Independence Bank (OH) Reviews and Rates

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Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

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Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

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Overview / Commentary

216-447-1444

4401 Rockside Road
Independence, OH 44131

Independence Bank (OH) is headquartered in INDEPENDENCE and is the 108^th largest bank in the state of Ohio. It is also the 3,184^th largest bank in the nation. It was established in 1979 and as of December of 2024, it had grown to 17 employees at 1 location. Independence Bank (OH) has an A health rating.

Reviews

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Health

Data as of Q4 2024

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Health Grade Components

Overall
FDIC Certificate #	22925
Year Established	1979
Employees	17
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.72%
Return on Equity - YTD	5.07%
Annual Interest Income	$10.2MM

Assets and Liabilities
Assets	Q4 2024vs Q4 2023	$181.1MM$178.3MM
Loans	Q4 2024vs Q4 2023	$110.4MM$107.4MM
Deposits	Q4 2024vs Q4 2023	$152.6MM$151.7MM
Equity Capital	Q4 2024vs Q4 2023	$26.3MM$25.6MM
Loan Loss Allowance	Q4 2024vs Q4 2023	$3.9MM$3.9MM
Unbacked Noncurrent Loans	Q4 2024vs Q4 2023	$271K$146K
Real Estate Owned	Q4 2024vs Q4 2023	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.2 / 5

Peak Bank

Envision High Yield Savings

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Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

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Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Sorry, we do not have rate data for Independence Bank (OH).

Locations

Independence Bank (OH) Locations
Independence Bank	4401 Rockside Rd	Independence, OH 44131

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