Millennium Bankshares Corporation (MBVA)

Overview

Established in 1998, Millennium Bankshares Corporation is a prominent bank holding entity for Millennium Bank, National Association, dedicated to providing comprehensive commercial and consumer banking solutions. With a strategic focus on catering to individuals, small and medium-sized enterprises, and professional communities, the corporation is headquartered in Sterling, Virginia. Its operations are rooted in a customer-centric approach, delivering personalized banking experiences through a broad array of financial services and products tailored to meet diverse needs.

Products and Services

• Deposit Accounts:

  Millennium Bankshares Corporation offers a wide spectrum of deposit accounts designed to accommodate the liquidity requirements and savings goals of its customers. This range includes statement savings accounts, NOW accounts, money market deposit accounts, and checking accounts. Additionally, it provides fixed-rate certificates of varying maturities and individual retirement accounts (IRAs), serving both short-term and long-term financial planning needs.

• Mortgage and Real Estate Loans:

  Recognizing the importance of real estate in personal and business finance, the company extends an array of lending services. These encompass mortgage lending, general real estate loans, and construction loans. Furthermore, it specializes in small business lending and one-to-four-family residential real estate loans, facilitating growth and stability for both personal and professional clientele.

• Consumer Loans:

  Millennium Bankshares offers a comprehensive suite of consumer loan products. Its offerings include unsecured personal loans and lines of credit, automobile loans, deposit account loans, and both installment and demand loans. The company also provides letters of credit and home equity loans, each designed to meet the diverse needs of its customers through secured and unsecured borrowing options.

• Internet Banking:

  Embracing technological advancements, Millennium Bankshares Corporation delivers robust Internet banking services. These digital services enable both individuals and businesses to efficiently manage their finances online. Customers have the capability to view account details, execute transfers, request wire transfers, pay bills, and place stop payments on checks, all through a secure online platform, enhancing the accessibility and convenience of banking operations.