Burke & Herbert Bank & Trust Company is headquartered in ALEXANDRIA and is the 6th largest bank in the state of Virginia. It is also the 196th largest bank in the nation. It was established in 1852 and as of June of 2024, it had grown to 850 employees at 80 locations. Burke & Herbert Bank & Trust Company's money market rates are 6X the national average, and it has an A health rating.
Overall | |
---|---|
FDIC Certificate # | 11578 |
Year Established | 1852 |
Employees | 850 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | -0.05% |
Return on Equity - YTD | -0.55% |
Annual Interest Income | $135.1MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2024vs Q2 2023 | $7.8B$3.57B |
Loans | Q2 2024vs Q2 2023 | $5.55B$1.98B |
Deposits | Q2 2024vs Q2 2023 | $6.66B$3.01B |
Equity Capital | Q2 2024vs Q2 2023 | $777.2MM$286.9MM |
Loan Loss Allowance | Q2 2024vs Q2 2023 | $68MM$25.9MM |
Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $32.8MM$2.9MM |
Real Estate Owned | Q2 2024vs Q2 2023 | $3.3MM$0 |
Always verify rates and promotions with the bank or credit union. We are not Burke & Herbert Bank & Trust Company; 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | $0 | - | Statement Savings Account | |
0.05% | $0 | - | Kid's Savings Account | |
0.05% | $0 | - | Business Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.00% | $100 | - | 18 Month Variable IRA | |
1.00% | $100 | - | 25 Month Fixed IRA | |
1.00% | $100 | - | 36 Month Fixed IRA | |
1.00% | $100 | - | 60 Month Fixed IRA |