With the better financial services, the Clear Mountain Bank becomes an example A+ health rated bank and we’re going to discuss it in this review.

As a locally-owned community bank, Clear Mountain Bank earns everyone’s trust. Despite having different options for the community, only a few got better ratings for their services. This one is the biggest example of such a community bank.

Its hard work for the client, convenient service, easy procedure, and online banking is the key to their success in banking. Few banks offer a complete line of financial products like this bank does.

We found many best sides of this bank for personal and business banking that is also very friendly. Here are more details we tried to explore about this community bank.

What Is The Clear Mountain Bank?

As a locally-owned and managed community bank, this Bank offers its service with five different locations. For the superior banking service, they establish their branches in a friendly hometown atmosphere.

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From 1931, they began their banking service. It is headquartered in Bruceton Mills, West Virginia. Based on its service range and assets, it is certified as a medium-sized bank.

May they have some limitations to provide proper customer service but they have a mixture of banking products. With fair rates and fees, this bank is still doing its best in the banking business.

Picture: Clear Mountain Bank

What Makes The Clear Mountain Bank Best In Business?

There are few criteria needed to discuss if you want to know which part of the service is best for this bank. We pick crucial parts to discuss as well as their rating. To know more about it, keep reading.

Smart Assets

We give 3.9 out of 5 for its Samar Assets. For this, we’ve included four different services including

  • The weighted average of fee
  • The weighted average of rates
  • financial health
  • Service quality


If you compare the savings rate of this bank with other commercial banks, then you’ll get frustrated. There is a poor comparison. For the CD account, the rate is 1.00% and it’s for only one year. But for the five years CD account the rate is 2.22%. So the rate is below average.

How To Compare The Rate of Clear Mountain Bank?

Offering service is not the last thing for a community bank. People compare the efficiency of a bank based on the rate they offer for different financial products. Let’s see how we can compare it.


For the general service, this Bank imposes 0.25% where the national average is 0.09%. See, there are huge differences. For a few products and services this bank typically charges high fees. Take a quick look at the table below for a better understanding.

TypesFeesNational Average
Monthly Fee$2.50$3.21
Non-network ATM FeeN/A$1.20
Overdraft FeeN/A$35

From the above table, you can see that they impose charges but are good for a few other things like non-network ATM fees or overdraft fees.

Service Quality

For the service, this bank comes with different policies like attracting their potential customers by offering flexible service. To do that, they introduced mobile and web apps. They made everything easy like accessing the account, managing the money, transfer, withdrawal, purchasing, and many more.

The bad side is, it doesn’t have all-day customer service. That means it’s available only for a specific time in a day. But their online system is fair enough to satisfy their customers.

Few consumers complain about their service. But for the flexibility of account handling satisfied customers. Here is the rating for their services below.

Overall Mobile Rating3.8/5
Consumer Satisfaction Rating5.0/5
Online Banking PortalNo
Live ChatNo
Picture: Online Banking is easy
Financial Product Offered By The Clear Mountain Bank

Like other community banks, this bank also offers different services and products. Take a look at the table below and find which product fits most with your requirement.

ProductCurrent Terms and RatesMinimum Balance for APY
Savings Account0.25% APY$1
Checking Account0.22% APY$1
Certificates of Deposit12 Month: 1.00% APY24 Month: 1.15% APY36 Month: 1.36% APY48 Month: 1.66% APY60 Month: 2.22% APY$500 for all terms
Money Market Accounts0.37% APY0.5% APY$10000$15000
Certificates of Deposit12 Month: 1.00% APY24 Month: 1.15% APY36 Month: 1.36% APY48 Month: 1.66% APY60 Month: 2.22% APY$500 for all terms
Clear Mountain Bank offers different services
Picture: Clear Mountain Bank offers different services

People Trust The Clear Mountain Bank But Why?

Despite having many options to choose a community bank, people have faith in the Clear Mountain Bank. We tried to find out the reason why people trust this bank. Let’s find out some of them.

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Good Rating

People rate a bank when they have better facilities to enjoy. As the quality of their service, the bank will get feedback and review from their client. That’s how it got positive or negative ratings. But this bank has a 5-star rating.

Financial Strength and Stability

Their financial strength and stability are better than other banks. Clients know they are not going to vanish soon from this business and have a minimum risk to use their financial products.

Consecutive Performance

Few banks hold their position by their consecutive performance. This bank is one of these which performed well in the last 65 consecutive quarters. Since March 2004, they have gotten better marks for their performance. Yes, it indicates that they are in profit. As a recognition, it was rewarded as an “Exceptional Performance Bank”.

Strong Relationship

This bank is good at maintaining a relationship with their client. In many ways they do it. A client can communicate with them online or over the phone. Not only that, their mobile and web application is full of features that let the client stay connected with the bank.

Easy To Maintain Account

Every client can easily manage their money as well as their account. They can go online to complete their transaction like payment, withdrawal, and others.

manage your account through the mobile app
Picture: Manage your account through the mobile app


Now, we know how a bank builds its reputation and earns the trust of its client. In this review, we tried to describe the formula that a bank applies by offering its service and financial product.

The Clear Mountain Bank is undoubtedly an example of better banking. Because of the method of the operating system, it becomes a good financial institution that is also far from a failure. It doesn’t matter, it fails in the business or not, it is FDIC-insured. That means your money is always in a safe place.

Always remember, you must keep your account in a safe place where it’s easy to get a great return with minimum risk. In this case, you can consider this bank.

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