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Overview / Commentary
304-986-1700
11 West Main Street
Mannington, WV 26582

First Exchange Bank is headquartered in Mannington and is the 24th largest bank in the state of West Virginia. It is also the 2,559th largest bank in the nation. It was established in 1932 and as of March of 2018, it had grown to 61 employees at 6 locations. First Exchange Bank's CD rates are 2X the national average, and it has a B health rating.

Reviews (2)

Customer Service

Posted by: Anonymous | Aug 26, 2012

Great customer service.

A Wonderful, Personable Place To Bank!

Posted by: Anonymous | Nov 5, 2011

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.



Health

Health Grade Components

Overall
FDIC Certificate #13020
Year Established1932
Employees61
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.23%
Return on Equity - YTD13.14%
Annual Interest Income$2.7MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$244.8MM$228.3MM
LoansQ1 2018vs Q1 2017$209.0MM$194.1MM
DepositsQ1 2018vs Q1 2017$203.7MM$191.7MM
Equity CapitalQ1 2018vs Q1 2017$22.4MM$23.2MM
Loan Loss AllowanceQ1 2018vs Q1 2017$2.8MM$2.6MM
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$5.4MM$3.5MM
Real Estate OwnedQ1 2018vs Q1 2017$2.00K$39.00K
Rates
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First Exchange Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.10%$10k-12 Month CD Speical
1.66%$500-48 Month CD
1.60%$500-36 Month CD
1.56%$500-24 Month CD
1.23%$500-12 Month CD
0.90%$500-60 Month CD
0.90%$500-72 Month CD
0.45%$500-30 Month CD
0.35%$500-27 Month CD
0.20%$500-15 Month CD
0.15%$500-10 Month CD
0.10%$500-182 Day CD
0.05%$500-91 Day CD
Locations


First Exchange Bank Locations
First Exchange Bank11 West Main StreetMannington, WV 26582
Barrackville Branch211 Pike StreetBarrackville, WV 26559
Fairmont Branch216 Fairmont AvenueFairmont, WV 26554
3081 University Ave. Branch3081 University Ave.Morgantown, WV 26505
Fairview Branch309 Main StreetFairview, WV 26570
Hundred BranchPo Box 780 Rt 250Hundred, WV 26575

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