Select Bank (VA) is headquartered in FOREST and is the 40th largest bank in the state of Virginia. It is also the 1,829th 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.
Overall | |
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FDIC Certificate # | 58563 |
Year Established | 2007 |
Employees | 53 |
Primary Regulator | FED |
Profit Margin | |
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Return on Assets - YTD | 0.64% |
Return on Equity - YTD | 8.77% |
Annual Interest Income | $25.4MM |
Assets and Liabilities | ||
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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 |
Rates for Select Bank (VA) are currently being reviewed.
Select Bank (VA) Locations | ||
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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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