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 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.

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Health

Health Grade Components

Overall
FDIC Certificate #11578
Year Established1852
Employees850
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD-0.05%
Return on Equity - YTD-0.55%
Annual Interest Income$135.1MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$7.8B$3.57B
LoansQ2 2024vs Q2 2023$5.55B$1.98B
DepositsQ2 2024vs Q2 2023$6.66B$3.01B
Equity CapitalQ2 2024vs Q2 2023$777.2MM$286.9MM
Loan Loss AllowanceQ2 2024vs Q2 2023$68MM$25.9MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$32.8MM$2.9MM
Real Estate OwnedQ2 2024vs Q2 2023$3.3MM$0
Rates
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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.

Burke & Herbert Bank & Trust Company Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$0-Statement Savings Account
0.05%$0-Kid's Savings Account
0.05%$0-Business Savings Account

Burke & Herbert Bank & Trust Company Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.50%$0-Private Banking Super Money Market
2.80%*$1m*-Super Money Market
OTHER TIERS: 0.01% $0 - $25k | 0.10% $25k - $100k | 1.79% $100k - $250k | 2.05% $250k - $500k | 2.30% $500k - $1m
2.80%*$1m*-Business Super Money Market
OTHER TIERS: 0.01% $0 - $25k | 0.10% $25k - $100k | 1.79% $100k - $250k | 2.05% $250k - $500k | 2.30% $500k - $1m
0.05%*$100k*-Regular Money Market Account
OTHER TIERS: 0.01% $0 - $25k | 0.03% $25k - $100k
0.05%*$100k*-Business Money Market Account
OTHER TIERS: 0.01% $0 - $25k | 0.03% $25k - $100k

Burke & Herbert Bank & Trust Company Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%$0-Interest on Lawyer Trust Account (IOLTA)
0.10%$0-Private Banking Interest Checking
0.05%$25k-Non-Profit Interest Checking
0.03%*$1.5k*-Convenient Checking with Interest
OTHER TIERS: 0.01% $0 - $1.5k

Burke & Herbert Bank & Trust Company CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.64%$0-5 Month Featured CD
0.20%$500-60 Month CD
0.20%$500-36 Month CD
0.20%$500-48 Month CD
0.15%$500-24 Month CD
0.15%$500-30 Month CD
0.10%$500-12 Month CD
0.10%$500-18 Month CD
0.05%$500-6 Month CD
0.03%$500-30 Day CD
0.03%$500-60 Day CD
0.03%$500-90 Day CD

Burke & Herbert Bank & Trust Company IRA Rates

APYMINMAXACCOUNT NAMEVIEW 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
Locations

Availability



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