In what likely might be a numbered case — a small U.S financial institution in West Virginia has become the first U.S financial institution to fall because of the Coronavirus. According to Market Watch, the First State Bank of Barboursville will shutter and reopen as MVP Bank as of Saturday. The bank has more than $139.5m in deposits and all will transfer with it.
A U.S bank has crashed due to the Coronavirus
In what likely might be a numbered case — a small U.S financial institution in West Virginia has become the first U.S financial institution to fall because of the Coronavirus. According to Market Watch, the First State Bank of Barboursville will shutter and reopen as MVP Bank as of Saturday. The bank has more than $139.5m in deposits and all will transfer with it.
More from Fresh NewsMore posts in Fresh News »
- Report: Spain’s ex-soccer chief detained at airport in connection to ongoing corruption investigation
- Bazaar Express: Pressures mounting at home for Netanyahu, what’s on TV tonight, the latest in Gaza, across America in sixty seconds or less, plus more top stories tonight
- In wake of cop murder, four new NYPD classes are expected to hit the streets of NYC in ‘effort’ to combat the rise in above and underground crime
- Nat’l Guards are being deployed inside the subway system, here’s what to know as NY sets course for huge law enforcement presence
- Wendy Williams’s return to TV likely will never happen following heartbreaking health diagnosis
Be First to Comment