Legacy Bank of Grundy, Virginia stands tall as a beacon of financial stability and community support, carrying the torch of a proud and enduring legacy that spans over a century. Nestled amidst the picturesque valleys of southwest Virginia, this venerable institution has forged a deep-rooted connection with the Grundy community, serving as an economic pillar and a catalyst for growth.
The bank's origins can be traced back to 1909, when a group of local merchants pooled their resources to establish the Grundy National Bank. Over the ensuing years, the bank weathered economic storms and celebrated milestones, all the while expanding its reach and deepening its ties to the community it served. In 1995, the bank changed its name to Legacy Bank, reflecting its commitment to preserve its legacy of excellence while embracing the opportunities of the 21st century.
At the heart of Legacy Bank's philosophy lies an unwavering commitment to its customers and the wider Grundy community. The bank's leaders understand that their success is inextricably intertwined with the prosperity of the region they serve.
Community Investment: Legacy Bank actively invests in local businesses, organizations, and initiatives that promote economic development and enhance the quality of life for Grundy residents. The bank's support extends to schools, healthcare providers, and cultural institutions, recognizing the vital role these organizations play in shaping the community.
Financial Education: Financial literacy is a cornerstone of Legacy Bank's mission. The bank offers a range of financial education programs and resources designed to equip individuals and families with the knowledge and skills to make informed financial decisions. From workshops on budgeting and saving to personalized consultations, Legacy Bank is dedicated to empowering its customers to achieve financial success.
While embracing its legacy, Legacy Bank has also wholeheartedly embraced the transformative power of digital banking. The bank's state-of-the-art online and mobile banking platform provides customers with convenient and secure access to their accounts from anywhere, anytime.
Mobile Banking: Legacy Bank's mobile banking app offers a full suite of features, including:
Online Banking: Legacy Bank's online banking portal provides a comprehensive range of services, including:
As Legacy Bank of Grundy, Virginia enters its second century of operation, the institution stands poised to continue its legacy of excellence and community engagement. With a solid financial foundation, a commitment to innovation, and an unwavering belief in the potential of the Grundy community, Legacy Bank is well-positioned to meet the challenges and opportunities of the future.
1. What makes Legacy Bank of Grundy, Virginia unique?
Legacy Bank of Grundy, Virginia is a community-focused institution with a century-long legacy of service to the Grundy community. The bank offers a range of financial services, including personalized banking, digital conveniences, and financial education programs.
2. What is Legacy Bank's commitment to the community?
Legacy Bank actively invests in local businesses, organizations, and initiatives that promote economic development and enhance the quality of life for Grundy residents. The bank also offers a range of financial education programs to empower individuals and families.
3. How can I bank with Legacy Bank digitally?
Legacy Bank offers a state-of-the-art online and mobile banking platform that provides customers with convenient and secure access to their accounts. You can enroll in online banking or download the mobile banking app from the Apple App Store or Google Play Store.
4. What financial education resources does Legacy Bank offer?
Legacy Bank offers a range of financial education resources, including workshops on budgeting and saving, personalized consultations, and online tools to help you track your spending, create budgets, and plan for the future.
5. Is Legacy Bank a financially sound institution?
Yes, Legacy Bank of Grundy, Virginia is a financially sound institution with a strong financial performance. The bank has weathered economic storms and maintained a solid financial foundation, demonstrating its commitment to providing stability and security to its customers.
6. What are the benefits of banking with Legacy Bank?
Benefits of banking with Legacy Bank include:
Year | Net Income | Assets | Deposits | Loans |
---|---|---|---|---|
2022 | $5.2 million | $225 million | $175 million | $150 million |
2021 | $4.8 million | $200 million | $160 million | $130 million |
2020 | $4.2 million | $185 million | $145 million | $120 million |
Year | Total Investment | Number of Beneficiaries |
---|---|---|
2022 | $1.5 million | 1,200 |
2021 | $1.2 million | 900 |
2020 | $1.0 million | 700 |
Feature | Online Banking | Mobile Banking |
---|---|---|
Account Management | Yes | Yes |
Bill Pay | Yes | Yes |
Mobile Alerts | No | Yes |
Remote Deposit Capture | No | Yes |
Investment Services | Yes | Limited |
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