OVB earns ‘Outstanding’ CRA rating
Ohio Valley Banc Corp. Reports 1st Quarter Earnings 2022
OVB participates in Teach Children to Save initiative
OVBC announces cash dividend April 2022
On April 19, 2022, Ohio Valley Banc Corp. [Nasdaq: OVBC] Board of Directors declared a cash dividend of $0.21 per common share payable on May 10, 2022, to shareholders of record as of the close of business on April 29, 2022. OVBC once again continues the tradition of maintaining a consistent, regular quarterly dividend.
OVB Spotlight: Meet our Compliance team
In this edition of OVB Spotlight, we are introducing our compliance team. Our compliance department works tirelessly to make sure OVB stays up to date on both state and federal banking laws. As the banking industry evolves, these laws and regulations, which serve to protect all consumers, continually change. Our compliance team creates internal policies as well as provides education to all OVB bankers regarding these changes.
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OVB announces IT department promotion
Taylor has been a key member of the OVB IT team since 2018. In her new role, she will serve as IT specialist supervisor. Tammie Powell, Taylor’s supervisor and OVB IT manager, described the promotion as being well-earned.
OVB announces Main Office promotions
GALLIPOLIS, Ohio – Ohio Valley Bank recently announced the promotions of Jody Stapleton, Kristina Nickels and Lori Gagliardi. All three are community bankers based in the bank’s Main Office, located in downtown Gallipolis.
Clay, Johnston, Kinnaird promoted to OVB vice president
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Financial Fun Friday: Financial Football
The Super Bowl can also be a fun way to teach your kiddos some important financial skills. How does the world’s most popular sporting event do this? By making it a fun game of course! In this edition of OVB’s Financial Fun Friday, we are showcasing the Financial Football game, which was launched by Visa and the NFL. The game is available to play for free through iOS and Android apps as well as online. Featuring 3D graphics, the interactive game teaches valuable financial lessons for multiple age groups, while keeping a fun, football theme.
Huff promoted to OVB senior vice president
OVB Spotlight: Meet our Bend Area Team
In this edition of OVB Spotlight, we are introducing our Bend Area team. Our Bend Area Office is one of OVB’s newest locations. Located in Mason, W.Va., the office primarily serves northern Mason County and Meigs County, Ohio. Our community bankers not only work hard to serve our customers in the region, commonly referred to as the Bend Area, but also frequently volunteer their time to assist with local events, including fairs and festivals.
OVB announces $1k signing bonus
OVBC reports 4th quarter earnings
January 27, 2022
GALLIPOLIS, Ohio—Ohio Valley Banc Corp. [Nasdaq: OVBC] (the “Company”) reported consolidated net income for the quarter ended December 31, 2021, of $2,304,000, a decrease of $2,396,000 from the same period the prior year. Earnings per share for the fourth quarter of 2021 were $.48 compared to $.98 for the prior year fourth quarter. For the year ended December 31, 2021, net income totaled $11,732,000, an increase of $1,473,000, or 14.4%, from the prior year. Earnings per share were $2.45 for 2021 versus $2.14 for 2020. Return on average assets and return on average equity were .95% and 8.45%, respectively, for the year ended December 31, 2021, compared to .94% and 7.83%, respectively, for the prior year.
OVBC announces cash dividend
OVB’s Ben Pewitt joins Studio 3 to talk financial wellness
The start of a new year is time to focus on resolutions and goals. Many people often focus on making better financial decisions as part of their plan for the new year. Ben Pewitt, OVB vice president and commercial lender, recently joined WSAZ Studio 3 to discuss new year’s resolutions and financial wellness.
Celebrate the season locally
It’s the most wonderful time of the year. From twinkling lights to the smell of cookies and cocoa, we are officially in the thick of the holiday season.
From light shows to special events, our region offers plenty of opportunities to get into the Christmas spirit.
Perkins brings lending to hometown
Based in both OVB’s Wellston and Jackson Offices, Perkins has truly taken the company’s Community First mission to heart. In her five months with the bank, she has not only formed connections with customers but she has also become actively involved with local events and organizations.
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.
