Select Bank (VA)

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

4.30%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Member FDIC

4.20%

Our Rating

3.6 / 5

Jenius Bank

Jenius Savings Account

See Offer

Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC

Member FDIC

4.36%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

3.60%

Our Rating

4.2 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

myselectbank.com

434-455-1700

211 Gristmill Drive
Forest, VA 24551

Select Bank (VA) is headquartered in FOREST and is the 40^th largest bank in the state of Virginia. It is also the 1,829^th largest bank in the nation. It was established in 2007 and as of December of 2024, it had grown to 53 employees at 6 locations. Select Bank (VA) has a B+ health rating.

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Health

B+

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	58563
Year Established	2007
Employees	53
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	0.64%
Return on Equity - YTD	8.77%
Annual Interest Income	$25.4MM

Assets and Liabilities
Assets	Q4 2024vs Q4 2023	$483.4MM$470.4MM
Loans	Q4 2024vs Q4 2023	$411.7MM$383.1MM
Deposits	Q4 2024vs Q4 2023	$433.8MM$435MM
Equity Capital	Q4 2024vs Q4 2023	$34.9MM$33.6MM
Loan Loss Allowance	Q4 2024vs Q4 2023	$3.3MM$3MM
Unbacked Noncurrent Loans	Q4 2024vs Q4 2023	$1.7MM$2.2MM
Real Estate Owned	Q4 2024vs Q4 2023	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

4.30%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Member FDIC

4.20%

Our Rating

3.6 / 5

Jenius Bank

Jenius Savings Account

See Offer

Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

4.36%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

3.60%

Our Rating

4.2 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Rates for Select Bank (VA) are currently being reviewed.

Locations

Select Bank (VA) Locations
Select Bank	211 Gristmill Dr	Forest, VA 24551
Timberlake Office Branch	7113 Timberlake Road	Lynchburg, VA 24502
Bedford Office Branch	1387 American Way Court	Bedford, VA 24523
Boonsboro Office Branch	4925 Boonsboro Rd	Lynchburg, VA 24503
Staunton Office Branch	1111 Greenville Ave	Staunton, VA 24401
Huffman Mill Road Burlington Branch	166 Huffman Mill Road	Burlington, NC 27215

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