Ohio Valley Bank

What Ohio Valley Bank does

Ohio Valley Bank, operating through its holding company Ohio Valley Banc Corp. (NASDAQ: OVBC), is a community banking franchise founded in 1872 and headquartered in Gallipolis, Ohio. The company operates The Ohio Valley Bank Company as its primary bank subsidiary (18 offices across southern Ohio and western West Virginia) and Loan Central, Inc. as a wholly-owned consumer finance subsidiary (6 Ohio offices). As of December 31, 2024, total assets were $1.503 billion and the company held $976 million in average loans in Q1 2024, growing to approximately $1.1 billion by Q1 2026.

The bank offers a full suite of retail and commercial banking products: deposit products (Rewards Checking, Community First Checking, savings, CDs, IRAs, the Sweet Home Ohio homebuyer savings account), lending (commercial, residential real estate, home equity, consumer, vehicle), credit cards (OVB Visa personal and business), trust services, and digital banking channels including a mobile app, online platform, OVB Business Online, and 24/7 OVB Line telephone banking. Technology integrations include a Swaystack-powered gamified onboarding and personalization layer (announced April 2026) and a Greenlight SELECT family-finance add-on. The bank also operates the Community First ecosystem of financial literacy programs (Virtual Classroom, BANKit!, Centsables), community debit card designs benefiting 40+ local schools and charities, and 3,000+ hours of annual employee community service.

Ohio Valley Bank generates revenue primarily through net interest income (Q1 2026 NII of $14.9M, up 13.3% YoY on a 4.01% net interest margin), supplemented by noninterest income of approximately $3.6M per quarter from deposit service charges, trust fees, debit/credit interchange, and bank-owned life insurance. FY 2025 net income reached $15.6 million (up 42% YoY). The bank is a state member bank of the Federal Reserve, FDIC insured, Bauer Financial 5-Star rated, and a member of the Russell 3000 Index since June 2025, with 33+ consecutive years of dividend payments.

Name

Ohio Valley Bank

Legal name

The Ohio Valley Bank Company

Website

https://ovbc.com

Company type

Public

Founded year

1872

Operating status

Operating

Headcount range

251–500 employees

Short description

Ohio Valley Bank is a 154-year-old community bank holding company (NASDAQ: OVBC) serving southern Ohio and western West Virginia through 18 branches, offering personal and commercial banking, lending, digital channels, and community-driven financial literacy programs to consumers, small businesses, and non-profits.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211), Commercial Banking (522110)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industries

Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE), Credit Cards & Revolving Credit (FSABAAAC)

Keywords

• Community banking
• Commercial lending
• Personal banking
• Digital banking
• Trust services

Headquarters

HQ city

Gallipolis

HQ country

United States

HQ region

North America

Offices18 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Net Interest Income: Primary revenue driver from interest earned on loans (commercial, residential real estate, consumer) and securities. For Q1 2024, average loans were $976 million. Strong loan growth of $146 million in Q1 2026 drove 13.3% increase in net interest income to $14.9 million.
2. Noninterest Income: Includes service charges on deposit accounts, trust fees, income from bank owned life insurance, interchange income from debit and credit card transactions. For Q1 2026, noninterest income totaled approximately $3.6 million.
3. Digital Banking Services: Revenue generated from digital banking platform services including online banking, mobile banking, and OVB Line telephone banking.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels9 records

Core offering

Ohio Valley Bank is a regional community bank offering deposit products (checking, savings, CDs, IRAs), consumer and commercial lending, Visa credit cards, trust services, and digital banking (mobile, online, telephone) to individuals, families, small/medium businesses, and non-profits across southern Ohio and western West Virginia. The bank operates 18 branches and 6 Loan Central consumer finance offices, supplemented by digital channels including mobile app, online banking, OVB Line telephone banking, and OVB Business Online.

Product overview

Ohio Valley Bank operates a community banking platform with The Ohio Valley Bank Company as its primary brand, offering personal and business banking services across 18 offices in Ohio and West Virginia. The product portfolio centers on deposit products (Rewards Checking, Community First Checking, Sweet Home Ohio Account), lending solutions (home equity, consumer, commercial), credit cards (Visa Rewards and Business cards), and digital banking (Mobile Banking, OVB Line, Digital Banking, OVB Business Online). The bank extends its offerings through subsidiaries including Loan Central (consumer finance with 6 offices) and the Community First initiative (financial literacy programs including OVB Virtual Classroom, BANKit!, and Centsables, plus community engagement through scholarships and volunteer programs). Digital banking features include Card Alerts & Protections, spending controls, and partnerships with Swaystack for gamified onboarding and Greenlight for family finance.

Differentiator

Problem solved

Functional benefit

Brands

• OVB Rewards Checking: Unlimited checking account with cash back rewards on debit card transactions
• Sweet Home Ohio
• Community First
• OVB 4-H Scholarship

Products and services

• OVB Rewards Checking Unlimited personal checking account offering 0.50% cash back on signature-based debit card transactions when customer meets monthly activity requirements (20+ debit card transactions, eDelivery statements, and 8 or fewer checks). $50 initial deposit, $5 monthly service fee fully refundable. Free Greenlight family finance app subscription included.
• Community First Checking Free checking account with no monthly fee subsidized by Ohio Valley Bank as part of its Community First mission, designed for local non-profits, clubs, and community organizations. All standard checking perks included.
• Sweet Home Ohio Savings Account Enhanced interest savings account for Ohio residents age 18+ saving toward a home purchase, offered as part of the Ohio State Treasurer's Ohio Homebuyers Plus program. Minimum balance $100, maximum $100,000. Limited to 1,000 accounts statewide. Account closes after first withdrawal within 90 days or after 5 years of no withdrawals.
• Business Money Fund Account Business savings account offering higher interest rates than standard business savings without requiring a certificate of deposit commitment, designed for SMB treasury management.
• Home Equity Loans and HELOCs Home equity financing options including loans and HELOCs allowing customers to leverage built-up equity for investments, debt consolidation, home renovations, or major purchases at competitive rates, with local decision-making.
• OVB Visa Rewards Credit Card Personal Visa credit card with a rewards program earning 1 point per dollar spent. Limited-time 2026 promotional offer of 500 bonus points for first Credit Card Rewards site visit (valid June 1-December 31, 2026) and 3,000 bonus points for spending $1,500 within first 90 days.
• OVB Visa Business Credit Card Business Visa credit card for commercial customers featuring spending controls and rewards for business purchases, designed for SMB expense management and employee card issuance.
• Trust Services Wealth management and trust services for personal and business customers, including trust administration and estate planning, generating trust fees as part of the bank's noninterest income.
• Business Loans Commercial lending products for local small and medium-sized businesses across Ohio and West Virginia, underwritten by local commercial loan officers with in-market decision-making, supporting cash flow, growth, and working capital needs.
• Equipment Leasing Equipment leasing solutions enabling local businesses to acquire business equipment through lease financing rather than outright purchase.
• OVB Mobile Banking Mobile banking app available on iOS and Android providing account access, mobile check deposit, transfers, alerts, spending controls, and Kids Benjamin Tracker savings goal tracking for personal and business customers.
• OVB Online Banking and OVB Business Online Online banking web platform for personal customers and dedicated OVB Business Online platform for commercial customers, offering invoicing, payment acceptance, cash flow management, Card Alerts & Protections, account controls, freeze/unfreeze, merchant type alerts, spending limits, international transaction alerts, and transaction blocking.
• OVB Line Telephone Banking 24/7 automated telephone banking service providing account balance inquiries, transfers, and account management, available even on holidays.
• Community First Debit Cards Custom-designed debit cards featuring over 40 local schools and charities in Ohio and West Virginia. $10 upgrade fee with $5 (at least 50%) donated back to the represented organization, serving as a community fundraising and customer engagement program.
• Merchant Services (Accepting Payments) Payment acceptance and merchant services for local businesses, supporting card acceptance and integrated business banking workflows.
• Employee Benefits Services Employee benefits programs offered by Ohio Valley Bank to local business customers, supporting employee financial wellness and retention through banking-integrated benefit products.
• Vehicle and Personal Loans Consumer vehicle loans and personal loans for individuals seeking financing for auto purchases or personal borrowing needs, with local underwriting through Loan Central and Ohio Valley Bank branches.
• Loan Central Consumer Finance Wholly-owned consumer finance subsidiary of Ohio Valley Banc Corp. operating 6 offices across Ohio, providing personal lending products to consumer borrowers in the bank's broader service area.
• VA Loans VA home loans offered to veterans as part of Ohio Valley Bank's residential mortgage lending product suite under NMLS# 519902.
• Home Loans Residential mortgage home loan products for personal borrowers purchasing or refinancing homes, underwritten locally by Ohio Valley Bank.
• CDs and IRA Specials Certificates of deposit (CDs) and Individual Retirement Accounts (IRAs) offered with special promotional interest rates, supporting long-term savings and retirement planning for personal customers.

Quantifiable outcome

• Net interest income rose 13.3% to $14.9 million in Q1 2026 driven by $146 million loan growth
• +4 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability2 records

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• SwaystackcoreTechnology or Integration · 6 April 2026Ohio Valley Bank partnered with Swaystack to implement gamified onboarding and deliver personalized product recommendations in its digital banking services. This initiative aims to convert new account openings into active relationships and increase deposit growth by engaging customers more effectively online. The bank faced issues with inactive accounts where customers did not transfer payroll or recurring payments upon opening new accounts.
• Greenlight Financial TechnologycoreStrategic or Co-development Partner · 25 October 2024Ohio Valley Bank partnered with Greenlight to offer families a free Greenlight SELECT subscription through OVB Rewards Checking. Greenlight is a financial technology company offering a debit card and app that teaches kids and teens how to earn, save, give, and spend wisely with parental supervision. OVB customers receive free access to Greenlight's family finance app as part of the bank's financial literacy initiatives. The Greenlight prepaid card is issued by Community Federal Savings Bank, member FDIC, pursuant to license by Mastercard International.
• Ohio State Treasurer (Ohio Homebuyers Plus / Sweet Home Ohio)coreStrategic or Co-development Partner · 1 January 2024Ohio Valley Bank participates in Ohio State Treasurer's Ohio Homebuyers Plus program, offering the Sweet Home Ohio enhanced interest savings account. For each account opened, the company receives a deposit from the Treasurer at a subsidized interest rate. The program encourages Ohio residents to save toward purchasing a home. At September 30, 2024, Sweet Home Ohio account balances totaled $5.3 million with $100 million deposited by the Treasurer.
• Centsables (missionfinlit.com)minorStrategic or Co-development PartnerOhio Valley Bank partners with The Centsables, a financial literacy superhero program for children, offering OVB Classroom Adventures including Adventures in Credit and Adventures in Saving programs. The bank also provides free access to Mission: Financial Literacy Kit through missionfinlit.com.

Scale indicators10 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• JPMorgan Chase: Largest U.S. national bank with growing retail presence in Ohio and West Virginia, increasingly competing for community banking customers through digital channels and branch expansion.
• Fifth Third Bank: Large regional bank headquartered in Cincinnati with extensive Ohio and West Virginia branch network, competing in the same consumer and commercial deposit and lending markets as OVBC.
• Huntington Bancshares: Major Ohio-headquartered regional bank with dominant Ohio and West Virginia retail branch presence, serving overlapping consumer and commercial customers at much larger scale.
• Park National Corp. Ohio-headquartered regional bank holding company with a much larger asset base operating community banks across multiple Ohio and adjacent markets, overlapping in southern Ohio geographies.
• Peoples Bancorp: Ohio-based regional bank holding company significantly larger than OVBC, operating community banks in Ohio, West Virginia, and Kentucky with similar full-service consumer and commercial banking offerings.

Direct peers

• Premier Financial Corp. Ohio and Indiana community bank with comparable size and similar consumer/commercial banking products, including specialty lending divisions analogous to Loan Central.
• WesBanco: West Virginia-headquartered community bank with significant Ohio and surrounding state presence, similar full-service community banking model, comparable size tier and customer mix.
• First Commonwealth Financial: Pennsylvania-headquartered community bank with similar size and a comparable full-service consumer/commercial banking model in adjacent Appalachian markets.
• United Bancshares: Ohio-headquartered community bank holding company of similar size with branches across Ohio, similar consumer and commercial banking focus, and comparable geographic community banking model.
• Civista Bancshares: Ohio-based community bank holding company with similar asset size, full-service community banking, and overlapping Ohio footprint with comparable loan and deposit products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ohiovalleybank
• YouTubeyoutube.com/user/OhioValleyBank?feature=g-all-u
• Facebookfacebook.com/ohiovalleybank
• LinkedInlinkedin.com/company/ohio-valley-bank
• Instagraminstagram.com/ohiovalleybank

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ohio Valley Bank