The Bank Of Charlotte County is a bank based in Phenix, Virginia, established in 1912, with $224 million in total assets across 6 branches. By Trust Grade it ranks 6th of 56 banks we track in Virginia. Its capital ratio of 10.7% is stronger than 58% of similarly sized banks, versus a Virginia median of 10.8%. It was profitable over the most recent period, with a 1.42% return on assets. No consumer complaints against The Bank Of Charlotte County appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How The Bank Of Charlotte County compares to Virginia peers
How we graded The Bank Of Charlotte County
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (10.7% capital ratio)
- Strongly profitable (ROA 1.42%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for The Bank Of Charlotte County over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (6)
- 111 David Bruce Ave, Charlotte Court House, VA 23923
- 208 King St, Keysville, VA 23947
- 308 Lynchburg Avenue, Brookneal, VA 24528
- 4767 Drakes Main Street, Drakes Branch, VA 23937
- 514 East Atlantic Street, South Hill, VA 23970
- 101 Berkley Street, Phenix, VA 23959
Are deposits at The Bank Of Charlotte County insured?
Yes. The Bank Of Charlotte County is an FDIC-insured bank (FDIC certificate #14491). 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.
The Bank Of Charlotte County: frequently asked questions
Is The Bank Of Charlotte County a good bank?
The Bank Of Charlotte 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 (10.7% capital ratio); Strongly profitable (ROA 1.42%).
Is The Bank Of Charlotte County FDIC-insured?
Yes. The Bank Of Charlotte County is a FDIC-insured bank (FDIC certificate #14491). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is The Bank Of Charlotte County?
The Bank Of Charlotte County holds $224 million in total assets, ranking 6th of 56 banks we track in Virginia. It operates 6 branches.
Does The Bank Of Charlotte County have CFPB complaints?
No CFPB complaints against The Bank Of Charlotte 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.
