Bank of Blue Valley is headquartered in Overland Park and is the 10th largest bank in the state of Kansas. It is also the 709th largest bank in the nation. It was established in 1871 and as of December of 2020, it had grown to 84 employees at 12 locations. Bank of Blue Valley has an A+ health rating.
Great Bank
We've been with Bank of Blue Valley since 2007. We came to BBV after a nightmare experience with Bank of America. We qualify for the ultimate checking account and get a better interest rate than any of the national online banks, Ally, ING, Discover, etc. And BBV is a local bank! The president/owner of the bank was recently named Greater KC Chamber as 2011 Kansas Citian of the Year. We go there and the tellers know our name! You couldn't ask for a better bank. I can't ever remember being happy with a bank, but I am with this one.
A Good Bank
We have been keeping money at Bank of Blue Valley for a long time and have never had any problems. I don't know about you but to me the number one thing a bank can do is be reliable and Bank of Blue Valley is just that. They gave us a much better interest rate on our biggest account than we could find at any other bank in the area. One time I needed to get a transfer to someone and they said it was to late in the day. When I talked to the manager and told him how important it was he told me he would do his best, and he was able to get it done right then. It really helped us out a lot.
Rate Is 2%
currently 2%, not 3% do the required 12 monthly transactions.
Beware Of This Bank!!
Google tarp funds plus Bank of Blue Valley.....they were ready to go under in 2007. Also, they have been late with the loan payments back to the Fed. Beware of this bank. Things are not so sunny with this bank. They will cheat you any way possible.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 1143 |
| Year Established | 1871 |
| Employees | 84 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.43% |
| Return on Equity - YTD | 9.79% |
| Annual Interest Income | $51.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $1.38B$1.31B |
| Loans | Q4 2020vs Q4 2019 | $753.4MM$829.5MM |
| Deposits | Q4 2020vs Q4 2019 | $1.14B$1.02B |
| Equity Capital | Q4 2020vs Q4 2019 | $202.3MM$191.2MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $11.0MM$5.0MM |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $3.1MM$1.9MM |
| Real Estate Owned | Q4 2020vs Q4 2019 | $514.00K$765.00K |
