Waterfall Bank is a bank based in Clearwater, Florida, established in 2021, with $422 million in total assets across 2 branches. By Trust Grade it ranks 62nd of 83 banks we track in Florida. Its capital ratio of 12.5% is stronger than 77% of similarly sized banks, versus a Florida median of 9.3%. It posted a loss over the most recent period (-0.11% return on assets), a point to watch. No consumer complaints against Waterfall Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Waterfall Bank compares to Florida peers
How we graded Waterfall Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.5% capital ratio)
- Unprofitable over the period (ROA -0.11%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Waterfall Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (2)
- 500 Mclennan St, Clearwater, FL 33756
- 500 Mclennan St, Clearwater, FL 33756
Are deposits at Waterfall Bank insured?
Yes. Waterfall Bank is an FDIC-insured bank (FDIC certificate #59265). 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.
Waterfall Bank: frequently asked questions
Is Waterfall Bank a good bank?
Waterfall Bank earns a Bankzia Trust Grade of B (89/100, "Strong"), based on a financial-strength score of 89/100 (it has no CFPB complaints on record). Strongly capitalized (12.5% capital ratio); Unprofitable over the period (ROA -0.11%).
Is Waterfall Bank FDIC-insured?
Yes. Waterfall Bank is a FDIC-insured bank (FDIC certificate #59265). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Waterfall Bank?
Waterfall Bank holds $422 million in total assets, ranking 62nd of 83 banks we track in Florida. It operates 2 branches.
Does Waterfall Bank have CFPB complaints?
No CFPB complaints against Waterfall 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.
