Reliance Bank is headquartered in Altoona and is the 64th largest bank in the state of Pennsylvania. It is also the 1,354th largest bank in the nation. It was established in 1939 and as of December of 2020, it had grown to 103 employees at 9 locations. Reliance Bank has an A+ health rating.
At Reliance, you always feel welcome to just walk in and ask a real person a question. I feel like I know the people that work there and we often just end up chatting about 'stuff' besides my banking needs (the kids, work, this year's must-have xmas gift). While they may not have the "best" rates out there, they make up for it with the personal feel and that means a lot for me.
|FDIC Certificate #||30117|
|Return on Assets - YTD||0.88%|
|Return on Equity - YTD||8.3%|
|Annual Interest Income||$20.4MM|
|Assets and Liabilities|
|Assets||Q4 2020vs Q4 2019||$630.9MM$556.1MM|
|Loans||Q4 2020vs Q4 2019||$397.1MM$385.3MM|
|Deposits||Q4 2020vs Q4 2019||$479.6MM$399.7MM|
|Equity Capital||Q4 2020vs Q4 2019||$65.7MM$59.4MM|
|Loan Loss Allowance||Q4 2020vs Q4 2019||$5.9MM$4.3MM|
|Unbacked Noncurrent Loans||Q4 2020vs Q4 2019||$1.4MM$1.1MM|
|Real Estate Owned||Q4 2020vs Q4 2019||$0$0|
Rates for Reliance Bank are currently being reviewed.
|Reliance Bank Locations|
|North Atherton Branch||100 Hawbaker Industrial Drive||State College, PA 16803|
|Reliance Savings Bank||1119 Twelfth Street||Altoona, PA 16601|
|Meadows Branch||1254 Plank Rd||Duncansville, PA 16635|
|17th Street Branch||1921 Pleasant Valley Boulevard||Altoona, PA 16602|
|Plank Road Branch||226 W Plank Road||Altoona, PA 16602|
|Lakemont Branch||401 S. Logan Blvd||Altoona, PA 16602|
|Tyrone Branch||916 Pennsylvania Ave||Tyrone, PA 16686|
|Martinsburg Office Branch||3918 Cove Mountain Road||Martinsburg, PA 16662|