Safest Banks in Virgin Islands 2026
Virgin Islands has 1 FDIC-insured banks with an average Bank Health Score of 59/100 (C). The safest bank is Merchants Commercial Bank with a score of 59/100.
Data from FDIC Q2 2024
1 Virgin Islands banks are ranked below by the BankHealth composite score. The composite weights Tier 1 capital ratio (35%), inverted non-performing loan ratio (30%), liquidity ratio (25%), and return on assets (10%) into a 0-100 grade.
Top-of-list banks combine strong capital with clean loan books and reasonable profitability. Bottom-of-list banks face pressure on one or more scoring factors — most often elevated NPL ratios or thin profitability margins. Each bank links to its full profile with multi-quarter trend charts, the four composite factor breakdowns, and the underlying FDIC Call Report data.
Virgin Islands's 1 FDIC-insured banks hold a combined $485M in assets. Their average Bank Health Score of 59/100 sits 11.0 points below the national average of 70/100. Across the state, 0% of banks earn an A or B grade for financial health, while 0% fall to a D or F.
The largest bank headquartered in Virgin Islands is Merchants Commercial Bank with $485M in assets and a Bank Health Score of 59/100. The strongest by score is Merchants Commercial Bank in St Thomas (59/100, Tier 1 capital 0.00%).
All scores below come from the latest FDIC BankFind Call Report (Q2 2024). The Bank Health Score weights Tier 1 capital ratio (35%), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%) — the four metrics regulators watch most closely when judging whether a bank is well-capitalized. Every bank with FDIC insurance covers up to $250,000 per depositor per ownership category, but the score helps you tell apart banks that are comfortably well-capitalized from those operating closer to the line.
Top 1 Banks in Virgin Islands
| # | Bank | City | Grade | Score | Tier 1 Capital | NPL Ratio |
|---|---|---|---|---|---|---|
| 1 | Merchants Commercial Bank | St Thomas | C | 59 | 0.00% | 1.01% |
Bank Health Scores for Virgin Islands are calculated from FDIC Call Report data including Tier 1 capital ratios, nonperforming loan ratios, liquidity ratios, and return on assets.
Frequently Asked Questions
Based on our Bank Health Score analysis of FDIC data, Merchants Commercial Bank in St Thomas is currently the safest bank in Virgin Islands with a score of 59/100 (Grade C). It posts a Tier 1 capital ratio of 0.00% and a nonperforming loan ratio of 1.01%.
Virgin Islands has 1 FDIC-insured banks with a combined $485M in total assets. The average Bank Health Score across the state is 59/100 (Grade C).
Virgin Islands's average Bank Health Score of 59/100 is 11.0 points below the national average of 70/100. 0% of banks in Virgin Islands earn an A or B grade, compared with the national average grade of B.
Of 1 FDIC-insured banks headquartered in Virgin Islands, 0 earn an A, 0 a B, 1 a C, 0 a D, and 0 an F. The most common grade is C.
The Bank Health Score (0-100) is based on four FDIC-reported metrics: Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%). Higher scores indicate stronger financial health. Every score uses the latest FDIC Call Report data.
Bank Health Scores are computed from quarterly FDIC Call Report data. Tier 1 capital ratio (35%), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).