The concept of Miners Exchange Bank was hatched in the minds of several local businessmen in 1981. One by one, all of the independent banks in Wise County, Va. had been purchased by larger institutions. Seeing the need for a local bank, these entrepreneurs began raising the necessary capital to open a new bank that would represent and serve the people of our area.
Miners Exchange Bank opened for operation on July 8, 1982. The bank was very well received, and experienced steady growth in its early years. Miners Exchange Bank opened its first branch in Norton in 1988. Recognizing Wise County as an operational hub, the bank opened additional branches in St. Paul, Appalachia and a drive-thru facility located in downtown Coeburn. With a desire to continue the growth of the bank, the Board of Directors elected to open a branch in Gray, TN. Additional branches are planned for the Northeast Tennessee area. The bank has already purchased property for a future branch in Piney Flats, TN.
Miners Exchange Bank has always endeavored to bring the finest in banking services to our customers. Our technology department boasts the latest and greatest the banking industry has to offer. Services offered by our competition are very similar to ours, but it is the way in which those services are delivered that makes all the difference. Our friendly people have a reputation for going the extra mile to see that our customer's needs are met. Visit one of our many convenient locations and let us demonstrate to you that "home town banking" is still alive and well at Miners Exchange Bank.