Anchor Bank (FL)

Overview / Commentary
4500 PGA Blvd
Palm Beach Gardens, FL 33418

Anchor Bank (FL) is headquartered in Palm Beach Garde and is the 72nd largest bank in the state of Florida. It is also the 2,855th largest bank in the nation. It was established in 2005 and as of June of 2022, it had grown to 40 employees at 6 locations. Anchor Bank (FL)'s savings rates are 92% higher than the national average, and it has an A health rating.


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Health Grade Components

FDIC Certificate #57931
Year Established2005
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.43%
Return on Equity - YTD4.65%
Annual Interest Income$4.1MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$234.7MM$169.8MM
LoansQ2 2022vs Q2 2021$181.9MM$129.0MM
DepositsQ2 2022vs Q2 2021$188.8MM$131.6MM
Equity CapitalQ2 2022vs Q2 2021$22.4MM$14.2MM
Loan Loss AllowanceQ2 2022vs Q2 2021$1.0MM$975.00K
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$1.1MM$126.00K
Real Estate OwnedQ2 2022vs Q2 2021$0$0
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Anchor Bank (FL) Savings Account Rates

1.00%-$100kKasasa Saver

Anchor Bank (FL) Checking Account Rates

2.50%-$25kKasasa Cash Checking

Anchor Bank (FL) Locations
Anchor Commercial Bank4500 Pga BlvdPalm Beach Gardens, FL 33418
Boca Raton Branch1180 N. Federal HighwayBoca Raton, FL 33432
Hallandale Branch900 North Federal HighwayHallandale Beach, FL 33009
Lake Worth Branch6805 Lake Worth RoadGreenacres, FL 33467
Coral Gables Branch2100 Ponce De Leon BlvdCoral Gables, FL 33134

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