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Powell Valley National Bank was established in 1888 in Jonesville, Virginia. With bank headquarters remaining in Jonesville, Powell Valley National Bank has opened branches in Pennington Gap, Wise, Big Stone Gap, and Duffield over the years. In 2014, Powell Valley Bankshares, Inc.created an affiliate, Powell Valley Investment Services, offering securities through Infinex Investments, Inc.  Powell Valley National Bank also opened a loan production office in Kingsport, TN the same year.  With over 125 years of community banking experience, Powell Valley National Bank is the oldest bank in far Southwest Virginia and the 5th oldest bank in Virginia. The bank has prospered through 27 economic recessions, and continues to have one of the strongest capital ratios in the United States. According to the most recent FDIC deposit reports, Powell Valley National Bank is #1 in market deposit share for the Lee, Scott, and Wise county region.

  • Cory Dotson Joins Bank

    Powell Valley National Bank (PVNB, Bank) is pleased to announce that Cory Dotson has joined the Bank as a Vice President and Business Development Officer. His primary office location will be the Wise, Virginia Office. “We are very excited to have Cory Dotson join the officers and staff of PVNB”, said Leton L. Harding, Jr. …

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  • Kingsport Loan Office Opening

    Powell Valley National Bank (PVNB, Bank) is pleased to announce the opening of a loan production office at 217 Broad Street, Suite 102 Kingsport, Tennessee. “We are very pleased to announce the opening of our Kingsport Loan Production Office”, said Leton L. Harding, Jr. CEO of the Bank. “Over the years we have had the …

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  • T. Allen Poole Joins as Investment Executive

    Powell Valley National Bank (PVNB, Bank) has announced that T. Allen Poole has joined Powell Valley Investment Services, as the Bank’s Infinex Investment Executive. “We are very pleased to have Allen join our team”, said Lloyd C. “Sonny” Martin, President and CEO of the Bank. “So many of our customers have expressed their interest in …

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  • PVNB Creates Investment Services

    Powell Valley National Bank (PVNB, Bank) has announced the creation of Powell Valley Investment Services, a new entity to offer access to investment and financial services for its customers and the general public. Investment services are offered through Infinex Investments, Inc., a broker/dealer owned primarily by community banks. “We are very pleased to have expanded …

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