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June 22, 2007

                    

                    FNB Moves Forward Construction of New Tanglewood Office

 

FNB Corporation, holding company for First National Bank, held the groundbreaking this morning for one of three new

offices scheduled for completion by year end. The new branch will be located at 4203 Electric Road.

 

After opening the ceremony, Jon Wyatt, Chairman of the FNB Corporation Board, expressed his enthusiasm about

the new office, “As we look around us, we are very excited! With numerous clients living and working on this side of

Roanoke, we look forward to providing a branch close at hand.” Bill Heath, President and CEO of FNB Corporation,

commented that “Roanoke County is a vibrant area with a strong focus on economic growth—coupled with a

continuous emphasis on quality of life.” 

 

With over 2,200 square feet of floor space, the one story facility will have three drives up lanes and a drive up ATM,

designed to meet the needs of both the commercial and retail customers. As Alex Richardson, Regional Manager

for Roanoke Valley stated, “The new Tanglewood office will definitely be a great addition to our network of banks!” 

 

Joe McNamara, Chairman of the Board of Supervisors for Roanoke County, and Mike Wray, Supervisor for the Cave

Spring Magisterial District, attended the ceremony and congratulated FNB on their new facility which is located at

the intersection of Ogden and Electric Roads.

 

As neighbors to the FNB site, Famous Anthony’s and Panera Bread Company were among the local businesses

that attended celebration, along with Roanoke residents and bank customers.

 

Also in attendance at the groundbreaking were the partnering companies that will make the building’s construction

 a success: Kevin King, Project Manager, RL Price Construction; Stephen Feather, with Interactive Design Group,

Architect; Cindi Walton, Cynde Buckles, and Maria Williams of Complements, Inc., Interior Design.

 

Numerous board members and employees of the FNB banking family joined the community at this event.

 

FNB Corporation is one of the largest publicly traded commercial bank holding companies headquartered in Virginia,

with over $1.5 billion in assets. Through the activities of its affiliate, First National Bank, FNB operates 27 full-service

branches and 2 loan production offices. These are conveniently located in markets stretching east to west from Wythe

County to Central Virginia, and north to south from the West Virginia to the North Carolina borders. Services are also

 provided around the clock through over 50 automated teller machines, telephone banking, and on-line banking at

www.fnbonline.com.

 

  

Roanoke County Department of Economic Development
P.O. Box 29800
5204 Bernard Drive, SW Room 421
Roanoke, VA 24018-0798
540·772·2069