Business venture

OVB takes pole position with new business venture

GALLIPOLIS, Ohio, September 23, 2021 /PRNewswire/ — Chairman and CEO of Ohio Valley Bank Tom Wiseman announces the opening of Race Day Mortgage, Inc., a new subsidiary of Ohio Valley Bank. Race Day Mortgage is an online-only direct-to-consumer mortgage company positioned to disrupt the mortgage industry by accelerating loan approval times and showing up on a personal basis for their clients. Services are provided through convenient mobile and digital channels.

Race Day Mortgage aims to provide an online mortgage experience that will leave the competition in the dust.

The Race Day Mortgage website can be found at www.racedaymortgage.com. The new company offers both new mortgages and refinancing of existing mortgages. Currently, Race Day Mortgage serves the states of Ohio, Tennessee, North Carolina, Caroline from the south, Florida, Colorado, Utah, Pennsylvania, Washington, and Nevada with more states to be added in the near future and the goal of eventually being available nationwide.

Bryan Stepp has been named president of Race Day Mortgage and Scott Shockey is secretary and treasurer. Both are taking on these new responsibilities in addition to their current roles at Ohio Valley Bank.

Under their leadership, Race Day Mortgage has recruited an experienced team working remotely across the country. Leading the loan team is Lisa Burk, who notes that she is a firm believer in the power of homeownership and enjoys walking people through the process to achieve their life goals. Burke brings with her 25 years of experience in the mortgage industry.

Common stock of Ohio Valley Banc Corp. are traded on the NASDAQ Global Market under the symbol OVBC. The holding company owns Ohio Valley Bank, with 16 offices in Ohio and West Virginia; Loan Central, with six tax preparation and loan offices Ohio; and now Race Day Mortgage, an online-only direct-to-consumer mortgage company. To learn more about Ohio Valley Banc Corp., visit www.ovbc.com.

Contact: Bryna Butler, (740) 578-3400, Email: [email protected]

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Ohio Valley Bank