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OptimumBank


Overview / Commentary
www.optimumbank.com
954-900-2860
10197 Cleary Boulevard
Plantation, FL 33324

OptimumBank is headquartered in Plantation and is the 83rd largest bank in the state of Florida. It is also the 3,455th largest bank in the nation. It was established in 2000 and as of March of 2020, it had grown to 23 employees at 3 locations. OptimumBank has a B+ health rating.

Related Posts

Jumbo Money Market Discontinued @ Optimumbank - 2/18/2020

I spoke with Giovanni on 02/18/20 who told me their Jumbo Money Market product has been discontinued. Currently they offer a (regular) Money Market. Today's rate is 1.65%.

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Health
B+

Data as of Q1 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #35430
Year Established2000
Employees23
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD-0.44%
Return on Equity - YTD-5.44%
Annual Interest Income$1.5MM
Assets and Liabilities
AssetsQ1 2020vs Q1 2019$141.2MM$105.6MM
LoansQ1 2020vs Q1 2019$107.3MM$78.5MM
DepositsQ1 2020vs Q1 2019$106.1MM$81.2MM
Equity CapitalQ1 2020vs Q1 2019$10.9MM$10.9MM
Loan Loss AllowanceQ1 2020vs Q1 2019$2.2MM$2.0MM
Unbacked Noncurrent LoansQ1 2020vs Q1 2019$812.00K$0
Real Estate OwnedQ1 2020vs Q1 2019$0$0
Rates

Sorry, we do not have rate data for OptimumBank.

Locations


OptimumBank Locations
Optimumbank2929 E. Commercial Blvd.,Fort Lauderdale, FL 33308
Shoppes Of Hillsboro Shopping Center Branch2215 West Hillsboro BoulevardDeerfield Beach, FL 33442
Plantation Branch10197 Cleary BlvdPlantation, FL 33324

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