First Community Bank (VA) is headquartered in Bluefield and is the 11th largest bank in the state of Virginia. It is also the 330th largest bank in the nation. It was established in 1920 and as of December of 2019, it had grown to 527 employees at 65 locations. First Community Bank (VA) has an A+ health rating.
I've banked with this bank for well over 10 years. They have low fees, and provide great customer service. They treat you like family, call you by your first name, and all the tellers I've dealt with are very friendly. My current checking account has no yearly fees either, which is a plus with my current finances. Definitely would recommend this bank if you don't want the coldness of the large national branches, but want some of the convenience of having branches in surrounding cities. They have a number of branches in the East Tennessee area.
I've had a very positive experience banking with First Community Bank. When my local Bank of America location became a First Community Bank location, my checking and savings accounts automatically transferred to the new bank. First Community did a great job of transferring everything with no interruptions in service. I received my new checks and checking card very quickly. I've gone into the location a few times for transactions and the employees and manager are very nice and helpful. I use the website and mobile app to check my balances, transfers, and to do online bill pay. Both the website and the app are very user friendly. I was a bit nervous about using a regional bank after being with Bank of America for so many years, but it's been a really positive experience. I highly recommend them.
I have banked with First Community Bank off and on for years. I have always been treated with respect by courteous tellers and staff members. We have about four different local banks in our home town but First Community Bank has the most options offering multiple locations and several ATM's scattered around town. We left First Community Bank a few years ago and went with Bank of America. We banked with them for years but they eventually sold part of their accounts to First Community Bank. I was very worried about how hard the crossover back to First Community Bank would be. I worried for nothing. About two weeks before the takeover went into effect, we received a thick start-up package from FCB that included all the information we needed as well as few starter checks and information on our new debit cards that we would receive in a few days. I see offers from other local banks all the time but it never crosses my mind to check into any of them.
I have savings and checking with bank, went to transfer funds on Dec 24th from savings to checking. When went to buy groceries my debit was declined. Came home checked online, and found out my own funds, were not available till after Christmas. So I have had to cancel my Christmas plans. My Christmas is ruined. They certainly process debits immediately but transfers of funds not available over Christmas. I definitely would not recommend this Bank to anyone. There is no customer service and bank is antiquated. I am leaving Bank ASAP
|FDIC Certificate #||13012|
|Return on Assets - YTD||1.69%|
|Return on Equity - YTD||11.96%|
|Annual Interest Income||$95.4MM|
|Assets and Liabilities|
|Assets||Q4 2019vs Q4 2018||$2.80B$2.24B|
|Loans||Q4 2019vs Q4 2018||$2.10B$1.76B|
|Deposits||Q4 2019vs Q4 2018||$2.35B$1.87B|
|Equity Capital||Q4 2019vs Q4 2018||$399.3MM$311.7MM|
|Loan Loss Allowance||Q4 2019vs Q4 2018||$18.4MM$18.3MM|
|Unbacked Noncurrent Loans||Q4 2019vs Q4 2018||$16.5MM$19.6MM|
|Real Estate Owned||Q4 2019vs Q4 2018||$4.0MM$3.8MM|
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
|APY||MIN||MAX||ACCOUNT NAME||VIEW DETAILS|
|0.04%*||$25k*||-||Community Money Market|
|OTHER TIERS: 0.01% → Up to $25k|