Community Bank of Raymore


Overview / Commentary
816-322-2100
801 West Foxwood Drive
Raymore, MO 64083-0200

Community Bank of Raymore is headquartered in RAYMORE and is the 93rd largest bank in the state of Missouri. It is also the 2,329th largest bank in the nation. It was established in 1979 and as of September of 2023, it had grown to 47 employees at 3 locations. Community Bank of Raymore has a F health rating.

Reviews (2)

Check Out This Rule

Posted by: |

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."

Not An Online Account

Posted by: |

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.



Health

Health Grade Components

Overall
FDIC Certificate #22867
Year Established1979
Employees47
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.67%
Return on Equity - YTD0%
Annual Interest Income$10MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$323MM$358.6MM
LoansQ3 2023vs Q3 2022$97.9MM$100.1MM
DepositsQ3 2023vs Q3 2022$329.3MM$364MM
Equity CapitalQ3 2023vs Q3 2022($8,555,000)($7,391,000)
Loan Loss AllowanceQ3 2023vs Q3 2022$1.4MM$1.9MM
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$172K$0
Real Estate OwnedQ3 2023vs Q3 2022$0$0
Rates

Rates for Community Bank of Raymore are currently being reviewed.

Locations


Community Bank of Raymore Locations
Harrisonville Branch1503 North State Route 291 HighwayHarrisonville, MO 64701
Peculiar Branch300 South State Route CPeculiar, MO 64078
Community Bank Of Raymore801 W Foxwood DrRaymore, MO 64083

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