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New Peoples Bankshares CFO resigning

Joseph Pennington is resigning as senior vice president, CFO, secretary, and treasurer of Honaker, Va.-based New Peoples Bankshares Inc. and unit New Peoples Bank Inc.

Pennington's resignation, which is effective June 30, was not a result of any disagreement with the company on any matter related to its operations, policies, or practices, the company said in a Form 8-K filed June 7.