First National Bank (VA) is headquartered in ALTAVISTA and is the 29th largest bank in the state of Virginia. It is also the 994th largest bank in the nation. It was established in 1908 and as of March of 2023, it had grown to 183 employees at 19 locations. First National Bank (VA)'s money market rates are 6X the national average, and it has a B+ health rating.
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.
Overall | |
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FDIC Certificate # | 6811 |
Year Established | 1908 |
Employees | 183 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 1.13% |
Return on Equity - YTD | 16.5% |
Annual Interest Income | $9.9MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2023vs Q1 2022 | $991.9MM$1.01B |
Loans | Q1 2023vs Q1 2022 | $621.0MM$566.2MM |
Deposits | Q1 2023vs Q1 2022 | $918.7MM$941.4MM |
Equity Capital | Q1 2023vs Q1 2022 | $69.2MM$65.7MM |
Loan Loss Allowance | Q1 2023vs Q1 2022 | $4.5MM$3.7MM |
Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $1.7MM$1.3MM |
Real Estate Owned | Q1 2023vs Q1 2022 | $0$0 |
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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 |
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0.50% | - | - | Business Savings | |
0.30% | - | - | Statement Savings Account |