Independent Banker

JANUARY 31, 2022

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. Swashbuckling, nimble, well-funded and unapologetically entrepreneurial, fintechs are offering innovations that allow community bankers to dream big in a host of ways.

Community Bank 159

Community Bank Community Fintech Risk Management 159

American Banker

DECEMBER 12, 2023

Carter Bankshares in Martinsville, Virginia, is attempting to exit a longstanding relationship with West Virginia Gov. Jim Justice through a seldom-used collections tool that was at the center of a court hearing this week.

West Virginia 41

West Virginia Virginia Tools Community Bank 41

CFPB Monitor

NOVEMBER 6, 2023

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Rhode Island 78

Rhode Island District of Columbia West Virginia Community 78

Independent Banker

NOVEMBER 30, 2021

Premium benefits packages, professional development and TLC during the pandemic—this year’s winners do everything in their power to keep their community bankers happy and fulfilled. We asked both leaders and staffers to tell us what makes their community banks stand out as employers. Key Community Bank: Leading by example.

Community Bank 164

Community Bank Community Texas Leadership 164

American Banker

APRIL 1, 2024

Mergers have left Virginia without an independent statewide financial institution. Atlantic Union CEO John Asbury is trying to change that.

Virginia 53

Virginia Marketing Community Bank Community 53

American Banker

JULY 26, 2024

Ending a five-year M&A hiatus, the Wheeling, West Virginia-based company has agreed to pay $959 million in stock for Premier Financial in Defiance, Ohio.

Ohio 41

Ohio West Virginia Community Bank Virginia 41

American Banker

NOVEMBER 16, 2023

Jim Justice alleges that Carter Bancorp engineered a technical default on a multi-million lending relationship and has blocked his company's efforts to refinance with other lenders. The lawsuit extends a dispute that started after the death of the bank's founder in 2017.

West Virginia 69

West Virginia Virginia Lending Company 69

American Banker

MARCH 26, 2024

First National has agreed to buy Touchstone Bankshares. The combined company would have more than $500 million each of deposits and loans.

Virginia 86

Virginia National Company Community Bank 86

Banking Exchange

MAY 24, 2021

Virginia-based bank seeks to boost banking access for overseas companies with US banking needs Community Banking Feature3 Fintech Feature Financial Trends Mobile Online Tech Management.

Virginia 145

Virginia Community Bank Community Trends 145

Independent Banker

OCTOBER 1, 2022

The West Virginia community bank is helping small-business customers get the financing they need while continually seeking new ideas to plan for its own future. Clear Mountain Bank is embracing flexibility, innovation and collaboration as it continues its ascent as a small-business connector in West Virginia. By Mindy Charski.

West Virginia 91

West Virginia Virginia Community Bank Community 91

American Banker

AUGUST 25, 2023

Burke & Herbert Financial Corp. and Summit Financial Group announced a transaction that they described as a merger of equals valued at roughly $371.5 million in stock.

Virginia 36

Virginia Community Bank Community Groups 36

ABA Community Banking

JUNE 20, 2023

Virginia Ali, owner of historic D.C. landmark Ben’s Chili Bowl, got her start at a community bank The post Living legend credits banking for success appeared first on ABA Banking Journal.

Virginia 52

Virginia Community Bank Community 52

PYMNTS

MARCH 18, 2020

The first $15 million will go to groups directly dealing with how the virus is affecting people directly, with $5 million to institutions that handle community development, to dole out low- or no-interest loans. The bank has earmarked $3 million to international groups that provide the same service.

Arlington 214

Arlington Seattle Washington Virginia 214

American Banker

OCTOBER 1, 2020

Virginia National and Fauquier Bankshares are planning to create a $1.6 billion-asset company focused on the middle part of the state.

Virginia 35

Virginia National Company Community Bank 35

Banking Exchange

DECEMBER 21, 2021

Virginia-based bank surpassed industry average score, but four US banks fall short Retail Banking Feature Feature3 Customers Community Banking.

Virginia 78

Virginia Capital Community Bank Community 78

ATM Marketplace

FEBRUARY 23, 2016

This is the first time that the Virginia Association of Community Banks has endorsed an ATM and debit processor, Shazam says.

Virginia 48

Virginia Groups ATM Community Bank 48

American Banker

SEPTEMBER 10, 2020

Robotic process automation is normally the province of large banks, but Extraco Banks in Texas and Carter Bank in Virginia are training bots to perform repetitive, mind-numbing tasks.

Community Bank 78

Community Bank Virginia Community Texas 78

American Banker

SEPTEMBER 24, 2024

The $17 billion-asset Suffolk-based company is convinced paying $120 million for an in-state rival is a more productive use of capital than share buybacks

Virginia 36

Virginia Capital Company Community Bank 36

Independent Banker

NOVEMBER 13, 2014

IB: Who should use LinkedIn at your community bank and why? Facebook and Twitter are the two most popular social networking sites (more than 900 million and 310 million unique daily users respectively). LinkedIn is ranked third (255 million unique daily users) and is generally considered pertinent for business.

Virginia 70

Virginia social media Community Groups 70

Banking Exchange

JANUARY 25, 2021

billion regional bank is building four new sites in Hampton Roads, Virginia Community Banking Feature3 Feature Management M&A Human Resources.

Virginia 78

Virginia Community Bank Regional Resources 78

PYMNTS

JUNE 21, 2020

Virginia’s Chesapeake Bank has joined The Clearing House’s Real-Time Payments (RTP) network, showing that smaller community banks have joined the new trend of enabling instantaneous payments and receipts for customers, a press release said. The move will also allow the bank to access advanced messaging capabilities.

Virginia 224

Virginia Community Bank Strategy Digital Banking 224

American Banker

SEPTEMBER 4, 2024

REV Federal Credit Union in suburban Charleston, South Carolina, plans to acquire First Neighborhood Bank in West Virginia. It marks the 15th deal this year involving a credit union buying a bank, closing in on 2022's record of 16 deals.

West Virginia 78

West Virginia South Carolina Virginia Community Bank 78

American Banker

OCTOBER 10, 2023

Blue Ridge Bank in Virginia changed course after its rapid growth in the fintech partnership business landed it in hot water. But the path back to a traditional community banking model is also proving to be bumpy.

Virginia 45

Virginia Fintech Community Bank Community 45

American Banker

SEPTEMBER 3, 2024

Northwest Federal Credit Union in Herndon, Virginia, will follow FedEx as stadium-name partner for the Washington Commanders, gaining branding rights for which the logistics giant was paying nearly $8 million annually.

Virginia 74

Virginia Washington Branding Community Bank 74

ABA Community Banking

AUGUST 21, 2024

Bank acquisitions announced in Nebraska and Ohio while two West Virginia banks apply for a merger of equals. The post Bank merger, acquisitions announced in three states appeared first on ABA Banking Journal.

West Virginia 52

West Virginia Nebraska Ohio Virginia 52

American Banker

MAY 16, 2020

New Peoples Bankshares said the layoffs were necessary because of the coronavirus pandemic and "a changing financial services industry.".

Virginia 52

Virginia Community Bank Community Industry 52

American Banker

AUGUST 13, 2020

The proposed combination would create a bank with $3 billion in assets in central Virginia.

Virginia 37

Virginia Community Bank Community Strategy 37

Banking Exchange

JANUARY 29, 2020

The combined entity will cover Florida, Georgia, Alabama, the Carolinas, and Virginia when it completes in Q3 2020 Community Banking M&A Management Feature Feature3.

Alabama 78

Alabama Georgia Virginia Florida 78

American Banker

NOVEMBER 18, 2022

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North Carolina 69

North Carolina Virginia Community Community Bank 69

PYMNTS

APRIL 24, 2019

With the FAA approval Wing will be able to make drone deliveries in an area of southwest Virginia. From our perspective, it’s more treating drones like manned aviation,” said Mark Blanks, director of the Virginia Tech Mid-Atlantic Aviation Partnership, one of the organizations involved in the pilot program.

Virginia 124

Virginia New York Google Operations 124

Finer Points

AUGUST 4, 2014

Before I was ever a community banker, I was a cadet at the Virginia Military Institute and an officer in the U.S. Community Banks' One of the core principles instilled in me during my military training was the importance of never giving up ground—of always looking for opportunities to take ground from the enemy.

Virginia 157

Virginia Community Bank Report Training 157

American Banker

JANUARY 21, 2020

The company will pay $29 million for Virginia Bank Bankshares.

Virginia 36

Virginia Company Community Bank Capital 36

Independent Banker

MAY 31, 2022

I’ll also be traveling to a series of meetings for ICBA Bancard, TCM Bank, ICBA Reinsurance and ICBA Securities, and attending the Community Bankers of West Virginia Convention. Open dialogue is important, because as a community bank, no two scenarios are exactly alike. and “How can we better meet the needs of the community?”

West Virginia 151

West Virginia Community Virginia Meeting 151

PYMNTS

FEBRUARY 14, 2020

Facilities in Ohio, Minnesota, Virginia and Illinois will close in April, and about 280 people will be let go. The move shows that while Amazon offers opportunities to smaller companies, it will not hesitate to cut them off if its standards aren’t met. About 120 workers will lose their jobs at a location in Michigan.

Company 215

Company Wisconsin Minnesota Michigan 215

American Banker

MAY 10, 2024

The Charleston-based company agreed to pay $267 million to acquire Piedmont Bank in Peachtree Corners, Georgia. It's United's 34th deal, but the first since 2021.

West Virginia 36

West Virginia Atlanta Virginia Georgia 36

PYMNTS

MARCH 7, 2018

Montgomery County, Maryland, and Northern Virginia. Officials told the Post the tours in Northern Virginia happened early last week, while the Washington tours occurred in the middle of the week and Amazon workers toured locations in Montgomery County toward the end of last week. They were up in Northern Virginia Monday and Tuesday.

Washington 100

Washington DC Virginia Maryland 100

American Banker

FEBRUARY 23, 2023

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West Virginia 53

West Virginia Ohio Virginia Community Bank 53