Peoples Bank Of Alabama
FDIC #22537
📍 Cullman, Alabama
Peoples Bank Of Alabama is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in October 24, 1977. With assets of $1.27 Billion, it operates 28 domestic branches.
Customer Reviews
5 ★
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★★★★★ Tina c
September 18, 2018
[-] from call center in Cullman was [-] most helpful person I ever had from people's Bank I [-] stay here as [-] as she's there to help.
Community Reinvestment Act (CRA) Rating
Latest Exam: July 1, 2023
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
July 1, 2023
Satisfactory
November 1, 2020
Satisfactory
August 1, 2017
Satisfactory
💰 Financial Strength
Total Assets$1.27 Billion
Total Deposits$1.17 Billion
Equity Capital$91.74 Million
Net Income$19.91 Million
📈 Performance
ROA2.11%
ROE28.96%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
EstablishedOctober 24, 1977
FDIC Cert22537
Holding CoAltrust Financial Services Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeSeptember 7, 2023
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:30 AM - 5:00 PM
Tuesday8:30 AM - 5:00 PM
Wednesday8:30 AM - 5:00 PM
Thursday8:30 AM - 5:00 PM
Friday8:30 AM - 5:00 PM
Saturday8:30 AM - 12:00 PM
SundayClosed
📜 Institutional History
2014
Merger / Acquisition
Acquired: Generations Bank
2014
Relocation
Moved HQ to: 1912 Cherokee Avenue, Sw, Cullman, AL 35055.
2011
Name Change
Name became: Changed Institution Name To Peoples Bank Of Alabama.
1995
Name Change
Name became: Changed Institution Name To Peoples Bank Of North Alabama.
1987
Relocation
Moved HQ to: 811 Second Avenue, S.W., Cullman, AL 35055.