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Sunday, 5 April 2020

A bank failure in the US



West Virginia Bank FAILS - 


Coronavirus



https://halturnerradioshow.com/index.php/en/news-page/news-nation/west-virginia-bank-fails-coronavirus

A small bank in West Virginia has become the first institution to fail during the coronavirus crisis.
The bank had been experiencing difficulties since 2015 and its 2019 capital levels were too low, the Federal Deposit Insurance Corp. announced Friday.
The First State Bank of Barboursville, with $152 million in total assets, was closed Friday by the West Virginia Division of Financial Institutions.
The bank's $139.5 million in deposits will be acquired by MVB Bank Inc. of Fairmont, W. Va. The four branches of The First State Bank were set to reopen as branches of MVB Bank on Saturday, the FDIC said.


NEW YORK CITY VIRUS: 


2,634 DEAD

New York City's death toll saw a staggering jump from the last report, 2,624 fatalities, Cuomo staffer Melissa DeRosa said Saturday.
The number of cases in New York City was 63,306.

Outside New York City, 941 have died in the rest of the state.
NYPD
6,698 uniformed members of the New York City Police Department (NYPD) are on sick report which accounts for 18.5% of the Department's uniformed workforce.

1,775 uniformed members and 260 civilian members tested positive for the coronavirus.
FDNY 
Approximately one out of every four FDNY EMS members called out sick on Friday, just as coronavirus has led to an all-time high in 911 calls that have flooded the system.
Of the more than 4,000 EMTs and paramedics who are part of the FDNY, 24 percent called out sick, according to the department.
There were 17 percent of firefighters also out on sick leave, the department said, with the combined number of EMS members and firefighters out sick around 3,000.
New records are being set daily. The FDNY says they are having to put calls on hold because of the volume.
Nearly 400 members of the FDNY (including EMS, firefighters and civilians) have tested positive for COVID-19.
Sometimes being blunt works best in NYC:

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