City Holding completes Va. acquisition - WBOY.com: Clarksburg, Morgantown: News, Sports, Weather

City Holding completes Va. acquisition

Posted: Updated:
  • Local NewsMore>>

  • Main Street Fairmont Offers Sign and Facade Improvement Grants

    Main Street Fairmont Offers Sign and Facade Improvement Grants

    Friday, April 18 2014 8:16 AM EDT2014-04-18 12:16:22 GMT
    Main Street Fairmont is looking to give away grants through the Sign and Facade Improvement Grant Program, which provides funding for beautification efforts in downtown Fairmont. The program is facilitated
    Main Street Fairmont is looking to give away grants through the Sign and Facade Improvement Grant Program, which provides funding for beautification efforts in downtown Fairmont. The program is facilitated
  • North Central WV Weekend Outlook for April 18-20

    North Central WV Weekend Outlook for April 18-20

    Friday, April 18 2014 4:00 AM EDT2014-04-18 08:00:12 GMT
    With it being a holiday weekend, there's not much in the way of fairs or festivals scheduled, but there's still plenty to do around north central West Virginia. Saturday: Stonewall Resort, in Lewis County,
    With it being a holiday weekend, there's not much in the way of fairs or festivals scheduled, but there's still plenty to do around north central West Virginia. Saturday: Stonewall Resort, in Lewis County,
  • Try-Again Homes to Host Open House April 25th

    Try-Again Homes to Host Open House April 25th

    Friday, April 18 2014 12:12 AM EDT2014-04-18 04:12:24 GMT
    Try-Again Homes will hold an open house on Friday, April 25th, to educate potential foster parents, and encourage people to open their homes to foster children.According to Try-Again Homes, in the United
    Try-Again Homes will hold an open house on Friday, April 25th, to educate potential foster parents, and encourage people to open their homes to foster children.According to Try-Again Homes, in the United

City Holding Co. announced Jan. 11 that it had completed the acquisition of Community Financial Corp. of Staunton, Va., and its wholly owned subsidiary, Community Bank effective Jan. 10.

In connection with the acquisition, City repaid Community's borrowings under the U.S. Troubled Asset Relief Program (TARP) of $12.6 million on Jan. 9. The merger, which was announced in August 2012, received the approval of all required regulatory agencies in December and Community's shareholders on Jan. 8.

With the acquisition of Community Bank, City grows to $3.4 billion in assets and operates 84 banking offices in West Virginia, Virginia, Kentucky, and Ohio.