First Bank Hires W. Todd Ross as Roanoke Valley Market President
24 Abril 2023 - 5:00PM
First National Corporation (the “Company” or “First National”)
(NASDAQ: FXNC), the bank holding company of First Bank (the
“Bank”), announced today that W. Todd Ross has been hired as Market
President for the Roanoke Valley Region. Todd will be responsible
for all lines of business banking, and business development, while
partnering with other core functions such as retail, treasury, and
mortgage banking.
“Todd’s experience clearly aligns with our culture and strategic
commitment to growth in the Roanoke Valley Region, including
Botetourt and Roanoke Counties, as well as Roanoke and Salem
proper,” said Scott C. Harvard, CEO of First National Corporation
and First Bank.
Todd has over 30 years of banking experience in the Roanoke
Valley Region, including leadership and production roles with
several regional and local banks. He maintains deep relationships
with commercial customers throughout the region with a focus on
responsive, high-quality service. Todd has a collaborative approach
to meeting the loan, deposit and treasury services needs of the
market. He has a B.S. in Finance from James Madison University and
a Masters in Business Administration from Virginia Tech. Lastly,
Todd continues to serve the community on a number of non-profit and
municipal boards and commissions.
Mr. Ross will lead First Bank’s strategic efforts in the market,
following the 2021 merger with the former Bank of Fincastle,
including plans to expand in the Roanoke market. “As a lifelong
Roanoke native, I am excited about the opportunity to provide true
community banking throughout the area. As a Virginia based
financial institution, First Bank understands what is important to
our current customers and is eager to share those values with new
customers.” Ross stated. “While the banking industry in Roanoke is
very strong and competitive, we feel the flexibility and efficiency
that we provide are key aspects of how we do business. Our team of
retail and commercial banking specialists are focused on delivering
banking services with a personal touch and a commitment to service.
I truly believe in the Bank’s philosophy of there’s power in one.
One banker; one customer; one smile; one kind gesture can all make
a huge difference in our lives and our community.”
Todd and the Roanoke Valley team stand prepared to meet the
banking needs of small businesses, corporations, real estate
investors, individuals, municipalities and non-profits alike.
Harvard added, “We’re excited for the opportunity to build our
banking company in Roanoke with Todd and our legacy team.”
ABOUT FIRST NATIONAL CORPORATION
First National Corporation (NASDAQ: FXNC) is the parent company
and bank holding company of First Bank, a community bank that first
opened for business in 1907 in Strasburg, Virginia. The Bank offers
loan and deposit products and services through its website,
www.fbvirginia.com, its mobile banking platform, a network of ATMs
located throughout its market area, a loan production office, two
customer service centers in retirement communities, and 20 bank
branch office locations located throughout the Shenandoah Valley,
the central regions of Virginia, the Roanoke Valley, and in the
city of Richmond. In addition to providing traditional banking
services, the Bank operates a wealth management division under the
name First Bank Wealth Management. First Bank also owns First Bank
Financial Services, Inc., which owns an interest in an entity that
provides title insurance services.
FORWARD-LOOKING STATEMENTS
Certain information contained in this discussion may include
“forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements relate to the Company’s future operations and are
generally identified by phrases such as “the Company expects,” “the
Company believes” or words of similar import. Although the Company
believes that its expectations with respect to the forward-looking
statements are based upon reliable assumptions within the bounds of
its knowledge of its business and operations, there can be no
assurance that actual results, performance, or achievements of the
Company will not differ materially from any future results,
performance or achievements expressed or implied by such
forward-looking statements. Forward-looking statements involve a
number of risks and uncertainties, including the rapidly changing
uncertainties related to the COVID-19 pandemic and its potential
adverse effect on the economy, our employees and customers, and our
financial performance. For details on other factors that could
affect expectations, see the risk factors and other cautionary
language included in the Company’s Annual Report on Form 10-K for
the year ended December 31, 2022, and other filings with the
Securities and Exchange Commission.
CONTACTS
Scott C. Harvard |
Dennis A. Dysart |
President and CEO |
Sr. Executive Vice President and
COO |
(540) 465-9121 |
(540) 465-9121 |
sharvard@fbvirginia.com |
ddysart@fbvirginia.com |
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f76b6daa-c450-4684-bcea-20933890dded
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