New Peoples Bank hosted students in person and virtually and provided resources and information, teaching the students about banking, financial services, career opportunities in the industry, and the vital role banks play in their communities. Students were asked to write an essay about their experience and fourteen scholarships were awarded based on the merit of the essays. Joe Tyson, a senior at Graham High School in Bluefield, VA was selected as this year’s regional winner and received a $2,500 scholarship from the VBA Education Foundation.
New Peoples Bank is pleased to announce that the employment discrimination lawsuit filed in the United States District Court in Abingdon, Virginia against the bank by a former employee was officially dismissed on April 20, 2022, as having no merit as to any of the claims. The court found that the Bank was entitled to summary judgement and dismissed the lawsuit prior to trial, because the individual failed to prove any of the claims.
New Peoples Bank is pleased to announce that Marjorie Tester has joined the bank as First Vice President and Market Manager serving the Bristol, Virginia/Tennessee market. Tester has over 34 years of banking experience, most recently with First Horizon Bank in Bristol, Tennessee. She has held numerous roles throughout her financial career including Customer Service Representative, Branch Manager, Lender, Private Banker, and Investment Advisor. Tester currently holds a series 6 Investment License for both Virginia and Tennessee and is past president of Tennessee Bankers Association's Johnson City Chapter.
C. Todd Asbury, President and CEO of New Peoples Bank announced today the bank's expansion into the Boone and Banner Elk, North Carolina area with the hire of veteran bankers, David Lecka, Garrett Shore, and Melissa Potter. Together, they bring an additional 59 years of combined experience to the New Peoples Bank team.