West Virginia

A company that operates mostly in rural markets is finally making a push into the thriving mid-Atlantic markets of Washington and Baltimore with its deal for Old Line Bancshares.

WesBanco, which is based in West Virginia, will have more than $15 billion in assets when it completes the acquisition.

Only one CU in West Virginia wants to enter the pot banking space, but they're going against the grain not just of the state's credit union league but an industry where fewer than 1% of institutions are serving that market.

The company will record a $2.1 million pretax gain in the second quarter after selling Summit Insurance Services to the Hilb Group.

The company, which has invested $3 million in fintech in recent years, said the value of the portfolio is nearing $14 million.

New legislation in the Mountain State could clear the way for credit unions to accept funds legal pot shops' license fees.

Cindy Dickey has taken over as CEO at the West Virginia-based institution while several other changes were made to the management team.

Even as the movement grows through charter changes and field of membership expansions, some observers say many boards don’t yet reflect this dynamic.

Many credit unions already know they need to diversity their slate of directors. Here's how a handful of CUs have already started that process.

A 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.

The $26 million acquisition will allow Summit to enter two new counties in its home state.

The West Virginia company will pay a total of $118 million for Poage Bankshares and Farmers Deposit Bancorp.

Michael Fitzgerald, who was selected to lead United Bank, was CEO of Bank of Georgetown for 11 years before it was sold to United.

When potential sellers are skittish, a merger pitch from a peer who’s been through it can make the difference.

An $378 million agreement to buy Farmers Capital will allow the West Virginia company to bridge a gap between Louisville, Ky., and Huntington, W.Va.

Premier Financial agreed to buy First Bank of Charleston for $33 million.

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.

The company has agreed to pay $49 million for First West Virginia Bancorp, the parent of Progressive Bank.

The 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.

Alice Frazier had been chief operating officer at Cardinal Financial, which was bought earlier this year by United Bankshares.