_america39s-top-5-best-banks-2024.jpg "America's Top 5 Best Banks 2024 from kuboid technologies 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: 680K times
✓ Published: 25-Apr-2024
👁 View: 680K 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
_biden-is-giving-366-billion-to-micron-technology-for-semiconductor-production.webp "Biden Is Giving $6 Billion , to Micron Technology , for Semiconductor Production.<br/>On April 25, President Biden will travel to Syracuse, NY, to announce over $6 billion in federal grants that his administration is awarding to Micron Technology, NPR reports. .<br/>Senate Majority Leader Chuck Schumer, who was heavily involved in enacting the CHIPS and Science Act, issued a statement about the investment. .<br/>This is the federal government taking back the reins, putting money where its mouth is when we say we want the future of tech to be stamped: 'Made in America.', Senate Majority Leader Chuck Schumer, via statement.<br/>Micron will invest $100 billion of the funds to construct a manufacturing facility in Syracuse.<br/>Schumer referred to the plan as \")
_mars-helicopter-ingenuity-spots-perseverance-rover-during-flight-51.webp "NASA's Mars helicopter Ingenuity flew for the 51st time. The Perseverance rover can be seen in the distance during the flight in an enhanced color image. <br/><br/>Credit: Space.com | footage courtesy: NASA/JPL-Caltech | edited by Steve Spaleta")
_china-rolls-out-long-march-2f-rocket-for-shenzhou-17-crew-launch.webp "A Long March 2F rocket will launch Shenzhou 17 taikonauts Tang Hongbo, Tang Shengjie and Jiang Xinlin from the Tiangong space station from the Jiuquan Satellite Launch Center. <br/><br/>Credit: Space.com | footage courtesy: China Central Television (CCTV) | edited by Steve Spaleta")
_is-this-the-end-of-cheap-flights-as-climate-compliance-laws-tightens.webp "Drive to decarbonise airline industry to reach net zero by 2050 risks pushing up prices for airplane tickets.")
_2024-toyota-c-hr-phev-in-precious-silver-driving-video.webp "The first Toyota C-HR was a milestone for both the Toyota brand and the European C-SUV segment. The next generation of the successful model is now being launched. It takes the outstanding quality of its predecessor to a higher level: with avant-garde design, advanced technologies and extensively improved electrified drives that offer higher performance, livelier driving dynamics and an extended electric range. The new model was developed in Europe with European customers in mind and will be built exclusively in Europe, including the assembly of the high-voltage batteries.<br/><br/>The first Toyota C-HR was a radical innovation in a highly competitive segment, breaking away from the traditional SUV look with its sharp-edged design that resembles the look of modern sports coupes. With great success: For more than half of the customers, the design of the vehicle was the main reason for the purchase. The C-HR became Toyota's most successful conquest model and helped give the brand a strong emotional dimension, thereby changing public perception of Toyota in Europe.<br/><br/>The new generation retains this design, which is reminiscent of a concept car, and combines it with a seamless digital user experience, electrified drives and agile driving characteristics. As such, the new Toyota C-HR has all the qualities to maintain its position as an iconic model, attract new customers and strengthen the Toyota brand in Europe.")
_tot-has-adorable-argument-with-alexa-after-it-can39t-make-out-what-she-says.webp "This is the funny moment a toddler got into an argument with Amazon Alexa after the virtual assistant struggled to understand her.<br/><br/>Video shows Aria Coleman, three, frustratedly pleading the gadget to play the popular children's song \")
_biden-is-giving-366-billion-to-micron-technology-for-semiconductor-production.jpg)
_mars-helicopter-ingenuity-spots-perseverance-rover-during-flight-51.jpg)
_china-rolls-out-long-march-2f-rocket-for-shenzhou-17-crew-launch.jpg)
_is-this-the-end-of-cheap-flights-as-climate-compliance-laws-tightens.jpg)
_2024-toyota-c-hr-phev-in-precious-silver-driving-video.jpg)
_tot-has-adorable-argument-with-alexa-after-it-can39t-make-out-what-she-says.jpg)
![[+]](/images/menu.gif){kind=small}