Roanoke Rapids Savings Bank, SSB

Popular Accounts at this Bank

APY	ACCOUNT TYPE	HOW THEY COMPARE
0.60%	1-year CD	2.55% - Goldman Sachs Bank USA High-yield 12 Month CD
0.35%	Savings	1.90% - American Express National Bank High Yield Savings Account
0.85%	3-year CD	1.64% - National Average

View all Roanoke Rapids Savings Bank, SSB rates »

Overview / Commentary

www.rrsb.com

252-537-8061

325 Becker Drive
Roanoke Rapids, NC 27870

Roanoke Rapids Savings Bank, SSB is headquartered in Roanoke Rapids and is the 45^th largest bank in the state of North Carolina. It is also the 5,110^th largest bank in the nation. It was established in 1914 and as of June of 2018, 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)

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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.

Comment

2

Health

B

Data as of Q2 2018

Learn why bank health matters

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 low asset base.

Health Grade Components

Overall
FDIC Certificate #	28314
Year Established	1914
Employees	15
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	-0.03%
Return on Equity - YTD	-0.16%
Annual Interest Income	$980.00K

Assets and Liabilities
Assets	Q2 2018vs Q2 2017	$46.6MM$50.6MM
Loans	Q2 2018vs Q2 2017	$32.5MM$31.3MM
Deposits	Q2 2018vs Q2 2017	$35.7MM$40.3MM
Equity Capital	Q2 2018vs Q2 2017	$8.8MM$8.9MM
Loan Loss Allowance	Q2 2018vs Q2 2017	$206.00K$173.00K
Unbacked Noncurrent Loans	Q2 2018vs Q2 2017	$56.00K$63.00K
Real Estate Owned	Q2 2018vs Q2 2017	$148.00K$464.00K

Rates

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Money Market
Checking
CD

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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

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.35%	$200	-	Statement Saving Account

Roanoke Rapids Savings Bank, SSB Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW 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

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.09%	$200	-	Rapid Checking 55 Account

Roanoke Rapids Savings Bank, SSB CD Rates

APY	MIN	MAX	ACCOUNT NAME
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, SSB	325 Becker Drive	Roanoke Rapids, NC 27870

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