First Bank Of Boaz is a bank based in Boaz, Alabama, established in 1906, with $237 million in total assets across 1 branch. By Trust Grade it ranks 37th of 93 banks we track in Alabama. Its capital ratio of 11.9% is stronger than 72% of similarly sized banks, versus a Alabama median of 10%. It was profitable over the most recent period, with a 0.76% return on assets. No consumer complaints against First Bank Of Boaz appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First Bank Of Boaz compares to Alabama peers
How we graded First Bank Of Boaz
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.9% capital ratio)
- Profitable (ROA 0.76%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First Bank Of Boaz over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 124 S Main St, Boaz, AL 35957
Are deposits at First Bank Of Boaz insured?
Yes. First Bank Of Boaz is an FDIC-insured bank (FDIC certificate #2784). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
First Bank Of Boaz: frequently asked questions
Is First Bank Of Boaz a good bank?
First Bank Of Boaz earns a Bankzia Trust Grade of A (96/100, "Excellent"), based on a financial-strength score of 96/100 (it has no CFPB complaints on record). Strongly capitalized (11.9% capital ratio); Profitable (ROA 0.76%).
Is First Bank Of Boaz FDIC-insured?
Yes. First Bank Of Boaz is a FDIC-insured bank (FDIC certificate #2784). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is First Bank Of Boaz?
First Bank Of Boaz holds $237 million in total assets, ranking 37th of 93 banks we track in Alabama. It operates 1 branch.
Does First Bank Of Boaz have CFPB complaints?
No CFPB complaints against First Bank Of Boaz appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
