Bank of the James Financial Group Company Profile
Bank of the James Financial Group, Inc. operates as the holding company for Bank of the James that provides general retail and commercial banking services in Virginia. It offers checking accounts, savings accounts, money market accounts, certificates of deposit, individual retirement accounts, health care savings accounts, and other time deposits. The company also provides loans to small- and medium-sized businesses for the purchases of equipment, facilities upgrades, inventory acquisition, and various working capital purposes; commercial and residential construction and development loans; commercial real estate mortgage loans; and secured and unsecured consumer loans comprising personal loans, lines of credit, overdraft lines of credit, automobile loans, installment loans, demand loans, and home equity loans for personal, family, or household purposes. In addition, it offers other banking services, such as safe deposit boxes, travelers checks, direct deposit of payroll and social security checks, automatic drafts for various accounts, and treasury management and credit card merchant services. Further, the company provides securities brokerage and investment services; and telephone and Internet banking services, including on-line bill pay, as well as operates as an agent for insurance and annuity products. It operates through 10 full-service offices and 3 limited service offices, 1 loan production office, and 3 mortgage production offices. The company was incorporated in 1998 and is headquartered in Lynchburg, Virginia.