Bank of Mount Hope is headquartered in Mount Hope and is the 38th largest bank in the state of West Virginia. It is also the 3,742nd largest bank in the nation. It was established in 1914 and as of March of 2019, it had grown to 30 employees at 3 locations. Bank of Mount Hope has an A health rating.
The Bank Of Mt. Hope is really the best deal around this area for checking accounts. They have very low fees and sometimes 0 fees for your checking account. There is also not a minimum balance which is quite helpful. I also use this bank for my saving account. The bank manager was very helpful and went over all the individual offers with me. She was very kind and helped explain all the way I could invest some money I came into with their bank. We finally settled on a combination of CDs and IRAs which protects my money. The rates of return and interest I received were very favorable. I will keep coming to this bank and give them all of my business. They have exceeded all of my expectations going into my own personal experiences with the bank and their employees.
|FDIC Certificate #||13017|
|Return on Assets - YTD||0.96%|
|Return on Equity - YTD||7.25%|
|Annual Interest Income||$1.1MM|
|Assets and Liabilities|
|Assets||Q1 2019vs Q1 2018||$124.5MM$126.2MM|
|Loans||Q1 2019vs Q1 2018||$64.1MM$67.1MM|
|Deposits||Q1 2019vs Q1 2018||$105.6MM$106.0MM|
|Equity Capital||Q1 2019vs Q1 2018||$16.5MM$15.4MM|
|Loan Loss Allowance||Q1 2019vs Q1 2018||$668.00K$663.00K|
|Unbacked Noncurrent Loans||Q1 2019vs Q1 2018||$49.00K$89.00K|
|Real Estate Owned||Q1 2019vs Q1 2018||$0$0|
Sorry, we do not have rate data for Bank of Mount Hope.
|Bank of Mount Hope Locations|
|Beckley Branch||204 Pinewood Drive||Beckley, WV 25801|
|Bank Of Mount Hope, Inc.||602 Main Street||Mount Hope, WV 25880|
|Oak Hill Branch||835 East Main Street||Oak Hill, WV 25901|