Fannin Bank


Overview / Commentary
903-583-5522
230 East 3rd Street
Bonham, TX 75418

Fannin Bank is headquartered in Bonham and is the 317th largest bank in the state of Texas. It is also the 3,729th largest bank in the nation. It was established in 1925 and as of December of 2020, it had grown to 32 employees at 2 locations. Fannin Bank has an A health rating.

Related Posts

Rate Dropping 5/1/2020 - 5/1/2020

Spoke with person at the bank on April 30,2020. Must go to the bank to sign up and I was informed that effective May 1, 2020, the interest rate will drop to 2.5% !! Not worth the drive and hassle for me to open an account, change direct deposit, etc. Grrrrrrr

View all posts from:


Reviews (1)

Interest Rate Lowered To 2.5%

Posted by: |

Spoke with Fannin Bank the other day about opening an account. They do not have any way to open an account online....They require you to go into one of their branches to open an account. Nearest branch is over 100 miles away???
I was willing to drive there until the lady told me that they were reducing their interest rate to 2.5% effective May 1st, 2020. That was the deal breaker for me...but glad she told me and saved me a trip.

BTW: Their website still shows their Kasasa Checking account pays 3.5%. It might be a good thing if they updated their website with the truth !



Health

Health Grade Components

Overall
FDIC Certificate #5589
Year Established1925
Employees32
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.76%
Return on Equity - YTD8.72%
Annual Interest Income$5.6MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$128.7MM$110.6MM
LoansQ4 2020vs Q4 2019$68.6MM$68.7MM
DepositsQ4 2020vs Q4 2019$109.5MM$92.3MM
Equity CapitalQ4 2020vs Q4 2019$11.3MM$10.2MM
Loan Loss AllowanceQ4 2020vs Q4 2019$1.1MM$1.0MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$946.00K$1.7MM
Real Estate OwnedQ4 2020vs Q4 2019$0$0
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Fannin Bank; 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.

Fannin Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*-$20kKasasa Cash
OTHER TIERS: 0.15% $20k - $100k
Locations


Fannin Bank Locations
Fannin Bank230 East 3rd StreetBonham, TX 75418
Honey Grove Branch901 E. MainHoney Grove, TX 75446

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.