Independence Bank (OH) Reviews and Rates

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Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

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Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

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Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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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 107^th largest bank in the state of Ohio. It is also the 3,199^th largest bank in the nation. It was established in 1979 and as of March of 2025, it had grown to 17 employees at 1 location. Independence Bank (OH) has an A health rating.

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Health

Data as of Q1 2025

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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	0.87%
Return on Equity - YTD	5.9%
Annual Interest Income	$2.4MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$178.7MM$182.4MM
Loans	Q1 2025vs Q1 2024	$111.6MM$102.7MM
Deposits	Q1 2025vs Q1 2024	$149.5MM$155.5MM
Equity Capital	Q1 2025vs Q1 2024	$26.8MM$25.9MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$3.9MM$3.9MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$608K$138K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

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

Member FDIC

up to $300

Our Rating

4.2 / 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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