Bank of Botetourt


Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
0.50%2-year IRA2 Year IRA (Traditional, Roth)
0.35%18-month CD18 Month CD
1.21%5-year CD5 Year Stepping Stone CD

Overview / Commentary
540-254-1721
19747 Main Street
Buchanan, VA 24066

Bank of Botetourt is headquartered in Buchanan and is the 46th largest bank in the state of Virginia. It is also the 1,689th largest bank in the nation. It was established in 1899 and as of March of 2018, it had grown to 107 employees at 12 locations. Bank of Botetourt has a B+ health rating.

Related Posts

Bank of Botetourt (VA) Hikes 18-Month CD Rate - 1/23/2018

Bank of Botetourt (southwestern Virginia) has raised the rate on its 18-month CD (2.02% APY). Minimum deposit is $500, with no stated balance cap.

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
B+

Health Grade Components

Overall
FDIC Certificate #6137
Year Established1899
Employees107
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.11%
Return on Equity - YTD12.54%
Annual Interest Income$4.3MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$411.1MM$365.2MM
LoansQ1 2018vs Q1 2017$347.1MM$295.6MM
DepositsQ1 2018vs Q1 2017$371.8MM$328.5MM
Equity CapitalQ1 2018vs Q1 2017$35.9MM$34.0MM
Loan Loss AllowanceQ1 2018vs Q1 2017$3.2MM$2.9MM
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$3.5MM$5.0MM
Real Estate OwnedQ1 2018vs Q1 2017$3.3MM$3.9MM
Rates
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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
1.00%*-$2.5kKids$ave Account
OTHER TIERS: 0.15% $2,500+
0.15%$100-Business Savings Account
0.15%$100-Personal Savings Account
0.15%$100-Club Savings Account

Bank of Botetourt Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$1m*-Business Money Market
OTHER TIERS: 0.15% $2,500 - $1mm
0.20%*$250k*-Money Market Checking Account
OTHER TIERS: 0.15% $2,500 - $250k

Bank of Botetourt Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.12%$500-20 Month CD Special
1.21%$500-5 Year Business CD
1.21%$500-5 Year CD
1.21%$2.5k-5 Year Stepping Stone CD
1.00%$500-4 Year Business CD
1.00%$500-4 Year CD
0.50%$500-3 Year Business CD
0.50%$500-3 Year CD
0.50%$2.5k-3 Year Stepping Stone CD
0.45%$500-30 Month CD
0.45%$500-30 Month Business CD
0.40%$500-2 Year Business CD
0.40%$500-2 Year CD
0.35%$500-18 Month CD
0.25%$500-1 Year Business CD
0.25%$500-1 Year CD
0.20%$5k-1 Year No Penalty CD

Bank of Botetourt IRA Rates

APYMINMAXACCOUNT NAMEVIEW 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
Locations

Availability



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