Ohio Valley Banc Corp..
OVBC.US | Other monetary intermediation
Ohio Valley Banc Corp. operates as the holding company for The Ohio Valley Bank Company that provides commercial banking services in Ohio and West Virginia. It accepts various deposit products, including checking, savings, and money market accounts, as well as certificates of deposit. The company's ...Show More
Better Health for All
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Ohio Valley Banc Corp. (OVBC.US) is a bank holding company whose core business activities, such as providing commercial banking services, deposit products, and loan products, are generally health-neutral. While the company offers Health Savings Accounts (HSAs) with $0 monthly account fees and a $25 match for initial contributions,
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these are financial products that facilitate healthcare spending rather than direct health products or services. The company's operations do not involve direct health impacts, harmful revenue, safety implications, health product pricing, health data management, or health-related R&D. Therefore, most health-specific KPIs are not applicable. The company engages in community giving, such as a $30,000 donation to the Holzer Heritage Foundation for inpatient room renovations
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and employee volunteer hours,
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but these are not core business activities that directly align with the quantitative thresholds for positive health impact scoring.
Fair Money & Economic Opportunity
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No specific, concrete data points were provided in the articles to assess the company against the defined KPIs for Fair Money & Economic Opportunity. While the company mentions maintaining a fair lending compliance program
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and offering financial literacy initiatives
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, there is no quantitative evidence regarding their reach, outcomes, or specific practices that align with the rubric's scoring thresholds. Similarly, the availability of HMDA data is noted
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, but no specific data points from it are presented to evaluate data accessibility or other metrics.
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Fair Pay & Worker Respect
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In 2024, the ratio of the CEO's total compensation to the median employee's total compensation was 16.08 to 1.
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The company's voluntary employee turnover rate was 17% in 2024, which was a 4% increase from the prior year.
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Of this turnover, 25% was due to retirement, health reasons, or relocation.
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Fair Trade & Ethical Sourcing
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As a banking organization, OVBC.US does not procure or trade physical commodities, making fair-trade certifications, exposure to upstream labor practices, supply chain traceability, and material risk indexes not applicable to its operations. The company's Code of Ethics Policy explicitly states that fair trade certifications, forced or child labor, supply chain traceability, and a materials risk index are not applicable to its business.
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Honest & Fair Business
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OVBC has a formal Whistleblower Policy, accessible on the Company's iRisk computer system, which allows for confidential, anonymous submission of concerns regarding questionable accounting or auditing matters and other illegal behavior.
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The policy explicitly states that retaliation against employees reporting in good faith will not be tolerated.
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The Audit Committee is responsible for establishing these procedures.
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The Audit Committee Charter, approved on 1/28/2025, states that the Audit Committee shall be comprised of three or more independent directors, free from any relationship that would interfere with independent judgment, and must satisfy Nasdaq and SEC independence requirements.
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The company's Code of Ethics, approved 5/27/2025, requires the highest standards for honest and ethical conduct, proper procedures for dealing with conflicts of interest, and compliance with applicable laws.
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It requires reporting of potential conflicts of interest and gifts over $500 to the Audit Committee, and prohibits employees from corruptly soliciting or accepting anything of value in return for business or confidential information.
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Kind to Animals
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Ohio Valley Banc Corp. (OVBC.US) operates as a commercial banking services company. Its core business model does not involve products requiring cruelty-free certification, animal testing, animal-derived ingredients, animal husbandry, or animal agriculture. Therefore, all KPIs related to these activities are scored as N/A (0). The company's operations do not intersect with animal welfare policies or R&D for animal-free alternatives. While the company introduced a debit card benefiting 'Friends of Gallia County's Animals' with a $5 donation per card, the articles do not provide specific, measurable data on wildlife conservation impact, such as biodiversity metrics or species recovery, to score the 'wildlife_conservation_impact' KPI.
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No War, No Weapons
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The provided article focuses on Ohio Valley Bank Company's (OVBC.US) banking services and explicitly states that it does not contain any data relevant to the 'No War, No Weapons' ethical value or its associated metrics for arms manufacturers or peacebuilding organizations.
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Therefore, no specific evidence could be extracted to assess the company against the defined KPIs for this value.
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Planet-Friendly Business
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No specific, concrete data points or information relevant to any of the 'Planet-Friendly Business' KPIs were found in the provided articles. All articles explicitly state the absence of environmental or sustainability data for Ohio Valley Banc Corp., focusing instead on financial performance or community engagement initiatives which do not fall under the scope of this value.
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Respect for Cultures & Communities
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No evidence available to assess Ohio Valley Banc Corp. on Respect for Cultures & Communities.
Safe & Smart Tech
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Ohio Valley Bank (OVB) maintains good compliance with applicable regulations, with a compliance department that ensures adherence to state and federal banking laws, including the Community Reinvestment Act (CRA) and Home Mortgage Disclosure Act (HMDA).
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The company also has a fair lending compliance program.
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The level of user control over personal data is standard for the industry, with federal law providing rights to limit some sharing, but no advanced features are detailed.
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In terms of security, OVB pushes out software updates and patches every month and uses SmartDeploy to identify out-of-date software on its 400+ endpoints.
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This indicates critical vulnerabilities are patched within 21-30 days on average. The company also performs regular security testing for 40-55% of its systems, focusing on critical systems.
Zero Waste & Sustainable Products
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No evidence was found across the provided articles regarding OVBC.US's performance in waste diversion, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability score, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education.
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The articles primarily focused on financial performance and organizational structure, explicitly stating a lack of data on environmental, social, or governance (ESG) metrics related to waste and sustainable products.
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