New Peoples Bank, Inc. is a bank based in Honaker, Virginia, established in 1998, with $940 million in total assets across 19 branches. By Trust Grade it ranks 12th of 56 banks we track in Virginia. Its capital ratio of 10.0% trails most similarly sized banks (48th percentile), versus a Virginia median of 10.8%. It was profitable over the most recent period, with a 1.40% return on assets. No consumer complaints against New Peoples Bank, Inc. appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How New Peoples Bank, Inc. compares to Virginia peers
How we graded New Peoples Bank, Inc.
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (10.0% capital ratio)
- Strongly profitable (ROA 1.40%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for New Peoples Bank, Inc. over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (19)
- 87 Miners Dr, Castlewood, VA 24224
- 1421 East Main Street, Lebanon, VA 24266
- 111 Haysi Main, Haysi, VA 24256
- 12602 Governor G C Peery Hwy, Pounding Mill, VA 24637
- 663 East Jackson St, Gate City, VA 24251
- 198 Colley Shopping Ctr, Clintwood, VA 24228
- 1221 Stafford Dr, Princeton, WV 24740
- 20487 Riverside Dr, Grundy, VA 24614
- 127 Chamber Dr, Tazewell, VA 24651
- 350 W Main St, Abingdon, VA 24210
- 514 Commerce Dr, Bluefield, VA 24605
- 5448 Wise Norton Rd, Norton, VA 24273
- 67 Commerce Dr, Honaker, VA 24260
- 15050 Lee Hwy, Bristol, VA 24202
- 180 Lyle Way, Princeton, WV 24740
- 53 Commerce Dr, Honaker, VA 24260
- 1999 E Stone Dr, Kingsport, TN 37660
- 901 W State St, Bristol, VA 24201
- 230-A Wilson Drive, Boone, NC 28607
Are deposits at New Peoples Bank, Inc. insured?
Yes. New Peoples Bank, Inc. is an FDIC-insured bank (FDIC certificate #34890). 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.
New Peoples Bank, Inc.: frequently asked questions
Is New Peoples Bank, Inc. a good bank?
New Peoples Bank, Inc. 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 (10.0% capital ratio); Strongly profitable (ROA 1.40%).
Is New Peoples Bank, Inc. FDIC-insured?
Yes. New Peoples Bank, Inc. is a FDIC-insured bank (FDIC certificate #34890). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is New Peoples Bank, Inc.?
New Peoples Bank, Inc. holds $940 million in total assets, ranking 12th of 56 banks we track in Virginia. It operates 19 branches.
Does New Peoples Bank, Inc. have CFPB complaints?
No CFPB complaints against New Peoples Bank, Inc. 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.
