Anchor Bank is a bank based in Palm Beach Gardens, Florida, established in 2005, with $607 million in total assets across 9 branches. By Trust Grade it ranks 49th of 83 banks we track in Florida. Its capital ratio of 8.8% trails most similarly sized banks (26th percentile), versus a Florida median of 9.3%. It was profitable over the most recent period, with a 1.07% return on assets. Consumers filed 3 complaints about Anchor Financial, Inc. with the CFPB — 4.9 per $1B in assets, a lower rate than 65% of peers.
How Anchor Bank compares to Florida peers
How we graded Anchor Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.8% capital ratio)
- Strongly profitable (ROA 1.07%)
- 4.9 complaints per $1B in assets
Consumer complaints (CFPB)
3 complaints filed with the CFPB against Anchor Financial, Inc. — 4.9 per $1B in assets.
Branch locations (9)
- 201 Broad St, Lagrange, GA 30240
- 410 E Main St, Hogansville, GA 30230
- 4500 Pga Blvd, Palm Beach Gardens, FL 33418
- 2092 West Point Rd, Lagrange, GA 30240
- 900 N Federal Hwy, Hallandale Beach, FL 33009
- 1180 N Federal Hwy, Boca Raton, FL 33432
- 6805 Lake Worth Rd, Greenacres, FL 33467
- 2100 Ponce De Leon Blvd, Coral Gables, FL 33134
- 9860 Alternate A1a, Palm Beach Gardens, FL 33410
Are deposits at Anchor Bank insured?
Yes. Anchor Bank is an FDIC-insured bank (FDIC certificate #57931). 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.
Anchor Bank: frequently asked questions
Is Anchor Bank a good bank?
Anchor Bank earns a Bankzia Trust Grade of A (92/100, "Excellent"), based on a financial-strength score of 93/100 and a customer-experience score of 72.86/100. Well-capitalized (8.8% capital ratio); Strongly profitable (ROA 1.07%).
Is Anchor Bank FDIC-insured?
Yes. Anchor Bank is a FDIC-insured bank (FDIC certificate #57931). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Anchor Bank?
Anchor Bank holds $607 million in total assets, ranking 49th of 83 banks we track in Florida. It operates 9 branches.
How many complaints does Anchor Bank have?
Consumers filed 3 complaints about Anchor Financial, Inc. with the CFPB, or 4.9 per $1B in assets.
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.
