Jonesville, VA–Powell Valley National Bank (PVNB, Bank) is pleased to announce the opening of its newest full-service office located at 24495 Lee Highway in Abingdon, Virginia in the Walmart Development shopping area at Interstate 81, Exit 19. 

On Thursday, June 27^th at 5:30 PM, Powell Valley National Bank, in conjunction with the Washington County Virginia Chamber of Commerce, will host a ribbon cutting ceremony to celebrate the opening of the new state-of-the-art facility.

“We are thrilled to open the doors to our new office, and there’s a lot of excitement surrounding the opening,” stated PVNB Market Executive, Sam Neese.  “We have a very highly-trained and veteran staff of community banking professionals working in our new building.  This staff has served the Washington County community with over 313 years of combined community banking experience,” says Neese. 

Leton L. Harding, Jr., President and CEO, also says, “With over 131 years of community banking experience, our Bank’s commitment to community and our legacy of strength and longevity is reflected in the group of talented and caring local bankers that will be serving Washington County, and the surrounding area, in our new office.  Abingdon and Washington County are a vital part of the economy in our region, and the opening of our new full-service facility echoes our commitment and intent to serve our region.”

The new office operating hours are Monday-Thursday 9AM-5PM; Friday, 9AM-6PM, and drive thru hours Monday-Friday 8AM-6PM and Saturday 8AM-1PM.

Jonesville, VA–Powell Valley National Bank (PVNB, Bank) is pleased to announce the promotion of Ashley Hammonds to Assistant Vice President and Commercial Loan Administration. 

Hammonds joined PVNB in 2004 in the Pennington Gap Office.  Over the last 15 years, Ashley has had the opportunity to work in several different departments and capacities across the Bank.  For the last 2 years, Ashley has worked as a Commercial Loan Processor in the Jonesville office.  She is responsible for receiving and processing commercial loan applications and assisting lending officers during the underwriting process including orders for title work and policies, deeds, inspections, appraisals, and payments of fees.  “Ashley’s strong organization and communication skills, combined with her character, dedication, and commitment to customer service support the core values of PVNB.  She is an asset to our loan administration staff and our PVNB team,” stated Powell Valley National Bank President and CEO, Leton L. Harding, Jr.  

Hammonds is a native of Jonesville, VA.  She is a 2008 graduate Mountain Empire Community College and a 2005 graduate of Lee High School.  Ashley and her husband, Josh, have two children, Ellis and Elijah.  They attend First Baptist Church and reside in Jonesville, VA.  

Jonesville, VA–Powell Valley National Bank (PVNB, Bank) is pleased to announce the promotion of Sarah Moore to Assistant Vice President in the Real Estate Department of the Bank. 

Moore joined PVNB in 2015 as a Mortgage Loan Clerk in Jonesville where her responsibilities include managing the real estate loan origination process for its mortgage loan customers.  “Sarah’s character, strong work ethic, dedication, and commitment to customer service support the core values of PVNB.  She has achieved remarkable results in her time with us and we look forward to her continued contribution to our team and the success of our Bank”, says Powell Valley National Bank President and CEO, Leton L. Harding, Jr.  

Moore is a native of Jonesville, VA.  She attended Mountain Empire Community College and is a 2010 graduate of Lee High School.  Sarah and her husband, Justin, are members of Long Hollow Christian Church and reside in Jonesville, VA.  

A terrible apartment fire at Aspen Ridge Properties in Kingsport yesterday has displaced several families. Four apartments were destroyed leaving four different families at a complete loss of all of their belongings. They only have the clothes on their back and need everything!

We have coordinated with individuals affected by the fire to offer Powell Valley Bank’s Kingsport location as a collection point for donations. Below is a summary of needs:

UPDATE 6/4/2019:  The families affected by the apartment fire are now in need of gift cards to purchase food and gas.

Children’s Needs

• 6-9 month old girl clothes
• Anything else for a baby
• Girls 4T and 5T tops and 3T and 4T bottoms
• Girls shoes size 7/8 toddler and T 11/12
• Boys clothes size 7/8
• Boys shoes size 12 1/2

Women’s Needs

• Pants sizes from 6/7 to 16
• Shirts M-XL
• Shoes 7-9

Men’s Needs

• Pants 34/32, 36/32, 29/30 and 38/30, M-XL
• Shirts M-XL
• Shoes 10, 10.5, and 11

Other Needs

• Unused toiletries
• Chargers
• etc.

We will update the list as more information becomes available. Powell Valley Bank’s Kingsport branch is located at 240 W Center St, in Kingsport, TN. The office is open and accepting donations Monday – Friday 8:30AM – 5:00PM.

Jonesville, VA–Powell Valley National Bank (PVNB, Bank) is pleased to announce the promotion of Jason Laster to Vice President and Director of Information Technology of the Bank. 

Laster joined PVNB in 2002 and previously held the position of Assistant Vice President and Network Administrator.  Over the years Jason has gained a great deal of experience in many different capacities of Information Technology while most recently specializing in the development and execution of PVNB’s Cybersecurity Program.  He is a Certified Banking Cybersecurity Manager and a Certified Banking Security Technology Professional.  In his new role, Laster will oversee PVNB’s team of information technology professionals and continue to manage the Bank’s cybersecurity program, network, and systems.  Additionally, he will oversee the Bank’s business continuity and disaster recovery programs along with daily activities and administration of PVNB’s information services.

“With over 17 years of information technology experience at our Bank, Jason plays a vital role in protecting PVNB and its future, as we strive to stay on the forefront of operational efficiency and cybersecurity,” says Powell Valley National Bank President and CEO, Leton L. Harding, Jr.  “In today’s society, ensuring data security and identity protection is one of the most important functions of any bank and we are confident that as we continue to expand our footprint throughout the region that with Jason’s leadership our Bank will remain at the forefront of technology, security, and safety.”

Laster is a native of Stickleyville, VA.  He holds an Associate’s Degree in Applied Science in Computer Networking Technology from Mountain Empire Community College.  He and his wife, Amanda, have one son, Easton.   They are members of the Woodway Church of God and reside in Stickleyville, VA.

Jonesville, VA–Powell Valley National Bank (PVNB, Bank) is pleased to announce the promotion of Melody Lovell to Assistant Vice President and Senior Loan Administrator of the Bank. 

Lovell joined PVNB in 2015 as a Commercial Loan Processor in the Wise office.  Throughout her banking career, Melody has had the opportunity to work in several different capacities within the profession.  She is a 2018 graduate of the Wise County and City of Norton Chamber of Commerce leadership development program, Forward Wise County.  Lovell has served on the Habitat for Humanity Board of Directors, and is currently serving on its Family Selection Committee.

“Melody has played an integral role in the growth and development of the processes relative to our commercial loan originations,” says Powell Valley National Bank President and CEO, Leton L. Harding, Jr.  “As our Bank continues to expand its footprint across our region, Melody’s dedication, experience, and integrity will be a very significant contribution to the growth of our commercial lending origination initiatives.”

Lovell is a native of Norton, VA.  She is a 2002 graduate of Mountain Empire Community College with an Associate’s Degree in Business Management.  Melody and her son, Elijah, reside in Norton, VA.   They are members of the Norton First Church of God, where Melody serves as Church Council Secretary.

Jonesville, VA— Powell Valley National Bank (PVNB, Bank) is pleased to announce its participation with the Federal Home Loan Bank of Atlanta’s First-Time Homebuyer Program and Community Partners Product Program.  The program provides funding assistance to consumers with down-payment proceeds and closing costs associated with a new home purchase.

Buying a home is an important milestone in a person’s life, and Powell Valley National Bank understands that finding the right financing plan is as important as finding the right home.  In helping to form that strong foundation, PVNB can assist first-time homebuyers in accessing matching funds for the down-payment and closing costs associated with a new home purchase.

For every $1 contributed by the borrower towards their new home purchase, the borrower can receive $4 in matching funds, up to a maximum limit of $5,000. Funding is available to qualified first-time homebuyers.

PVNB is also pleased to announce special financing opportunities for current and retired law enforcement officers, educators, healthcare workers, firefighters, and first responders who are purchasing a new home.  Funding is available to assist with down-payment funds, closing costs, and rehabilitation costs incurred when purchasing a new home.  For every $1 that community partners contribute towards a new home purchase, a borrower can receive $4 in matching funds up to a maximum limit of $7,500.

A borrower’s income must be less than or equal to 80 percent of HUD median income for the area and adjusted for family size to be eligible for available funds.

Funds are available on a first-come, first-serve basis.

In addition to meeting income eligibility requirements, homebuyers must also contribute a minimum of $1,250 towards the purchase of a new home, occupy the home for a minimum of (5) years, and complete a homebuyer education and financial literacy course specified by the FHLB Atlanta.

1. Increase Security & Control

With mobile and online banking, you’re in control. Through features like event alerts and our mobile app, MobiMoney, you can monitor your accounts anytime, anywhere, in REAL TIME. This doesn’t mean you HAVE to check your account every 30 minutes though. Instead, you can set up alerts to notify you of things like:

• When a deposit is made to your account
• When your balance gets low
• When a debit is made to your account
• When transactions of a specified amount occur

You can also turn your debit card on and off with the touch of a button from your phone. Taking advantage of these features not only provides the convenience of control, these features also decrease your risk of fraud.

For additional information about mobile banking, check out our Mobile Banking Tutorial.

2. Save the Trees

Did you know there are environmental benefits to online/mobile banking? By taking advantage of features like online statements and online bill pay, you can greatly reduce your paper usage.

3. Eliminate Late Fees

Speaking of online bill pay… Never missing a payment means no more late charges! The ability to pay your bills online from anywhere means you can get those payments in on time no matter where you are or what you’re doing. Even better, set up automatic bill pay!

4. Reduce Carbon Emissions

Did you know you can do things like deposit checks, make payments, check your credit score, view your accounts, re-order checks, and more from the convenience of your home (or anywhere with internet)? Saving a trip to the bank not only saves you time, it also reduces your fuel consumption and carbon emissions.

Save time, money, and the environment at the same time? Sign us up! (Just kidding, we’re already signed up for online banking. But if you’re not, you can here.)

5. Bank Anytime, Anywhere

With online banking, you have access to a 24/7, mobile branch of the bank. Essentially, you can take PVNB with you on vacation, to college, on business trips… anywhere, anytime. Say “YES” to that last-minute road trip without having to worry about getting your finances in order. Pay your bills in bed, check your balance at the beach, send someone money on a mountain – live your life!

If you’re interested in online and mobile banking but have questions, please contact us by phone or email, and we will be happy to provide assistance and answer your questions!