In this issue of Lynchburg Business, we are highlighting two important sectors of the financial industry: banks/credit unions and mortgage companies. Read on for our listing as well as profiles of two well-known faces in the local industry.

Disclaimer: This list was generated via internet and social media searches of banks and mortgage companies in the greater Lynchburg area and is intended to be an overview of the industry. To be added to the list or correct an error, contact editor Shelley Basinger at

Banks & Credit Unions

American National Bank & Trust Company
Local Branches: 1646 Graves Mill Rd, Lynchburg;
20479 Timberlake Rd, Lynchburg
Quick Look: Started by H. O. Kerns to serve the community of Danville in 1909, American National has grown from a single office to a full-service bank with 26 branches in Virginia and North Carolina.

Atlantic Union Bank
Local Branches: 2102 Langhorne Rd, Lynchburg;
14915 Forest Rd, Forest; 125 W. Main St, Bedford
Quick Look: Founded in a small rural Virginia county in 1902 with just $2,500, Atlantic Union Bank has become a large, customer-focused bank that offers fair financial solutions and honest advice for families and business owners.

Bank Of The James
Local Branches: 1110 Main St, Altavista; 164 S. Main St, Amherst; 1745 Confederate Blvd, Appomattox; 1405 Ole Dominion Blvd, Bedford; 17000 Forest Rd, Suite A and Suite B (mortgage), Forest; 4935 Boonsboro Rd, Lynchburg; 5204 Fort Ave, Lynchburg; 828 Main St, Lynchburg; 4698 S. Amherst Hwy, Madison Heights;
13 Village Hwy, Rustburg
Quick Look: Founded in 1999, as many local banks were taken over by larger corporate banks/institutions, Bank Of The James went from a start-up team of 12 employees and 10 directors to a company with more than 150 employees today.

Beacon Credit Union
Local Branches: 6320 Logans Ln, Lynchburg;
2134 Langhorne Rd, Lynchburg; 19029 Forest Rd, Lynchburg;
1629 Forest Rd, Bedford; 155 Amelon Sq, Madison Heights;
107 Leroy Bowen Dr, Lynchburg
Quick Look: Beacon Credit Union is a full-service financial institution, offering a wide range of products and services, that has served Lynchburg and the surrounding area for more than 75 years.

Blue Eagle Credit Union
Local Branches: 1210 Greenview Dr, Lynchburg
Quick Look: Founded in 1948 as Roanoke Postal Employees Federal Credit Union, Blue Eagle opened its doors to the community in 2013 and became Blue Eagle Credit Union.

Carter Bank and Trust
Local Branches: 550 Blue Ridge Ave, Bedford; 1621 Forest Rd, Bedford; 3515 Campbell Ave, Lynchburg; 1728 Graves Mill Rd, Lynchburg; 2018 Tate Springs Rd, Lynchburg; 3203 Waterlick Rd, Lynchburg; 4498 South Amherst Hwy, Madison Heights
Quick Look: Since 1974, Carter Bank & Trust has built a proud tradition of caring for the customers and communities they serve; they strive to deliver convenience, localized service, and custom banking solutions with a smile every day.

Central Virginia Federal Credit Union
Local Branches: 20255 Timberlake Rd, Lynchburg;
14416 Forest Rd, Forest; 3404 Old Forest Rd, Lynchburg; 109 Seminole Plaza, Madison Heights; 1638 Mt Athos Rd, Lynchburg
Quick Look: Central Virginia Federal Credit Union or “Your Community Credit Union” provides a full range of financial products and services to anyone who lives, works, worships or attends school in Lynchburg and surrounding areas.

Essex Bank
Local Branches: 801 Main St, Lynchburg (loan production); 3638 Old Forest Rd, Lynchburg; 21437 Timberlake Rd, Lynchburg
Quick Look: Essex Bank is a community bank with locations across Virginia and Maryland that has been invested in providing premier services to personal and commercial consumers for over 90 years.

First Bank and Trust Company
Local Branches: 17011 Forest Rd, Forest; 1380 American Way Ct, Bedford (loan production)
Quick Look: First Bank & Trust Company began as a single-office bank in Lebanon, Virginia with $1 million in capital. Today, 42 years later, they remain a privately-held financial institution with over $2.6 billion in assets.

First Citizens Bank
Local Branches: 3021 Old Forest Rd, Lynchburg;
20373 Timberlake Rd, Lynchburg; 304 E. Main St, Bedford (Express); 130 E. Main St, Bedford
Quick Look: First Citizens Bank is one of America’s largest family-controlled banks, led for three generations by members of one family. For more than 130 years, they have built a solid track record of service, stability and reliability.

First National Bank
Local Branches: 3401 Odd Fellows Rd, Lynchburg; 800 Main St, Lynchburg; 14580 Wards Rd, Lynchburg; 1033 Village Hwy, Rustburg; 3321 Old Forest Rd, Lynchburg; 20865 Timberlake Rd, Lynchburg; 18077 Forest Rd, Forest; 14417 Forest Rd, Forest; 130 S. Main St, Amherst; 1303 S. Main St, Altavista; 622 Broad St, Altavista
Quick Look: Established in 1908, First National Bank is headquartered in Altavista and operates 17 branches in the greater Lynchburg region as well as in Danville, Pittsylvania County, and a loan production office in Charlottesville. In October 2020, First National Bank completed its merger with the former Virginia Bank & Trust, of Danville.

Freedom First
Local Branches: 105 Hexham Dr, Lynchburg
Quick Look: Freedom First provides a wide range of banking services for people and businesses in the Roanoke, New River, and Shenandoah Valleys as well as throughout Central and Southwest Virginia. The Lynchburg office specializes in commercial loans and is run by Brent Jenkins (market executive) and Nickolas Gillan (VP of commercial lending).

Lynchburg Municipal Federal Credit Union
Local Branches: 3176 Fort Ave, Lynchburg
Quick Look: Lynchburg Municipal Federal Credit Union was originally chartered in 1961 to serve city employees and their immediate families, then merged with the Lynchburg Education Association Credit Union in 1980. Since then, the organization has been a multiple common bond credit union that still believes the way to acquire new members is through one organization at a time.

Member One FCU
Local Branches: 7114 Timberlake Rd, Lynchburg;
16955 Forest Rd, Suite A, Forest;
3901 Old Forest Rd, Unit 106, Lynchburg
Quick Look: Member One Federal Credit Union is a full-service, member-owned financial institution serving the needs of communities for more than 80 years. They were chartered in 1940 to serve Norfolk & Western Railroad employees and since then have grown to become one of the region’s largest credit unions with a membership of more than 137,000.

Pinnacle Financial Partners
Local Branch: 1610-B Graves Mill Rd, Lynchburg
Quick Look: Pinnacle was founded in 2000 in Nashville, Tenn., where it is still headquartered, and has had banking services in Lynchburg since 2018. A full-service branch office opened in June 2020. Pinnacle is in the process of acquiring real estate to build its market headquarters in the Lynchburg region.

Local Branches: 2120 Langhorne Rd, Lynchburg;
2477 Rivermont Ave, Lynchburg; 2015 Wards Rd, Lynchburg;
4068 S Amherst Hwy, Madison Heights; 7901 Timberlake Rd, Lynchburg; 17923 Forest Rd, Forest; 35 Campbell Hwy, Rustburg
Quick Look: Truist is a purpose-driven financial services company, formed by the historic merger of equals of BB&T and SunTrust. The company is a top-10 U.S. commercial bank, headquartered in Charlotte, NC.

Select Bank
Local Branches: 211 Gristmill Dr, Forest;
1387 American Way Ct, Bedford; 4925 Boonsboro Rd, Lynchburg;
7113 Timberlake Rd, Lynchburg
Quick Look: Select Bank is owned entirely by local shareholders and takes great pride in the fact that its employees live, work, and play in the communities they serve. The Select Bank family shares a together is better mentality.

Wells Fargo
Local Branches: 2304 Langhorne Rd, Lynchburg;
3408 Candlers Mountain Rd, Lynchburg; 118 Amelon Sq, Madison Heights; 17967 Forest Rd, Forest; 21513 Timberlake Rd, Lynchburg; 114 Moses Ave, Appomattox; 1037 Main St, Altavista
Quick Look: In 1852, Henry Wells and William G. Fargo built an innovative start-up to help customers build businesses and manage money in a rapidly changing world. Their dedication to finding creative solutions and advocating for more inclusive communities continues to inspire generations of change-makers at Wells Fargo.

Woodforest National Bank
Local Branches: Inside Walmart at 3227 Old Forest Rd, Lynchburg; 1126 E. Lynchburg Salem Turnpike, Bedford; 125 Clarion Rd, Altavista; 197 Madison Heights Sq, Madison Heights
Quick Look: Woodforest National Bank is celebrating 40 years as one of the strongest community banks in the nation, offering outstanding customer service since 1980.

Mortgage Companies

Apex Home Loans
Located: 1149 Vista Park Dr, Suite A, Forest
Quick Look: Apex has over 20 years of experience in the mortgage industry. In addition to helping clients purchase a home or refinance an existing mortgage, they also manage your mortgage for its lifetime.

Assurance Financial
Located: 101 Duncraig Dr, Suite 107, Lynchburg
Quick Look: Assurance Financial Group is an independent, full-service residential mortgage banker that was created in 2001 to service the loan industry a little differently, by supporting branches and loan officers with a full-service, in-house team that offers them the flexibility they need.

Atlantic Bay Mortgage
Located: 105 Cornerstone St, Suite 101, Lynchburg
Quick Look: Since 1996, Atlantic Bay Mortgage has been serving the East Coast Region with great loan products, customer service, and expertise, also voted by National Mortgage News as one of the “Best Mortgage Companies to Work For” in 2021.

Blue Ridge Mortgage
Located: 916 Main St, Suite 400, Lynchburg;
151 Market Sq, Bedford
Quick Look: Blue Ridge Mortgage has been a locally owned and operated residential mortgage company since June of 1998. They specialize in purchase loans, rate and term refinance,
and debt consolidation.

Colonial Farm Credit
Located: 22776 Timberlake Rd, Suite A, Lynchburg
Quick Look: Colonial Farm Credit is part of the nationwide Farm Credit System, a financial cooperative owned by its member-borrowers since 1916. They serve people living and working in rural areas in eastern Virginia and southern Maryland.

Diversified Mortgage Brokers
Located: 100 Copley Pl, Suite D, Lynchburg
Quick Look: Diversified Mortgage Brokers has been licensed by the Virginia State Corporation Commission since 1989. Paul McDaniel specializes in residential mortgage loans for purchases and refinances and equity lines/loans.

EMM Loans: TJ Kuczewski
Located: 1179 Vista Park Dr, Suite A, Forest
Quick Look: EMM Loans LLC is a privately held, independent mortgage banker offering FHA, VA, Jumbo, Fixed Rate, USDA and ARM home loans.

Embrace Home Loans
Locations: 130B W. Main St, Bedford;
103A Paulette Cir, Lynchburg
Quick Look: Founded in 1983, Embrace has more than 300 committed professionals in 48 states and was voted as the “Top Mortgage Company for Commercial Satisfaction” in 2019.

Farm Credit of the Virginias
Local Branch: 1356-B American Way Court (P.O. Box 1083), Bedford
Quick Look: Farm Credit of the Virginias provides more than $2 billion in financing to rural homeowners, farmers and landowners in 96 counties in Virginia, West Virginia and western Maryland.

Integrity Home Mortgage Corporation
Located: 114 Northwynd Cir, Suite A, Lynchburg
Quick Look: With a corporate office based in Winchester, Integrity Home Mortgage Corporation has an office in 10 states, with the “power of a big bank with the familiarity of a local business,” according to CEO Adam Huddleston. Local branch manager is Stephanie Tomlin.

Mortgage Equity Team LLC
Located: 4100 Fort Ave, Lynchburg
Quick Look: After more than 10 years in the industry, Melanie Thompson established Mortgage Equity Team LLC, an independent broker based in Central Virginia. She is a Registered Mortgage Advisor and a member of The Equity Alliance Matrix (TEAM) and has worked alongside loan processor Barry Doyle since 2005.

Movement Mortgage – Luper Team
Located: 205 Archway Ct, Lynchburg
Quick Look: Founded in 2008, amidst one of the biggest financial meltdowns in American history, Movement set forth on a mission to create a Movement of Change in the industry, in corporate cultures and in communities. They pioneered a unique approach to home loans centered around helping homebuyers quickly and easily.

Roundpoint Mortgage
Located: 1313 Enterprise Dr, Lynchburg
Quick Look: Roundpoint was founded in 2007 at the onset of the Great Recession. Today, as a member of the Freedom Mortgage Corporation family of companies, it is one of the nation’s largest, fully integrated, non-bank mortgage servicing companies. Local agents are Joseph Jauch, Peyton Woodall and Andrew Shields.

Thrive Mortgage – The Loan Maven Team
Located: 107 Tradewynd Dr, Suite A, Lynchburg
Quick Look: Thrive Mortgage’s mission is to transform the home financing process into a legendary digital experience, by empowering clients with thorough knowledge and cutting-edge technology. Thrive’s Lynchburg agent is Rhonda Holt.

TY Mortgage
Located: 15115 Forest Rd, Forest
Quick Look: TY Mortgage, LLC has a team of experienced and highly skilled loan consultants that will help you determine which loan option, residential or commercial, is best suited for your situation.