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Friend Bank Rates & Review August 2026

Q: How many branches does Friend Bank operate?

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

Q: Is there a first-time homebuyer program?

Currently, Friend Bank 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.

Q: Are credit management and repair services offered?

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

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: August 28, 2026

Friend Bank rates are not currently in our database, but you can compare rates from other banks and credit unions we track: 12-month CD rates are currently at 2.92%, 6-month CD rates at 2.77% and 3-month CD rates at 2.55%. Savings rates are at 0.84% and money market rates are at 1.17%. Mortgage rates on 30-year fixed loans are around 6.69%. These rates come from our rate database, not Friend Bank, and you can see how they compare in the Friend Bank rate tables below. MonitorBankRates evaluates the financial stability of Friend Bank with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.11%. Database rates last updated and verified on 08/28/2026.

Friend Bank 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 Friend Bank? Share your experience about Friend Bank by leaving a review below, or read customer reviews before you decide to use Friend Bank.

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Overall Health & Safety Grade

A+

Exceptional Health Score: 99/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

1.11%

Excellent Lower than avg

Friend Bank

220 E Lawrence Harris Hwy
Slocomb, AL 36375

https://www.friendbank.net

Friend Bank Checking Rates

Product	Rate	APY
Smart Checking	4.15%	4.23%
Details Qualifications Required: 15 debit card POS transactions post and settle to account monthly; prior to the last business day of the month; One direct deposit or ACH debit post to account monthly; prior to the last business day of the month; Sign up for Online Banking and E-statements; Bonus rate on the first $20,000 of deposits; Rates are accurate as of September 1, 2025. Rates may change after the account is opened. Fees may reduce earnings. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.11%
Smart Checking	-	0.25%
Min Balance $20,000 Details Qualifications Required: 15 debit card POS transactions post and settle to account monthly; prior to the last business day of the month; One direct deposit or ACH debit post to account monthly; prior to the last business day of the month; Sign up for Online Banking and E-statements; Competitive rate on balances over $20,000; Rates are accurate as of September 1, 2025. Rates may change after the account is opened. Fees may reduce earnings. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.11%
Smart Checking	-	0.10%
Details Competitive rate on all balances even if you do not qualify; Rates are accurate as of September 1, 2025. Rates may change after the account is opened. Fees may reduce earnings. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.11%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Friend Bank 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 Friend Bank 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 Friend Bank's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Friend Bank

Bank Holding Company SNB HOLDINGS INC

Address 220 E Lawrence Harris Hwy, Slocomb, AL 36375 · Geneva

Website https://www.friendbank.net

FDIC Certificate # 2828

Established 10/01/1905

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: 99/100

5.0

Exceptional Out of 5.0 Stars

1.11%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 1.8117%

Return on Equity (ROE) 16.9900%

Non-Performing Loans (NPL) 0.11%

Total Assets $213,000,000

Total Deposits $182,700,000

Equity Capital $29,112,000

Net Income $3,151,000

Headquarters Slocomb

Total Branches and Offices 5

Source: FDIC | Last Updated 12/31/2025

2026 MBR Health & Safety Badge

Friend Bank earned the Verified Strong badge

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Customer Reviews

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Average Rating

☆☆☆☆☆

Total Reviews

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Frequently Asked Questions About Friend Bank

How many branches does Friend Bank operate?

Friend Bank 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, Friend Bank 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, Friend Bank provides members with tools to manage their accounts and build a solid financial history.

Does Friend Bank offer online and mobile banking?

Most modern institutions like Friend Bank 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.friendbank.net.