Skyline National Bank
FDIC #6861
📍 Independence, Virginia
Skyline National Bank is a commercial bank, national (federal) charter and fed member, supervised by the occ. established in 10/06/1900. With assets of $1.02 Billion, it operates 28 domestic branches.
Customer Reviews
3 ★
Based on 2 ratings
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★☆☆☆☆ Charles D
September 01, 2022
Not [-] with customer service
★★★★★ Kimberly R
July 22, 2021
Cant even get someone on [-] phone to schedule appt. to [-] [-] account. Hillsville VA has a busy signal that has been buzzing since 9:30 a m today.
Community Reinvestment Act (CRA) Rating
Latest Exam: August 22, 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 22, 2022
Outstanding
July 8, 2019
Satisfactory
April 18, 2016
Outstanding
💰 Financial Strength
Total Assets$1.02 Billion
Total Deposits$908.15 Million
Equity Capital$74.36 Million
Net Income$7.74 Million
📈 Performance
ROA1.02%
ROE13.78%
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
Established10/06/1900
FDIC Cert6861
Holding CoSkyline Bankshares Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredNo
📜 Institutional History
2018
Merger / Acquisition
Acquired: Great State Bank
2018
Name Change
Name became: Changed Institution Name To Skyline National Bank.
2016
Merger / Acquisition
Acquired: Bank Of Floyd
2006
Name Change
Name became: Changed Institution Name To Grayson National Bank.
2006
Relocation
Moved HQ to: 113 West Main Street, Independence, VA 24348.