Premier completes acquisition of Bank of Gassaway - Beckley, Bluefield & Lewisburg News, Weather, Sports

Premier completes acquisition of Bank of Gassaway

Posted: Updated:
  • Local NewsLocal NewsMore>>

  • Organizers prepare for the 24th annual Chili Night in Uptown Beckley

    Organizers prepare for the 24th annual Chili Night in Uptown Beckley

    Tuesday, September 2 2014 7:34 PM EDT2014-09-02 23:34:46 GMT
    The 24th annual Chili Night in Uptown Beckley is quickly approaching. It's a time for local eateries to cook up their best batch of the hearty meal. The competition involves more than 40 participants, three stages of entertainment, vendors, ride and slide activities for kids and more.
    The 24th annual Chili Night in Uptown Beckley is quickly approaching. It's a time for local eateries to cook up their best batch of the hearty meal. The competition involves more than 40 participants, three stages of entertainment, vendors, ride and slide activities for kids and more.
  • Is the iCloud secure? After a celebrity leak, What You can do to Make sure your Information is Safe

    Is the iCloud secure? After a celebrity leak, What You can do to Make sure your Information is Safe

    Tuesday, September 2 2014 7:33 PM EDT2014-09-02 23:33:47 GMT
    We wanted to know just what you can do to make sure your information isn't leaked. Although there's many benefits to "cloud" services, authorities now caution against keeping your private information online.
    We wanted to know just what you can do to make sure your information isn't leaked. Although there's many benefits to "cloud" services, authorities now caution against keeping your private information online.
  • Soon all police will be wearing body cameras

    Soon all police will be wearing body cameras

    Tuesday, September 2 2014 6:37 PM EDT2014-09-02 22:37:42 GMT
    A nationwide debate is taking place after an unarmed black teenager was shot and killed by a white police officer in Ferguson, Missouri .Ferguson cops were given body cameras by two companies after allegations have been made against protesters, who are outraged by the shooting.Soon police around the country could be wearing body cameras.
    A nationwide debate is taking place after an unarmed black teenager was shot and killed by a white police officer in Ferguson, Missouri .Ferguson cops were given body cameras by two companies after allegations have been made against protesters, who are outraged by the shooting.Soon police around the country could be wearing body cameras.

Premier Bank, Inc. has completed its $20.25 million acquisition of the Bank of Gassaway.

Premier's parent, Huntington-based Premier Financial Bancorp, Inc. said Monday that the deal was completed at the close of business on Friday.

Premier president and CEO Robert W. Walker says in a news release that the Bank of Gassaway is a natural fit to expand Premier Bank's branch network into Braxton and Clay counties.

Premier Financial Bancorp is a $1.1 billion community bank holding company. It also owns Vanceburg, Ky.-based Citizens Deposit Bank. 

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.