Stay in the know! Sign up to get Fauquier County news updates delivered to your inbox.
Advertise on Fauquier Now!
FauquierNow.com
Do you agree with Gov. Ralph Northam’s proposal to raise teacher pay 5 percent with a tax windfall? Vote!
HOME OBITUARIES NEWS HOME & GARDEN OPINIONS BUSINESS STYLE CALENDAR CLASSIFIEDS
Free classifieds! Members can also post calendar events, news, opinions and more ... all for free! Register now!
Login · Forgot Your Password?
October 2, 2018

County bank deposits rise $159 million in a year

File Photo/Lawrence Emerson
The Fauquier Bank maintained the top position in deposits, with $464 million on June 30.
Deposits in Fauquier bank branches increased 9.1 percent in a year, according to an industry report released recently.

As of June 30, the county’s banking offices held $1.9 billion of customers’ funds, the Federal Deposit Insurance Corp. reported in its annual market share study.

A year earlier, the total stood at $1.74 billion.

That amount grew by $159 million in 12 months.

The county had 22 bank branches at the end of June, three fewer than a year earlier.

The Fauquier Bank remained in the top position, with $464.3 million in deposits, accounting for a 24.4-percent market share.

BB&T and Capital One also had double-digit shares of the county market — 18.7 and 14.7 percent, respectively — based on deposits in local branches.

The 2018 FDIC market share report for Fauquier:

• $464.6 million — The Fauquier Bank, 6 offices here.

• $355.7 million — BB&T, 4 offices.

• $280.8 million — Capital One, 1 office.

• $186.3 million — Union Bank & Trust, 2 offices.

• $166.4 million — Oak View National Bank, 2 offices.

• $117.6 million — Wells Fargo Bank, 1 office.

• $101.2 million — Access National Bank (Middleburg), 2 offices.

• $84.5 million — SunTrust Bank, 1 office.

• $76.2 million — PNC Bank, 1 office.

• $44.8 million — Sonabank, 1 office.

• $25.1 million — Summit Community Bank, 1 office.
Member comments
Please, be polite. Avoid name-calling and profanity.
For credibility, sign your real name; stand behind your comments. Readers will give less credence to anonymous posts.
To comment, please log in or register.
Facebook comments
Enter your email address above to begin receiving
news updates from FauquierNow.com via email.
Friday, December 14
Federal government employee with two children in schools will stress teacher pay, communication
Friday, December 14
Licensed drivers here, Christmas meals for the needy, interest on library donation and Fauquier’s population density
Friday, December 14
After two decades of planning, county finally will build $12-million center just southeast of Warrenton
More Fauquier news
© Copyright 2011-2018

50 Culpeper Street, Suite 3
Warrenton, Virginia 20187
540.359.6574
Crime Log
Obituaries
Business
Add Your News
The Big Picture
Ellen’s Kitchen
and Garden

Features
Real Estate
For Sale
Employment
Automotive
Announcements
Legal Notices
Post an Ad
Advertise
Terms of Service