Southpoint Bank is a bank based in Birmingham, Alabama, established in 2005, with $1.4 billion in total assets across 11 branches. By Trust Grade it ranks 79th of 93 banks we track in Alabama. Its capital ratio of 8.0% trails most similarly sized banks (9th percentile), versus a Alabama median of 10%. It posted a loss over the most recent period (-0.26% return on assets), a point to watch. Consumers filed 4 complaints about SOUTHPOINT FINANCIAL SERVICES, INC. with the CFPB — 2.8 per $1B in assets, a lower rate than 67% of peers.
How Southpoint Bank compares to Alabama peers
How we graded Southpoint Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.0% capital ratio)
- Unprofitable over the period (ROA -0.26%)
- 2.8 complaints per $1B in assets
Consumer complaints (CFPB)
4 complaints filed with the CFPB against SOUTHPOINT FINANCIAL SERVICES, INC. — 2.8 per $1B in assets.
Branch locations (11)
- 4855 Al Highway 157, Cullman, AL 35058
- 44 Butler St, Cullman, AL 35058
- 900 2nd Ave Sw, Cullman, AL 35055
- 3501 Grandview Pkwy, Birmingham, AL 35243
- 906 Main St Ne, Hanceville, AL 35077
- 7278 Gadsden Hwy, Trussville, AL 35173
- 1096 N Brindlee Mountain Pkwy, Arab, AL 35016
- 1101 Main St, Gardendale, AL 35071
- 9833 N Main St, Wilsonville, AL 35186
- 8000 Liberty Pkwy, Birmingham, AL 35242
- 1720 28th Avenue South, Homewood, AL 35209
Are deposits at Southpoint Bank insured?
Yes. Southpoint Bank is an FDIC-insured bank (FDIC certificate #58088). 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.
Southpoint Bank: frequently asked questions
Is Southpoint Bank a good bank?
Southpoint Bank earns a Bankzia Trust Grade of B (81/100, "Strong"), based on a financial-strength score of 81/100 and a customer-experience score of 80.42/100. Well-capitalized (8.0% capital ratio); Unprofitable over the period (ROA -0.26%).
Is Southpoint Bank FDIC-insured?
Yes. Southpoint Bank is a FDIC-insured bank (FDIC certificate #58088). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Southpoint Bank?
Southpoint Bank holds $1.4 billion in total assets, ranking 79th of 93 banks we track in Alabama. It operates 11 branches.
How many complaints does Southpoint Bank have?
Consumers filed 4 complaints about SOUTHPOINT FINANCIAL SERVICES, INC. with the CFPB, or 2.8 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.
