During my time at the Virginia Bankers Association back in the day, we worked with the General Assembly on a bill that required the date a checking account was opened appear on the face of the check. The issue – merchants were getting so many bad checks, primarily on newer accounts, and losing lots of money.… Read more »
Month: March 2022
Letters From Leton: We The People
Earlier this month the ABA and Virginia Bankers Association (VBA) held the annual Washington Visit. While I have attended many previous Washington Visits, traveling to our nation’s Capital this year was very special in my role as Chairman of the VBA. As I anticipated this trip, I reflected on what “I” have done to be… Read more »
Special Homebuyer Programs (First Time Homebuyers & Community Partners Home Loans)
In participation with the Federal Home Loan Bank of Atlanta’s First-Time Homebuyer Program and Community Partners Product Program, Powell Valley National Bank is helping consumers access funding assistance for down-payment proceeds and closing costs associated with a new home purchase. First-Time Homebuyer Buying your first home is an important milestone in your life. Here at… Read more »