Bank of Clarke logo

Bank of Clarke in Berryville, VA

4.2/5

Bank of Clarke is a full-service bank offering personal and business checking, savings, lending, credit cards, mortgages, and wealth management services with multiple branch locations.

Data compiled from public sources · Rating from CreditDoc methodology

Bank of Clarke Review

Bank of Clarke is an established banking institution that serves both individual consumers and business clients. The bank emphasizes building long-term customer relationships and operates multiple physical branches, including a recently opened McLean, Virginia location at 1313 Dolley Madison Blvd Ste 100. The institution maintains a professional web presence and offers comprehensive digital banking solutions.

Bank of Clarke has demonstrated community commitment through its 40th Annual Charity Golf Tournament benefiting the Bank of Clarke Foundation. The bank provides a wide range of personal banking products including checking accounts, savings accounts, certificates of deposit (CDs), personal loans, auto loans, home equity lines of credit (HELOC), credit cards, and mortgage services for home purchase and refinancing. For business clients, Bank of Clarke offers business checking and savings accounts, merchant services, cash management solutions, positive pay for check and ACH fraud prevention, remote deposit capabilities, and specialized lending for real estate, construction, small business, and government contract sectors.

Additionally, the bank operates a wealth management division providing investment and asset management, trust administration, and estate planning services. Bank of Clarke distinguishes itself through several offerings: free credit score access and monitoring without impacting credit scores, partnership with Greenlight for parents to teach children about digital spending, scam awareness and fraud protection resources, and positive pay solutions for business fraud prevention. The bank maintains both consumer and cash management online banking platforms with secure login systems.

Customer service is available at (800)650-8723 with emphasis on fraud protection and scam prevention education. As a traditional full-service bank, Bank of Clarke serves customers seeking comprehensive banking relationships with local branch access, personalized service, and multiple product lines under one institution.

Services & Features

Auto loans and consumer lending
Business checking and savings accounts
Cash management services
Consumer mobile and digital banking
Credit cards
Free credit score monitoring and reporting
Home equity lines of credit (HELOC)
Investment and asset management
Merchant services
Mortgage services (purchase and refinance)
Personal checking accounts
Personal savings accounts and CDs
Positive Pay (check and ACH fraud prevention)
Remote deposit for businesses
Secure online banking platforms (consumer and cash management)
Trust and estate administration

Feature Checklist

Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection

Pros & Cons

Pros

  • Comprehensive product suite including checking, savings, lending, credit cards, mortgages, and wealth management all under one institution
  • Free credit score access and monitoring without impacting your credit score, available anytime and anywhere
  • Multiple physical branch locations with recent expansion (new McLean branch opened)
  • Specialized business lending in real estate, construction, small business, and government contracts
  • Positive Pay fraud prevention for business checks and ACH transactions
  • Wealth management division offering professional investment and trust services
  • Strong community involvement through 40-year history of charitable golf tournament

Cons

  • Website does not display specific interest rates, APYs, or fee schedules for comparison shopping
  • No information provided about minimum account balances or opening requirements
  • Limited details on credit card rewards programs, mortgage rate types, or loan eligibility criteria

Rating Breakdown

Value
5.0
Effectiveness
3.7
Customer Service
3.8
Transparency
4.0
Ease of Use
4.5

Mortgage Lending Transparency

Bank of Clarke processed 350 mortgage applications in 2023, approving 77.1% of applicants across 13 states.

350

Applications

77.1%

Approval Rate

$464K

Avg Loan

13

States Served

Approval Rate by Applicant Income

Under $50K
33.3%
$50K–$100K
75.9%
$100K–$200K
76.1%
Over $200K
81.4%

Based on 350 applications. Income in thousands (reported by applicant).

Top Lending States

Virginia 296 apps · 75.3%
West Virginia 23 apps · 60.9%
Maryland 12 apps · 91.7%
Florida 4 apps · 100%
North Carolina 3 apps · 100%
District of Columbia 3 apps · 100%

Source: CFPB Home Mortgage Disclosure Act (HMDA) Data, 2023. Applications include originated, approved, and denied loans.

Frequently Asked Questions

Is Bank of Clarke legitimate?

Yes. Bank of Clarke is a registered company, headquartered in Berryville, VA, founded in 1881.

How long does Bank of Clarke take to show results?

Account opening typically takes 1-3 business days. Loan decisions vary by product.

Quick Facts

Founded
1881
Headquarters
Berryville, VA
BBB Accredited
No
Certifications
FDIC Insured FDIC Cert #6123
Starting Price
Contact provider
Setup Fee
None
Money-Back Guarantee
No
Visit Bank of Clarke

CreditDoc Diagnosis

Doctor's Verdict on Bank of Clarke

Bank of Clarke is best for customers seeking a traditional, full-service banking relationship with access to physical branches, multiple product lines, and personalized service. The main limitation is that the public website lacks specific pricing, rates, and fee information needed for detailed product comparison.

Best For

  • Customers seeking a traditional full-service bank with multiple products and local branch access
  • Small business owners needing specialized lending in construction, real estate, or government contracting
  • Individuals interested in comprehensive wealth management and investment services
  • Families wanting to teach children about digital spending through Greenlight partnership
Updated 2026-05-08

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