Black Mountain Savings Bank, Ssb
Black Mountain Savings Bank, Ssb is a bank based in Black Mountain, North Carolina, established in 1923, with $43 million in total assets across 1 branch. By Trust Grade it ranks 32nd of 38 banks we track in North Carolina. Its capital ratio of 12.0% is stronger than 50% of similarly sized banks, versus a North Carolina median of 11.6%. It posted a loss over the most recent period (-0.23% return on assets), a point to watch. No consumer complaints against Black Mountain Savings Bank, Ssb appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Black Mountain Savings Bank, Ssb compares to North Carolina peers
How we graded Black Mountain Savings Bank, Ssb
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.0% capital ratio)
- Unprofitable over the period (ROA -0.23%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Black Mountain Savings Bank, Ssb over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 200 E State St, Black Mountain, NC 28711
Are deposits at Black Mountain Savings Bank, Ssb insured?
Yes. Black Mountain Savings Bank, Ssb is an FDIC-insured bank (FDIC certificate #27897). 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.
Black Mountain Savings Bank, Ssb: frequently asked questions
Is Black Mountain Savings Bank, Ssb a good bank?
Black Mountain Savings Bank, Ssb earns a Bankzia Trust Grade of B (88/100, "Strong"), based on a financial-strength score of 88/100 (it has no CFPB complaints on record). Strongly capitalized (12.0% capital ratio); Unprofitable over the period (ROA -0.23%).
Is Black Mountain Savings Bank, Ssb FDIC-insured?
Yes. Black Mountain Savings Bank, Ssb is a FDIC-insured bank (FDIC certificate #27897). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Black Mountain Savings Bank, Ssb?
Black Mountain Savings Bank, Ssb holds $43 million in total assets, ranking 32nd of 38 banks we track in North Carolina. It operates 1 branch.
Does Black Mountain Savings Bank, Ssb have CFPB complaints?
No CFPB complaints against Black Mountain Savings Bank, Ssb 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.
