Ohio Valley Bank closed on the purchase of the empty lot on Second Avenue across from the City Park in Gallipolis. The Bank was also able to purchase the building that sits between the lot and the old bank building. Due to the addition of these adjacent properties, the scope of our downtown revitalization project has tripled!
In addition to bringing the old bank building back to life, a new, two-story section will be erected in the recently purchased lots and connected to the old building.
The finished facility will be called “OVB on the Square” and will become the new company headquarters. It will not be a working branch, but will have a walk-up ATM accessible from the sidewalk. Bidding will commence soon. We still hope to start construction this summer.
One of the features we’re most excited about is that the new section will have an open patio on top where community events can be held overlooking our beautiful City Park. The patio will also be connected to the community meeting room on the third floor of the old bank building.
More information to come…