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.

Premier to enter new Ky. market with latest bank acquisition


The West Virginia company will pay $15 million in cash for First National Bank of Jackson. Community banking M&A Growth strategies Kentucky West Virginia

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

Fintech Labs Insights

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.

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.

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.

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

MVB in W.Va. to report big gain from its fintech portfolio


Community banks Fintech Investment strategies Earnings West VirginiaThe company, which has invested $3 million in fintech in recent years, said the value of the portfolio is nearing $14 million.

West Virginia credit union uncovers discrepancies

CU Insight

The post West Virginia credit union uncovers discrepancies appeared first on CUInsight. An embezzlement investigation is under way at the $5.7 million Ohio County Public School Federal Credit Union in Wheeling, W. the cooperative’s board chair confirmed Monday.

City Holding agrees to buy pair of Kentucky banks


The West Virginia company will pay a total of $118 million for Poage Bankshares and Farmers Deposit Bancorp. Community banking M&A Capital Growth strategies West Virginia Kentucky

WesBanco to fill geographic hole with Ky. bank acquisition


An $378 million agreement to buy Farmers Capital will allow the West Virginia company to bridge a gap between Louisville, Ky., Community banking M&A Capital Growth strategies West Virginia Kentuckyand Huntington, W.Va.

Community Banker of the Year: City Holding's Skip Hageboeck


Best in Banking Community banking M&A Growth strategies West VirginiaA meticulous approach to expansion, along with an ability to produce solid results while based in a slow-growth state, explains why Hageboeck is a Best in Banking honoree.

CB Financial in Pa. to expand into Ohio Valley with latest acquisition


The company has agreed to pay $49 million for First West Virginia Bancorp, the parent of Progressive Bank. Community banking M&A Capital Growth strategies West Virginia Pennsylvania

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W.Va. merger designed to compete against bigger banks


Community banking Infrastructure Capital Growth strategies West VirginiaPremier Financial agreed to buy First Bank of Charleston for $33 million.

Summit Financial to pay $10M to settle dispute over pre-crisis mortgage sales


The West Virginia company sold the mortgages to Residential Funding and ResCap Liquidating Trust between 2003 and 2007. Litigation Mortgages Earnings Sailthru NMN origination no display West Virginia

Boost from M&A cushions tax blow at United Bankshares


Commercial lending and mortgage income surged in the fourth quarter at the West Virginia bank thanks to two acquisitions, but a tax charge cut into profits. Earnings Corporate taxes Commercial lending Originations West Virginia District of Columbia

Summit in W.Va. to buy neighboring Peoples Bankshares


Community banking M&A Capital Growth strategies West VirginiaThe $26 million acquisition will allow Summit to enter two new counties in its home state.

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


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.

A buyer's secret weapon in M&A? The CEO of the bank it just bought


Community banking M&A Growth strategies West Virginia KentuckyWhen potential sellers are skittish, a merger pitch from a peer who’s been through it can make the difference.

WesBanco in W.Va. to buy First Sentry Bancshares


Community banking M&A Growth strategies Capital Durbin Amendment Stress tests West VirginiaThe acquisition is expected to boost WesBanco’s presence in Huntington, W.Va., and provide a bridge to its existing operations in Charleston, W.Va., and southeastern Ohio.

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Potomac Bancshares hires former Cardinal exec as its CEO


Women in Banking Community banking Succession planning Growth strategies West VirginiaAlice Frazier had been chief operating officer at Cardinal Financial, which was bought earlier this year by United Bankshares.

How Element FCU helped temper West Virginia’s ‘Aquapocalypse’ — with Element’s Linda Bodie

CU Insight

It deals with a semi-recent industrial accident in Charleston, West Virginia. An ideal story for Halloween, I’d say. This one is a real treat for you — not a trick. A chemical company that produces a, well, chemical that cleans coal had a bit of a mishap when one of its massive storage tanks sprung a leak, allowing thousands of gallons of this toxic chemical to spill into the adjacent river that flowed toward downtown Charleston.

What’s in store for the nation’s newest regional bank


Community banking Regional banks M&A Capital Growth strategies Tennessee North Carolina West Virginia GeorgiaPinnacle Financial Partners closed in on $20 billion in assets by buying BNC. It now has to integrate the North Carolina bank, while finding ways to boost profit and adapt to increased regulatory burden.

What do credit unions have that banks don’t?

CU Insight

An example of shared banking includes West Virginia Central Credit Union, OCUL Service Corp, and Telbec Federal Credit Union. In sum, West VA Central CU membership is located in a city (Beckley, WV) where they didn’t have a physical branch location. Marketing/Social Media Banks Cooperation OCUL Service Corp Telbec Federal Credit Union West Virginia Central Credit UnionOne thing banks don’t have that credit unions do have: cooperation among themselves.

Kroger To Bring CBD Products To Stores


The company will sell the products in states such as Arizona, Washington, Indiana, Kansas, Kentucky, Tennessee, West Virginia and Michigan, among others. To tap into one of the hottest emerging consumer trends, Kroger will sell CBD in almost 1,000 stores.

Random Acts of Kindness Boost Morale at Citizens Bank of W. Va.

American Banker

Citizens Bank of West Virginia in Elkins boosts morale by having employees deliver surprise gifts of thousands of dollars each year to residents of its hardscrabble town (pop.

The Physician and the Fitbit: Why Doctors and Administrators Don’t Love Wearables


Well, Hawley Montgomery-Downs, an associate professor of psychology at West Virginia University, studied Fitbit’s capabilities. You may love your Fitbit…but does your doctor? The complicated world of wearable data may make their lives harder.

Earn Up To $200 With WesBanco's Latest Checking Bonus

Deposit Accounts

Availability: Market area includes portions of Indiana, Kentucky, Ohio, Pennsylvania, and West Virginia. Headquartered in Wheeling, West Virginia, WesBanco’s market area has expanded through the recent acquisition of Your Community Bank (New Albany, Indiana) and now includes portions of Indiana, Kentucky, Ohio, Pennsylvania, and West Virginia. WesBanco is currently the largest bank headquartered in West Virginia, with assets in excess of $9.7

A Bank Dealmaker Who's Made Relationship-Building His Brand

American Banker

United Bankshares in West Virginia has quietly become a $14 billion-asset player in its region thanks to the M&A strategy of its highly respected leader, Richard Adams, who has a way of establishing a rapport with community bank chiefs.

Michael Misoyianis Named CFO at William Mills Agency

William Mills

Misoyianis graduated from West Virginia University’s College of Business and Economics with a Bachelor of Science degree in business administration and is an avid hockey player.

Primaries Hit Weakest Store Front Performance States


From rough sledding in Nebraska to West Virginia, where conditions are best described as dismal, the voters voting today are hoping for a turnaround soon. West Virginia. Dismal is the only word that can be used to describe West Virginia’s economic performance as tracked through store fronts. The primary — at least, on the Republican side — is basically over but for the final counting and the balloon drop.

Roughly Half of CUs Had Fewer Members Y-O-Y

Keith Leggett's Credit Union Watch

percent), and West Virginia (-0.6 Median membership growth was unchanged in New York, Tennessee, and Virginia. While overall membership at credit unions grew in the third quarter, roughly half of the country's credit union reported fewer members at the end of the third quarter of 2018 than a year ago. Median membership growth was negative in 13 states. The District of Columbia had a median membership growth rate of negative 1.6 percent, followed by Illinois at minus 1.5

Build-A-Bear Workshop Plans New Locations, Pop-Up Shops


Bass Pro Shops locations in Indiana, California, Missouri, Florida, Pennsylvania and Colorado are said to host the pop-up shops along with Cabela’s stores in Pennsylvania, West Virginia, Utah and Texas.

The United States Of Venture Capital: The Most Active VC In Each State

CB Insights

Virginia. West Virginia. Although startups based in California, New York, and Massachusetts have traditionally accounted for the majority of VC tech investment in the US, VCs are spurring other hotbeds of innovation across the country.

Sports Betting Moves Forward In The U.S. — With or Without ‘Integrity Fees’


Supreme Court ruled in May that states may legalize sports betting — it was already allowed in Nevada — four other states have approved such wagering: Delaware, Mississippi, New Jersey and West Virginia. In West Virginia, one of the states with newly legal sports betting, lawmakers rejected an integrity fee that was supported by the state’s governor. The U.S.

Macy’s Eventizes Holiday Hiring


Those jobs won’t be in stores but in “mega-centers” in Arizona, Connecticut, Oklahoma, Tennessee and West Virginia, with extensions for specific product fulfillment in California, New Jersey and Maryland. It seems everyone is getting out earlier with their holiday hiring plans. Target is conducting mass interview sessions, JCPenney is upping its temporary staff count and even Sears is getting in on the act and moving to swell its in-store job rolls as quickly as possible.

States Step Up Where CFPB Steps Back


Other states are stepping up enforcement, with West Virginia joining Massachusetts to sue Equifax, the credit scoring agency that was hacked, revealing the information of 145 million consumers. Aiming to fill the void resulting from the Consumer Financial Protection Bureau’s retreat from regulation, states are stepping up and going after big financial companies.

Macy’s Is Hiring 80,000 Employees For The Holidays


These positions are located in Goodyear, Arizona; Cheshire, Connecticut; Tulsa, Oklahoma; Portland, Tennessee; and Martinsburg, West Virginia, as well as in product-specific fulfillment centers in Sacramento, California; Stone Mountain, Georgia; Secaucus, New Jersey; and Joppa, Maryland. Macy’s announced it is hiring 80,000 temporary workers for the holiday season, as well as adding more employees to handle online orders. Macy’s, Inc.

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Collaboration among credit unions a great way of doing business

CU Insight

One unique example of cooperation and shared branching is provided in an arrangement between West Virginia Central CU and Telbec FCU, with additional assistance provide by OCUL Service Corp.

Sears Offers Online ‘LEASE IT’ Financing Program


The standard lease term is as short as five months, with an early purchase option at 30, 60 or 90 days (not available in New Jersey, Vermont, Wisconsin or West Virginia). Sears Holdings has announced that it has expanded its leasing program so that customers can easily finance a variety of products, both in-store and online.

Health Care Companies Data At Risk Of Being Compromised


Health care companies hold the keys to a lot of sensitive consumer data, and a hack of that data could open up a can of worms. That could be the case with 12 health care payers, who are at risk of being hacked after a health care vendor was compromised. According to a report , which quoted a spokesperson for Newkirk Products, the vendor that was hacked, the cyberattack may have impacted around 3.3 million.

Five At Five: NYC Votes To Impose Ridesharing Cap


A pilot program in underway in West Virginia has contracted with Massachusetts-based Voatz to make ballots available for overseas troops via mobile devices. Welcome to the Five at Five, your late look at the payments and commerce news of the day.

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Procure-to-Pay, 3 Ways Analytics Reduces Risks and Costs


This article from the State of West Virginia is a perfect example: "More than 17% of Purchase Card transactions lacked sufficient documentation".