Alliance Bank is headquartered in Sulphur Springs and is the 82nd largest bank in the state of Texas. It is also the 1,037th largest bank in the nation. It was established in 1927 and as of December of 2015, it had grown to 187 employees at 12 locations. Alliance Bank has an A health rating.
I recently opened the Freedom Checking in Greenville at the satellite office since it was open later the main branch in town closes early like in the old days 3:00pm. CSR explained the account what was needed and such I received everything Card,checks,online in record time(less1week) only thing I did not like was that the pin did not so I just called and asked CSR said I could pick my own just stop in a branch and they will change it. BTW pin came a week after the other things. Best thing I see with this account other than the intrest is free duplicate checks and the the Visa Debit Card cannot be imprinted it has no raised lettering or numbers at all. Bad from the blog is the rate has been falling from over 5% to the present 4.5%
We switched to Alliance when we moved to Sulphur Springs last year, our real estate broker recommended it as her mother is one of the managers. Our old bank, Frost Bank, a bank we really liked did not have an office remotely close. We had been with Frost for years when we kicked Bank of America to the curb after 20+.
Alliance's website had a LOT to be desired. Both my husband and I are very internet savvy and I created and manage three websites. Their bill pay is a real hassle as it does not let you know the funds are on hold, so it is impossible to keep an accurate balance. Frost's system was MUCH better.
The last straw was that our auto deposits to both our accounts did not show up on the date it was sent. I called Alliance and they said it had not been transferred yet. So I called PBGC where our checks are sent from. Both online AND when I talked to PBGC it was showing the ETF as completed. The funds suddenly appeared on my account after my conversation with Alliance.
The only positive comment I can say is that the one office person we dealt with most of the time was very nice and helpful. But the telephone reps are something else.
|FDIC Certificate #||11569|
|Return on Assets - YTD||0.95%|
|Return on Equity - YTD||10%|
|Annual Interest Income||$19.6MM|
|Assets and Liabilities|
|Assets||Q4 2015vs Q4 2014||$675.8MM$642.9MM|
|Loans||Q4 2015vs Q4 2014||$306.1MM$269.3MM|
|Deposits||Q4 2015vs Q4 2014||$588.7MM$573.4MM|
|Equity Capital||Q4 2015vs Q4 2014||$63.1MM$60.7MM|
|Loan Loss Allowance||Q4 2015vs Q4 2014||$5.3MM$5.5MM|
|Unbacked Noncurrent Loans||Q4 2015vs Q4 2014||$10.00K$94.00K|
|Real Estate Owned||Q4 2015vs Q4 2014||$888.00K$1.1MM|
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
|APY||MIN||MAX||ACCOUNT NAME||VIEW DETAILS|
|OTHER TIERS: 0.25% → $25k+|
|Alliance Bank Locations|
|Alliance Bank||100 Jefferson Street||Sulphur Springs, TX 75482|
|Wolfe City Office||101 East Main||Wolfe City, TX 75496|
|Commerce Branch||1633 Highway 50||Commerce, TX 75496|
|Alliance Bank Branch||6130 S. Fm 549||Rockwall, TX 75032|
|6609 Wesley Street Branch||6609 Wesley Street||Greenville, TX 75402|
|Alliance Bank-Rockwall North||3045 N. Goliad Street||Rockwall, TX 75087|