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  2. Roanoke Rapids Savings Bank, SSB

Roanoke Rapids Savings Bank, SSB

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
0.60%1-year CD12 Month CD
1.05% - Ally Bank High Yield 12-Month CDAdvertisement
0.29%SavingsStatement Saving Account
1.00% - Ally Bank Online Savings AccountAdvertisement
0.85%3-year CD30 Month CD
1.55% - Ally Bank High Yield 3 Year CDAdvertisement
View all Roanoke Rapids Savings Bank, SSB rates »

Overview / Commentary
www.rrsb.com
325 Becker Drive
Roanoke Rapids, NC 27870

Roanoke Rapids Savings Bank, SSB is headquartered in Roanoke Rapids and is the 58th largest bank in the state of North Carolina. It is also the 5,432nd largest bank in the nation. It was established in 1914 and as of June of 2016, it had grown to 15 employees at 2 locations. Roanoke Rapids Savings Bank, SSB's money market rates are 36% higher than the national average, and it has a B health rating.

Reviews (1)

Bank Rating

Posted by: terrimuthig | Nov 27, 2011

i give this bank 10 plus stars.  i have been with this bank since january of 1997 and refuse to deal with any other bank.

 

2


Health
B

Data as of Q2 2016

Learn more about bank health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Roanoke Rapids Savings Bank, SSB has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #28314
Year Established1914
Employees15
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.03%
Return on Equity - YTD0.16%
Annual Interest Income$1.0MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$50.9MM$53.4MM
LoansQ2 2016vs Q2 2015$34.9MM$36.2MM
DepositsQ2 2016vs Q2 2015$39.7MM$42.3MM
Equity CapitalQ2 2016vs Q2 2015$8.9MM$8.8MM
Loan Loss AllowanceQ2 2016vs Q2 2015$210.00K$214.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$3.00K$3.00K
Real Estate OwnedQ2 2016vs Q2 2015$319.00K$162.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Roanoke Rapids Savings Bank, SSB Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.29%$200-Statement Saving Account

Roanoke Rapids Savings Bank, SSB Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%*$25k*-Choice Money Market Account
OTHER TIERS: 0.29% → Up to $1k | 0.49% → $1k - $10k | 0.54% → $10k - $25k

Roanoke Rapids Savings Bank, SSB Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.09%$200-Rapid Checking 55 Account

Roanoke Rapids Savings Bank, SSB CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.21%$10k-72 Month CD
0.85%*$100k*-30 Month CD
OTHER TIERS: 0.80% → $500 - $100k
0.70%$1k-24 Month CD
0.65%$1k-18 Month CD
0.65%*$100k*-13 Month CD
OTHER TIERS: 0.54% → $1k - $50k | 0.60% → $50k - $100k
0.60%*$100k*-12 Month CD
OTHER TIERS: 0.50% → $1k - $50k | 0.55% → $50k - $100k
0.45%$1k-6 Month CD
Locations


Roanoke Rapids Savings Bank, SSB Locations
Roanoke Rapids Savings Bank, SSB325 Becker DriveRoanoke Rapids, NC 27870