Safest Banks in West Virginia 2026
West Virginia has 43 FDIC-insured banks with an average Bank Health Score of 64/100 (C). The safest bank is Bank of Monroe with a score of 97/100.
Data from FDIC Q2 2024
Top 20 of 43 Banks in West Virginia
| # | Bank | City | Grade | Score | Tier 1 Capital | NPL Ratio |
|---|---|---|---|---|---|---|
| 1 | Bank of Monroe | Union | A | 97 | 21.32% | 0.02% |
| 2 | City Nb of West Virginia | Charleston | A | 95 | 15.17% | 0.23% |
| 3 | Fayette Cnty Nb Fayetteville | Fayetteville | A | 94 | 22.45% | 0.17% |
| 4 | West Union Bank | West Union | A | 92 | 14.19% | 0.05% |
| 5 | Whitesville State Bank | Whitesville | A | 91 | 16.41% | 0.48% |
| 6 | First Nb of Peterstown | Peterstown | A | 87 | 24.84% | 1.72% |
| 7 | Calhoun County Bank INC | Grantsville | A | 85 | 18.37% | 0.41% |
| 8 | Jefferson Security Bank | Shepherdstown | A | 83 | 12.02% | 0.01% |
| 9 | Cnb Bank INC | Berkeley Springs | B | 76 | 11.82% | 0.09% |
| 10 | Wesbanco Bank INC | Wheeling | B | 76 | 11.91% | 0.36% |
| 11 | Hancock County Sb FSB | Chester | B | 75 | 34.89% | 0.35% |
| 12 | Bank of Charles Town | Charles Town | B | 74 | 12.87% | 0.45% |
| 13 | First Fs&la of Ravenswood | Ravenswood | B | 72 | 22.56% | 0.87% |
| 14 | First Nb of Williamson | Williamson | B | 72 | 11.32% | 1.64% |
| 15 | Citizens Bank of West Va INC | Elkins | B | 69 | 10.55% | 0.31% |
| 16 | Poca Valley Bank INC | Walton | B | 68 | 11.29% | 0.33% |
| 17 | Davis Trust Co | Elkins | B | 68 | 12.03% | 0.58% |
| 18 | Pendleton Community Bank INC | Franklin | B | 67 | 10.28% | 0.13% |
| 19 | Security National Trust Co | Wheeling | B | 65 | 0.00% | 0.00% |
| 20 | Bank of Mingo | Williamson | C | 64 | 17.51% | 1.85% |
Bank Health Scores for West Virginia 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, Bank of Monroe in Union is currently the safest bank in West Virginia with a score of 97/100 (Grade A).
West Virginia has 43 FDIC-insured banks with a combined $40.2B in total assets. The average Bank Health Score across the state is 64/100.
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.
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%).