Directors

 
 Front Row Left to Right:
John N. Hays, Senior Vice President, Director;  Mahlon Fauss, Director; Dan Stephan, Director

Back Row Left to Right: 
W.R. "Pete" Butcher, President & C.E.O., Director; Steven L. Eddy, Director; Robert A. Criss, Director; Alan V. Criss, Director

 
Williamstown Bank History

 After a former bank in Williamstown, West Virginia failed and because some community minded citizens realized that the town did need a bank, a group of public spirited men met on October 1, 1919, and incorporated a new bank to be known as The Farmers & Mechanics National Bank of Williamstown. 

The newly organized bank opened for business in December of 1919. The first Board of Directors consisted of F.L. Fenton, J.J. Lorentz, E.E. Lane, George Pugh, M. Richter, Frank Lane, D. Reynolds, O.D. King, and B.F. Riggs. The bank's first officers were F.L. Fenton, President, E.E. Lane, Vice President, and J.J. Lorentz Cashier.  

The Bank was prosperous throughout the years and moved into their current location at 435 Highland Avenue, in 1951.  

In the year of 1960 controlling interest in the bank was purchased by A.V. Criss interests and Douglas Adams. After operating together for several years, the interest of Douglas Adams was purchased by A.V. Criss, Jr.. Mr. Criss passd away in 1983 and his wife, L. Gay Criss assumed the position of controlling shareholder of the bank.  

On January 1st, 1964 the name of the bank was changed to The Williamstown National Bank. This was done to shorten the name of the bank and make it conform to common usage. The bank had commonly been referred to as The Williamstown Bank for many years.  

In 1986 the Officers and Directors of the bank decided to open a branch office at 3002 E. 7th Street, Parkersburg, West Virginia.  

On March 13, 2007, the bank's shareholders approved changing the bank's charter to a state charter and began the process for the bank to become Williamstown Bank, Inc.  This change was effective June 1, 2007.

The bank continues to grow and prosper and remains one of the few Community Banks left in the State of West Virginia.

 
Current Rates

Rates Effective:  07/08/2010 to 07/14/2010
 

 Deposit Account Rates

Account Type  Minimum Needed to Open  Interest Rate  APY** 
Super Now  $1,000.00  0.25%  0.25% 
Hi-Fi Money Market  Under $10,000.00  0.40%  0.40% 
  $10,000.00 to $25,000.00  0.50%  0.50% 
  Over $25,000.00  0.60%  0.60% 
Statement Savings  None  0.50% 0.50%
 

 Certificates of Deposit

 Fixed Rate IRAs
Term Minimum Needed to Open Interest Rate APY
91 Day $1,000.00 0.50% 0.50%
182 Day $1,000.00 0.65% 0.65%
12 Month $500.00 0.95% 0.95%
24 Month* $500.00 1.54% 1.55%
36 Month* $500.00 1.73% 1.74%
48 Month $500.00 1.83% 1.84%
60 Month $500.00 1.98% 1.99%
  9 Month*** $1,000.00 0.65%  0.65% 
15 Month $1,000.00 1.12% 1.12%
27 Month $1,000.00 1.49% 1.50%
33 Month $1,000.00  Renewals Only 1.69% 1.70%

*Rate Choice Certificate - Bump up once each 12 month period
**Annual Percentage Yield 
***Non-renewable 
A penalty may be imposed for early withdrawal.
These rates and annual percentage yields are accurate for the time period listed above.  Please call (304) 375-6262 or (304) 485-1717 for current rate information.
   

 
Current Fee Schedule

 Current Fees

Overdrafts (per item paid)  $29.00
Nonsufficient Funds (per item returned)  $29.00 
Overdraft Coverage (from Savings per transfer)  $2.25
Stop Payments (per item) $30.00 
Deposited Items Returned Unpaid  $5.00 
Replacement VISA Check or ATM Card  $5.00 
Account Activity Printout  $1.50 
Account Research (per hour)  $25.00 
Account Balancing Assistance (per hour)  $25.00 
Telephone Transfers (between accounts)  $2.00 
Garnishments  $5.00 
Levies  $25.00 
Cashier's Checks (Customers)  $3.00 
Cashier's Checks (Non-Customers)  $6.00 
Money Orders (Customers)  $3.00 
Money Orders (Non-Customers)  $6.00 
Photocopies  $0.20 
Wire Transfer - Domestic (outgoing)  $15.00 
Wire Transfer - Domestic (incoming)  $5.00 
Wire Transfer - Foreign (outgoing)  $50.00 
Wire Transfer - Foreign (incoming)  $5.00 
Inactivity Fee (per month)** $3.00
 
** The Inactivity Fee will be assessed to all Checking accounts after one (1) year of inactivity and on all Savings accounts after two (2) years of inactivity until the account is either brought to an active status or closed.
 
Check Printing varies by type and style. 
   

 
NOTICE: Open your Rewards Checking or RealSaver accounts today!