Community First Bank of Indiana

Overview / Commentary
201 West Sycamore Street
Kokomo, IN 46901

Community First Bank of Indiana is headquartered in Kokomo and is the 38th largest bank in the state of Indiana. It is also the 1,871st largest bank in the nation. It was established in 2003 and as of June of 2020, it had grown to 86 employees at 6 locations. Community First Bank of Indiana has an A health rating.

Related Posts

Community First Bank (IN) Unveils 25-Month CD Special, 2.50% APY - 12/7/2019

Community First Bank of Indiana has two new CD Specials - 25-month (2.50% APY) and 17-month (2.25% APY). Minimum opening deposit is $25k, with no stated balance cap.

Reviews (2)

Went Above And Beyond. Great Bank.

Posted by: |

Great service.
I called up about CD rates and discussed in detail the rate I would get. Based on that phone call I withdrew money at another bank and drove over to the CFB bank to get the CD.
They informed me that the person made a mistake and the rate I was quoted had expired the week prior. However, they discussed the situation with managers and they went ahead and honored the rate I was told over the phone.
Over the years I have never had any issues with this bank. CFB is also one of the easiest banks to deal with out of all the banks I have accounts.

Community First Bank Kokomo "Good Ole Boys"

Posted by: |

Unless you are in the "good ole boy network" you can forget about getting loans or being treated fairly at this bank. The loan officers pick and choose who they do business with based on "who you know" or, "what can you do for them in return" regardless of good credit, or a strong book of business. Typical small town crooked bank that caters to only a select few.


Health Grade Components

FDIC Certificate #57511
Year Established2003
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.69%
Return on Equity - YTD6.97%
Annual Interest Income$8.2MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$412.5MM$282.4MM
LoansQ2 2020vs Q2 2019$336.1MM$230.2MM
DepositsQ2 2020vs Q2 2019$364.0MM$248.9MM
Equity CapitalQ2 2020vs Q2 2019$35.5MM$30.7MM
Loan Loss AllowanceQ2 2020vs Q2 2019$4.7MM$4.3MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$803.00K$157.00K
Real Estate OwnedQ2 2020vs Q2 2019$0$95.00K
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Community First Bank of Indiana CD Rates

1.40%$1k-60 Month CD
1.30%$1k-48 Month CD
1.15%$1k-36 Month CD
1.00%$1k-24 Month CD
0.90%$1k-18 Month CD
0.75%$1k-12 Month CD
0.55%$1k-6 Month CD
0.40%$1k-3 Month CD
0.10%$25k-30 Day CD

Community First Bank of Indiana IRA Rates

1.40%$1k-60 Month IRA
1.30%$1k-48 Month IRA
1.15%$1k-36 Month IRA
1.00%$1k-24 Month IRA
0.75%$1k-12 Month IRA

Community First Bank of Indiana Locations
Hoffer Street Branch1308 East Hoffer StreetKokomo, IN 46902
Community First Bank Of Indiana201 West Sycamore StreetKokomo, IN 46901
Dixon Road Branch2101 South Dixon RoadKokomo, IN 46902
Hamilton County Branch17661 Village Center DriveNoblesville, IN 46062
Westfield Branch707 East State Road 32Westfield, IN 46074
South Junction381 South Junction CrossingWestfield, IN 46074

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