Clear Mountain Bank
FDIC #2443
📍 Bruceton Mills, West Virginia
Clear Mountain Bank is a commercial bank, state charter and fed member, supervised by the federal reserve (frb). established in 01/01/1931. With assets of $927.65 Million, it operates 11 domestic branches.
Customer Reviews
1 ★
Based on 1 ratings
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★☆☆☆☆ Jason B
April 16, 2020
0 1 wouldn't even give it 1 [-] after 15 years of banking here we [-]'t had trouble until past couple months and in a very hard time of need they won't deposit our check because of [-] expired ID knowing people can't get any of this stuff because they are shut down very sad because we direly need
Community Reinvestment Act (CRA) Rating
Latest Exam: June 5, 2023
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
June 5, 2023
Satisfactory
October 7, 2019
Satisfactory
September 26, 2016
Satisfactory
💰 Financial Strength
Total Assets$927.65 Million
Total Deposits$779.13 Million
Equity Capital$79.64 Million
Net Income$6.78 Million
📈 Performance
ROA0.99%
ROE10.96%
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.
📞 Contact & Location
Address160 Morgantown St
Bruceton Mills, West Virginia 26525
Bruceton Mills, West Virginia 26525
OnlineVisit Website
📋 Corporate Structure
Established01/01/1931
FDIC Cert2443
Holding CoState Bcorp Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeJanuary 10, 2024
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:00 AM - 4:30 PM
Tuesday8:00 AM - 4:30 PM
Wednesday8:00 AM - 4:30 PM
Thursday8:00 AM - 4:30 PM
Friday8:00 AM - 4:30 PM
SaturdayClosed
SundayClosed
📜 Institutional History
2014
Relocation
Moved HQ to: 160 Morgantown St, Bruceton Mills, WV 26525.
2006
Name Change
Name became: Changed Institution Name To Clear Mountain Bank.
2006
Merger / Acquisition
Acquired: The Terra Alta Bank
2005
Relocation
Moved HQ to: Morgantown St., Bruceton Mills, WV 26525.
1995
Relocation
Moved HQ to: Main Street, Bruceton Mills, WV 26525.