OHIO VALLEY BANC CORP. (NASDAQ:OVBC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02(b). Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
OHIO VALLEY BANC CORP. (NASDAQ:OVBC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On January 24, 2017, Steven B. Chapman announced his intention to retire from service as a director of Ohio Valley Banc Corp. and as a director of The Ohio Valley Bank Company, in accordance with a policy of such companies that each director is expected to retire at the next annual meeting of shareholders following the director’s 70th birthday. Mr. Chapman will officially retire at the end of the 2017 annual meeting of shareholders, scheduled for Wednesday, May 10, 2017. Mr. Chapman’s announcement to retire was not due to any disagreement with Ohio Valley Banc Corp. or The Ohio Valley Bank Company.
About OHIO VALLEY BANC CORP. (NASDAQ:OVBC)
Ohio Valley Banc Corp. is a financial holding company. The Company has a banking subsidiary, The Ohio Valley Bank Company (the Bank). The Company’s financial service operations are aggregated in two segments: banking and consumer finance. The Company also owns nonbank subsidiaries, which include Loan Central, Inc., which engages in lending; Ohio Valley Financial Services Agency, LLC, which is used to facilitate the receipt of commissions on insurances sold by the Bank and Loan Central, and OVBC Captive, Inc., a limited purpose property and casualty insurance company. The Company is engaged in certain non-banking activities, such as securities underwriting and dealing activities, insurance agency and underwriting activities, and merchant banking/equity investment activities. The Bank is a financial institution offering a range of commercial and consumer banking services within southeastern Ohio, as well as western West Virginia. OHIO VALLEY BANC CORP. (NASDAQ:OVBC) Recent Trading Information
OHIO VALLEY BANC CORP. (NASDAQ:OVBC) closed its last trading session down -0.34 at 27.45 with 2,157 shares trading hands.
Ohio Valley Banc Corp. is a financial holding company. The Company has a banking subsidiary, The Ohio Valley Bank Company (the Bank). The Company’s financial service operations are aggregated in two segments: banking and consumer finance. The Company also owns nonbank subsidiaries, which include Loan Central, Inc., which engages in lending; Ohio Valley Financial Services Agency, LLC, which is used to facilitate the receipt of commissions on insurances sold by the Bank and Loan Central, and OVBC Captive, Inc., a limited purpose property and casualty insurance company. The Company is engaged in certain non-banking activities, such as securities underwriting and dealing activities, insurance agency and underwriting activities, and merchant banking/equity investment activities. The Bank is a financial institution offering a range of commercial and consumer banking services within southeastern Ohio, as well as western West Virginia. OHIO VALLEY BANC CORP. (NASDAQ:OVBC) Recent Trading Information
OHIO VALLEY BANC CORP. (NASDAQ:OVBC) closed its last trading session down -0.34 at 27.45 with 2,157 shares trading hands.
