Charleston West Virginia Economic Development

Discussions on Economic and Community Development in West Virginia and the Charleston MSA as well as issues of the Charleston Regional Chamber of Commerce.

Tuesday, May 05, 2009

Access to Capital in the Age of Toxic Assets

Join us Wednesday, May 6, from noon to 1 p.m. for our CEO Roundtable Luncheon at the Charleston Area Alliance, 1116 Smith St. The topic is "Access to Capital in the Age of Toxic Assets."

Reservations are $10 for members and $20 for future members. Click here to learn more.

This roundtable, led by John DeRito of City National Bank, will address the banking industry in light of the Troubled Assets Relief Program (TARP), the economy and most importantly, what business owners, CEOs and presidents can do to position their firm to access capital in today’s uncertain times.

John DeRito has served as Executive Vice President and Director of Commercial Lending for City National Bank for the past five years. Prior to that, he was the Regional Credit Officer for BB&T in Charleston and was the Senior Vice President and Credit Officer for One Valley Bank, which was purchased by BB&T in 2000.

John is a CPA and is a Magna Cum Laude graduate of Morris Harvey College (now the University of Charleston) and also is a graduate of the American Bankers Association Stonier Graduate School of Banking, held at the University of Delaware. John has taught various financial analysis and cash flow analysis courses for the American Bankers Association, the West Virginia Society of CPAs, the West Virginia Bankers Association and is a member of the Board of Regents of the RMA Carolinas-Virginias Commercial Lending School held annually at East Carolina University. Prior to his career in banking, John was the Controller of Coal Operations for Carbon Industries, an ITT subsidiary located in Charleston.

He has served, and is currently a board member and finance chairman for a number of non-profit organizations in the Charleston area.


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