Bank Independent is a bank based in Sheffield, Alabama, established in 1947, with $3.0 billion in total assets across 34 branches. By Trust Grade it ranks 34th of 93 banks we track in Alabama. Its capital ratio of 9.9% trails most similarly sized banks (43th percentile), versus a Alabama median of 10%. It was profitable over the most recent period, with a 0.93% return on assets. No consumer complaints against Bank Independent appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Bank Independent compares to Alabama peers
How we graded Bank Independent
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.9% capital ratio)
- Profitable (ROA 0.93%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Bank Independent over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (34)
- 710 S Montgomery Ave, Sheffield, AL 35660
- 1425 Beltline Rd Sw, Decatur, AL 35601
- 210 S Pine St, Florence, AL 35630
- 902 Highway 31 Nw, Hartselle, AL 35640
- 101 S Clinton St, Athens, AL 35611
- 360 Alabama Street, Courtland, AL 35618
- 22899 Al Highway 24, Moulton, AL 35650
- 117 4th Ave Se, Red Bay, AL 35582
- 102 2nd Ave Se, Decatur, AL 35601
- 13566 Highway 43, Russellville, AL 35653
- 8720 Main St, Leighton, AL 35646
- 119 N Main St, Tuscumbia, AL 35674
- 729 E 2nd St, Sheffield, AL 35660
- 863 Cox Creek Pkwy, Florence, AL 35630
- 8260 Highway 72, Cherokee, AL 35616
- 1701 Darby Dr, Florence, AL 35630
- 2902 Florence Blvd, Florence, AL 35630
- 11250 Highway 101, Lexington, AL 35648
- 102 Bank Street, Rogersville, AL 35652
- 1081 Highway 72, Killen, AL 35645
- 1109 Avalon Ave, Muscle Shoals, AL 35661
- 304 East Doctor Hicks Boulevard, Florence, AL 35630
- 22015 Us Highway 72, Athens, AL 35613
- 2606 Highway 31 S, Decatur, AL 35603
- 225 Holmes Ave Ne, Suite 100, Huntsville, AL 35801
- 7564 Highway 72 W Ste A1, Madison, AL 35758
- 15259 Court St, Moulton, AL 35650
- 426 Veterans Dr, Florence, AL 35630
- 200 N Commons St E, Tuscumbia, AL 35674
- 1084 Mid City Dr Nw, Huntsville, AL 35806
- 410 Sutton Road, Owens Cross Roads, AL 35763
- 11254 County Line Rd, Madison, AL 35756
- 9010 Memorial Parkway Sw, Huntsville, AL 35802
- 401 Jackson Ave N, Russellville, AL 35653
Are deposits at Bank Independent insured?
Yes. Bank Independent is an FDIC-insured bank (FDIC certificate #16604). 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.
Bank Independent: frequently asked questions
Is Bank Independent a good bank?
Bank Independent earns a Bankzia Trust Grade of A (97/100, "Excellent"), based on a financial-strength score of 97/100 (it has no CFPB complaints on record). Strongly capitalized (9.9% capital ratio); Profitable (ROA 0.93%).
Is Bank Independent FDIC-insured?
Yes. Bank Independent is a FDIC-insured bank (FDIC certificate #16604). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Bank Independent?
Bank Independent holds $3.0 billion in total assets, ranking 34th of 93 banks we track in Alabama. It operates 34 branches.
Does Bank Independent have CFPB complaints?
No CFPB complaints against Bank Independent 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.
