Pennington Valley National Bank
Powell Valley National Bank, established in 1888 in Jonesville, Virginia, is the oldest bank in far Southwest Virginia and the fourth oldest in the state. With a strong community banking presence, it has expanded its services over the years, opening branches in Pennington Gap, Wise, Big Stone Gap, and Duffield, as well as loan production offices in Kingsport and Abingdon, Tennessee.
With over 137 years of experience, Powell Valley National Bank has successfully navigated 31 economic recessions and boasts one of the strongest capital ratios in the United States. According to recent FDIC deposit reports, it holds the number one market deposit share in the Lee, Scott, and Wise county region, reflecting its commitment to serving the local community.
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