Valley Financial Corporation is a holding company for Valley Bank (the Bank). The Company owns and manages the Bank. The Bank provides commercial banking services focused primarily in the Roanoke Valley of Virginia. The Bank offers a range of deposit services, including checking accounts, negotiable order of withdrawal (NOW) accounts, savings accounts and other time deposits of 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. The Bank’s other services include safe deposit boxes, cash management services, including overnight repurchase agreements, merchant purchase and management programs, traveler’s checks, direct deposit of payroll and social security checks and automatic drafts for various accounts.