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PrimeSouth Bank (AL)

Overview / Commentary
301 Main Street
Tallassee, AL 36078

PrimeSouth Bank (AL) is headquartered in Tallassee and is the 43rd largest bank in the state of Alabama. It is also the 2,494th largest bank in the nation. It was established in 1958 and as of March of 2019, it had grown to 40 employees at 5 locations. PrimeSouth Bank (AL)'s CD rates are 94% higher than the national average, and it has an A health rating.


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Health Grade Components

FDIC Certificate #17892
Year Established1958
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.09%
Return on Equity - YTD10.79%
Annual Interest Income$2.9MM
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$253.2MM$236.2MM
LoansQ1 2019vs Q1 2018$176.5MM$176.2MM
DepositsQ1 2019vs Q1 2018$220.4MM$201.3MM
Equity CapitalQ1 2019vs Q1 2018$25.4MM$22.9MM
Loan Loss AllowanceQ1 2019vs Q1 2018$2.1MM$2.2MM
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$881.00K$602.00K
Real Estate OwnedQ1 2019vs Q1 2018$762.00K$1.1MM
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Always verify rates and promotions with the bank or credit union. We are not PrimeSouth Bank (AL); we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

PrimeSouth Bank (AL) Savings Account Rates

0.75%*-$10kFree Kasasa Saver
OTHER TIERS: 0.25% $10k+
0.25%$100-Savings Account

PrimeSouth Bank (AL) Money Market Rates

1.01%*$100k*-Premier Commercial Money Market
OTHER TIERS: 0.10% $2k - $25k | 0.25% $25k - $50k | 0.75% $50k - $100k
0.50%*$50k*-Money Market Accounts
OTHER TIERS: 0.10% $2.5k - $10k | 0.25% $10k - $50k

PrimeSouth Bank (AL) Checking Account Rates

2.50%*-$10kFree Kasasa Cash Checking
OTHER TIERS: 0.25% $10k+
1.41%*$200k*-Platinum Checking
OTHER TIERS: 0.25% Up to $25k | 0.60% $25k - $50k | 1.01% $50k - $100k | 1.26% $100k - $200k
0.15%$100-Charitable Interest Checking

PrimeSouth Bank (AL) CD Rates

2.60%*$250k*-60 Month CD
OTHER TIERS: 2.50% $1k - $250k
2.35%$1k-48 Month CD
2.25%$1k-36 Month CD
2.00%$1k-24 Month CD
1.75%$1k-12 Month CD
1.10%*$250k*-6 Month CD
OTHER TIERS: 1.00% $1k - $250k
0.60%*$250k*-3 Month CD
OTHER TIERS: 0.50% $1k - $250k

PrimeSouth Bank (AL) IRA Rates

2.65%*$250k*-60 Month IRA
OTHER TIERS: 2.60% $1k - $250k
2.55%*$250k*-48 Month IRA
OTHER TIERS: 2.45% $1k - $250k
2.45%*$250k*-36 Month IRA
OTHER TIERS: 2.35% $1k - $250k
2.15%*$250k*-24 Month IRA
OTHER TIERS: 2.10% $1k - $250k
1.95%*$250k*-12 Month IRA
OTHER TIERS: 1.85% $1k - $250k
1.10%$1k-6 Month IRA

PrimeSouth Bank (AL) Locations
Gilmer Avenue Branch1217 Gilmer AvenueTallassee, AL 36078
Primesouth Bank301 Main StreetTallassee, AL 36078
Wetumpka Office Branch3936 US Hwy, 231Wetumpka, AL 36092
Chantilly Parkway Branch225 Emma LanePike Road, AL 36064
Birmingham728 Shades Creek PkwyBirmingham, AL 35209

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