Bank of Botetourt

Overview / Commentary
19747 Main Street
Buchanan, VA 24066

Bank of Botetourt is headquartered in BUCHANAN and is the 32nd largest bank in the state of Virginia. It is also the 1,266th largest bank in the nation. It was established in 1899 and as of September of 2023, it had grown to 132 employees at 13 locations. Bank of Botetourt has an A health rating.

Reviews (1)

Bank of Botetourt

This community bank is very "down-home" and comfortable. Everyone I've interacted with in this branch has been friendly and, whenever I had questions about my account or some other financial concern, they took the time to explain it until I was confident that I understood what was involved. Their website isn't always the greatest or the easiest to navigate. I've had problems in the past of my username and password not working and being forced to wait a couple days while the system reset so I could try again. Other times, I've been forced to re-register because my online account was deactivated without letting me know. They're very proactive about sending new debit/credit cards when there's been a breach in security.


Health Grade Components

FDIC Certificate #6137
Year Established1899
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.16%
Return on Equity - YTD12.3%
Annual Interest Income$24.8MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$741.9MM$707MM
LoansQ3 2023vs Q3 2022$561.2MM$452.3MM
DepositsQ3 2023vs Q3 2022$651.6MM$645.5MM
Equity CapitalQ3 2023vs Q3 2022$71.1MM$57.9MM
Loan Loss AllowanceQ3 2023vs Q3 2022$7.4MM$6.2MM
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$1.4MM$1.8MM
Real Estate OwnedQ3 2023vs Q3 2022$0$0

Rates for Bank of Botetourt are currently being reviewed.



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.