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.
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 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.
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Main Office main office41526 W Morgan Ave, 24277
Lee Bank 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.
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Main Office main office41371 W Morgan Ave, 24277
Powell Valley National Bank 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.
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Pennington Gap Branch42180 E Morgan Ave, 24277
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.
| Bank | In Pennington Gap | Nearest branch if none here |
|---|---|---|
| Chase | None | Charlottesville, 264 miles away |
| Wells Fargo | None | Norton, 25 miles away |
| Bank of America | None | Lynchburg, 216 miles away |
| PNC Bank | None | Warrenton, 317 miles away |
| U.S. Bank | None | none in Virginia |
| Truist | None | Big Stone Gap, 16 miles away |
| Fifth Third Bank | None | none in Virginia |
| Huntington | None | none in Virginia |
| Regions Bank | None | none in Virginia |
| TD Bank | None | Manassas, 333 miles away |
| BMO | None | none 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%.
| Offer | Bank | APY | Term | Minimum |
|---|---|---|---|---|
| Savings | CIT Bank | 3.75% | none | $5,000 |
| Savings | Barclays | 3.50% | none | $0 |
| Savings | Marcus by Goldman Sachs | 3.40% | none | $0 |
| CD | Synchrony Bank | 4.35% | 60 Months | $0 |
| CD | Marcus by Goldman Sachs | 4.35% | 24 Months | $500 |
| CD | American Express National Bank | 4.25% | 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.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Jonesville, VA | 8 mi | 2 | 2 |
| Banks in Big Stone Gap, VA | 16 mi | 2 | 2 |
| Banks in Rose Hill, VA | 20 mi | 2 | 2 |
| Banks in Norton, VA | 26 mi | 5 | 5 |
| Banks in Gate City, VA | 26 mi | 3 | 4 |
| Banks in Weber City, VA | 28 mi | 2 | 2 |
| Banks in Wise, VA | 29 mi | 5 | 5 |
| Banks in Saint Paul, VA | 40 mi | 2 | 2 |
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.
| Institution | Type | Total assets, June 30, 2026 | Offices here |
|---|---|---|---|
| Lee Bank | Bank | $257.3 million | 1 |
| Farmers and Miners Bank | Bank | $193.2 million | 1 |
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.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| Powell Valley National Bank | $516.5 million | No. 1,756 | 1 | Jonesville, VA |
| Lee Bank | $257.3 million | No. 2,688 | 1 | Pennington Gap, VA |
| Farmers and Miners Bank | $193.2 million | No. 3,035 | 1 | Pennington 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.
| Data | Source | License | Updated | Data as of |
|---|---|---|---|---|
| FDIC-insured banks: branches, main offices, total assets, dates established | FDIC BankFind Suite API | Public data (U.S. government) | Monthly import | Sep 5, 2026 |
| Savings and CD rates, national averages | Banrox Bank Rates | Banrox, from the banks' own rate pages and FDIC national rates | Weekly | see each rate |
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