John Marshall Bank is headquartered in Reston and is the 16th largest bank in the state of Virginia. It is also the 541st largest bank in the nation. It was established in 2006 and as of December of 2019, it had grown to 134 employees at 8 locations. John Marshall Bank's savings rates are 44% higher than the national average, and it boasts an A+ health rating.
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Must Be Local
Per the bank you must live in VA, D.C. or MD to set up a CD
No Appreciation For Long Time Customer
I have over 5 Accounts with over $100,000 in monthly average balance. Despite being one of the first cutomers to the branch and despite being ask to become a deposit holder to the branch, when the branch was origianlly established, they have now asked me to leave because they have decided that giving "Free" checking account does not add up to their balance sheet.
Not a good way to treat a original customer. If they treat me this way, I wonder how they will treat their own employees when it's time to cut expenses and increase profit.
All the CEO's and VP's have 20+ years of experience - of making money for them. Look at their records, they build up banks to sell out to larger banks. Local Banking - it never lastes because the whole purpose of building a local banks are to grow and to sell out.
What a sham . . .
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 58243 |
| Year Established | 2006 |
| Employees | 134 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.17% |
| Return on Equity - YTD | 9.94% |
| Annual Interest Income | $69.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $1.58B$1.39B |
| Loans | Q4 2019vs Q4 2018 | $1.31B$1.15B |
| Deposits | Q4 2019vs Q4 2018 | $1.31B$1.14B |
| Equity Capital | Q4 2019vs Q4 2018 | $184.5MM$165.2MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $10.8MM$9.7MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $0$0 |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$379.00K |