Grove Bank & Trust is a bank based in Miami, Florida, established in 1926, with $1.4 billion in total assets across 5 branches. By Trust Grade it ranks 41st of 83 banks we track in Florida. Its capital ratio of 9.6% trails most similarly sized banks (37th percentile), versus a Florida median of 9.3%. It was profitable over the most recent period, with a 0.69% return on assets. No consumer complaints against Grove Bank & Trust appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Grove Bank & Trust compares to Florida peers
How we graded Grove Bank & Trust
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.6% capital ratio)
- Profitable (ROA 0.69%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Grove Bank & Trust over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (5)
- 14695 S Dixie Hwy, Miami, FL 33176
- 20801 Biscayne Blvd, Aventura, FL 33180
- 2151 S Le Jeune Rd, Coral Gables, FL 33134
- 6400 S Dixie Hwy, South Miami, FL 33143
- 2701 S Bayshore Dr, Miami, FL 33133
Are deposits at Grove Bank & Trust insured?
Yes. Grove Bank & Trust is an FDIC-insured bank (FDIC certificate #8018). 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.
Grove Bank & Trust: frequently asked questions
Is Grove Bank & Trust a good bank?
Grove Bank & Trust 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 (9.6% capital ratio); Profitable (ROA 0.69%).
Is Grove Bank & Trust FDIC-insured?
Yes. Grove Bank & Trust is a FDIC-insured bank (FDIC certificate #8018). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Grove Bank & Trust?
Grove Bank & Trust holds $1.4 billion in total assets, ranking 41st of 83 banks we track in Florida. It operates 5 branches.
Does Grove Bank & Trust have CFPB complaints?
No CFPB complaints against Grove Bank & Trust 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.
