_america39s-top-5-best-banks-2024.jpg "America's Top 5 Best Banks 2024 from first bank online payment Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 2:53
👁 View: 23.6M times
✓ Published: 25-Apr-2024
👁 View: 23.6M times
✓ Published: 25-Apr-2024
Description:
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.
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.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_nfl-draft-props-the-color-of-caleb-williams39-nails.webp "Erin 'The Hawk' Hawksworth has found a GREAT NFL Draft prop bet!")
_gen-z-publicans-pay-off-stonehenge-hotel-in-western-queensland-with-loan-from-former-owner.webp "This feel-good story starts a bit like a common joke: two 'young and dumb' schoolmates walk into a pub… But the rest is no joke because they bought it. In fact, the young men in western Queensland bypassed the banks and struck a deal with the pub's former owner, and two years on they've paid off their investment.")
⏲ 3:9 👁 1.8M
_youth-advocacy-centre-taking-legal-action-against-qld-govt-over-watch-house-crisis.webp "A youth advocacy body is preparing to take legal action against the Queensland government over allegations of mistreatment of young people in the state's watch houses. The youth advocacy centre has accused the government of failing to protect children from abuse including alleged sexual assault.")
_behind-the-numbers-3643-5-trillion-the-amount-of-assets-managed-by-investment-companies.webp "$43.5 trillion: That's the amount managed by asset managers, twice as much as all US banks combined. A growing trend that's making people happy.<br/><br/>The not-to-be-missed story behind important numbers, in one minute every week!")
⏲ 1:16 👁 8.6M
_first-ministers-questions-thursday-april-26-2024.webp "First Ministers Questions - Thursday April 26 2024<br/>Humza Yousaf faces questions in the Scottish Parliament on the day he dissolved the Bute House Agreement with the Scottish Green Party")
_watch-in-my-feed-grab-these-mother39s-day-gifts-under-3650.webp "Mother’s Day is the one day a year when we officially celebrate the superheroes without capes—our moms. But showing appreciation doesn’t have to break the bank. For those seeking budget-friendly gift ideas, look no further. We’ve rounded up a selection of thoughtful Mother’s Day gifts—all priced under $50.")
_barclays-reports-lower-profits-for-the-start-of-the-year.webp "Barclays has reported lower profits for the start of the year, as mortgage lending and deposits dipped and its investment bank was squeezed amid prevailing economic uncertainty.")
_shredding-the-oregon-sand-dunes-on-the-2022-yamaha-yfz450r.webp "ATV Rider testing the YFZ450R in the dunes of Winchester Bay.<br/><br/>A sport quad is the best way to experience Oregon’s coastal dunes.<br/><br/>In case you missed it, we already posted our dune ride review of the 2022 Yamaha YFZ450R. Now we want you to experience some of the fun we had riding the YFZ450R with Yamaha and factory Yamaha ATV racer Dustin Nelson. The coastal sand dunes that reside next to the small seaport village of Winchester Bay, Oregon, was our playground. Off-road video guru Ray Gauger shot this amazing footage of the event, and our own digital wizard, Mark Williams, assembled it into this short clip.<br/><br/>If you’ve never been to Winchester Bay, you’re going to want to add it to your bucket list after watching this. Unlike most sand dune OHV locations in other states, Winchester Bay has actual trails that wind through the lower-elevation seagrass and the pine tree-covered peaks of the dunes. The trails venture into the trees with high sandy banks, hairpin twists, and some narrow sections that just cannot be navigated in a side-by-side.<br/><br/>Many will tell you that the best way to experience Winchester Bay is by attending DuneFest, a massive annual gathering of off-roaders that happens every August. And we agree. But on this particular midweek visit, we pretty much had the entire dune system to ourselves.<br/><br/>Enjoy the video!<br/><br/>Full story here: https://www.atvrider.com/story/videos/watch-yamaha-yfz450r-dune-ride-winchester-bay-video/<br/><br/>Video Credit: Ray Gauger videographer / Mark Williams editing")
_nfl-draft-props-the-color-of-caleb-williams39-nails.jpg)
_gen-z-publicans-pay-off-stonehenge-hotel-in-western-queensland-with-loan-from-former-owner.jpg)
_youth-advocacy-centre-taking-legal-action-against-qld-govt-over-watch-house-crisis.jpg)
_behind-the-numbers-3643-5-trillion-the-amount-of-assets-managed-by-investment-companies.jpg)
_first-ministers-questions-thursday-april-26-2024.jpg)
_watch-in-my-feed-grab-these-mother39s-day-gifts-under-3650.jpg)
_barclays-reports-lower-profits-for-the-start-of-the-year.jpg)
_shredding-the-oregon-sand-dunes-on-the-2022-yamaha-yfz450r.jpg)
![[+]](/images/menu.gif){kind=small}