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478-722-6200
4219 Forsyth Road
Macon, GA 31210

State Bank and Trust Company is headquartered in Macon and is the 7th largest bank in the state of Georgia. It is also the 278th largest bank in the nation. It was established in 2005 and as of December of 2013, it had grown to 569 employees at 24 locations. State Bank and Trust Company's money market rates are 14% higher than the national average, and it has a A health rating.

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Reviews (4)

Bad Experience

The bank location in Atlanta is the worst bank I have ever dealt with. They seem to be more concerned with how many departments they have and how more important they think they are than customer needs. What should take a day to get resolved takes weeks.

I have moved all of my accounts to another bank that seems to really care about customer service. I have been a businessman for over 20 years, and dealt with several banks which all are better than State Bank& Trust, in my experience.

Cut Throat And Greedy

Poor and not recommended.

Investment Busness Loans

I have a loan with State Bank only for the fact that the bank I had this loan with was taken over by State Bank. I can not and will not tell any one to use this bank. It is the hardest bank and people to work with that I have ever had any dealings with. DO NOT USE THEM!

This Is By Far The Best Bank I Have Ever Dealt With

This is by far the best bank I have ever dealt with. I moved all of my accounts to this bank after I became fed up with my former very large bank, and I am so glad I switched. I have a checking account, debit card, and money market account with State Bank & Trust. My checking earns a small amount of interest each month. Even better, if I have at least 10 credit-based transactions on my debit card each month, I earn a high interest rate on my money market account. I never pay any fees on any of these accounts, and earn extra money through the interest payments each month. Every person I have interacted with at this bank has been extremely helpful. The tellers are very friendly and care about giving you great customer service. State Bank & Trust also provides online banking which is very convenient and easy to use. I often transfer money online between my checking and money market accounts and never have any problems. My only complaint is I wish they stayed open later on weekdays or had Saturday hours. However, that is a small issue and the superior customer service and interest rates I receive are well worth it!



Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 State Bank and Trust Company had $43.27 million in non-current loans and owned real-estate with $413.82 million in equity and loan loss allowances on hand to cover it. This gives State Bank and Trust Company a Texas Ratio of 10.46% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for State Bank and Trust Company decreased dramatically from 34.78% as of December 31, 2012 to 10.46% as of December 31, 2013, resulting in a positive change of 69.94%.This indicates that the balance sheet and financial strength for State Bank and Trust Company has improved dramatically in recent periods.

Deposit Growth

GRADE:
B

In the past year, State Bank and Trust Company has increased its total deposits by $1.2 million, resulting in 0.06% 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 State Bank and Trust Company has shown is above average.

Capitalization

GRADE:
A+

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. State Bank and Trust Company has $2.6 billion in assets with $413.82 million in equity, resulting in a capitalization level of 15.90%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #57870
Year Established2005
Employees569
Primary RegulatorFDIC
Assets and Liabilities
Assets$2.60 billion
Loans$1.35 billion
Deposits$2.18 billion
Equity Capital$379.76 million
Loan Loss Allowance$34.07 million
Unbacked Noncurrent Loans$42.31 million
Real Estate Owned$965,000
Historic Data - December 2012
Assets$2.66 billion
Equity Capital$394.41 million
Loan Loss Allowance$70.14 million
Unbacked Noncurrent Loans$42.31 million
Real Estate Owned$1.12 million
Profit Margin - Quarterly
Net Interest Margin8.45%
Return on Assets0.53%
Return on Equity3.65%
Interest Income$193.93 million
Rates

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

State Bank and Trust Company Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.25%$100-Savings Account
0.25%$100-Commercial Savings Account
0.25%$100-eSavings Account

State Bank and Trust Company Money Market Rates

DetailsAPYMINMAXPRODUCT
0.50%--Premium Rate MM w/ qualifying checking account
0.25%$2,500-New State of Banking Money Market
0.25%$2,500-Business New State of Banking Money Market
0.25%$2,500-Personal eMoney Market

State Bank and Trust Company Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.15%$50k-Premium Select Checking
0.05%--Direct Deposit Interest Checking
0.05%--50+ Interest Checking

State Bank and Trust Company CD Rates

DetailsAPYMINMAXPRODUCT
0.90%$1k-60 Month CD
0.90%$1k-60 Month eCD
0.80%$1k-22 Month CD w/ Relationship
0.80%$1k-22 Month eCD w/ Relationship
0.70%$1k-48 Month CD
0.70%$1k-48 Month eCD
0.60%$1k-36 Month CD
0.60%$1k-36 Month eCD
0.55%$1k-15 Month CD w/ Relationship
0.55%$1k-15 Month eCD w/ Relationship
0.50%$1k-24 Month CD
0.50%$1k-24 Month eCD
0.40%$1k-18 Month CD
0.40%$1k-18 Month eCD
0.30%$1k-12 Month CD
0.30%$1k-12 Month eCD
0.15%$1k-6 Month CD
0.15%$1k-6 Month eCD
0.10%$1k-3 Month CD
0.10%$1k-3 Month eCD
0.05%$1k-30 Day CD
0.05%$1k-30 Day eCD

State Bank and Trust Company IRA Rates

DetailsAPYMINMAXPRODUCT
0.90%$1k-60 Month IRA (Traditional,Roth)
0.80%$1k-22 Month IRA w/ Relationship (Traditional,Roth)
0.70%$1k-48 Month IRA (Traditional,Roth)
0.60%$1k-36 Month IRA (Traditional,Roth)
0.55%$1k-15 Month IRA w/ Relationship (Traditional,Roth)
0.50%$1k-24 Month IRA (Traditional,Roth)
0.40%$1k-18 Month IRA (Traditional,Roth)
0.30%$1k-12 Month IRA (Traditional,Roth)
0.15%$1k-6 Month IRA (Traditional,Roth)
0.10%$1k-3 Month IRA (Traditional,Roth)
0.05%$1k-30 Day IRA (Traditional,Roth)
Locations

State Bank and Trust Company has 21 locations. Click to view all State Bank and Trust Company locations.