Grand Bank for Savings, FSB is headquartered in Hattiesburg and is the 63rd largest bank in the state of Mississippi. It is also the 4,241st largest bank in the nation. It was established in 1968 and as of December of 2019, it had grown to 38 employees at 2 locations. Grand Bank for Savings, FSB has a B+ health rating.
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Take Your Money To Another Bank
Bank staff is very unprofessional. They will do a hard pull on your credit to issue a debit card on your account (this pulls down your credit score). They are also not upfront about the availability of deposits. 7 day hold placed on cashier's check! When asked why I wasn't told about the hold when I specifically asked about it, I was told that they didn't have to tell me about placing holds on my account. Do yourself a favor and take your money to another bank!
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 31864 |
| Year Established | 1968 |
| Employees | 38 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.74% |
| Return on Equity - YTD | 5.87% |
| Annual Interest Income | $5.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $84.5MM$84.4MM |
| Loans | Q4 2019vs Q4 2018 | $66.9MM$66.7MM |
| Deposits | Q4 2019vs Q4 2018 | $66.4MM$66.2MM |
| Equity Capital | Q4 2019vs Q4 2018 | $10.5MM$10.3MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $479.00K$499.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $768.00K$698.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $801.00K$1.8MM |