Community Bank, National Association
Community Bank, National Association is headquartered in Canton and is the 10th largest bank in the state of New York. It is also the 135th largest bank in the nation. It was established in 1866 and as of March of 2019, it had grown to 2,133 employees at 228 locations. Community Bank, National Association has an A health rating.
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Great bank, don't overlook!
When I first moved to a new city, Community Bank N.A. (then known as Liberty Bank) was the nearest to my apartment. I was surprised to find out that they also had a location in the middle of the shopping area I frequent most often, and a branch in my very small town, as well! The customer service representative was extremely helpful and sweet during the whole process, and wanted to see me get the most out of my account. Since then, every representative and teller has been equally great to talk to. They make all the processes rather simple and have never given me any run-around. On top of that, they offer totally free checking, which is fantastic for a low-budget full time student like me. When I moved to another town to transfer colleges, I was severely disappointed when I learned that they didn't have a location within an hour of the town, and tried several other banks, only to find them riddled with fees and nonsense that made me decide to just deal with the occasional long drive to deposit cash in return for the great services they offer. Once they rolled out mobile banking, this was no longer an issue, and I have never had a problem depositing checks or using their mobile app, although it's a bit rudimentary (they have made numerous upgrades to it recently). My only complaint about the bank is that the process to link mobile check deposit to my phone absolutely required showing up in person at a branch lobby to sign a form, when I needed to immediately make a deposit to pay a bill and my class times interfered with my ability to get there. However, it was still a very simple process. I have absolutely no desire to go elsewhere for banking. Don't overlook this small bank!
Savings and checking
Community Bank, N.A. has been our bank for well over 30 years, but online since 2014 or so. The security is above average, I'd say, since we have had to change passwords on a regular basis; sometimes because we incorrectly enter it more than three times and were locked out; usually because, at certain intervals through the year, the bank requires a new password to protect the integrity of our accounts. When logged on, we are able to view all of our accounts as well as our dependent children's accounts and we have transferred money from savings to checking and vice versa. We check our account on a several times per week basis in order to protect our credit. We have had troubles with hackers using the debit card associated with the checking account and we are promptly made aware of the problem by being able to check our account. Overall, we are satisfied with Community Bank, N.A.
Data as of Q1 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 6989 |
| Year Established | 1866 |
| Employees | 2133 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.29% |
| Return on Equity - YTD | 9.05% |
| Annual Interest Income | $93.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $10.71B$10.75B |
| Loans | Q1 2019vs Q1 2018 | $6.22B$6.18B |
| Deposits | Q1 2019vs Q1 2018 | $8.81B$8.90B |
| Equity Capital | Q1 2019vs Q1 2018 | $1.51B$1.46B |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $49.5MM$48.5MM |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $24.0MM$29.3MM |
| Real Estate Owned | Q1 2019vs Q1 2018 | $1.5MM$1.9MM |
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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, National Association Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | - | - | Free Savings |
Community Bank, National Association Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.30%* | $25k* | - | Prime Money Market | ||
| OTHER TIERS: 0.03% → $2.5k - $25k | |||||
Community Bank, National Association Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.01% | - | - | Direct Interest Checking |
Community Bank, National Association CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.00% | $1k | $1m | 55 Month CD | |
| 2.22% | $1k | $1m | 35 Month CD | |
| 1.11% | $1k | - | 13 Month CD |
