The National Bank Of Blacksburg
FDIC #6821
📍 Blacksburg, Virginia
The National Bank Of Blacksburg is a commercial bank, national (federal) charter and fed member, supervised by the occ. established in 01/01/1891. With assets of $1.59 Billion, it operates 28 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: February 26, 2024
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
February 26, 2024
Satisfactory
January 25, 2021
Satisfactory
January 29, 2018
Satisfactory
💰 Financial Strength
Total Assets$1.59 Billion
Total Deposits$1.47 Billion
Equity Capital$109.48 Million
Net Income$12.62 Million
📈 Performance
ROA1.03%
ROE14.78%
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
Established01/01/1891
FDIC Cert6821
Holding CoNational Bankshares Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredNo
🕰️ 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 - 5:00 PM
SaturdayClosed
SundayClosed
📜 Institutional History
2006
Merger / Acquisition
Acquired: Bank Of Tazewell County
1986
Relocation
Moved HQ to: 100 South Main Street, Blacksburg, VA 24060.