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Overview / Commentary
703-871-2100
1800 Robert Fulton Drive, Suite 310
Reston, VA 20191

Access National Bank is headquartered in Reston and is the 28th largest bank in the state of Virginia. It is also the 791st largest bank in the nation. It was established in 1999 and as of December of 2013, it had grown to 210 employees at 5 locations. Access National Bank has a B+ health rating.

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Reviews (1)

Terrible Customer Service And Poor Security

Loan rates are not the best, it's better to go to a bigger bank.



Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Access National Bank had $2.33 million in non-current loans and owned real-estate with $98.25 million in equity and loan loss allowances on hand to cover it. This gives Access National Bank a Texas Ratio of 2.37% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Access National Bank experienced no significant changes from 2.45% as of December 31, 2012 to 2.37% as of December 31, 2013, resulting in a positive change of 3.18%.This indicates that the balance sheet and financial strength for Access National Bank has had no significant changes in recent periods.

Deposit Growth

GRADE:
F

In the past year, Access National Bank has decreased its total deposits by -$97.72 million, resulting in -14.44% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Access National Bank has shown is poor.

Capitalization

GRADE:
A

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Access National Bank has $846.69 million in assets with $98.25 million in equity, resulting in a capitalization level of 11.60%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #35189
Year Established1999
Employees210
Primary RegulatorOCC
Assets and Liabilities
Assets$846.69 million
Loans$698.27 million
Deposits$578.82 million
Equity Capital$85.11 million
Loan Loss Allowance$13.14 million
Unbacked Noncurrent Loans$2.33 million
Real Estate Owned$0
Historic Data - December 2012
Assets$862.76 million
Equity Capital$91.12 million
Loan Loss Allowance$12.50 million
Unbacked Noncurrent Loans$2.33 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin3.96%
Return on Assets1.63%
Return on Equity15.58%
Interest Income$35.88 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Access National Bank, we are a rate comparison website and can not provide official rates or promotions.

Access National Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.15%$10k-Business Savings
0.15%$10k-Personal Savings

Access National Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.20%$100k-Professional Business MMA
0.15%$50k-Professional Personal MMA
0.15%$1m-Business Money Market
0.10%$25k-Personal Money Market

Access National Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.20%$10k-Shareholder NOW Checking
0.15%$2m-Business NOW Checking
0.15%$10k-Employer Access
0.10%$75k-Personal NOW Checking

Access National Bank CD Rates

DetailsAPYMINMAXPRODUCT
1.10%$10k-7 Year CD
1.10%$10k-Business 7 Year CD
1.05%$10k-6 Year CD
1.05%$10k-Business 6 Year CD
1.00%$10k-5 Year CD
1.00%$10k-Business 5 Year CD
0.80%$10k-4 Year CD
0.80%$10k-Business 4 Year CD
0.60%$10k-3 Year CD
0.60%$10k-Business 3 Year CD
0.50%$10k-2 1/2 Year CD
0.50%$10k-Business 2 1/2 Year CD
0.45%$10k-2 Year CD
0.45%$10k-Business 2 Year CD
0.40%$10k-18 Month CD
0.40%$10k-Business 18 Month CD
0.35%$10k-14 Month CD
0.35%$10k-Business 14 Month CD
0.30%$10k-1 Year CD
0.30%$10k-Business 1 Year CD
0.25%$10k-9 Month CD
0.25%$10k-Business 9 Month CD
0.20%$10k-6 Month CD
0.20%$10k-Business 6 Month CD
0.05%$10k-30 Day CD
0.05%$10k-Business 30 Day CD

Access National Bank IRA Rates

DetailsAPYMINMAXPRODUCT
1.10%$10k-7 Year IRA (Traditional,Roth,CESA,SEP)
1.05%$10k-6 Year IRA (Traditional,Roth,CESA,SEP)
1.00%$10k-5 Year IRA (Traditional,Roth,CESA,SEP)
0.80%$10k-4 Year IRA (Traditional,Roth,CESA,SEP)
0.60%$10k-3 Year IRA (Traditional,Roth,CESA,SEP)
0.50%$10k-2 1/2 Year IRA (Traditional,Roth,CESA,SEP)
0.45%$10k-2 Year IRA (Traditional,Roth,CESA,SEP)
0.40%$10k-18 Month IRA (Traditional,Roth,CESA,SEP)
0.35%$10k-14 Month IRA (Traditional,Roth,CESA,SEP)
0.30%$10k-1 Year IRA (Traditional,Roth,CESA,SEP)
0.25%$10k-9 Month IRA (Traditional,Roth,CESA,SEP)
0.20%$10k-6 Month IRA (Traditional,Roth,CESA,SEP)
0.05%$10k-30 Day IRA (Traditional,Roth,CESA,SEP)
Locations


Access National Bank Locations
Chantilly Branch14006 Lee Jackson Memorial Hwy.Chantilly, VA 20151
Access National Bank1800 Robert Fulton Drive, Suite 310Reston, VA 20191
Leesburg Office Branch300 Fort Evans Road Ne, Suite 103Leesburg, VA 20176
Tysons Corner Branch8233 Old Courthouse Road Suite 120Vienna, VA 22182
Manassas Office8525 Rolling RoadManassas, VA 20110