Surry Business

Yadkin Valley Bank in Elkin has named Joseph Towell as its new executive vice president and chief lending officer.

Towell has more than 30 years of banking and financial experience. He has bachelor’s and MBA degrees from Appalachian State University.

Yadkin Valley Financial Corp., the Surry County-based bank holding company that owns Yadkin Valley Bank, also announced that its board of directors has two new members. Dan Hill III and Morris Shambley were chosen for the board as part of the merger between Cardinal State Bank and Yadkin Valley Financial Corp. Hill will serve on the board’s marketing committee and Shambley on the board’s real-estate committee.