First National Bank (VA)

Overview / Commentary
622 Broad Street
Altavista, VA 24517

First National Bank (VA) is headquartered in Altavista and is the 41st largest bank in the state of Virginia. It is also the 1,459th largest bank in the nation. It was established in 1908 and as of June of 2020, it had grown to 117 employees at 11 locations. First National Bank (VA) has an A health rating.

Reviews (1)


worst bank ever especially if you own a business. they will try to sell you on what they say is better treatment because they're a small bank, but in reality you're better off dealing with the big banks. my brother and i had a business that we were selling and the sale could not go through by first national's self imposed closing date. they responded by extorting $25000 from us to keep the lines of credit open another month until we could close on the sale. don't even think about using them. you'll be sorry if you do.


Health Grade Components

FDIC Certificate #6811
Year Established1908
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.67%
Return on Equity - YTD7.85%
Annual Interest Income$9.6MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$562.6MM$480.1MM
LoansQ2 2020vs Q2 2019$411.4MM$377.8MM
DepositsQ2 2020vs Q2 2019$512.1MM$432.8MM
Equity CapitalQ2 2020vs Q2 2019$45.8MM$44.2MM
Loan Loss AllowanceQ2 2020vs Q2 2019$3.5MM$3.4MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$1.6MM$1.2MM
Real Estate OwnedQ2 2020vs Q2 2019$0$749.00K
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not First National Bank (VA); 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.

First National Bank (VA) Savings Account Rates

0.10%$100-Statement Savings Account
0.10%$250-Business Savings

First National Bank (VA) Money Market Rates

0.70%*$1.5m*-Business Money Market Account
OTHER TIERS: 0.15% $2.5k - $50k | 0.25% $50k - $250k | 0.45% $250k - $500k | 0.65% $500k - $1.5m
0.30%*$100k*-Personal Money Market Checking Account
OTHER TIERS: 0.10% $2.5k - $10k | 0.15% $10k - $25k | 0.20% $25k - $50k | 0.25% $50k - $100k
0.30%*$100k*-IRA Money Market Account
OTHER TIERS: 0.10% $100 - $10k | 0.15% $10k - $25k | 0.20% $25k - $50k | 0.25% $50k - $100k
0.25%*$50k*-First Index
OTHER TIERS: 0.10% $1k - $10k | 0.15% $10k - $25k | 0.20% $25k - $50k

First National Bank (VA) Checking Account Rates

0.50%*-$30kKa-Ching! Checking
OTHER TIERS: 0.10% $30k+
0.05%$500-Interest Checking
0.05%$1k-1st Choice Club Checking
0.05%$100-Business Interest Checking

First National Bank (VA) CD Rates

0.70%$500-5 Year CD
0.65%$500-4 Year CD
0.60%$500-37 Month CD
0.55%$500-2 1/2 Year CD
0.50%$500-18 Month 1st Choice Club CD
0.50%$500-2 Year CD
0.45%$500-18 Month CD
0.40%$500-15 Month CD
0.35%$500-1 Year CD
0.30%$500-1 Year No Penalty CD
0.10%$2.5k-182 Day CD
0.05%$2.5k-91 Day CD

First National Bank (VA) IRA Rates

0.70%$100-5 Year Fixed IRA
0.70%$100-5 Year Fixed Roth IRA
0.65%$100-4 Year Fixed IRA
0.60%$100-3 Year Fixed IRA
0.50%$100-2 Year Fixed IRA
0.45%$100-18 Month Variable IRA
0.45%$100-18 Month Variable Roth IRA
0.45%$100-18 Month CESA IRA
0.35%$100-1 Year Fixed IRA
0.35%$100-1 Year Fixed Roth IRA
0.30%$100-12 Month Variable IRA

Cities: Altavista, Amherst, Forest, Lynchburg, Rustburg, Timberlake

Altavista Branches
Vista Branch1303 Main StreetAltavista, VA 24517
First National Bank622 Broad StreetAltavista, VA 24517

Amherst Branches
Amherst Branch130 South Main StreetAmherst, VA 24521

Forest Branches
Forest Branch14417 Forest RoadForest, VA 24551

Lynchburg Branches
Airport Branch14580 Wards RoadLynchburg, VA 24502
Timberlake Branch20865 Timberlake RoadLynchburg, VA 24502
Old Forest Road Branch3309 Old Forest RoadLynchburg, VA 24501
Downtown Lynchburg Branch800 Main StreetLynchburg, VA 24504

Rustburg Branches
Rustburg Branch1033 Village HighwayRustburg, VA 24588

Timberlake Branches
Odd Fellows Road Branch3401 Odd Fellows RdTimberlake, VA 24502

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.