Sonabank
Sonabank is headquartered in Glen Allen and is the 12th largest bank in the state of Virginia. It is also the 340th largest bank in the nation. It was established in 2005 and as of June of 2018, it had grown to 396 employees at 48 locations. Sonabank has a B+ health rating.
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Sonabank Hack!!!!!
looks like sonabank got hacked!!!! now there's a lawsuit? check this out
fairpay4all.com/sonabank-data-breach
Sonabank Problems
This bank is probably ripe for an audit from state and federal regulators, the FBI and the IRS. The problems I have had with them are serious and their arrogance is alarming. I am of the opinion that they do not play by the rules and I hope that some agency notices - sooner rather than later.
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57968 |
| Year Established | 2005 |
| Employees | 396 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.41% |
| Return on Equity - YTD | 10.02% |
| Annual Interest Income | $57.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $2.73B$2.63B |
| Loans | Q2 2018vs Q2 2017 | $2.14B$2.04B |
| Deposits | Q2 2018vs Q2 2017 | $1.99B$2.03B |
| Equity Capital | Q2 2018vs Q2 2017 | $381.6MM$368.3MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $11.0MM$9.2MM |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $1.3MM$1.1MM |
| Real Estate Owned | Q2 2018vs Q2 2017 | $5.6MM$8.5MM |
This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.
Kasasa Checking Amt Increase From 10K To 25K
https://www.sonabank.com/personal/personal-checking/free-kasasa-cash.html
Rates for Sonabank are currently being reviewed.
