Ohio Valley Bank is headquartered in Gallipolis and is the 23rd largest bank in the state of Ohio. It is also the 779th largest bank in the nation. It was established in 1872 and as of September of 2019, it had grown to 264 employees at 16 locations. Ohio Valley Bank's money market rates are 3X the national average, and it has an A health rating.
Good Customer Service and Hometown Investment
My experience with Ohio Valley Bank has been very positive. I opened a RightStart checking account with them before I began college, and they have been very gracious with their service and help over the past few years. I have never been able to maintain more than a few thousand at a time in the account, due to my occupation as a student, but the bank has a very reasonable policy and doesn't charge fees on a low balance (a positive for a college junior with $10,000's in student debt). In addition, every time I visit, they are a bright and cheery face and make me feel welcomed and important to them. Attending college across the country, it would be easy to grow detached and cold towards a relatively low-investing client, but they have been very faithful to provide me with whatever resources I need. I fully intend to continue banking with them as I continue into medical school and into my career as a physician (a decision which will prove beneficial to them I hope).
Data as of Q3 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 384 |
| Year Established | 1872 |
| Employees | 264 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.75% |
| Return on Equity - YTD | 6.5% |
| Annual Interest Income | $35.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $1.03B$1.02B |
| Loans | Q3 2019vs Q3 2018 | $763.8MM$763.5MM |
| Deposits | Q3 2019vs Q3 2018 | $861.7MM$857.6MM |
| Equity Capital | Q3 2019vs Q3 2018 | $120.4MM$110.7MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $5.8MM$8.0MM |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $9.1MM$10.7MM |
| Real Estate Owned | Q3 2019vs Q3 2018 | $128.00K$1.3MM |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Ohio Valley Bank Savings Account Rates
Ohio Valley Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.20% | $10k | - | Prime Investment Money Market |
Ohio Valley Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | - | - | Earnie Now |
