Overview / Commentary
420 3Rd Ave
Dayton, TN 37321

SimplyBank is headquartered in Dayton and is the 38th largest bank in the state of Tennessee. It is also the 1,285th largest bank in the nation. It was established in 1890 and as of March of 2022, it had grown to 129 employees at 15 locations. SimplyBank has a B+ health rating.


No reviews have been left for this bank yet. Be the first to review.


Health Grade Components

FDIC Certificate #10693
Year Established1890
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.18%
Return on Equity - YTD13.87%
Annual Interest Income$7.3MM
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$727.2MM$693.1MM
LoansQ1 2022vs Q1 2021$519.2MM$482.0MM
DepositsQ1 2022vs Q1 2021$658.1MM$618.5MM
Equity CapitalQ1 2022vs Q1 2021$59.7MM$63.9MM
Loan Loss AllowanceQ1 2022vs Q1 2021$5.2MM$6.2MM
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$6.3MM$8.8MM
Real Estate OwnedQ1 2022vs Q1 2021$431.00K$453.00K
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not SimplyBank; we are a rate comparison website and cannot provide official rates or promotions.

SimplyBank CD Rates

0.65%$1k-60 Month Quarterly Certificate
0.60%$1k-48 Month Quarterly Certificate
0.50%$1k-36 Month Quarterly Certificate
0.40%$1k-24 Month Quarterly Certificate
0.35%$1k-12 Month Quarterly Certificate

SimplyBank IRA Rates

0.65%$25-60 Month Fixed Rate IRA
0.60%$25-48 Month Fixed Rate IRA
0.50%$25-36 Month Fixed Rate IRA
0.40%$25-24 Month Fixed Rate IRA
0.35%$25-12 Month Fixed Rate IRA


Chattanooga Area

Interactive local rates map

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.