Bank · FDIC insured
Martinsville First Savings Bank
A $32.1M bank headquartered in Martinsville, VA, with 1 branch in Virginia. Best rates: CDs 3.90% and savings 3.04% APY.
Martinsville First Savings Bank Carrot Score
86
Carrot Score
Higher than 75% of U.S. banks and credit unions
#1 of 8 in Martinsville, VA metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Martinsville First Savings Bank
Martinsville First Savings Bank was founded in 1924 when local businessmen saw a need for mortgage lending to help Martinsville prosper.
As a mutual bank owned by its depositors rather than shareholders, the bank operates as an affiliate of First Mutual Holding Co.
The bank serves southwest Virginia, focusing on the Martinsville community and surrounding areas.
- Headquarters
- 25 W Church St, Martinsville, VA 24112
- FDIC certificate
- 29685 ↗
Branches
1 branch in Virginia
Loading map…
Virginia
1 branch
- Martinsville First Savings BankMain office25 W Church St, Martinsville, VA 24112Directions
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 | 20.46% | 12.77% | 16.04% or more |
| Troubled loansNoncurrent | 0.65% | 0.46% | 0.00% or less |
| ProfitabilityReturn on assets | 0.41% | 0.99% | 1.52% or more |
| LendingLoans per $100 deposited | $73 | $67 | — |
- CapitalLeverage ratio20.46%Peers’ middle 12.77% · Top 25% 16.04%+
- Troubled loansNoncurrent0.65%Peers’ middle 0.46% · Top 25% ≤0.00%
- ProfitabilityReturn on assets0.41%Peers’ middle 0.99% · Top 25% 1.52%+
- LendingLoans per $100 deposited$73Peers’ middle $67
Compared with the 546 banks with under $100 million 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 Martinsville First Savings Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.