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Message from the Chairman

Thanks for being a part of our success at New Peoples Bank. If you are not a part of this unbelievable achievement, I invite you to give us a visit. We owe our success to the fact that our clientele wants a locally owned and controlled bank.

I November 1997, about 13 people met in St. Paul, Virginia to discuss the possibility of starting a new bank. The thinking at that time was if we could get 30 people to invest, we would give it a try. A week later another meeting was held before a full house at the Honaker Fire Hall. Instead of having 30 interested stockholders, there were hundreds by the spring of 1998. The first bank was opened in Honaker, Virginia on October 28, 1998. Today there are 29 banks with more than 4,800 stockholders and total assets of over $600,000,000.

Today there are branches in Honaker, Castlewood, Weber City, Haysi, Lebanon, Pounding Mill, Princeton, Gate City, Clintwood, Big Stone Gap, Tazewell, Davenport, Grundy, Dungannon, Kingsport, Bristol, Richlands, Abingdon, Wise, Pound, Bristol Commonwealth, Bluefield, Cleveland, Jonesborough, Jonesville , Bramwell, Chilhowie, Norton & Pennington Gap. Plans are in the mill to locate branches in Chilhowie, Bland, Bluefield and Piney Flats.

We have hired personnel who have integrity, experience and common sense. Our belief is that being surrounded with good people leads to successful business.

We are committed to remain a locally owned and operated financial institution with growth-oriented ideas.

The Board of Directors, officers, and employees of New Peoples Bank invite you to visit any of our branches and become acquainted with our services. We believe you will like what you see and become a regular customer. Remember, people is part of our name. We are committed to you.

Have a great year.

Bill Ed Sample
Chairman of the Board


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