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Colfax Banking Company Rates & Review March 2026

You can compare Colfax Banking Company rates to other rates in our database, including 12-month CD rates currently at 2.60%, 6-month CD rates at 3.50% and 3-month CD rates at 0.90%. Savings rates are at 0.01% and money market rates are at 0.90%. Mortgage rates on 30-year fixed loans are around 6.07%. All these rates can be compared to Colfax Banking Company rates. MonitorBankRates evaluates the financial stability of Colfax Banking Company with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 0.94%. Rates were last updated on 03/28/2026.

Colfax Banking Company money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Colfax Banking Company? Share your experience about Colfax Banking Company by leaving a review below, or read customer reviews before you decide to use Colfax Banking Company.

Overall Health & Safety Grade ?
A+
Exceptional Health Score: 100/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
0.94%
Excellent Lower than avg
Colfax Banking Company
625 8th St
Colfax, LA 71417
https://www.colfaxbanking.com
Member FDIC

Current Rate Availability

We do not have Colfax Banking Company rates right now, but we are constantly updating our database so check back often for updated rates.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Colfax Banking Company is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Colfax Banking Company rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Colfax Banking Company's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Colfax Banking Company
Bank Holding Company COMMUNITY BANCSHARES CO
Address 625 8th St, Colfax, LA 71417  ·  Grant
FDIC Certificate # 8140
Established 01/01/1901
FDIC Insurance Date 01/01/1934
Domestic Offices 5
Total Branches 5
Regulator FDIC
FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A+
Overall Health Grade Score: 100/100
5.0
Exceptional Out of 5.0 Stars
0.94%
Texas Ratio Nat'l avg: 5.85%
Return on Assets (ROA) 0.9735%
Return on Equity (ROE) 16.0100%
Non-Performing Loans (NPL) 0.06%
Total Assets $154,813,000
Total Deposits $140,925,000
Equity Capital $13,504,000
Net Income $1,566,000
Headquarters Colfax
Total Offices 5
Source: FDIC  |  Last Updated 12/31/2025

Customer Reviews

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Frequently Asked Questions About Colfax Banking Company

Is Colfax Banking Company a safe place to deposit money?

Yes, Colfax Banking Company is considered a safe financial institution. With a Texas Ratio of 0.93852156490562%, the institution's financial health is rated as excellent. Your accounts are federally insured by the FDIC (Federal Deposit Insurance Corporation) up to $250,000 per depositor, for each account ownership category.

How many branches does Colfax Banking Company operate?

Colfax Banking Company currently maintains approximately 5 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Colfax Banking Company does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Colfax Banking Company provides members with tools to manage their accounts and build a solid financial history.

Does Colfax Banking Company offer online and mobile banking?

Most modern institutions like Colfax Banking Company provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.colfaxbanking.com.