Burke & Herbert Bank & Trust Company


Overview / Commentary
703-684-1655
100 South Fairfax Street
Alexandria, VA 22314

Burke & Herbert Bank & Trust Company is headquartered in Alexandria and is the 10th largest bank in the state of Virginia. It is also the 323rd largest bank in the nation. It was established in 1852 and as of September of 2020, it had grown to 411 employees at 24 locations. Burke & Herbert Bank & Trust Company has an A+ health rating.

Excellent Security Procedures

Posted by: |

They do a great job securing my accounts from Bozo scammers.

Free Checking and ATM's!

It's a no wonder this bank has been around since 1852. Loyal customers can expect free checking and ATM reimbursements and well as discounts from local merchants. Online and mobile banking is simple yet secure. But, their shining star is their exemplary customer service. While out of town, I discovered my debit card was breached and my checking account drained. Not being able to make it to a branch, the restoration of funds was handled swiftly over the phone and with a quick fax of an affidavit. I was assisted by extremely polite and competent personnel.

Oldest bank in Virginia

This bank is a local bank that has been serving people for many generations in the Northern Virginia area as it is Virginia's oldest bank. Its really unique and quite cool as it is owned and operated by members of the Burke and Herbert families since the 1800's. They offer superb customer service and an old fashioned approach to banking without omitting the convenience of modern technology and all that it has to offer. Using this bank makes me feel like a part of a family that I can trust.

Dissapointment

Posted by: |

I was Charged $35 twice per day and against your 12 hours depositing the funds back policy for a overdraft fee to be assessed....and your customer service telling me it should be done before 5pm....simply shameful!

VIEW MORE REVIEWS

Health
A+

Health Grade Components

Overall
FDIC Certificate #11578
Year Established1852
Employees411
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.73%
Return on Equity - YTD6.4%
Annual Interest Income$76.9MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$3.36B$2.92B
LoansQ3 2020vs Q3 2019$1.94B$1.87B
DepositsQ3 2020vs Q3 2019$2.72B$2.42B
Equity CapitalQ3 2020vs Q3 2019$374.3MM$360.6MM
Loan Loss AllowanceQ3 2020vs Q3 2019$32.7MM$18.2MM
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$8.5MM$9.1MM
Real Estate OwnedQ3 2020vs Q3 2019$0$338.00K
Rates

Rates for Burke & Herbert Bank & Trust Company are currently being reviewed.

Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.