New Peoples Bankshares, Inc. Announces Management Changes
June 01, 2020 at 09:58 pm
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New Peoples Bankshares, Inc. announced that Frank Sexton, Executive Vice President and Chief Operating Officer of the company, has decided to resign effective June 30, 2020. Succeeding Mr. Sexton are Debbie Arrington, SVP Banking Operations and Landon McGlothlin, SVP and Chief Information Officer. They will assume the leadership responsibilities of their respective areas of the Bank. Arrington joined the Bank in November 1998 and has over 33 years of banking experience and McGlothlin joined the Bank in March 2005 with 15 years of banking experience. In addition to their experience, both hold various professional certifications that provide the qualifications needed to successfully fulfill their duties.
New Peoples Bankshares, Inc. is a financial holding company. The Companyâs business is conducted primarily through New Peoples Bank, Inc. (the Bank), a banking corporation. The Bank has a division doing business as New Peoples Financial Services, which offers investment services. The Bank offers a range of banking and related financial services focused primarily on serving individuals, small to medium size businesses and the professional community. It accepts deposits, make consumer and commercial loans, issue drafts, and provide other services customarily offered by a commercial bank, such as business and personal checking and savings accounts, walk-up tellers, drive-in windows, and 24-hour automated teller machines (ATMs). It offers a full range of short-medium- and longer-term commercial, 1-4 family residential mortgages and personal loans. Its commercial loans include both secured and unsecured loans for working capital, including inventory and receivables.
NEW PEOPLES BANKSHARES, INC. 
