Providence Bank is a bank based in Rocky Mount, North Carolina, established in 2006, with $1.5 billion in total assets across 10 branches. By Trust Grade it ranks 9th of 38 banks we track in North Carolina. Its capital ratio of 12.5% is stronger than 81% of similarly sized banks, versus a North Carolina median of 11.6%. It was profitable over the most recent period, with a 1.76% return on assets. No consumer complaints against Providence Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Providence Bank compares to North Carolina peers
How we graded Providence Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.5% capital ratio)
- Strongly profitable (ROA 1.76%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Providence Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (10)
- 450 N Winstead Ave, Rocky Mount, NC 27804
- 325 N Main St, Tarboro, NC 27886
- 2414 N Marine Blvd, Jacksonville, NC 28546
- 2401 Sunset Ave, Rocky Mount, NC 27804
- 241 W Washington St, Nashville, NC 27856
- 300 Us Highway 17 N, Holly Ridge, NC 28445
- 8800 Richlands Hwy, Richlands, NC 28574
- 100 E Six Forks Rd, Raleigh, NC 27609
- 4737g Arendell St, Morehead City, NC 28557
- 3710 Nash St N, Wilson, NC 27896
Are deposits at Providence Bank insured?
Yes. Providence Bank is an FDIC-insured bank (FDIC certificate #58239). 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.
Providence Bank: frequently asked questions
Is Providence Bank a good bank?
Providence Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (12.5% capital ratio); Strongly profitable (ROA 1.76%).
Is Providence Bank FDIC-insured?
Yes. Providence Bank is a FDIC-insured bank (FDIC certificate #58239). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Providence Bank?
Providence Bank holds $1.5 billion in total assets, ranking 9th of 38 banks we track in North Carolina. It operates 10 branches.
Does Providence Bank have CFPB complaints?
No CFPB complaints against Providence 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.
