The Powell Valley National Bank opened its doors in 1888 at 33785 Main Street in Jonesville, Virginia. The earliest documented financial statement is dated for the year 1900. At that time the bank showed total assets of $89,000 and a 16.8% capital ratio. Even in its earliest years, the bank

In the 1940’s Powell Valley National Bank relocated from its original office in a Victorian style home, to a new construction office across the street. As the bank continued to grow, it ran out of space, and PVB built its new office at 33785 Main St, the site of the original bank. Powell Valley National Bank’s logo was a Hereford Bull, a long admired symbol of the agricultural roots of our region.

In 1977 the bank opened its first branch office just down the road in Pennington Gap, VA.

The Wise, VA office located at 540 West Main Street was opened in 1994 as PVB acquired the facility from Dominion Bank.

The next branch to come along was our Big Stone Gap, VA office in 1998, formerly Charter Federal. This office relocated to its new location at 228 East Fifth Street in 2004.

In 2008 Powell Valley National Bank opened its most recent branch in Duffield, VA.

Celebrating over 125 years in operation, Powell Valley National Bank has survived and prospered through 27 economic recessions, including the Great Depression and the Great Recession of 2008.

In 2014 the bank created an investment affiliate to offer a wide range of investment, securities, and financial planning services to the region. Powell Valley Investment Services along with our Powell Valley Loan Production Office is located at 217 Broad Street in Kingsport, TN.

In 2017 PVB opened its second loan production office.  This one is located in Abingdon, VA.

The year 2023 marked a significant milestone for Powell Valley National Bank as they celebrated their 135th anniversary serving clients and communities. It is a testament to the enduring strength of PVB’s institution alongside the trust placed in this team by their customers.