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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

⏲ 2:53 👁 5.6M

Real Estate Investing and Landlord News

NYC Landlords Would Rather Leave Units Vacant Than Rent To Rent Controlled Tenants

⏲ 13 minutes 9 seconds 👁 4.3K

BBC News

What can New York do with its empty office buildings? - BBC News

⏲ 3 minutes 39 seconds 👁 51K

According to a new report from the CDC, the US birth rate is falling again after a brief rise following the pandemic. Veuer’s Matt Hoffman has the story.

America’s Birth Rate Is Falling Again

⏲ 0:53 👁 5.1M

Steven Van Metre

Monday's Bombshell: Biden Administration Set to Announce the Unexpected

⏲ 18 minutes 15 seconds 👁 29.6K

Breaking Politics Show

Trսmp НОRRІFІЕS WΟRLD aոd Роѕts МOЅТ ЅІCΚ VІDEО

⏲ 11 minutes 48 seconds 👁 9.2K

India urges a balanced approach between freedom of expression and public safety amid pro-Palestine protests in the US. Spokesperson Randhir Jaiswal stresses democracies are judged by domestic actions. Arrests follow demonstrations at major universities, demanding ties cut with Israeli institutions. <br/> <br/> <br/>#India #US #RandhirJaiswal #IndiaUSrelations #MatthewMiller #SJaishankar #Jaishankar #Worldnews #Oneinda #Oneindia news <br/>~HT.178~ED.101~GR.124~

Pro-Palestine Protests:India Calls on US to Respect Freedom of Speech Amid Arrests| Oneindia

⏲ 2:13 👁 3.5M

The EVs Queen

BYD Reveals Futuristic Ocean-M Concept at 2024 Beijing Auto Show

⏲ 6 minutes 5 seconds 👁 358

Morris Invest

WARNING: Hard Landing is coming for the US Economy

⏲ 6 minutes 55 seconds 👁 61.9K

Hopes of an interest rate cut this year have been dampened after worse than expected inflation figures. And in news no borrower wants to hear some experts are now discussing the prospect of a possible rate hike. It piles more pressure on the treasurer and his upcoming budget as more households struggle to balance their own.

Annual inflation drops to 3.6% in the March quarter

⏲ 2:5 👁 28.5M

Inflacija u BiH pojela radničke plate, a i “državni posao” sve manje atraktivan

⏲ 3 minutes 3 seconds 👁 344

Market Gains

NYC Loses All Their Wall Street Firms

⏲ 9 minutes 15 seconds 👁 12.5K

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