Benchmark Community Bank is headquartered in Kenbridge and is the 26th largest bank in the state of Virginia. It is also the 922nd largest bank in the nation. It was established in 1971 and as of June of 2022, it had grown to 187 employees at 17 locations. Benchmark Community Bank's CD rates are 3X the national average, and it has an A health rating.
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Love This Bank
I have been with many banks over the years and started banking with Benchmark Community Bank after another bank I was with wouldn't help me with a dispute of a charge after twenty years I have been with them.
I absolutely love this bank because they are always friendly, professional and helpful with any request.
Their rates are very good. I earn money on my checking account.
Highly recommend them.
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 20484 |
| Year Established | 1971 |
| Employees | 187 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1% |
| Return on Equity - YTD | 12.47% |
| Annual Interest Income | $18.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $1.06B$978.4MM |
| Loans | Q2 2022vs Q2 2021 | $717.4MM$646.6MM |
| Deposits | Q2 2022vs Q2 2021 | $972.0MM$889.4MM |
| Equity Capital | Q2 2022vs Q2 2021 | $82.7MM$84.1MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $6.1MM$5.8MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $1.1MM$1.2MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$233.00K |
