Overview of Ameris Bank

Ameris Bank was established in 1971 – this makes it one of the younger banks operating in the state. It is also one of the largest regional banks in the United States. The bank’s main office is located in the city of Atlanta in Georgia. Within the state of Georgia Ameris Bank has the 5th largest share of deposits and 69% of its deposit base stems from customers within the state. Ameris Bank has branch offices in the following states: Alabama, Florida, Georgia, North Carolina and South Carolina. The bank currently has total assets of $23.5 billion, total net loans outstanding to customers of $16.9 billion and total customer deposits of $19.8 billion. In addition, the FDIC estimates that 56% of the bank’s domestic deposits are insured. The bank currently has a total employee base of 2,869 people. Ameris Bank is also a bank that uses Zelle – this means that its customers can transfer money quickly and for free using the Zelle Network. The bank is publicly traded on the NASDAQ exchange, under the ticker symbol ABCB.

Ameris Bank Checking Accounts

The bank currently three checking account options for customers, including one free checking account option for customers looking to avoid monthly fees:

  1. Amenity Checking Account
    • Minimum deposit: $100
    • Monthly Maintenance Fee: $8 ($6 if enrolled in e-statements)
    • How to Avoid Monthly Fee: Not Avoidable
    • Interest Bearing: No
    • Additional Benefits – Up to $400 of cell phone protection, enrollment in ID Protect Identity Theft Monitoring and Credit File Monitoring alert service.
  2. Advantage Checking
    • Minimum deposit: $1,000 (only $100 if account is opened online)
    • Monthly Maintenance Fee: $20
    • How to Avoid Monthly Fee: maintain a combined personal loan and average daily balance of $25,000 or more per statement cycle.
    • Interest Bearing: Yes
    • Additional Benefits
      • No cost for checks
      • No cost for safe deposit box
      • No cost for incoming wire transfers
      • No charge for purchasing cashier’s checks
      • All ATM fees reimbursed
      • Increase daily limit to $5,000 for debit card signature and point-of-sale transactions
  3. Free Checking
    • Minimum deposit: $100
    • Monthly Maintenance Fee: $0
    • How to Avoid Monthly Fee: Not Applicable
    • Interest Bearing: No

Ameris Bank still charges customers overdraft fees and NSF fees, which currently cost $35.00 per item with a maximum of 3 overdraft charges per day. Customers won’t incur an overdraft fee unless the account is overdrawn by more than $5.00.

Ameris Bank Savings Accounts

The bank currently offers one personal savings account option::

  • Personal Savings Account
    • Minimum deposit: $100
    • Minimum deposit to earn interest: $200
    • Monthly Maintenance Fee: $11 (reduced to $9 if you enroll in e-statements)
    • How to Avoid Monthly Fee: maintain a daily balance of $300 or more
    • Transaction Limits: 6 debit transactions per quarter. $10 fee per debit transaction in excess of 6 each quarter

The bank also offers money market accounts, health savings accounts, certificates of deposit and individual retirement accounts to its customers.

Credit Cards Offered By The Bank

The bank has several options for customers seeking credit cards, including the following (visit the bank’s website to learn more):

  • Ameris Bank Platinum Card
  • Ameris Bank Everyday Rewards+ Card
  • Ameris Bank Max Cash Preferred Card
  • Ameris Bank College Real Rewards Card
  • Ameris Bank Max Cash Secured Card
  • Ameris Bank Secured Card

Other Information for Ameris Bank

  • Ameris Bank Routing Number: 061201754
  • Ameris Bank SWIFT Code: WFBIUS6S
  • Main Office Address: 3490 Piedmont Rd, Ne, Atlanta, GA 30305
  • Website: http://www.amerisbank.com
  • Total Number of Branches: 181
  • Total Number of International Branches: None
  • Number of Employees: 2,869
  • FDIC Certificate Number: 20504
  • FDIC Community Bank: No
  • FDIC Field Office: Atlanta
  • Independent or Subsidiary Bank: Independent
  • Federal Reserve ID Number: 764030
  • Bank Charter Class: NM
  • Primary Regulator: FDIC

Ameris Bank Financial Metrics (as of March 2022):

  • Total Assets: $23.5 billion (increase of 9.9% vs. prior year)
  • Net Loans: $16.9 billion (increase of 6.0% vs. prior year)
  • Total Deposits: $19.8 billion (increase of 9.8% vs. prior year)
  • Return on Equity: 11.2%
  • Return on Assets: 1.48%