Community Financial Services Bank


Overview / Commentary
270-527-6034
221 West Fifth Street
Benton, KY 42025

Community Financial Services Bank is headquartered in Benton and is the 9th largest bank in the state of Kentucky. It is also the 700th largest bank in the nation. It was established in 1890 and as of June of 2020, it had grown to 255 employees at 8 locations. Community Financial Services Bank has a C+ health rating.

Reviews (7)

Great Experiece

Posted by: |

Pleasant and helpful people that value my business. If you want someone to do a transaction for you to save you the effort to do it yourself this is the bank for you, even will call you back and follow up.

Good Bank To Do Business With

Posted by: |

My wife and I have separate checking accounts and I have a CD with CFSB. Customer service, when I've needed it, has been very good. No problems, no complaints - I'd recommend them.

Awesome Bank!

I've had an account here for about two years and am pleased. This bank is strictly on-line for me. The checking and savings yields are fantastic (if you follow the protocols) as is the service if you need to speak with someone on the phone. If you are looking for yield and service with a decent web interface, I'd highly reccomend CFSB.

Field Of Accepted Membership Requirements

Posted by: |

Thank you for your interest in a Kasasa Cash account with Community Financial Services Bank (CFSB). We are currently accepting applications from residents of Kentucky, Illinois, Indiana, Missouri, and Tennessee. If you are moving to this area, we would love the chance to be your community bank! We will be happy to process an application if you already have property located in one the states listed above.
I rated 5 because the other guy did. I have no experience with this bank.

Community Financial Services Bank

Posted by: |

Easy to start a new account, great rewards checking interest 3%, and fantastic customer service. I've had this bank as my bank for the past 21 months, and they recently helped me with a chargeback, and that was all settled with a refund the next day.

Community Financial Services Bank - Good Experience

Posted by: |

I have opened a ‘CD Special’ with CFSB recently and would recommend giving them business. If you are in their market area and would like to hear of my smooth experience, you can find my post under DA’s archived bank deals blog dated 4.25.19.

Account Openings Have Eligibility Requirements

Posted by: |

Limited market area. See web site.



Health
C+

Health Grade Components

Overall
FDIC Certificate #287
Year Established1890
Employees255
Primary RegulatorFED
Profit Margin
Return on Assets - YTD-0.48%
Return on Equity - YTD-5.49%
Annual Interest Income$27.9MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$1.34B$1.25B
LoansQ2 2020vs Q2 2019$998.3MM$978.2MM
DepositsQ2 2020vs Q2 2019$1.21B$1.13B
Equity CapitalQ2 2020vs Q2 2019$109.8MM$112.2MM
Loan Loss AllowanceQ2 2020vs Q2 2019$14.1MM$10.7MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$31.1MM$15.1MM
Real Estate OwnedQ2 2020vs Q2 2019$3.5MM$1.6MM
Rates
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Community Financial Services Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%-$30kKasasa Saver

Community Financial Services Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.79%-$20kKasasa Cash

Community Financial Services Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.80%$1k-9 Month CD Special

Community Financial Services Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.80%$1k-9 Month IRA Special
0.15%$25-12 Month Variable IRA
Locations


Community Financial Services Bank Locations
Calloway County Banking Center Branch1721 North 12th StreetMurray, KY 42071
Draffenville Banking Center Branch23 Highway 68 WestBenton, KY 42025
Mccracken County Banking Center Branch3390 Park AvenuePaducah, KY 42001
Calvert City Banking Center Branch456 5th AvenueCalvert City, KY 42029
Community Financial Services Bank221 West Fifth StreetBenton, KY 42025
Mccracken County Banking Center - So2550 Irvin Cobb DrivePaducah, KY 42003
Graves County Banking Center Branch100 Dick Castleman BypassMayfield, KY 42066
Calloway County Sycamore Banking Cen414 S 12th StreetMurray, KY 42071

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