Colony Bank Reviews and Rates

Colony Bank

Overview / Commentary

229-423-5446

302 South Main Street
Fitzgerald, GA 31750

Colony Bank is headquartered in Fitzgerald and is the 5^th largest bank in the state of Georgia. It is also the 415^th largest bank in the nation. It was established in 1976 and as of June of 2022, it had grown to 483 employees at 32 locations. Colony Bank has an A health rating.

View all posts from:

2006

5/21 - 5.75% 9-Month CD at a Georgia Bank
4/18 - 5.50% 9-Month CD at a Georgia Bank

Reviews (2)

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Experience With Colony Bank

Posted by: sofiadean | Mar 7, 2018

I have banked at my local bank for several years. The bank has grown a bit in this time but is still a local institution that I enjoy doing business with. I feel that their rates and fees are pretty much in line with competitors in the area. The website and mobile apps could be a little more user friendly in my opinion. Customer service has always been good with the exception of one teller who simply never has a smile or kind word to say.

Comment

Cashing Checks

Posted by: iraqvet08 | Aug 20, 2012

The biggest gripe with Colony Bank is dealing with cashing checks. No matter what kind of check, even a government issued check in the account holder's name is difficult to cash. If the account holder does not have the funds in their own account to cover the check, Colony Bank will not cash the check. This practise negates the whole purpose of checks. Colony bank wants the account holder to deposite the check in their account.

The staff are very friendly.

Comment

Health

Data as of Q2 2022

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	22257
Year Established	1976
Employees	483
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.68%
Return on Equity - YTD	7.88%
Annual Interest Income	$41.5MM

Assets and Liabilities
Assets	Q2 2022vs Q2 2021	$2.72B$1.75B
Loans	Q2 2022vs Q2 2021	$1.48B$1.04B
Deposits	Q2 2022vs Q2 2021	$2.40B$1.55B
Equity Capital	Q2 2022vs Q2 2021	$222.3MM$175.4MM
Loan Loss Allowance	Q2 2022vs Q2 2021	$14.0MM$12.9MM
Unbacked Noncurrent Loans	Q2 2022vs Q2 2021	$4.9MM$9.2MM
Real Estate Owned	Q2 2022vs Q2 2021	$246.00K$270.00K

Locations

Availability

Albany Area

Albany Area bank & credit union details

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