Jonesville, Virginia–Powell Valley National Bank (PVB, Bank) is pleased to announce the election of Greg Estes to the Board of Directors of Powell Valley National Bank. Estes serves as President of Estes Bros. Construction, of Jonesville, Virginia, where his proven leadership skills have grown the company. A once small family business, it is now one… Read more »
Jonesville, VA—Powell Valley National Bank (PVB) is pleased to announce that Kasi Clifton has been promoted to Assistant Vice President. Kasi joined the PVB team in September 2022 as Electronic Banking and Marketing Manager as well as the bank’s Director of Training. Clifton began her community banking career in 2010 and held numerous roles over… Read more »
Jonesville, Virginia–Powell Valley National Bank (PVB, Bank) is pleased to announce the promotion of Vonda Sturgill to Assistant Vice President. Sturgill joined Powell Valley National Bank in 2019 as Consumer Relationship Manager and Lending Officer of the Bank’s office in Downtown Kingsport located at 240 West Center Street. “Since joining the Powell Valley National Bank… Read more »
Jonesville, VA—Powell Valley National Bank (PVB, Bank) is pleased to announce the promotion of Matthew Eades to Chief Credit Officer. Eades joined PVB in 2017 as Vice President, Business Development Officer and Manager of the bank’s Abingdon office. In 2021, he assumed leadership and responsibility of Loan Administration for the bank. Throughout his 16-year community… Read more »
Jonesville, Virginia–Powell Valley National Bank (PVB, Bank) is pleased to announce the promotion of Ted Fields to Executive Vice President. Fields joined Powell Valley National Bank’s Kingsport office in July 2018 as Senior Vice President and Market Executive. “Ted’s experience, expertise, dedication, and customer and client focused approach are of tremendous value to our bank,”… Read more »
If your weekends are like mine, the little things that happen during the week accumulate and are addressed on the weekend. The spring and summer seem to bring more of these projects on as the accumulation period has not just been a week but an entire season (winter). Often the project will involve the need… Read more »
It was a late Friday night and my mom had allowed me to stay up to watch an NBA Playoff game from out west – a rare gift in the days before ESPN. My dad worked the evening shift in the mines and was due home at any moment. Then 15 minutes passed – no… Read more »
By Spencer Tierney There’s a new payment service coming to the financial industry this year. The Federal Reserve will offer instant payments that can be sent anytime. Still, unlike consumer-facing transfer services such as Venmo or Zelle, the service’s availability will depend on whether your bank opts in. Let’s break it down. What is FedNow?FedNow is… Read more »
The IRS recently announced benefit plan limit changes for 2023. Many employee benefits are subject to annual dollar limits which are adjusted for inflation each year. However, due to decades-high inflation, many limits were increased more than usual for 2023. Common plans affected are health savings accounts (HSAs), high deductible health plans (HDHPs), and 401(k)… Read more »
BY: Steve Bonday, CIC, CBIA, AIPInsurance Sales Executivesbonday@bankersinsurance.net Flood insurance is not covered by standard homeowners policies. If you’ve been a client of ours (Bankers Insurance) for long, you’ve no doubt heard this before but the point bears repeating. We regularly speak with clients who believe they have coverage under their homeowners policy for damage… Read more »
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