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Gayle Manchin has been elected to serve on the board of MVB Financial, the Fairmont, W.Va., bank, it announced Monday. Her husband, Joe Manchin, was West Virginia governor from 2005 through 2010 and is now the state's junior U.S. senator.
July 24 -
A number of recent deals in the state could spur more Virginia banks to buy or sell. However, big out-of-state buyers are unlikely to get involved because there are few large targets left.
June 19 -
Premier Financial Bancorp (PFBI) in Huntington, W.Va., reported an increase in its quarterly profit that was driven largely by loan sales and improved asset quality.
March 7
First West Virginia Bancorp (FWV) in Wheeling has shifted some of its leaders following the death of its longtime chief executive.
The $352 million-asset company said Monday that Sylvan Dlesk, its chairman and CEO, died on Dec. 18. Dlesk, 73, had been president and CEO of the company and its bank since 2006 and had been chairman since 2004.
William Petroplus was named interim CEO. Petroplus, 64, has been a director since 1998, and is chairman of the company's nominating committee. Petroplus will lead the search for a permanent CEO.
R. Clark Morton succeeded Dlesk as chairman. Morton, 83, has been a director since 1965.
"We are deeply saddened by the sudden loss of Mr. Dlesk," Petroplus said in a press release. "The bank directors and employees express our deep gratitude to Mr. Dlesk for his long-term service and commitment to our company and we express our sympathies to his family."
