News & Blog › The Ohio Valley Bank Company

Thankful hearts: OVB bankers share Thanksgiving thoughts

November 24, 2021

You can practically smell the turkey, pumpkin pie and stuffing already! With Thanksgiving set for tomorrow many households are already busily prepping their dinners and anticipating the annual feast.

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

November 5, 2021

Community First is at the center of Ohio Valley Bank. One tradition that takes this mission to heart is the bank’s Christmas Express program.

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

October 27, 2021

Ohio Valley Banc Corp. [Nasdaq: OVBC] (the “Company”) reported consolidated net income for the quarter ended September 30, 2021, of $3,036,000, an increase of $742,000, or 32.3%, from the same period the prior year. Earnings per share for the third quarter of 2021 were $.63 compared to $.48 for the prior year third quarter. For the nine months ended September 30, 2021, net income totaled $9,428,000, an increase of $3,869,000, or 69.6%, from the same period the prior year.

OVB celebrates ABA's Get Smart About Credit Campaign

October 21, 2021

October is often associated with trick-or-treat, witches and ghosts. While Halloween is a frightful time, you should never let your financial situation spook you! As an effort to get area youth to learn valuable financial skills, Ohio Valley Bank has once again joined the American Bankers Association’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

October 20, 2021

On October 19, 2021, Ohio Valley Banc Corp. [Nasdaq: OVBC] Board of Directors declared a cash dividend of $0.21 per common share payable on November 10, 2021, to shareholders of record as of the close of business on Oct. 29, 2021. OVBC continues to maintain a consistent, regular quarterly dividend of $0.21 per common share.

OVB stands with ABA in opposing proposed IRS changes

October 19, 2021

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

October 15, 2021

Ohio Valley Bank recently added a new design to their Community First debit card program. The card features an adorable dog and will benefit the Friends of Gallia County’s Animals.

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

October 1, 2021

October brings spooky fun, but you shouldn’t let common financial scams scare you. Aside from candy and ghosts, this month also showcases the American Bankers Association’s (ABA) Banks Never Ask That 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

September 23, 2021

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

September 20, 2021

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

September 17, 2021

After a year hiatus due to the pandemic, the Jackson Apple Festival is finally back in action starting Tuesday, Sept. 21.

Also making a comeback is the outgoing Little Miss Apple Festival exhibit at the Ohio Valley Bank Jackson Office, which features 2019 title holder Kennedy Knittel. Due to the cancelation of last year’s Apple Festival events, Knittel retained her title in 2020. Her display, which features some of her favorite dresses worn during her reign, was officially opened with a private ribbon cutting ceremony at the bank. The display also includes a scrapbook and pictures of Knittel representing the Apple Festival at various events, and a photo area with 80th Apple Festival background. Those interested in seeing the display may do so from 9 a.m.-3 p.m. Monday through Friday during lobby hours. The display will remain open through the duration of the festival.

OVB joins ABA in opposing IRS reporting requirements

September 10, 2021

As a member of the American Bankers Association (ABA), Ohio Valley Bank joins the organization in the opposition of the proposed new 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

August 30, 2021

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.