Loading
Tap on the profile icon to edit
your financial details.

CCB Community Bank Review

Your Details Done
by Updated
We maintain strict editorial integrity in our writing and assessments. This post contains links from our advertisers, and we may receive compensation when you click these links. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone. | Advertiser Disclosure We maintain strict editorial integrity in our writing and assessments. This post contains links from our advertisers, and we may receive compensation when you click these links. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone. | Advertiser Disclosure
CCB Community Bank Savings
0.45% APY
1. Overview 2. How We Rated It 3. Products Offered 4. Branch Locations

Overview

CCB Community Bank first started operating in 1947 with headquarters located in Andalusia, Alabama. It owns $493 million in assets along with deposits totaling $412 million, ranking it as a medium-size bank. CCB Community Bank has above-average customer service access with a live chat feature, which is helpful for those that work during typical customer service hours. It is a traditional brick-and-mortar bank with access to service representatives at a physical location, in addition to its online and mobile offerings. Overall, CCB Community Bank is a great choice and should warrant serious consideration, with a score of 4.3 out of 5 stars from our team. CCB Community Bank offers a variety of banking products, including savings accounts, checking accounts, money market accounts, CDs, IRAs, mortgage products and credit cards. It has a fair savings rate; other popular banks have higher rates. The bank's standard checking account has a $3.00 monthly fee, which is not too high compared to the average U.S. bank. Finding a checking account with no monthly fee as well as a savings account with a high APY at the same bank is your best bet for returning the most income from your deposits while maintaining easy access to your money.

How We Rated It

SmartAsset's Overall Rating

4.3/5
National Average: 4.1

The overall rating is a weighted average of rates, fees, service quality and financial health.Read more

Rates

4.1
SmartAsset Average: 3.5

CCB Community Bank features a savings rate of 0.45%, which is poor as compared against the national average. Its one-year and five-year term lengths CDs earn at a rate of 1.78% and 2.00%, respectively, while its highest-yielding money market account has an APY of 1.40%. Given CCB Community Bank's poor savings rate, you should consider opting for higher earning savings accounts with other banks.

How CCB Community Bank's Savings Rates Compare

CCB Community Bank Savings 0.45 National Average 0.26 Compare Offers
Back to Overview

Fees

4.0
SmartAsset Average: 4.4

CCB Community Bank has typically average fees compared to the average U.S. bank. At $3.00/month, CCB Community Bank's checking account is less than great for those who want a hassle-free checking account. Also, CCB Community Bank has an overdraft fee of $34.00, which is lower than the national average overdraft fee. CCB Community Bank does not reimburse out-of-network ATM charges, meaning you will be required to find a CCB Community Bank ATM or eat the withdrawal fee.

Monthly Fee $3.00 National Average: $3.21
Non-network ATM Fee N/A National Average: $1.20
Overdraft Fee $34.00 National Average: $35.00
Back to Overview

Service Quality

4.5
SmartAsset Average: 3.7

CCB Community Bank is a brick-and-mortar bank, with four total bank locations in Alabama and Florida. It also offers access to mobile and web apps for an easy mobile-banking experience. Additionally, CCB Community Bank customers can access live chat for help, giving customers an easy access point throughout the day. CCB Community Bank gets positive ratings from customers for its mobile platform. The CCB Community Bank mobile app has been given a 4.6 out of 5 (out of 51 customer reviews on iOS and Android) compared to the national average of 3.8. You can access CCB Community Bank's app to control your bank accounts by monitoring account balances, transferring funds and accessing customer service. CCB Community Bank receives an excellent consumer satisfaction score due to comparatively few complaints filed with the Consumer Financial Protection Bureau (CFPB), a government-backed consumer protection agency.

Overall Mobile Rating 4.6/5
Consumer Satisfaction Rating 5.0/5
Online Banking Portal No
Live Chat Yes
Back to Overview

Financial Health

4.7
SmartAsset Average: 4.8

CCB Community Bank is currently a medium-size bank owning $493 million in assets as well as deposits totaling $412 million. It has a strong Texas Ratio of 7.36%, denoting a tiny possibility of failure. Additionally, CCB Community Bank is FDIC-insured, meaning that your money is insured up to $250,000, even in the event of bank failure.

Texas Ratio Analysis

7.36%
High Risk 75% 50% 20% 10% Low Risk

The Texas Ratio, a measure of a "bad assets" against available capital, can provide an early warning sign of bank failure. A low ratio indicates smaller chance of failure; a higher ratio suggests greater risk.

Back to Overview

Compare CCB Community Bank to Other Competitive Offers

Products Offered

Product Current Terms and Rates Minimum Balance for APY
Savings Account 0.45% APY $200
Checking Account 0.1% APY $1500
Certificates of Deposit
  • 12 Month: 1.78% APY
  • 24 Month: 1.00% APY
  • 36 Month: 1.40% APY
  • 48 Month: 2.00% APY
  • 60 Month: 2.00% APY
$500 for all terms
Money Market Accounts 1.25% APY 1.4% APY $10000 $15000

CCB Community Bank has several deposit products including savings accounts, checking accounts, money market accounts and CDs that provide you with many options to manage your money. CCB Community Bank does not have the best savings rate, which means you should consider looking elsewhere for banks that deliver more return for your money. CDs can be a terrific option to achieve higher returns, but there are limitations to accessing your money. CCB Community Bank's CD rates are fair compared to the national average.

Back to Overview

Find a CCB Community Bank Near Me

CCB Community Bank has four physical branches in the U.S.

Back to Overview
Save more with these rates that beat the National Average
Unfortunately, we are currently unable to find savings account that fit your criteria. Please change your search criteria and try again.
Searching for accounts...
Ad Disclosure
Unfortunately, we are currently unable to find savings account that fit your criteria. Please change your search criteria and try again.
Searching for accounts...
Ad Disclosure