Valley Financial Corporation is a bank holding company for Valley Bank (the Bank). The Bank provides commercial banking services focused primarily in the Roanoke Valley of Virginia. The Company is engaged in the business of commercial banking. Its deposits are insured by the Federal Deposit Insurance Corporation (FDIC). It conducts a general commercial banking business while emphasizing the needs of small-to-medium sized businesses, professional concerns and individuals. It offer a range of deposit services, including checking accounts, negotiable order of withdrawal (NOW) accounts, savings accounts and other time deposits of various types, ranging from daily money market accounts to longer-term certificates of deposit. The Bank offers a range of lending services, including commercial loans, residential real estate loans, construction and development loans and consumer loans. In October 2011, the Bank established a wholly owned subsidiary FRP II, LLC.