BankPlus is headquartered in Belzoni and is the 5th largest bank in the state of Mississippi. It is also the 220th largest bank in the nation. It was established in 1909 and as of June of 2022, it had grown to 1,184 employees at 98 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.
Good enough for free!
Bankplus offers a free checking account with no monthly fees. I have my paycheck deposited there and it shows up on time every time. Their phone-based customer service has been very good, however the customer service I have received in store has been just so-so.
I had to get a replacement debit card because my card was charged with fraudulent charges. To do this I went to the bank, they gave me my replacement. Half-way home I realized the card had somebody else's name on it and I had to go back.
Overall, I've had a positive service from Bankplus, just watch out for their overdraft fees. If you overdraft, they will charge you an overdraft fee for every time you use the card that day, not just for the time that caused the overdraft.
Rip Off Bank Avoid
BankPlus (should be called BankMinus because they will minus your account in ways you cannot imagine)> BankPlus purchased First Bank and Trust in Covington and started charging a $6/month fee, pays $0 interest on money in the checking account and is charging overdraft fees of $38 every time you turn-around.
Part of this scam is they show you having two different balances in your single checking account, one is actual, and one is how much they will cover in excess of the real balance-very misleading. I am canceling this account-I have never had banking problems like this before.
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 5903 |
| Year Established | 1909 |
| Employees | 1184 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.07% |
| Return on Equity - YTD | 11.82% |
| Annual Interest Income | $102.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $6.57B$5.06B |
| Loans | Q2 2022vs Q2 2021 | $5.13B$3.46B |
| Deposits | Q2 2022vs Q2 2021 | $5.85B$4.57B |
| Equity Capital | Q2 2022vs Q2 2021 | $649.4MM$422.1MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $43.4MM$42.0MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $9.7MM$13.2MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $5.2MM$5.5MM |
