Bank · FDIC insured
Movement Bank
A $165.5M bank headquartered in Danville, VA, with 4 branches in 3 states.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: rates are not published online. Savings: published rates need another account or activity, so they are not scored. Auto loans: no rates found on its website. Credit cards: no rates found on its website.
- Savings—3.05%Needs another account or monthly activitySavings rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Movement Bank
Founded in 1919 as First State Bank by a group of African-Americans in rural Virginia, Movement Bank was formed to serve people the establishment rejected.
In 2017, First State Bank became Movement Bank, which is headquartered in Danville, Virginia.
- Headquarters
- 1296 Piney Forest Road, Danville, VA 24540
- FDIC certificate
- 9502 ↗
Branches
4 branches in 3 states
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North Carolina
2 branches
Asheville area · 1
- Arden Branch2397 Hendersonville Rd, Arden, NC 28704Directions
Greensboro area · 1
- Randleman Branch117 S Main St, Randleman, NC 27317Directions
South Carolina
1 branch
- Fort Mill Branch9726 Old Bailes Rd, Fort Mill, SC 29707Directions
Virginia
1 branch
- Movement BankMain office1296 Piney Forest Road, Danville, VA 24540Directions
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 | 11.12% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.07% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.96% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $75 | $81 | — |
- CapitalLeverage ratio11.12%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.07%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.96%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$75Peers’ 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 Movement Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.