Promiseone Bank
FDIC #58657
📍 Duluth, Georgia
Promiseone Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in November 6, 2008. With assets of $706.14 Million, it operates 10 domestic branches.
Customer Reviews
N/A ★
Based on 0 ratings
Write a Review
Reviews are moderated before posting. No profanity or personal attacks.
No reviews yet.
Community Reinvestment Act (CRA) Rating
Latest Exam: December 1, 2022
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
December 1, 2022
Satisfactory
December 1, 2019
Satisfactory
May 1, 2014
Satisfactory
💰 Financial Strength
Total Assets$706.14 Million
Total Deposits$595.05 Million
Equity Capital$55.26 Million
Net Income$9.39 Million
📈 Performance
ROA1.78%
ROE22.15%
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
EstablishedNovember 6, 2008
FDIC Cert58657
Holding CoPromiseone Bcorp Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday9:00 AM - 4:30 PM
Tuesday9:00 AM - 4:30 PM
Wednesday9:00 AM - 4:30 PM
Thursday9:00 AM - 4:30 PM
Friday9:00 AM - 5:30 PM
Saturday9:00 AM - 1:00 PM
SundayClosed
📜 Institutional History
2020
Name Change
Name became: Changed Institution Name To Promiseone Bank.
2019
Relocation
Moved HQ to: 2385 Pleasant Hill Road, Duluth, GA 30096.
2014
Name Change
Name became: Changed Institution Name To Noa Bank.