Pauls Valley Oklahoma based Pauls Valley National Bank is raising $8,000,000.00 in New Equity Investment.
Pauls Valley, OK – According to filings with the U.S. Securities and Exchange Commission, Pauls Valley National Bank is raising $8,000,000.00 in new funding. Sources indicate as part of senior management President, Jonathan Grimmett played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Pauls Valley National Bank
In addition to a branch location on Indian Meridian Road in Pauls Valley, they opened a new facility in Elmore City in February 2011. In March 2011, First National Bank of Davis was purchased by Pauls Valley National Bank along with the land across the street from the former bank location. A brand new facility was built becoming The First National Bank of Davis, a branch of Pauls Valley National. The former bank location is now the city hall and police department thanks to the generous donation by Pauls Valley National Bank to the City of Davis. For more than one hundred years and five ancestral generations, the Grimmett family has offered its steadfast support and contribution to the Pauls Valley community, it would certainly be impossible for anyone to overestimate the number and reach of the benevolent and life-improving effects that have been born of the Grimmett family’s generosity and devotion to the local communities served by Pauls Valley National Bank. Over the decades, Pauls Valley National Bank has been instrumental in preserving and improving their communities public schools, athletics, extra-curricular activities and education, not only through monetary donations, but also through their personal – and often self-sacrificing-involvement in the school system: they were the founders of the Pauls Valley Foundation for Academic Excellence which provides teachers and students with grant funds and scholarships and remain one of the largest donors each year.
To learn more about Pauls Valley National Bank, visit http://www.pvnb.com/
Contact:
Jonathan Grimmett, President
405-238-9321
jonathan@pvnb.com
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