A New Old Name in Banking 2

109-Year-Old American National Bank Opens Roanoke Branch

Article Anne Piedmont | Photography Anne Piedmont

The newest name in Roanoke’s banking landscape is actually more than a century old. American National Bank, a 109-year-old community bank headquartered in Danville, entered the Roanoke market last December.

The commercial team set up shop in December, according to Sherry Dillon, vice president and financial center manager. The branch—located on Ogden Road—opened by appointment only in January, and the grand opening was held in May. She says the bank is hoping to open more branches in Roanoke.

Since American National opened its doors in 1909, it has grown from a single branch on Main Street in Danville to 25 branches in Virginia and North Carolina. Before moving into Roanoke, the bank had opened branches at Smith Mountain Lake and in Rocky Mount, Bedford, Chatham and Lynchburg.

“This was the next logical step,” Sherry says.

American National has managed to keep up with the latest trends in banking while maintaining the personal touch that matters to customers. The bank offers online and mobile banking, including mobile deposit, Sherry says, “but you can still call me at my desk. We’re here to help with even the small questions customers bring us.”

Sherry may be new to American National—she was one of about a dozen people who came over from the former Valley Bank—but she is certainly not new to banking. Her career began 34 years ago at FNEB, which became Dominion, then First Union.

“I came from the days of adding machines, and banks closing between 2 and 3 p.m.,” she says.

If she misses the foot traffic of old, she’s proud that technology lets her customers “bank at your convenience.” The branch is open 9 a.m. to 5 p.m., Monday through Friday.

The financial center on Ogden Road also employs mortgage loan officers, investment bankers and commercial bankers.

“We offer all the services,” she says.

The ATM is in a drive-thru, and Sherry says because this is American National’s only ATM in Roanoke, customers can use their cards at any local ATM without the usual service charge. And though the bank may be headquartered in Danville, she notes that everyone who works in Roanoke is local.

“We really are your local bankers,” she says.

American National has another unique feature: an adjacent T-ball field, which came with the purchase of the building. The bank fixed it up, and the Cave Spring Rec Foundation plays games there.

“I love Roanoke,” she says. “It’s beautiful, and the people are so friendly. I don’t think we always appreciate that.”