Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

marble falls

marble falls's Journal
marble falls's Journal
April 3, 2020

A Friday night tradition -- crisis-driven bank failures -- may be returning to the United States.

A bank in West Virginia is the first to fail in the virus crisis.

https://www.nytimes.com/2020/04/03/business/stock-market-today-coronavirus.html


A Friday night tradition — crisis-driven bank failures — may be returning to the United States.

The Federal Deposit Insurance Corporation on Friday took control of the First State Bank, based in Barboursville, W.Va. The agency sold the bank’s deposits and most of its assets to a neighbor in the same state, MVB Bank of Fairmount.

First State Bank’s president was the great-grandson of its founder. As of late Friday afternoon, its website still displayed a video that narrated its 115-year history. But its $140 million in deposits were no longer its own.

“The First State Bank has experienced longstanding capital and asset quality issues, operating with financial difficulties since 2015,” the F.D.I.C. said in a news release on Friday.

<snip>



Sounding more like another fucking GOP recession. Vote.

April 3, 2020

About Capt Crozier ...

https://en.wikipedia.org/wiki/Brett_Crozier

He grew up in Santa Rosa, California, graduating from Santa Rosa High School in 1988 prior to entering the U.S. Naval Academy.[7] After graduating in 1992, he became a Naval Aviator and was assigned as a SH-60B Seahawk pilot at Barbers Point, Hawaii.[8] He received his Master’s Degree in National Security and Strategic Studies from the Naval War College in 2007, and completed Nuclear Power School in 2014.[9]

Career

In April 2014, Crozier completed the Naval Nuclear Power training program and was executive officer of the aircraft carrier USS Ronald Reagan (Nuclear Aircraft Carrier). In June 2017, Crozier took command of USS Blue Ridge (amphious assault ship) in Yokosuka, Japan.

Decorations:

Legion of Merit w/ 1 gold service star, Defense Meritorious Service Medal w/ 1 silver oak leaf cluster, Meritorious Service Medal, Air Medal, Joint Service Commendation Medal, Navy and Marine Corps Commendation Medal w/ 2 gold service stars, Navy and Marine Corps Achievement Medal w/ 1 gold service star, Navy Meritorious Unit Commendation, Navy E Ribbon w/ 2 Battle E devices, National Defense Service Medal w/ 1 service star, Armed Forces Expeditionary Medal Iraq Campaign Medal w/ 1 service star, Global War on Terrorism Expeditionary Medal, Navy Sea Service Deployment Ribbon w/ 3 service stars Navy & Marine Corps Overseas Service Ribbon
NATO Medal, Navy Rifle Marksmanship Medal w/ "E" device Navy Pistol Marksmanship Medal w/ "E" device.

This is a seriously competent person.

Profile Information

Name: had to remove
Gender: Do not display
Hometown: marble falls, tx
Member since: Thu Feb 23, 2012, 04:49 AM
Number of posts: 57,422

About marble falls

Hand dyer mainly to the quilters market, doll maker, oil painter and teacher, anti-fas, cat owner, anti nuke, ex navy, reasonably good cook, father of three happy successful kids and three happy grand kids. Life is good.
Latest Discussions»marble falls's Journal