Ohio bank enters WV energy market - WBOY.com: Clarksburg, Morgantown: News, Sports, Weather

Ohio bank enters WV energy market

Posted: Updated:
  • Local NewsMore>>

  • Extreme Sports Opens Its Doors In The Meadowbrook Mall

    Extreme Sports Opens Its Doors In The Meadowbrook Mall

    Friday, August 1 2014 11:44 PM EDT2014-08-02 03:44:28 GMT
    Extreme Sports opened its doors to the public Friday in the Meadowbrook Mall offering many unique sporting items.
    Extreme Sports opened its doors to the public Friday in the Meadowbrook Mall offering many unique sporting items.
  • State Police and WVU Give Students a Look at Crime Scene Investigations

    State Police and WVU Give Students a Look at Crime Scene Investigations

    Friday, August 1 2014 7:57 PM EDT2014-08-01 23:57:06 GMT
    The West Virginia State Police took it's mobile forensic center to the WVU campus for future crime scene investigators to check out.Middle school and high school students from all over went to the university to learn several different methods for crime scene investigating.
    The West Virginia State Police took it's mobile forensic center to the WVU campus for future crime scene investigators to check out.Middle school and high school students from all over went to the university to learn several different methods for crime scene investigating.
  • Mountaineer Mall Area Robotics Hosts First FRC Competition in West Virginia

    Mountaineer Mall Area Robotics Hosts First FRC Competition in West Virginia

    Friday, August 1 2014 7:56 PM EDT2014-08-01 23:56:21 GMT
    It was the first of it's kind. The state of West Virginia has never hosted a First Robotics Competition until now. Twenty four teams, from 13 states and 2 countries, competed for the top spot at the WVU Recreation Center."The practice matches we did were the first FRC matches ever done in West Virginia," said Autumn Baker, a Mountaineer Area RoboticS team member. "That feels really good that we can sort of pioneer this type of event."Mountaineer Area Robotics (MARS) put together the event tha...
    It was the first of it's kind. The state of West Virginia has never hosted a First Robotics Competition until now. Twenty four teams, from 13 states and 2 countries, competed for the top spot at the WVU Recreation Center."The practice matches we did were the first FRC matches ever done in West Virginia," said Autumn Baker, a Mountaineer Area RoboticS team member. "That feels really good that we can sort of pioneer this type of event."Mountaineer Area Robotics (MARS) put together the event tha...

Peoples Bank of Marietta, Ohio, has formed a new department to provide financial resources to upstream and midstream energy companies, including those in West Virginia.

Bank officials say serving needs in the energy industry is not new to the company. In 1902, a group of oilmen needed loans for expansion. Because they couldn't come up with necessary capital with established banks, they group created their own bank — The Peoples Banking and Trust Company

Milton Haynes, Peoples Bank vice president of energy, heads the new department. Haynes focuses on reserve-based lending, commercial and equipment finance, working capital, treasury management and investment and insurance services for oil and gas companies.

Haynes joined Peoples Bank in 2011 as vice president of special assets. He has more than 20 years of banking and industry experience. In addition to his banking career, Haynes spent five years with an oil and gas production company, and two years as a private industry consultant.

Peoples Banks is a subsidiary of Peoples Bancorp, which has $1.9 billion in assets, 47 locations and 44 ATMs in Ohio, West Virginia and Kentucky.