Written or last revised on June 25, 2008
The Bank of Clarke County first opened its doors for business in 1881, making it the fifth oldest bank in Virginia, according to bank president John Milleson. Since then, the bank has served Clarke County and surrounding areas in numerous ways, including financially – the bank is a valued LFCC donor.
“Our bank budgets a certain amount at the beginning of the year to spend on contributions and donations,” Milleson said. “We have a philosophy that we like to spread out the money to as many folks as we can.”
The bank also supports organizations such as 4-H, the Future Farmers of America (FFA) and churches.
“We try to do the best we can for everybody in our communities,” Milleson said.
According to its Web site, in 1935, the Bank of Clarke County merged with Boyce State Bank, creating the bank’s second branch. Since then, the bank has opened nine additional branches in Winchester and Frederick County.
Milleson has been the bank president since June 1999. He is a lifelong Clarke County resident who holds a bachelor of science degree in economics from Bridgewater College and an MBA from Shenandoah University.
Milleson took classes at LFCC in the early 1980s in real estate and computers, both of which he said helped him in his career. A class in real estate law particularly helped him satisfy requirements to get into graduate level banking school.
“It brought me up to speed,” Milleson said.
Describing himself as a “die-hard Clarke County native,” Milleson said he has known many people in the county who have attended and benefited from LFCC.
“I’m a firm believer in great public education, and we’ve [Clarke County] sent a ton of great people to LFCC and had great success with the results,” Milleson said.