New Horizon Bank, National Association is a bank based in Powhatan, Virginia, established in 2009, with $279 million in total assets across 2 branches. By Trust Grade it ranks 55th of 56 banks we track in Virginia. Its capital ratio of 12.0% is stronger than 73% of similarly sized banks, versus a Virginia median of 10.8%. It posted a loss over the most recent period (-0.48% return on assets), a point to watch. No consumer complaints against New Horizon Bank, National Association appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How New Horizon Bank, National Association compares to Virginia peers
How we graded New Horizon Bank, National Association
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.0% capital ratio)
- Unprofitable over the period (ROA -0.48%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for New Horizon Bank, National Association over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (2)
- 1870 Stoneridge Commerce Dr, Powhatan, VA 23139
- 7231 Forest Ave, Richmond, VA 23226
Are deposits at New Horizon Bank, National Association insured?
Yes. New Horizon Bank, National Association is an FDIC-insured bank (FDIC certificate #58857). 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 Horizon Bank, National Association: frequently asked questions
Is New Horizon Bank, National Association a good bank?
New Horizon Bank, National Association earns a Bankzia Trust Grade of B (85/100, "Strong"), based on a financial-strength score of 85/100 (it has no CFPB complaints on record). Strongly capitalized (12.0% capital ratio); Unprofitable over the period (ROA -0.48%).
Is New Horizon Bank, National Association FDIC-insured?
Yes. New Horizon Bank, National Association is a FDIC-insured bank (FDIC certificate #58857). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is New Horizon Bank, National Association?
New Horizon Bank, National Association holds $279 million in total assets, ranking 55th of 56 banks we track in Virginia. It operates 2 branches.
Does New Horizon Bank, National Association have CFPB complaints?
No CFPB complaints against New Horizon Bank, National Association appear in our data over the analysis window, which is typical for a bank of this size.
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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.
