Affinity Bank
For information concerning FitnessBank, a division of Affinity Bank online bank, please click here.
Affinity Bank is an FDIC insured institution headquartered at
3175 Highway 278, Covington, GA 30014.
It was founded in
1928 and has approximately $1 billion in
assets. Customers can open an account at one of its 3 branches.
Deposit Rates - March 25, 2023
SAVINGS RATES | APY | MIN | |
---|---|---|---|
Savings
|
0.10% | $2,500 | Compare |
CD RATES | APY | MIN | |
---|---|---|---|
6 Mo CD
|
0.35% | $10,000 | Compare |
6 Mo CD
|
0.35% | $100,000 | Compare |
12 Mo CD
|
0.50% | $10,000 | Compare |
12 Mo CD
|
0.50% | $100,000 | Compare |
24 Mo CD
|
0.75% | $10,000 | Compare |
24 Mo CD
|
0.75% | $100,000 | Compare |
36 Mo CD
|
0.85% | $10,000 | Compare |
36 Mo CD
|
0.85% | $100,000 | Compare |
48 Mo CD
|
0.95% | $10,000 | Compare |
48 Mo CD
|
0.95% | $100,000 | Compare |
60 Mo CD
|
1.15% | $10,000 | Compare |
60 Mo CD
|
1.15% | $100,000 | Compare |
MM RATES | APY | MIN | |
---|---|---|---|
Money Market
|
0.15% | $2,500 | Compare |
Money Market
|
0.15% | $10,000 | Compare |
Money Market
|
0.20% | $25,000 | Compare |
INT CHECKING RATES | APY | MIN |
---|---|---|
Int Ckg
|
0.06% | $2,500 |
Featured Home Equity Rates
-
Sponsored
-
New American Funding, LLC
NMLS ID: 6606 / Updated 2023-03-25Cash-Out and Home Equity Options Available. $0 -
AimLoan.com NMLS#2890
NMLS ID: 2890 / Updated 2023-03-25Home Equity Loan - 15 Year Fixed Rate $0 -
HELOC approval in 5 minutes, funding in 5 days. Borrow up to $400k online. $0 -
6.740 %
$0 - Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.
Featured 30-Year Fixed Mortgage Rates
-
Sponsored
-
New American Funding, LLC
NMLS ID: 66066.394% $1,538 Fees & Points $4,094 Total
0.986 Pts ($2,465)
$1,629 Fees -
Eligibility.org
NMLS ID: Not lenderFees & Points Total
Pts ($0)
$0 Fees - Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.
Overview 2023
General Bank Information
FDIC Insured | Yes |
FDIC Certificate | # 29510 |
Date Established | 1928 |
Assets | $ 766.35 million |
Loans | $ 641.07 million |
Deposits | $ 652.39 million |
Capital | $ 102.95 million |
Summary Balance Sheet
ASSETS | |
Cash & Balances due from depository institutions | $ 24.61 million |
Interest-bearing balances | $ 17.73 million |
Total securities | $ 41.88 million |
Federal funds sold and reverse repurchase | $ 15.89 million |
Net loans and leases | $ 641.07 million |
Loan loss allowance | $ 9.34 million |
Trading account assets | N.A. |
Bank premises and fixed assets | N.A. |
Other real estate owned | $ 3.54 million |
Goodwill and other intangibles | $ 18.61 million |
All other assets | $ 25.76 million |
Total Assets | $ 673.65 million |
LIABILITIES | |
Total deposits | $ 652.39 million |
Interest-bearing deposits | $ 441.24 million |
Deposits held in domestic offices | $ 652.39 million |
% insured (estimated) | 75.19% |
Federal funds purchased and repurchase agreements | N.A. |
Trading liabilities | N.A. |
Other borrowed funds | $ 25.45 million |
Subordinated debt | N.A. |
All other liabilities | $ 5.33 millionn |
Total Liabilities | $ 673.65 million |
Shareholders’ Equity | $ 92.70 million |
Summary Income Statement
INCOME AND EXPENSES | |
Total Interest Income | $ 23.04 million |
Total Interest Expense | $ 0.87 million |
Net interest income | $ 22.17 million |
Provision for loan and lease losses | $ 0.67 million |
Total non interest income | $ 2.08 million |
Total non interest expense | $ 16.17 million |
Pre-tax Net Operating Income | $ 4.86 million |
Customer Reviews for Affinity Bank (1)
Rated 4.00 stars out of 5 - based on 1 reviews
Branches
Click on location and enter new zip number to change.
Your current location is: Ashburn, VA
View Branches Statewide →
View Branches Nationwide →
Affinity Bank Locations
Savings Comparison
This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.
PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES
Tax Rate: 30%
All calculations are for demonstration purposes only.
- 1LOCAL CDBankGEORGIA$50,0006 Month0.35%1.21x (National Avg. - 0.29%)$10,000-SCENARIO
Year Rate
0.35%Annual
InterestAnnual Interest
(After Tax)1 50,000 175 123 2 50,175 176 123 3 50,351 176 123 4 50,527 177 124 5 50,704 177 124 6 50,881 178 125 7 51,059 179 125 8 51,238 179 126 9 51,417 180 126 10 51,597 181 126 11 51,778 181 127 12 51,959 182 127 13 52,141 182 128 14 52,323 183 128 15 52,507 184 129 16 52,690 184 129 17 52,875 185 130 18 53,060 186 130 19 53,245 186 130 20 53,432 187 131 TOTAL $3,619 $2,533 - 2LOCAL CDOnline Bank-$50,00060 Month4.10%5.06x (National Avg. - 0.81%)$2,500-SCENARIO
Year Rate
4.10%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,050 1,435 2 52,050 2,134 1,494 3 54,184 2,222 1,555 4 56,406 2,313 1,619 5 58,718 2,407 1,685 6 61,126 2,506 1,754 7 63,632 2,609 1,826 8 66,241 2,716 1,901 9 68,957 2,827 1,979 10 71,784 2,943 2,060 11 74,727 3,064 2,145 12 77,791 3,189 2,233 13 80,980 3,320 2,324 14 84,300 3,456 2,419 15 87,757 3,598 2,519 16 91,355 3,746 2,622 17 95,100 3,899 2,729 18 98,999 4,059 2,841 19 103,058 4,225 2,958 20 107,284 4,399 3,079 TOTAL $61,682 $43,178 - 3LOCAL CDOnline Bank-$50,00024 Month4.30%7.76x (National Avg. - 0.55%)$2,500-SCENARIO
Year Rate
4.30%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,150 1,505 2 52,150 2,242 1,570 3 54,392 2,339 1,637 4 56,731 2,439 1,708 5 59,171 2,544 1,781 6 61,715 2,654 1,858 7 64,369 2,768 1,938 8 67,137 2,887 2,021 9 70,024 3,011 2,108 10 73,035 3,140 2,198 11 76,175 3,276 2,293 12 79,451 3,416 2,391 13 82,867 3,563 2,494 14 86,430 3,717 2,602 15 90,147 3,876 2,713 16 94,023 4,043 2,830 17 98,066 4,217 2,952 18 102,283 4,398 3,079 19 106,681 4,587 3,211 20 111,268 4,785 3,349 TOTAL $66,053 $46,237 - 4LOCAL CDOnline Bank-$50,00012 Month4.50%10.25x (National Avg. - 0.44%)$2,500-SCENARIO
Year Rate
4.50%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,250 1,575 2 52,250 2,351 1,646 3 54,601 2,457 1,720 4 57,058 2,568 1,797 5 59,626 2,683 1,878 6 62,309 2,804 1,963 7 65,113 2,930 2,051 8 68,043 3,062 2,143 9 71,105 3,200 2,240 10 74,305 3,344 2,341 11 77,648 3,494 2,446 12 81,143 3,651 2,556 13 84,794 3,816 2,671 14 88,610 3,987 2,791 15 92,597 4,167 2,917 16 96,764 4,354 3,048 17 101,119 4,550 3,185 18 105,669 4,755 3,329 19 110,424 4,969 3,478 20 115,393 5,193 3,635 TOTAL $70,586 $49,410
JP
October 1, 2022 |
Very happy customer, but needs to be pointed out that 3.50% is the rate you will receive in November if you hit step goals in October. The rate for October is 2.50%. Not sure what interest rate a new customer would get for October if they sign up now, but they will get 3.50% in November if they sign up now and reach step goals.
wellden1
Mar 25, 2023
easy workaround - open account with minimum balance, download app, do your steps, fund your account at end of month. easy.