Southern Bank
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 3.01% | Reward Checking | Kasasa Cash 1.76% - National Average |
| 0.15% | Savings | No Checks Account 1.00% - Ally Bank Online Savings Account |
| 1.01% | Checking | Premium 50 Plus Checking 0.13% - National Average |
Southern Bank is headquartered in Poplar Bluff and is the 18th largest bank in the state of Missouri. It is also the 538th largest bank in the nation. It was established in 1887 and as of June of 2016, it had grown to 321 employees at 40 locations. Southern Bank's money market rates are 14% higher than the national average, and it has an A health rating.
Related Posts
10/2 - King of RCAs: Southern Bank Rate is STILL at (5.01%, $15K)
4/3 - Southern Bank Reduced Its Limit "Quietly"...
1/14 - Review of Four Top Reward Checking Accounts
Stiffing The Appraiser
As an appraiser, I've yet to receive payment for an appraisal I did in January 2016. I don't expect payment because I didn't "bring home the bacon" on their deal apparently. So much for the Appraisal Independence Requirement of Dodd-Frank.
Need I remind the appraiser's job is not to rubber stamp the value? It is to provide an independent opinion of value.
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 28332 |
| Year Established | 1887 |
| Employees | 321 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.09% |
| Return on Equity - YTD | 11.42% |
| Annual Interest Income | $28.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $1.40B$1.29B |
| Loans | Q2 2016vs Q2 2015 | $1.14B$1.05B |
| Deposits | Q2 2016vs Q2 2015 | $1.12B$1.06B |
| Equity Capital | Q2 2016vs Q2 2015 | $132.5MM$139.6MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $13.8MM$12.3MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $5.1MM$3.8MM |
| Real Estate Owned | Q2 2016vs Q2 2015 | $3.3MM$4.4MM |
Always verify rates and promotions with the bank or credit union. We are not Southern Bank; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Southern Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.25% | $100 | - | Savings Account | |
| 0.15% | - | - | No Checks Account | |
| 0.15% | - | - | Health Savings Account |
Southern Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.50%* | $200k* | - | Money Market Passbook Account | ||
| OTHER TIERS: 0.15% → Up to $10k | 0.25% → $10k - $200k | |||||
| 0.25%* | $10k* | - | MMDA Platinum | ||
| OTHER TIERS: 0.15% → Up to $10k | |||||
Southern Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 3.01%* | - | $15k | Kasasa Cash | ||
| OTHER TIERS: 0.15% → $15k+ | |||||
| 1.01%* | - | $10k | Premium 50 Plus Checking | ||
| OTHER TIERS: 0.15% → $10k+ | |||||
| 0.15% | $500 | - | Small Business Interest Checking | ||
| 0.00% | - | - | Kasasa Cash Back | ||
Southern Bank has 36 locations. Click to view all Southern Bank locations.