BankPlus is headquartered in Belzoni and is the 6th largest bank in the state of Mississippi. It is also the 270th largest bank in the nation. It was established in 1909 and as of September of 2020, it had grown to 954 employees at 81 locations. BankPlus has an A health rating.
Comment On Bankplus In Poplarville, MS
Great bank with outstanding people at Bankplus in Poplarville, MS. I've been with this bank for over 30 years and have never had a problem. Since I am out of state, all my banking is done over the telephone and I am always satisfied with the outcome. I like calling the bank and talking to someone I know personally, that will take care of my banking needs. Small town bank with big time customer satisfaction. The President of the bank, Wayne Alexander, is a very good friend of mine and has always been very professional and forthright. I will continue to do business with this bank and strongly recommend them to everyone. Good home town bank with outstanding customer service!!!!!!!!!!
Bank Plus is a great starter bank!
I LOVE Bank Plus, and have been a customer for over 20 years. The knowledgeable staff is willing to assist with any question that I have. The fees sometimes can appear crazy, but times where I have incurred fees the customer service has been outstanding. In one instance my account over drafted due to the banks mistake, the bank called me to apologize about the mistake. It's customer service like this that makes me appreciate working with local bank groups.
Bankplus
Bankplus is overall a good bank. The best part about this bank is that they are open late until 7pm. They also over an app that you can use to complete most bank transactions. You can complete electronic deposits from your phone. This is very easy. They have friendly staff. They know me by name. Their rates are reasonable. They also give you an overdraft limit. For instance, mine is 2000 dollars. If I use this money though I still have to pay the overdraft limit, but it helps in time of need.
Do Not Bank With Them
Decided to give them a try as I was looking for a local bank to operate with. I deposited a small about into.the account around $500 upon opening. Used the account to pay for online Christmas stuff, etc. I have been charged $200 in overdraft charges and I cannot.see from any of the online sites where I have been overdrawn. As per the customer service rep, you are charged overdraft for pending transactions. I am unsure how that can happen since example: Stamps.com charged a pending $1 but and then reversed it. The bank has very shady practices. I was charged two ODF for venmo verifying the account. I understand now why this bank will never grow beyond it's small market. Customer service said it will refund $72 when that takes I will close the account. What an awful company. Customer service needs training in dealing with customers, she had the nerve cop an attitude when I started frustration over ODF FOR PENDING CHARGES. I have never heard of a bank doing this. I will stick with my regions, a legit bank.
Data as of Q3 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 5903 |
| Year Established | 1909 |
| Employees | 954 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1% |
| Return on Equity - YTD | 10.7% |
| Annual Interest Income | $122.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2020vs Q3 2019 | $4.55B$2.97B |
| Loans | Q3 2020vs Q3 2019 | $3.42B$2.10B |
| Deposits | Q3 2020vs Q3 2019 | $4.07B$2.61B |
| Equity Capital | Q3 2020vs Q3 2019 | $398.3MM$282.1MM |
| Loan Loss Allowance | Q3 2020vs Q3 2019 | $26.8MM$22.6MM |
| Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $15.9MM$14.7MM |
| Real Estate Owned | Q3 2020vs Q3 2019 | $4.9MM$2.0MM |
