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EX-99.1 - NEW PEOPLES BANKSHARES INCnpbs8k072216ex99_1.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 8-K

 

Current Report

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported):  July 22, 2016

 

New Peoples Bankshares, Inc.

(Exact name of registrant as specified in its charter)

 

Commission File Number:  000-33411

 

VA   31-1804543
(State or other jurisdiction of   (IRS Employer
incorporation)   Identification No.)

 

67 Commerce Drive

Honaker, VA 24260

(Address of principal executive offices, including zip code)

 

(276) 873-7000

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[ ]Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 




 

 
 

 

Item 8.01 Other Events
   

On July 22, 2016, New Peoples Bank, Inc., a wholly-owned subsidiary of New Peoples Bankshares, Inc., and its wholly-owned subsidiary NPB Insurance Services, Inc. announced by press release it is teaming up with The Hilb Group of Virginia dba CSE Insurance Services, a division of The Hilb Group, LLC, located in Abingdon, Virginia, to provide insurance services for its current and future customers. A copy of the joint press release is attached hereto as Exhibit 99.1.

 

Item 9.01 Financial Statements and Exhibits

 

  (d) The following exhibit is included with this report:

 

Exhibit No.   Exhibit Description
     
99.1   Joint press release dated July 22, 2016

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

NEW PEOPLES BANKSHARES, INC.

(Registrant)

 

 

Date: July 22, 2016

By: /s/ JOSEPH D. PENNINGTON

Joseph D. Pennington

Senior Vice President and

Chief Financial Officer