Exhibit 99
NEWS RELEASE

                                                           For Immediate Release
                                                                  August 8, 2003

For Further Information Contact:
Charles R. Hageboeck, CFO
(304) 769-1102

         City Holding Company Announces Settlement In Claim Against FDIC

Charleston, West Virginia - City Holding Company, "the Company" (NASDAQ:CHCO;
NASDAQ:CHCOP), a $2 billion bank holding company headquartered in Charleston,
today announced it has received a net settlement of $1.6 million in resolution
of its claim against the Federal Deposit Insurance Corporation in the FDIC's
capacity as receiver of The First National Bank of Keystone.

This settlement amount will be recorded in the third quarter of 2003 and will
impact the Company's results of operations by $0.9 million, net of tax. The
settlement resolved federal court litigation the Company brought against the
FDIC. The Company had alleged breach of contract by Keystone in connection with
the Company's purchase and servicing of sub-prime loans originated by Keystone.
With this settlement, the Company's claims arising out of its business
relationship with the failed Keystone bank have been resolved.

This news release contains certain forward-looking statements that are included
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Such information involves risks and uncertainties that could
result in the Company's actual results differing from those projected in the
forward-looking statements. Important factors that could cause actual results to
differ materially from those discussed in such forward-looking statements
include, but are not limited to, (1) the Company may incur additional loan loss
provision due to negative credit quality trends in the future that may lead to a
deterioration of asset quality, or conversely, the Company may incur less, or
even negative, loan loss provision due to positive credit quality trends in the
future; (2) the Company may not continue to experience significant recoveries of
previously charged-off loans and the Company may incur increased charge-offs in
the future; (3) the Company may experience increases in the default rates on its
retained interests in securitized mortgages causing it to take impairment
charges to earnings; (4) the Company may not realize the expected cash payments
that it is presently accruing from its retained interests in securitized
mortgages; (5) the Company may experience either faster or slower rates of
amortization of its retained interests and loans previously securitized; (6) the
Company could have adverse legal actions of a material nature; (7) the Company
may face competitive loss of customers associated with its efforts to increase
fee-based revenues; (8) the Company may be unable to maintain or improve upon
current levels of expense associated with managing its business; (9) rulings
affecting, among other things, the Company's and its banking subsidiaries'
regulatory capital and required loan loss allocations may change, resulting in
the need for increased capital levels; (10) changes in the interest rate
environment may have results on the Company's operations materially different
from those anticipated by the Company's market risk management functions; (11)
changes in general economic conditions and increased competition could adversely
affect the Company's operating results; (12) changes in other regulations and
government policies affecting bank holding companies and their subsidiaries,
including changes in monetary policies, could negatively impact the Company's
operating results; (13) the planned purchase of Trust I and Trust II Capital
Securities and the common stock may not occur or may not have the effects
anticipated; and (14) the Company may experience difficulties growing loan and
deposit balances. Forward-looking statements made herein reflect management's
expectations as of the date such statements are made. Such information is
provided to assist stockholders and potential investors in understanding current
and anticipated financial operations of the Company and is included pursuant to
the safe harbor provisions of the Private Securities Litigation Reform Act of
1995. The Company undertakes no obligation to update any forward-looking
statement to reflect events or circumstances that arise after the date such
statements are made.