north valley bank - malta

What north valley bank - malta does

North Valley Bank is a privately held community bank founded in 1904 and headquartered in Malta, Ohio, serving individuals and small businesses across six southeastern Ohio counties (Muskingum, Perry, Morgan, Pickaway, Madison, and Licking). The bank operates 13+ physical branch locations supplemented by digital channels including an online banking portal, a mobile banking application, telephone banking, and MoneyPass ATM network access. Its core product set is split between Personal Banking (checking, savings, investment, card services, consumer loans, mortgages) and Business Banking (business checking and savings, commercial loans, treasury management with Positive Pay fraud protection, and QuickBooks Direct Web Connect integration). The bank also offers identity theft protection through a three-tier "Identity Smart Suite" (priced $1.99–$8.99/month) delivered in partnership with Kroll and the three major credit bureaus, and a youth-oriented savings sub-brand called True North Savings.

The underlying technology stack is standard retail/community banking infrastructure: 128-bit SSL-encrypted web and mobile banking platforms, EMV chip debit cards, and third-party core processing (no proprietary core banking system is disclosed). The bank's revenue model is the classic community-bank NII-plus-fee mix: recurring interest income on mortgages, auto, personal, and business loans; transaction-based fees from deposit accounts (overdraft, maintenance, service charges); debit/credit card interchange; and small recurring subscription revenue from the Identity Smart Suite. No revenue, headcount, or financial figures are publicly disclosed on the company's website. Distribution combines a traditional branch-led sales motion in local Ohio communities with self-serve digital banking, marketing through a website (nvboh.bank), financial calculators, community cybersecurity education (STOP.THINK.CONNECT. partnership), and direct in-person relationship banking.

In October 2024, North Valley Bank completed the acquisition of Commodore Financial Network Inc. (parent of Commodore Bank), expanding its branch footprint to include the former Somerset, Millersport, and Hebron locations of Commodore Bank following a November 2024 operating systems merger. The bank is FDIC insured, Equal Housing Opportunity certified, and remains locally owned and operated with no parent company or institutional investor ownership disclosed in available materials.

Name

north valley bank - malta

Legal name

North Valley Bank

Website

https://nvboh.com

Company type

Private

Founded year

1904

Operating status

Operating

Short description

North Valley Bank is a privately held Ohio community bank founded in 1904, serving individuals and small businesses across six southeastern Ohio counties via 13+ branches and digital banking channels offering deposits, loans, mortgages, and treasury management.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)

Keywords

• Community banking
• Retail banking
• Commercial lending
• Mortgage services
• Treasury management

Headquarters

HQ city

Malta

HQ country

United States

HQ region

North America

Offices1 record

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. Interest Income from Loans: Revenue generated from interest on mortgage loans, auto loans, personal loans, and business loans
2. Deposit Account Fees: Fees from checking and savings account services, including overdraft fees, maintenance fees, and service charges
3. Identity Protection Services: Monthly subscription fees for identity theft protection services ranging from $1.99 to $8.99 per month
4. Card Services: Revenue from debit and credit card services including interchange fees

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

North Valley Bank is a community bank that provides personal and business deposit accounts (checking, savings, investment), consumer and commercial loans, mortgages, debit and credit card services, treasury management (including Positive Pay and QuickBooks Direct Web Connect), and identity theft protection through its Identity Smart Suite. The bank serves individuals and small businesses across southeastern Ohio via 13+ branch locations, complemented by online, mobile, telephone banking channels and the MoneyPass ATM network.

Product overview

North Valley Bank is a community bank offering a unified retail and commercial banking platform. The core offering consists of Personal Banking (checking, savings, investments, cards, loans, mortgages) and Business Banking (business checking, savings, loans, treasury management). Key add-on services include Identity Smart Suite (identity theft protection in three tiers), Positive Pay (fraud protection for businesses), and Custom Alerts. The bank also provides digital banking services via Online & Mobile Banking, youth savings through True North Savings, and financial planning tools including calculators. The bank serves southeastern Ohio communities including Muskingum, Perry, Morgan, Pickaway, Madison, and Licking Counties.

Differentiator

Problem solved

Functional benefit

Brands

• True North Savings: Helping young savers find their financial True North

Products and services

• Personal Banking Comprehensive retail banking product line for individuals, including checking accounts, savings accounts, investment accounts, card services, loan services, mortgages, and telephone banking, accessible via branch, online, and mobile channels.
• Business Banking
• Mortgage Lending Mortgage loan products for home purchase and home equity lines of credit, with an online mortgage application portal available to applicants.

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered major and core.

• Commodore Financial Network Inc.majorStrategic or Co-development Partner · 25 October 2024Acquisition completed October 25, 2024 with operating systems merged November 2, 2024. Somerset, Millersport, and Hebron locations of Commodore Bank now operate as branches of North Valley Bank. This expands North Valley Bank's presence in southeastern Ohio.
• STOP.THINK.CONNECT.coreStrategic or Co-development PartnerGlobal cybersecurity education and awareness campaign partnership. North Valley Bank promotes the importance of online safety and helps the community stay safer and more secure online through this partnership.
• TransUnion, Equifax, and ExperiancoreTechnology or IntegrationCredit monitoring services provided through these three major credit bureaus for identity theft protection products offered to customers. Includes notifications for new accounts, payment delinquencies, credit inquiries, public record changes, and address changes.
• FDICcoreOthersFederal Deposit Insurance Corporation providing deposit insurance protection for bank customers. The bank displays FDIC digital signage indicating deposits are backed by the full faith and credit of the US government.
• KrollcoreTechnology or IntegrationProvider of identity theft protection services including consultation, restoration, and credit monitoring services offered through North Valley Bank's Identity Smart Product Suite.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Peoples Bancorp Inc. Ohio-based community bank holding company with branches across southeastern and central Ohio, including markets overlapping with North Valley Bank's footprint. Comparable in business model (community banking, retail and commercial lending) and regulatory profile (FDIC, SEC-registered holding company).
• Park National Corporation: Large Ohio-headquartered community bank holding company operating divisions across Ohio and adjacent states. Comparable as a community-focused commercial bank with similar deposit, mortgage, and small business lending products.
• Centra Financial Holdings / United Bank: West Virginia and Ohio community bank offering personal and business banking products across small-town and mid-size markets. Directly comparable community bank model with similar branch-and-digital distribution.
• LCNB Corp. Ohio-based community bank holding company with branches in southwestern and central Ohio. Comparable scale, product mix (deposits, mortgages, commercial loans), and community banking positioning.
• WesBanco, Inc. Multi-state community bank holding company headquartered in West Virginia with significant Ohio presence. Comparable retail and commercial banking franchise serving similar rural and mid-sized markets.
• First Financial Bancorp: Cincinnati-based community bank holding company with branches across Ohio and Indiana. Similar product set (deposits, mortgages, business banking) and community banking positioning.
• Civista Bank: Ohio-based community bank serving northeastern Ohio, Indiana, and Kentucky. Comparable community bank with similar deposit-taking, lending, and digital banking services.
• CFBank (CF Bankshares): Ohio-based community bank focused on commercial lending, mortgages, and SBA lending. Comparable in community bank scale and product mix, with similar Ohio footprint.

Broad incumbents

• Huntington Bancshares: Large regional bank with deep Ohio presence including many of the same cities as North Valley Bank (Columbus, Zanesville area). Comparable product set but at much larger scale, representing both direct competition and a potential future acquirer.
• JPMorgan Chase (Ohio branches): National bank with significant Ohio branch presence in nearby metropolitan areas. Competes for the same deposit and small business customers in southeastern Ohio's adjacent markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

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 →

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