Banks in Virginia

11 FDIC-insured banks headquartered in Virginia, ranked by total assets.

Virginia is home to 11 FDIC-insured banks holding a combined $941.42B in total assets and approximately $739.51B in deposits (Source: FDIC BankFind). These figures represent banks headquartered in Virginia and may not include all branches of out-of-state banks operating in the state.

Capital One is the largest bank headquartered in Virginia with $658.46B in total assets, representing a concentrated market where one institution holds the majority of state-headquartered bank assets (Source: FDIC BankFind). The mix of national banks, regional institutions, and community banks in Virginia provides consumers with a range of options based on their banking preferences.

Total Banks

Combined Assets

$941.42B

Avg ROA

1.16%

Largest banks in Virginia

Capital One

Capital One is the largest bank headquartered in Virginia with $658.46B in total assets and 265 branches (Source: FDIC BankFind).

HSBC Bank USA

HSBC Bank USA is a major bank headquartered in Virginia with $165.26B in total assets and 22 branches (Source: FDIC BankFind).

Atlantic Union Bank

Atlantic Union Bank is a major bank headquartered in Virginia with $37.50B in total assets and 190 branches (Source: FDIC BankFind).

United Bank

United Bank is a major bank headquartered in Virginia with $33.55B in total assets and 236 branches (Source: FDIC BankFind).

TowneBank

TowneBank is a major bank headquartered in Virginia with $19.69B in total assets and 74 branches (Source: FDIC BankFind).

Banks headquartered in Virginia

#	Bank	Total Assets	Deposits	ROA	Branches
1	Capital One, National AssociationMclean	$658.46B	$504.75B	0.55%	265
2	HSBC Bank USA, National AssociationTysons	$165.26B	$137.52B	0.92%	22
3	Atlantic Union BankRichmond City	$37.50B	$30.49B	0.99%	190
4	United BankFairfax	$33.55B	$27.25B	1.50%	236
5	TowneBankPortsmouth	$19.69B	$16.60B	0.90%	74
6	Burke & Herbert Bank & Trust CompanyAlexandria	$7.90B	$6.41B	1.69%	80
7	Carter Bank & TrustMartinsville	$4.83B	$4.21B	0.72%	67
8	The First Bank and Trust CompanyLebanon	$4.21B	$3.76B	1.62%	34
9	Primis BankTappahannock	$4.03B	$3.43B	1.13%	28
10	First Community BankBluefield	$3.25B	$2.72B	1.55%	60
11	Citizens and Farmers BankWest Point	$2.74B	$2.35B	1.15%	31

Source: FDIC BankFind, most recent quarterly data. Only includes banks headquartered in Virginia. Data last updated: April 2, 2026.

Credit unions in Virginia

9 credit unions headquartered in Virginia, ranked by total assets. Credit unions are member-owned cooperatives insured by the NCUA.

#	Credit Union	Total Assets	Members	ROA	Branches
1	NAVY FEDERAL CREDIT UNIONVIENNA	$197.17B	15,139,001	1.01%	N/A
2	PENTAGONMCLEAN	$29.29B	2,752,809	0.50%	N/A
3	VIRGINIARichmond	$7.24B	491,381	0.80%	N/A
4	LANGLEYNewport News	$5.65B	402,059	0.68%	N/A
5	APPLEFairfax	$5.44B	266,924	0.90%	N/A

Showing top 5 of 9 credit unions in Virginia. View all credit unions

Source: NCUA Quarterly Call Report Data. Only includes credit unions headquartered in Virginia.

How to choose a bank in Virginia

When choosing a bank in Virginia, consider what matters most for your financial needs. Virginia has 11 FDIC-insured banks headquartered in the state, plus additional out-of-state banks with local branches. Each institution offers different strengths in terms of branch access, product variety, and community focus.

Consider whether branch access matters to you. If you prefer in-person banking, look for institutions with branches near your home or workplace. If you primarily use mobile and online banking, you may want to prioritize digital features and compare interest rates, as online-focused banks often offer higher savings APYs.

All banks listed on this page are FDIC-insured, meaning deposits are protected up to $250,000 per depositor, per insured bank, for each account ownership category (Source: FDIC). Beyond FDIC insurance, compare factors such as monthly maintenance fees, ATM networks, minimum balance requirements, and customer service availability. The CFPB recommends comparing at least three institutions before opening a new account.

Compare banks side by side Savings calculators Our methodology

Data Sources

FDIC BankFind: Financial data including total assets, deposits, net income, ROA, and ROE for all FDIC-insured institutions. https://banks.data.fdic.gov/

CFPB Consumer Complaint Database: Consumer complaint data by institution, including complaint volumes, response rates, and top issue categories. https://www.consumerfinance.gov/data-research/consumer-complaints/

Federal Reserve Economic Data (FRED): Interest rate benchmarks including the Federal Funds Rate, Treasury yields, and national savings rate averages. https://fred.stlouisfed.org/

BankRanked is not a bank, credit union, or financial advisor. This content is for educational purposes only and does not constitute financial advice. All data is sourced from publicly available government databases (FDIC, NCUA, CFPB, FRED). Consult a licensed financial professional before making banking decisions.