Eaton Community Bank


Overview / Commentary
517-543-3880
236 South Cochran Avenue
Charlotte, MI 48813

Eaton Community Bank is headquartered in Charlotte and is the 35th largest bank in the state of Michigan. It is also the 1,897th largest bank in the nation. It was established in 1936 and as of September of 2020, it had grown to 83 employees at 7 locations. Eaton Community Bank has an A+ health rating.

Reviews (1)

Best Bank You can Imagine

Posted by: |

Eaton Federal Savings Bank is the best bank you can imagine. Their customer service is top notch. We live in a poorer community with a lot of elderly people. These people survey on social security and most don't have checking accounts. They get their monthly Social Security check directly deposited by the federal government into their Eaon Federal Savings Account. Many of these elderly people come into Eaton Federal Savings Bank the day their Social Security check is deposited in their savings account. They come with all of their monthly bills and bring them to the bank tellers. The bank tellers will then write money orders for each of these elderly persons' bills and mail them. It is an incredible service for these people that the bank does not charge for. My favorite service I use at the bank is free checking. There is no monthly fee and no minimum balance for this account. You also get an ATM card with this account. It is a great bank.



Health
A+

Health Grade Components

Overall
FDIC Certificate #29846
Year Established1936
Employees83
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD4.31%
Annual Interest Income$10.1MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$407.7MM$371.5MM
LoansQ3 2020vs Q3 2019$220.2MM$227.7MM
DepositsQ3 2020vs Q3 2019$305.2MM$270.9MM
Equity CapitalQ3 2020vs Q3 2019$60.7MM$57.3MM
Loan Loss AllowanceQ3 2020vs Q3 2019$2.5MM$2.3MM
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$1.4MM$1.8MM
Real Estate OwnedQ3 2020vs Q3 2019$223.00K$0
Rates

Rates for Eaton Community Bank are currently being reviewed.

Locations


Eaton Community Bank Locations
103 S Main Branch103 South MainOlivet, MI 49076
109 S Main Branch109 South MainNashville, MI 49073
Eaton Federal Savings Bank236 S Cochran AveCharlotte, MI 48813
307 South Main Branch307 South MainEaton Rapids, MI 48827
Grand Ledge Branch500 South ClintonGrand Ledge, MI 48837
Sockbrige Br122 West Main StreetStockbridge, MI 49285
Gregory Branch223 North Main StreetGregory, MI 48137

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