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Palmetto Bay Branch

A Branch location of Grove Bank & Trust

The Palmetto Bay Branch branch, located in Miami, is a Full Service Office of Grove Bank & Trust. The parent institution is chartered by the State Agency and is primarily regulated by the DIF. The institution’s last report showed total deposits of $935,686,000 and total assets of $1,209,777,000.

Branch Ranking ✨

  • Ranked by Deposits in Florida: #2,335 of 4,156
  • Ranked by Deposits within Grove Bank & Trust: #3 of 4

Financial Highlights

  • The branch holds $95,210,000 in deposits.
  • The parent institution has $1,209,777,000 in assets and $935,686,000 in deposits.

To put the parent bank's financials in perspective:

  • With its total assets, the bank could purchase roughly 24,769 new cars at the average U.S. price. 🚗
  • The bank's total deposits are enough to buy approximately 2,294 homes at the typical Florida home value. 🏠

Branch Details

Address 14695 S Dixie Hwy, Miami, FL 33176
Service Type Full Service Office
Trust Powers Not Known
FDIC Certificate # 8018
Bank Class SM
Chartering Agency State Agency
Primary Regulator DIF
County (FIPS) Miami-Dade (12086)
Established Date 03/04/2002
Branch Description 100.0

Regulatory & Institutional Details 🏛️

Main Office Info

  • Location: Miami, FL
  • Fed District: Atlanta
  • OCC District:
  • FDIC Insured: Yes

Holding Company

  • Name: COCONUT GROVE BANKSHARES, INC.
  • RSSD ID: 2809560

Branch Hours & Contact 📞

No hours or contact information available for this branch.

Branch Rating:

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