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Southern States Bank


Overview / Commentary
southernstatesbank.net
256-241-1092
615 Quintard Avenue
Anniston, AL 36202

Southern States Bank is headquartered in Anniston and is the 9th largest bank in the state of Alabama. It is also the 717th largest bank in the nation. It was established in 2007 and as of September of 2019, it had grown to 175 employees at 15 locations. Southern States Bank has an A health rating.

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Health
A

Data as of Q3 2019

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #58558
Year Established2007
Employees175
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.41%
Return on Equity - YTD3.6%
Annual Interest Income$33.9MM
Assets and Liabilities
AssetsQ3 2019vs Q3 2018$1.13B$842.3MM
LoansQ3 2019vs Q3 2018$822.5MM$667.6MM
DepositsQ3 2019vs Q3 2018$983.5MM$733.6MM
Equity CapitalQ3 2019vs Q3 2018$137.2MM$95.6MM
Loan Loss AllowanceQ3 2019vs Q3 2018$9.5MM$7.6MM
Unbacked Noncurrent LoansQ3 2019vs Q3 2018$10.7MM$2.0MM
Real Estate OwnedQ3 2019vs Q3 2018$446.00K$576.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Southern States Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--Common Sense Personal Savings
0.10%--Common Sense Business Savings

Southern States Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.33%*$50k*-Personal Money Market
OTHER TIERS: 0.05% → Up to $5k | 0.08% → $5k - $25k | 0.13% → $25k - $50k
0.33%*$50k*-Business Money Market
OTHER TIERS: 0.05% → Up to $5k | 0.08% → $5k - $25k | 0.13% → $25k - $50k

Southern States Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%$1k-Common Sense Plus Checking
0.01%--Relationship Interest Checking

Southern States Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.72%$500$100k24 Month CD
0.72%$100k$250k24 Month Jumbo CD
0.51%$500$100k12 Month CD
0.51%$100k$250k12 Month Jumbo CD
0.40%$500$100k6 Month CD
0.40%$100k$250k6 Month Jumbo CD
Locations

Availability



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