New Peoples Bank, Inc. is a Commercial bank, state charter, Fed member, and supervised by the Federal Reserve Bank (FRB) based in Honaker, Virginia, established in 10/28/1998. Operating with a focus on Commercial Lending Specialization, it offers a broad range of financial services across its 19 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, New Peoples Bank, Inc. reported total assets of $826,584 and manages deposits totaling $717,662 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $1,824 thousands last year. For more details, visit their website at www.newpeoples.bank.
Bank Information:
- Bank Name: New Peoples Bank, Inc.
- Address: 53 Commerce Dr, Honaker, Russell, VA, 24260
- Website: www.newpeoples.bank
Classification and Operations:
- State: Virginia
- Institution Class: Commercial bank, state charter, Fed member, and supervised by the Federal Reserve Bank (FRB)
- Bank Class: State commercial bank, FRS member
- Specialization: Commercial Lending Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 19
- Number of Foreign Offices: 0
- Total Assets: $826,584
- Total Deposits: $717,662
- Domestic Office Deposits: $717,662
Financial Data:
- Net Income (Attributable to Bank): $1,824
Establishment and Record:
- Established Date: 10/28/1998
- Last Recorded Data on: 04/12/2024