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 1,223rd largest bank in the nation. It was established in 1899 and as of March of 2024, it had grown to 132 employees at 13 locations. Bank of Botetourt's CD rates are 11% higher than the national average, and it boasts 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 - YTD0.92%
Return on Equity - YTD9.69%
Annual Interest Income$9.8MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$802.2MM$714.8MM
LoansQ1 2024vs Q1 2023$607MM$507.9MM
DepositsQ1 2024vs Q1 2023$701.4MM$640.4MM
Equity CapitalQ1 2024vs Q1 2023$76.2MM$68.7MM
Loan Loss AllowanceQ1 2024vs Q1 2023$7.6MM$7.2MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$902K$1.9MM
Real Estate OwnedQ1 2024vs Q1 2023$0$0
Report an Issue

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

0.50%*$1$2.5kKids$ave (Children's Savings)
OTHER TIERS: 0.15% $2.5k+
0.15%$100-Business Savings
0.15%$100-Personal Savings
0.15%$100-Club Savings

Bank of Botetourt Money Market Rates

0.35%*$1m*-Business Money Market
OTHER TIERS: 0.15% $2.5k - $50k | 0.25% $50k - $100k | 0.30% $100k - $1m
0.30%*$250k*-Money Market Checking
OTHER TIERS: 0.15% $2.5k - $25k | 0.25% $25k - $250k

Bank of Botetourt Checking Account Rates

0.10%$1.3k-Alliance Banking
0.05%$5k-Business Interest Banking
0.05%$750-Timeless Banking

Bank of Botetourt CD Rates

4.92%$2.5k-10 Month CD Special w/checking
4.72%$2.5k-10 Month CD Special
1.00%$500-Business 5 Year CD
1.00%$500-5 Year CD
1.00%$5k-1 Year No Penalty CD
1.00%$2.5k-5 Year Stepping Stone CD
0.90%$500-Business 4 Year CD
0.90%$500-4 Year CD
0.75%$500-Business 3 Year CD
0.75%$500-3 Year CD
0.75%$2.5k-3 Year Stepping Stone CD
0.70%$2.5k-30 Month CD
0.70%$500-Business 30 Month CD
0.65%$500-Business 2 Year CD
0.65%$500-24 Month CD
0.55%$2.5k-18 Month CD
0.55%$2.5k-Business 18 Month CD Special
0.50%$2.5k-Business 1 Year CD
0.50%$2.5k-1 Year CD
0.40%$2.5k-Business Less Than 1 Year CD

Bank of Botetourt IRA Rates

4.05%$100-24 Month IRA Special
1.10%$100-5 Year IRA
1.00%$100-4 Year IRA
0.85%$100-3 Year IRA
0.65%$100-2 Year IRA
0.55%$100-1 Year IRA


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.