PriorityOne Bank is headquartered in Magee and is the 15th largest bank in the state of Mississippi. It is also the 1,109th largest bank in the nation. It was established in 1975 and as of December of 2019, it had grown to 202 employees at 16 locations. PriorityOne Bank has an A health rating.
I have been banking here for many years, the customer service is wonderful, staff is always friendly and approachable. I even continued to bank with them when I went away to college, in a town where they did not have a branch, their technology is great and made banking with them from afar a breeze!
Currently Bank of America and Bancorp South are being sued for purposely rearranging transactions of their customers in order to get more overdraft fees... Priority One Bank also does this, and when I caught this on my own personal account and confronted them about it, they admitted to doing this!! This is stealing!! My advice would be to consider another bank, and do not trust these thieves with your money.
|FDIC Certificate #||21906|
|Return on Assets - YTD||1.47%|
|Return on Equity - YTD||13.55%|
|Annual Interest Income||$32.3MM|
|Assets and Liabilities|
|Assets||Q4 2019vs Q4 2018||$696.7MM$648.8MM|
|Loans||Q4 2019vs Q4 2018||$525.1MM$505.7MM|
|Deposits||Q4 2019vs Q4 2018||$578.3MM$518.8MM|
|Equity Capital||Q4 2019vs Q4 2018||$75.1MM$73.6MM|
|Loan Loss Allowance||Q4 2019vs Q4 2018||$5.3MM$5.4MM|
|Unbacked Noncurrent Loans||Q4 2019vs Q4 2018||$5.2MM$5.6MM|
|Real Estate Owned||Q4 2019vs Q4 2018||$465.00K$1.9MM|
Rates for PriorityOne Bank are currently being reviewed.