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West Virginia treasurer warns new banks of ESG-based blacklisting

American Banker

Six financial institutions may be placed on West Virginia's restricted list if they are found "boycott" the fossil fuel industry, Riley Moore said.

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West Virginia governor spars with bank over $300M debt

American Banker

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.

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West Virginia University On Transitioning New Student Onboarding To An Online Future

PYMNTS

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.

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West Virginia governor sues Virginia lender for $1 billion

American Banker

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.

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Credit union-bank mergers approach all-time high

American Banker

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.

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West Virginia's United Bankshares strikes deal to enter Atlanta

American Banker

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.

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Bank merger, acquisitions announced in three states

ABA Community Banking

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.