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 65^th largest bank in the state of Virginia. It is also the 4,578^th largest bank in the nation. It was established in 1915 and as of September of 2021, 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 Q3 2021

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	0.71%
Return on Equity - YTD	7.12%
Annual Interest Income	$1.4MM

Assets and Liabilities
Assets	Q3 2021vs Q3 2020	$54.8MM$48.7MM
Loans	Q3 2021vs Q3 2020	$28.2MM$27.6MM
Deposits	Q3 2021vs Q3 2020	$49.3MM$43.3MM
Equity Capital	Q3 2021vs Q3 2020	$5.4MM$5.2MM
Loan Loss Allowance	Q3 2021vs Q3 2020	$636.00K$546.00K
Unbacked Noncurrent Loans	Q3 2021vs Q3 2020	$427.00K$944.00K
Real Estate Owned	Q3 2021vs Q3 2020	$0$123.00K

Rates

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Savings
Money Market
Checking
CD
IRA

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Always verify rates and promotions with the bank or credit union. We are not The Blue Grass Valley Bank; 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.

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
0.85%	$500	-	60 Month CD
0.50%	$500	-	36 Month CD
0.32%	$1k	-	30 Month CD
0.27%	$1k	-	24 Month CD
0.21%	$1k	-	18 Month CD
0.17%	$1k	-	12 Month CD
0.13%	$2.5k	-	182 Day CD

The Blue Grass Valley Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.85%	$500	-	60 Month IRA
0.50%	$500	-	36 Month IRA
0.32%	$1k	-	30 Month IRA
0.27%	$1k	-	24 Month IRA
0.21%	$1k	-	18 Month IRA
0.17%	$1k	-	12 Month IRA
0.13%	$2.5k	-	182 Day IRA

Locations

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

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