Reviews (1)

CD Process Overview

Posted by: klink | Jun 8, 2017

Called this AM because I could not see an on-line opening process for their CD products. A nice CSR advised me that to open E-mails are required sending forms to be printed out and returned, then wire transfers or snail mail checks sent before CD products could be obtained. As I live not far away from the branch in Charlotte I advised her that my plan was to open in person with cash and hope to leave with everything I needed to monitor the CD until maturity. The in cash at branch was acceptable. The rest was not possible. They do not let you monitor the CD accounts online nor do they send you any kind of information in regards to CD accounts. They will send you a notice of maturity at the appropriate time. Any information in regards to interest awarded or acct. balance for CD products must be obtained by telephone. All of this at 9:45 AM, 8 Jun 2017.



Health

Health Grade Components

Overall
FDIC Certificate #6653
Year Established1908
Employees1754
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.48%
Return on Equity - YTD17.82%
Annual Interest Income$222.1MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$7.71B$7.80B
LoansQ3 2018vs Q3 2017$5.56B$5.28B
DepositsQ3 2018vs Q3 2017$6.35B$6.05B
Equity CapitalQ3 2018vs Q3 2017$691.6MM$608.9MM
Loan Loss AllowanceQ3 2018vs Q3 2017$48.0MM$52.9MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$65.0MM$80.1MM
Real Estate OwnedQ3 2018vs Q3 2017$3.1MM$6.7MM
Rates
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Always verify rates and promotions with the bank or credit union. We are not NewDominion Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

NewDominion Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%*$100k*-Personal Savings
OTHER TIERS: 0.01% Up to $100k
0.05%*$100k*-Youth Savings
OTHER TIERS: 0.01% Up to $100k
0.03%--Christmas Club Savings

NewDominion Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$100k*-Personal Money Market
OTHER TIERS: 0.01% $1k - $25k | 0.20% $25k - $100k

NewDominion Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%$2.5k-Advantage Checking
Locations


NewDominion Bank Locations
Mooresville Office124 Trade Court, Suite AMooresville, NC 28117
Newdominion Office1111 Metropolitan AvenueCharlotte, NC 28204

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