First Bank of Boaz
- Bank Name:First Bank of Boaz
- Bank Class:State Chartered - FED Nonmember Bank
- Member FDIC:Certificate #2784
- Routing Number:ACH & Wire - 062202163
- Locations:1 Branch in Alabama
- Web Address:firstbankofboaz.com
First Bank of Boaz Information
First Bank of Boaz was founded in January 1906 and is based in Boaz, Alabama. The bank operates as a subsidiary of First Boaz Bancorporation. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, First Bank of Boaz is classified as a commercial bank, state charter and Fed nonmember, supervised by the FDIC. First Bank of Boaz is a FDIC-insured bank with certificate number of 2784. The assigned Fed RSSD ID of First Bank of Boaz is 533535.
First Bank of Boaz currently operates with 1 branch located in Alabama. First Bank of Boaz is the 116th largest bank in Alabama. The bank does not have any offices outside Alabama.
A routing number is a nine-digit code used to identify a financial institution. The bank has one routing number in our database and the routing number for First Bank of Boaz is 062202163. This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.
The full address of bank headquarters is 124 South Main Street, Boaz, AL 35957. You can visit the official website of the bank at https://firstbankofboaz.com for more information and online banking service if available. For a comprehensive list of First Bank of Boaz branches, including detailed information such as hours of operation, contact numbers, addresses, available services, and more, please narrow your search by selecting a location from the map or list below.
Map Of Branch Locations
History Of First Bank of Boaz
First Bank of Boaz is a financial institution located in Boaz, Alabama, established on January 1, 1906, under the original name The National Bank of Boaz. In June 1981, the bank changed its name to First Bank of Boaz and transitioned to a state charter, withdrawing from membership in the Federal Reserve System as part of this change. On the same date, it also shifted its chartering agency to the state level. Subsequently, the bank rejoined the Federal Reserve System on October 1, 1981. Over two decades later, on January 29, 2007, First Bank of Boaz again withdrew from the Federal Reserve System and changed its regulatory oversight to the Federal Deposit Insurance Corporation (FDIC), marking its status as a state-chartered bank and no longer a member of the Federal Reserve System.
Below is a list of some important events in bank's history, including mergers and acquisitions.
01-29-2007Changed Primary Federal Regulatory Agency to FDIC.
01-29-2007Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
01-29-2007Institution withdraws from membership in the Federal Reserve System.
10-01-1981Institution becomes member of the Federal Reserve System.
06-25-1981Changed Institution Name to First Bank of Boaz.
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