July 30, 2021

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Breifcase | Money | register-herald.com

State parks with job fair in Pipestem

The West Virginia State Parks system will host an on-site virtual job fair at Pipestem Resort on May 11th to recruit employees for positions in the park.

The job fair, hosted in conjunction with the West Virginia Natural Resource Division, Workforce West Virginia, and Region 1 and 3 Workforce Development Boards, is open from 9:00 a.m. to 2:00 p.m.

The open-air job fair takes place in the park’s visitor center near the Canyon Rim Center.

Registration is possible at region3wibkc.org. Those who cannot participate in person or online can still send an application to [email protected] or directly to the park at the following address:

Pipestem Resort State Park

3405 Pipestem Dr.

P.O. Box 150

Pipestem, WV 25979-0150

Office: 304-466-2804

Fax: 304-466-2803

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Concord University freshman Henry Wallace was selected as the first recipient of the Gregory and Mary Aloia Veteran Fellowship.

Wallace is studying business administration with a focus on management. He is also a Specialist (E-4) in the Army Reserves, having served at the Army Reserves Center in Bluefield for more than three years. Henry’s hometown is North Spring, W.Va.

To receive the scholarship, a student must be a veteran and be active in the Student Veterans Association. The scholarship price is $ 500. Dr. Gregory Aloia, who served as President of Concord from 2008 to 2013, and his wife, Mrs. Mary Aloia, who was the university’s first lady at the time, established the scholarship.

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United Bankshares, Inc. reported record earnings of $ 106.9 million, or $ 0.83 per diluted share, for the first quarter of 2021 compared to earnings of $ 40.2 million, or $ 0.40 per diluted share, in the first quarter of 2020 .

The first quarter 2021 results showed an annualized return on average assets, average equity, and average tangible equity of 1.64 percent, 9.97 percent and 17.20 percent, respectively, compared to an annualized return of 0.82 percent , 4.82 percent and 8.77 percent, respectively, in the first quarter of 2020.

The record results were mainly driven by higher mortgage banking revenues driven by increased volume of mortgage loan origins and sales in the secondary market, the impact of the Carolina Financial Corporation acquisition, and a lower provision for loan losses, mainly due to better performance trends within the Credit portfolios and an improved macroeconomic forecast for the future according to the Current Expected Credit Loss (CECL) accounting standard.

“We achieved record net income of $ 107 million, record diluted earnings per share of $ 0.83, and annualized return on average assets of 1.64 percent,” said Richard M. Adams, chairman and United CEO, in a press release. “Our credit quality and regulatory metrics remain strong and position us well for further growth as the economy recovers from the effects of the COVID-19 pandemic.”

– The Register Herald