Mountain Valley Bank, NA Fund

This unrestricted fund, initiated by the local bank, supports a wide range of charitable needs in Tucker County and exemplifies the bank’s commitment to community giving.

TYPE OF FUND: Unrestricted

DATE ESTABLISHED: 1995

PURPOSE: General charitable needs.

DISTRIBUTION: Recommendation by the Grants Committee and approval by the full Board of Directors of TCF.

VARIANCE POWER: If, in the judgment of the TCF Board of Directors, the restrictions and conditions of the fund become unnecessary, incapable of fulfillment, or inconsistent with the charitable needs of the community, the TCF Board of Directors maintains the right to modify the terms of this fund.

FUNDING: Initiated June 12, 1990 by First National Bank of Parsons, which became Mountain Valley Bank, N.A. on October 1, 1992. The bank deposited $1,000 annually for five years.