Source: October 8, 2015 Read More →

NOTICE Notice of Application for Merger of Bank Holding Companies

Notice of Application for
Merger of Bank Holding Companies
Premier Financial Bancorp, 2883 Fifth Avenue, Huntington, West Virginia intends to apply to the Federal Reserve Board for permission to acquire another bank holding company at Ronceverte, West Virginia. We intend to acquire control of First National Bankshares Corporation, of One Cedar Street, Ronceverte, West Virginia. The Federal Reserve considers a number of factors in deciding whether to approve the application/notice including the record of performance of banks we own in helping to meet local credit needs.
You are invited to submit comments in writing on this application/notice to the Federal Reserve Bank of Richmond, P.O. Box 27622, Richmond, VA  23261. The comment period will not end before November 2, 2015 and may be somewhat longer. The Board’s procedures for processing applications/notices may be found at 12 C.F.R. Part 262.  Procedures for processing protested applications/notices may be found at 12 C.F.R. 262.25. To obtain a copy of the Federal Reserve Board’s procedures, or if you need more information about how to submit your comments on the application/notice, contact Adam M. Drimer, Assistant Vice President, at (804) 697-8980.  The Federal Reserve will consider your comments and any request for a public meeting or formal hearing on the application/notice if they are received in writing by the Reserve Bank on or before the last day of the comment period.  The public is also invited to submit written comments regarding this application to the West Virginia Department of Financial Institutions.  Write Commissioner of Financial Institutions, 900 Pennsylvania Avenue, Suite 306, Charleston, West Virginia 25302.