PriorityOne Bank is headquartered in Magee and is the 14th largest bank in the state of Mississippi. It is also the 1,123rd largest bank in the nation. It was established in 1975 and as of December of 2020, it had grown to 209 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.
Overall | |
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FDIC Certificate # | 21906 |
Year Established | 1975 |
Employees | 209 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.57% |
Return on Equity - YTD | 15.4% |
Annual Interest Income | $33.6MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $789.4MM$696.7MM |
Loans | Q4 2020vs Q4 2019 | $587.6MM$525.1MM |
Deposits | Q4 2020vs Q4 2019 | $672.8MM$578.3MM |
Equity Capital | Q4 2020vs Q4 2019 | $79.8MM$75.1MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $7.5MM$5.3MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $4.1MM$5.2MM |
Real Estate Owned | Q4 2020vs Q4 2019 | $188.00K$465.00K |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.