West Virginia

Community Bank Completes Sale of Two West Virginia Branches to Citizens Bank of West Virginia, Inc.

Retrieved on:

Friday, December 10, 2021

Community Bank, the bank subsidiary of CB Financial Services, Inc. (NASDAQGM: CBFV), and Citizens Bank of West Virginia, Inc., the bank subsidiary of Citizens Financial Corp. (OTC: CIWV), are pleased to announce the completion of the previously announced sale by Community Bank of two West Virginia branches to Citizens Bank of West Virginia, Inc.

Key Points:

Community Bank, the bank subsidiary of CB Financial Services, Inc. (NASDAQGM: CBFV), and Citizens Bank of West Virginia, Inc., the bank subsidiary of Citizens Financial Corp. (OTC: CIWV), are pleased to announce the completion of the previously announced sale by Community Bank of two West Virginia branches to Citizens Bank of West Virginia, Inc.
We are very excited to welcome these West Virginia clients into the Citizens family, said Nathaniel S. Bonnell, President and Chief Executive Officer of Citizens Bank of West Virginia, Inc.
Community Bank is a Pennsylvania-chartered commercial bank.
About Citizens Bank of West Virginia, Inc.
Citizens Bank of West Virginia, Inc., is a West Virginia bank with assets of $490 million headquartered in Elkins, West Virginia.
For more information about Citizens Bank of West Virginia, Inc., visit us online at www.citizenswv.com .

BCT-Bank of Charles Town Approved as SBA Preferred Lender, the First for a West Virginia-Chartered Bank

Retrieved on:

Thursday, December 9, 2021

Being selected as a Preferred Lender for the SBA allows us to keep decision-making local to provide access to a broad range of SBA-backed loans,"stated Alice Frazier, President and CEO.

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Being selected as a Preferred Lender for the SBA allows us to keep decision-making local to provide access to a broad range of SBA-backed loans,"stated Alice Frazier, President and CEO.
"Small business owners who apply for an SBA loan through BCT will work with a team of SBA experts ensuring a quality customer experience."
Founded in 1871 and celebrating their 150th year of service, BCT - Bank of Charles Town, also known as The Community's Bank, is a wholly owned subsidiary of Potomac Bancshares, Inc. (OTC:PTBS).
The Bank also offers commercial lines and term loans, residential and commercial construction, commercial real estate loans and agricultural loans.

Energy Services of America Announces Financial Results for the Fiscal Year ended September 30, 2021

Retrieved on:

Thursday, December 9, 2021

Forgiveness, Nidec-Shimpo America Corporation, Energy, Company, Mission statement, Acquisition, EBITDA, Growth, PPP, Calendar, Tobacco

HUNTINGTON, W.Va., Dec. 9, 2021 /PRNewswire/ -- Energy Services of America Corporation (the "Company" or "Energy Services") (OTCQB: ESOA), generated revenues of $122.5 million, adjusted EBITDA of $3.8 million, net income available to common shareholders of $8.8 million and fully diluted earnings per share of $0.52 for the fiscal year ended September 30, 2021.

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HUNTINGTON, W.Va., Dec. 9, 2021 /PRNewswire/ -- Energy Services of America Corporation (the "Company" or "Energy Services") (OTCQB: ESOA), generated revenues of $122.5 million, adjusted EBITDA of $3.8 million, net income available to common shareholders of $8.8 million and fully diluted earnings per share of $0.52 for the fiscal year ended September 30, 2021.
Subsequent to the end of the fiscal year, the Company was awarded a $5.8 million verdict in a previously disclosed lawsuit against a former customer.
"I am pleased with the progress we made during fiscal 2021 as we continue to build the foundation for future growth.
Below is a comparison of the Company's operating results for fiscal year 2021 compared to fiscal year 2020:

MVB Financial Earns 2021 Great Place to Work Certification™

Retrieved on:

Tuesday, December 7, 2021

MVB Financial Corp. (MVB Financial, MVB) (NASDAQ: MVBF) has been Certified by Great Place to Work.

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MVB Financial Corp. (MVB Financial, MVB) (NASDAQ: MVBF) has been Certified by Great Place to Work.
Great Place to Work Certification isnt something that comes easily it takes ongoing dedication to the employee experience, said Sarah Lewis-Kulin, Vice President of Global Recognition at Great Place to Work.
According to Great Place to Work research , job seekers are 4.5 times more likely to find a great boss at a Certified great workplace.
MVB Financial Corp. (MVB Financial or MVB), the holding company of MVB Bank, Inc., is publicly traded on The Nasdaq Capital Market under the ticker MVBF.

Major Broadcasters Launch NEXTGEN TV on Five Local Television Stations in Charleston, West Virginia

Retrieved on:

Monday, December 6, 2021

NEXTGEN TV adds a new dimension to TV viewing, with vibrant video and new Voice+ dialogue enhancement that brings voices to the foreground.

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NEXTGEN TV adds a new dimension to TV viewing, with vibrant video and new Voice+ dialogue enhancement that brings voices to the foreground.
Features available on NEXTGEN TV will vary by device and station as broadcasters roll out service across the country.
Todays launch in Charleston follows a decade of development and months of planning and preparation by the local stations.
WSAZ-TV will broadcast its own programming, as well as the programming of the other participating stations, in NEXTGEN TV format.

United Bankshares, Inc. Completes Its Acquisition of Community Bankers Trust Corporation

Retrieved on:

Friday, December 3, 2021

Banking, Professional Services, Finance, CEO, Technology, Acquisition, Nicolet Bankshares, United Bank, Bank, Nasdaq, Region, NASDAQ

United Bankshares, Inc. (United) (NASDAQ: UBSI ), the parent company of United Bank, announced the completion of its acquisition of Community Bankers Trust Corporation (Community Bankers Trust) (NASDAQ: ESXB ), the parent company of Essex Bank with $1.7 billion in assets, headquartered in the greater Richmond region.

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United Bankshares, Inc. (United) (NASDAQ: UBSI ), the parent company of United Bank, announced the completion of its acquisition of Community Bankers Trust Corporation (Community Bankers Trust) (NASDAQ: ESXB ), the parent company of Essex Bank with $1.7 billion in assets, headquartered in the greater Richmond region.
We are extremely pleased to have Community Bankers Trust joining United, said Richard M. Adams, Chairman and CEO of United.
The Community Bankers Trust transaction represents the 33rd acquisition of the current administration of United and will result in a combined organization that ranks as the 41st largest banking company in the U.S. based on market capitalization.
Former Community Bankers Trust President and CEO, Rex L. Smith III, stated, We are excited to become a part of the United Bank family.

Orangetheory Fitness and Comfort Cases Team Up for 3rd Year For "Packing Parties" to Support Youth in Foster Care - December 4th & December 11th

Retrieved on:

Friday, December 3, 2021

Awareness, Hope, Health, Organization, Orangetheory Fitness, Comfort, Residential care

Comfort Cases' mission is to eliminate the demoralizing practice of placing children in homes with their belongings stuffed into trash bags.

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Comfort Cases' mission is to eliminate the demoralizing practice of placing children in homes with their belongings stuffed into trash bags.
"With more than 700 children entering foster care every day, and more than 400,000 children in foster care nationwide, it's so important to not just raise awareness, but to also provide hope and dignity to them by giving back to these children," states Comfort Cases founder Rob Scheer. "
"This is our 3rd year partnering with Comfort Cases to benefit these local organizations and our kids here in West Virginia," states Matt Higgins, Orangetheory Fitness franchisee.
NOTE: Spokespeople from Orangetheory Fitness, Comfort Cases and beneficiary agencies are available for interview prior to and on the day of the packing parties.

The Banker Names MVB Bank as 2021 Bank of the Year – United States

Retrieved on:

Thursday, December 2, 2021

MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (MVB Financial) (NASDAQ: MVBF) has been named Bank of the Year United States for 2021 by The Banker magazine, a leading global finance news publication published by the Financial Times of London.

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MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (MVB Financial) (NASDAQ: MVBF) has been named Bank of the Year United States for 2021 by The Banker magazine, a leading global finance news publication published by the Financial Times of London.
MVB Bank was the only financial institution to receive the Bank of the Year United States honor.
Team MVB is extremely excited and grateful to be named Bank of the Year United States for 2021 by the prestigious publication, The Banker, said Larry F. Mazza, President and CEO, MVB Financial, who accepted the award during the ceremony.
MVB Financial Corp. (MVB Financial or MVB), the holding company of MVB Bank, Inc., is publicly traded on The Nasdaq Capital Market under the ticker MVBF.

Consumer Group Issues Warning, West Virginia Pensions may be Tied to China

Retrieved on:

Thursday, December 2, 2021

Research, Consumer, Congress, Awareness, Communist party, Investment, Chinese, Pension, Consumers' Research, Multimedia, BlackRock, Cryptocurrency

The Warning also lists the top ten states whose public pension funds are invested with BlackRock, including West Virginia with a reported total of $2.1 billion .

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The Warning also lists the top ten states whose public pension funds are invested with BlackRock, including West Virginia with a reported total of $2.1 billion .
"Today BlackRock manages nearly $10 trillion of Americans' hard-earned money," said Will Hild, Executive Director of Consumers' Research.
As part of their effort to make West Virginians aware of the vulnerability of their pensions, Consumers' Research will also be launching a targeted digital campaign featuring this ad .
Earlier this Fall, the consumer protection group also released this hard-hitting TV ad focused on BlackRock's relationship with the Chinese Communist Party.

Victor Raises $6M Seed Round to Help Banks Partner with Fintechs

Retrieved on:

Thursday, December 2, 2021

Additionally, Victor has built a proprietary virtual account ledgering solution with instant virtual account creation via API.

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Additionally, Victor has built a proprietary virtual account ledgering solution with instant virtual account creation via API.
Building a robust virtual ledgering solution was a top priority for Victor.
This seed funding from MVB Edge Ventures will help Victor expand its service offering to include Push-to-Card payments and virtual card issuing, as well as to accelerate its Vantage suite of risk management tools for banks.
Victor APIs help Fintech companies embed financial solutions within their apps and its Vantage tools help banks manage Fintech program risk and compliance at scale.