First National Corp /VA/ is a bank holding company for The First Bank and Trust Company, which is commonly known as First Bank & Trust (FB&T). Founded in 1984, the company operates under the ticker symbol FXNC on the NASDAQ Global Market. The corporation is headquartered in Strasburg, Virginia, United States.
The primary mission of FIRST NATIONAL CORP / VA/ (FXNC) is to provide a wide range of banking and financial services to clients, such as individuals, businesses, and institutions, in its local markets. The bank, through its subsidiaries, offers a full range of retail and commercial services including deposit and savings accounts, loans, cash management, wealth management, estate planning, and insurance services.
FB&T operates more than 14 locations throughout southwest Virginia including branches in Abingdon, Bristol, Christiansburg, Fairlawn, Johnson City, Lebanon, Lynchburg, Norton, Ooltewah, Roanoke, Wytheville, and Strasburg. These include both stand-alone locations and branches located within supermarkets, thereby enhancing accessibility for its customers.
Despite being mainly operational in Virginia, FB&T also operates in Northeastern Tennessee, thereby expanding its reach beyond the state borders. This enables the company to serve a wider customer base, enhancing profitability and market footprint.
As a company, FIRST NATIONAL CORPORATION has shown robust financial performance over the years. The company has consistently focused on strategic growth through expansion of its existing locations, as well as the opening of new ones, and has also demonstrated steady growth in its revenue.
Guided by the vision of creating long-term financial stability and growth, the company places high importance on customer satisfaction and community engagement. It goes beyond financial services to give back to the community through a range of community support initiatives.
The firm’s leadership is well-rounded with experienced industry professionals who have dedicated their experience to the growth and success of FIRST NATIONAL CORP / VA/ (FXNC). The management team combines time-tested banking experience with innovative corporate strategies to give the company a competitive edge.
In a rapidly digitalizing modern banking environment, the company has also evolved to offer online banking services and has integrated digital technologies into its service offering for enhanced customer experience. Moreover, the bank is also committed to maintaining the highest level of ethics and business practices to guarantee long-term customer and shareholder value.
To sum up, FIRST NATIONAL CORP / VA (FXNC) has proven itself as a reliable, customer, and community-focused organization. Its ongoing commitment to providing high-quality banking services, investing in digital transformation and community support initiatives, distinguishes it as a reputable institution within the financial industry.