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12724 Gran Bay Parkway West, Suite 150
Jacksonville, FL 32258

Atlantic Coast Bank is headquartered in Jacksonville and is the 34th largest bank in the state of Florida. It is also the 950th largest bank in the nation. It was established in 1939 and as of June of 2014, it had grown to 159 employees at 12 locations. Atlantic Coast Bank's money market rates are 14% higher than the national average, and it has a B health rating.

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Reviews (2)

Not Terribly Happy With Website Of This Bank

I've had a Rewards Checking account with Atlantic Coast for over two years now.  I may be switching today to another Rewards Checking-offering bank.

I really do not care for their online checking, nor their website overall.  You are able to have your password emailed to you as clear text which seems a completely bad idea security-wise.  Also, once you do log in, it shows your secret security phrase as a banner that goes across your screen (automatically) - so if anyone is watching at all, they have your secret phrase.  Or on the off chance that someone has cracked into your account, they have that supposedly secret security info immediately.  I've also been forced to change my online password very frequently - perhaps every 90 days.  I really wish it did not offer to email you your password and parade around my security phrase.

On the other hand, I have been very pleased with the interest I have earned and the ease of meeting their requirements.  I am sad that the cap on the top interest rate balance has dropped from $25,000 to $15,000.


Horrible Customer Service

I have had two very bad customer service experiences at Atlantic Coast Bank. First, my debit card information was stolen somehow (I still had my card) with many quick uses of the card on black friday. I immediately stopped the card once I saw the transactions, called the bank, and filed a police report. It wasn't until the police report was mailed to me and then mailed to them that they would after a review process reimburse me the thousands of dollars. It was more than 3 weeks before they reimbursed my money and I had to figure out other ways to pay my bills. The second happened a year later when 3 unauthorized direct withdrawls occurred from a company that I had stopped allowing direct withdrawls from causing insufficient fund charges. The company apologized for there error. However, atlantic coast not only refused to reimburse me for the fees toping over 100 dollars for these fraud charges but they also wanted to charge me another 37 dollars just to freeze my account!  It is not worth your time or safety of your money to use there services. 


Data for Q2 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 Atlantic Coast Bank had $9.45 million in non-current loans and owned real-estate with $76.69 million in equity and loan loss allowances on hand to cover it. This gives Atlantic Coast Bank a Texas Ratio of 12.32% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Atlantic Coast Bank decreased dramatically from 60.98% as of June 30, 2013 to 12.32% as of June 30, 2014, resulting in a positive change of 79.79%.This indicates that the balance sheet and financial strength for Atlantic Coast Bank has improved dramatically in recent periods.

Deposit Growth


In the past year, Atlantic Coast Bank has decreased its total deposits by -$57.3 million, resulting in -11.37% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Atlantic Coast Bank has shown is poor.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Atlantic Coast Bank has $711.6 million in assets with $76.69 million in equity, resulting in a capitalization level of 10.78%, which is above average.

Institution Statistics

FDIC Certificate #45826
Year Established1939
Primary RegulatorOCC
Assets and Liabilities
Assets$711.60 million
Loans$432.63 million
Deposits$446.49 million
Equity Capital$69.70 million
Loan Loss Allowance$6.99 million
Unbacked Noncurrent Loans$4.03 million
Real Estate Owned$5.42 million
Historic Data - June 2013
Assets$743.62 million
Equity Capital$31.34 million
Loan Loss Allowance$10.03 million
Unbacked Noncurrent Loans$4.03 million
Real Estate Owned$12.86 million
Profit Margin - Quarterly
Return on Assets0.12%
Return on Equity1.33%
Interest Income$13.86 million

Always verify rates and promotions with the bank or credit union. We are not Atlantic Coast Bank, we are a rate comparison website and can not provide official rates or promotions.

Atlantic Coast Bank Savings Account Rates

0.40%-$100kSunrise Saver - Qualifying
0.20%--iVacation Club
0.20%--iChristmas Club
0.05%--Sunrise Saver - Non Qualifying

Atlantic Coast Bank Money Market Rates

0.50%$75k-iMoney Market Account

Atlantic Coast Bank Checking Account Rates

0.40%-$15kHigh Tide Rewards Checking - Qualifying
0.05%--High Tide Rewards Checking - Non Qualifying

Atlantic Coast Bank CD Rates

1.01%$1k-i36 Month iCertificates of Deposit
0.76%$1k-i24 Month iCertificates of Deposit
0.45%$1k-i6 Month iCertificates of Deposit
0.45%$1k-i12 Month iCertificates of Deposit

Atlantic Coast Bank has 12 locations. Click to view all Atlantic Coast Bank locations.