Powell Valley National Bank, established in 1888, is the oldest bank in far Southwest Virginia, the 5th oldest bank in Virginia, and the 6th oldest bank operating in Tennessee. With headquarters in Jonesville, the bank has expanded its presence over the years, opening branches in Pennington Gap, Wise, Big Stone Gap, and Duffield. They offer a range of personal and business banking services, including checking and savings accounts, mortgage and personal loans, and online banking services. With 135 years of community banking experience, Powell Valley National Bank has weathered economic recessions and maintains one of the strongest capital ratios in the United States.
According to the most recent FDIC deposit reports, Powell Valley National Bank holds the #1 market deposit share for the Lee, Scott, and Wise county region. They are committed to serving the region and have expanded their services with the opening of loan production offices in Kingsport, TN, and Abingdon, VA. The bank also offers investment services through their affiliate, Powell Valley Investment Services, and has a full-service office in Kingsport. With a focus on community banking and a long-standing history, Powell Valley National Bank is a trusted financial institution in the region.
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