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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 👁 21.3M

ViewCation

Best Things to Do in Charlottesville, Virginia

⏲ 8 minutes 7 seconds 👁 6.8K

Where Next Travel

Top 6 Things To Do In Charlottesville, VA!

⏲ 6 minutes 27 seconds 👁 19.5K

Sérgio Godinho's 25 April: From exile in Canada to freedom in Portugal

⏲ 2:40 👁 9.3M

University of Virginia

This is Charlottesville

⏲ 2 minutes 21 seconds 👁 53.5K

8 News Now — Las Vegas

Questions remain 16 months after dual raids on Area 51 website creator

⏲ 5 minutes 43 seconds 👁 194.2K

A Rocket Lab Electron rocket launched the NROL-123 mission from the company's Launch Complex 2 (LC-2) at NASA's Wallops Flight Facility in Virginia<br/><br/>Credit: Rocket Lab

Rocket Lab Launched US Spy Satellites From Virginia

⏲ 11:10 👁 1.4M

CNN

CNN Charlottesville panel erupts: I won't be attacked on my blackness!

⏲ 9 minutes 15 seconds 👁 573.2K

The Home Team

The Pros and Cons of Living in Virginia (What you should know before moving here!)

⏲ 21 minutes 49 seconds 👁 17K

Former president Trump took to Truth Social Wednesday to claim that the deadly 2017 rally in Charlottesville, Virginia was “a ‘peanut’” compared to recent protests against Israel’s war in Gaza. Veuer’s Matt Hoffman has the story.

Trump Is Now Comparing Israel Protests to Charlottesville

⏲ 1:10 👁 7.2M

Kevin Eassa

THE DEVIL'S BATHTUB, VIRGINIA

⏲ 9 minutes 25 seconds 👁 54.9K

World According To Briggs

What are Virginia's Best Rural Towns to Retire or Buy a Home.

⏲ 14 minutes 29 seconds 👁 174.9K

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