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Overview / Commentary
757-306-4112
641 Lynnhaven Parkway
Virginia Beach, VA 23452

Xenith Bank (VA) is headquartered in Virginia Beach and is the 12th largest bank in the state of Virginia. It is also the 382nd largest bank in the nation. It was established in 1987 and as of June of 2016, it had grown to 504 employees at 36 locations. Xenith Bank (VA) has an A+ health rating.

Related Posts

Bank of Hampton Roads Offers New Online eSavings Account - 1/28/2016

Bank of Hampton Roads (VA,NC,MD) has a new eSavings account (1.06% APY) that is only available online. Minimum opening deposit is $100, with a balance cap of $250K.

1.06% Esavings Account - 1/27/2016

Now offers 1.06% APY via an eSavings account: Bank of Hampton Roads/Gateway Bank No minimum balance requirement (must maintain $0.01 to remain open)$100 deposit to open account with a $250,000 maximum

1.07% Money Market Acct - 10/27/2015

Get 1.07% Money Market rate with $25k in new balances. https://www.bankofhamptonroads.co...ketFall.pd

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Reviews (3)

Offering New .8% Money Market Account

Posted by: Sperry8 | Nov 4, 2013

The bank is now offering a new .8% money market account for deposits over $25k. http://www.bankofhamptonroads.com/pdf/BHR%20Money%20Market%20Flyer%20FINAL%20No%20Bleeds.pdf

Beware - Check Your Statements

Posted by: smbiz757 | Jul 6, 2015

Check your statements carefully! Bank of Hampton Roads has made changes that may cost you more money. They will not tell you about it "because it is not required by law", according to a Bank of Hampton Roads representative. In addition, cash deposits through the atm do not post to your account until someone goes outside to get the deposits, which I was told could be after 3 pm the next business day. The banks are closed on Saturdays.

First Hand

Posted by: disloyal | Oct 20, 2011

Having worked at this bank for four years, I have first hand experience with its inner workings. Trying to take over Gateway and Shore Bank-- I think we all know that was a big mistake. I mean, they couldn't even afford the raises promised to their employees after that. Then Jack Gibson is forced out... Embarrassing to say the least... In fact, all of their former "head honchos" are gone... Stocks have plummeted... Things are falling apart left and right. Not only do the high and mighty ones at corporate headquarters mistreat their employees, but the customers are allowed to curse at employees, say crude and vile things to employees, inappropriately touch employees, you name it-- it has probably happened. If you can't make your employees stick around, you certainly cannot make customers stick around. BoHR's fees are high, and their rates are lousy. It would be wise to take your money to a more stable institution.



Health
A+

Health Grade Components

Overall
FDIC Certificate #27125
Year Established1987
Employees504
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.55%
Return on Equity - YTD3.58%
Annual Interest Income$36.3MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$2.10B$1.61B
LoansQ2 2016vs Q2 2015$1.60B$1.27B
DepositsQ2 2016vs Q2 2015$1.66B$1.35B
Equity CapitalQ2 2016vs Q2 2015$320.5MM$186.1MM
Loan Loss AllowanceQ2 2016vs Q2 2015$22.9MM$24.8MM
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$29.9MM$38.2MM
Real Estate OwnedQ2 2016vs Q2 2015$4.1MM$11.0MM
Rates

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Locations

Xenith Bank (VA) has 41 locations. Click to view all Xenith Bank (VA) locations.