Benchmark Community Bank
FDIC #20484
📍 Kenbridge, Virginia
Benchmark Community Bank is a commercial bank, state charter and fed member, supervised by the federal reserve (frb). established in September 8, 1971. With assets of $1.10 Billion, it operates 17 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: August 15, 2022
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
August 15, 2022
Satisfactory
April 22, 2019
Satisfactory
January 25, 2016
Satisfactory
💰 Financial Strength
Total Assets$1.10 Billion
Total Deposits$1.00 Billion
Equity Capital$95.74 Million
Net Income$12.02 Million
📈 Performance
ROA1.43%
ROE17.27%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
EstablishedSeptember 8, 1971
FDIC Cert20484
Holding CoBenchmark Bankshares Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday9:00 AM - 5:00 PM
Tuesday9:00 AM - 5:00 PM
Wednesday9:00 AM - 5:00 PM
Thursday9:00 AM - 5:00 PM
Friday9:00 AM - 5:30 PM
SaturdayClosed
SundayClosed
📜 Institutional History
2006
Name Change
Name became: Changed Institution Name To Benchmark Community Bank.
1974
Name Change
Name became: Changed Institution Name To The Lunenburg County Bank.
1974
Relocation
Moved HQ to: 100 South Broad Street, Kenbridge, VA 23944.