Bank · FDIC insured
The Bank of Marion
A $634.1M bank headquartered in Marion, VA, with 17 branches in 2 states. Best rates: CDs 4.10% APY.
The Bank of Marion Carrot Score
72
Carrot Score
Higher than 32% of U.S. banks and credit unions
#8 of 15 in Kingsport, TN-VA metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About The Bank of Marion
Founded in 1874, The Bank of Marion is headquartered in Marion, Virginia.
The bank was chartered in 1874 after Smyth County businessman Minter Jackson recognized a community need for a bank to serve and support local residents.
Over its history, the bank expanded across Southwestern Virginia and into Tennessee while maintaining its independence as a hometown community bank.
- Headquarters
- 102 W Main St, Marion, VA 24354
- FDIC certificate
- 9507 ↗
Branches
17 branches in 2 states
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Virginia
16 branches
Kingsport area · 6
- Abingdon Branch201 Valley St Ne, Abingdon, VA 24210Directions
- Bristol Branch195 Clear Creek Rd, Bristol, VA 24202Directions
- Damascus Branch744 N Beaver Dam Ave, Damascus, VA 24236Directions
- Gate City Branch181 East Jackson St, Gate City, VA 24251Directions
- Glade Spring Branch656 S Monte Vista Dr, Glade Spring, VA 24340Directions
- Weber City Branch2768 Us Highway 23 North, Weber City, VA 24290Directions
Marion area · 4
- The Bank of MarionMain office102 W Main St, Marion, VA 24354Directions
- Regional Mortgage Center111 N Church St, Marion, VA 24354Directions
- Royal Oak Branch1600 N Main St, Marion, VA 24354Directions
- Washington Avenue Branch1026 S Main St, Marion, VA 24354Directions
Chilhowie area · 1
- Chilhowie Branch1155 E Lee Hwy, Chilhowie, VA 24319Directions
Honaker area · 1
- Honaker Branch36 Library Dr, Honaker, VA 24260Directions
Max Meadows area · 1
- Mountain Empire Loan And Finan. Ser. Branch787 Fort Chiswell Rd, Max Meadows, VA 24360Directions
Blacksburg area · 1
- New River Valley-Branch Of The Bank Of Marion220 West Main Street, Radford, VA 24141Directions
Rural Retreat area · 1
- Rural Retreat Branch512 N Main St, Rural Retreat, VA 24368Directions
Saltville area · 1
- Saltville Branch101 Bank St, Saltville, VA 24370Directions
Tennessee
1 branch
- Boones Creek Branch2867 Boones Creek Rd, Johnson City, TN 37615Directions
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 | 11.37% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 1.12% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.43% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $82 | $81 | — |
- CapitalLeverage ratio11.37%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent1.12%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.43%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$82Peers’ 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 The Bank of Marion are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.