Portage Community Bank

Overview / Commentary
1311 East Main Street
Ravenna, OH 44266

Portage Community Bank is headquartered in Ravenna and is the 55th largest bank in the state of Ohio. It is also the 1,847th largest bank in the nation. It was established in 1998 and as of June of 2022, it had grown to 85 employees at 4 locations. Portage Community Bank has a B+ health rating.

Reviews (1)

Portage Community Bank

The first bank I ever used was Portage Community Bank when I got my first job in high school. I only went to that bank because my mom also went to that bank and I was told that I couldn't have a bank account while I was under 18 without an adult (or parent) having the account with me. I'm still not sure if that's normal practice. Being totally unaware of how things worked, I didn't really care about where or how I banked, I just needed a place to cash my paychecks. Now that I've banked elsewhere and am a bit more experience, I feel like the bank was pretty underwhelming, honestly. Not only were the tellers pretty rude/cold most the time, but the bank itself wasn't helpful to new members and especially young people AT ALL. There were no programs to help you learn about banking or how to live financially responsibly. There were some benefits for people that had been there for like a million years but pretty much nothing for new members who actually needed it. So while I was still a kid I'd hear of all these cool benefits and programs that other people had with their banks and as soon as I turned 18 I withdrew all my money and when to a bank that seemed to actually give a damn about the financial well-being of its members.


Health Grade Components

FDIC Certificate #34760
Year Established1998
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.58%
Return on Equity - YTD6.27%
Annual Interest Income$7.0MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$461.2MM$475.5MM
LoansQ2 2022vs Q2 2021$301.2MM$265.5MM
DepositsQ2 2022vs Q2 2021$408.3MM$409.8MM
Equity CapitalQ2 2022vs Q2 2021$38.8MM$47.5MM
Loan Loss AllowanceQ2 2022vs Q2 2021$3.0MM$3.0MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$2.5MM$3.3MM
Real Estate OwnedQ2 2022vs Q2 2021$47.00K$27.00K

Rates for Portage Community Bank are currently being reviewed.


Portage Community Bank Locations
Portage Community Bank1311 E Main StRavenna, OH 44266
Kent Office1532 South Water StreetKent, OH 44240
Cuyahoga Falls Office Branch140 Portage TrlCuyahoga Falls, OH 44221
Rootstown Office Branch4183 Tallmadge RoadRootstown, OH 44272

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.