virginia had resisted technology of all kinds — even ATMs. Community banks Mobile technology Deposits VirginiaBut a leadership change, rising rates and a thirst for low-cost deposits finally led to a change in philosophy.

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