Community National Bank (24897)

Overview / Commentary
500 W. Illinois Ave.
Midland, TX 79701

Community National Bank (24897) is headquartered in MIDLAND and is the 53rd largest bank in the state of Texas. It is also the 543rd largest bank in the nation. It was established in 1984 and as of March of 2024, it had grown to 250 employees at 12 locations. Community National Bank (24897)'s money market rates are 8X the national average, and it boasts an A+ health rating.

Reviews (1)

Disregard For Customers

Posted by: |

I have several banks I use. This bank has the worst customer relations I have seen any where. It is impossible to reach someone at local bank by telephone. All calls go to a central number in Lubbock. That takes a long while on hold just to speak to the call assistant. They can't always help as the banking is done at the local bank. I dial the local bank and put in the spellihg of the banker they give me and indicates no one by that name is at the bank. Takes the long waiting again back to Lubbock. When I do get a local person extension, I leave a message several times with no return call. I made a large deposit it doesn't show it was made even though I have a receipt. This banking doesn't make sense all the way around. The teller machines at the bank do not work properly. Going into the bank, the staff don't look busy and no other customers and they are not in a hurry to help.


Health Grade Components

FDIC Certificate #24897
Year Established1984
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD2.29%
Return on Equity - YTD21.2%
Annual Interest Income$31.9MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$2.17B$1.96B
LoansQ1 2024vs Q1 2023$1.45B$1.3B
DepositsQ1 2024vs Q1 2023$1.91B$1.74B
Equity CapitalQ1 2024vs Q1 2023$236.7MM$193.2MM
Loan Loss AllowanceQ1 2024vs Q1 2023$23.3MM$22.5MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$571K$1.7MM
Real Estate OwnedQ1 2024vs Q1 2023$0$0
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Always verify rates and promotions with the bank or credit union. We are not Community National Bank (24897); we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Community National Bank (24897) Savings Account Rates

1.00%$0-Health Savings Account
1.00%$0-Savings Account
1.00%$0-Business Savings Account

Community National Bank (24897) Money Market Rates

3.35%*$5m*-Money Market
OTHER TIERS: 1.76% $0 - $25k | 2.02% $25k - $50k | 2.27% $50k - $1m | 2.53% $1m - $5m
3.35%*$5m*-Business Money Market
OTHER TIERS: 1.76% $0 - $25k | 2.02% $25k - $50k | 2.27% $50k - $1m | 2.53% $1m - $5m

Community National Bank (24897) Checking Account Rates

0.40%$0-NOW Account

Community National Bank (24897) CD Rates

4.84%$1k-90 Day CD
4.81%$1k-180 Day CD
4.75%$1k-12 Month CD
4.58%$1k-60 Day CD
4.33%$1k-30 Day CD
3.75%$1k-18 Month CD
3.75%$1k-24 Month CD
3.50%*$100k*-36 Month CD
OTHER TIERS: 3.25% $1k - $100k

Community National Bank (24897) IRA Rates

4.75%$100-12 Month IRA
3.75%$100-24 Month IRA
3.50%*$100k*-36 Month IRA
OTHER TIERS: 3.25% $100 - $100k


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