Community Bank of Raymore is headquartered in RAYMORE and is the 96th largest bank in the state of Missouri. It is also the 2,441st largest bank in the nation. It was established in 1979 and as of December of 2024, it had grown to 43 employees at 3 locations. Community Bank of Raymore's savings rates are 5X the national average, and it has a B health rating.
I was considering opening a Premier Money Management account with the Community Bank of Raymore until I read this, "Complimentary withdrawals are permitted on the 2nd and 4th Wednesdays of each month. In the event the assigned Wednesdays fall on a holiday, withdrawals may be made on the following business day. Withdrawals outside of the allotted schedule are subject to a $25 fee."
I just telephoned this bank and this is not an online account. You have to go into the physical bank to open this account.
And their policy states the following:
"Withdrawals can be made on the 2nd and 4th Wednesdays of each month. If these days fall on a holiday, withdrawals will be allowed the following day. Any withdrawal exceptions will be charged a $25 fee."
So basically you can only make withdrawals without a $25 charge on two days per month.
Overall | |
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FDIC Certificate # | 22867 |
Year Established | 1979 |
Employees | 43 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.65% |
Return on Equity - YTD | 344.47% |
Annual Interest Income | $14MM |
Assets and Liabilities | ||
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Assets | Q4 2024vs Q4 2023 | $312.3MM$334.4MM |
Loans | Q4 2024vs Q4 2023 | $98.7MM$102.4MM |
Deposits | Q4 2024vs Q4 2023 | $307.7MM$333.5MM |
Equity Capital | Q4 2024vs Q4 2023 | $2.5MM($1,323,000) |
Loan Loss Allowance | Q4 2024vs Q4 2023 | $832K$1.2MM |
Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $147K$246K |
Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Community Bank of Raymore; 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
2.76% | $25 | - | Premier Money Management Account - In branch only | ||
0.20%* | $0 | $10k | Kasasa Saver | ||
OTHER TIERS: 0.05% → $10k+ | |||||
0.05% | $25 | - | Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.51% | $0 | $10k | Kasasa Cash | ||
0.15%* | $2.5k* | - | Wall Street Checking | ||
OTHER TIERS: 0.05% → $0 - $2.5k | |||||
0.05% | $0 | - | Interest Checking | ||
0.05% | $0 | - | Business Interest Checking |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | $500 | - | 4 Year IRA | |
0.05% | $500 | - | 1 Year IRA | |
0.05% | $500 | - | 2 Year IRA | |
0.05% | $500 | - | 3 Year IRA |
Community Bank of Raymore Locations | ||
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Harrisonville Branch | 1503 North State Route 291 Highway | Harrisonville, MO 64701 |
Peculiar Branch | 300 South State Route C | Peculiar, MO 64078 |
Community Bank Of Raymore | 801 W Foxwood Dr | Raymore, MO 64083 |