Cypress Bank & Trust Reviews and Rates

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC

Member FDIC

3.60%

Our Rating

4.2 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.cypressbanktrust.com

321-306-4100

6115 N Wickham Rd
Melbourne, FL 32940

Cypress Bank & Trust is headquartered in MELBOURNE and is the 76^th largest bank in the state of Florida. It is also the 3,293^rd largest bank in the nation. It was established in 1996 and as of December of 2024, it had grown to 58 employees at 4 locations. Cypress Bank & Trust has an A+ health rating.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

A+

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	35506
Year Established	1996
Employees	58
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.28%
Return on Equity - YTD	2.64%
Annual Interest Income	$8.6MM

Assets and Liabilities
Assets	Q4 2024vs Q4 2023	$166MM$146.3MM
Loans	Q4 2024vs Q4 2023	$98.7MM$75.7MM
Deposits	Q4 2024vs Q4 2023	$140.5MM$123MM
Equity Capital	Q4 2024vs Q4 2023	$18MM$17.5MM
Loan Loss Allowance	Q4 2024vs Q4 2023	$1.3MM$944K
Unbacked Noncurrent Loans	Q4 2024vs Q4 2023	$0$0
Real Estate Owned	Q4 2024vs Q4 2023	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

4.35%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.60%

Our Rating

4.2 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Sorry, we do not have rate data for Cypress Bank & Trust.

Locations

Cypress Bank & Trust Locations
Cypress Bank & Trust	6115 N Wickham Rd	Melbourne, FL 32940
Jacksonville Branch	1910 San Marco Blvd	Jacksonville, FL 32207
Palm Beach Branch	251 Royal Palm Way	Palm Beach, FL 33480

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.