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Form S-4/A NATIONAL BANKSHARES INC

Local bank deposits fell by nearly $3B over past 12 months

Of the 27 banks with a retail presence in the local market, 16 reported a decline in deposits in their Richmond-area locations over the last year.

DCI's Technology and Service are Cornerstones to New Horizon Bank Partnership

/PRNewswire/ Data Center Inc. (DCI), the privately-owned developer of digital banking and fintech processing solutions, recently signed a processing.

'Bad Wig Bandit' Back At It, Robs 4th NC Bank

The man dubbed the "Bad Wig Bandit" for his propensity to wear distinctive wigs while robbing banks has struck again, the FBI said. According to the FBI,…

Powhatan bank gets new owner, $5M in fresh capital for digital push

Powhatan bank gets new owner, $5M in fresh capital for digital push BizSense file) New Horizon Bank, which since its founding 11 years ago has been the smallest bank in the Richmond region, is ready to try to play with the big boys. The $103 million Powhatan-based bank was taken over last month by CSBH LLC, a new holding company created by veteran banker Doug Mitchell and investor Uriel Cohen out of New York. While the deal was first announced in January 2020, details about CSBH’s plans for the rural bank were scant. But upon closing the deal March 1, Mitchell elaborated on the new regime’s strategy: to turn the one-branch bank into a growing institution focused on expansion around Richmond and beyond, mainly through online banking.