Overview / Commentary
Tarboro Savings Bank, SSB is headquartered in Tarboro and is the 43rd largest bank in the state of North Carolina. It is also the 4,880th largest bank in the nation. It was established in 1906 and as of June of 2019, it had grown to 8 employees at 1 location. Tarboro Savings Bank, SSB's savings rates are 44% higher than the national average, and it has a B health rating.
Health
B
Data as of Q2 2019
Learn why bank health mattersAdditional 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. Tarboro Savings Bank, SSB has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 29061 |
| Year Established | 1906 |
| Employees | 8 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.44% |
| Return on Equity - YTD | 3.01% |
| Annual Interest Income | $990.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $48.2MM$46.6MM |
| Loans | Q2 2019vs Q2 2018 | $37.0MM$34.9MM |
| Deposits | Q2 2019vs Q2 2018 | $41.0MM$39.6MM |
| Equity Capital | Q2 2019vs Q2 2018 | $7.1MM$7.0MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $122.00K$114.00K |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $491.00K$401.00K |
| Real Estate Owned | Q2 2019vs Q2 2018 | $230.00K$0 |
Report an Issue
Always verify rates and promotions with the bank or credit union. We are not Tarboro Savings Bank, SSB; we are a rate comparison website and cannot provide official rates or promotions.
Tarboro Savings Bank, SSB Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.75% | $50 | - | Passbook Savings | |
| 0.75% | $50 | - | Christmas Club Savings |
Tarboro Savings Bank, SSB Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.51% | - | - | "Sixty-Plus" Free Checking |
Locations
| Tarboro Savings Bank, SSB Locations | ||
|---|---|---|
| Tarboro Savings Bank, SSB | 501 Main Street | Tarboro, NC 27886 |