John Marshall Bank
John Marshall Bank is headquartered in Reston and is the 33rd largest bank in the state of Virginia. It is also the 1,013st largest bank in the nation. It was established in 2006 and as of December of 2013, it had grown to 81 employees at 7 locations. John Marshall Bank's money market rates are 14% higher than the national average, and it boasts a A+ health rating.
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No Appreciation For Long Time Customer
I have over 5 Accounts with over $100,000 in monthly average balance. Despite being one of the first cutomers to the branch and despite being ask to become a deposit holder to the branch, when the branch was origianlly established, they have now asked me to leave because they have decided that giving "Free" checking account does not add up to their balance sheet.
Not a good way to treat a original customer. If they treat me this way, I wonder how they will treat their own employees when it's time to cut expenses and increase profit.
All the CEO's and VP's have 20+ years of experience - of making money for them. Look at their records, they build up banks to sell out to larger banks. Local Banking - it never lastes because the whole purpose of building a local banks are to grow and to sell out.
What a sham . . .
Must Be Local
Per the bank you must live in VA, D.C. or MD to set up a CD
Data for Q4 2013
Institution Health
Texas Ratio
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 John Marshall Bank had $268,000 in non-current loans and owned real-estate with $96.42 million in equity and loan loss allowances on hand to cover it. This gives John Marshall Bank a Texas Ratio of 0.28% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for John Marshall Bank decreased dramatically from 1.15% as of December 31, 2012 to 0.28% as of December 31, 2013, resulting in a positive change of 75.82%.This indicates that the balance sheet and financial strength for John Marshall Bank has improved dramatically in recent periods.
Deposit Growth
In the past year, John Marshall Bank has increased its total deposits by $51.6 million, resulting in 11.14% 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 John Marshall Bank has shown is excellent.
Capitalization
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. John Marshall Bank has $662.54 million in assets with $96.42 million in equity, resulting in a capitalization level of 14.55%, which is excellent.
Institution Statistics
| Overall | |
|---|---|
| FDIC Certificate # | 58243 |
| Year Established | 2006 |
| Employees | 81 |
| Primary Regulator | FED |
| Assets and Liabilities | |
|---|---|
| Assets | $662.54 million |
| Loans | $566.73 million |
| Deposits | $514.93 million |
| Equity Capital | $90.67 million |
| Loan Loss Allowance | $5.75 million |
| Unbacked Noncurrent Loans | $268,000 |
| Real Estate Owned | $0 |
| Historic Data - December 2012 | |
|---|---|
| Assets | $563.39 million |
| Equity Capital | $53.06 million |
| Loan Loss Allowance | $5.05 million |
| Unbacked Noncurrent Loans | $268,000 |
| Real Estate Owned | $486,000 |
| Profit Margin - Quarterly | |
|---|---|
| Net Interest Margin | 4.5% |
| Return on Assets | 1.17% |
| Return on Equity | 11.35% |
| Interest Income | $30.33 million |
Always verify rates and promotions with the bank or credit union. We are not John Marshall Bank, we are a rate comparison website and can not provide official rates or promotions.
John Marshall Bank Savings Account Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.30% | $5k | - | Premium IRA Savings | |
| 0.20% | - | - | Regular Savings |
John Marshall Bank Money Market Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.50% | $100k | - | Money Market Account | |
| 0.50% | $100k | - | Money Market Account IRA |
John Marshall Bank Checking Account Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.25% | $10k | - | Interest Checking | |
| 0.25% | $10k | - | Business Interest Checking |
John Marshall Bank CD Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 1.51% | $500 | - | 5 Year CD | |
| 1.26% | $500 | - | 4 Year CD | |
| 1.16% | $500 | - | 3 Year CD | |
| 0.90% | $500 | - | 2 Year CD | |
| 0.80% | $500 | - | 18 Month CD | |
| 0.60% | $500 | - | 12 Month CD | |
| 0.50% | $500 | - | 12 Month No Penalty CD | |
| 0.45% | $500 | - | 9 Month CD | |
| 0.35% | $500 | - | 6 Month CD | |
| 0.25% | $500 | - | 3 Month CD |
John Marshall Bank IRA Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 1.51% | $500 | - | 5 Year IRA | |
| 1.26% | $500 | - | 4 Year IRA | |
| 1.16% | $500 | - | 3 Year IRA | |
| 0.90% | $500 | - | 2 Year IRA | |
| 0.80% | $500 | - | 18 Month IRA | |
| 0.60% | $500 | - | 12 Month IRA | |
| 0.50% | $500 | - | 12 Month No Penalty IRA | |
| 0.45% | $500 | - | 9 Month IRA | |
| 0.35% | $500 | - | 6 Month IRA | |
| 0.25% | $500 | - | 3 Month IRA |
| John Marshall Bank Locations | ||
|---|---|---|
| Rockville Branch | 11 N. Washington Street, Suite 100 | Rockville, MD 20850 |
| John Marshall Bank | 1943 Isaac Newton Square East, Suite 100 | Reston, VA 20190 |
| Arlington Branch | 2300 Wilson Boulevard, Suite 120 | Arlington, VA 22201 |
| District Of Columbia Branch | 4315 50th Street, NW | Washington, DC 20016 |
| Falls Church Branch | 5860 Columbia Pike, Suite 104 | Falls Church, VA 22041 |
| Alexandria Branch | 700 South Washington Street | Alexandria, VA 22314 |
| Leesburg Branch | 842 S King St | Leesburg, VA 20175 |