Capon Valley Bank

What Capon Valley Bank does

Capon Valley Bank is a privately held community bank founded in 1918 in Wardensville, West Virginia, and operating as a subsidiary of Highlands Bankshares Inc. (a holding company affiliated with Grant County Bank). The bank serves individuals, families, small businesses, and agricultural operations across Hardy County, WV and Frederick County, VA through a six-branch physical network (Wardensville, Moorefield, Baker, Gore, Stephens City, and Winchester), with 24/7 ATM and telephone banking at each location. Its customer-facing product suite spans personal and business checking and savings, money market, certificates of deposit (including CDARS and IRAs), credit and debit cards, and a broad lending menu covering consumer, auto, mortgage, home equity/HELOC, commercial, commercial real estate, agricultural, equipment, land-only, and recreational loans, plus business lines of credit.

The bank runs on conventional community-bank technology infrastructure: the "Capon Connect" online banking platform powered by Fiserv provides 24/7 account access, bill pay, eStatements, and 18 months of transaction history; companion iOS and Android mobile apps support mobile check deposit and funds transfer. Third-party integrations include Zelle (via Early Warning Services) for person-to-peer payments, Credit Sense (TransUnion) for credit monitoring, and an Originate Web Center for loan applications, plus a Mortgage Web Center for fixed-rate mortgage origination. In November 2025, the bank announced a partnership with Teslar Software to automate post-close lending workflows, document management, and exception tracking. Compliance footprint includes FDIC insurance, USA PATRIOT Act identity verification, and Community Reinvestment Act (CRA) public file maintenance.

The business model is a traditional spread-plus-fee community bank revenue structure: primary revenue is net interest income from lending and deposit products, supplemented by transaction-based fees (overdraft, ATM, wire, safe deposit box, foreign exchange, merchant processing, and remote deposit capture). The go-to-market motion is community-led — local decision-making, in-person relationship banking, multi-channel community engagement (chambers of commerce, sponsorships, the "Cents & Sense" financial literacy blog, social media, and earned media), and selective geographic expansion into underserved rural markets where national competitors have limited presence. Pricing is personalized rather than standardized, with loan rates set by creditworthiness, term, and collateral, and deposit products offering competitive published rates.

Name

Capon Valley Bank

Legal name

Capon Valley Bank

Website

https://caponvalleybank.com

Company type

Private

Founded year

1918

Operating status

Operating

Headcount range

11–50 employees

Short description

Capon Valley Bank is a privately held community bank founded in 1918, operating six full-service branches across Hardy County, WV and Frederick County, VA. It serves individuals, families, small businesses, and agricultural operations with deposit accounts, consumer and commercial lending, and digital banking tools.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211)

SIC

State Commercial Banks (6022)

akta.pro primary industry

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

Keywords

• Community banking services
• Consumer lending
• Agricultural lending
• Retail deposits
• Commercial banking

Headquarters

HQ city

Wardensville

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Lending: The bank generates revenue primarily through interest earned on loans including auto loans, consumer loans, mortgages, home equity products, commercial real estate loans, agricultural loans, and business loans. Interest rates vary by loan type and creditworthiness.
2. Deposit Interest Revenue: Interest income from deposit products including checking accounts, savings accounts, money market accounts, certificates of deposit (CDs), and Individual Retirement Accounts (IRAs).
3. Fee-Based Services: Various banking fees including overdraft fees, ATM fees, wire transfer fees, safe deposit box rentals, foreign currency exchange, merchant processing services, and remote deposit capture fees for business customers.
4. Merchant Processing Services: Payment processing services for business customers accepting credit and debit card transactions, generating transaction-based revenue.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Capon Valley Bank is a community bank providing personal and business deposit products (checking, savings, money market, CDs, IRAs) and a full range of lending products (auto, consumer, mortgage, home equity, commercial, commercial real estate, agricultural/farm, equipment, land, recreational, and business lines of credit). The bank also delivers digital banking services through Capon Connect online banking, mobile apps, Zelle, Credit Sense credit monitoring, remote deposit capture, merchant processing, and 24/7 telephone banking across six branches in West Virginia and Virginia.

Product overview

Capon Valley Bank is a community financial institution founded in 1918, offering a comprehensive suite of personal and business banking products. The core banking offerings include checking and savings accounts (personal and business variants), a variety of loan products (auto loans, consumer loans, mortgages, home equity products, commercial loans, commercial real estate loans, agricultural/farm loans, equipment financing, land-only loans, and recreational loans), credit and debit cards, and deposit products (CDs, IRAs, CDARS). Digital banking services are delivered through the Capon Connect online banking platform (powered by Fiserv) and companion mobile banking apps for iOS and Android devices. The bank also provides business-specific services including merchant processing, remote deposit capture, and business lines of credit. Consumer-facing digital tools include Zelle (peer-to-peer payments), Credit Sense credit monitoring (powered by TransUnion), eStatements, and telephone banking. The bank supports financial literacy through its Cents & Sense blog and Education Center with calculators. The bank operates six full-service branch locations across Hardy County, West Virginia and Frederick County, Virginia.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Community Reinvestment Act (CRA) compliant with public file maintained per federal regulations

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature5 records

Partnerships

One partnership is on record.

• Teslar SoftwarestrategicTechnology or Integration · 13 November 2025Capon Valley Bank partnered with Teslar Software to modernize and streamline its lending operations. The integration aims to reduce manual processes, improve efficiency, and enhance customer service through Teslar's platform capabilities for document management, exception tracking, and loan workflows. This partnership supports the bank's relationship banking model by automating post-close lending operations.

Scale indicators5 records

Recent moves11 records

Expansion highlights4 records

Emerging players

• Farm Credit of the Virginias: Farm Credit System lender providing agricultural lending in Virginia and West Virginia; competes directly with CVB's farm and ag loan portfolio in the same rural geography.

Regional players

• MVB Bank: WV-rooted community-oriented bank now expanding across the Mid-Atlantic; competes for similar small-business and consumer relationships, particularly in Winchester/Northern Shenandoah Valley.

Broad incumbents

• Carter Bank & Trust: Mid-sized regional bank with a meaningful branch presence in Virginia and West Virginia, serving similar consumer and small-business customer segments as Capon Valley Bank.
• United Bank: West Virginia-rooted regional bank with branches across WV, VA, and DC, offering a fuller range of consumer and commercial products that compete with CVB's local offerings.
• Atlantic Union Bank: Large Virginia-headquartered regional bank with broad presence in Winchester and the Shenandoah Valley, competing directly for CVB's deposit and small-business customers from a much larger balance sheet.

Direct peers

• Pendleton Community Bank: West Virginia community bank of comparable scale ($150-500M asset range), offering personal/business banking across neighboring counties with similar agricultural and small-business orientation.
• Grant County Bank: Sister subsidiary of Highlands Bankshares Inc., serving Grant County, WV. Operates the same community-bank model with deposit/lending focus, providing direct comparability on structure, size, and customer base.
• City National Bank of West Virginia: West Virginia-based community bank with personal/business banking focused on rural and small-town markets; comparable deposit and small-business loan offerings.
• Bank of Clarke County: Virginia-based community bank operating in Frederick County and the Shenandoah Valley, directly overlapping with Capon Valley Bank's primary service geography and competitive footprint.
• Summit Community Bank: West Virginia-headquartered community bank with similar branch-led, relationship-banking model serving comparable rural and small-business segments in the Appalachian region.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/caponvalleybank
• YouTubeyoutube.com/@CaponValleyBank
• Facebookfacebook.com/YourGoodNeighborBank/?ref=bookmarks
• LinkedInlinkedin.com/company/caponvalleybank
• Instagraminstagram.com/caponvalleybank

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

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 Capon Valley Bank