John Marshall Bank is headquartered in Reston and is the 15th largest bank in the state of Virginia. It is also the 483rd largest bank in the nation. It was established in 2006 and as of June of 2022, it had grown to 144 employees at 8 locations. John Marshall Bank's CD rates are 3X the national average, and it boasts an A+ health rating.
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 . . .
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 58243 |
| Year Established | 2006 |
| Employees | 144 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.51% |
| Return on Equity - YTD | 14.72% |
| Annual Interest Income | $39.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $2.31B$2.06B |
| Loans | Q2 2022vs Q2 2021 | $1.67B$1.55B |
| Deposits | Q2 2022vs Q2 2021 | $2.07B$1.82B |
| Equity Capital | Q2 2022vs Q2 2021 | $228.6MM$218.1MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $20.0MM$19.4MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $0$0 |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |