Blue Ridge Bank


Overview / Commentary
276-638-2929
1 East Market Street
Martinsville, VA 24112

Blue Ridge Bank is headquartered in MARTINSVILLE and is the 11th largest bank in the state of Virginia. It is also the 459th largest bank in the nation. It was established in 2000 and as of December of 2024, it had grown to 442 employees at 27 locations. Blue Ridge Bank's CD rates are 3X the national average, and it has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #35274
Year Established2000
Employees442
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD-0.21%
Return on Equity - YTD-2.36%
Annual Interest Income$160.3MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$2.72B$3.09B
LoansQ4 2024vs Q4 2023$2.12B$2.44B
DepositsQ4 2024vs Q4 2023$2.22B$2.57B
Equity CapitalQ4 2024vs Q4 2023$307.2MM$200.9MM
Loan Loss AllowanceQ4 2024vs Q4 2023$23MM$35.9MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$20.9MM$60.6MM
Real Estate OwnedQ4 2024vs Q4 2023$279K$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Blue Ridge Bank; 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.

Blue Ridge Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%*$0$100kKasasa Saver
OTHER TIERS: 0.05% $100k+
0.10%$100-Savings Account
0.10%$100-Health Savings Account
0.10%$100-Business Savings Account
0.10%$10-Youth Savings Account

Blue Ridge Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.20%*$250k*-Signature Money Market - New Money
OTHER TIERS: 3.05% $50k - $250k
2.50%$0-Golden Advantage Money Market
0.65%*$250k*-Money Market Account
OTHER TIERS: 0.25% $0 - $25k | 0.35% $25k - $50k | 0.50% $50k - $250k
0.65%*$1m*-Business Money Market Account
OTHER TIERS: 0.05% $2.5k - $5k | 0.10% $5k - $25k | 0.35% $25k - $100k | 0.50% $100k - $1m
0.15%$1k-Municipal Money Market

Blue Ridge Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.50%*$100*$15kKasasa Cash
OTHER TIERS: 0.05% $15k+
3.30%$0-NC IOLTA
3.30%$0-MD IOLTA
0.20%*$50k*-VA IOLTA
OTHER TIERS: 0.10% $0 - $50k
0.10%$500-Charitable Account
0.10%$0-Business Interest Checking
0.08%*$50k*-Golden Advantage Plus Checking
OTHER TIERS: 0.03% $0 - $2.5k | 0.05% $2.5k - $50k

Blue Ridge Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.20%$1k-5 Month CD Special
4.00%$1k-12 Months Golden Advantage Certificate Special
3.90%$1k-10 Month CD Special
3.85%$1k-15 Month CD Special
2.75%$1k-3-5 Month CD
2.75%$1k-6 Month CD
2.75%$1k-7-11 Month CD
2.50%$1k-12-17 Month CD
1.50%$1k-60 Month CD
1.50%$1k-60 Months Golden Advantage Certificate Special
1.45%$1k-48-59 Month CD
1.45%$1k-48 Month Golden Advantage Certificate Special
1.40%$1k-36-47 Month CD
1.40%$1k-36 Months Golden Advantage Certificate Special
1.35%$1k-24-35 Month CD
1.35%$1k-30 Months Golden Advantage Certificate Special
1.30%$1k-18-23 Month CD
Locations

Availability



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