follow site According to the Rome News Tribune local Floyd County Banks added over $870 million in deposits during the last fiscal year, which ended in June.
The report stated that seven of the banks reported an increase in deposits with only two reporting declines.
It also showed that SunTrust Bank was ranked tops in the list with the highest increase of deposits.
The bank reported deposits of over $1 billion, up by $780 million than 2016.
Citizens First announced that their deposits increased by $12 million. The number ranks them second locally with a total of $285.2 million.
At number four in Floyd County, Regions Bank, which saw its deposits drop about $1.8 million to $176.1 million.
Other banks included:
Wells Fargo — $150.0 million, up from $140.5 million
River City Bank — $137.0 million, down from $137.7 million
Greater Community Bank — $99.7 million, up from $91.7 million
Bank of the Ozarks — $56.1 million, up from $37.6 million