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Financial News
/ News Archives / HomeAre you eligible for an $8000 tax credit? About the First Time Homebuyer Tax Credit
The $8,000 First-Time Homebuyer Credit was scheduled to expire on December 1st, 2009. On November 5th the House and Senate voted to extend the $8,000 credit into 2010 by passing the Worker, Homeownership and Business Assistance Act of 2009 (WHBAA). President Obama signed these changes into law on November 6, 2009. … Continue Reading Are you eligible for an $8000 tax credit? About the First Time Homebuyer Tax Credit
CNB Listed in US Bankers Top 200 Community Banks and Thrifts
Berkeley Springs, WV - CNB Financial Services, Inc. (CNB Bank, Inc.) of Berkeley Springs, WV was recognized in the US Banker Magazine as one of the top 200 Community Banks and Thrifts in America based upon a 3-year average of Return on Equity (ROE). CNB was listed 124th. Chairman of the … Continue Reading CNB Listed in US Bankers Top 200 Community Banks and Thrifts
IRS Offers Tips to Avoid Recovery Rebate Credit Confusion
WASHINGTON –– In response to errors showing up on early tax filings, the Internal Revenue Service today urged taxpayers and tax preparers to make sure they properly determine eligibility for the recovery rebate credit before they file their 2008 federal tax returns. Some individuals who did not get the economic stimulus … Continue Reading IRS Offers Tips to Avoid Recovery Rebate Credit Confusion
Beware of this bank and its practices
In my Merriam-Webster Dictionary I looked up two words, they were “BANK” and “PREDATORY.” The definition for BANK was this… An establishment concerned with the custody, loan, exchange, or issue of money, the extension of credit, and the transmission of funds. When I looked up the word PREDATORY I found the … Continue Reading Beware of this bank and its practices
An Open Letter to the Eastern Panhandle from CNB Bank, Inc. President Tom Rokisky
Dear CNB Customers, Residents and Businesses of the Eastern Panhandle and Western Maryland: We begin 2009 in the midst of one of the most challenging periods in many years. You see everyday in the national news that our global economy is in disarray and the banking industry is under pressure. You … Continue Reading An Open Letter to the Eastern Panhandle from CNB Bank, Inc. President Tom Rokisky
Who Do You Trust?
At the present time with all the financial uncertainty which we are experiencing we’re being bombarded with financial terms that are foreign, and definitions that are unknown such as sub-prime, credit default swaps, Libor, toxic paper, derivatives, 201K plans (as opposed to former 401K’s), and the government TARP programs. Many of … Continue Reading Who Do You Trust?
A Consumers Perspective on Advertising
As I went through my daily cruise through some of the various financial internet sites which interested me this morning, I came upon this headline. “Retailers report steep sales declines in October; Wal-Mart was among the few exceptions.” The article went on to say this, “ the nation’s retailers saw their … Continue Reading A Consumers Perspective on Advertising
AIG - Educated People Doing Uneducated Things
Continue Reading AIG - Educated People Doing Uneducated Things
Profitably Serving Happy Customers
As business owners we have much in common. In addition to the excitement, challenge, and long hours we are also bound by the common law that determines our success or failure. Divination, astrology and physic readings may help with the journey but a sure-fire way to see the direction our business … Continue Reading Profitably Serving Happy Customers
New Tax Systems Make Tax Compliancy Easier
CHARLESTON, W.Va.—Governor Joe Manchin and the West Virginia State Tax Commissioner, Christopher G. Morris, today announced an innovation in modern tax administration in West Virginia. “From paying your bills to checking your bank account, online activity is flourishing in the private sector. The State Tax Department is taking online tax payments … Continue Reading New Tax Systems Make Tax Compliancy Easier
When The Going Gets Tough ?????
Back in 1972 which may seem like a lifetime to some, a rock band from north of the border called the “Five Man Electrical Band” wrote a minor hit simply called “Signs”. The tune began with these words…. “Sign sign everywhere a sign…..” I bring this up, not to reminisce, but … Continue Reading When The Going Gets Tough ?????
Is It Time to Refinance Your Adjustable-Rate Mortgage?
Berkeley Springs, WV (September, 2007)— The Independent Community Bankers of America (ICBA) and CNB Bank, Inc. are calling attention to one smart strategy for homeowners with an adjustable-rate mortgage (ARM) scheduled to reset in the coming months: Talk to a local community bank about your refinancing options. “In Morgan County, Berkeley … Continue Reading Is It Time to Refinance Your Adjustable-Rate Mortgage?
Community Banks Unaffected Amid Talk of National Credit Crunch
Washington, D.C. (September 14, 2007)— CNB Bank Inc, a member of the Independent Community Bankers of America (ICBA), which represents 5,000 community banks nationwide, said today that community banks remain a stable source of mortgage and small business loans even as the national mortgage market is being buffeted by talk of … Continue Reading Community Banks Unaffected Amid Talk of National Credit Crunch
