Chipotle Subpoenaed In Virginia Norovirus Outbreak

PYMNTS

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.

Virginia Sues Online Lender Over Consumer Loans

PYMNTS

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.

WorldRemit Launches Its Service In Virginia

PYMNTS

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.

Atlantic Bay Mortgage, Virginia Community Bank call off proposed merger

BankThink

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

Regional banking stages a comeback in Virginia

BankThink

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.

Virginia bank changes names after recent acquisition

BankThink

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

First US Bancshares to enter Virginia with latest acquisition

BankThink

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.

Managing Someone Else’s Money: Virginia

CFPB

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.

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

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 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

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

BankThink

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

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

BankThink

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 bank's IPO would fund M&A deal

BankThink

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

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

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.

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

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.

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.

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

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

BankThink

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.

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

NetBanker

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.

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.

Union to gain scale around Washington with $600M acquisition

BankThink

Union Bankshares will gain 15 branches and $2 billion in loans in northern Virginia after it buys Access National. Community banking M&A Capital Virginia Washington DC

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

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, 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

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.

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

BankThink

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

American National deepens Va. roots with latest acquisition

BankThink

The company will pay $96 million to buy HomeTown Bankshares to gain scale in western Virginia. Community banking Integrations Strategic buyers Growth strategies Virginia

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

Lowe’s Employees Decked Out In High-Tech Exoskeletons

PYMNTS

The national home improvement chain partnered with Virginia Tech to develop a futuristic exosuit for its employees. “As a way to support them, we found a unique opportunity to collaborate with Virginia Tech to develop one of the first retail applications for assistive robotic exosuits.”

Yes, Virginia, There Is A Regulatory Burden On Small Banks

BankersHub

Preston Ash of the Federal Reserve Bank of Dallas, sent me (on New Years Eve, no less) an article co-authored by Preston and Christoffer Koch and Thoma F. Siems of the Dallas Fed, entitled " Too Small to Succeed?--Community Community Banks in a New Regulatory Environment."

United in W.Va. taps director to become next bank president

BankThink

Community banking Succession planning M&A Virginia West VirginiaMichael Fitzgerald, who was selected to lead United Bank, was CEO of Bank of Georgetown for 11 years before it was sold to United.

How does a community bank grow into a regional power? Hire like one

BankThink

Union Bankshares in Virginia has been adding executives from much larger competitors as it looks to compete more effectively with bigger banks. Community banking Regional banks Recruiting Succession planning Virginia

West Virginia floods sock members, spare credit unions

CU Insight

The West Virginia floods late last week were blamed for 25 deaths, including a member of the $192 million Pioneer West Virginia FCU, according to President/CEO Dan McGowan. The post West Virginia floods sock members, spare credit unions appeared first on CUInsight.

Summit to Buy First Century in West Virginia

American Banker

Summit Financial Group in Moorefield, W.Va., has agreed to buy First Century Bankshares in Bluefield, W.Va. breaking_news community-banking dealmaking-strategy

First Community in Virginia Discloses Bank President's Resignation

American Banker

The $2.5 billion-asset company disclosed in a regulatory filing Friday that Martyn Pell, president of its First Community Bank, had resigned, effective immediately. breaking_news people va community-banking

First Citizens to Buy Cordia Bancorp in Virginia

American Banker

First Citizens BancShares in Raleigh, N.C., has agreed to buy Cordia Bancorp in Midlothian, Va. breaking_news community-banking m-a va nc dealmaking-strategy

Two Virginia credit unions complete merger

CU Insight

Two Virginia credit unions announced Wednesday that their merger was official. Walker-Virginia FCU, a $1.7 Uncategorized CU Journal DuPont Community Credit Union Palash Ghosh Walker-Virginia Federal Credit Unionby: Palash Ghosh.