State Coverage: West Virginia
Corporate Consolidation Speeds Up
American Banker | Jan 26The NCUA Board this morning approved the proposed merger of Tennessee's Volunteer Corporate CU with West Virginia Corporate CU, accelerating the pace of the corporate restructuring.
VolCorp Members Clear Merger with West Virginia Corporate
American Banker | Nov 30Members of Volunteer Corporate CU approved the combination with West Virginia Corporate FCU to create a $1.5 billion corporate, one of six pending corporate marriages.
Charting the Patient Road to Bank Growth
American Banker | Nov 15Skip Hageboeck, CEO of City Holding Co., has a clear idea where he wants to go (the I-81 corridor that runs through Virginia) and where he doesn't (the District of Columbia). His pace is slow, one deal every six years, but he's fine with that.
City Holding Settles Overdraft Suit
American Banker | Aug 24City Holding Co. in Charleston, W.Va., said Tuesday that it has agreed to pay $3 million to settle a class-action suit in which depositors accused the $2.7 billion-asset company of improperly assessing overdraft fees.
United-Centra Deal Gets Fed Approval
American Banker | Jun 21The Federal Reserve said Tuesday that it had approved the sale of Centra Financial Holdings Inc. in Morganton, W.Va., to United Bankshares Inc. in Charleston, W.Va.
Premier Gets OK to Pay Tarp Dividends
American Banker | May 16Premier Financial Bancorp of Huntington, W.Va., has received regulatory approval to resume dividend payments on its investment from the Treasury Department.
5 Units Now 1 at Premier of West Virginia
American Banker | Apr 13Premier Financial Bancorp in Huntington, W.Va., has consolidated five of its banks into one that it has branded Premier Bank.
Profit Off at Premier of West Virginia
American Banker | Mar 01Premier Financial Bancorp Inc. in Huntington, W.Va., said Tuesday that its fourth-quarter earnings fell nearly 50% from a year earlier, to $2.5 million.
Fed Nixes Tarp Dividend Request
American Banker | Feb 11Premier Financial Bancorp Inc. said its regulator, citing the Troubled Asset Relief Program, had rejected a request to let it pay dividends.
Natural Gas Field Energizes Northeast Banks
American Banker | Jan 12Though it's the big banks that are working with energy companies, smaller institutions still expect huge opportunities, some risks aside, to serve ancillary businesses and consumers.
Insurance Claim to Aid United
American Banker | Jan 05United Bankshares Inc. in Charleston, W.Va., said it expects a $15 million insurance claim payment to help lift its fourth-quarter earnings.
United Acquiring Centra of West Virginia
American Banker | Dec 16United Bankshares Inc. announced Thursday that it has agreed to buy Centra Financial Holdings Inc. for $187 million.
High-to-Low Overdraft Charging Now in Danger at Community Banks, Too
American Banker | Sep 22Recent lawsuits could stop community banks in at least two states from deliberately processing the largest transactions first after a California judge ruled against Wells ...
Premier Financial to Merge Five Units into One
American Banker | Sep 01Premier Financial Bancorp in Huntington, W.Va., plans to roll up five of its unit banks into one, $800 million-asset entity.
Summit of West Virginia Lowers Loss
American Banker | Aug 06Summit Financial Group Inc. in Moorefield, W.Va., said Friday that it narrowed its second-quarter loss 14.5% from a year earlier.
