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Bankular
Local banking directory

Banks and Bank Branches in Boaz, Alabama

The FDIC reported 6 deposit-reporting offices from 6 institutions in Boaz as of June 30, 2025. Bankular currently provides 7 detailed location pages with addresses, maps and directions.

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FDIC-reported offices6
Institutions reporting6
Detailed location pages7
Reported branch deposits$565.3M
SOD reporting dateJune 30, 2025

Reported-office totals come from the annual FDIC Summary of Deposits survey. Maps and branch-detail links appear only for locations with a validated Bankular location page.

Market analysis

What the deposit data shows

FDIC SOD, June 30, 2025
Largest institutionFirst Bank of Boaz36.38% of deposits
Top three share80.27%
Deposit HHI2,605Higher concentration
Current detailed pages71 more than the June 2025 SOD count

First Bank of Boaz held 36.38% of reported branch deposits in Boaz. The three largest institutions together held 80.27%. Bankular places the resulting HHI of 2,605 in its higher concentration descriptive band.

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Detailed bank locations in Boaz

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Detailed directory

Institutions with validated location pages

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Detailed bank locations in Boaz

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Local deposit market

Reported offices, deposits and market share

FDIC SOD, June 30, 2025
InstitutionReported officesDepositsShare
First Bank of Boaz1$205.6M36.38%
Peoples Independent Bank1$155.9M27.58%
Wells Fargo Bank1$92.2M16.31%
Cadence Bank1$88.3M15.62%
Peoples Bank of Alabama1$17.3M3.07%
First Southern Bank1$5.9M1.04%