First Exchange Bank is headquartered in WHITE HALL and is the 19th largest bank in the state of West Virginia. It is also the 2,265th largest bank in the nation. It was established in 1932 and as of June of 2023, it had grown to 64 employees at 7 locations. First Exchange Bank's CD rates are 6X the national average, and it has a B health rating.
First Exchange Bank (Hundred office) has been our bank for the past 12+ years. While we have dealt with other banks in the past, we find First Exchange Bank meets all our needs, both personal and for our business. Most importantly to us, it is a local bank, and the employees treat us (and their other customers) like "one of the family." They have repeatedly bent over backwards to meet our needs, while always having a smile and a first name greeting of their customers every time I go to the bank.
Overall | |
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FDIC Certificate # | 13020 |
Year Established | 1932 |
Employees | 64 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.27% |
Return on Equity - YTD | 15.53% |
Annual Interest Income | $7.3MM |
Assets and Liabilities | ||
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Assets | Q2 2023vs Q2 2022 | $339.0MM$320.0MM |
Loans | Q2 2023vs Q2 2022 | $276.1MM$245.3MM |
Deposits | Q2 2023vs Q2 2022 | $288.6MM$291.4MM |
Equity Capital | Q2 2023vs Q2 2022 | $27.3MM$26.5MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $5.1MM$5.3MM |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $6.3MM$7.1MM |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$85.00K |
Always verify rates and promotions with the bank or credit union. We are not First Exchange Bank; we are a rate comparison website and cannot provide official rates or promotions.
First Exchange Bank Locations | ||
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First Exchange Bank | 1 Heritage Way | White Hall, WV 26554 |
Fairmont Branch | 216 Fairmont Avenue | Fairmont, WV 26554 |
3081 University Ave. Branch | 3051 University Ave. | Morgantown, WV 26505 |
Fairview Branch | 309 Main Street | Fairview, WV 26570 |
Hundred Branch | 3128 Hornet Hwy | Hundred, WV 26575 |
West Main Street | 11 West Main Street | Mannington, WV 26582 |
Pierpont Landing Branch | 1000 Mid Atlantic Drive | Morgantown, WV 26508 |