Overview / Commentary
352-369-1000
1603 Southwest 19th Avenue
Ocala, FL 34471

Community Bank and Trust of Florida is headquartered in Ocala and is the 28th largest bank in the state of Florida. It is also the 1,060th largest bank in the nation. It was established in 1998 and as of March of 2018, it had grown to 133 employees at 11 locations. Community Bank and Trust of Florida has an A health rating.

Reviews (2)

Community Banking

I've been with Community Bank and Trust of Florida for almost 5 years now. I've had previous accounts with large banks like Wells Fargo and Bank of America. I find the customer service with my local bank to be far superior to any of the experiences I had with the large banks. One time I purchased a product on Amazon and somehow Amazon tried to charge my account 3 times for the 1 purchase. I was able to call my bank,explain the situation and the resolved my issue immediately over the phone without me ever even having to contact amazon at all! It was the easiest and most convenient experience I've ever had with a bank. In addition to that situation my banks fees and account requirements are significantly lower than with the large banks. I believe the only possible drawback I could see is if I were to move away and not have access to a local branch. Otherwise as long as I live in my current area I will continue to be a customer of Community Bank and Trust of Florida!

Great bank, great community

I have been banking with them since I was fifteen. They have wonderful customer service. I had an issue with one of my paychecks not entering in, and they resolved in within ten minutes. No lines, quick access to people if you have questions or need to set up something with your account. Very friendly staff, and they just seem to always have the answers. They send out statements and give you information about what's going on with your money, or how they are trying to improve their business and yours. Just a great bank. I hear people having issues with other, bigger banks and I am glad that with this bank I don't deal with any of that myself. If I continue to live in the area that I am currently at, I will always have a bank account with them as long as they continue to keep their values.



Health

Health Grade Components

Overall
FDIC Certificate #34683
Year Established1998
Employees133
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.97%
Return on Equity - YTD11.63%
Annual Interest Income$5.7MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$701.9MM$662.2MM
LoansQ1 2018vs Q1 2017$285.8MM$271.8MM
DepositsQ1 2018vs Q1 2017$641.2MM$602.8MM
Equity CapitalQ1 2018vs Q1 2017$57.8MM$57.0MM
Loan Loss AllowanceQ1 2018vs Q1 2017$4.2MM$4.2MM
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$118.00K$379.00K
Real Estate OwnedQ1 2018vs Q1 2017$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Community Bank and Trust of Florida Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$1m*-First Class Savings IRA
OTHER TIERS: 0.10% Up to $10k | 0.15% $10k - $25k | 0.20% $25k - $1mm
0.25%*$1m*-First Class Savings
OTHER TIERS: 0.10% Up to $10k | 0.15% $10k - $25k | 0.20% $25k - $1mm

Community Bank and Trust of Florida Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$1m*-Prime Money Market
OTHER TIERS: 0.10% Up to $50k | 0.25% $50k - $1mm

Community Bank and Trust of Florida Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--Premier Checking
0.05%$1.5k-Classic Checking
0.05%$1.5k-Classic Workplace Checking

Community Bank and Trust of Florida CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.90%$3k-5 Year CD
1.60%$25k-21 Month CD
1.50%$3k-4 Year CD
1.35%$25k-14 Month CD
1.15%$3k-3 Year CD
0.80%$3k-30 Month CD
0.75%$25k-28 Month Rate Protection CD
0.70%$3k-2 Year CD
0.40%$3k-1 Year CD
0.30%$3k-180 Day CD
0.25%$3k-90 Day CD

Community Bank and Trust of Florida IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.05%$4k-3 Year Fixed IRA
0.60%$4k-2 Year Fixed IRA
0.30%$4k-1 Year Fixed IRA
0.20%$4k-180 Day Fixed IRA
Locations

Availability



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