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The First National Bank of Peterstown
Chartered in 1910, the Bank began operations under the leadership of J.E. Hansbarger, President, and O.P. Vines, Cashier. At that time, a lot at the corner of Market and Mill Streets was secured and plans drawn for the first Bank building. The old Bank building served the community until November 1988, when the present facility at 220 Market Street, Peterstown, WV opened for business. The Bank has a history of strong leadership beginning with J.E. Hansbarger and O.P. Vines, joining the Federal Reserve Bank in 1914. Leaders include as President: J.E. Hansbarger 1910-1925; A.E. Shumate 1926-1928; S.Y. Symns 1928; T.L. Crotshin 1929-1934; E.I. Terry 1934-1950; Clarence Symns 1950-1951; J.M. Long 1951-1952; M.P. Lawrence 1952-1964; James J. Terry 1964-1987; Gilbert Childs 1987-1989; A. Thomas Francis 1989-2001; William A. Bailey 2001-present. Leaders include as Cashier and Chief Executive Officer: O.P. Vines 1910-1916; J.S. Taylor 1916-1923; J. Henry Hansbarger 1923-1942; B.A. Roberts 1942-1949; Arnold Broyles 1949-1972; A. Thomas Francis 1972-2001. The Bank's current management team includes: William A. Bailey, Chief Executive Officer and President; Betty B. Brown, Senior Vice President; Jeremy W. Brown, Chief Financial Officer and Cashier. In October 2000, at a special meeting, The First National Bank of Peterstown became a wholly owned subsidiary of Peterstown Bancorp, a holding company owned by the Bank's shareholders. Nearing 100 years of operation, the Bank continues to provide leadership in the community. The Bank is known as a strong contributor to the local area and meets the business, education, agricultural, and lending needs of the community. Just as Peters Mountain is a continuous presence in Monroe County, The First National Bank of Peterstown had provided stability throughout the past century, and intends to remain a continuous presence for years to come. The Bank has persevered through historical times in the world, including two world wars, the Korean War, the Vietnam War, the Persian Gulf War, the Iraq War, and the Great Depression, even space exploration and the explosion of technology - while at all times keeping customer and community service as the main focus.