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Compare Southpoint Bank CD Rates and Savings Accounts to MoneyAisle

  • About Southpoint Bank:
    Southpoint Bank is the 2,451st largest bank in the United States. Southpoint Bank makes its headquarters in AL. Southpoint Bank is the 47th largest bank in AL.
  • As of 3/31/2009, Southpoint Bank has 3 branches and 48 full-time employees.
  • The current holding company of Southpoint Bank, established on 10/11/2005 is SouthPoint Bank (no holding company).
  • Southpoint Bank has a net operating income of -$138,000. Southpoint Bank also has $250 Million in total assets.
  • Southpoint Bank, however, is just one bank. If you're looking for the best CD Rates from an FDIC-insured institution, having many banks compete against each other is a quick and easy way to find great rates. Try it now: Compare Southpoint Bank to our Live Auction CD rates.

Southpoint Bank - Fast Facts

  • Bank Legal Name: SouthPoint Bank
  • FDIC #: 58088
  • Headquarters: Birmingham, AL
  • Date Established: October 11, 2005

Southpoint Bank - Financials

Q4-08 Q1-09 Change
Rank in US by Asset Size 2,216 2,451 235
Total Assets $275 M $250 M $25 M
Cash & Balances Due from Depository Institution $29 M $2 M $27 M
Total Deposits $209 M $213 M $3 M
Total Liabilities $253 M $228 M $25 M
Net Operating Income $472 K $138 K $610 K
Net Interest Income $7 M $2 M $5 M
Branches 3 3 0
Employees 49 48 1

Data from FDIC as of 12/31/2008 and 3/31/2009

Recent National Live Auction CD Rates
for March 14, 2010

Term National Avg APY* Overnight
Auction APY
High-Yield Savings Account Rates 0.20% 1.50%
3 Month CD Rates 0.30% 1.01%
9 Month CD Rates 0.69% 1.31%
1 Year CD Rates 0.69% 1.77%
2 Year CD Rates 1.16% 2.11%

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*Source: TheStreet.com

†Overnight Auction APY is a sample rate for a nightly auction for a $50,000 deposit.

* Annual Percentage Yield ("APY")