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 70^th largest bank in the state of Virginia. It is also the 4,827^th largest bank in the nation. It was established in 1915 and as of December of 2019, it had grown to 11 employees at 2 locations. The Blue Grass Valley Bank's money market rates are 36% higher than the national average, and it has a B health rating.

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Health

Data as of Q4 2019

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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 low asset base.

Health Grade Components

Overall
FDIC Certificate #	8672
Year Established	1915
Employees	11
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.56%
Return on Equity - YTD	5.08%
Annual Interest Income	$1.8MM

Assets and Liabilities
Assets	Q4 2019vs Q4 2018	$45.3MM$45.5MM
Loans	Q4 2019vs Q4 2018	$28.1MM$27.6MM
Deposits	Q4 2019vs Q4 2018	$40.1MM$40.5MM
Equity Capital	Q4 2019vs Q4 2018	$5.0MM$4.8MM
Loan Loss Allowance	Q4 2019vs Q4 2018	$510.00K$558.00K
Unbacked Noncurrent Loans	Q4 2019vs Q4 2018	$507.00K$1.8MM
Real Estate Owned	Q4 2019vs Q4 2018	$123.00K$269.00K

Rates

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Savings
Money Market
Checking
CD

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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
1.15%	$100	-	Individual Retirement Account
0.50%	$1	-	Christmas Club Account
0.15%	$50	-	Savings Account

The Blue Grass Valley Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.60%^*	$125k^*	-	Money Market Account
OTHER TIERS: 0.15% → $500 - $2.5k \| 0.25% → $2.5k - $10k \| 0.35% → $10k - $50k \| 0.45% → $50k - $125k

The Blue Grass Valley Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.15%^*	$15k^*	-	Investor's Checking Account
OTHER TIERS: 0.05% → $1k - $7.5k \| 0.10% → $7.5k - $15k

The Blue Grass Valley Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.65%	$500	-	60 Month CD
0.50%	$500	-	36 Month CD
0.45%	$1k	-	30 Month CD
0.40%	$1k	-	24 Month CD
0.35%	$1k	-	18 Month CD
0.30%	$1k	-	12 Month CD
0.25%	$2.5k	-	182 Day CD

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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