Total Branches in Florida: 4
Grove Bank & Trust is a significant financial presence in Florida. The bank maintains 4 branches across the state, with a total of $935,685,000 in deposits as of the latest FDIC Summary of Deposits survey. This translates to approximately $40.11 in deposits per Florida resident and a bank density of about 0.02 branches per 100,000 people. Additionally, with total assets of $1,209,777,000, the bank has approximately $51.85 in assets per Florida resident.
The Community Reinvestment Act (CRA) rating reflects the bank's record of meeting the credit needs of its community, including low- and moderate-income areas. The ratings are: Outstanding, Satisfactory, Needs to Improve, and Substantial Noncompliance.
Rating: Satisfactory
Date: Oct 25, 2021
Exam Method: Intermediate Small Bank (e.g., Large Bank Exam applies to institutions above a certain asset threshold)
Assets at Exam: $860,806,000
10/25/2021: Satisfactory
09/17/2018: Satisfactory
07/13/2015: Satisfactory
05/21/2012: Satisfactory
05/24/2010: Satisfactory
04/07/2008: Satisfactory
03/06/2006: Outstanding
02/23/2004: Satisfactory
12/03/2001: Satisfactory
12/13/1999: Satisfactory
05/19/1997: Satisfactory
08/01/1995: Satisfactory
09/01/1993: Needs to Improve
05/27/1990: Satisfactory
RSSD ID: 648130
Primary Federal Regulator: Federal Reserve System
FRS Member: Yes
Existence Date: N/A
BHC Status: Not applicable
Primary Insurer: DIF (Deposit Insurance Fund) (Not valid prior to 03/31/2006)
CUSIP ID: N/A (Identifies stocks and debt securities)
LEI: N/A (Unique ID for legal entities engaging in financial transactions)
These are companies that the main bank owns or directs. The listing below shows entities the bank has the power to control (`Controlled`).
If you see 0.00% Equity, it means the bank controls the subsidiary using a legal tool other than voting stock, such as a management contract or a fiduciary arrangement (See Other Basis Ind).
No recent transformation events found where this entity was the successor (survivor).
2701 S Bayshore Dr
Miami, FL 33133
20801 Biscayne Blvd, FL
2151 S Le Jeune Rd, Ste 100, FL
14695 S Dixie Hwy, FL
6400 S Dixie Hwy, FL