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Bank of Lexington


Overview / Commentary
bankoflexington.net
859-219-2900
761 Corporate Drive
Lexington, KY 40503

Bank of Lexington is headquartered in Lexington and is the 56th largest bank in the state of Kentucky. It is also the 2,465th largest bank in the nation. It was established in 2006 and as of June of 2020, it had grown to 47 employees at 3 locations. Bank of Lexington's money market rates are 14% higher than the national average, and it has a B+ health rating.

Reviews (1)

Very Good Bank To Me

Posted by: |

I would have to say I'm 35 years old,and never had an experienced at a bank like this one. Trying to buy a  home these day are horrible a course,but how about a investment home. This bank made it happen. I would have to say i'm very impressed. For me this bank is willing to try anything, I would say this is a good Bank.

7


Health
B+

Data as of Q2 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #58164
Year Established2006
Employees47
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.71%
Return on Equity - YTD6.3%
Annual Interest Income$5.3MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$281.1MM$296.9MM
LoansQ2 2020vs Q2 2019$196.8MM$207.7MM
DepositsQ2 2020vs Q2 2019$239.0MM$253.0MM
Equity CapitalQ2 2020vs Q2 2019$31.0MM$29.2MM
Loan Loss AllowanceQ2 2020vs Q2 2019$1.9MM$1.9MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$0$0
Real Estate OwnedQ2 2020vs Q2 2019$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Bank of Lexington; 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 Lexington Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%--Preferred Plus Savings Account

Bank of Lexington Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$100k*-Money Market Account
OTHER TIERS: 0.25% → $2.5k - $25k | 0.30% → $25k - $50k | 0.40% → $50k - $100k

Bank of Lexington Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$50k*-Plus Account
OTHER TIERS: 0.10% → $2.5k - $50k
0.15%*$50k*-"50" Account
OTHER TIERS: 0.10% → Up to $50k

Bank of Lexington CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.20%$500-60 Month CD
1.15%$500-24 Month CD Special
1.00%$500-18 Month CD Special
1.00%$500-48 Month CD
0.90%$500-12 Month CD Special
0.85%$500-36 Month CD
0.75%$500-24 Month CD
0.75%$500-30 Month CD
0.40%$500-12 Month CD
0.40%$500-15 Month CD
0.40%$500-18 Month CD
0.25%$500-6 Month CD
0.25%$500-9 Month CD
0.10%$500-3 Month CD

Bank of Lexington IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.20%$500-60 Month IRA
1.00%$500-48 Month IRA
0.85%$500-36 Month IRA
0.75%$500-24 Month IRA
0.75%$500-30 Month IRA
0.40%$500-12 Month IRA
0.40%$500-15 Month IRA
0.40%$500-18 Month IRA
0.25%$500-6 Month IRA
0.25%$500-9 Month IRA
Locations


Bank of Lexington Locations
Polo Club Branch6409 Polo Club LaneLexington, KY 40509
Bank Of Lexington, Inc.761 Corporate DriveLexington, KY 40503
Tates Creek Branch866 Malabu DriveLexington, KY 40502

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