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Buchanan-based Bank of Botetourt, one of Virginia’s six oldest banks, commemorated its 125th anniversary recently at The Hotel Roanoke and Conference Center in Roanoke.
Established in 1899 as Bank of Buchanan, the institution has grown to become the largest community bank headquartered in the Roanoke metropolitan service area. One of its branch offices is in Lexington.
Bank CEO G. Lyn Hayth III reflected on this historic occasion, emphasizing the bank’s deep roots and lasting impact.
“This milestone is not only a celebration of longevity but a testament to the dedication, innovation, and resilience that have defined our journey,” Hayth stated. “Our success is built on the foundation laid by those before us, driven forward by our senior management team, a strong board of directors, and our dedicated employees who have worked tirelessly to deliver exceptional service.”
Bank of Botetourt has continually evolved to meet the needs of its customers, embracing new technologies and expanding its reach, she noted. Hayth highlighted recent innovations, including the ITM (Interactive Teller Machine) initiative and the bank’s expansion plans into Rocky Mount and Melrose Plaza.
Chair of the board, Joyce Kessinger, expressed pride in the bank’s achievements, announcing that Bank of Botetourt was named the No. 1 bank in Virginia in 2024 by Forbes. The independent survey of 26,000 U.S. consumers rated financial institutions on trust, terms and conditions, branch services, digital services, customer service, and financial advice.
“Being named among America’s Best-In-State Banks reflects the deep trust our community places in us and the lasting value we provide,” she said.
Michelle Austin, the current and seventh president of Bank of Botetourt, shared her optimism for the future, emphasizing the bank’s commitment to innovation and community engagement.
“Today’s celebration is not just about reflecting on what we have accomplished, but about embracing the opportunities ahead,” Austin said. “We remain committed to providing the same level of personal attention and care that has defined Bank of Botetourt for more than a century.”
The milestone was recognized by the Virginia House of Delegates with House Resolution 726, patroned by Del. Terry L. Austin of the 37th House District. During the ceremony, Austin presented HR 726, acknowledging the bank for its long-standing community service. Austin, a board member since 2014, emphasized the bank’s lasting influence.
A highlight of the evening was a performance by Carlehr Swanson, Miss Virginia 2024, who sang Louis Armstrong’s “What a Wonderful World.”
