Thankful hearts: OVB bankers share Thanksgiving thoughts
While the dinner is certainly a focal point of the holiday, Thanksgiving is a time to give thanks. It is no secret that the past year and a half has been challenging. However, throughout each challenge, we still have much to be thankful for. From giving thanks, to past memories and traditions, our OVB community bankers shared what this holiday means to them.
Giving back: OVB's Christmas Express helps local families
OVB’s Christmas Express has been helping local children in Gallia County for 11 years. Headed up by Brenda Henson and Angie Kinnaird, the program has provided toys, clothing and coats to more than 1,200 children in need ranging from newborn to 18 years of age.
Ohio Valley Banc Corp. reports third quarter earnings
OVB celebrates ABA's Get Smart About Credit Campaign
OVB has taken part in the Get Smart About Credit initiative for several years. While today is Get Smart About Credit Day, OVB plans to celebrate the campaign for the remainder of the fall season. Hope Roush, OVB communications specialist, described the campaign as a great tool to teach students the importance of managing money and how credit can have an impact on nearly every area of their lives.
OVBC announces cash divided
OVB stands with ABA in opposing proposed IRS changes
In September, Ohio Valley Bank joined the American Bankers Association’s opposition to the proposed new IRS reporting requirements and since then has been letting their customers know about this important issue before Congress.
Through the proposed changes, financial institutions (including banks, credit unions, and companies like Paypal, Venmo, and Chime) will be forced to provide to the IRS inflow and outflow information on any bank account with $600 or more. At this time, the proposed changes have not been put in place, however Congress could be voting to enact the changes soon.
OVB debuts Friends of Gallia County's Animals Community First Debit Card
Friends of Gallia County’s Animals is a volunteer organization that promotes the welfare of and provides assistance and care to displaced, abandoned or abused animals. The organization also works tirelessly to promote responsible ownership through healthy animal and human relationships. Ohio Valley Bank checking account holders can choose to upgrade the look of their debit card to the Friends of Gallia County’s Animals card for $10, with $5 being donated back to the organization.
OVB joins ABA's anti-phishing campaign
Ohio Valley Bank is joining financial institutions across the country to participate in this year’s campaign. As scams, particularly those that involve phishing, have become more prevalent over the past year, OVB is utilizing Banks Never Ask That as another tool to educate customers on how to avoid becoming a victim of such events.
OVB takes pole position with new business venture
Ohio Valley Bank Chairman and CEO Tom Wiseman announces the opening of Race Day Mortgage, Inc., a new subsidiary of Ohio Valley Bank. Race Day Mortgage is an online-only consumer direct mortgage company positioned to disrupt the mortgage industry by accelerating loan approval times and showing up in a personal capacity for their clients. Services are provided through convenient mobile and digital channels.
Ohio Valley Bank receives Heritage Ohio Award
Heritage Ohio recently named Ohio Valley Bank (OVB) as the winner of the 2021 Best Commercial Building Rehabilitation Small Project Award.
Heritage Ohio selected OVB for the award due to the company’s tireless work on making the OVB on the Square project a reality. OVB on the Square was created through the revitalization of one of the bank’s first homes.
Little Miss Apple Festival display now open at OVB's Jackson Office
OVB joins ABA in opposing IRS reporting requirements
Under the Biden administration, the proposed requirements are aimed at helping to offset the additional cost of spending programs within the American Families Plan. The proposal is seeking an expansion of tax information reporting, which would raise revenue to help offset costs within the plan. Should Congress approve the proposal, banks across the country, including OVB, will be required to comply with sending the IRS additional information concerning customers’ account activity.
Continue to be mindful of scams, fraud
The pumpkin spice might be taking over already, but summer is very much still in full swing. More people have felt comfortable traveling this year, with many folks are expected to hit the road this week for Labor Day weekend.
While it’s been great to travel once again, unfortunately fraudulent scams continue to be on the rise. Whether they be travel-related scams, phishing or other examples of financial fraud, it is important to protect your information and know what to do should you become a victim of such incidents.