Jonesville, VA – Powell Valley National Bank (PVB, Bank) is pleased to announce the promotion of Angie Surber Combs to Assistant Vice President. Combs joined Powell Valley National Bank in 1984. Over the last 37 years of dedicated service, Combs has held a wide range of responsibilities, with the majority of her time working in… Read more »
The SBA has revised the the available Forgiveness Applications: the 3508S, 3508EZ, 3508 Standard forms. Each form and instructions are available for download below. PPP Loan Forgiveness Applications and Instructions Specific to the 3508S, this is a document that has been revised and is specific for loans <$150,000. We are encouraging our borrowers whom fall… Read more »
Business Online Banking is getting an upgrade! Starting February 22, 2021, Powell Valley National Bank’s Business Online Banking platform will look a little bit different. Current Business Online Banking users will enjoy the same products and tools as before but with enhanced features including: New responsive design to ensure all data is clearly displayed on… Read more »
The PPP Borrower Application Form below will need to be completed for all second-time borrowers. This new application was released January 8th. All applicants should begin compiling the required information for submission. We are awaiting a “go-live” date for when our institution will have access to begin submitting applications to the SBA. Please monitor our… Read more »
The PPP Borrower Application Form below will need to be completed for all new first-time borrowers. All applicants should begin compiling the required information for submission. We are awaiting a “go-live” date for when our institution will have access to begin submitting applications to the SBA. Please monitor our website for further developments. Once we have… Read more »
The Treasury and U.S. Small Business Administration are currently working to solidify guidance specific to the next round of funding. Paycheck Protection Program Round 2 As we begin to prepare for PPP Round 2.0, we wish to provide you with an overview of the program highlights and criteria for what to expect. Rest assured in… Read more »
On Veterans Day, we humbly and gratefully celebrate the service and sacrifice of over 18 million veterans. Unfortunately, scammers keep up with major holidays and headlines for very different reasons, adjusting their schemes to take advantage of whatever is currently capturing the public’s attention. According to the Federal Trade Commission, veterans, service members and their… Read more »
Business email compromise (BEC) attacks, also known as email account compromise (EAC) attacks, are on the rise globally. According to the FBI, BEC is one of the most financially damaging online crimes. However, with the proper preventative measures and best practices in place, businesses and individuals can avoid falling victim to business email compromise attacks.… Read more »
Is your smartphone running on the latest operating system? It’s important to keep your operating system current because these updates often include critical security patches that are designed to protect your data and devices. Here’s how to find out if you have a software update available on your phone. iPhone On your iPhone, open the… Read more »
A recent advisory from the Financial Crimes Enforcement Network (FinCEN) details pandemic-related impostor schemes and money mule scams targeting American consumers. Summarized by PCBB, below are some red flags to be aware of: Contact from an alleged government representative to verify, process, or expedite an individual’s economic impact payment. Receipt of what seems to be a… Read more »
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