BayFirst National Bank

Overview / Commentary
700 Central Ave
Saint Petersburg, FL 33701

BayFirst National Bank is headquartered in Saint Petersburg and is the 32nd largest bank in the state of Florida. It is also the 1,052nd largest bank in the nation. It was established in 1999 and as of June of 2022, it had grown to 490 employees at 7 locations. BayFirst National Bank's money market rates are 9X the national average, and it boasts an A+ health rating.

Reviews (1)


Posted by: |

Tiny, backwoods "bank" with fewer than 80 employees total, spread across five branches in hinterlands of South Florida. Unlike the major, national banks, this has NO Customer Service department of its own. Instead, you will have to deal with uneducated, emotional, unprofessional juveniles who are rude, incompetent, or both. These hick kids even make personal remarks about your "private" transactions. Worse, for ATM problems, this "bank" is so tiny and inferior they must contract with a third-party cubicle hive that clearly couldn't care less. FHB's local reputation is so bad, they have to pay a cash bonus to unsuspecting newcomers to persuade them to open an account. After one month with their constant mistakes over EVERY TRANSACTION, I'm returning the bonus and closing the accounts, since their employees' incompetence has cost me far more m time. If your time is worthless, you prefer teen angst to professional service, and you love NOT having ANY ACCESS to your own money, FHB is for you. If you're an adult seeking a real bank, look elsewhere.


Health Grade Components

FDIC Certificate #34997
Year Established1999
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.1%
Return on Equity - YTD0.89%
Annual Interest Income$16.4MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$921.3MM$1.20B
LoansQ2 2022vs Q2 2021$706.8MM$1.00B
DepositsQ2 2022vs Q2 2021$766.2MM$634.0MM
Equity CapitalQ2 2022vs Q2 2021$101.7MM$99.3MM
Loan Loss AllowanceQ2 2022vs Q2 2021$9.6MM$20.8MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$247.00K$1.2MM
Real Estate OwnedQ2 2022vs Q2 2021$56.00K$0
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not BayFirst National Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

BayFirst National Bank Savings Account Rates

5.04%*-$500Kids Club Savings Account
OTHER TIERS: 1.00% $3k+ | 2.97% $500 - $3k

BayFirst National Bank Money Market Rates

4.01%*$50k*-BayLive Money Market Account
OTHER TIERS: 1.01% $10k - $25k | 2.01% $25k - $50k

BayFirst National Bank Checking Account Rates

3.01%*-$25kBayLive Checking
OTHER TIERS: 0.50% $25k+
1.01%--Teen Checking

BayFirst National Bank Locations
Pinellas Park Office5250 Park BoulevardPinellas Park, FL 33781
First Home Bank700 Central AveSaint Petersburg, FL 33701
St. Petersburg Office Branch9190 Seminole BlvdSeminole, FL 33772
Countryside Branch2520 Countryside BoulevardClearwater, FL 33763
Sarasota Branch2033 Main Street, Suite 101Sarasota, FL 34237
Tampa Branch3015 West Columbus DriveTampa, FL 33607
Belleair Bluffs Branch401 N. Indian Rocks Rd.Belleair Bluffs, FL 33770

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.