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home : local news : local news
October 16, 2018

10/9/2018 2:30:00 PM
Ohio Valley Bank named 'Business of the Year'
Jackson Chamber to bestow honors at Fall Banquet Oct. 16

Ohio Valley Bank has been serving southern Ohio and neighboring West Virginia for 146 years, striving to put the communities it serves at the forefront of its efforts.

For that commitment and its service to the Jackson area, Ohio Valley Bank will be honored as the Business of the Year by the Jackson Area Chamber of Commerce at its 52nd Annual Appreciation Banquet this fall.

The event will be held on Tuesday, Oct. 16 at the Christ United Methodist Church Family Life Center.

The dinner will start at 6:30 with a social hour commencing at 5:30 p.m.

While Ohio Valley Bank's roots go back to 1872 in Gallipolis, the financial institution has been a fixture in Jackson since 1991 when it purchased the former Civic Savings Bank.

"We want to be part of the community we serve," stated Joe Wyant, Assistant Vice-President and Jackson County Region Manager. "It is absolutely a vital part of our business."

Evidence of this was visualized in 2010 when the bank began its "Community First Program," which is now in its 9th year.

"This program allows our employees to get up to three days of paid leave to donate time to community projects," Wyant pointed out. "Examples would be time given to the Apple Festival and Kiwanis Club, among others."

There are other examples as well, including its well documented support of 4-H in several of the counties its serves.

"In six different counties, we give a 4-H scholarship every year, good for $750 a year for four years," he noted. "All told, 223 4-H scholarships have been awarded since the program was started in 1992."

The bank annually sponsors the Little Queens reception for the Apple Festival.

But possibly the biggest commitment to the community came in 2006 when Ohio Valley Bank left its original location and built a brand new facility next door on East Main Street, opening on Sept. 18 of that year.

"We made a strong commitment to the community when we built our new state-of-the-art building and it has served its purpose," Wyant said.

Since coming to Jackson in 1991, Ohio Valley Bank has purchased the Jackson Savings Bank, an acquisition made in 1998; and in 2016, purchased the Milton Banking Company, which had branches in Jackson, Oak Hill, Wellston, New Holland and Mount Sterling, retaining the name of Milton Bank, a division of the Ohio Valley Bank.

Since that initial location opened in 1872, the financial institution has grown to 19 branches in eight counties in Ohio and West Virginia. The Jackson location offers a full line of banking services, including checking, savings, CDs, IRAs and loans.

Tickets are still available for $40 each. Call the Jackson Chamber at 740-286-2722 for more information.

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