Nova Bank
Nova Bank is a bank based in Huntsville, Alabama, established in 2024, with $87 million in total assets across 1 branch. By Trust Grade it ranks 50th of 93 banks we track in Alabama. Its capital ratio of 28.2% is stronger than 93% of similarly sized banks, versus a Alabama median of 10%. It was profitable over the most recent period, with a 0.49% return on assets. No consumer complaints against Nova Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Nova Bank compares to Alabama peers
How we graded Nova Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (28.2% capital ratio)
- Profitable (ROA 0.49%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Nova Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 532 Madison St Se, Huntsville, AL 35801
Are deposits at Nova Bank insured?
Yes. Nova Bank is an FDIC-insured bank (FDIC certificate #59326). 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.
Nova Bank: frequently asked questions
Is Nova Bank a good bank?
Nova Bank earns a Bankzia Trust Grade of A (94/100, "Excellent"), based on a financial-strength score of 94/100 (it has no CFPB complaints on record). Strongly capitalized (28.2% capital ratio); Profitable (ROA 0.49%).
Is Nova Bank FDIC-insured?
Yes. Nova Bank is a FDIC-insured bank (FDIC certificate #59326). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Nova Bank?
Nova Bank holds $87 million in total assets, ranking 50th of 93 banks we track in Alabama. It operates 1 branch.
Does Nova Bank have CFPB complaints?
No CFPB complaints against Nova Bank 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.
