1-29-2020 – New bank aims for ‘hometown’ feel

Posted on: January 29th, 2020 by admin

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January 29, 2020

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By Guy Lucas
guylucas@newstopicnews.com

Jan 29, 2020 9:14 AM

 

The bank that soon will be the newest addition to Lenoir’s business community will put the emphasis on “community,” the company’s president said.

 

Work is underway for Skyline National Bank to open in March in the former Parkway Bank headquarters at 509 Wilkesboro Blvd., president and CEO Blake Edwards said. When it opens, Edwards hopes people will find it a comfortable fit.

 

“We’re just a small, hometown, community bank,” he said.

 

As a community bank, its emphasis is on small business lending and consumer lending, “the kind of thing that big banks don’t look at,” he said. Skyline employees also are encouraged to be active in civic organizations and schools, he said.

 

“We’ll try our best to be good community citizens,” he said.

 

Bank consolidations following the 2008 economic crisis have “left a lot of communities like this without a solid community bank,” Edwards said. “Our goal … is to step in and fill that void in Western North Carolina.”

 

Skyline, based in Independence, Virginia, has been making a push in North Carolina. Lenoir will be the third new branch it will have opened.

 

Edwards hopes the Lenoir opening will be followed by a new branch opening in Hickory in April and one in downtown Hudson in May. All formerly were Capital Bank branches.

 

That will bring Skyline to a total of nine branches in North Carolina and 15 in Virginia.

 

Skyline formed in 2016 from the merger of two community banks in southwest Virginia, Grayson National Bank and the Bank of Floyd. Seeking a name that resonated with the region, bank officials originally thought about Parkway because of the Blue Ridge Parkway, but the name was taken, Edwards said. They settled instead on Skyline — from the parkway’s original name, Skyline Drive.

 

Skyline then merged with Wilkes County-based Great State Bank in 2018.

 

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