Mountain-Valley Bancshares, Inc.

Detailed Description

As of September 6, 2017, Mountain Valley Bancshares, Inc. was acquired by Piedmont Bancorp, Inc. Mountain Valley Bancshares, Inc. was a former bank holding company operating through its subsidiary Mountain Valley Community Bank that provides community banking services in White County, Georgia. It offers demand deposits, time deposits, savings accounts, negotiable order of withdrawal accounts, checking accounts, money market accounts, certificates of deposit, and individual retirement accounts. The company also offers commercial real estate loans, construction and development loans, and commercial and industrial loans, as well as various consumer loans, including home equity loans; automobile, recreational vehicle, and boat financing; loans secured by deposits; overdraft protection lines; and secured and unsecured personal loans. In addition, it provides traveler's checks, direct deposit of payroll and social security checks, automatic transfer, and remote deposit and branch capture services, as well as automated teller machines and credit card services. Mountain Valley Bancshares, Inc. offers its services in various counties located in the northeastern part of Georgia, including White, Lumpkin, Hall, Habersham and Jackson Counties. The company was incorporated in 2004 and is based in Cleveland, Georgia.