MOVEMENT BANK
DANVILLE, VIRGINIA · FDIC Cert #9502
Capital & Safety Analysis
According to FDIC financial data, MOVEMENT BANK holds a Tier 1 capital ratio of 13.13%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning MOVEMENT BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
MOVEMENT BANK shows strong financial health indicators. With $155M in assets and a Health Score of 73/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
MOVEMENT BANK has a Bank Health Score of B (73/100). It holds a Tier 1 capital ratio of 13.13%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
MOVEMENT BANK holds $155M in total assets and $133M in total deposits. It is located in DANVILLE, VIRGINIA (FDIC Certificate #9502).
MOVEMENT BANK has a Tier 1 capital ratio of 13.13%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.09%, and the return on assets is -0.66%.
Yes. MOVEMENT BANK is FDIC-insured (Certificate #9502). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.