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20 Years Rooted in the Highlands

Photo of historic city street in front of a tree-covered mountain with the words "20 Years Rooted in the Highlands" in a green box on top of the photo

We truly cannot believe we got here. As of September 2022, Highlands Community Bank has been open for 20 years and we could not be more proud.

History of Highlands

In 2001, a group of twenty investors came together and thought the Alleghany Highlands needed a local community bank. Together, the group made the rounds across the highlands and inspired others to invest in this new community bank. Approximately 1,500 investors came together and raised the $7 million that was needed to achieve their goals of opening a local community bank.

On September 16, 2002, the doors of the “bank-in-a-box” were officially open. The bank-in-the-box was a trailer that sat in the Covington location parking lot and housed 10 employees. “Talk about a close-knit family,” says Kathy Joe, a long-time employee of Highlands Community Bank. The trailer had a teller line, a computer room, and boxes that doubled as cafeteria tables. Since 2001, Highlands Community Bank has over $200 million in assets, $185 million in deposits, and $118 million in loans. In addition to that, Highlands Community Bank has given several hundred thousand dollars in charitable donations to our local community.

Celebrate with Us

We have to thank the community, our staff, and the investors. Without them, Highlands Community Bank would not be the organization it is today. To thank everyone for their support, we’re hosting a 20th Anniversary Celebration at Jackson River Sports Complex on September 24, 2022. Read below for details!

From bank-in-a-box to a partner in the community, Highlands Community Bank invites our local community members to celebrate 20 years of success for FREE! Come for the fun, stay for the memories. We’re looking to have a lot of fun with:

  • 3-on-3 Youth Basketball Tournament (see more information below)
  • Corn hole tournament (see more information below)
  • Bounce houses
  • Face painting
  • Multiple bands
  • Cruise-In from the Alleghany Cruisers
  • Activities and more!
  • Stick around for the fireworks to end our 20th anniversary with a bang!

Youth Basketball Tournament 3 on 3 Information:

  • Games begin at 4:00 PM
  • Half-court basketball tournament for girls and boys in: 5th – 6th Grade, 7th – 8th Grade, 9th – 10th Grade, and 11th – 12th Grade
  • Each winning team for each division will receive a prize of $300 for first place and $150 for second place!
  • Fill out the registration form and email it directly to Jacob Grimes at If you have questions, reach out to Jacob at (540) 691-2304!

Corn Hole Tournament Information:

  • Games begin at 3:00 PM!
  • Register for a chance to beat the competition and win $2,000!
  • Registration is located at the large picnic shelter near the baseball fields and begins at 2 PM.

Cruise-In Information:

  • Engines start at 4:00 PM!
  • The Alleghany Cruisers will be hosting a Cruise-In at the River Rock Amphitheater from 4:00 pm to 9:00 pm.
  • The event is open to vehicles of all types.
  • There will be several classic vehicles present for your viewing pleasure.
  • Contact Robert Floyd at 540 691-4626 or John Sprouse at 540 968-1927 for information about the Cruise-In!


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