State Hub
Bank Events in West Virginia
Every FDIC-insured bank failure, merger or acquisition involving a bank, credit union or bank holding company, and regulatory enforcement action affecting banks headquartered in West Virginia (WV).
Failures in West Virginia
| Date | Bank | Assets |
|---|---|---|
| Apr 3, 2020 | The First State Bank | $151.8M |
| Sep 19, 2008 | Ameribank, Inc. | $104.0M |
| Sep 1, 1999 | First NB of Keystone | $1.12B |
| May 8, 1992 | Shenandoah FSA | $94.2M |
| Sep 13, 1991 | Evergreen FS & La | $40.3M |
| Apr 5, 1991 | The Blueville Bank of Grafton | $48.1M |
| Feb 23, 1990 | First Standard Fed. Savings Assoc. | $77.6M |
| Feb 23, 1990 | First Federal Sav. ASSOC./BLUEFIELD | $39.3M |
| May 12, 1989 | Lewis County Savings and Loan Co | $4.0M |
| Feb 3, 1984 | The Tucker County Bank | $15.4M |
| Nov 5, 1982 | The First National Bank of South Charlesto | $28.6M |
| Sep 12, 1980 | The Metro BK of Huntington, Inc. | $27.0M |
| Mar 7, 1939 | The Point Pleasant National Bank | $461K |
| Nov 1, 1938 | Kermit State Bank | $120K |
| Aug 31, 1937 | Farmers Bank & Trust Company | $1.3M |
Mergers & Acquisitions involving West Virginia banks
| Date | Acquired (WV) | Acquirer |
|---|---|---|
| Aug 31, 1991 | Beckley National Bank | Bank One, West Virginia, Beckley, National Association |
| Jul 23, 1991 | First Federal Savings and Loan Association | First Empire Federal Savings and Loan Association |
| Jun 25, 1991 | Ovb Stonehenge KY, Inc. | One Valley Bank, National Association |
| May 1, 1991 | Lavalette State Bank | Huntington Bank Huntington National Association |
| Apr 29, 1991 | The National Bank of Ansted | Montgomery National Bank |
| Apr 27, 1991 | The Peoples National Bank of Rowlesburg | Community Bank & Trust, National Association |
| Apr 1, 1991 | Jackson County Education Federal Credit Union | Ravenswood Federal Credit Union |
| Mar 22, 1991 | The Commercial Bank of Bluefield | One Valley Bank of Mercer County, Inc. |
| Jan 2, 1991 | 2nd Avenue Bank of South Charleston | Shawnee Bank, Inc. |
| Jan 1, 1991 | Ameribank, Welch, West Virginia, Inc. | Ameribank |
| Jan 1, 1991 | The Bank of War | Ameribank |
| Oct 26, 1990 | The National Bank of Commerce of Nitro | Huntington Bank Charleston N.A. |
| Oct 19, 1990 | The National Bank of Commerce of South Charleston | Huntington Bank Charleston N.A. |
| Oct 1, 1990 | Mcea West Virginia Federal Credit Union | Chessie Federal Credit Union |
| Oct 1, 1990 | Potomac Bancorp, Inc. | WM Bancorp |
| Sep 14, 1990 | The National Bank of Commerce of Belle | Huntington Bank Charleston N.A. |
| Sep 1, 1990 | First National Bank of Weirton | United National Bank - North |
| Aug 1, 1990 | The Farmers and Citizens State Bank | Bank One, West Virginia, Charleston, National Association |
| Jul 1, 1990 | Universal Bancorp | Hometown Bancshares, Inc. |
| Jul 1, 1990 | Morgan County State Bank, Inc. | One Valley Bank-East, N.A. |
| Jun 28, 1990 | Ovb Mishawaka in, Inc. | One Valley Bank, National Association |
| Jun 28, 1990 | One Motel, Inc. | One Valley Bank, National Association |
| Jun 28, 1990 | Ovb Monroe NC, Inc. | One Valley Bank, National Association |
| May 9, 1990 | First Community Bancshares Inc | First Community Bankshares, Inc. |
| May 9, 1990 | Flat Top Bankshares Inc | First Community Bankshares, Inc. |
| Apr 1, 1990 | Penmetal Federal Credit Union | Blennerhassett Federal Credit Union |
| Mar 1, 1990 | The Gauley National Bank | The Merchants National Bank of Montgomery |
| Mar 1, 1990 | Bi-Centennial Federal Credit Union | Morgantown a E S Federal Credit Union |
| Jan 2, 1990 | First National Bank of West Hamlin | The Twentieth Street Bank |
| Jan 1, 1990 | Equitable Mortgage Company | The First State Bank |
| Dec 31, 1989 | UBS Holding Company, Inc. | United Bankshares, Inc. |
| Dec 29, 1989 | First Banc Securities Inc | Huntington Bancshares West Virginia, Inc. |
| Dec 16, 1989 | Western Greenbrier National Bank | Greenbrier Valley National Bank |
| Oct 5, 1989 | Weston Hospital Federal Credit Union | Harrison County Federal Credit Union |
| Sep 30, 1989 | Cherry River National Bank of Richwood | (unnamed) |
| Sep 30, 1989 | C.R.N.B.SHARES, Inc. | First Community Bancshares Inc |
| Sep 1, 1989 | The Lowndes Bank | Community Bank & Trust |
| Sep 1, 1989 | Consolidated Banc Shares | CB&T Financial Corp |
| Aug 28, 1989 | The First National Bank of Ripley | United Bank |
| Jul 1, 1989 | Elk National Bank | United Bank |
| Jul 1, 1989 | Webster County National Bank | United National Bank - Central |
| Jul 1, 1989 | Kanawha Union Bank | United National Bank - Central |
| Jul 1, 1989 | Ohio Valley National Bank of Vienna | United Bank |
| Jul 1, 1989 | Ideal Credit Union | West Virginia Central Federal Credit Union |
| May 9, 1989 | Ibew 596 Federal Credit Union | Harrison County Federal Credit Union |
| Jan 23, 1989 | Community Bank & Trust-Stonewall, National Association | Community Bank & Trust, National Association |
| Jan 1, 1989 | The Old National Bank of Jefferson County | One Valley Bank-East, N.A. |
| Dec 31, 1988 | Valley Bank and Trust Company | (unnamed) |
| Nov 1, 1988 | The First National Bank of Grafton | (unnamed) |
| Sep 19, 1988 | Crossroads National Bank | Bank of Raleigh |