First National Corp. (Strasburg, VA) (I9G)
XFRA 
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First National Corp. (FXNC) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First National (FXNC) have what it takes?
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First National (FXNC) have what it takes?
First National (FXNC) Upgraded to Buy: What Does It Mean for the Stock?
First National (FXNC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
First National Corp. (Strasburg, VA) (I9G) FAQ
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First National Corp. (Strasburg, VA) Profile
| Banks Industry | Financials Sector | Scott C. Harvard CEO | XFRA Exchange | US32106V1070 ISIN |
| US Country | 308 Employees | 29 May 2026 Last Dividend | 2 May 2005 Last Split | 2 Jan 2001 IPO Date |
Overview
First National Corporation operates under the mantle of a bank holding company for First Bank, serving a diverse clientele that includes small and medium-sized businesses, individuals, estates, local government entities, and non-profit organizations primarily within Virginia. Founded in 1907 and based out of Strasburg, Virginia, the company has established itself as a trusted financial partner, offering a wide range of commercial banking services designed to meet the varied needs of its customer base.
Products and Services
The company's product lineup is robust, catering to a wide range of financial needs:
- Deposit Products:
These include a variety of accounts such as checking, savings, money market, and individual retirement accounts, alongside certificates of deposit. The bank also provides treasury management solutions, ensuring a comprehensive suite of options for managing finances.
- Loan Products:
The loan portfolio of First National Corporation is diverse, covering:
- Construction Loans: Spanning residential, land acquisition, and development loans.
- Residential Real Estate Loans: Focused on 1-4 family residential properties.
- Commercial Real Estate Loans: Secured by properties like multi-family residential buildings, office and retail buildings, hotels, industrial buildings, and religious facilities.
- Commercial and Industrial Loans: Secured by business assets such as accounts receivable, equipment, and inventory.
- Home Equity Loans: Leveraging the equity in a homestead for financial flexibility.
- Consumer Loans: A variety including lines of credit, automobile loans, deposit account loans, and installment and demand loans, both secured and unsecured.
- Wealth Management Services:
First National Corporation goes beyond traditional banking to offer wealth management services, encapsulating estate planning, asset investment management, and both acting as a trustee under an agreement or a will, alongside estate settlement services. This holistic approach ensures financial well-being across generations.
- Additional Services:
Apart from its core financial products, the company extends title insurance and investment services. Real estate owned and office sites management, alongside digital solutions like internet and mobile banking, and remote deposit capture, augment its traditional banking services, catering to the evolving needs of its customers.
