The latest announcement is out from Ohio Valley Banc (OVBC).
Seth I. Michael has been elected to the Board of Directors of Ohio Valley Banc Corp. and its subsidiary, The Ohio Valley Bank Company, with his term beginning on April 1, 2024, and set to expire at the 2026 annual shareholders meeting. As a non-employee director, Michael will receive standard fees and benefits, and is due to sign an agreement under the Director Retirement Plan. His and his family’s banking transactions with the Bank have been conducted under normal business terms without any disclosed financial risks or irregularities. The company has issued a press release to announce Michael’s new position.
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