It was built in 1903 and is a one-story, three-bay, Beaux Arts-style building constructed of granite, brick and carved limestone.

It features semi-engaged, fluted columns of the Corinthian order flanking the central entrance.

General John Echols (1823-1896) founded the bank in 1865 and served as its first president.

His son Edward Echols, who built Oakdene, served as the National Valley Bank's third president from 1905–1915.

This article about a property in Staunton, Virginia on the National Register of Historic Places is a stub.