Chambers Bank is headquartered in Danville and is the 13th largest bank in the state of Arkansas. It is also the 830th largest bank in the nation. It was established in 1930 and as of December of 2019, it had grown to 257 employees at 29 locations. Chambers Bank has an A+ health rating.
After testing both local and online banks and being let down I decided to give Chambers Bank in Conway a try. So far it's been a great experience and although they do not have very good interest rates their superior customer service and knowledgeable staff that offer a wide range of products really made me glad to choose them anyway. So far a great experience, and I will update again once I have more experience with them but so far so good.
Firstly, these people have not been very kind to me in general, and that's not ideal. It took THREE MONTHS for me to even be allowed to do mobile deposit. It cost $100 -- not $50 to open just a checking account, and even more to open savings. They're not open on Saturdays. I'm not really happy banking here, and I was much happier in Oregon, but beggars cannot be choosers in this sort of situations. Small towns don't have much to offer in terms of banking. They're not flexible on overdraft fees either. I once accidentally overdrafted FOUR items under five dollars, and they charged me $35 on all four of them. Ridiculous.
|FDIC Certificate #||5615|
|Return on Assets - YTD||0.92%|
|Return on Equity - YTD||8.19%|
|Annual Interest Income||$42.1MM|
|Assets and Liabilities|
|Assets||Q4 2019vs Q4 2018||$971.7MM$822.3MM|
|Loans||Q4 2019vs Q4 2018||$790.9MM$704.4MM|
|Deposits||Q4 2019vs Q4 2018||$785.0MM$645.6MM|
|Equity Capital||Q4 2019vs Q4 2018||$99.6MM$99.9MM|
|Loan Loss Allowance||Q4 2019vs Q4 2018||$8.0MM$8.7MM|
|Unbacked Noncurrent Loans||Q4 2019vs Q4 2018||$1.9MM$973.00K|
|Real Estate Owned||Q4 2019vs Q4 2018||$1.1MM$5.2MM|
Sorry, we do not have rate data for Chambers Bank.