PriorityOne Bank is headquartered in MAGEE and is the 13th largest bank in the state of Mississippi. It is also the 959th largest bank in the nation. It was established in 1975 and as of March of 2023, it had grown to 221 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||1.15%|
|Return on Equity - YTD||13.08%|
|Annual Interest Income||$11.3MM|
|Assets and Liabilities|
|Assets||Q1 2023vs Q1 2022||$1.03B$915.8MM|
|Loans||Q1 2023vs Q1 2022||$750.1MM$651.1MM|
|Deposits||Q1 2023vs Q1 2022||$911.3MM$807.5MM|
|Equity Capital||Q1 2023vs Q1 2022||$89.6MM$81.7MM|
|Loan Loss Allowance||Q1 2023vs Q1 2022||$12.5MM$9.7MM|
|Unbacked Noncurrent Loans||Q1 2023vs Q1 2022||$2.7MM$3.6MM|
|Real Estate Owned||Q1 2023vs Q1 2022||$364.00K$333.00K|
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