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 37th largest bank in the state of Michigan. It is also the 1,910th largest bank in the nation. It was established in 1936 and as of March of 2023, it had grown to 88 employees at 6 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

Health Grade Components

Overall
FDIC Certificate #29846
Year Established1936
Employees88
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.53%
Return on Equity - YTD4.82%
Annual Interest Income$4.8MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$443.2MM$446.3MM
LoansQ1 2023vs Q1 2022$211.3MM$181.8MM
DepositsQ1 2023vs Q1 2022$346.1MM$363.2MM
Equity CapitalQ1 2023vs Q1 2022$51.2MM$53.9MM
Loan Loss AllowanceQ1 2023vs Q1 2022$2.3MM$2.8MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$614.00K$917.00K
Real Estate OwnedQ1 2023vs Q1 2022$0$0
Rates

Sorry, we do not have rate data for Eaton Community Bank.

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

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