First Bank Participates In Nationwide Financial Bee Created By EVERFI

Maintaining its long-standing commitment to support financial literacy in the communities across the Carolinas, First Bank is sponsoring the EVERFI National Financial Bee—a first-of-its-kind nationwide financial literacy challenge for students in 7th to 10th grade. Hosted and created by EVERFI, the National Financial Bee takes place April 20-30, 2020, and provides an opportunity for students to have some fun and learn critical financial concepts at home while social distancing during the current pandemic. It features a short daily...

Bankera Launches Its Online Banking Platform

Bankera, an ambitious project to build a neobank for the digital era, has started to offer payment accounts to individual and business clients as a low-cost, fast and convenient alternative to traditional bank accounts. Individual and business clients who sign up to the service can already enjoy dedicated European IBAN accounts to send and receive funds via SEPA and SWIFT transfers. The entire remote account opening process takes place online and can be completed quickly...

Banner Bank Expands Pandemic Relief and Support Initiatives

Banner Bank today announced the addition of several new relief and support elements to assist clients, colleagues and communities with the issues and challenges related to the Coronavirus pandemic. “We are in unprecedented times—for the first time ever a health crisis has quickly evolved to also become an economic crisis, creating far-reaching impacts to clients and the communities we serve,” said Mark Grescovich, President & CEO. “In our 130 years, we have navigated many economic...

MVB Bank Acquires Deposits and Certain Assets of The First State Bank

MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial” or “MVB”) and its wholly-owned subsidiary MVB Bank, Inc. (“MVB Bank”) announced that MVB Bank has purchased the deposits and certain assets of The First State Bank (“First State”) through an agreement with the Federal Deposit Insurance Corporation (FDIC). The West Virginia Department of Financial Institutions declared First State insolvent today and appointed the FDIC as receiver. The purchase by MVB Bank is effective immediately. As of December...

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