WV Banking Department

Administrative Actions - Budget Finance Closure, Ultralight FS Revocation, Amerbank Cease and Desist

The West Virginia Division of Financial Institutions issued multiple administrative actions affecting financial institutions and consumers. These include a public order regarding the unexpected closure of Budget Finance Company in New Martinsville, an Order of Revocation for Ultralight FS, Inc., an Agreed Order for Carteret Mortgage Corporation, and Cease and Desist Orders for Amerbank LLC/Dolare LLC.