ELKINS – After serving as a community banker for the past 45 years, Mountain Valley Bank President and CEO T. Richard “Tail” Harvey announced that he would retire at the end of the year.
Harvey, who has served in his current role at Mountain Valley Bank for 32 years, said he wants to retire at a time when the bank is in excellent shape and a qualified successor is in place.
“The bank is doing very well and we have someone to come and take over my position”, Harvey said. “With everything in order, I just felt the time was right for me to retire.”
During Harvey’s tenure as President and CEO, Mountain Valley Bank was awarded a superior 5-star rating by Bauer Financial Inc., indicating the highest level of strength and performance that a bank can receive. Also during this period, the bank’s total assets more than tripled, from $61 million to nearly $190 million.
“Mr. Harvey successfully served as President and Chief Executive Officer of Mountain Valley Bank, and he has been the face of our organization since its inception,” said Donald J. Judy, Chairman of the Board of Mountain-Valley Bancshares, Inc. “He has built a solid reputation for honesty and fairness in our community and for our bank.
“Along with our group of dedicated employees, Mr. Harvey’s leadership has ensured the growth and success of our organization for more than three decades,” said Judy. “On behalf of the entire Board of Directors and our employees, I would like to extend to him and his family my congratulations on his retirement, as well as our sincere appreciation for his many years of dedicated service and good job.
Randolph County native Doug Weese is set to succeed Harvey as the new president of Mountain Valley Bank.
“Doug worked for us at one point in his career,” Harvey said. “He then went to Pittsburgh and worked for the federal government. We are very lucky to have him back and be the next president.
Harvey graduated from Elkins High School in 1974 and went on to earn degrees from Davis & Elkins College in accounting and finance, as well as management and marketing.
While in college, Harvey was a four-year man of letters for the Senators’ baseball teams and served as captain his senior year. He was an outstanding starting pitcher and infielder during his college career (1975-1978) and was inducted into the Davis & Elkins College Athletic Hall of Fame in 2022.
Harvey’s first job after graduating from college was with the Citizens National Bank of Elkins, where he spent a total of 13 years in several different positions, including vice president of the bank. Harvey was instrumental in introducing the first ATM to Randolph County in the 1980s, and in 1990 earned his CPA designation.
The following year, Harvey accepted a job with Mountain-Valley Bancshares Inc. and was named President and CEO of Mountain Valley Bank. At that time, he was West Virginia’s youngest state bank president.
“It has been the honor of my professional life to serve as President of Mountain Valley Bank and to serve the citizens of Randolph, Tucker and surrounding counties throughout my career,” Harvey said. “I have been fortunate to work with a Board of Directors that supports and encourages me. My wife and I are planning to travel and we are both excited to be able to spend more time with our sons and grandchildren.
Harvey will remain involved in the oversight of Mountain Valley Bank, as Chairman of the Board. Mountain Valley will host a public reception for Harvey in the bank lobby on Friday, December 16 from 3-5 p.m.
“What I will miss most are my customers, my management team and my staff.” Harvey said. “I have been fortunate to work with some great people over the years and will miss the interaction with the public and with my staff.”
During his long tenure at the bank, Harvey also found time to be an integral part of the community and raise a family.
He is married to alum Roseann Lambeth, who has worked in the field of special education for the past 38 years. They are the parents of two sons, Jeffrey and his wife Deanna of Falls Church, Virginia and Steven of Wilmington, North Carolina. They are the proud grandparents of three grandchildren – Talia, Asher and Garrett. He is the son of Barbara and the late Robin L. Harvey.
Harvey coached Babe Ruth Baseball at Elkins for 28 years. During this time, he served as the league’s treasurer and as a coach guided teams to district and regional titles. He coached the 1991 Babe Ruth team to a West Virginia state championship. Harvey was also a basketball coach for the Jerry West League for many years and a member of the Elkins Parks and Recreation Commission for over 35 years.
Harvey is also a member of the Rotary Club, CPAs of West Virginia, Randolph County Technical Center Business Advisory Council, and First Baptist Church of Elkins. He was selected as the 2012 Elkins-Randolph County Chamber of Commerce Businessman of the Year.