UPDATE: Memorial Service Set for Former Franklin Community Bank CEO

Collinsville, VA - A memorial service has been set for former Franklin Community Bank CEO, Larry Heaton.

The service will be held at noon Friday at Smith Memorial United Methodist Church in Collinsville.

Heaton, of Bassett, died Sunday in a single car accident in Patrick County.

Heaton is the founding President and CEO of the bank, which just celebrated its 10th anniversary.

Under Heaton's direction, his bank has provided more than $350,000 in community support.