Cumberland Valley National

National Bank London

There are many reasons to call CVNB your personal bank.

We love our community. For us, that means putting you first. We know not everyone fits the mold, so we treat you like you, not like everyone else. We are eager to help make your banking experience pleasant and rewarding in any way we can. From your first savings account to your retirement funds, we offer services for every stage of life. Our friendly staff will give you the personalized care you need to make your finances work for you.

Our community is our biggest priority, so we put special emphasis on security. We are constantly updating and innovating to make sure you and your information are protected. We have also installed safeguards for those times when fraud does occur. We are prepared and able to help you defend your privacy.

Try CVNB and see. You won't be disappointed.

MISSION STATEMENT

CVNB is dedicated to providing friendly and personalized service to our community with innovative technology, experienced staff, and a secure environment.

OUR HISTORY

(The following contains excerpts taken from an article in the Sentinel Echo in 1954)
We at CVNB take pride in the fact that we offer our community the most innovative and efficient methods available. This has been our goal since day one in 1904.

We started out under the name East Bernstadt Banking Company, organized by W.Q. Harned. On May 26 of 1904, Mr. Harned announced that we would begin business later in the year, “and continue for a period of fifty years.” Because of the quality of our service and our desire to serve our community, we have more than doubled Mr. Harned’s prediction.
From the beginning we have been strived to be on the cutting edge. In 1904 our bank was fully equipped with a capital stock of $15, 000, the most modern furnishings available, and a large burglarproof safe. But we have not stopped there.

Though the closing of major coal mining operations had an adverse effect on business in East Bernstadt, our bank continued its successful operation there until it was moved to the Catching Building in London, thus becoming the Second National Bank of London. At that time its capital stock was increased to $50, 000. In 1946, it was further increased to $75, 000 and in 1951 to $100, 000. The Second National Bank’s published statement on April 15, 1954 showed a total capital account of $318, 286.26, total assets of $3, 782, 794.44 and total deposits of $3, 464, 506.38.

Finding their quarters too crowded, the Second National Bank rented the storeroom next to them in 1948, doubling their available space. They remodeled with all new fixtures, a state of the art vault, and a new and improved facade.

The Second National Bank continued to grow with the community until October 1, 1972 when a name change was inevitable. The Second National Bank was no longer the “2nd” bank in town, but the 1st in customer service.

On July 1, 1993, another chapter was added to our history which expanded our community and allowed our bank function more efficiently. Cumberland Valley National Bank & Trust Company and Corbin Deposit Bank & Trust merged, under a National Charter, becoming the largest bank in southeastern Kentucky. This marriage resulted in a branch system like no other in our region; several locations and a network of eight Automatic Teller Machines.

Source: www.cvnb.com
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