Virginia Heritage Bank

11166 Fairfax Blvd, Suite 100
Fairfax, VA 22030
703.359.4100
www.virginiaheritagebank.com

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Virginia Heritage Bank is headquartered in Fairfax and is the 37^th largest bank in the state of Virginia. It is also the 1,223^rd largest bank in the nation. It was established in 2005 and as of September of 2011, it had grown to 101 employees at 5 locations. Virginia Heritage Bank's CD rates are 11% higher than the national average, and it boasts a 5-star health rating.

2.00% 2-Year No-Penalty CD at Virginia Heritage Bank - Local Only - 3/16/2010

Virginia Heritage Bank is offering a 2-year no-penalty CD with a 2.00% APY. It allows a one-time penalty-free withdrawal. Minimum deposit is $5,000. This special is listed on the bank's front page an ...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Virginia Heritage Bank Checking Account Rates

Apy	Min	Max	Product
0.15%	-	-	VHB Interest Checking (NOW)
0.15%	-	-	Business Interest Checking
0.15%	-	-	Business IOLTA Account

Virginia Heritage Bank Savings Account Rates

Apy	Min	Max	Product
0.45%	-	-	Signature Savings
0.45%	-	-	Kids Savings
0.45%	-	-	Business Signature Savings

Virginia Heritage Bank Money Market Rates

Apy	Min	Max	Product
0.50%	$25k	-	VHB Regular Money Market Account
0.50%	$25k	-	VHB Business Money Market Account

Virginia Heritage Bank CD Rates

Apy	Min	Max	Product
2.00%	$500	-	60 Month CD
2.00%	$500	-	Business 60 Month CD
1.75%	$500	-	48 Month CD
1.75%	$500	-	Business 48 Month CD
1.50%	$500	-	36 Month CD
1.50%	$500	-	Business 36 Month CD
1.25%	$500	-	30 Month CD
1.25%	$500	-	Business 30 Month CD
1.20%	$500	-	24 Month CD
1.20%	$500	-	Business 24 Month CD
1.15%	$500	-	18 Month CD
1.15%	$500	-	Business 18 Month CD
1.10%	$5k	-	24 Month CD - No Penalty
1.10%	$5k	-	Business 24 Month CD - No Penalty
1.00%	$500	-	12 Month CD
1.00%	$500	-	Business 12 Month CD
0.50%	$500	-	9 Month CD
0.50%	$500	-	Business 9 Month CD
0.35%	$500	-	3 Month CD
0.35%	$500	-	6 Month CD
0.35%	$500	-	Business 3 Month CD
0.35%	$500	-	Business 6 Month CD

Virginia Heritage Bank IRA Rates

Apy	Min	Max	Product
2.05%	$500	-	60 Month IRA
1.80%	$500	-	48 Month IRA
1.55%	$500	-	36 Month IRA
1.30%	$500	-	30 Month IRA
1.25%	$500	-	24 Month IRA
1.20%	$500	-	18 Month IRA
1.05%	$500	-	12 Month IRA
0.55%	$500	-	9 Month IRA
0.45%	-	-	IRA Savings Account
0.40%	$500	-	3 Month IRA
0.40%	$500	-	6 Month IRA

Rates updated: 2/11/2012

Data for Q3 2011

Institution Statistics

Virginia Heritage Bank
FDIC Certificate #	58174
BankRate Report	View
Year Established	2005
Employees	101
Primary Regulator	FED
Assets and Liabilities
Assets	$549.92 million
Loans	$427.59 million
Deposits	$471.00 million
Equity Capital	$61.25 million
Loan Loss Allowance	$5.74 million
Unbacked Noncurrent Loans	$708,000
Real Estate Owned	$820,000
Historic Data - September 2010
Assets	$432.20 million
Equity Capital	$35.60 million
Loan Loss Allowance	$4.79 million
Unbacked Noncurrent Loans	$1.27 million
Real Estate Owned	$1.33 million
Profit Margin - Quarterly
Net Interest Margin	3.74%
Return on Assets	0.91%
Return on Equity	8.95%
Interest Income	$18.91 million

Institution Health

Overall Score:

5 out of 5

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 September 30, 2011 Virginia Heritage Bank had $1.53 million in non-current loans and owned real-estate with $66.99 million in equity and loan loss allowances on hand to cover it. This gives Virginia Heritage Bank a Texas Ratio of 2.28% 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 Virginia Heritage Bank decreased significantly from 6.44% as of September 30, 2010 to 2.28% as of September 30, 2011, resulting in a positive change of 64.57%.This indicates that the balance sheet and financial strength for Virginia Heritage Bank has improved significantly in recent periods.
Deposit Growth
In the past year, Virginia Heritage Bank has increased its total deposits by $108.74 million, resulting in 30.02% 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 Virginia Heritage 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. Virginia Heritage Bank has $549.92 million in assets with $66.99 million in equity, resulting in a capitalization level of 12.18%, which is excellent.

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Virginia Heritage Bank

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