Affinity Bank, National Association
FDIC #29510
📍 Covington, Georgia
Affinity Bank, National Association is a commercial bank, national (federal) charter and fed member, supervised by the occ. established in 01/01/1928. With assets of $855.23 Million, it operates 3 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: August 15, 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
August 15, 2023
Satisfactory
💰 Financial Strength
Total Assets$855.23 Million
Total Deposits$716.68 Million
Equity Capital$104.90 Million
Net Income$5.15 Million
📈 Performance
ROA0.79%
ROE6.67%
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
Established01/01/1928
FDIC Cert29510
Holding CoAffinity Bancshares Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeSeptember 25, 2023
Foreign Offices0
SAIF InsuredNo
State CharteredNo
🕰️ Lobby Hours
Monday9:00 AM - 5:00 PM
Tuesday9:00 AM - 5:00 PM
Wednesday9:00 AM - 5:00 PM
Thursday9:00 AM - 5:00 PM
Friday9:00 AM - 5:00 PM
Saturday9:00 AM - 12:00 PM
SundayClosed
📜 Institutional History
9999
Name Change
Name became: Changed Institution Name To Affinity Bank, National Association.
2021
Name Change
Name became: Changed Institution Name To Affinity Bank.
2020
Merger / Acquisition
Acquired: Affinity Bank
2006
Name Change
Name became: Changed Institution Name To Newton Federal Bank.
2006
Relocation
Moved HQ to: 3175 Highway 278, Covington, GA 30014.
📍 Branch Locations (3)
Newton Federal Bank Eastside Drive Thru Branch
8258 Highway 278 Ne
Covington, Georgia 30014
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8258 Highway 278 Ne
Covington, Georgia 30014
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