National Bankshares, headquartered in Blacksburg, Virginia, employs 222 staff and operates 27 offices, offering a range of banking services, focusing on lending to small and mid-sized businesses. The bank provides various loan and deposit products, including commercial, residential, and consumer loans.
NKSH has been in the news recently: On June 19, the Swiss National Bank (SNB) reduced interest rates by 25 basis points to 0% in response to worsening financial conditions and increased market volatility. Meanwhile, the US Dollar (USD) appreciated by 0.60% against the British Pound as markets anticipated updates from the Federal Reserve regarding its monetary policy.
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