Currency Bank

Currency Bank

Overview / Commentary
600 East Main Street
Oak Grove, LA 71263

Currency Bank is headquartered in OAK GROVE and is the 80th largest bank in the state of Louisiana. It is also the 3,141st largest bank in the nation. It was established in 1999 and as of March of 2024, it had grown to 18 employees at 3 locations. Currency Bank's CD rates are 6X the national average, and it boasts an A+ health rating.


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Health Grade Components

FDIC Certificate #35019
Year Established1999
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.17%
Return on Equity - YTD6.79%
Annual Interest Income$2.7MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$186.2MM$147.9MM
LoansQ1 2024vs Q1 2023$119.7MM$91.1MM
DepositsQ1 2024vs Q1 2023$152.5MM$116.5MM
Equity CapitalQ1 2024vs Q1 2023$32.4MM$30.6MM
Loan Loss AllowanceQ1 2024vs Q1 2023$2MM$1.1MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$180K$15K
Real Estate OwnedQ1 2024vs Q1 2023$0$0
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Currency Bank CD Rates

5.10%$2.5k-12 Month CD
4.30%$2.5k-24 Month CD

Currency Bank Locations
West Carroll Community Bank600 East Main StreetOak Grove, LA 71263
The Eudora Bank Main Office Branch111 North Main StreetEudora, AR 71640
Baton Rouge Branch7054 Jefferson HighwayBaton Rouge, LA 70806

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