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Jefferson Security Bank
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Summary
location iconShepherdstown, West Virginia
company sizeCompany size: 51-200

The Bank originally opened its doors in 1869 and operated from the B.F. Harrison residence in Shepherdstown. Growth led to relocation to the Billmeyer Building in 1873 and again to a new bank facility at the comer of Princess and German Streets in 1906. In 1975 a new larger bank facility was constructed at the comer of Washington and Princess Streets in Shepherdstown. Company is a community bank that partners with its customers to enhance their lives and enrich the communities through local-decision making.

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Commercial Banks
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Jefferson Security Bank - Recent News & Articles

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May 4, 2024
Private equity firms step up plans to edge banks out of low-risk lending

Private equity firms including Apollo Global, KKR, Blackstone and Brookfield are accelerating efforts to make low-risk loans, encroaching on territory...

Apr 27, 2024
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Republic First is seized, assets sold to Fulton Bank

The first bank failure of 2024 punctuates the discord that has brewed at Republic First for more than two years. Fulton, meanwhile, will double its Ph...

Source: BankingDive
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The Federal Reserve is stressing the importance of fintechs and core providers for the future expansion of its new instant payments system FedNow. The...

Apr 12, 2024
How FedNow is Shaping Payments Since its Groundbreaking Launch

In the six months following its groundbreaking launch in July 2023, FedNow has emerged as a transformative force in real-time payments, marking a sign...

Source: Finextra
Apr 5, 2024
Bank deposits are back above pre-SVB levels. Regional lenders still have problems.

Banks have now regained all deposits they lost following the collapse of Silicon Valley Bank. But that doesn't solve many of the problems still faced ...

Source: Yahoo
Mar 13, 2024
Visualizing Major U.S. Banks by Commercial Real Estate Exposure

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Mar 13, 2024
Goldman Sachs Aims for $300 Billion Private Credit Portfolio

Goldman Sachs Asset Management is reportedly planning a major expansion of its private credit portfolio. The Wall Street giant aims to grow that portf...

Source: PYMNTS
Mar 11, 2024
Powell warns commercial real estate woes will lead to bank failures: ‘This is a problem that we’ll be working on for years’

Federal Reserve Chair Jerome Powell joined a chorus of US officials who have argued that mounting bad commercial real estate loans will likely cause s...

Source: Fortune
Mar 7, 2024
Why private equity has been involved in every recent bank deal

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Source: CNBC
Feb 16, 2024
Hindenburg’s latest short target Temenos rejects allegations as share price tumbles

Temenos shares were down over 6% on Friday after closing over 28% lower on Thursday. The Swiss software company said its board of directors “fundament...

Source: CNBC