First Community Bank Headquarters Information

First Community Bank is a subsidiary of First Community Bancshares, Inc. The latter is a bank holding company that is headquartered in Bluefield, Virginia.

The bank currently has 45 branches which are located in:

• Virginia
• North Carolina
• West Virginia
• Tennessee

By the March of 2017, the bank’s consolidated assets were valued at $2.43 billion.

The bank also has a wealth management and investment services subsidiary, First Community Wealth Management and it also has a Trust Division. These two were collectively managing $906 million by the end of March, 2017.

First Community Bancshares has yet another subsidiary, First Community Insurance Services which, as the name suggests, specializes in insurance products.

The bank currently trades in the Nasdaq Global Select Market where it uses the ticker symbol, FCBC.

History of First Community Bank

First Community Bank started off as Princeton Bank & Trust Co. It was established in Princeton in West Virginia in 1874. It would be more than 100 years later, in 1985, before the banks name would be changed to First Community Bank of Princeton.

Another of Community Bank’s predecessors, Flat Top National Bank of Bluefield, West Virginia would receive its charter in 1903. In 1932, the bank consolidated with Bluefield National Bank.

In November, 1989, First Community Bancshares was incorporated in Delaware. The following year, First Community Bank of Princeton and Flat Top Bank entered a merger of equals to form the bank as it’s now known.

By 2001, the assets of First Community were valued at $1.29 billion. This would increase to $1.6 billion by April, 2004. It also had a subsidiary in Richmond that specialized in mortgages which was later sold to Access National Bank.

First community Bancshares has made many acquisitions since the 90s. Some of these acquisitions included:

• People’s Bank of Richmond – $250,000
• Citizens Bank of Tazewell – $8.9 million
• Blue Ridge Bank or Sparta, NC – 24.6 million
• United First Mortgage
• Citizens Southern Bank of Beckley, WV – $6.5 million
• CommonWealth Bank of Richmond – $26.6 million
• Tristone Community Bank – $10.5 million
• Peoples Bank of Virginia – $40.6 million etc.

The bank added a significant number of assets and branches to its name following these high value acquisitions. The acquisitions also enabled the bank to expand its footprint into new markets.

First Community Bank Headquarters

The main offices of First Community Bank are located at 29 College Drive in Bluefield, VA.

First Community Bank Services

First Community Bank offers a wide range of financial products and services. It serves both personal clients as well as businesses.

Individuals who open personal accounts can access products and services such as:

• Checking and savings accounts
• Money Market Accounts
• CDs
• IRAs

For businesses, the products and services available include:

• Treasury services
• Payroll services
• Merchant services
• Business CDs etc.

The bank also offers several lines of credit including:

• Commercial loans
• Mortgages
• Personal loans

Wealth management and trust services are also available from the bank as well as both personal and commercial insurance solutions. Customers can access these services through computers and phones.

First Community Bank Headquarters Address

29 College Dr, Bluefield, VA 24605, USA

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