Total Assets
$485.7M
Total Deposits
$441.3M
Branches
9
Established
1988
Peoples Independent Bank is a bank headquartered in Boaz, Alabama, established in 1988. It holds $485.7M in total assets across 9 branch locations. In our editorial opinion, based on public FDIC/NCUA data, Peoples Independent Bank earns a TFS Financial Health Grade of C+ (72.8/100) — our editorial assessment, not an official rating or financial advice.
TFS Health Grade
72.8 / 100
Average financial health
How we gradeTFS Health Grades are our editorial opinion based on public FDIC/NCUA data — not an official rating, not financial advice.
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Financial data through June 30, 2026. Updated by TFS August 28, 2026. Data sourced from FDIC BankFind Suite as of 2026-Q2. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
Data sourced from CFPB Consumer Complaint Database. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
| Branch | Address | City | State | Type |
|---|---|---|---|---|
| Peoples Independent BankHQ | 121 Billy B. Dyar Boulevard | Boaz | AL | 11 |
| Peoples Independent Bank | 3736 Main Street Powell | Fyffe | AL | 11 |
| Peoples Independent Bank | 1167 Main St | Fyffe | AL | 11 |
| Peoples Independent Bank | 5690 Us Highway 278 E | Gadsden | AL | 11 |
| Peoples Independent Bank | 111 Steel Dr | Gurley | AL | 11 |
| Peoples Independent Bank | 99 Alabama Highway 168 | Horton | AL | 11 |
| Peoples Independent Bank | 820 S Broad St | Scottsboro | AL | 11 |
| Peoples Independent Bank | 3915 Pope Ave | Steele | AL | 11 |
| Peoples Independent Bank | 23083 Alabama Highway 75 | Sylvania | AL | 11 |
Data sourced from FDIC BankFind Suite. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
Data sourced from FDIC Enforcement Decisions and Orders / NCUA. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
TFS Financial Health Grades represent our editorial assessment based on publicly available data and our proprietary methodology. They do not represent financial advice or an official government rating. Data on this page is sourced from federal government databases and is believed to be accurate.
Benchmarked against 60 active, federally insured banks reporting in the same quarter and holding roughly 0.5×–2× its assets. Same-state and overlapping-market peers are prioritized.
TFS health score
72.8
Tier 1 capital ratio
9.41%
Return on assets
1.60%
Non-performing loans
0.30%
Efficiency ratio
56.63%
Asset growth (YoY)
5.22%
Suggested direct comparisons
HUNTSVILLE, AL
$8.6B
Complaint percentiles are intentionally withheld while TFS audits CFPB company matching and import coverage. Peer conclusions use complete same-quarter regulatory metrics only.