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3500 Colonnade Pkwy Suite 140
Birmingham, AL 35243

SouthPoint Bank is headquartered in Birmingham and is the 41st largest bank in the state of Alabama. It is also the 2,531st largest bank in the nation. It was established in 2005 and as of June of 2016, it had grown to 73 employees at 4 locations. SouthPoint Bank has an A health rating.

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SouthPoint Bank (AL) Offers Competitive Kasasa Cash - 7/27/2016

SouthPoint Bank (AL) is offering a nationally available Kasasa Cash (2.10% AP, up to $25k) and companion Kasasa Saver (1.00% APY, up to $25k).

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Reviews (3)

Southpoint Has Been Great For Me (Hence The 3 Star Instead Of 1)

Posted by: Anonymous | Feb 18, 2010

SouthPoint  has been great for me (hence the 3 star instead of 1), but are no longer offering the rewards interest rate effective March 1st, 2010.  They said that the reason for the change is that "their rate was higher than most of their competitors."  So you reduce it a little, right, not just totally can it.  Anyway, moving on.  Starting to feel like a serial bad-relationship kind of guy, always thinking that the next girl will make me happy.  So am I using these banks, or are they using me????

Poor Customer Service

Posted by: CBC | Nov 30, 2012

Do not rely on the customer service to be of help to you! I've been waiting a week to get an answer on a mistake that they made. The last time I had to wait on an answer - it took 8 months! Good Luck if you use this bank!

No 24 Hour Check Verification

Posted by: Anonymous | Mar 10, 2012

Someone wrote a check to me from SouthPoint Bank, and I was unable to locate any information with regards to how to verify the funds for the check. The only 24 hour number they have is the debit/credit card fraud number.


Health Grade Components

FDIC Certificate #58088
Year Established2005
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.05%
Return on Equity - YTD10.91%
Annual Interest Income$5.3MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$251.3MM$219.2MM
LoansQ2 2016vs Q2 2015$191.4MM$168.3MM
DepositsQ2 2016vs Q2 2015$214.2MM$178.9MM
Equity CapitalQ2 2016vs Q2 2015$24.0MM$20.5MM
Loan Loss AllowanceQ2 2016vs Q2 2015$3.1MM$3.1MM
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$1.9MM$3.1MM
Real Estate OwnedQ2 2016vs Q2 2015$843.00K$1.6MM
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

SouthPoint Bank Savings Account Rates

1.00%*-$25kKasasa Saver
OTHER TIERS: 0.25% $25k+

SouthPoint Bank Checking Account Rates

2.10%*-$25kKasasa Cash
OTHER TIERS: 0.25% $25k+
0.00%--Kasasa Cash Back

SouthPoint Bank Locations
Gardendale Branch1101 Main StreetGardendale, AL 35071
Southpoint Bank3500 Colonnade Parkway, Suite 140Birmingham, AL 35243
The Shoppes At Deerfoot Branch7278 Gadsden HighwayTrussville, AL 35173
Wilsonville Branch9833 North Main StreetWilsonville, AL 35186