NASDAQ: OVBC

Ohio Valley Banc Corp Stock

Ohio Valley Banc Corp. serves as the parent holding company for The Ohio Valley Bank Company, providing a broad spectrum of commercial and consumer banking products and services. Its operations are structured into two main divisions: Banking and Consumer Finance. The corporation offers a comprehensive array of deposit accounts, including checking, savings, time, and money market options. Additionally, it manages individual retirement accounts (IRAs), demand deposits, NOW accounts, and certificates of deposit (CDs). Regarding lending, the company extends a diverse portfolio of credit facilities. These encompass residential real estate loans, such as mortgages for one-to four-family homes. For businesses, it provides commercial loans to finance equipment, inventory, stock, commercial properties, and rental units. Consumer lending solutions include secured loans for automobiles, mobile homes, recreational vehicles, and other personal property. Further offerings cover personal loans, unsecured credit card receivables, floor plan financing, student loans, and construction loans. Beyond its core deposit and lending activities, the company delivers various supplementary services. These include safe deposit boxes, wire transfer capabilities, credit card services, and internet banking. It also furnishes online financial management tools, featuring cash management and updates on repossession auctions, current interest rates, and general banking news. Moreover, its service catalog features automatic teller machine (ATM) access, consumer finance options, seasonal tax preparation, and various insurance services for commercial property and liabilities. Trust services and an online-only direct mortgage service for consumers are also available. Geographically, the company maintains a physical presence through sixteen branch offices across Ohio and West Virginia, complemented by six dedicated consumer finance offices located exclusively in Ohio. Its infrastructure also includes thirty-six ATMs, with twenty of these situated at off-site locations. Established in 1872, Ohio Valley Banc Corp. maintains its corporate headquarters in Gallipolis, Ohio.