Community Bank and Trust of Florida
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.35% | 5-year CD | |
| 0.85% | 1-year CD | |
| 0.80% | Savings | 2.20% - Barclays Online Savings Account |
From the Bank
Since its opening in 1998 as Community Bank of Marion County, Community Bank & Trust of Florida has been dedicated to delivering personalized banking services to our friends and neighbors in the North Central Florida area.
We’re dedicated to helping to improve the lives of the people we serve in Ocala, Gainesville, The Villages and throughout Marion, Alachua and Sumter counties. This is exemplified by the tailored and personalized banking services that we deliver to both consumers and businesses and our involvement in the communities that we serve. From personal and business loans and affordable checking programs, to convenient online and mobile banking that puts our services at your fingertips, we give you the tools you need to reach your financial goals.
As an organization and as individuals, we’re also committed to being active in the communities where we live and work. We contribute to local charitable organizations, support educational activities and you can see our employees at community events in Ocala, Gainesville, The Villages and throughout Marion, Alachua and Sumter counties.
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.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 34683 |
| Year Established | 1998 |
| Employees | 134 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.1% |
| Return on Equity - YTD | 13.3% |
| Annual Interest Income | $23.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $738.9MM$709.7MM |
| Loans | Q4 2018vs Q4 2017 | $302.2MM$282.8MM |
| Deposits | Q4 2018vs Q4 2017 | $673.6MM$647.0MM |
| Equity Capital | Q4 2018vs Q4 2017 | $62.2MM$60.0MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $4.0MM$4.2MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $25.00K$122.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Community Bank and Trust of Florida; 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.
Community Bank and Trust of Florida Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.80%* | $1m* | - | First Class Savings IRA | ||
| OTHER TIERS: 0.50% → Up to $10k | 0.55% → $10k - $25k | 0.60% → $25k - $50k | 0.65% → $50k - $300k | 0.75% → $300k - $1m | |||||
| 0.80%* | $1m* | - | First Class Savings | ||
| OTHER TIERS: 0.50% → Up to $10k | 0.55% → $10k - $25k | 0.60% → $25k - $50k | 0.65% → $50k - $300k | 0.75% → $300k - $1m | |||||
Community Bank and Trust of Florida Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.80%* | $1m* | - | Prime Money Market | ||
| OTHER TIERS: 0.50% → Up to $50k | 0.65% → $50k - $300k | 0.75% → $300k - $1m | |||||
Community Bank and Trust of Florida Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.15% | - | - | Premier Checking | |
| 0.10% | $1.5k | - | Classic Checking | |
| 0.10% | $1.5k | - | Classic Workplace Checking |
Community Bank and Trust of Florida CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.35% | $3k | - | 5 Year CD | |
| 2.35% | $25k | - | 21 Month CD | |
| 2.10% | $25k | - | 14 Month CD | |
| 2.00% | $3k | - | 4 Year CD | |
| 1.60% | $3k | - | 3 Year CD | |
| 1.35% | $3k | - | 30 Month CD | |
| 1.30% | $25k | - | 28 Month Rate Protection CD | |
| 1.15% | $3k | - | 2 Year CD | |
| 0.85% | $3k | - | 1 Year CD | |
| 0.75% | $3k | - | 180 Day CD | |
| 0.70% | $3k | - | 90 Day CD |
Community Bank and Trust of Florida IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.50% | $4k | - | 3 Year Fixed IRA | |
| 1.05% | $4k | - | 2 Year Fixed IRA | |
| 0.75% | $4k | - | 1 Year Fixed IRA | |
| 0.65% | $4k | - | 180 Day Fixed IRA |
