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 »
When supporting a cause you care about, you want to make sure your donation goes as far as possible. Before giving, do some research to ensure your gifts go where they’ll do the most good. 1. Research Online If you aren’t already familiar with a good charity to support, start with some Google searches. Simply… Read more »
Cyber Monday is one of the biggest online shopping days of the year, and while people are busy online shopping for gifts, fraudsters are seizing the opportunity to scam them out of their money. So, take these precautions as you shop this year to help protect your money and information. Top 10 Fraud Alert Tips… Read more »
Jonesville, Virginia–Powell Valley National Bank (PVB, Bank) is pleased to announce the appointment of industry veteran, Robert C. “Chip” Glover, as Senior Vice President and Chief Banking Officer retained to serve the citizens of Southwest Virginia and Northeast Tennessee, as the bank enhances its products and services offerings. “We are extremely proud to have an… Read more »
Jonesville, Virginia–Powell Valley National Bank (PVB, Bank) is pleased to announce the appointment of Philip Deel as Vice President and Loan Officer of the bank’s office in Abingdon, Virginia to serve the citizens of Southwest Virginia and Northeast Tennessee. “We are extremely proud to have a professional community banker such as Philip Deel joining the… Read more »
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