Clear Mountain Bank is headquartered in Bruceton Mills and is the 6th largest bank in the state of West Virginia. It is also the 1,214th largest bank in the nation. It was established in 1931 and as of December of 2018, it had grown to 152 employees at 13 locations. Clear Mountain Bank's money market rates are 36% higher than the national average, and it has an A health rating.
Simply Awesome!
Simply awesome! Easy to understand products, low fees, great service. Locally owned. What a bank should be.
Horrible Service
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.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 2443 |
| Year Established | 1931 |
| Employees | 152 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.31% |
| Return on Equity - YTD | 11.46% |
| Annual Interest Income | $26.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $603.5MM$584.2MM |
| Loans | Q4 2018vs Q4 2017 | $457.8MM$439.6MM |
| Deposits | Q4 2018vs Q4 2017 | $526.2MM$514.1MM |
| Equity Capital | Q4 2018vs Q4 2017 | $71.2MM$65.0MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $7.6MM$7.3MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $5.3MM$3.9MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $307.00K$597.00K |
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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.65%* | $5k* | - | Health Savings Account (HSA) | ||
| OTHER TIERS: 0.40% → Up to $5k | |||||
| 0.30% | $1 | - | PayDay IRA | ||
| 0.25% | $1 | - | Regular Savings Account | ||
| 0.05% | $1 | - | Christmas Club Account | ||
Clear Mountain Bank Money Market Rates
Clear Mountain Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.22% | - | - | Interest Checking Account | |
| 0.22% | - | - | Prime 50 Checking |
