Bank of Botetourt is headquartered in Buchanan and is the 40th largest bank in the state of Virginia. It is also the 1,531st largest bank in the nation. It was established in 1899 and as of June of 2019, it had grown to 105 employees at 12 locations. Bank of Botetourt's CD rates are 90% higher than the national average, and it has an A health rating.
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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.
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 6137 |
| Year Established | 1899 |
| Employees | 105 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1% |
| Return on Equity - YTD | 9.56% |
| Annual Interest Income | $10.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $464.0MM$424.3MM |
| Loans | Q2 2019vs Q2 2018 | $404.2MM$357.4MM |
| Deposits | Q2 2019vs Q2 2018 | $412.7MM$379.9MM |
| Equity Capital | Q2 2019vs Q2 2018 | $48.2MM$36.8MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $3.7MM$3.2MM |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $1.3MM$3.6MM |
| Real Estate Owned | Q2 2019vs Q2 2018 | $3.0MM$3.2MM |
Always verify rates and promotions with the bank or credit union. We are not Bank of Botetourt; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Bank of Botetourt Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.00%* | $1 | $2.5k | Kids$ave (Children's Savings) | ||
| OTHER TIERS: 0.15% → $2.5k+ | |||||
| 0.15% | $100 | - | Business Savings | ||
| 0.15% | $100 | - | Personal Savings | ||
| 0.15% | - | - | Club Savings | ||
Bank of Botetourt Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.20%* | $1m* | - | Business Money Market | ||
| OTHER TIERS: 0.15% → $2.5k - $1m | |||||
| 0.20%* | $250k* | - | Money Market Checking | ||
| OTHER TIERS: 0.15% → $2.5k - $250k | |||||
Bank of Botetourt Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | $1.3k | - | Alliance Banking | |
| 0.05% | $5k | - | Business Interest Banking | |
| 0.05% | $750 | - | Everyday Banking | |
| 0.05% | $750 | - | Ideal Banking | |
| 0.05% | $750 | - | Timeless Banking |
Bank of Botetourt CD Rates
Bank of Botetourt IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.51% | $100 | - | 5 Year IRA | |
| 1.10% | $100 | - | 4 Year IRA | |
| 0.60% | $100 | - | 3 Year IRA | |
| 0.50% | $100 | - | 2 Year IRA | |
| 0.35% | $100 | - | 1 Year IRA |
