Clear Mountain Bank


Overview / Commentary
304-379-2265
160 Morgantown St
Bruceton Mills, WV 26525

Clear Mountain Bank is headquartered in Bruceton Mills and is the 5th largest bank in the state of West Virginia. It is also the 1,112th largest bank in the nation. It was established in 1931 and as of December of 2021, it had grown to 156 employees at 10 locations. Clear Mountain Bank has an A+ health rating.

Reviews (2)

Simply Awesome!

Posted by: |

Simply awesome! Easy to understand products, low fees, great service. Locally owned. What a bank should be.

Horrible Service

Posted by: |

Rates are very attractive, but their customer service is terrible. We've been approved for a loan for over three months. Every time we get close to closing they need some other esoteric paper work. The bank officer won't return calls, won't give us straight answers, and we have to go through a third party with connections in the bank to get them to return messages. Do not use this bank unless you have plenty of time to waste and enjoy frustration.



Health
A+

Health Grade Components

Overall
FDIC Certificate #2443
Year Established1931
Employees156
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.37%
Return on Equity - YTD11.87%
Annual Interest Income$31.1MM
Assets and Liabilities
AssetsQ4 2021vs Q4 2020$873.4MM$767.2MM
LoansQ4 2021vs Q4 2020$535.9MM$538.4MM
DepositsQ4 2021vs Q4 2020$770.1MM$669.7MM
Equity CapitalQ4 2021vs Q4 2020$98.5MM$92.3MM
Loan Loss AllowanceQ4 2021vs Q4 2020$9.7MM$9.5MM
Unbacked Noncurrent LoansQ4 2021vs Q4 2020$2.0MM$3.2MM
Real Estate OwnedQ4 2021vs Q4 2020$85.00K$110.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not Clear Mountain 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.

Clear Mountain Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$5k*-Health Savings Account (HSA)
OTHER TIERS: 0.30% Up to $5k
0.08%$1-PayDay IRA
0.05%$1-Regular Savings Account
0.05%$1-Christmas Club Account

Clear Mountain Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.07%*$100k*-Money Market Deposit Accounts
OTHER TIERS: 0.03% Up to $1k | 0.04% $1k - $25k | 0.05% $25k - $100k
0.07%*$100k*-Investor Money Market Deposit Accounts
OTHER TIERS: 0.03% Up to $10k | 0.04% $10k - $25k | 0.05% $25k - $100k

Clear Mountain Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.03%--Interest Checking Account
0.03%--Prime 50 Checking

Clear Mountain Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.45%$500-84 Month CD
0.45%$500-96 Month CD
0.30%$500-60 Month CD
0.25%$500-48 Month CD
0.20%$500-36 Month CD
0.20%$1k-36 Month Freedom CD
0.15%$500-30 Month CD
0.12%$500-24 Month CD
0.10%$1k-12 Month CD
0.10%$500-18 Month CD
0.07%$1k-182 Day CD
0.05%$1k-91 Day CD
0.04%$1k-31 Day CD
0.03%$1k-7 Day CD

Clear Mountain Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.30%$1-18 Month Variable IRA
0.30%$500-60 Month Fixed IRA
0.25%$500-48 Month Fixed IRA
0.20%$500-36 Month Fixed IRA
0.15%$500-30 Month Fixed IRA
0.12%$500-24 Month Fixed IRA
0.10%$1k-12 Month Fixed IRA
0.10%$500-18 Month Fixed IRA
Locations


Cities: Bridgeport, Bruceton Mills, Kingwood, Morgantown, Oakland, Reedsville, Rowlesburg, Terra Alta

Bridgeport Branches
Bridgeport Office Branch15 Sweetbrier LaneBridgeport, WV 26330

Bruceton Mills Branches
Clear Mountain Bank160 Morgantown StBruceton Mills, WV 26525

Kingwood Branches
Kingwood Office330 East Main StreetKingwood, WV 26537

Morgantown Branches
Glenmark Centre102 Venture Dr., Suite 1Morgantown, WV 26508
Suncrest Office Branch1085 Van Voorhis, Suite 150Morgantown, WV 26505
Sabraton Branch Kroger Store1851 Earl Core Rd.Morgantown, WV 26505

Oakland Branches
Oakland Branch12730 Garrett HighwayOakland, MD 21550

Reedsville Branches
Reedsville Office115 North Robert Stone WayReedsville, WV 26547

Rowlesburg Branches
Rowlesburg Branch30 East Main StreetRowlesburg, WV 26425

Terra Alta Branches
The Terra Alta Bank Branch1101 East State StreetTerra Alta, WV 26764

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