1. Banks
  2. Bank of Botetourt

Bank of Botetourt


Overview / Commentary
www.bankofbotetourt.com
540-254-1721
19747 Main Street
Buchanan, VA 24066

Bank of Botetourt is headquartered in Buchanan and is the 40th largest bank in the state of Virginia. It is also the 1,433rd largest bank in the nation. It was established in 1899 and as of June of 2020, it had grown to 116 employees at 12 locations. Bank of Botetourt has a B+ health rating.

Related Posts

View all posts from:


Reviews (1)

Bank of Botetourt

Posted by: |

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.

1


Health
B+

Data as of Q2 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #6137
Year Established1899
Employees116
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.84%
Return on Equity - YTD8.64%
Annual Interest Income$11.0MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$576.7MM$464.0MM
LoansQ2 2020vs Q2 2019$466.8MM$404.2MM
DepositsQ2 2020vs Q2 2019$510.1MM$412.7MM
Equity CapitalQ2 2020vs Q2 2019$52.2MM$48.2MM
Loan Loss AllowanceQ2 2020vs Q2 2019$5.1MM$3.7MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$2.7MM$1.3MM
Real Estate OwnedQ2 2020vs Q2 2019$2.3MM$3.0MM
Rates
Skip to rates for:
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$1$2.5kKids$ave (Children's Savings)
OTHER TIERS: 0.10% → $2.5k+
0.10%$100-Business Savings
0.10%$100-Personal Savings
0.10%--Club Savings

Bank of Botetourt Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$50k*-Business Promo Money Market
OTHER TIERS: 0.15% → $2.5k - $50k
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$1.3k-Alliance Banking
0.01%$5k-Business Interest Banking
0.01%$750-Everyday Banking
0.01%$750-Ideal Banking
0.01%$750-Timeless Banking

Bank of Botetourt CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.90%$500-Business 5 Year CD
0.90%$500-5 Year CD
0.90%$2.5k-5 Year Stepping Stone CD
0.75%$500-Business 4 Year CD
0.75%$500-4 Year CD
0.70%$2.5k-18 Month CD
0.60%$500-Business 3 Year CD
0.60%$500-3 Year CD
0.60%$2.5k-3 Year Stepping Stone CD
0.50%$5k-12 Month No Penalty CD
0.50%$2.5k-30 Month CD
0.50%$500-Business 30 Month CD
0.45%$500-Business 2 Year CD
0.45%$500-24 Month
0.30%$2.5k-Business 1 Year CD
0.30%$500-1 Year CD
0.20%$500-Less Than 1 Year CD
0.20%$2.5k-Business Less Than 1 Year CD

Bank of Botetourt IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$100-5 Year IRA
0.90%$100-4 Year IRA
0.65%$100-3 Year IRA
0.50%$100-2 Year IRA
0.35%$100-1 Year IRA
Locations

Availability



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.