Featured Savings Rates
Featured Accounts

New Horizon Bank, National Association

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.66%5-year CD60 Month CD
0.50%1-year CD12 Month CD
0.25%SavingsHorizon Savings Account

Overview / Commentary
804-302-4858
2501 Anderson Highway
Powhatan, VA 23139

New Horizon Bank, National Association is headquartered in Powhatan and is the 78th largest bank in the state of Virginia. It is also the 4,801st largest bank in the nation. It was established in 2009 and as of March of 2017, it had grown to 21 employees at 1 location. New Horizon Bank, National Association has a B+ health rating.

Reviews (1)

Rock Solid Service From Very Knowledgable People And Really Good Rates On Deposits And Loans - Worth Switching To

Posted by: scmorrison | Apr 1, 2011

Enough said



Health
B+
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. New Horizon Bank, National Association has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #58857
Year Established2009
Employees21
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.23%
Return on Equity - YTD11.47%
Annual Interest Income$1.1MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$75.5MM$63.1MM
LoansQ1 2017vs Q1 2016$55.9MM$50.3MM
DepositsQ1 2017vs Q1 2016$67.3MM$55.4MM
Equity CapitalQ1 2017vs Q1 2016$8.0MM$7.6MM
Loan Loss AllowanceQ1 2017vs Q1 2016$525.00K$436.00K
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$889.00K$992.00K
Real Estate OwnedQ1 2017vs Q1 2016$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

New Horizon Bank, National Association Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*-$10kKid's Korner Savings Account
OTHER TIERS: 0.25% $10k+
0.25%*$10k*-Horizon Savings Account
OTHER TIERS: 0.10% Up to $10k

New Horizon Bank, National Association Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$50k*-Horizon Money Market Account
OTHER TIERS: 0.15% Up to $10k | 0.25% $10k - $50k
0.15%$500-Money Market IRA Account

New Horizon Bank, National Association Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$10k*-Horizon Gold 55 Cheking Account
OTHER TIERS: 0.05% Up to $10k
0.10%*$10k*-Horizon Silver Interest Checking Account
OTHER TIERS: 0.05% Up to $10k
0.10%*$10k*-Horizon Platinum Interest Checking Account
OTHER TIERS: 0.05% Up to $10k

New Horizon Bank, National Association CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.66%$500-60 Month CD
1.31%$500-36 Month CD
0.55%$500-24 Month CD
0.50%$500-12 Month CD
0.40%$500-6 Month CD
0.15%$500-90 Day CD

New Horizon Bank, National Association IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.66%$500-60 Month IRA
1.31%$500-36 Month IRA
0.55%$500-24 Month IRA
0.50%$500-12 Month IRA
0.40%$500-6 Month IRA
Locations


New Horizon Bank, National Association Locations
New Horizon Bank, National Association2501 Anderson HighwayPowhatan, VA 23139