New Peoples Bankshares Inc

OTC:NWPP

New Peoples Bankshares, Inc. is a financial holding company, which, through its subsidiary, offers a range of banking and financial services to individuals and small to medium size businesses. The company is headquartered in Honaker, Virginia and currently employs 198 full-time employees. The company went IPO on 2011-04-01. The Company’s 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. The company offers various banking services, including Commercial Loans, Residential Mortgage Loans, Construction Loans, Consumer Loans, Deposits, Investment Services and Other Bank Services. The company offers a full range of short-to-medium 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; business expansion, including acquisition of real estate and improvements; and purchase of equipment and machinery.