_america39s-top-5-best-banks-2024.jpg "America's Top 5 Best Banks 2024 from cgi finance france 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: 22.3M times
✓ Published: 25-Apr-2024
👁 View: 22.3M 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
_what-is-a-taxable-or-tax-deferred-account.webp "Use our guide to decide which assets belong in a taxable account and which go into a tax-advantaged account.")
_planning-and-preparing-for-retirement.webp "As you inch closer to retirement, here are three big-picture things you need to think through to be financially and emotionally prepared.")
_green-hydrogens-hype-hits-some-very-expensive-hurdles.webp "A fight over a vital federal tax credit intended to kickstart a market for clean hydrogen and worries over high production costs are cooling near-term expectations for the climate-friendly fuel.<br/><br/>0:00 Introduction<br/>0:30 Green v Grey Hydrogen<br/>6:01 What Are The Biden Administration Carbon Goals?<br/>9:59 Is Green Hydrogen Realistic?<br/>14:47 Blue Hydrogen And Carbon Capture<br/>16:50 How Will Costs Come Down?<br/>21:00 What’s Next For Green Hydrogen?<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/alanohnsman/2024/04/16/green-hydrogens-hype-hits-some-very-expensive-hurdles/?sh=71cc54e16e57<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.")
_39should-have-sold-our-entire-36tsla-position39-says-fund-manager-following-ev-giant39s-coordinated-global-price-cuts-ov.webp "Black said he cut his Tesla earnings estimate and price target to reflect the weekend EV price cuts in the U.S. and China.<br/><br/>The analyst estimates a revenue impact of $2.7 billion per year and 60 cents per share in earnings from price cuts across the world.")
_tips-on-saving-money-on-your-broadband.webp "Broadband bills are rising – but there are ways to pay less for your internet connection. We show you how to keep your broadband costs low")
_tiktok39s-ban-bill-nightmare-is-just-beginning.webp "On Wednesday, President Joe Biden signed into law a bill that will force China-based social media giant ByteDance to sell its crown jewel TikTok. If it does not, the app will be banned in the United States—an unprecedented move that would be the first instance of this country prohibiting a foreign-owned social media app.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/alexandralevine/2024/04/25/tiktok-ban-bill-bytedance-divest-china-biden/?sh=7e8fa37f55d7<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.")
_what-fallout-looks-like-without-special-effects.webp "\")
_these-self-storage-reits-yield-up-to-4-9-and-have-track-records-of-dividend-growth.webp "Self-storage center real estate investment trusts (REITs) are companies that specialize in owning and operating income-generating storage facilities, commonly known as self-storage centers. Self-store center REITs invest in properties where individuals and businesses can rent space to store their belongings, such as furniture, household items, business inventory, and vehicles of all types.<br/><br/>Investors in self-storage center REITs benefit from the income generated through leasing storage units to tenants. The demand for self-storage has been driven by various factors, including residential moves, downsizing, and businesses seeking additional space.<br/><br/>If you're interested in investing in a self-storage REIT, here are two you could buy today.")
_what-is-a-taxable-or-tax-deferred-account.jpg)
_planning-and-preparing-for-retirement.jpg)
_green-hydrogens-hype-hits-some-very-expensive-hurdles.jpg)
_39should-have-sold-our-entire-36tsla-position39-says-fund-manager-following-ev-giant39s-coordinated-global-price-cuts-ov.jpg)
_tips-on-saving-money-on-your-broadband.jpg)
_tiktok39s-ban-bill-nightmare-is-just-beginning.jpg)
_what-fallout-looks-like-without-special-effects.jpg)
_these-self-storage-reits-yield-up-to-4-9-and-have-track-records-of-dividend-growth.jpg)
![[+]](/images/menu.gif){kind=small}