Where is Select Bank located?

Select Bank is located at 211 Gristmill Dr, FOREST, VA 24551.

How can I contact Select Bank?

You can contact Select Bank by phone at (434) 455-1700.

Select Bank

About

Select Bank is a community bank founded in 2007 serving Central Virginia and North Carolina with 6 branches. The bank offers personal and business banking services including mortgages, loans, checking accounts, and certificates of deposit.

2007

Founded

Reviews & Ratings

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SBA 7(a) Lending Analytics

SBA 7(a) Acquisition Loan Data As Of June 30, 2025

SBA Acquisition Loan Activity

Last 12 Months

2

Last 3 Years

2

YoY Growth

Data not available

Loan Size Distribution

As Of June 30, 2025

Median

$285K

Average

$285K

Interest Rate Analysis

All rates shown as spread over Prime Rate

Rate Distribution

Median Rate:Prime + 2.13%

Typical Range:Prime + 2.75% - 2.75%

Min / Max:Prime + 1.50% / 2.75%

Market Comparison

This Lender

Prime + 2.13%

Market Average

Prime + 1.25%

87 bps above market

Default Rate & Risk Profile

As Of June 30, 2025 - 10-year default rate indicates underwriting quality

10-Year Default Rate

0.0%

Bottom 10% of Lenders (Highest Default Rate)

Performance Ranking

100th

Lower is better among all lenders

Geographic Loan Distribution

As Of June 30, 2025 - States by loan volume (darker blue = higher volume)

Low

Medium

High

Very High