Bank · FDIC insured
Legacy Bank
A $360.2M bank headquartered in Grundy, VA, with 4 branches in Virginia.
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Legacy Bank
Legacy Bank serves customers through four locations across Southwest Virginia.
- Headquarters
- 20957 Riverside Dr, Grundy, VA 24614
- FDIC certificate
- 19011 ↗
Branches
4 branches in Virginia
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Virginia
4 branches
Grundy area · 2
- Legacy BankMain office20957 Riverside Dr, Grundy, VA 24614Directions
- Riverside Drive Branch20957 Riverside Dr, Grundy, VA 24614Directions
Abingdon area · 1
- Abingdon Branch498 Cummings St, Abingdon, VA 24210Directions
Pounding Mill area · 1
- Clinch Valley Bank Branch12660 Governor G C Peery Hwy, Pounding Mill, VA 24637Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 20.64% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 1.78% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.85% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $84 | $81 | — |
- CapitalLeverage ratio20.64%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent1.78%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.85%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$84Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Legacy Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.