Insignia Bank is headquartered in Sarasota and is the 91st largest bank in the state of Florida. It is also the 2,583rd largest bank in the nation. It was established in 2006 and as of December of 2016, it had grown to 42 employees at 2 locations. Insignia Bank has an A+ health rating.
We have a lot of money with the bank, and they wanted to charge me $5.00 to issue a cashier check. The manager waived it but will not do it again. I was told by the teller that most people go to the post office or Amscott for their cashier checks. I told her my money was not with the post office or Amscott. I will be moving my money to EverBank.
|FDIC Certificate #||58387|
|Return on Assets - YTD||0.65%|
|Return on Equity - YTD||6.69%|
|Annual Interest Income||$9.3MM|
|Assets and Liabilities|
|Assets||Q4 2016vs Q4 2015||$243.7MM$215.0MM|
|Loans||Q4 2016vs Q4 2015||$191.9MM$174.0MM|
|Deposits||Q4 2016vs Q4 2015||$202.9MM$170.4MM|
|Equity Capital||Q4 2016vs Q4 2015||$25.1MM$22.6MM|
|Loan Loss Allowance||Q4 2016vs Q4 2015||$2.3MM$2.2MM|
|Unbacked Noncurrent Loans||Q4 2016vs Q4 2015||$0$0|
|Real Estate Owned||Q4 2016vs Q4 2015||$0$0|
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|Insignia Bank Locations|
|Insignia Bank||333 North Orange Avenue||Sarasota, FL 34236|
|Cattlemen Road Branch||5850 Fruitville Road||Sarasota, FL 34232|