First Choice Bank is a bank based in Pontotoc, Mississippi, established in 1900, with $559 million in total assets across 6 branches. By Trust Grade it ranks 55th of 57 banks we track in Mississippi. Its capital ratio of 7.9% trails most similarly sized banks (14th percentile), versus a Mississippi median of 10.9%. It posted a loss over the most recent period (-0.24% return on assets), a point to watch. No consumer complaints against First Choice Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First Choice Bank compares to Mississippi peers
How we graded First Choice Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (7.9% capital ratio)
- Unprofitable over the period (ROA -0.24%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First Choice Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (6)
- Highway 15 North, Pontotoc, MS 38863
- 19 S Main St, Pontotoc, MS 38863
- 7670 Highway 15 N, Ecru, MS 38841
- 301 West Front Street, Houlka, MS 38850
- 3850 N Gloster St, Tupelo, MS 38804
- 3212 Goodman Rd E, Southaven, MS 38672
Are deposits at First Choice Bank insured?
Yes. First Choice Bank is an FDIC-insured bank (FDIC certificate #5006). 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.
First Choice Bank: frequently asked questions
Is First Choice Bank a good bank?
First Choice Bank earns a Bankzia Trust Grade of B (80/100, "Strong"), based on a financial-strength score of 80/100 (it has no CFPB complaints on record). Well-capitalized (7.9% capital ratio); Unprofitable over the period (ROA -0.24%).
Is First Choice Bank FDIC-insured?
Yes. First Choice Bank is a FDIC-insured bank (FDIC certificate #5006). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is First Choice Bank?
First Choice Bank holds $559 million in total assets, ranking 55th of 57 banks we track in Mississippi. It operates 6 branches.
Does First Choice Bank have CFPB complaints?
No CFPB complaints against First Choice 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.
