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

PYMNTS

AUGUST 24, 2016

23) it has launched its services in Virginia. WorldRemit provides a secure way for Virginia residents to send money to their loved ones around the world. Residents of Virginia now have the power to share money with friends and relatives abroad, 24/7,” commented Brion Nazzaro, director at WorldRemit, in the press release.

Virginia 100

Virginia California Mobile Security 100

CFPB Monitor

APRIL 24, 2020

One Wednesday, Virginia enacted a law that requires student loan servicers to be licensed. While Virginia opened its “Office of the Qualified Education Loan Ombudsman” in 2019, efforts to require licensure of student loan servicers had previously failed.

Virginia 88

Virginia Regulation Operations 88

CFPB Monitor

MARCH 29, 2023

The CFPB has issued a determination that the Truth in Lending Act (TILA) does not preempt the commercial financing laws of New York , California , Utah, and Virginia. The determination will be effective on the date it is published in the Federal Register.

Utah 78

Utah Virginia New York California 78

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

JANUARY 26, 2024

National Bankshares in Virginia agrees to acquire in-state peer, Advia Credit Union in Kalamazoo strikes deal with Illinois bank, EBANX's annual Beyond Borders study launches and more in the weekly banking news roundup.

Virginia 36

Virginia Michigan Community Bank Illinois 36

PYMNTS

JULY 27, 2017

The latest blow to the burrito chain has been a supoena sent to its corporate offices following the recent norovirus outbreak in one of its Virginia locations. From 10,000 employees accusing it of wage theft late last year to multiple food contamination outbreaks and hackers stealing customer information , Chipotle has been hit hard.

Virginia 100

Virginia Policies California Retail 100

PYMNTS

SEPTEMBER 15, 2020

Large-scale orientation events meant to establish bonds among students are naturally out of the question, and universities are also having to adjust the ways they identify students or finalize their housing or student aid to suit online channels, according to Corey Farris, dean of students for West Virginia University.

West Virginia 147

West Virginia Virginia Online Tools 147

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 85

Virginia National Company Community Bank 85

PYMNTS

MAY 4, 2018

Virginia is suing one of the largest online lenders in the U.S. after reportedly charging Virginians millions in interest and fees. In a lawsuit, the state alleges that NetCredit lent more than $47 million in illegal high-interest loans, The Daily Press reported.

Virginia 108

Virginia Online Cleveland Study 108

CFPB Monitor

NOVEMBER 21, 2018

As discussed below, the court’s order is a default judgment in favor of the Virginia AG. Although the AG’s complaint alleged that the interest rates charged on the transactions exceeded Virginia’s usury limits, it did not charge the defendants with violating the state’s usury laws.

Virginia 68

Virginia Company California Lending 68

MyBankTracker

JANUARY 14, 2021

Homeowners insurance in Virginia is a policy that protects your house. So, if you have a homeowners insurance policy in Virginia, or if you’re thinking about buying one, here’s what you need to know about coverage and rates. Average Rate of Homeowners Insurance in Virginia. Virginia Beach $3,126. Chesapeake.

Virginia 52

Virginia Policies Arlington National 52

Payments Dive

APRIL 8, 2022

That latest opening in Fairfax, Virginia, is the first of four in that suburban area that Amazon plans to open. The tech juggernaut opened its first full-size checkout free Fresh store on the East Coast this week in suburban Washington, D.C., bringing the chain total to 27 nationwide.

Virginia 221

Virginia Washington 221

American Banker

NOVEMBER 4, 2024

Multiple lenders filled leadership roles across the country, including National Bankshares in Virginia, while Peoples Financial in Pennsylvania said its CEO would step down.

Community Bank 69

Community Bank Pennsylvania Virginia Community 69

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 34

Virginia National Company Community Bank 34

CFPB Monitor

FEBRUARY 6, 2017

The CFPB and the Virginia Attorney General announced that they had entered into a proposed consent order with Woodbridge Coins and Jewelry Exchange, Inc., a Virginia-based pawnbroker, to settle a lawsuit filed in a Virginia federal court alleging the pawnbroker’s closed-end pawn contracts violated the TILA, the CFPA, and Virginia law.

Virginia 60

Virginia Regulation 60

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

American Banker

NOVEMBER 7, 2024

The giant, Vienna, Virginia-based credit union will pay tens of millions of dollars in refunds and fees for overdraft practices its federal regulator labeled "deceptive and unfair."

Virginia 56

Virginia Regulation 56

Bank Innovation

MARCH 20, 2020

Virginia-based Pentagon Federal Credit Union, for one, was already more than one year into forming its contingency plan to facilitate employees to work from home by the time COVID-19 hit the U.S.

Virginia 259

Virginia Software Security 259

Banking Exchange

APRIL 21, 2021

John Marshall Bank has reported record earnings for nine quarters in a row Feature Feature3 Community Banking.

Community Bank 78

Community Bank Virginia Community Report 78

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

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

The Paypers

MARCH 18, 2021

Global payment technology company Nuvei has announced that its wholly owned subsidiary has been approved to support the sports betting industry in Virginia.

Virginia 31

Virginia Payments Industry Technology 31

American Banker

JUNE 14, 2024

BNY, the country's oldest bank, drops "Mellon" from its branding; Apple FCU announces plans to merge with NextMark Credit Union; Moelis probes incident after a video circulated online shows one of its senior bankers appearing to punch a woman; and more in this week's banking news roundup.

Branding 52

Branding Virginia Video Apple 52

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

PYMNTS

OCTOBER 29, 2020

17 were in Massachusetts (+5,442), Kansas (+3,010), Virginia (+2,255), Texas (+616) and Minnesota (+493), while the largest decreases were in California (-16,207), New York (-11,495), Georgia (-9,274), Florida (-7,834) and Michigan (-7,774). During the week ending Oct. Unemployment has been high since the pandemic began.

Puerto Rico 208

Puerto Rico Rhode Island Virgin Islands District of Columbia 208

PYMNTS

NOVEMBER 3, 2020

Ellis III, of the United States District Court for the Eastern District of Virginia. Zachary Terwilliger for the Eastern District of Virginia. . He was alleged to be an active member of a cybergang that collaborated online to swap trade secrets and tools. The sentence was handed down by Senior U.S. District Judge T.S. Attorney G.

Virginia 260

Virginia United States Fraud Course 260

American Banker

JANUARY 21, 2020

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

Virginia 36

Virginia Company Community Bank Capital 36

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

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

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

Bank Innovation

JULY 26, 2019

The field of fintech companies focusing on people who live paycheck to paycheck continues to grow, with Virginia Beach-based Finfit picking up $7 million in Series B equity funding on Friday. Galaxy Investments and Bison Investments participated in the round.

Virginia 186

Virginia Fintech Operations Company 186

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

Bank Innovation

APRIL 1, 2019

Phil Beck, Head of Treasury Management at Capital One, is almost a year into his job at the McLean, Virginia-based bank, where his focus has been getting commercial banking up to speed with the digital economy.

Customer Experience 186

Customer Experience Capital Virginia Management 186

Bank Innovation

NOVEMBER 8, 2017

The Virginia-based bank announced an abrupt, and permanent, closure of its mortgage and home equity origination business this week, citing that the sector was too competitive for the bank to turn a profit. No more Capital One mortgages. Capital One first acquired its mortgage division in 2009.

Capital 236

Capital Virginia 236

BankInovation

FEBRUARY 19, 2024

McLean, Virginia-based Capital One will pay 1.0192 of its own shares for each Discover share, a 26.6% Capital One Financial Corp. agreed to buy credit-card lender Discover Financial Services in a $35 billion all-stock deal to create the largest US credit card company by loan volume. premium to the closing price on Feb. 16, the […]

Capital 77

Capital Virginia Cards US 77