Access National Bank

1800 Robert Fulton Drive, Suite 310
Reston, VA 20191

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 35189
Date Established 1999
Assets $2.86 billion
Loans $2.00 billion
Deposits $2.25 billion
Capital $0.40 billion

Access National Bank is an FDIC insured institution located in Reston, VA. It was founded in 1999 and has approximately $2.86 billion in assets. Customers can open an account at one of its 16 branches.

For a more detailed analysis of Access National Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Access National Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Virginia, Access National Bank has a significantly higher percent of Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 26.14
Multifamily
Mortgages
2.59
Credit Card Loans 0.00
Consumer Auto Loans 0.05
Small Business Loans 8.19
Construction and Development Loans 4.91
Commercial Real Estate 42.42
Commercial and Industrial Loans 23.21
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.15% $10,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.90% $10,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.05% $1 $9,999 Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.05% $1 $9,999 Learn MoreShow Less
MM 10K
0.05% $10,000 $24,999 Learn MoreShow Less
MM 25K
0.10% $25,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $1 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Access National Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.409% 4.375% 0.00 $1,104 $1,249 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More
Rocket Mortgage
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Flagstar Bank 5.490% $283.58 Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.990% $238.42 Learn More

Note to Access National Bank
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Branches

Access National Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Access National Bank Locations

Financial Details

Access National Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Access National Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Access National Bank U.S. Bank Average
1.31% 8.32%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of September 30, 2017, Access National Bank had $4,839,000 in non-current loans and $644,000 in owned real estate. To cover these potential losses it had $402,321,000 in equity and $15,804,000 in loans loss reserves. That gives it a Texas Ratio of 1.31%.

Return on Equity
Access National Bank U.S. Bank Average
7.96% 8.84%

Access National Bank has a Return on Equity of 7.96% versus the BestCashCow average of 8.84%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Access National Bank U.S. Bank Average
14.09% 12.21%

Access National Bank has a Capitalization of 14.09% versus the BestCashCow average of 12.21. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Access National Bank Balance Sheet Analysis

As of December 31, 2017, Access National Bank had assets of $2,856,018,000, loans of $1,995,104,000, and deposits of $2,248,191,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $0.12 billion
Interest-bearing balances $0.09 billion
Total securities $0.42 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $2.00 billion
Loan loss allowance $0.02 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.18 billion
All other assets $0.11 billion
     Total Assets $2.45 billion
LIABILITIES
Total deposits $2.25 billion
      Interest-bearing deposits $1.50 billion
      Deposits held in domestic offices $2.25 billion
      % insured (estimated) 61.46%
Federal funds purchased and repurchase agreements $0.05 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.13 billion
Subordinated debt $0.00 billion
All other liabilities $0.02 billion
      Total Liabilities $2.45 billion
      Shareholders’ Equity $0.40 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.10 billion
Total Interest Expense $0.01 billion
Net interest income $0.08 billion
Provision for loan and lease losses $0.01 billion
Total non interest income $0.03 billion
Total non interest expense $0.07 billion
Pre-tax Net Operating Income $0.04 billion

Frequently Asked Questions About Access National Bank

Branches and Savings

Is Access National Bank FDIC insured?

Yes. It is covered under FDIC Certificate #35189.

Why does Access National Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Access National Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Access National Bank a commercial bank?

Yes

Where are Access National Bank locations?

See branch locations nearby.

Is Access National Bank open on Saturdays?

Is Access National Bank open on Sundays?

What time does Access National Bank open?

What time does Access National Bank close?

Are Access National Bank ATMs Open 24/7?

Do Access National Bank ATMs accept cash deposits?

Can Access National Bank customers use other ATMs?

Do Access National Bank branches have notaries?

Will Access National Bank notarize my document?

What address for Access National Bank should I put for incoming ACH transfers?

Will the Access National Bank branch print checks?

Do Access National Bank checks expire?

Does Access National Bank require US citizenship to open account?

Can Access National Bank close my account?

Does Access National Bank Report to credit bureaus?

Does Access National Bank Use Equifax?

What is Access National Bank's ACH Routing Number?

What is Access National Bank's SWIFT code?

Products

Does Access National Bank offer mortgages?

Compare mortgage rates here.

Does Access National Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Access National Bank offer personal loans?

Compare personal loan rates here.

Does Access National Bank offer student loans?

Will Access National Bank cash a check?

Will Access National Bank redeem a savings bond?

Does Access National Bank cash savings bonds?

Will Access National Bank cash money orders?

Can Access National Bank issue a money order?

Does Access National Bank do currency exchange?

Background on The Bank

Who owns Access National Bank?

How long has Access National Bank been around?

Can Access National Bank transfer to other banks?

Does Access National Bank have quick pay?

Does Access National Bank accept rolled coins?

Will Access National Bank accept loose change?

Where is Access National Bank headquarters?

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