Community First Bank of Indiana is headquartered in Kokomo and is the 30th largest bank in the state of Indiana. It is also the 1,482nd largest bank in the nation. It was established in 2003 and as of June of 2022, it had grown to 181 employees at 7 locations. Community First Bank of Indiana's CD rates are 3X the national average, and it has an A health rating.
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.
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.
Overall | |
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FDIC Certificate # | 57511 |
Year Established | 2003 |
Employees | 181 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.87% |
Return on Equity - YTD | 8.62% |
Annual Interest Income | $14.7MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $606.7MM$513.0MM |
Loans | Q2 2022vs Q2 2021 | $451.3MM$397.6MM |
Deposits | Q2 2022vs Q2 2021 | $498.4MM$430.9MM |
Equity Capital | Q2 2022vs Q2 2021 | $61.3MM$51.3MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $7.0MM$5.8MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $2.1MM$1.4MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $642.00K$670.00K |
Always verify rates and promotions with the bank or credit union. We are not Community First Bank of Indiana; we are a rate comparison website and cannot provide official rates or promotions.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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4.00% | $1k | - | 24 Month IRA | |
3.00% | $1k | - | 36 Month IRA | |
3.00% | $1k | - | 48 Month IRA | |
3.00% | $1k | - | 60 Month IRA | |
2.25% | $1k | - | 12 Month IRA |
Community First Bank of Indiana Locations | ||
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Hoffer Street Branch | 1308 East Hoffer Street | Kokomo, IN 46902 |
Community First Bank Of Indiana | 201 W Sycamore St | Kokomo, IN 46901 |
Dixon Road Branch | 2101 South Dixon Road | Kokomo, IN 46902 |
Hamilton County Branch | 17661 Village Center Drive | Noblesville, IN 46062 |
Westfield Branch | 707 East State Road 32 | Westfield, IN 46074 |
South Junction | 381 South Junction Crossing | Westfield, IN 46074 |
North Meridian Street Branch | 9333 North Meridian Street, Suite 125 | Indianapolis, IN 46260 |