Affinity Bank


3175 Highway 278
Covington, GA 30014
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.65% →
1-Year CD 0.50% 2.02% →
2-Year CD 0.75% 3.00% →
5-Year CD 1.15% 3.50% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Bank Information

Affinity Bank is an FDIC insured institution located in Covington, GA. It was founded in 1928 and has approximately $0.79 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 29510
Date Established 1928
Assets $ 789.80 million
Loans $ 575.75 million
Deposits $ 626.38 million
Capital $ 103.19 million

For a more detailed analysis of Affinity Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - June 30, 2022

Your Current Location: California, CA 92111

Savings and Money Market Rates APY MIN MAX
0.10% $2,500 $4,999 Learn More
Money Market
0.15% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
6 Mo CD
0.35% $10,000 $14,999 Learn More
6 Mo CD
0.35% $100,000 $199,999 Learn More
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.50% $100,000 $199,999 Learn More
24 Mo CD
0.75% $10,000 $14,999 Learn More
24 Mo CD
0.75% $100,000 $199,999 Learn More
36 Mo CD
0.85% $10,000 $14,999 Learn More
36 Mo CD
0.85% $100,000 $199,999 Learn More
48 Mo CD
0.95% $10,000 $14,999 Learn More
48 Mo CD
0.95% $100,000 $199,999 Learn More
60 Mo CD
1.15% $10,000 $14,999 Learn More
60 Mo CD
1.15% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.06% $2,500 $3,499 Learn MoreShow Less

Online Only Savings Rates of FitnessBank, a division of Affinity Bank

Online Savings Rates APY MIN MAX
Fitness Savings
1.25% $100 - Learn More

Bank Online Offers

Fitness Bank Lowers Top Tier Savings Rate to 2.60% APY
Oct 31, 2019

On November 1, 2019, Fitness Bank is lowering its savings rate to 2.60% APY for those customers who download the bank's app and record an average daily activity of 12,500 steps or more.   Those customers averaging between 10,000 and 12,500 steps will now receive a 2.34% APY.

At the 2.60% APY, Fitness Bank's savings account remains the highest yielding online savings account in the U.S.   See all of the best online savings rates here.   You may still find higher savings rates locally and should compare those rates here.

Fitness Bank Lowers Top Tier Savings Rate to 0.70% APY
Nov 30, 2020

Those FitnessBank account holders who are most active will be able to earn up to 0.70% APY in December (down from 0.85% APY in November).   This rate requires 12,500 average daily steps for users under 65 and 10,000 for those over 65.

Fitness Bank Lowers Top Tier Savings Rate to 0.65% APY
Feb 1, 2021

FitnessBank has lowered its top tier savings rate from 0.70% to 0.65%.   The rate is extended to those customers averaging over 12,500 steps per day (or those over 65 averaging over 10,000 steps per day).

Fitness Bank Lowers Top Tier Savings Rate to 0.55% APY
Aug 2, 2021

Fitness Bank has lowered its top tier savings rate by 10 basis points today.   The rate requires 12,500 average steps (or 10,000 for those over 65).

Fitness Bank Raises Top Tier Savings Rate to 1.25% APY
Jun 1, 2022

In order to receive this rate, you will need to install the Fitness Bank app and maintain an average of over 12,500 steps per day over the course of the month.   Those over age 65 require only 10,000 steps per day. 


Loan Rates - June 30, 2022

Your Current Location: California, CA 92111

There are currently no loan rates available for Affinity Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - California 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Monthly
Learn More
SunnyHill Financial, Inc
NMLS ID: 1708856
License#: 02058287
5.246% 5.125%
0.88 points
$3,430 fees
$1,362 Learn More

Featured - California Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More

Note to Affinity Bank
To upload and update your bank's rates please register. It is free to register and add rates.


Affinity Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
San Diego,California

Affinity Bank Locations

Climate Initiatives

Affinity Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Affinity Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Affinity Bank. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Affinity Bank U.S. Bank Average
9.41% 3.95%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2021, Affinity Bank had $6,975,000 in non-current loans and $3,538,000 in owned real estate. To cover these potential losses it had $103,187,000 in equity and $8,583,000 in loans loss reserves. That gives it a Texas Ratio of 9.41%.

Return on Equity
Affinity Bank U.S. Bank Average
7.97% 10.50%

Affinity Bank has a Return on Equity of 7.97% versus the BestCashCow average of 10.50%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Affinity Bank U.S. Bank Average
13.07% 11.55%

Affinity Bank has a Capitalization of 13.07% versus the BestCashCow average of 11.55. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Affinity Bank Balance Sheet Analysis

As of December 31, 2021, Affinity Bank had assets of $789,797,000, loans of $575,749,000, and deposits of $626,377,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2021
Cash & Balances due from depository institutions $ 82.99 million
Interest-bearing balances $ 66.75 million
Total securities $ 48.56 million
Federal funds sold and reverse repurchase $ 28.78 million
Net loans and leases $ 575.75 million
Loan loss allowance $ 8.58 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 3.54 million
Goodwill and other intangibles $ 18.75 million
All other assets $ 27.94 million
     Total Assets $ 686.61 million
Total deposits $ 626.38 million
      Interest-bearing deposits $ 420.86 million
      Deposits held in domestic offices $ 626.38 million
      % insured (estimated) 77.40%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 54.43 million
Subordinated debt N.A.
All other liabilities $ 5.80 million
      Total Liabilities $ 686.61 million
      Shareholders’ Equity $ 103.19 million

Summary Income Statement

December 31, 2021
Total Interest Income $ 26.34 million
Total Interest Expense $ 3.34 million
Net interest income $ 23.00 million
Provision for loan and lease losses $ 1.15 million
Total non interest income $ 9.07 million
Total non interest expense $ 20.64 million
Pre-tax Net Operating Income $ 10.28 million

Bank Loan Profile?

The top three loan types in Affinity Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Small Business Loans.

Compared to other banks in Georgia, Affinity Bank has a significantly higher percent of Consumer Auto Loans, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 10.95
Credit Card Loans 0.00
Consumer Auto Loans 12.14
Small Business Loans 16.31
Construction and Development Loans 2.83
Commercial Real Estate 44.61
Commercial and Industrial Loans 29.64
Farm Loans 0.00

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