Valley Bank

Valley Bank Locations
36 Church Avenue, Southwest
Roanoke, VA 24011
540-342-2265
www.myvalleybank.com

FDIC

Valley Bank is headquartered in Roanoke and is the 30th largest bank in the state of Virginia. It is also the 880th largest bank in the nation. It was established in 1995 and as of December of 2012, it had grown to 137 employees at 8 locations. Valley Bank has a 3-star health rating.

Valley Bank Routing Number: 051405450

Related Posts

Valley Bank RCA Drops From 1.01%APY To 0.31%APY Effective 1/1/13 (Forum) - 12/30/2012

The cap on the My LifeStyle checking account remains unchanged at $15k. Yes, that is a total interest of $3.57/mo (as long as the account is kept at the max) earned by meeting the requirements of 12 transactions. 

3.50% 10-Month CD at a Virginia Bank - Add-On (Valley) - 6/6/2008

Valley Bank is offering a special 3.50% APY 10-month CD. The minimum deposit is $2,500. There's an add-on feature that allows additional deposits of at least $500 to be made anytime during the term. The maturity date will remain the same regardless of...

3.51% Reward Checking Account at a Virginia Bank (Valley) - 6/6/2008

Update 11/02/09: The top rate has fallen to 3.51% APY. Refer to the bottom of the post for the rate history.Valley Bank has a reward checking account called My LifeStyle Checking that pays 3.51% APY on balances up to $25,000 (1.01% for above) and refunds...



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See Rates for: Checking | Savings

Valley Bank Checking Account Rates

ApyMinMaxProduct
0.31%-$15kMy LifeStyle Checking

Valley Bank Savings Account Rates

ApyMinMaxProduct
0.35%--MyLifestyle Savings

Rates updated: 3/31/2013

Data for Q4 2012


Institution Statistics


Valley Bank
FDIC Certificate #34019
BankRate ReportView
Year Established1995
Employees137
Primary RegulatorFED

Assets and Liabilities

Assets$763.78 million
Loans$533.70 million
Deposits$622.68 million
Equity Capital$78.39 million
Loan Loss Allowance$8.06 million
Unbacked Noncurrent Loans$7.39 million
Real Estate Owned$21.33 million

Historic Data - December 2011

Assets$771.16 million
Equity Capital$71.55 million
Loan Loss Allowance$9.65 million
Unbacked Noncurrent Loans$7.19 million
Real Estate Owned$17.04 million

Profit Margin - Quarterly

Net Interest Margin3.65%
Return on Assets0.89%
Return on Equity9.16%
Interest Income$31.69 million

Institution Health


Overall Score:
3 out of 5
3
Texas Ratio2
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, 2012 Valley Bank had $28.72 million in non-current loans and owned real-estate with $86.45 million in equity and loan loss allowances on hand to cover it. This gives Valley Bank a Texas Ratio of 33.22% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Valley Bank held steady from 29.84% as of December 31, 2011 to 33.22% as of December 31, 2012, resulting in a negative change of 11.31%. This indicates that the balance sheet and financial strength for Valley Bank has held steady in recent periods.
Deposit Growth2
In the past year, Valley Bank has decreased its total deposits by -$10.79 million, resulting in -1.7% 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 Valley Bank has shown is below average.
Capitalization4
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. Valley Bank has $763.78 million in assets with $86.45 million in equity, resulting in a capitalization level of 11.32%, which is above average.
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