Community First Bank of Indiana


Overview / Commentary
765-236-0600
201 West Sycamore Street
Kokomo, IN 46901

Community First Bank of Indiana is headquartered in KOKOMO and is the 29th largest bank in the state of Indiana. It is also the 1,378th largest bank in the nation. It was established in 2003 and as of March of 2023, it had grown to 196 employees at 7 locations. Community First Bank of Indiana's CD rates are 3X the national average, and it boasts an A+ health rating.

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
A+

Health Grade Components

Overall
FDIC Certificate #57511
Year Established2003
Employees196
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.17%
Return on Equity - YTD10.81%
Annual Interest Income$10.6MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$658.4MM$580.6MM
LoansQ1 2023vs Q1 2022$542.0MM$429.2MM
DepositsQ1 2023vs Q1 2022$548.4MM$474.7MM
Equity CapitalQ1 2023vs Q1 2022$70.3MM$60.3MM
Loan Loss AllowanceQ1 2023vs Q1 2022$9.0MM$6.7MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$2.8MM$1.3MM
Real Estate OwnedQ1 2023vs Q1 2022$541.00K$642.00K
Rates
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Community First Bank of Indiana CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.25%$1k-13 Month CD Special
5.00%$1k-33 Month CD Special
5.00%$1k-7 Month CD Special
5.00%$1k-20 Month CD Special
4.00%$1k-59 Month CD Special
2.25%$1k-12 Month CD
2.25%$1k-18 Month CD
2.25%$1k-24 Month CD
2.25%$1k-36 Month CD
2.25%$1k-48 Month CD
2.25%$1k-60 Month CD
1.50%$1k-6 Month CD
1.25%$1k-3 Month CD
0.60%$25k-30 Day CD

Community First Bank of Indiana IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.25%$1k-12 Month IRA
2.25%$1k-24 Month IRA
2.25%$1k-36 Month IRA
2.25%$1k-48 Month IRA
2.25%$1k-60 Month IRA
2.25%$1k-18 Month IRA
Locations


Community First Bank of Indiana Locations
Hoffer Street Branch1308 East Hoffer StreetKokomo, IN 46902
Community First Bank Of Indiana201 W Sycamore StKokomo, 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
North Meridian Street Branch9333 North Meridian Street, Suite 125Indianapolis, IN 46260

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