Bank · FDIC insured
Commonwealth National Bank
A $78.5M bank headquartered in Mobile, AL, with 2 branches in Alabama. Best rates: savings 0.35% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: rates are not published online. Auto loans: no rates found on its website. Credit cards: no rates found on its website.
- Savings750.35%at $1,000Savings rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Commonwealth National Bank
Founded in 1976, Commonwealth National Bank is a Black-owned bank headquartered in Mobile, Alabama.
Established by African-American businessmen to combat discriminatory lending practices, the institution remains locally owned and operated.
The bank focuses on serving historically underserved neighborhoods and low- to moderate-income households across Mobile and the Gulf Coast.
- Headquarters
- 2214 Saint Stephens Rd, Mobile, AL 36617
- FDIC certificate
- 22229 ↗
Branches
2 branches in Alabama
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Alabama
2 branches
- Commonwealth National BankMain office2214 Saint Stephens Rd, Mobile, AL 36617Directions
- Government Branch3959 Government Blvd, Mobile, AL 36693Directions
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 | 13.73% | 12.77% | 16.04% or more |
| Troubled loansNoncurrent | 4.31% | 0.46% | 0.00% or less |
| ProfitabilityReturn on assets | -0.30% | 0.99% | 1.52% or more |
| LendingLoans per $100 deposited | $45 | $67 | — |
- CapitalLeverage ratio13.73%Peers’ middle 12.77% · Top 25% 16.04%+
- Troubled loansNoncurrent4.31%Peers’ middle 0.46% · Top 25% ≤0.00%
- ProfitabilityReturn on assets-0.30%Peers’ middle 0.99% · Top 25% 1.52%+
- LendingLoans per $100 deposited$45Peers’ middle $67
Compared with the 546 banks with under $100 million 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 Commonwealth National Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.