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West Virginia Bank Facts, Financials, News and Rates

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  • About West Virginia:
    West Virginia is home to the headquarters of 66 banks, and has 653 bank branches located within its borders.
  • Of the 50 states in the U.S., West Virginia ranks 43rd for banking size. This rank is because all of the banks in WV have a combined asset size of $26 Billion.
  • Ranked by asset size, the largest bank headquartered in West Virginia is United Bank. The percentage of state bank assets held by United Bank is 15.88 %. On the opposite end of this spectrum is First Federal Savings & Loan Association Of Ravenswood, the smallest bank in West Virginia. First Federal Savings & Loan Association Of Ravenswood has a total asset size of $8 Million.
  • West Virginia has 6,741 people employed full-time at the banks headquartered within its borders.
  • When banks compete to give you great rates on CDs and High-Yield Savings accounts, you can get better than usual rates. The average APY in West Virginia for a savings account is 0.21 %, while the overnight auction rate at MoneyAisle for a savings account was 1.64 %! Compare the live auction rates on MoneyAisle to the average rate offered in West Virginia now! Run a free live MoneyAisle auction!

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West Virginia Banks - Fast Facts

  • Banks HQ in WV: 66
  • Number of WV Branches: 653
  • Average Branch Deposit Size: $41 Million
  • WV HQ Banks Employ : 6,741 full-time employees
  • WV HQ Banks Assets: $26 Billion
  • Biggest Bank HQ in WV (Assets): United Bank
  • Smallest Bank HQ in WV (Assets): First Federal Savings & Loan Association Of Ravenswood
  • % of US Bank Assets: 0.19 %

Data from FDIC as of 3/31/2009

Banks Headquartered in West Virginia

(Largest Banks by Asset Size)

Banks with Branches in West Virginia

(Largest Banks by Asset Size)