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The failures of Silicon Valley Bank and peers like First Republic Bank made 2023 the most tumultuous year for the banking industry since the 2008 crisis, but for some small community banks, the chaos hardly registered.<br/><br/>City Holding Co., the parent company of West Virginia's City National Bank with $6.2 billion in assets, is based in the capital city of Charleston, in a region of Appalachia known for coal. West Virginia is a state whose population of 1.8 million is on the decline, but president and CEO Skip Hageboeck sees that as an asset instead of a drawback. Major banks don’t reinvest much in West Virginia and surrounding towns in Virginia, Ohio and Kentucky to compete for customers, and City National has steadily increased its market share. Thanks to its focus primarily on retail banking rather than catering to businesses, just $894 million out of $5.1 billion (17.5%) in deposits are uninsured, according to its most recent call report, compared with 41% of total deposits at all U.S. banks.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/hanktucker/2024/04/04/americas-best-banks-2024/?sh=2fd50226d762<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

America's Top 5 Best Banks 2024

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bunnybeagle101

Best Buy Wheels in Virginia Beach VA 757-305-1999

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Authorities are on high alert for another whale stranding after a large group of pilot whales got stuck in shallow waters off the WA coast yesterday. Dozens of beached whales died or needed to be euthanised near Dunsborough, but many more were rescued.

Authorities on high alert after whale stranding on WA beach

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Eann

5 HIGHEST PAYING medical courier companies $2,500 a WEEK delivering MEDICAL SUPPLIES | Use Your Car

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best buy virginia bulgarians inside 2011

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This impressive, beautifully presented second floor flat forms part of a handsome B-Listed traditional tenement in the fashionable Portobello district of the city, a stone's throw from the promenade with excellent views of Portobello beach.

Step inside 60\ 4 Bath Street next to Portobello Beach

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Travel More

10 BEST Things To Do In Virginia Beach 🇺🇸 VA

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TravelScout

Best Things To Do in Virginia Beach, Virginia

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A video capturing a wombat walking through water on a Tasmanian beach, described by experts as \

Wacky wombat goes for a swim at Tasmanian beach

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Destination Do's

10 Amazing VIRGINIA BEACH Attractions!

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Living In Coastal Virginia

5 SECRET spots locals wont tell you about in Virginia Beach

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