At a glance
From its website, read 3 Nov 2026Friend Bank is a bank or thrift based in Slocomb, Alabama. Its website describes auto loans, commercial real estate loans, home mortgages and 3 other loan types. You can start an application online.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Toll-free | (888) 730-7517 source |
|---|---|
| Apply online | Page with the application link |
| Website | www.friendbank.net/bank-in-slocomb-alabama |
| Office (official list) | Post Office Box 640, Slocomb, AL 36375 |
What their website says about applying
If you would like to complete an application in advance, please print the application linked below and bring it to your Friend office.
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Bank or thrift |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 9 Jun 2026 |
| RSSD ID | 244037 |
| Address | Post Office Box 640, Slocomb, AL 36375 Directions to the main office (Google Maps) |
| Website | www.friendbank.net/bank-in-slocomb-alabama |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 3 Nov 2026Read from 12 pages of the lender's website on 3 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: high. The pages state no loan amounts or service area; the personal loan and mortgage pages give no amounts. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Auto / vehicle loans | — | Need a ride? We can take you there with our automobile loan. We also finance motorcycles, ATV’s, boats, RV’s and more. | source |
| Commercial real estate loans | — | We offer a variety of solutions for borrowers seeking financing for purchase, refinance, or construction. | source |
| Home mortgages | — | Conventional, FHA, USDA, VA | source |
| Personal / consumer loans | — | Friend offers fixed-rate and variable-rate loans with a variety of rates and terms to best fit your needs. | source |
| SBA-backed loans (7(a)/504/Community Advantage) | — | As an approved SBA Express Lender, Friend Bank can offer favorable terms to eligible small businesses through the 7(a), 504, and SBA Express programs. | source |
| Small-business loans | — | Whether providing working capital, financing inventory, purchasing equipment, or something in between, we have a solution designed for every situation. | source |
Loan sizes
No amounts stated on the pages we read.
Service area
Not stated on the pages we read.
Borrower focus
- Not stated on the pages we read.
Languages
- No non-English service found on the pages we read.
Online application
Yes — the site links to an application. Easy Online Application
source
Pages read (12)
- https://www.friendbank.net/
- https://www.friendbank.net/business-friend/loan-products
- https://www.friendbank.net/family-friend/loan-products/home-mortgage
- https://www.friendbank.net/family-friend/loan-products/personal-loans
- https://www.friendbank.net/family-friend/deposit-products
- https://www.friendbank.net/business-friend/deposit-services
- https://www.friendbank.net/business-friend/other-products-services
- https://www.friendbank.net/business-friend/online-solutions
- https://www.friendbank.net/family-friend/other-products-services
- https://www.friendbank.net/community-friend/community/financial-wellness
- https://www.friendbank.net/uploads/userfiles/files/documents/2026%20Consumer%20CC%20-Friend%20Bank-T%26C.pdf
- https://www.friendbank.net/education-center/understanding-and-using-credit
Questions to ask when you contact them
Based on what their website said when we read it on 3 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- Do you lend where I live, or where my business is?
Their website does not say which area they serve. - What are the smallest and the largest loans you make?
No loan amounts are stated on their website. - What is the APR, including fees, on your auto loans and home mortgages?
Their website does not state an APR. The APR includes fees, so it is the number to compare. - What interest rate and fees should I expect on your commercial real estate loans and SBA-backed loans?
Their website does not state a rate for this. - Is there a minimum credit score, and do you consider borrowers with little or no credit history?
Their website does not say what credit history they accept. - Do you need collateral, a business plan or a minimum time in business?
Their website does not say what they require. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$5.1 million in 6 awards from the U.S. Treasury's CDFI Fund, 2019–2023 (Bank Enterprise Award Program; CDFI Equitable Recovery Program; CDFI Rapid Response Program).
| Round year | Program | Amount |
|---|---|---|
| 2023 | Bank Enterprise Award Program | $174,765 |
| 2022 | CDFI Equitable Recovery Program | $2,478,839 |
| 2021 | Bank Enterprise Award Program | $170,699 |
| 2021 | CDFI Rapid Response Program | $1,826,265 |
| 2020 | Bank Enterprise Award Program | $202,898 |
| 2019 | Bank Enterprise Award Program | $245,547 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Branches and size
FDIC, 30 Jun 2026On file with the FDIC as Friend Bank (FDIC cert 2828). Source: FDIC BankFind Suite (public data): total assets from the Call Report as of 30 Jun 2026; office list as of 30 Oct 2026, downloaded 3 Nov 2026.
| Total assets | $221 million (as of 30 Jun 2026) |
|---|---|
| Offices | 5 (as of 30 Oct 2026) |
Offices by state and county (5)
Alabama (5 offices)
- Dale County (1): 465 S College St, Newton 36352
- Geneva County (3): 220 E Lawrence Harris Hwy, Slocomb 36375 (main office); 1242 Magolia Ave, Geneva 36340; 307 W Main St, Hartford 36344
- Houston County (1): 3105 Ross Clark Cir, Dothan 36303
An office shows where the lender has a branch, not where it lends or whom it lends to.
What the regulator filing shows
Call Report, 30 Jun 2026Figures from the Call Report filed by Friend Bank (RSSD 244037, FDIC cert 2828). Source: FFIEC Central Data Repository, bulk Call Report data (public data), report date 30 Jun 2026; year-earlier figures from the 30 Jun 2025 report; downloaded 4 Nov 2026. Schedules RC-C Parts I and II, dollar amounts filed in thousands.
| Total loans and leases | $142.7 million (as of 30 Jun 2026, net of unearned income) |
|---|---|
| Change over the year | Up 7.5% from $132.7 million on 30 Jun 2025 |
| Total assets | $221 million (as of 30 Jun 2026) |
Loan mix (balances on 30 Jun 2026)
| Loan category | Balance | Share |
|---|---|---|
| Home mortgages (1-4 family, closed-end) | $53 million | 37.1% |
| Home equity lines of credit | $1.1 million | 0.8% |
| Commercial real estate, construction and multifamily | $61.6 million | 43.2% |
| Commercial and industrial (business) loans | $10.2 million | 7.1% |
| Farmland and farm production loans | $8.9 million | 6.3% |
| Consumer loans (credit cards, auto, other) | $3.3 million | 2.3% |
| All other loans and leases | $4.6 million | 3.2% |
Within consumer loans: auto loans $1 million.
Small business loans (original amount $1 million or less, balances on 30 Jun 2026)
| Original loan amount | Secured by business property | Commercial and industrial |
|---|---|---|
| Up to $100,000 | 26 loans $1.3 million | 148 loans $3.4 million |
| $100,001 to $250,000 | 28 loans $3.9 million | 16 loans $1.3 million |
| $250,001 to $1 million | 40 loans $14 million | 7 loans $1.8 million |
| All small business loans | 94 loans $19.3 million | 171 loans $6.6 million |
Small farm loans (original amount $500,000 or less, balances on 30 Jun 2026)
| Original loan amount | Secured by farmland | Farm production |
|---|---|---|
| Up to $100,000 | 17 loans $706,000 | 41 loans $1 million |
| $100,001 to $250,000 | 9 loans $1.1 million | 9 loans $741,000 |
| $250,001 to $500,000 | 7 loans $1.7 million | 2 loans $531,000 |
| All small farm loans | 33 loans $3.6 million | 52 loans $2.3 million |
Balances are loans outstanding on the report date, not loans made during the year, and they include loans the bank bought. Shares are of gross loans and leases. The change over the year includes loans gained through mergers or bought from others. A category with no balance does not mean the bank never makes that kind of loan; ask the bank.
Home loans reported under HMDA (2025)
FFIEC HMDA data, 2025Friend Bank reported 68 originated home loans for 2025 under the Home Mortgage Disclosure Act, totaling about $12.7M (median loan about $125,000). 37 were home-purchase loans.
By loan purpose
| Purpose | Loans | Share |
|---|---|---|
| Home purchase | 37 | 54% |
| Refinance (incl. cash-out) | 21 | 31% |
| Home improvement | 7 | 10% |
| Other purpose | 3 | 4.4% |
By loan type
| Loan type | Loans | Share |
|---|---|---|
| Conventional | 68 | 100% |
Included above: 4 loans on multifamily (5+ unit) properties.
Where the loans were made
Counties with the most 2025 originations, out of 9 counties with at least one; 96% of its 2025 loans were for properties in Alabama:
- Houston County, AL (40)
- Geneva County, AL (19)
Filed under LEI 54930033V1OQ5VFHI630 as “Friend Bank”; matched by its RSSD ID on the CDFI Fund list, which the HMDA reporter panel links to this LEI.
Source: FFIEC Home Mortgage Disclosure Act (HMDA) data for 2025, snapshot frozen 2 Jun 2026, loan-level records read through the CFPB HMDA Data Browser API on 3 Nov 2026. Originated loans only; applications that were denied, withdrawn or not accepted are not counted. HMDA publishes each loan amount as the middle of a $10,000 band, so totals and medians are approximate. Counts under 3 are not shown. How we match lenders.
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Median SBA 7(a) loan it approved, FY2020–FY2026 | $120,000 (19 loans) | All 7(a) lenders in Alabama: $289,800. Larger than the median loan of 27% of the 97 other certified CDFIs with 10 or more 7(a) loans. |
| SBA approvals, FY2023–24 → FY2025–26 | 4 → 0 | Rank among the 7 certified CDFIs in Alabama with SBA approvals in either period: 2 → 5. |
| Total assets (Call Report, 30 Jun 2026) | $221 million | Larger than 42% of the 26 other certified banks and bank holding companies in Alabama (median $238.6 million). |
| Loans as a share of assets | 65% | Median of the same 26 banks and bank holding companies: 54%. A higher share means more of its balance sheet is lent out. |
| Loans held, 30 Jun 2025 → 30 Jun 2026 | $132.7 million → $142.7 million (+7%) | Median change of 26 other certified banks and bank holding companies in Alabama: +6%. Rank by loans held among these 27: 15 → 15. |
| Home loans originated in 2025 (HMDA) | 68 | More than 32% of the 263 other certified CDFIs that reported 3 or more (120 at the median). Volume only; nothing here is an approval rate. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Median SBA 7(a) loan | certified CDFIs with 10+ 7(a) loans, nationwide | 97 | larger than 27% |
| SBA approvals then vs now | certified CDFIs in Alabama with SBA approvals FY2023–2026 | 6 | rank 2 → 5 of 7 |
| Call Report total assets | other certified banks and bank holding companies in Alabama | 26 | larger than 42% |
| Loans held then vs now | certified banks and bank holding companies in Alabama reporting both dates | 26 | rank 15 → 15 of 27 |
| HMDA home loans | certified CDFIs with 3+ originations in 2025, nationwide | 263 | more than 32% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. SBA 7(a) & 504 FOIA data as of 30 Sep 2026. Assets and loans: FFIEC and NCUA Call Reports (see the loan-mix section). Home loans: FFIEC/CFPB HMDA data.
SBA loans approved
SBA data as of 30 Sep 2026The SBA's public loan data lists 26 SBA-backed approvals for Friend Bank in fiscal years 2020–2026 (October 2019 to September 2026):
- 19 7(a) loans as the lender: $3.4M in total (gross amount approved), median $120,000
- 7 504 projects as the third-party (first-lien) lender: $2.7M in total (its own third-party loan amount), median $361,000
By fiscal year: FY2020 6 · FY2021 11 · FY2022 5 · FY2023 3 · FY2024 1 · FY2025 0 · FY2026 0.
What actually happened
- Size of its 7(a) loans: half were between $67,500 and $195,450, median $120,000 (19 loans)
- Term of its 7(a) loans: median 60 months (5 years) (19 loans)
- Fixed or variable: 53% of its 7(a) loans had a fixed rate (19 loans)
- Young businesses: 74% of its 7(a) loans went to a startup or a business two years old or less (19 loans with an answer)
Descriptive only: what the SBA file records for loans this lender approved in fiscal years 2020–2026. Each figure covers at least 10 loans; with fewer we show nothing. It is not an offer, not the rate or term you would get, and says nothing about your chance of approval.
By program
- 7(a) SBA Express (16, 62%)
- 504 projects (as the third-party lender) (7, 27%)
- 7(a) standard (3, 12%)
Borrower industries
NAICS sector, 3 or more loans.
- Wholesale trade (6)
- Retail trade (6)
- Accommodation and food services (3)
Where borrowers are
County of the borrower's ZIP code, 3 or more loans.
- Houston County, AL (13)
- Geneva County, AL (5)
How this lender was matched in the SBA files: FDIC cert 2828, found through the RSSD ID on the CDFI Fund list (SBA lists “Friend Bank”); 504 third-party lender name: same name, state and city (SBA lists “Friend Bank”).
Approved is not the same as paid out: an approved loan can be reduced or never drawn. SBA lists the lender each loan is currently assigned to, which can differ after a merger or loan sale. Friend Bank may also make loans outside SBA programs, which are not counted here, and SBA Microloans are not in these files. For 504 projects, the CDC amount is the SBA-backed portion and the third-party lender amount is that lender's own first-lien loan.
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.
Other certified CDFIs in Slocomb and Alabama
- SNB Holdings, Inc.Bank holding company · Slocomb, ALAgriculture / farm loans, Auto / vehicle loans, Commercial real estate loans, Home mortgages…Verified
- AOD Federal Credit UnionCredit union · Bynum, ALAgriculture / farm loans, Auto / vehicle loans, Home mortgages, Personal / consumer loans…Verified
- Bank of VernonBank or thrift · Vernon, ALAuto / vehicle loans, Small-dollar / emergency loans, Equipment loans, Home mortgages…Verified
- CNB Bancorp Inc.Bank holding company · Mobile, ALCommercial real estate loans, Equipment loans, Home mortgages, Personal / consumer loans…Verified
- Commercial Bancshares of Ozark, Inc.Bank holding company · Ozark, ALAuto / vehicle loans, Commercial real estate loans, Equipment loans, Home mortgages…Verified
- Commercial Bank of Ozark, TheBank or thrift · Ozark, ALAuto / vehicle loans, Commercial real estate loans, Equipment loans, Home mortgages…Verified
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