122
nd
ANNUAL REPORT
OF FINANCIAL INSTITUTIONS
Pursuant to W.Va. Code §31A-2-12
Under the Supervision of the
COMMISSIONER OF FINANCIAL INSTITUTIONS
Fiscal Year ending June 30, 2023
Dawn E. Holstein
Commissioner
TABLE OF CONTENTS
Division History 1
Division Activities 2
Division Staff 3
West Virginia Board of Banking & Financial Institutions Members 4
West Virginia Lending & Credit Rate Board Members 5-6
West Virginia Floating Usury Ceiling Rates 7
DEPOSITORY INSTITUTIONS:
State Chartered Banks Headquartered in West Virginia 8
Bank Applications Received and/or Acted Upon by the WVBBFI 9
State and National Bank Mergers 10
Parity Decisions 11
Fiduciary Powers 12
Report of Condition and Income for State and National Banks in West Virginia 13
Bank Holding Companies Operating in West Virginia 14-15
Bank Holding Company Formations and Dissolutions 16
State Chartered Credit Unions Headquartered in West Virginia 17
Report of Condition and Income for State Chartered Credit Unions in West Virginia 18
NONDEPOSITORY INSTITUTIONS:
West Virginia Licensed Mortgage Companies 19-29
West Virginia Licensed Money Transmitters 30-33
West Virginia Regulated Consumer Lenders 34
West Virginia Fintech Regulatory Sandbox Participants 35
1
DIVISION HISTORY
During the period between 1863 and 1891, state banks were entirely free from regulation and supervision by the
State. The Legislature in 1891 passed a law providing for a State Banking Department and authorized the Governor
to appoint a State Bank Examiner, to be under the jurisdiction and control of the Board of Public Works. The Office
of the Commissioner of Banking was created by Legislative enactment on February 21, 1901, and continues to
function under and by authority of West Virginia Code §31A, as amended.
The following officials served as heads of the State Banking Department. There was an official name change in
1989 to the Division of Banking, and on February 29, 2012 to the Division of Financial Institutions.
Name Title Year Served
Charles W. Young
Bank Examiner
1891
-
1892
C.A. Weaver
Bank Examiner
1893
-
1894
No Record
Bank Examiner
1895
-
1898
O.B. Wetzel
Bank Examiner
1899
-
1900
O.B. Kefauver
Bank Examiner
1900
-
1901
M.A. Kendall
Commissioner
1901
-
1905
S.V. Mathews
Commissioner
1905
-
1915
S. Preston Smith
Commissioner
1915
-
1919
Joseph S. Hill
Commissioner
1919
-
1923
Naaman Jackson
Commissioner
1923
-
1924
Harry A. Abbott
Commissioner
1924
-
1929
Lathrop R. Charter, Jr.
Commissioner
1929
-
1933
Waitman C. Given
Commissioner
1933
-
1934
George Ward
Commissioner
1934
-
1940
H.P. Brightwell
Acting Commissioner
1940
-
1940
R. Carl Andrews
Commissioner
1940
-
1941
H.D. Vaughan
Commissioner
1941
-
1942
A.W. Locke
Commissioner
1942
-
1947
John H. Hoffman
Commissioner
1947
-
1955
Mrs. Neil W. Walker
Commissioner
1955
-
1957
Donald Taylor
Commissioner
1957
-
1960
Carl B. Early
Commissioner
1960
-
1967
M. W. Smith
Commissioner
1967
-
1971
George B. Jordan, Jr.
Commissioner
1972
-
1974
W. Lovell Higgins
Acting Commissioner
1974
-
1975
George B. Jordan, Jr.
Commissioner
1975
-
1977
H. David Hale
Commissioner
1977
-
1977
C. Joe Mullen
Commissioner
1977
-
1979
W. Lovell Higgins
Acting Commissioner
1979
-
1979
Phyllis Huff Arnold
Commissioner
1979
-
1983
Thomas J. Hansberry
Acting Commissioner
1983
-
1984
Thomas J. Hansberry
Commissioner
1985
-
1985
A. Kevin Thomas
Deputy Commissioner
1985
-
1987
David S. Mudie
Deputy Commissioner
1987
-
1988
James H. Paige, III
Commissioner
1989
-
1992
Sharon G. Bias
Commissioner
1992
-
2001
Larry A. Stark
Commissioner
2001
-
2008
Sara M. Cline
Acting Commissioner
2008
-
2009
Sara M. Cline
Commissioner
2009
-
2015
Dawn E. Holstein
Acting Commissioner
2015
-
2017
Dawn E.
Holstein
Commissioner
2017
-
present
2
DIVISION ACTIVITIES
During the calendar year, the Commissioner of Financial Institutions requires four Calls for Reports of Condition
and Income of state banks, as of the following dates:
March 31
June 30
September 30
December 31
Four Calls for Reports of Condition of State Chartered Credit Unions:
March 31
June 30
September 30
December 31
One Call for Report of Condition of Regulated Consumer Lenders:
December 31
One Call for the Annual Report of Mortgage Lenders and Brokers:
December 31
The Division’s examination staff participated in and completed the following
classes of examinations for the periods indicated:
FY2022 FY2023
Bank Holding Companies
7
12
Commercial Banks and Trust Companies
(Trust, IT, Visitations, & Targets)
37
54
Credit Unions
2
2
Money Transmitter 0 0
Regulated Consumer Lenders
2 3
Mortgage Lender/Broker/Servicer
Examinations & Visitations
18 14
Total Examinations
66 85
3
DIVISION STAFF MEMBERS
Commissioner
Dawn Holstein
Deputy Commissioner
Vacant
General Counsel
Kathy Lawson
Director of Non
-
D
epository Institutions
Terri Shock
Director of Depository Institutions
Martin Grimm
Director of Operations
Regulation
John France
Licensing Analyst Lisa Miller
Kimberly Compton
-
Goff
Budget Administrator
Vacant
Administrative Services
Assistant
II
Lori DeBruyn
Office Assistant
II
Judy Pennington
Review Examiners
Martin Grimm
Melissa Fry
Money Service Businesses Manager
Stacy Wagner
Staff Analyst
Ariel Billotti
Examiners
Lamont Brown
Nathan Freeman (Chief)
Glen Harvey (Chief)
Lorraine Jackson
Mark Lanham
Dwayne Ledsome
Matthew Mann (Chief)
Edward McMinn
Thomas McVey (Chief)
Esther Sebert
James Thompson
David Townsend
Rob Young
4
WEST VIRGINIA BOARD OF BANKING AND FINANCIAL INSTITUTIONS
MEMBERS
Board Member Represents
Dawn Holstein
Chair and Commissioner Division of Financial Institutions
Larry Mazza MVB Bank, Inc., Fairmont, WV Large asset size banks
Susan Barber Community Bank of Parkersburg, Parkersburg, WV Medium asset size banks
Greg Gency
Clay County Bank, Clay, WV
Small asset size banks
Brent Gray The State Credit Union, Charleston, WV All other financial institutions
Larry Moore Ceredo, WV Public
Vacant Public
5
WEST VIRGINIA LENDING AND CREDIT RATE BOARD
STATUTORY MEMBERS
Board Member (Statutory) Represents
Chair and Commissioner
Division of Financial Institutions
Dean, Lewis College of Business Marshall University
Dean, John Chambers College of Business and
Economics
West Virginia University
Director of Consumer Protection WV Attorney General’s Office
Executive Director WV Development Office
Treasurer State of West Virginia
Public Member
Public Member
Public Member
ORDER
As an alternative to the sales finance charge allowed by West Virginia Code §46A-3-103(3), with respect to a
consumer credit sale made pursuant to a revolving charge account, if the billing cycle is monthly, a seller may contract
for and receive a sales finance charge not exceeding one-twelfth of twenty-five percent on the unpaid principal balance.
If the billing cycle is not monthly, the maximum charge is that percentage which bears the same relation to the applicable
monthly percentage as the number of days in the billing cycle bears to thirty. A billing cycle is monthly if the billing
statement dates are on the same day each month or do not vary by more than four days there from.
Under this alternative sales finance charge rate, no origination fee, points, investigation fees, or similar prepaid
finance charges are permitted, unless the transaction is fully secured by real estate.
This Order is effective December 1, 1999 and, pursuant to West Virginia Code §47A-1-1(g), shall remain in
full force and effect until such time as the Board meets and prescribes different maximum rates of interest and/or
maximum finance charges.
ORDER
As an alternative to the sales finance charge allowed by West Virginia Code §46A-3-101(1), with respect to a
consumer credit sale made on a closed-end basis, a seller may contract for and receive a sales finance charge, calculated
according to the actuarial method, which may not exceed twenty-five percent per annum.
This Order is effective December 1, 1999 and, pursuant to West Virginia Code §47A-1-1(g), shall remain in
full force and effect until such time as the Board meets and prescribes different maximum rates of interest and/or
maximum finance charges.
6
The following rates, set by prior Orders of the Board effective December 1, 1996, remain unchanged and in full force
and effect pursuant to WV Code 47A-1-1(g) until such time as the Board meets and prescribes different maximum rates
of interest and/or maximum finance charges:
ORDER
As an alternative to any statutory rate, any person [which defined in West Virginia Code §31A-1-2(n) means "any
individual, partnership, society, association, firm, institutions, company, public or private corporation, state,
governmental agency, bureau, department, division or instrumentality, political subdivision, county court, municipality,
trust, syndicate, estate or any other legal entity whatsoever, formed, created or existing under the laws of this State or any
other jurisdiction"] may charge a maximum finance charge not exceeding eighteen percent per annum calculated
according to the actuarial method, on all loans, credit sales or transactions, forbearance or similar transactions, regardless
of purpose.
This Order is effective December 1, 1996 and, pursuant to West Virginia Code §47A-1-1(g), shall remain in
full force and effect until such time as the Board meets and prescribes different maximum rates of interest and/or
maximum finance charges.
ORDER
As an alternative to the loan finance charge allowed by West Virginia Code §46A-3-106(3), with respect to a
consumer loan made pursuant to a revolving loan account, if the billing cycle is monthly, a lender may contract for and
receive a loan finance charge not exceeding one and one-half percent on the unpaid principal balance. If the billing cycle
is not monthly, the maximum charge is that percentage which bears the same relation to the applicable monthly
percentage as the number of days in the billing cycle bears to thirty. A billing cycle is monthly if the billing statement
dates are on the same day each month or do not vary by more than four days there from.
Under this alternative revolving loan finance charge rate, no origination fee, points, investigation fees, or similar
prepaid finance charges are permitted, unless the transaction is fully secured by real estate.
This Order is effective December 1, 1996 and, pursuant to West Virginia Code §47A-1-1(g), shall remain in
full force and effect until such time as the Board meets and prescribes different maximum rates of interest and/or
maximum finance charges
(Original signed document on file)
Sharon G. Bias, Chairperson
WV Lending and Credit Rate Board
October 5, 1999
7
OFFICIAL NOTIFICATION
FLOATING USURY CEILINGS
Pursuant to the provisions of Chapter 47-6-5b(c) of the West Virginia Code, the Commissioner of Financial
Institutions has ordered the maximum rate of interest for any non-precomputed loan of money under the provisions of
the aforesaid statute and secured by a mortgage or deed of trust upon real property is as follows for such loans made
during the calendar months indicated. The rate is calculated by adding 1.5% per annum to the monthly index of long-
term U.S. Government bond yields and then rounding off to the nearest quarter of 1%.
Month/Year
Usury Ceiling
July 2022
5.00
% per
year
August 2022
4.75
% per year
September 2022
4.75
% per year
October 2022
5.25
% per year
November 2022
5.75
% per year
December 2022
5.75
% per year
January 2023
5.25
% per year
February 2023
5.25
% per year
March 2023
5.50
% per year
April 2023
5.50
% per year
May 2023
5.25
% per year
June 2023
5.50
% per year
*Formula based on monthly average of 20-year maturity
8
STATE CHARTERED BANKS HEADQUARTERED IN WEST VIRGINIA
Bank of Charles Town
Charles Town
WV
Bank of
Mingo
Williamson
WV
BCBank, Inc.
Phili
p
pi
WV
Calhoun County Bank, Inc.
Grantsville
WV
Capon Valley Bank
Wardensville
WV
Citizens Bank of Morgantown, Inc.
Morgantown
WV
Citizens Bank of West Virginia, Inc.
Elkins
WV
Clay County Bank, Inc.
Clay
WV
Clear Mountain Bank
Bruceton Mills
WV
CNB Bank, Inc.
Berkeley Springs
WV
Community Bank of Parkersburg
Parkersburg
WV
Davis Trust Company
Elkins
WV
First Exchange Bank
Mannington
WV
First Neighborhood Bank
Spencer
WV
FNB Bank, Inc.
Romney
WV
Freedom Bank, Inc.
Belington
WV
Jefferson Security Bank
Shepherdstown
WV
Logan Bank & Trust Company
Logan
WV
Main Street Bank Corp.
Wheeling
WV
MCNB Bank and Trust Co.
Welch
WV
Miners & Merchants Bank
Thomas
WV
MVB Bank, Inc.
Fairmont
WV
Pendleton Community Bank, Inc.
Franklin
WV
Pioneer Community Bank, Inc.
Iaeger
WV
Putnam County Bank
Hurricane
WV
Summit Community Bank, Inc.
Moorefield
WV
The Bank of Monroe
Union
WV
The Bank of Romney
Romney
WV
The Citizens Bank of Weston
Weston
WV
The Grant County Bank
Petersburg
WV
The Harrison County Bank
Lost Creek
WV
The Pleasants County Bank
Saint Marys
WV
The Poca Valley Bank, Inc.
Walton
WV
Union Bank, Inc.
Middlebourne
WV
WesBanco Bank, Inc.
Wheeling
WV
West Union Bank
West Union
WV
Whitesville State Bank
Whitesville
WV
Williamstown Bank, Inc.
Williamstown
WV
9
WEST VIRGINIA BOARD OF BANKING AND FINANCIAL INSTITUTIONS
BANK APPLICATIONS AND OTHER MATTERS ACCEPTED AND/OR ACTED UPON
FY2023
Date
Approved
Application Type Applicant Name Description
12-12-2022 Bank Holding
Company Acquisition
MVB Financial Corp. MVB Financial Corp., Fairmont, West
Virginia, to acquire Integrated Financial
Holdings, Inc., a North Carolina
Corporation by merger.*
12-12-2022 Establishment of
Branches through
Merger
MVB Bank, Inc. MVB Bank, Inc., Fairmont, West
Virginia, to acquire West Town Bank &
Trust Corp., Riverside, Illinois by
merger.*
3-13-2023 Bank Holding
Company Acquisition
Summit Financial
Group, Inc.
Summit Financial Group Inc., Moorefield,
West Virginia, to acquire PSB Holding
Corp, a Maryland Bank Holding Company
by merger.
3-13-2023 Establishment of
Branches through
Merger
Summit Community
Bank, Inc.
Summit Community Bank, Inc.
Moorefield, West Virginia, to acquire
Provident State Bank, Preston, Maryland
by merger.
6-12-2023 Bank Holding
Company Formation
JSB Financial, Inc. JSB Financial, Inc., Shepherdstown, West
Virginia to form a bank holding company
by acquisition of Jefferson Security Bank,
Shepherdstown, West Virginia.
*The Federal application was subsequently withdrawn and the acquisition and merger transaction did not take place.
10
BANK MERGERS
STATE AND NATIONAL BANKS OPERATING IN WEST VIRGINIA
FY2023
Banks Involved Application Type Surviving Entity
Summit Community Bank, Inc.
Provident State Bank
Merger
Summit Community Bank, Inc.
11
PARITY DECISIONS
West Virginia Code §31A-8C-2(d) provides that the Commissioner “shall include a list of every financially related
activity authorized pursuant to this section during the previous twelve months in his or her annual report to the
legislature.”
During Fiscal Year 2023, the Commissioner of Financial Institutions granted the following authorizations pursuant to
W.Va. Code §31A-8C-2:
A bank was authorized to offer insurance sales.
12
STATE BANKS HEADQUARTERED IN WEST VIRGINIA
EXERCISING FIDUCIARY POWERS
Fiscal Year 2023
As of December 31, 2022
State Banks Trust Assets ($000)
Bank of Charles Town
136,631
Citizens Bank of West
Virginia, Inc.
99,567
CNB Bank, Inc.
58,668
Davis Trust Company
21,323
MCNB Bank and Trust Co.
115,197
Summit Community Bank, Inc.
381,639
The Harrison County Bank
5,606
WesBanco Bank, Inc.
3,877,855
Total
4,696,486
13
REPORT OF CONDITION AND INCOME FOR STATE CHARTERED AND
NATIONAL BANKS IN WEST VIRGINIA
West Virginia State Banks
West Virginia National Banks
($ in 000's)
6/30/2022 6/30/2023
6/30/2022 6/30/2023
Number of Institutions
3
8
3
8
5
5
Assets and Liabilities
Total assets
34
,421,775
3
6,677,613
6,
722,199
6,
652,568
Cash and due from depository institutions
1,223,630
1,
565,847
737,940
262,333
Interest
-
bearing balances
835,704
1,187,936
632,280
185,832
Securities
7,
663,181
6,864,904
1,
654,625
1,
590,081
Federal funds sold & reverse repurchase agreements
96,234
54,713
2,152
2,
361
Net loans & leases
2
2,333,586
2
4,836,199
3,
818,724
4,193,511
Loan loss allowance
2
62,279
2
86,637
2
0,890
2
6,999
Trading account assets
8,752
6,912
0
0
Bank premises and fixed assets
482,303
508,949
7
7,126
7
8,505
Other real estate owned
21,662
16,488
8
3
138
Goodwill and other intangibles
1,2
39,346
1,2
41,617
11
6,428
1
63,425
All other assets
1,
353,081
1,
579,491
315,121
3
62,214
Total liabilities and capital
34,
421,775
3
6,677,613
6,
722,199
6,
652,568
Total liabilities
30,
285,101
3
2,460,570
6,131,786
6,
003,871
Total deposits
2
9,138,650
29,
812,087
5,
624,604
5,
509,282
Interest
-
bearing deposits
19,
294,970
20,720,064
3,
948,919
3,94
86,055
Deposits held in domestic offices
2
9,138,650
29,
812,087
5,
624,604
5,
509,282
Federal funds purchased & repurchase agreements
2
16,489
159,657
404,716
274,267
Trading liabilities
0
0
0
0
Other borrowed funds
6
48,181
2,147,865
0
105,000
Subordinated debt
0
0
0
0
All other liabilities
281,781
340,961
102,466
1
15,322
Total equity capital
4,
136,674
4,
217,043
590,413
648,697
Perpetual preferred stock
0
0
0
0
Common stock
6
3,400
6
4,489
1,748
1,7
51
Surplus
2,
372,906
2,
430,145
400,074
4
63,143
Undivided profits
1,699,758
1,
722,461
188,591
18
3,803
Noncontrolling interests in consolidated subsidiaries
610
-
52
0
0
Income and Expense (year to date)
Total interest income
5
35,847
780,048
8
9,951
138,785
Total interest expense
28,651
196,183
3,673
22,220
Net interest income
5
07,196
5
83,865
8
6,278
116,565
Provision for loan and lease losses
8,492
20,999
-
647
3,411
Total noninterest income
1
17,618
1
03,403
3
8,530
3
9,603
Fiduciary activities
17,
221
17,
368
4,
247
4,
471
Service charges on deposit accounts
2
6,141
2
7,526
1
3,918
13,
409
Trading account gains & fees
-
1,715
490
0
0
Additional noninterest income
75,971
58,019
20,365
2
1,723
Total noninterest expense
3
92,786
429,552
6
6,153
79,234
Salaries and employee benefits
2
18,096
230,401
3
5,471
3
9,411
Premises and equipment expense
5
3,940
5
8,019
1
1,028
11
,968
Additional noninterest expense
120,
750
1
41,132
19,
654
27,855
Pre
-
tax net operating income
223,536
2
36,717
5
9,302
73,523
Securities gains (losses)
-
1,662
-
4,112
-
141
-
514
Applicable income taxes
42,667
4
3,600
1
1,890
1
4,646
Net income attributable to bank
179,565
1
98,022
4
7,271
59,391
14
BANK HOLDING COMPANIES OPERATING IN WEST VIRGINIA
Allegheny Bancshares, Inc.
Franklin
WV
Appalachian Financial Corporation
Philippi
WV
Big Coal River Bancorp, Inc.
Whitesville
WV
Calhoun Bankshares, Inc.
Grantsville
WV
Citizens Bancshares, Inc.
Weston
WV
Citizens Financial Corp.
Elkins
WV
City Holding Company
Charleston
WV
CB Financial Services, Inc.
Carmichaels
PA
CNB Financial Services, Inc.
Berkeley Springs
WV
Community Bankshares, Inc.
Parkersburg
WV
Community Trust Bancorp, Inc.
Pikeville
KY
Davis Trust
Financial Corporation
Elkins
WV
Eastern Bancshares, Inc.
Romney
WV
F.N.B. Corporation
Pittsburg
h
PA
Farmers Bancshares, Inc.
Pomeroy
OH
FCNB Bancorp, Inc.
Fayetteville
WV
Fifth Third Bancorp
Cincinnati
OH
First Citizens BancShares, Inc.
Raleigh
NC
First Clay County Banc Corporation
Clay
WV
First Community Bancshares, Inc.
Bluefield
VA
First United Corporation
Oakland
MD
Freedom Bancshares, Inc.
Belington
WV
Harrison Bankshares, Inc.
Lost Creek
WV
Heritage Bancshares, Inc.
White
Hall
WV
Highlands Bankshares, Inc.
Petersburg
WV
Hometown Bancshares, Inc.
Middlebourne
WV
Huntington Bancshares Incorporated
Columbus
OH
JPMorgan Chase & Co.
New York
NY
Logan County BancShares, Inc.
Logan
WV
M&T Bank Corporation
Buffalo
NY
Main Street Financial Services Corp.
Wheeling
WV
15
MCNB Banks, Inc.
Welch
WV
Morgantown Bancshares, Inc.
Morgantown
WV
Mountain
-
Valley Bancshares, Inc.
Elkins
WV
MVB Financial Corp.
Fairmont
WV
New Peoples Bankshares, Inc.
Honaker
VA
Ohio
Valley Banc Corp.
Gallipolis
OH
Peoples Bancorp, Inc.
Marietta
OH
Peterstown Bancorp, Inc.
Peterstown
WV
Pioneer Community Group, Inc.
Iaeger
WV
Pleasants County Bankshares, Inc.
Saint
Marys
WV
PNC Financial Services Group, Inc.
Pittsburgh
PA
Potomac Bancshares, Inc.
Charles Town
WV
Putnam Bancshares, Inc.
Hurricane
WV
Romney Bankshares, Inc.
Romney
WV
State Bancorp, Inc.
Bruceton Mills
WV
Summit Financial Group, Inc.
Moorefield
WV
The Poca Valley Bankshares, Inc.
Walton
WV
Tri
-
County Bancorp, Inc.
West Union
WV
Truist Financial Corp.
Charlotte
NC
Union Bankshares, Inc.
Union
WV
United Bankshares, Inc.
Charleston
WV
WesB
anco, Inc.
Wheeling
WV
West Central Bancorp, Inc.
Spencer
WV
Woodforest Financial Group, Inc.
The
Woodlands
TX
16
BANK HOLDING COMPANY
FORMATIONS & DISSOLUTIONS
FY2023
Formations:
JSB Financial, Inc., Shepherdstown, West Virginia, to form a one bank holding company through the acquisition
of Jefferson Security Bank, Shepherdstown, West Virginia.
Dissolutions:
None.
17
STATE CREDIT UNIONS HEADQUARTERED IN WEST VIRGINIA
Local #317 I.A.F.F. Credit Union
Charleston
WV
West Virginia Baptist State Convention Credit Union
Hilltop
WV
West Virginia Public Employees Credit Union
dba The State Credit Union
Charleston WV
18
REPORT OF CONDITION AND INCOME FOR STATE CHARTERED CREDIT UNIONS
6/30/2022
6/30/2023
Number of Institutions
3 3
Assets and Liabilities
Cash &
Equivalents
1
3,554,222
1
0,384,962
Total Investments
2
9,593,124
2
6,910,553
Loans Held for Sale
0
0
Real Estate Loans
17,
578,151
1
8,280,309
Consumer Loans
3
5,683127
3
4,583,
987
Total Loans 53,261,278 56,971,911
(Allowance for Loan & Lease
Losses)
-
6
84,319
-
6
56,590
Land And Building
959,188
9
14,076
Other Fixed Assets
97,582
186,094
NCUSIF Deposit
7
98,588
801,762
All Other Assets
3
90,438
164,366
Total Assets 97,970,101 95,677,134
Dividends Payable
399,455
437,694
Notes &
Interest Payable
0
0
Accounts Payable & Other Liabilities
-
551,222
452,329
Share Drafts
9,001,560
9,
266,764
Regular shares
6
4,428,355
6
1,045,626
All Other Shares & Deposits
10,
615,089
9,532,653
Total Shares and Deposits 84,045,004 79,845,043
Total Liabilities 83,893,237 80,735,066
Regular Reserve
1,296,366
1,296,366
Other Reserves
68,294
92,005
Undivided Earnings
1
2,712,204
1
3,185,853
Total Equity 14,076,864 14,942,068
Total Liabilities, Shares, & Equity 97,970,101 95,677,134
Income and Expense
Loan Income
1,2
50,834
1,
446,927
Investment Income
1
00,867
323,391
Other Income
411,923
288,135
Total Employee Compensation & Benefits
66
8,338
6
90,376
Total Other Operating Expenses
58
9,949
618,513
Provision for Loan/Lease Losses
36,000
36,000
Cost of Funds
1
32,039
345,748
Net Income (Loss) 337,298 367,844
19
WEST VIRGINIA LICENSED MORTGAGE COMPANIES
Company Name City State
21st Mortgage Corporation
Knoxville
TN
A MONEY
MATTER MORTGAGE INC.
Vienna
VA
A
-
A Mortgage Investor, LLC
El Segundo
CA
AAA CAPITAL INVESTMENT, INC.
Alhambra
CA
Academy Mortgage Corporation
Draper
UT
Access Financial Mortgage Corp.
Fulton
MD
Addison Mortgage Consultants, Inc.
Frederick
MD
Advanced Mortgage LLC
Silver Spring
MD
Advisors Mortgage Group, L.L.C.
Ocean
NJ
Affordable Mortgage Advisors, LLC
Pittsburgh
PA
AHP Servicing LLC
Chicago
IL
AJM Home Mortgage Loans, Inc.
Pittsburgh
PA
Alcova Mortgage LLC
Roanoke
VA
Alliance
Credit, LLC
Canfield
OH
Allied Mortgage Group, Inc.
Bala Cynwyd
PA
Altisource Fulfillment Operations, Inc.
St. Louis
MO
American Bancshares Mortgage, LLC
Miami Lakes
FL
American Financial Network, Inc.
Brea
CA
American Financial Resources, Inc.
Parsippany
NJ
American Financing Corporation
Aurora
CO
American Heritage Lending, LLC
Irvine
CA
American Internet Mortgage, Inc.
San Diego
CA
American Neighborhood Mortgage Acceptance Company LLC
Mount Laurel
NJ
American Pacific Mortgage
Corporation
Roseville
CA
America's Moneyline, Inc.
Aliso Viejo
CA
AmeriHome Mortgage Company, LLC
Thousand Oaks
CA
AmeriNational Community Services, LLC
Albert Lea
MN
Amerisave Mortgage Corporation
Atlanta
GA
Amres Corporation
Trevose
PA
Angel Oak
Home Loans LLC
Atlanta
GA
Angel Oak Mortgage Solutions LLC
Atlanta
GA
Arbor Street, LLC
Ann Arbor
MI
Arc Home LLC
Mount Laurel
NJ
Ark
-
La
-
Tex Financial Services, LLC
Plano
TX
Assurance Financial Group, L.L.C.
Baton Rouge
LA
Atlantic Bay
Mortgage Group, L.L.C.
Virginia Beach
VA
Atlantic Coast Mortgage, LLC
Fairfax
VA
Augusta Development Corporation
Fairmont
WV
Aurora Financial Group, Inc.
Farmingdale
NJ
Aurora Financial, LLC
McLean
VA
20
Aven Financial, Inc.
Burlingame
CA
Axia
Financial, LLC
Bellevue
WA
Bankrate, LLC
West Palm Beach
FL
Barclays Bank PLC
New York
NY
Barrett Financial Group, L.L.C.
Gilbert
AZ
Bay Capital Mortgage Corporation
Annapolis
MD
Bay Equity LLC
Corte Madera
CA
Better Mortgage Corporation
New York
NY
Bills.com, LLC
Tempe
AZ
BNP Paribas
New York
NY
BofA Merrill Lynch Asset Holdings, Inc.
New York
NY
Bridger Investment Partners LLC
New York
NY
Bridgewater Capital, Inc.
Charlotte
NC
Bungalow Funding, LLC
Winston Salem
NC
C&F MORTGAGE
CORPORATION
Midlothian
VA
Cake Mortgage Corp.
Chatsworth
CA
CalCon Mutual Mortgage LLC
San Diego
CA
Caliber Home Loans, Inc.
Coppell
TX
Canopy Mortgage, LLC
Lindon
UT
Capital Home Mortgage, LLC
Troy
MI
Capital Mortgage Firm Inc.
St.
Clairsville
OH
Cardinal Financial Company, Limited Partnership
Charlotte
NC
Carrington Mortgage Services, LLC
Anaheim
CA
Castle Mortgage Corporation
Irvine
CA
CBC Mortgage Agency
South Jordan
UT
CBM Mortgage, Inc.
Front Royal
VA
Centermac
Realty, Inc.
Diamond Bar
CA
Change Lending, LLC
Anaheim
CA
Cherry Creek Mortgage, LLC
Greenwood Village
CO
Chicago Mortgage Solutions LLC
Rosemont
IL
Chimera Funding TRS LLC
New York
NY
Churchill Mortgage Corporation
Brentwood
TN
CIS
Financial Services, Inc.
Hamilton
AL
Citi GSM Portfolio LLC
New York
NY
Citimortgage, Inc.
O'Fallon
MO
City Lending Inc.
Vienna
VA
Click n' Close, Inc.
Addison
TX
CMC Funding, Inc.
Denver
CO
CMG Mortgage, Inc.
San Ramon
CA
Coastal Lending
Group, LLC
Timonium
MD
Cognizant Mortgage Services Corporation
Irving
TX
COLONIAL MORTGAGE CAPITAL LLC
Reston
VA
Community Action of South Eastern West Virginia, Inc.
Princeton
WV
21
Community Loan Servicing, LLC
Coral Gables
FL
Community
Mortgage LLC
Mount Airy
MD
CommunityWorks in West Virginia, Inc.
Charleston
WV
Complete Payment Recovery Services, Inc.
St. Petersburg
FL
Compu
-
Link Corporation
Lansing
MI
Concierge Mortgage Finance, LLC
Towson
MD
Consolidated Analytics, Inc.
Santa Ana
CA
Consumer Real Estate Finance Co.
Fort Lauderdale
FL
Contour Mortgage Corporation
Garden City
NY
Core Mortgage Services, LLC
State College
PA
Cornerstone First Mortgage, Inc.
San Diego
CA
Crane Consulting and Outsourcing, LLC
Boca
Raton
FL
Credible Operations, Inc.
Durham
NC
Credit Karma Mortgage, Inc.
Oakland
CA
Credit Suisse First Boston Mortgage Capital LLC
New York
NY
Credit Union Mortgage Association, Inc.
Fairfax
VA
Crescent Mortgage Company
Atlanta
GA
CrossCountry Mortgage, LLC
Cleveland
OH
CTC Loan Processing,LLC
Hedgesville
WV
CUW Solutions, LLC
Radnor
PA
DAS Acquisition Company, LLC
St. Louis
MO
DATA MORTGAGE, INC.
Orange
CA
Day One Mortgage, LLC
Scottsdale
AZ
Developer's Mortgage
Company
Columbus
OH
DHI MORTGAGE COMPANY, LTD.
Austin
TX
Digital Risk Mortgage Services, LLC
Maitland
FL
Direct Mortgage Loans, LLC
Hunt Valley
MD
District Home Loans, LLC
Rockville
MD
DLJ Mortgage Capital, Inc.
New York
NY
Dovenmuehle
Mortgage, Inc.
Lake Zurich
IL
Draper and Kramer Mortgage Corp.
Downers Grove
IL
Dyck
-
O'Neal, Inc.
Dallas
TX
DynaGen Lending, LLC
Farmington Hills
MI
East Coast Capital Corp.
Melville
NY
Elkhorn Depositor LLC
New York
NY
Elmwood Mortgage, LLC.
Hagerstown
MD
Embrace Home Loans, Inc.
Middletown
RI
emm loans llc
Cherry Hill
NJ
Emporium TPO LLC
Frisco
TX
Empower Home Mortgage LLC
Chantilly
VA
Encompass Lending Group, LP.
Katy
TX
Envoy Mortgage Ltd
Houston
TX
Equity Prime Mortgage LLC
Atlanta
GA
22
Equity Resources, Inc.
Newark
OH
Equity United Mortgage Corporation
Rockville
MD
Everett Financial, Inc.
Dallas
TX
Fairfax Lending Inc.
Alexandria
VA
Fairfax Mortgage Investments, Inc.
Fairfax
VA
Fairway Independent Mortgage
Corporation
Madison
WI
Fay Servicing, LLC
Tampa
FL
FBC Mortgage, LLC
Orlando
FL
FCI Lender Services, Inc.
Anaheim Hills
CA
Federation of Appalachian Housing Enterprises, Inc.
Berea
KY
Fidelity Direct Mortgage, LLC
Gaithersburg
MD
Figure
Lending LLC
Charlotte
NC
Finance of America Mortgage LLC
Conshohocken
PA
Finance of America Reverse LLC
Tulsa
OK
First Community Mortgage, Inc.
Murfreesboro
TN
First Heritage Financial, LLC
Trevose
PA
FIRST HERITAGE MORTGAGE, LLC
Fairfax
VA
First Home Mortgage Corporation
Baltimore
MD
First Ohio Home Finance, Inc.
Westerville
OH
First Option Mortgage, LLC
Atlanta
GA
First Pinnacle Mortgage Corporation
Stephens City
VA
First Washington Mortgage, LLC
Washington
DC
FirstKey
Mortgage, LLC
New York
NY
Flat Branch Mortgage, Inc.
Columbia
MO
Franklin Credit Management Corporation
Jersey City
NJ
Freedom Mortgage Corporation
Boca Raton
FL
FreeRateUpdate.com LLC
Chadds Ford
PA
Full Beaker, Inc.
Bellevue
WA
Fulton
Lending LLC
Wheeling
WV
General Mortgage Capital Corporation
Burlingame
CA
Geneva Financial, LLC
Chandler
AZ
GENHOME MORTGAGE CORPORATION
Irvine
CA
George Mason Mortgage, LLC
Fairfax
VA
GITSIT SOLUTIONS, LLC
Orange
CA
Go Mortgage, LLC
Columbus
OH
Gold Star Mortgage Financial Group, Corporation
Ann Arbor
MI
Goldman Sachs Mortgage Company
New York
NY
GoodLeap, LLC
Roseville
CA
GoPrime Mortgage, Inc.
Apex
NC
Grander Mortgage Capital, LLC
Atlanta
GA
Greenway Funding Group, Inc.
Potomac
MD
Greenway Mortgage Funding Corp.
Middletown
NJ
Gregory Funding LLC
Tigard
OR
23
Guaranteed Rate Affinity, LLC
Chicago
IL
Guaranteed Rate, Inc.
Chicago
IL
Guaranty Home Mortgage Corporation
Nashville
TN
Guidance Residential, LLC
Reston
VA
Guild Mortgage Company LLC
San Diego
CA
H & L LENDING COMPANY LLC
Elkridge
MD
Home Loans Inc
North Charleston
SC
HOME MORTGAGE ALLIANCE CORPORATION (HMAC)
Santa Ana
CA
Home Mortgage WV, LLC
Frederick
MD
Home Point Financial Corporation
Ann Arbor
MI
HomeBridge Financial Services, Inc.
Iselin
NJ
HomeOwnership Center Inc.
Elkins
WV
Homespire Mortgage Corporation
Gaithersburg
MD
Homestar Financial Corporation
Gainesville
GA
Homestead Funding Corp.
Albany
NY
Hometown Equity Mortgage, LLC
Lake
Forest
CA
HOMETOWN LENDERS, INC.
Huntsville
AL
Housing Authority of Mingo County
Delbarton
WV
Howard Grace & Associates, Inc
Boca Raton
FL
Howard Hanna Financial Services, Inc.
Pittsburgh
PA
Ibanez Mortgage Group, LLC
Fairfax
VA
Impac
Mortgage Corp.
Newport Beach
CA
Infosys BPO Americas, LLC
Atlanta
GA
Integrity Home Mortgage Corporation
Winchester
VA
Intercap Lending Inc.
Draper
UT
Intercoastal Mortgage, LLC
Fairfax
VA
Interest Mortgage, L.L.C.
Fort Mill
SC
InterLinc
Mortgage Services, LLC
Houston
TX
J.P. Morgan Mortgage Acquisition Corp.
New York
NY
James B. Nutter & Company
Kansas City
MO
JAMS
-
01, Inc
Fairfax
VA
K. Hovnanian American Mortgage, L.L.C.
Boynton Beach
FL
KAMMERDIENER FINANCIAL INC
Spring
TX
Kind Lending, LLC
Santa Ana
CA
Lakeview Community Capital, LLC
Horsham
PA
Lakeview Loan Servicing, LLC
Coral Gables
FL
Land Home Financial Services, Inc.
Concord
CA
Lattice Thinking, Inc.
Nashville
TN
LeaderOne Financial Corporation
Overland Park
KS
LeadPoint, Inc.
Los Angeles
CA
Legend Lending Corporation
Houston
TX
LenderLive Network, LLC
Greenwood Village
CO
Lending Force, LLC
Farmington Hills
MI
24
LendingTree, LLC
Charlotte
NC
LendSolid LLC
Kensington
MD
LendSure Mortgage Corp.
San Diego
CA
Lennar Mortgage, LLC
Miami
FL
LGI Mortgage Solutions, LLC
Scottsdale
AZ
Liberty Home Mortgage Corporation
Independence
OH
Lime Residential, Ltd.
New York
NY
LMB Mortgage Services, Inc.
Playa Vista
CA
Loan Factory, Inc.
San Jose
CA
LoanCare, LLC
Virginia Beach
VA
loanDepot.com, LLC
Irvine
CA
Logan Finance Corporation
Hauppauge
NY
Long Lake MSR, Inc.
Troy
MI
Longbridge Financial, LLC
Mahwah
NJ
Low VA Rates, LLC
Lindon
UT
Lower, LLC
Columbia
MD
LRML Acquisition LLC
Chicago
IL
Luminate Home Loans, Inc.
Minneapolis
MN
Lynx Whole Loan Acquisition LLC
Denver
CO
Mable Loans LLC
Chantilly
VA
Madison Management Services, LLC
Reno
NV
Madison Mortgage Services Inc.
Lake Success
NY
Marlin Mortgage Capital, LLC
St.
Petersburg
FL
MARVELOANS, LLC
Troy
MI
Matrix Financial Services Corporation
St. Louis Park
MN
MAXEX Clearing LLC
Atlanta
GA
Maxwell Lender Solutions, Inc.
Denver
CO
McLean Mortgage Corporation
Fairfax
VA
MCLP Asset Company, Inc.
New York
NY
MEGA
CAPITAL FUNDING, INC.
Calabasas
CA
Member First Mortgage, LLC
Grand Rapids
MI
Merrill Lynch Mortgage Lending, Inc.
New York
NY
MGC Mortgage, Inc.
Plano
TX
Michigan Mutual, Inc.
Port Huron
MI
Mid
-
Continent Funding, Inc.
Columbia
MO
Millennium Financial Group, Inc.
Middletown
MD
Mint Mortgage, LLC
Front Royal
VA
Mission Loans, LLC
Irvine
CA
Mission Mortgage LLC
Washington
DC
Mission Servicing Residential, Inc.
Irving
TX
ML Enterprise Inc.
New York City
NY
MLD Mortgage Inc.
Florham Park
NJ
Moder Solutions, LLC
Fishers
IN
25
Morgan Stanley Mortgage Capital Holdings LLC
New York
NY
Moria Development, Inc.
Tempe
AZ
Mortgage Access Corp.
Morris Plains
NJ
Mortgage Assets Management, LLC
Houston
TX
Mortgage
Financing.com, Inc
Martinsburg
WV
Mortgage Pro, LLC
Moundsville
WV
Mortgage Research Center, LLC
Columbia
MO
Mortgage Solutions FCS Inc.
Walnut Creek
CA
Mortgage Solutions of Colorado, LLC
Colorado Springs
CO
Morty, Inc.
New York
NY
Mountain
Opportunities Corporation
Clarksburg
WV
Movement Mortgage, LLC
Indian Land
SC
MSIM, LLC
Austin
TX
MSR Asset Vehicle LLC
Atlanta
GA
MTGLQ Investors, L.P.
New York
NY
My Mortgage, Inc.
Crofton
MD
myCUmortgage, LLC
Beavercreek
OH
N and S
Mortgage, LLC
Frederick
MD
National Asset Mortgage, LLC
Columbia
SC
Nations Capital Services, Inc.
Merriam
KS
NATIONS LENDING CORPORATION
Independence
OH
Nations Reliable Lending, LLC
Houston
TX
Nationstar Mortgage LLC
Dallas
TX
Nationwide
Mortgage Bankers, Inc.
Lebanon
NJ
Natural Intelligence Technologies Inc.
Yucca Valley
CA
Neighborhood Assistance Corporation of America
Boston
MA
Neighborhood Capital Funding, Inc.
Lansing
MI
Neighborhood Mortgage Solutions, LLC
Frankenmuth
MI
NerdWallet Compare, Inc.
San Francisco
CA
Network Capital Funding Corporation
Miami
FL
New American Funding, LLC
Tustin
CA
New Residential Mortgage LLC
New York
NY
NewRez LLC
Fort Washington
PA
NEXA Mortgage, LLC
Chandler
AZ
Nexera Holding LLC
Emeryville
CA
Nexus Nova LLC
Minneapolis
MN
NFM, Inc.
Linthicum
MD
NMSI, Inc.
Los Angeles
CA
North Central WV Community Action Association, Inc.
Fairmont
WV
Norwich Commercial Group, Inc.
Avon
CT
NP, INC.
Boca Raton
FL
NSM Services Private
Limited
Chennai
NVR Mortgage Finance, Inc.
Pittsburgh
PA
26
NWL Company, LLC
New York
NY
Obsidian Financial Services, Inc.
Melbourne
FL
Oceanside Mortgage Company
Toms River
NJ
Ocwen Financial Solutions Private Limited
Bengaluru
OMSAI COM LLC
Chantilly
VA
On Q Financial, LLC
Scottsdale
AZ
One Reverse Mortgage, LLC
Detroit
MI
OneMain Mortgage Services, Inc.
Evansville
IN
Onslow Bay Financial LLC
New York
NY
Open House Lending Corporation
White Marsh
MD
Open Mortgage, LLC
Austin
TX
OriginPoint LLC
Chicago
IL
Paramount Residential Mortgage Group, Inc.
Corona
CA
Peace Home Lending LLC
Fairfax
VA
PENNYMAC CORP.
Westlake Village
CA
PennyMac Holdings, LLC
Westlake Village
CA
PennyMac Loan Services, LLC
Westlake Village
CA
PHH
Mortgage Corporation
Mount Laurel
NJ
Pike Creek Mortgage Services, Inc.
Newark
DE
Pingora Loan Servicing, LLC
Denver
CO
Planet Home Lending, LLC
Meriden
CT
Plateau Data Services, LLC
Scottsdale
AZ
Platinum Home Mortgage Corporation
Hoffman
Estates
IL
Plaza Home Mortgage, Inc.
San Diego
CA
Polaris Home Funding Corp.
Grandville
MI
Positive Rate Mortgage, LLC
Raleigh
NC
Potomac Mortgage Advisors LLC
Potomac Falls
VA
Potomac Trust Mortgage Company LLC
Alexandria
VA
PRECISION
MORTGAGE LLC
Rockville
MD
Premia Mortgage, LLC
Troy
MI
Premier Mortgage LLC
Morgantown
WV
Premier Mortgage Resources, L.L.C.
Meridian
ID
Primary Residential Mortgage, Inc.
Salt Lake City
UT
PrimeLending, A PlainsCapital Company
Dallas
TX
Primis
Mortgage Company
Wilmington
NC
Princeton Financial, LLC
Carnegie
PA
Princeton Mortgage Corporation
Ewing
NJ
Prosperity Home Mortgage, LLC
Chantilly
VA
Provident Funding Associates, L.P.
Santa Rosa
CA
Quality Mortgage LLC
Vienna
VA
Quantum
Servicing Corporation
Tampa
FL
Quintessential Mortgage Group, LLC
White Plains
NY
Radian Mortgage Capital LLC
Denver
CO
27
Radius Financial Group Inc.
Norwell
MA
Rapid Mortgage Capital Corp.
Mission Viejo
CA
Rapid Mortgage Company
Cincinnati
OH
Rapid Mortgage Funding Inc.
Bingham Farms
MI
RateGravity, Inc.
Boston
MA
Raymond James Mortgage Company, Inc.
Memphis
TN
RBS Financial Products Inc.
Stamford
CT
Real Genius LLC
Delray Beach
FL
Real Time Resolutions, Inc.
Dallas
TX
RealFi Home
Funding Corp.
White Plains
NY
Redwood Residential Acquisition Corporation
Mill Valley
CA
Regents Financial, LLC
Troy
MI
Reliance First Capital, LLC
Melville
NY
Renovation Finance LLC
Philadelphia
PA
Reverse Mortgage Funding LLC
Bloomfield
NJ
REVOLUTIONARY MORTGAGE COMPANY
Frederick
MD
Rising Sun Group LLC
Potomac
MD
Ritter Mortgage Group, Inc.
Westminster
MD
RLF Mortgage Corporation
Plano
TX
RMC Home Mortgage, LLC
Wexford
PA
RMI Brokers, Inc.
Brentwood
CA
Rocket Mortgage, LLC
Detroit
MI
RoundPoint Mortgage Servicing LLC
Fort Mill
SC
Royal United Mortgage LLC
Indianapolis
IN
Ruoff Mortgage Company, Inc.
Fort Wayne
IN
Rushmore Loan Management Services LLC
Irving
TX
RWT Home, Inc.
Mill Valley
CA
SAFE Housing and
Economic Development, Inc.
Welch
WV
Sagamore Hill LLC
Irving
TX
Sailfish Servicing, LLC
Saint Petersburg
FL
Schumacher Mortgage LLC
Canton
OH
Scratch Services, LLC
San Francisco
CA
SecurityNational Mortgage Company
Salt Lake City
UT
Select
Portfolio Servicing, Inc.
West Valley City
UT
Selene Finance LP
Dallas
TX
Seneca Mortgage Servicing LLC
Newtown
CT
ServiceMac, LLC
Fort Mill
SC
Servion, Inc.
New Brighton
MN
Servis One, Inc.
Irving
TX
SI Mortgage Company
Sterling Heights
MI
Sierra Pacific Mortgage Company, Inc.
Folsom
CA
Silver Hill Funding, LLC
Coral Gables
FL
Simplist Mortgage LLC
Manhasset
NY
28
SIRVA Mortgage, Inc.
Independence
OH
Siwell, Inc.
Lubbock
TX
SN Servicing Corporation
Baton Rouge
LA
SoFI Lending Corp.
Cottonwood
Heights
UT
Sourcepoint, Inc.
Palm Bay
FL
Southern Trust Mortgage, LLC
Virginia Beach
VA
Southwest Funding, LP
Dallas
TX
Southwest Stage Funding, LLC
Chandler
AZ
Specialized Loan Servicing LLC
Greenwood Village
CO
Statebridge
Company, LLC
Greenwood Village
CO
STG MORTGAGE INC
Anaheim
CA
Stockton Mortgage Corporation
Frankfort
KY
Streber Mortgage, LLC
Wilmington
OH
Strong Home Mortgage, LLC
Manassas
VA
SUCCESS Lending, LLC
Schaumburg
IL
Success Mortgage Partners, Inc.
Plymouth
MI
Success Mortgage, LLC
Winchester
VA
SUMMIT FUNDING, INC.
Sacramento
CA
Sun West Mortgage Company, Inc.
Buena Park
CA
SUNNY LENDING, LLC
Gaithersburg
MD
Sutherland Mortgage Services, Inc.
Sugar Land
TX
Sutton Funding LLC
New York
NY
SWBC Mortgage Corporation
San Antonio
TX
Synergy One Lending, Inc.
San Diego
CA
T2 Financial LLC
Westerville
OH
Tammac Holdings Corporation
Wayne
PA
TCS e
-
Serve International Limited
Dallas
TX
THA Mortgage, LLC
Mansfield
OH
The American
Mortgage Group LLC
Inwood
WV
The Commonwealth Services Group Inc.
Germantown
TN
The Fairmont
-
Morgantown Housing Authority
Fairmont
WV
The Fortress Group Total Home Finance, LLC
Germantown
MD
THE MONEY SOURCE INC.
Phoenix
AZ
The Mortgage Link, Inc.
Rockville
MD
Thrive Mortgage, LLC
Georgetown
TX
Tidewater Mortgage Services, Inc.
Virginia Beach
VA
Tim Rutherford Company, LLC.
Tazewell
VA
TJC Mortgage, Inc.
Birmingham
AL
Total Mortgage Services, LLC
Milford
CT
Towne Mortgage Company
Troy
MI
Traditional Mortgage Acceptance Corporation
Bellevue
WA
Triad Financial Services, Inc.
Jacksonville
FL
Trident Home Loans, LLC
Pensacola
FL
29
Trinity Financial Services, LLC
Palm Beach
Gardens
FL
TriStar Finance, Inc.
Kirkland
WA
TruHome
Solutions, LLC
Lenexa
KS
Trustar Mortgage, LLC
McLean
VA
Truvion
Irvine
CA
UMortgage LLC
Philadelphia
PA
Union Home Mortgage Corp.
Strongsville
OH
United Mortgage Corp.
Melville
NY
UNITED SECURITY FINANCIAL CORP
Murray
UT
United Wholesale
Mortgage, LLC
Pontiac
MI
US Mortgage Corporation
Melville
NY
Valley West Corporation
Las Vegas
NV
Valon Mortgage, Inc.
Phoenix
AZ
Van Dyk Mortgage Corporation
Grand Rapids
MI
Vanderbilt Mortgage and Finance, Inc.
Maryville
TN
VBS Mortgage, LLC
Harrisonburg
VA
Vellum Mortgage, Inc.
Fairfax
VA
Vertical Launch, LLC
Heath
TX
Verus Residential Loanco, LLC
Washington
DC
Victorian Finance, LLC
Pittsburgh
PA
Victory Mortgage Solutions LLC
Frederick
MD
Village Capital & Investment LLC
Henderson
NV
Vista Point Mortgage, LLC
Irvine
CA
VRM LENDING LLC
Pomona
CA
Watermark Capital, Inc.
Irvine
CA
Waterstone Mortgage Corporation
Pewaukee
WI
Wemlo, LLC
Boca Raton
FL
Weststar Mortgage Corporation
Albuquerque
NM
Wipro Gallagher
Solutions, LLC
Atlanta
GA
Zenta Mortgage Services, LLC
Charlotte
NC
Zillow Group Marketplace, Inc.
Seattle
WA
Zillow Home Loans, LLC
Irvine
CA
30
WEST VIRGINIA LICENSED MONEY TRANSMITTERS
Company Name City State
Conotoxia, Inc.
Chicago
IL
Puzzl Group Inc.
San Francisco
CA
Wyre Payments, Inc.
Miami
FL
ACI Payments, Inc.
Elkhorn
NE
Affirm Payments, LLC
San Francisco
CA
Airbnb Payments, Inc.
San
Francisco
CA
AirPlus International, Inc.
Alexandria
VA
Airwallex US, LLC
San Francisco
CA
Alipay US, Inc.
Sunnyvale
CA
Amazon Payments, Inc.
Seattle
WA
American Express Prepaid Card Management Corporation
Phoenix
AZ
American Express Travel
Related Services Company, Inc.
New York
NY
Apple Payments Inc.
Cupertino
CA
Asure Operations Inc.
Austin
TX
AvidXchange, Inc.
Charlotte
NC
Bakkt Crypto Solutions, LLC
Alpharetta
GA
Bakkt Marketplace, LLC
Alpharetta
GA
BAM Trading Services Inc.
Miami
FL
BARRI MONEY SERVICES, LLC
Houston
TX
Bill.com, LLC
San Jose
CA
BillGO MT, Inc.
Fort Collins
CO
BitGo Trust Company, Inc.
Sioux Falls
SD
BitRail, LLC
Delray Beach
FL
Bitstamp USA, Inc.
New York
NY
Blackhawk Network California, Inc.
Pleasanton
CA
Block, Inc.
Oakland
CA
Blockchain.com, Inc.
Miami
FL
Brale Inc.
Des Moines
IA
Brex Payments LLC
Salt Lake City
UT
CAMBRIDGE MERCANTILE CORP. (U.S.A.)
New York
NY
Cboe Clear Digital, LLC
Chicago
IL
CEX.IO CORP.
Naperville
IL
Check
Payments LLC
New York
NY
CheckFreePay Corporation
Alpharetta
GA
Checkout US, INC.
New York
NY
Chime Inc.
Boston
MA
Circle Internet Financial, LLC
Boston
MA
Coinbase, Inc.
San Francisco
CA
Coinme Inc.
Bellevue
WA
CoinX, Inc.
Lehi
UT
31
CoinZoom, Inc.
Salt Lake City
UT
Comdata TN, Inc.
Brentwood
TN
Continental Exchange Solutions, Inc.
Buena Park
CA
Convera USA, LLC
Denver
CO
Creative Solutions Software Corp.
Ann Arbor
MI
CSG Forte Payments, Inc.
Fort Worth
TX
Currency Com US LLC
Jersey City
NJ
Currency Exchange International Corp
Orlando
FL
DFS GSD Corp.
Phoenix
AZ
E*TRADE Financial Corporate Services, Inc.
Alpharetta
GA
eBay Commerce Inc.
San Jose
CA
Ethos Payment Solutions, Inc.
Irving
TX
eToro USA LLC
Hoboken
NJ
EVERI MTL, LLC
Las Vegas
NV
Expensify Payments LLC
Portland
OR
Figure Payments Corporation
San Francisco
CA
Finxera, Inc.
Alpharetta
GA
Flexa Network Inc.
New York
NY
Flywire Global Corp.
Boston
MA
Foris DAX, Inc.
Miami
FL
Fortress Trust LLC
Las
Vegas
NV
GalaxyOne Prime LLC
Jersey City
NJ
Gemini Trust Company, LLC
New York
NY
Global Holdings LLC
Tulsa
OK
Google Payment Corp.
Mountain View
CA
GPS Capital Markets, LLC
South Jordan
UT
Green Dot Corporation
Austin
TX
GUAVAPAY USA CO.
Lincolnshire
IL
Gusto, Inc.
San Francisco
CA
Hopper Money (USA), Inc.
Boston
MA
IDT Payment Services, Inc.
Newark
NJ
Incomm Financial Services, Inc.
Columbus
GA
Inmar Services, LLC
Winston
-
Salem
NC
Integrated Payment Systems Inc.
Alpharetta
GA
Intercambio Express, Inc.
Elkhart
IN
Intermex Wire Transfer, LLC
Miami
FL
Internet Escrow Services, Inc.
San Francisco
CA
Intuit Payments Inc.
Mountain View
CA
INX Digital, Inc.
Gaithersburg
MD
JHA Money Center, Inc.
Monett
MO
JPay LLC
Miramar
FL
Keefe Commissary Network, L.L.C.
Saint Louis
MO
Klarna Inc.
Columbus
OH
32
Layer2 Financial Inc.
Miami
FL
LL Pay U.S., LLC
New York
NY
Luno US, Inc.
Stamford
CT
Mastercard Transaction Services (US) LLC
New York
NY
Maxitransfers LLC
Irving
TX
MEMO
Financial Services, Inc.
Wormleysburg
PA
Mercari, Inc.
Palo Alto
CA
Meta Payments Inc.
Menlo Park
CA
Mezu (NA), Inc.
Denver
CO
Monex Inc.
Washington
DC
Money Management International, Inc.
Stafford
TX
Moneycorp US Inc.
Providence
RI
Moneydart Global Services Inc.
Iselin
NJ
MoneyGram Payment Systems, Inc.
Minneapolis
MN
MOOMOO CRYPTO INC.
Palo Alto
CA
MoonPay USA LLC
Miami
FL
MSB USA Inc
Plano
TX
NetSpend Corporation
Austin
TX
NIC Services, LLC
Overland Park
KS
Nuvei US LLC
Scottsdale
AZ
NYDIG Execution LLC
New York
NY
NYDIG Trust Company LLC
New York
NY
Omnex Group, Inc.
Englewood Cliffs
NJ
OwlTing USA, Inc.
Arlington
VA
Pangea USA, LLC
Chicago
IL
Paychex Holdings, LLC
Rochester
NY
PayNearMe MT, Inc.
Santa Clara
CA
Payoneer Inc.
New York
NY
PayPal, Inc.
San Jose
CA
Paysend US LLC
Miami
FL
PINGPONG GLOBAL SOLUTIONS INC
San Mateo
CA
Pionex Inc.
Princeton
NJ
PLACID NK CORPORATION
Jackson Heights
NY
PNC Global Transfers, Inc.
Houston
TX
Prime Trust, LLC
Las
Vegas
NV
PrimePay, LLC
West Chester
PA
Provenance Technologies, Inc.
San Francisco
CA
Rakuten Card USA, Inc.
San Mateo
CA
RAM Payment, LLC
Knoxville
TN
Ramp Payments Corporation
New York
NY
RealNet Payments LLC
Milwaukee
WI
RealPage Payments
Services LLC
Richardson
TX
Remitly, Inc.
Seattle
WA
33
Ripple Markets DE LLC
San Francisco
CA
Rippling Payments, Inc.
San Francisco
CA
River Financial Inc.
Columbus
OH
Robinhood Crypto, LLC
Menlo Park
CA
Robinhood Money, LLC
Menlo Park
CA
Servicio UniTeller, Inc.
Rochelle Park
NJ
Sigue Corporation
Sylmar
CA
Skrill USA, Inc.
Jacksonville
FL
SNAPPAY USA INC.
Wilmington
DE
Sofi Digital Assets, LLC
San Francisco
CA
StoneX Payment Services Ltd.
Miami
FL
String XYZ LLC
Oakland
CA
Stripe Payments Company
South San Francisco
CA
Tango Card, Inc.
Seattle
WA
TapTap Send Payments Co.
New York
NY
Tech Friends, Inc.
Jonesboro
AR
The Currency Cloud Inc.
New York
NY
Tilia LLC
San Francisco
CA
Tipalti, Inc.
Foster City
CA
Toast
Processing Services LLC
Chicago
IL
TouchPay Holdings, LLC
Dallas
TX
Transfermate, Inc.
Chicago
IL
U.S. Payments, LLC
Tulsa
OK
Unchained Trading, LLC
Austin
TX
Uphold HQ Inc.
Larkspur
CA
USForex Inc.
San Francisco
CA
Veem Payments Inc.
San
Francisco
CA
VIAMERICAS CORPORATION
Coral Gables
FL
Visa Global Services Inc.
Foster City
CA
Voyse Technologies US, Inc.
San Francisco
CA
Wave Financial USA Inc.
Denver
CO
Webull Pay LLC
New York
NY
Western Union Financial Services, Inc.
DENVER
CO
Western Union International Services, LLC
Denver
CO
WEX Payments Inc.
Portland
ME
WisdomTree Digital Movement, Inc.
New York
NY
Wise US Inc.
New York
NY
WorldRemit Corp.
Denver
CO
YapStone, Inc.
Walnut Creek
CA
Yardi Payments, LLC
Santa
Barbara
CA
Zap Solutions, Inc.
Chicago
IL
ZEBEDEE, LLC
Hoboken
NJ
Zero Hash LLC
Chicago
IL
34
WEST VIRGINIA REGULATED CONSUMER LENDERS
Company Name Address City
Company Name
Type
Street Address
City
Beckley Loan Company
Main
622 Neville Street
Beckley
Lendmark
Financial Services of
West Virginia, Inc.
Main
796 Foxcroft Avenue, Suite 105
Martinsburg
Branch
105 LB&T Way
Logan
Branch
10 River Walk Drive South Charleston
Branch
3020 Champion Drive
Barboursville
Branch
250 Piercy Drive, Suite 17
Lewisburg
Branch
506 Emily Drive
Clarksburg
Branch
6526 Mall Road
Morgantown
Branch
150 Courthouse Road, Suite 104
Princeton
Branch
910 Nitro Market Place
Cross Lanes
Branch
121 Beckley Crossing Shopping Center
Beckley
Branch
2600 Middletown Commons, Suite 137
Whitehall
Branch
2200 Grand Central Avenue, Suite 105
Vienna
Branch
217 Oak Lee Drive, Suite 2B
Ranson
OneMain Financial, Inc.
Main
340 MacCorkle Avenue, Suite 310
Charleston
Branch
63A Water Street
Logan
Branch
129 Dayton Street
Beckley
Branch
522 Emily Drive
Clarksburg
Branch
4341 Route 60 East, Suite 175
Huntington
Branch
101 Tygart Mall Loop, Suite 106
Whitehall
Branch
1253 Stafford Drive
Princeton
Branch
271 Mall Road
Oak Hill
Branch
1021 National Road, Suite 1
Wheeling
Branch
2837 Pike Street, Suite 2B
Parkersburg
Branch
213 Coleman Drive, Suite 6
Lewisburg
Branch
57 Middleway Pike, Suite B
Inwood
Branch
1349 Edwin Miller Boulevard
Martinsburg
Branch
196 N Tornado Way, Suite 5
Keyser
Branch
95 West Main Street
Buckhannon
35
WEST VIRGINIA FINTECH REGULATORY SANDBOX PARTICIPANTS
None
36
VERIFICATION OF ANNUAL REPORT
I, M. Katherine Lawson, having been duly authorized by Commissioner Dawn E.
Holstein, hereby verify, pursuant to WV Code §31A-2-12, that:
In making the examination of each financial institution a qualified person
employed by the Division of Financial Institutions has personally and carefully
inspected the books, papers and affairs of the institution, or, in the case of
certain banking institutions, the Division of Financial Institutions has accepted a
reasonably current examination made by the Federal Deposit Insurance
Corporation or the Federal Reserve System; and
As far as I know or am informed, neither the Commissioner nor any other
person in the Division of Financial Institutions has, in any case received or agreed
to receive directly or indirectly any reward, gift, or promise thereof, from any
officer or other person connected with any financial institution.
_______________________________
M. Katherine Lawson
Taken, subscribed and sworn to before me this 15th day of November 2023.
__________________________
Notary Public
