US Bank Directory

Banks in Pennington Gap, VA

3 FDIC-insured banks operate 3 offices in Pennington Gap, Virginia.

Source: FDIC BankFind, data as of September 5, 2026.

Bank branch map: Pennington Gap

Banks sit at the coordinates in their FDIC record; credit union offices at their NCUA address, located with the U.S. Census Bureau Geocoder. Point at a marker for today's hours, tap it for the address, directions and the bank's site.

Short answer: 3 banks and credit unions operate 3 locations in Pennington Gap, according to the FDIC. 3 of them have coordinates on record and are on the map. ATMs and opening hours are not in the sources this page uses yet; each marker links to directions.

BankMain office

Branches: FDIC, NCUA. Streets: loading.

3 locations on the map

Tap a cluster to zoom in

Positions are the regulators' own coordinates, or the Census Geocoder's point for the address, and can sit a few hundred feet from the door. Streets, buildings and parks come from OpenStreetMap through OpenFreeMap, with every street named as you zoom in; if that map cannot load, a simpler map drawn from the Census Bureau's TIGER/Line files takes its place. ATMs will follow with the Overture Maps import.

All banks in Pennington Gap

Sorted by number of local branches. Each branch shows where its hours and phone number come from.

Short answer: Powell Valley National Bank, Lee Bank and Farmers and Miners Bank have the most locations in Pennington Gap, with 1 each. 3 banks have a single office in the city. Open any bank to see each address, today's hours where the bank publishes them and the phone number.

Farmers and Miners Bank 1 branch · main office Pennington Gap, VA Bank · 1

Farmers and Miners Bank has 1 branch in Pennington Gap, 6 across Virginia and 6 nationwide. FDIC records list its main office in Pennington Gap, VA and show it operating since 1979. With $193.2 million in total assets on June 30, 2026, it ranks No. 3,035 of 4,232 U.S. banks by total assets. Its main office at 41526 W Morgan Ave dates to 1979 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

  • Main Office main office
    41526 W Morgan Ave, 24277
    Hours: see the bank's site
Farmers and Miners Bank: profile, branches and contacts
Lee Bank 1 branch · main office Pennington Gap, VA Bank · 1

Lee Bank has 1 branch in Pennington Gap, 3 across Virginia and 3 nationwide. FDIC records list its main office in Pennington Gap, VA and show it operating since 1932. With $257.3 million in total assets on June 30, 2026, it ranks No. 2,688 of 4,232 U.S. banks by total assets. Its main office at 41371 W Morgan Ave dates to 1932 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

  • Main Office main office
    41371 W Morgan Ave, 24277
    Hours: see the bank's site
Lee Bank: profile, branches and contacts
Powell Valley National Bank 1 branch · main office Jonesville, VA Bank · 1

Powell Valley National Bank has 1 branch in Pennington Gap, 6 across Virginia and 7 nationwide. FDIC records list its main office in Jonesville, VA and show it operating since 1888. With $516.5 million in total assets on June 30, 2026, it ranks No. 1,756 of 4,232 U.S. banks by total assets. The Pennington Gap Branch at 42180 E Morgan Ave dates to 1977 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

  • Pennington Gap Branch
    42180 E Morgan Ave, 24277
    Hours: see the bank's site
Powell Valley National Bank: profile, branches and contacts

Banking in Pennington Gap: the local picture

Short answer: 3 banks run 3 branches in Pennington Gap according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.

Of the 3 banks, 2 have their main office in Pennington Gap, 1 elsewhere in Virginia, according to the FDIC.

The bank with the longest record here is Powell Valley National Bank, operating since 1888 according to the FDIC. In FDIC branch records, the longest-running branch is Lee Bank's office at 41371 W Morgan Ave, dating to 1932; the newest is Farmers and Miners Bank's at 41526 W Morgan Ave, from 1979.

None of the 3 locations here publishes hours in the sources this page uses. Each branch links to the bank's own site.

Chase, Bank of America and other national banks

Which big national banks have branches in Pennington Gap, and where the nearest one is if they do not.

Short answer: No branches in Pennington Gap: Chase (nearest in Charlottesville, 264 mi), Wells Fargo (nearest in Norton, 25 mi), Bank of America (nearest in Lynchburg, 216 mi), PNC Bank (nearest in Warrenton, 317 mi), U.S. Bank, Truist (nearest in Big Stone Gap, 16 mi), Fifth Third Bank, Huntington, Regions Bank, TD Bank (nearest in Manassas, 333 mi), BMO.

BankIn Pennington GapNearest branch if none here
ChaseNoneCharlottesville, 264 miles away
Wells FargoNoneNorton, 25 miles away
Bank of AmericaNoneLynchburg, 216 miles away
PNC BankNoneWarrenton, 317 miles away
U.S. BankNonenone in Virginia
TruistNoneBig Stone Gap, 16 miles away
Fifth Third BankNonenone in Virginia
HuntingtonNonenone in Virginia
Regions BankNonenone in Virginia
TD BankNoneManassas, 333 miles away
BMONonenone in Virginia

Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Pennington Gap to the nearest branch in Virginia.

What your savings could earn

National benchmarks and the best published offers, from the Banrox Bank Rates tracker. Enter your own balance and rate to compare.

Short answer: At the national average savings rate of 0.38%, $10,000 kept in savings for a year earns about $38. The best published savings rate in the tracker, 3.75% at CIT Bank, earns about $375. The national average 12-month CD pays 1.71%.

Fed Funds Target Range3.75% - 4.00%FOMC, Sep 16 2026
30-Yr Fixed Mortgage Avg6.76%Freddie Mac PMMS, Sep 10 2026
15-Yr Fixed Mortgage Avg6.09%Freddie Mac PMMS, Sep 10 2026
Avg Credit Card APR22.15%Fed G.19, accounts assessed interest, Q2 2026
Best 12-Month CD4.25%Barclays and Popular Direct, Sep 16 2026
Best High-Yield Savings3.95%Bread Savings, Sep 16 2026

One year at this rate earns about $0; at the best published savings rate (3.75%) about $0.

OfferBankAPYTermMinimum
SavingsCIT Bank3.75%none$5,000
SavingsBarclays3.50%none$0
SavingsMarcus by Goldman Sachs3.40%none$0
CDSynchrony Bank4.35%60 Months$0
CDMarcus by Goldman Sachs4.35%24 Months$500
CDAmerican Express National Bank4.25%10 Months$0

Rates are the banks' published APYs as tracked on the Banrox Bank Rates page, with the date next to each benchmark; they are not offers from Banrox and can change daily. Interest is before tax. The best offers are mostly online banks and are open to Pennington Gap residents like anyone else.

Banks near Pennington Gap

Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.

Short answer: The closest towns with more choice are Jonesville (8 miles) and Big Stone Gap (16 miles). Norton, 26 miles away, has the most banks nearby: 5.

Bank branch openings and closings in Pennington Gap

FDIC branch records, between September 5, 2025 and September 5, 2026.

Short answer: FDIC branch records show no bank branch openings in Pennington Gap between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.

Banks and credit unions based in Pennington Gap

Short answer: 2 institutions have their main office in Pennington Gap: Lee Bank and Farmers and Miners Bank.

InstitutionTypeTotal assets, June 30, 2026Offices here
Lee BankBank$257.3 million1
Farmers and Miners BankBank$193.2 million1

Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.

Largest banks in Pennington Gap by total assets

Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Pennington Gap offices.

Short answer: Powell Valley National Bank is the largest bank with offices in Pennington Gap, with $516.5 million in total assets on June 30, 2026, No. 1,756 among U.S. banks by total assets. Lee Bank is second with $257.3 million. 2 of the 3 banks are headquartered here. Local deposit shares will follow once the FDIC Summary of Deposits is imported.

BankTotal assetsRankOffices hereMain office
Powell Valley National Bank$516.5 millionNo. 1,7561Jonesville, VA
Lee Bank$257.3 millionNo. 2,6881Pennington Gap, VA
Farmers and Miners Bank$193.2 millionNo. 3,0351Pennington Gap, VA

Total assets and ranks from FDIC BankFind as of June 30, 2026. Rank is among active banks that report total assets to the FDIC.

Banks in Pennington Gap: FAQ

How many banks are in Pennington Gap, VA?

Pennington Gap has 3 banks with 3 branches, according to FDIC data as of September 5, 2026.

Which bank has the most branches in Pennington Gap?

Powell Valley National Bank, with 1. Lee Bank has 1 and Farmers and Miners Bank has 1.

Is there a Powell Valley National Bank in Pennington Gap, VA?

Yes. FDIC data lists 1 Powell Valley National Bank branch in Pennington Gap as of September 5, 2026. The address and directions are under Powell Valley National Bank above.

Is there a Lee Bank in Pennington Gap, VA?

Yes. FDIC data lists 1 Lee Bank branch in Pennington Gap as of September 5, 2026, the main office at 41371 W Morgan Ave. The address and directions are under Lee Bank above.

Is there a Farmers and Miners Bank in Pennington Gap, VA?

Yes. FDIC data lists 1 Farmers and Miners Bank branch in Pennington Gap as of September 5, 2026, the main office at 41526 W Morgan Ave. The address and directions are under Farmers and Miners Bank above.

Is there a Chase in Pennington Gap, VA?

No. FDIC data lists no Chase branch in Pennington Gap as of September 5, 2026. The nearest is in Charlottesville, about 264 miles away in a straight line.

Which banks are headquartered in Pennington Gap?

Lee Bank and Farmers and Miners Bank have their main office in Pennington Gap, according to the FDIC.

What is the oldest bank in Pennington Gap?

Powell Valley National Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1888.

Did any bank branches open or close in Pennington Gap in the past year?

FDIC branch records show no branch openings between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.

Where can I find more banks near Pennington Gap?

Nearby cities with more banks include Jonesville, Big Stone Gap, Rose Hill. Jonesville is 8 miles away with 2 banks.

How we build this page

Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.

DataSourceLicenseUpdatedData as of
FDIC-insured banks: branches, main offices, total assets, dates establishedFDIC BankFind Suite APIPublic data (U.S. government)Monthly importSep 5, 2026
Savings and CD rates, national averagesBanrox Bank RatesBanrox, from the banks' own rate pages and FDIC national ratesWeeklysee each rate

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