Bank · FDIC insured
Providence Bank
A $1.5B bank headquartered in Rocky Mount, NC, with 10 branches in North Carolina. Best rates: CDs 4.20% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. Savings: carrot has not captured enough rates to score this yet. Auto loans: no rates found on its website. Credit cards: no rates found on its website.
- CDs874.20%for 16–30 monthsCD rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Providence Bank
Providence Bank was formed in 2005 to serve the Rocky Mount–Tarboro area, opened in 2006, and is owned by holding company PB Financial Corporation.
The bank acquired Cornerstone Bank in Wilson in 2018, opened a Raleigh branch in 2020, and expanded into coastal North Carolina by acquiring Coastal Bank & Trust in 2024.
- Headquarters
- 450 N Winstead Ave, Rocky Mount, NC 27804
- FDIC certificate
- 58239 ↗
Branches
10 branches in North Carolina
Loading map…
North Carolina
10 branches
Rocky Mount area · 4
- Providence BankMain office450 N Winstead Ave, Rocky Mount, NC 27804Directions
- Nashville Branch241 W Washington St, Nashville, NC 27856Directions
- Sunset Avenue Branch2401 Sunset Ave, Rocky Mount, NC 27804Directions
- Tarboro Branch325 N Main St, Tarboro, NC 27886Directions
Jacksonville area · 3
- Holly Ridge Branch300 Us Highway 17 N, Holly Ridge, NC 28445Directions
- Coastal Bank & Trust Branch2414 N Marine Blvd, Jacksonville, NC 28546Directions
- Richlands Branch8800 Richlands Hwy, Richlands, NC 28574Directions
Morehead City area · 1
- Morehead City Branch4737g Arendell St, Morehead City, NC 28557Directions
Raleigh area · 1
- Raleigh Branch100 E Six Forks Rd, Raleigh, NC 27609Directions
Wilson area · 1
- Cornerstone Bank Branch3710 Nash St N, Wilson, NC 27896Directions
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 | 12.21% | 10.49% | 11.89% or more |
| Troubled loansNoncurrent | 0.12% | 0.52% | 0.23% or less |
| ProfitabilityReturn on assets | 1.80% | 1.25% | 1.62% or more |
| LendingLoans per $100 deposited | $97 | $88 | — |
- CapitalLeverage ratio12.21%Peers’ middle 10.49% · Top 25% 11.89%+
- Troubled loansNoncurrent0.12%Peers’ middle 0.52% · Top 25% ≤0.23%
- ProfitabilityReturn on assets1.80%Peers’ middle 1.25% · Top 25% 1.62%+
- LendingLoans per $100 deposited$97Peers’ middle $88
Compared with the 897 banks with $1 billion to $10 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 Providence Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.