New Horizon Bank, National Association

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
1.66%	5-year CD	60 Month CD 2.50% - Ally Bank High Yield 5 Year CD
1.26%	1-year CD	12 Month CD 2.10% - Goldman Sachs Bank USA High-yield 12 Month CD
0.25%	Savings	Horizon Savings Account 1.30% - Nationwide Bank Online Savings Account

View all New Horizon Bank, National Association rates »

Overview / Commentary

www.newhorizonbank.com

804-302-4858

2501 Anderson Highway
Powhatan, VA 23139

New Horizon Bank, National Association is headquartered in Powhatan and is the 73^rd largest bank in the state of Virginia. It is also the 4,673^rd largest bank in the nation. It was established in 2009 and as of December of 2017, it had grown to 21 employees at 1 location. New Horizon Bank, National Association's CD rates are 40% higher than the national average, and it has a B+ health rating.

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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

Comment

1

Health

B+

Data as of Q4 2017

Learn why bank health matters

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 Established	2009
Employees	21
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	0.75%
Return on Equity - YTD	6.99%
Annual Interest Income	$4.0MM

Assets and Liabilities
Assets	Q4 2017vs Q4 2016	$76.3MM$72.4MM
Loans	Q4 2017vs Q4 2016	$62.3MM$58.8MM
Deposits	Q4 2017vs Q4 2016	$67.5MM$64.4MM
Equity Capital	Q4 2017vs Q4 2016	$8.4MM$7.8MM
Loan Loss Allowance	Q4 2017vs Q4 2016	$572.00K$525.00K
Unbacked Noncurrent Loans	Q4 2017vs Q4 2016	$1.1MM$946.00K
Real Estate Owned	Q4 2017vs Q4 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

APY	MIN	MAX	ACCOUNT NAME
1.00%^*	-	$10k	Kid'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

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME
1.66%	$500	-	60 Month CD
1.31%	$500	-	36 Month CD
1.26%	$500	-	12 Month CD
1.26%	$500	-	24 Month CD
0.40%	$500	-	6 Month CD
0.15%	$500	-	90 Day CD

New Horizon Bank, National Association IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.66%	$500	-	60 Month IRA
1.31%	$500	-	36 Month IRA
1.26%	$500	-	12 Month IRA
1.26%	$500	-	24 Month IRA
0.40%	$500	-	6 Month IRA

Locations

New Horizon Bank, National Association Locations
New Horizon Bank, National Association	2501 Anderson Highway	Powhatan, VA 23139

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