Featured Savings Rates
Featured Accounts

Sonabank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
2.25%Reward CheckingKasasa Cash
1.00%Reward SavingsKasasa Saver
0.10%SavingsStatement Savings

Overview / Commentary
80474436353
307 Church Lane
Tappahannock, VA 22560

Sonabank is headquartered in Tappahannock 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 2017, it had grown to 435 employees at 49 locations. Sonabank has an A+ health rating.

Related Posts

View all posts from:


Reviews (1)

Sonabank Problems

Posted by: CRollins | Jul 12, 2016

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.



Health
A+

Health Grade Components

Overall
FDIC Certificate #57968
Year Established2005
Employees435
Primary RegulatorFED
Profit Margin
Return on Assets - YTD-0.02%
Return on Equity - YTD-0.19%
Annual Interest Income$26.7MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$2.63B$1.12B
LoansQ2 2017vs Q2 2016$2.04B$897.9MM
DepositsQ2 2017vs Q2 2016$2.03B$904.3MM
Equity CapitalQ2 2017vs Q2 2016$366.0MM$121.7MM
Loan Loss AllowanceQ2 2017vs Q2 2016$9.2MM$8.4MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$1.1MM$632.00K
Real Estate OwnedQ2 2017vs Q2 2016$8.5MM$9.4MM
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Sonabank; 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.

Sonabank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*-$25kKasasa Saver
OTHER TIERS: 0.25% $25k+
0.40%*-$5kHealth Savings Account - Individual
OTHER TIERS: 0.15% $10k+ | 0.25% $5k - $10k
0.40%*-$5kHealth Savings Account - Family
OTHER TIERS: 0.15% $10k+ | 0.25% $5k - $10k
0.10%--Statement Savings
0.10%--Business Statement Savings

Sonabank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$250k*-Business Money Market
OTHER TIERS: 0.15% Up to $25k | 0.25% $25k - $100k | 0.35% $100k - $250k

Sonabank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.25%*-$15kKasasa Cash
OTHER TIERS: 0.25% $15k+
0.40%*$10k*$74kCommunity Believers Non-Profit Checking
OTHER TIERS: 0.20% Up to $10k | 0.25% $74k+
0.40%*$100k*-Premier Club Senior Checking
OTHER TIERS: 0.25% Up to $25k | 0.35% $25k - $100k
Locations

Availability