Georgia Banking Company is headquartered in ATLANTA and is the 10th largest bank in the state of Georgia. It is also the 620th largest bank in the nation. It was established in 2001 and as of June of 2024, it had grown to 189 employees at 7 locations. Georgia Banking Company has a B+ health rating.
I have been trying to open a Connect checking account t online to use the account only to have my maturing CD’s deposited into the account. (Georgia Banking will not ACH the maturing funds back to my original funding account but are making me open a checking account that will accept the funds and I will have to execute an ACH debit into this account from an external account!)
However, Georgia Banking’s pathetic website will not open the checking account. It just hangs and then fails to open the account. It gives no feedback at all. It’s useless!
DATA SECURITY BREACH: NO DATA SECURITY AND INACCURATE CREDIT REPORTING
Georgia Banking Company’s poorly managed data security resulted in my credit information being compromised by a phishing attack.
Additionally, I have been a victim of their inaccurate credit reporting. They inaccurately reported me 30 days late despite recognizing that I submitted my payment prior to the 30 day mark.
I recommend that you take your business to a better equipped financial institution that will take your personal information and credit history seriously.
Overall | |
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FDIC Certificate # | 57071 |
Year Established | 2001 |
Employees | 189 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.3% |
Return on Equity - YTD | 3.42% |
Annual Interest Income | $59.9MM |
Assets and Liabilities | ||
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Assets | Q2 2024vs Q2 2023 | $1.84B$1.58B |
Loans | Q2 2024vs Q2 2023 | $1.5B$1.25B |
Deposits | Q2 2024vs Q2 2023 | $1.54B$1.35B |
Equity Capital | Q2 2024vs Q2 2023 | $157.2MM$146.1MM |
Loan Loss Allowance | Q2 2024vs Q2 2023 | $18.1MM$16.9MM |
Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $17.3MM$3.6MM |
Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Georgia Banking Company; 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.35%* | $25k* | - | Premier Checking | ||
OTHER TIERS: 0.15% → $0 - $25k |
Georgia Banking Company Locations | ||
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Griffin Branch | 1624 North Expressway | Griffin, GA 30223 |
Georgia Banking Company | 1776 Peachtree St Nw | Atlanta, GA 30309 |
Duluth Branch | 6340 Sugarloaf Pkwy | Duluth, GA 30097 |
Lawrenceville Branch | 690 Collins Hill Road | Lawrenceville, GA 30046 |
Alpharetta Office Branch | 5225 Windward Parkway | Alpharetta, GA 30004 |
Marietta Office Branch | 4895 Lower Roswell Road | Marietta, GA 30062 |