First Exchange Bank announces Major Expansion Project in Marion County

Posted on 2/8/2018 by in first exchange bank expansion

MANNINGTON – Chairman of the Board Jim Boyers announces First Exchange Bank’s expansion into the South Fairmont/White Hall area during our 23rd Annual Groundhog Day Breakfast.

"The new location will be located on the corner of Nasa Boulevard and U.S. Route 250 across from Dan Cava’s Toyota World.

Our goal has been to develop into the premier regional bank of North Central West Virginia and beyond.  Training and development of our employees coupled with excellent products and a solid Information Technology base has provided a great foundation.

The new facility on the corner of US Route 250 and NASA Blvd. will be the cornerstone of  our mission to be North Central West Virginia’s premier regional bank,” stated Bill Goettel, CEO of First Exchange Bank.

“For those of you unfamiliar with the site, it has great visibility from Interstate 79 and U.S. Route 250, which will provide a great branding opportunity for us. We plan to take full advantage of this opportunity by locating a state of the art facility including a retail branch, operations center and our corporate headquarters.” Goettel continued.

For a little history First Exchange Bank has deep roots in Mannington. The institution that now prides itself on “Real Life Banking” is the successor of three banks that once served this great city: The Bank of Mannington, First National Bank of Mannington, and the Exchange Bank of Mannington. In 1932 the city’s three banks came together as one, and First Exchange Bank was born. It was chartered by the State of West Virginia on June 25.

Over their lifespan the Bank has grown into six locations with offices located in Fairmont, Morgantown, Hundred, Fairview, and Barrackville. The South Fairmont location will be their seventh location.

“Our mission is to deliver exceptional personal service to each of our customers, and that will not change, at any of our current locations, we will continue an emphasis on offering great banking products while providing our customers an additional location to access our great service and products. This new location for our headquarters helps us to centralize our efforts and bring our Real Life Banking experience to new customers while providing an additional location for our current customers” stated Brent Skidmore Senior Vice President/Chief Lending Officer of First Exchange Bank.

First Exchange Bank is a locally owned and operated bank that has been serving the communities of Marion, Mon, and Wetzel counties since 1932. For more information on First Exchange Bank and their commercial lending products, visit