In what likely might be a numbered case — a small U.S financial institution in West Virginia has become the first U.S financial institution to fall because of the Coronavirus. According to Market Watch, the First State Bank of Barboursville will shutter and reopen as MVP Bank as of Saturday. The bank has more than $139.5m in deposits and all will transfer with it.
A U.S bank has crashed due to the Coronavirus
In what likely might be a numbered case — a small U.S financial institution in West Virginia has become the first U.S financial institution to fall because of the Coronavirus. According to Market Watch, the First State Bank of Barboursville will shutter and reopen as MVP Bank as of Saturday. The bank has more than $139.5m in deposits and all will transfer with it.