The Blue Grass Valley Bank

Overview / Commentary

540-474-2430

2583 Blue Grass Valley Road
Blue Grass, VA 24413

The Blue Grass Valley Bank is headquartered in Blue Grass and is the 63^rd largest bank in the state of Virginia. It is also the 4,451^st largest bank in the nation. It was established in 1915 and as of June of 2022, it had grown to 12 employees at 2 locations. The Blue Grass Valley Bank has a B+ health rating.

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Health

B+

Data as of Q2 2022

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. The Blue Grass Valley Bank has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #	8672
Year Established	1915
Employees	12
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.47%
Return on Equity - YTD	4.8%
Annual Interest Income	$866.00K

Assets and Liabilities
Assets	Q2 2022vs Q2 2021	$56.0MM$54.6MM
Loans	Q2 2022vs Q2 2021	$31.0MM$27.6MM
Deposits	Q2 2022vs Q2 2021	$49.4MM$49.1MM
Equity Capital	Q2 2022vs Q2 2021	$5.5MM$5.3MM
Loan Loss Allowance	Q2 2022vs Q2 2021	$542.00K$547.00K
Unbacked Noncurrent Loans	Q2 2022vs Q2 2021	$259.00K$262.00K
Real Estate Owned	Q2 2022vs Q2 2021	$0$0

Rates

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Savings
Money Market
Checking
CD
IRA

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

The Blue Grass Valley Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.65%	$100	-	Individual Retirement Account
0.10%	-	-	Christmas Club Account
0.05%	$50	-	Savings Account

The Blue Grass Valley Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.19%^*	$125k^*	-	Money Market Account
OTHER TIERS: 0.05% → $500 - $2.5k \| 0.08% → $2.5k - $10k \| 0.10% → $10k - $50k \| 0.14% → $50k - $125k

The Blue Grass Valley Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.11%^*	$15k^*	-	Investor's Checking Account
OTHER TIERS: 0.05% → $1k - $7.5k \| 0.08% → $7.5k - $15k

The Blue Grass Valley Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.52%	$25k	-	14 Month CD Special
1.51%	$500	-	60 Month CD
1.25%	$500	-	36 Month CD
1.15%	$1k	-	30 Month CD
1.00%	$1k	-	24 Month CD
0.86%	$1k	-	18 Month CD
0.82%	$1k	-	12 Month CD
0.78%	$2.5k	-	182 Day CD

The Blue Grass Valley Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.51%	$500	-	60 Month IRA
1.25%	$500	-	36 Month IRA
1.15%	$1k	-	30 Month IRA
1.00%	$1k	-	24 Month IRA
0.86%	$1k	-	18 Month IRA
0.82%	$1k	-	12 Month IRA
0.78%	$2.5k	-	182 Day IRA

Locations

The Blue Grass Valley Bank Locations
The Blue Grass Valley Bank	2583 Blue Grass Valley Rd	Blue Grass, VA 24413
Monterey Branch	East Main Street	Monterey, VA 24465

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