Blue Ridge Bank and Trust Co. is headquartered in Independence and is the 52nd largest bank in the state of Missouri. It is also the 1,443rd largest bank in the nation. It was established in 1958 and as of December of 2013, it had grown to 145 employees at 9 locations. Blue Ridge Bank and Trust Co. has a C+ health rating.
Consumer be aware. They change branch managers a lot which involves bad customer service if you have any financial emergency. Please look at other banking option. Specially from the 291 location
I am 62 and have banked With Blue Ridge Bank and Trust starting when I was in my 20s and on-and-off over the years (I changed towns for awhile). Currently, I have banked with them for five years and have had nothing but excellent service. I have had issues with two outside companies concerning my checking account. Blue Ridge employees have understood the situations immediately and have kept on top of them until resolved. Each employee has been intelligent, professional and courteous, consistently, over many years. I have never seen any slouchy, bored or inattentive-appearing employees at the bank.
Just this morning I was in the main branch concerning a new, dishonest, well-advertised Internet scam company to whom I'd given permission to electronically withdraw from my account. I closed the Internet account this morning, but don't trust the company not to further draw from my account. Sara Wilke, Assistant Branch Manager, was very attentive and interested in hearing about this company and the situation. There is a sure solution available should the need arise, and I feel confident that the Internet company will not be able to charge me any additional fees.
Many of my friends and family have maintained business with Blue Ridge Bank permantly, for years and years. I do strongly recommend Blue Ridge Bank and Trust.
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 Blue Ridge Bank and Trust Co. had $10.9 million in non-current loans and owned real-estate with $46.64 million in equity and loan loss allowances on hand to cover it. This gives Blue Ridge Bank and Trust Co. a Texas Ratio of 23.36% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Blue Ridge Bank and Trust Co. decreased slightly from 32.23% as of December 31, 2012 to 23.36% as of December 31, 2013, resulting in a positive change of 27.51%.This indicates that the balance sheet and financial strength for Blue Ridge Bank and Trust Co. has improved slightly in recent periods.
In the past year, Blue Ridge Bank and Trust Co. has decreased its total deposits by -$13.46 million, resulting in -3.15% 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 Blue Ridge Bank and Trust Co. has shown is below average.
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. Blue Ridge Bank and Trust Co. has $462.78 million in assets with $46.64 million in equity, resulting in a capitalization level of 10.08%, which is above average.
|FDIC Certificate #||17933|
|Assets and Liabilities|
|Equity Capital||$40.92 million|
|Loan Loss Allowance||$5.72 million|
|Unbacked Noncurrent Loans||$7.44 million|
|Real Estate Owned||$3.45 million|
|Historic Data - December 2012|
|Equity Capital||$42.04 million|
|Loan Loss Allowance||$6.58 million|
|Unbacked Noncurrent Loans||$7.44 million|
|Real Estate Owned||$3.43 million|
|Profit Margin - Quarterly|
|Net Interest Margin||3.64%|
|Return on Assets||0.41%|
|Return on Equity||4.72%|
|Interest Income||$16.45 million|
Always verify rates and promotions with the bank or credit union. We are not Blue Ridge Bank and Trust Co., we are a rate comparison website and can not provide official rates or promotions.
|0.10%||-||-||My First Million Savings|
|0.10%||-||-||Wealth 101 Statement Savings|
|0.34%||$85k||-||Maximum Yield Money Market|
|0.34%||$85k||-||Business Maximum Yield Money Market|
|0.30%||$50k||-||Regular Money Market|
|0.26%||$50k||-||Business Money Market|
|1.06%||-||$25k||Maximum Yield "MY" Checking|
|0.10%||-||-||Maximum Yield "MY" Checking|
|0.10%||$1k||-||Elite Plus Checking|
|0.08%||$15k||-||Ultimate Interest Checking|
|1.20%||$500||-||60 Month CD|
|1.20%||$250||-||60 Month Youth CD|
|1.08%||$500||-||48 Month CD|
|1.08%||$250||-||48 Month Youth CD|
|0.93%||$500||-||36 Month CD|
|0.93%||$250||-||36 Month Youth CD|
|0.58%||$500||-||24 Month CD|
|0.58%||$500||-||30 Month CD|
|0.58%||$250||-||24 Month Youth CD|
|0.58%||$250||-||30 Month Youth CD|
|0.42%||$500||-||18 Month CD|
|0.42%||$250||-||18 Month Youth CD|
|0.41%||$500||-||12 Month CD|
|0.41%||$250||-||12 Month Youth CD|
|0.20%||$500||-||6 Month CD|
|0.20%||$250||-||6 Month Youth CD|
|0.10%||$500||-||31 Day CD|
|0.10%||$500||-||60 Day CD|
|0.10%||$500||-||91 Day CD|
|0.10%||$250||-||31 Day Youth CD|
|0.10%||$250||-||60 Day Youth CD|
|0.10%||$250||-||91 Day Youth CD|
|1.20%||$500||-||60 Month IRA CD (Traditional,Roth)|
|1.08%||$500||-||48 Month IRA CD (Traditional,Roth)|
|0.93%||$500||-||36 Month IRA CD (Traditional,Roth)|
|0.58%||$500||-||24 Month IRA CD (Traditional,Roth)|
|0.58%||$500||-||30 Month IRA CD (Traditional,Roth)|
|0.42%||$500||-||18 Month IRA CD (Traditional,Roth)|
|0.41%||$500||-||12 Month IRA CD (Traditional,Roth)|
|0.20%||$500||-||6 Month IRA CD (Traditional,Roth)|
|0.10%||$500||-||91 Day IRA CD (Traditional,Roth)|