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Tarboro Savings Bank, Ssb

Tarboro, NC · Est. 1906 · Website ↗
B
Trust Grade
Strong
Score: 88/100

Tarboro Savings Bank, Ssb is a bank based in Tarboro, North Carolina, established in 1906, with $55 million in total assets across 1 branch. By Trust Grade it ranks 33rd of 38 banks we track in North Carolina. Its capital ratio of 11.5% trails most similarly sized banks (44th percentile), versus a North Carolina median of 11.6%. It posted a loss over the most recent period (-0.19% return on assets), a point to watch. No consumer complaints against Tarboro 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.

Total assets
$54.6M
<$100M institution
Deposits
$48.2M
Branches
1
Capital ratio
11.5%
Bottom 44% of <$100M peers · North Carolina median 11.6%
Return on assets
-0.2%
Bottom 13% of <$100M peers · North Carolina median 0.9%
Rank in North Carolina
#33
of 38 banks

How Tarboro Savings Bank, Ssb compares to North Carolina peers

Capital ratio
Bottom 44% of <$100M peers
Tarboro Savings
11.5%
North Carolina median
11.6%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 13% of <$100M peers
Tarboro Savings
-0.2%
North Carolina median
0.9%
Higher ROA = more profitable relative to asset base

How we graded Tarboro Savings Bank, Ssb

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
88/100
Customer experience
n/a
Overall
B · 88
  • Strongly capitalized (11.5% capital ratio)
  • Unprofitable over the period (ROA -0.19%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Tarboro Savings Bank, Ssb over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (1)

  • 501 N Main St, Tarboro, NC 27886

Are deposits at Tarboro Savings Bank, Ssb insured?

Yes. Tarboro Savings Bank, Ssb is an FDIC-insured bank (FDIC certificate #29061). 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.

Tarboro Savings Bank, Ssb: frequently asked questions

Is Tarboro Savings Bank, Ssb a good bank?

Tarboro 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 (11.5% capital ratio); Unprofitable over the period (ROA -0.19%).

Is Tarboro Savings Bank, Ssb FDIC-insured?

Yes. Tarboro Savings Bank, Ssb is a FDIC-insured bank (FDIC certificate #29061). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Tarboro Savings Bank, Ssb?

Tarboro Savings Bank, Ssb holds $55 million in total assets, ranking 33rd of 38 banks we track in North Carolina. It operates 1 branch.

Does Tarboro Savings Bank, Ssb have CFPB complaints?

No CFPB complaints against Tarboro Savings Bank, Ssb appear in our data over the analysis window, which is typical for a bank of this size.

Similar Banks

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Jackson Savings Bank, Ssb
bank · Sylva, NC · $31M assets
Hertford Savings Bank, Ssb
bank · Hertford, NC · $20M assets
Cedar Hill National Bank
bank · Charlotte, NC · $16M assets
Riverside Savings Bank, Ssb
bank · Roanoke Rapids, NC · $94M assets

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.

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