Bank · FDIC insured
Bank of Magnolia
A $107.8M bank headquartered in Magnolia, OH, with 3 branches in Ohio. Best rates: CDs 4.00% and savings 0.03% APY.
Bank of Magnolia Carrot Score
63
Carrot Score
Higher than 9% of U.S. banks and credit unions
#18 of 23 in Canton, OH metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Bank of Magnolia
Established in 1899 as William H. Greer’s Sons, The Bank of Magnolia Company is a family-owned bank incorporated under its current name in 1910.
Headquartered in Magnolia, Ohio, the bank operates branch offices in Magnolia, East Sparta, and Canton to serve Stark, Tuscarawas, and Carroll counties.
- Headquarters
- 122 N Main St, Magnolia, OH 44643
- FDIC certificate
- 2300 ↗
Branches
3 branches in Ohio
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Ohio
3 branches
- The Bank of Magnolia CompanyMain office122 N Main St, Magnolia, OH 44643Directions
- Canton South Branch3221 Cleveland Ave S, Canton, OH 44707Directions
- East Sparta Branch10045 Cleveland Ave Se, Magnolia, OH 44643Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 12.96% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.12% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.71% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $74 | $81 | — |
- CapitalLeverage ratio12.96%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.12%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.71%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$74Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Bank of Magnolia are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.