Bank · FDIC insured
Exchange Bank
A $392.5M bank headquartered in Altoona, AL, with 5 branches in Alabama. Best rates: CDs 4.10% and savings 0.10% APY.
Exchange Bank Carrot Score
76
Carrot Score
Higher than 42% of U.S. banks and credit unions
#6 of 8 in Gadsden, AL metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Exchange Bank
The Exchange Bank of Alabama was established in 1909 when it opened its doors as First State Bank of Altoona.
Owned by holding company Gadsden Corporation, the institution operates five full-service offices located throughout Etowah County.
The bank is designated as an SBA Preferred Lender.
- Headquarters
- 7170 6th Ave, Altoona, AL 35952
- FDIC certificate
- 54 ↗
Branches
5 branches in Alabama
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Alabama
5 branches
- The Exchange Bank of AlabamaMain office7170 6th Ave, Altoona, AL 35952Directions
- Attalla Branch923 Cleveland Ave, Attalla, AL 35954Directions
- Gadsden Branch230 N 3rd St, Gadsden, AL 35901Directions
- Noccalula Village Branch1321 Noccalula Rd, Gadsden, AL 35904Directions
- Rainbow City Branch3003 Rainbow Dr, Rainbow City, AL 35906Directions
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 | 15.30% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.04% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.21% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $62 | $81 | — |
- CapitalLeverage ratio15.30%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.04%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.21%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$62Peers’ 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 Exchange Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.