Bank in West Virginia is closed by regulators

American Banker

FDIC West Virginia Failures CoronavirusFirst State Bank, which the FDIC sold to MVB Financial, had struggled with profitability and capital levels for several years.

West Virginia bank is first to fail since onset of coronavirus

American Banker

FDIC West Virginia Failures CoronavirusFirst State Bank, which the FDIC sold to MVB Financial, had struggled with profitability and capital levels for several years.

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MVB Financial, Intercoastal to form mortgage joint venture

American Banker

MVB in West Virginia will gain a 47% stake in the partnership in exchange for contributing its mortgage unit's assets to the new company. West Virginia State of Virginia Community banking M&A

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

W Virginia Withholds Payment To Tax Delinquent Vendors

PYMNTS

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.

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.

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.

Credit Karma Now Offers A High-Yield Savings Account

PYMNTS

Credit Karma is partnering with West Virginia-based MVB Bank on the venture. Credit Karma , a company that enables people to gain access to their credit scores, is launching a high-yield savings account that customers can use through an app and online.

Kroger To Bring CBD Products To Stores

PYMNTS

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.

NJ Online Gaming Revenue Set To Grow 66 Pct This Year

PYMNTS

Mobile betting, however, is only allowed in five: New Jersey, West Virginia, Iowa, Pennsylvania and Nevada per earlier reports. With blackjack and roulette on mobile phones, the growing market for online sports wagering in New Jersey has introduced gamblers to virtual casino games.

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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.

Rebeca Romero Rainey: We flourish in times of change

Independent Banker

I will be meeting with the Council of State Community Bank Associations and then gathering with ICBA leadership bankers at our fall meetings in West Virginia. “When community bankers join their voices, they are a powerful force, taking the industry to new levels.”.

Report: 80 Pct. Of NJ Gamblers Place Wagers Online

PYMNTS

Mobile betting, however, is only allowed in five: New Jersey, Pennsylvania, West Virginia, Iowa and Nevada. Mobile sports betting is quickly growing to a point where New Jersey is close to topping Las Vegas as the country’s biggest market, The Wall Street Journal reported Monday (Sept.

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Primaries Hit Weakest Store Front Performance States

PYMNTS

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.

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

PYMNTS

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.

What SEC Filers Have Learned About CECL Implementation

Abrigo

Summit Community currently expects to use a 12-month economic forecast for qualitative factors , basing the forecast on national economic data from the Federal Reserve’s Federal Open Market Committee and on subscription-based quarterly reports for its lending areas in Virginia and West Virginia.

Macy’s Eventizes Holiday Hiring

PYMNTS

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

PYMNTS

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.

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

PYMNTS

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.

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.

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

PYMNTS

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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Health Care Companies Data At Risk Of Being Compromised

PYMNTS

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.

Enabling Digital Commerce At Sporting Venues With Mobile Ticketing

PYMNTS

Mobile betting, however, is only allowed in five: New Jersey, West Virginia, Nevada, Pennsylvania and Iowa.

Sears Offers Online ‘LEASE IT’ Financing Program

PYMNTS

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.

Five At Five: NYC Votes To Impose Ridesharing Cap

PYMNTS

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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Blockchain Goes Local (A Bit, Anyway)

PYMNTS

News came out this week that a pilot program in West Virginia is eyeing the ballot box. Use cases are growing with blockchain, and while the headlines may focus on large-scale government initiatives and where distributed ledger technology (DLT) might be headed, the fact remains that smaller projects are gaining traction. Looking on a case-by-case basis, state initiatives (or local ones outside the U.S.)

Why US Credit Card Fraud Complaints Are On The Rise

PYMNTS

West Virginia, Iowa, Idaho and Kentucky rounded out the top five states with the least amount of reported credit card fraud. Credit card fraud complaints in the U.S. saw the biggest increase in 10 years in 2015, with the number rising by 41 percent. ValuePenguin analyzed data collected by the Consumer Financial Protection Bureau and found that there were approximately 70,000 credit card fraud complaints submitted in 2015.

Amicus briefs filed in support of Seila Law’s certiorari petition

CFPB Monitor

Attorney Generals of Texas, Arkansas, Georgia, Indiana, Kansas, Louisiana, Nebraska, Oklahoma, South Carolina, Tennessee, Utah, and West Virginia.

Higher Learning, Hit By Payments Fraud

PYMNTS

Separately, West Virginia News reported that an ex-state Division of Highways worker has been sentenced to probation spanning three years after filing fake expense reports. Is higher education a conduit to workers skimming from their institutions of learning? In a few incidents seen earlier this month, it seems like skimming takes its place with reading, writing and arithmetic.

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

Dataconomy

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.

Macy’s Looks To Expand Pop-Ups After Weak Holiday Sales

PYMNTS

Gennette, in his call with analysts, said a fire at a distribution center in West Virginia impacted Macy’s fulfillment capabilities during Cyber Monday.

Retail Pulse: goop Finds Stickiness In New York, Opens ‘Lab’; Nordstrom To Offer Early-Bird Pickup

PYMNTS

With the rollout, 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.

WEX Extends Fuel Card Contract With Sheetz

PYMNTS

states, including Maryland, North Carolina, Ohio, Pennsylvania, Virginia and West Virginia. On Wednesday (Oct. 18), payment solutions company WEX, Inc., announced a 10-year extension of its fleet fuel card contract with convenience chain retailer Sheetz, Inc., a press release published by Business Wire reported. WEX supports the Private Label, Universal and Tri-Brand fleet cards available at Sheetz, which can be used to purchase gasoline at store locations.

Lease-To-Own Services Make A Comeback With Overstock.com

PYMNTS

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). Lease-to-own services are making a comeback with eCommerce retailers. Overstock.com is bringing a lease-to-own purchase option to its financial service offerings.

Time Tried, Panic Tested. The Forgotten Story of the First National Bank of Keystone

Jeff For Banks

September 1st, 1999, regulators from the Federal Deposit Insurance Corp, at the behest of the Office of the Comptroller of the Currency, descended on a small coal mining town in Keystone, West Virginia. All from Keystone, West Virginia.