$4.2 BTotal Annual Compensation & Benefits
$92,929Average Total Compensation & Benefits
71Banks Headquartered in State
Virginia's Fauquier Bank uses the power of video to remind customers that they are still there for them during the COVID-19 pandemic. Photos of bank staff working remotely and branch employees practicing social distancing emphasize humor and teamwork, two qualities that help the bank's employees stay positive. The video also reminds customers about the bank's online and mobile services.
Source: Estimates based on ABA 2019/2020 survey data
$13.8 BSmall Business Loans Outstanding
$23.5 BNew Home Loans Booked in 2018
81,591Number of New Home Loans in 2018
$195,000Median New Home Loan Size in 2018
$1.8 BSmall Farm Loans Outstanding
Berlin, Maryland’s Taylor Bank helped its small business customer, Eastern Shore Rural Health, secure a Paycheck Protection Program loan for $3 million to help support the health center’s 300+ employees who work in nearby Virginia.
Source: Estimates based on ABA 2019/2020 survey data, HMDA
6.8 MTotal Customers
1.1 MSmall Business
58.7 KSmall Farm
121Banks Operating Branches
2,224Branches & Offices
City National Bank’s Raphine, Virginia, branch, which serves a small rural town, created a temporary drive-thru since the building does not have one. This creative approach allowed the bank to safely meet customers’ needs during the COVID-19 pandemic.More stories on Serving Customers
Source: Estimates based on ABA 2019/2020 survey data, FDIC branch deposit data
274 KVolunteer hours
$77.2 MCommunity Donations
For every VA loan closed, Virginia's Freedom Bank makes a contribution to Veterans Moving Forward, an organization that provides service dogs and canine therapy to veterans with physical and/or mental health challenges.More stories on Giving Back
Source: Estimates based on ABA 2019/2020 survey data. Does not include individual employee donations.