Farmers & Merchants Bank Of Craig County is a bank based in New Castle, Virginia, established in 1917, with $93 million in total assets across 1 branch. By Trust Grade it ranks 23rd of 56 banks we track in Virginia. Its capital ratio of 16.6% is stronger than 78% of similarly sized banks, versus a Virginia median of 10.8%. It was profitable over the most recent period, with a 1.25% return on assets. No consumer complaints against Farmers & Merchants Bank Of Craig County appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Farmers & Merchants Bank Of Craig County compares to Virginia peers
How we graded Farmers & Merchants Bank Of Craig County
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (16.6% capital ratio)
- Strongly profitable (ROA 1.25%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Farmers & Merchants Bank Of Craig County over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 189 Main St, New Castle, VA 24127
Are deposits at Farmers & Merchants Bank Of Craig County insured?
Yes. Farmers & Merchants Bank Of Craig County is an FDIC-insured bank (FDIC certificate #9986). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Farmers & Merchants Bank Of Craig County: frequently asked questions
Is Farmers & Merchants Bank Of Craig County a good bank?
Farmers & Merchants Bank Of Craig County earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (16.6% capital ratio); Strongly profitable (ROA 1.25%).
Is Farmers & Merchants Bank Of Craig County FDIC-insured?
Yes. Farmers & Merchants Bank Of Craig County is a FDIC-insured bank (FDIC certificate #9986). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Farmers & Merchants Bank Of Craig County?
Farmers & Merchants Bank Of Craig County holds $93 million in total assets, ranking 23rd of 56 banks we track in Virginia. It operates 1 branch.
Does Farmers & Merchants Bank Of Craig County have CFPB complaints?
No CFPB complaints against Farmers & Merchants Bank Of Craig County appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
