Burke & Herbert Bank & Trust Company

Overview / Commentary
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 320th largest bank in the nation. It was established in 1852 and as of June of 2019, it had grown to 485 employees at 25 locations. Burke & Herbert Bank & Trust Company's money market rates are 4X the national average, and it has an A health rating.

Excellent Security Procedures

Posted by: Bobhagen | May 16, 2019

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.


Posted by: bekbez | Apr 17, 2019

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!



Health Grade Components

FDIC Certificate #11578
Year Established1852
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.93%
Return on Equity - YTD7.86%
Annual Interest Income$56.4MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$2.94B$3.06B
LoansQ2 2019vs Q2 2018$1.86B$1.87B
DepositsQ2 2019vs Q2 2018$2.40B$2.33B
Equity CapitalQ2 2019vs Q2 2018$359.1MM$340.4MM
Loan Loss AllowanceQ2 2019vs Q2 2018$18.0MM$16.8MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$9.7MM$10.8MM
Real Estate OwnedQ2 2019vs Q2 2018$338.00K$338.00K
Report an Issue

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

0.05%--Statement Savings Account
0.05%--Kid's Savings Account
0.05%--Business Savings Account

Burke & Herbert Bank & Trust Company Money Market Rates

1.75%*$1m*-Super Money Market
OTHER TIERS: 0.10% Up to $25k | 0.75% $25k - $100k | 1.30% $100k - $250k | 1.40% $250k - $500k | 1.50% $500k - $1m
1.75%*$1m*-Business Super Money Market
OTHER TIERS: 0.10% Up to $25k | 0.75% $25k - $100k | 1.30% $100k - $250k | 1.40% $250k - $500k | 1.50% $500k - $1m
0.45%*$500k*-Premium Money Market Account
OTHER TIERS: 0.10% Up to $25k | 0.15% $25k - $100k | 0.30% $100k - $250k | 0.40% $250k - $500k
0.45%*$500k*-Business Premium Money Market Account
OTHER TIERS: 0.10% Up to $25k | 0.15% $25k - $100k | 0.30% $100k - $250k | 0.40% $250k - $500k
0.25%*$100k*-Regular Money Market Account
OTHER TIERS: 0.05% Up to $2.5k | 0.10% $2.5k - $25k | 0.15% $25k - $100k
0.25%*$100k*-Business Money Market Account
OTHER TIERS: 0.05% Up to $2.5k | 0.10% $2.5k - $25k | 0.15% $25k - $100k

Burke & Herbert Bank & Trust Company Checking Account Rates

0.20%--Interest on Lawyer Trust Account (IOLTA)
0.15%$25k-Non-Profit Interest Checking
0.05%--Interest Checking Account

Burke & Herbert Bank & Trust Company CD Rates

1.75%$1k-7 Month Featured CD
1.10%$500-60 Month CD
1.10%$100k-60 Month Jumbo CD
1.00%*$25k*-30 Month Stepped Featured CD
OTHER TIERS: 0.40% $500 - $10k | 0.75% $10k - $25k
0.90%$100k-48 Month Jumbo CD
0.90%$500-48 Month CD
0.80%$500-36 Month CD
0.80%$100k-36 Month Jumbo CD
0.80%$500-35 Month Bump Up Featured CD
0.60%$500-24 Month CD
0.60%$500-30 Month CD
0.60%$500-25 Month Bump Up Featured CD
0.60%$100k-30 Month Jumbo CD
0.60%$100k-24 Month Jumbo CD
0.55%$500-18 Month CD
0.55%$100k-18 Month Jumbo CD
0.50%$500-12 Month CD
0.50%$100k-12 Month Jumbo CD
0.35%$500-6 Month CD
0.35%$100k-6 Month Jumbo CD
0.25%$500-30 Day CD
0.25%$500-60 Day CD
0.25%$500-90 Day CD
0.25%$100k-30 Day Jumbo CD
0.25%$100k-60 Day Jumbo CD
0.25%$100k-90 Day Jumbo CD

Burke & Herbert Bank & Trust Company IRA Rates

1.10%$100-60 Month Fixed IRA
1.00%$100-36 Month Fixed IRA
0.60%$100-25 Month Fixed IRA
0.55%$100-18 Month Variable IRA


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.