Average User Rating:2 star rating based on 3 reviews.
AloStar Bank of Commerce
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3680 Grandview Parkway, Suite 200 Birmingham, AL 35243 1-877-738-6391 www.alostarbank.com  |
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AloStar Bank of Commerce is headquartered in Birmingham and is the 10st largest bank in the state of Alabama. It is also the 863rd largest bank in the nation. It was established in 2011 and as of December of 2012, it had grown to 109 employees at 1 location. AloStar Bank of Commerce's money market rates are 36% higher than the national average, and it has a 4-star health rating.
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AloStar Bank of Commerce is offering two special CDs with very competitive rates: a 1.25% APY 1-year CD and a 1.40% APY 2-year CD. Minimum deposit is $1,000, and the maximum opening deposit is $250,00 ...
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2011
See Rates for: Checking | Savings | Money Market | CD | IRA
AloStar Bank of Commerce Checking Account Rates
AloStar Bank of Commerce Savings Account Rates
AloStar Bank of Commerce Money Market Rates
AloStar Bank of Commerce CD Rates
| Apy | Min | Max | Product | |
| 1.55% | $1k | - | 60 Month CD | |
| 1.25% | $1k | - | 36 Month CD | |
| 1.05% | $1k | - | 24 Month CD | |
| 0.95% | $1k | - | 18 Month CD | |
| 0.85% | $1k | - | 12 Month CD | |
| 0.70% | $1k | - | 9 Month CD | |
| 0.60% | $1k | - | 6 Month CD | |
| 0.50% | $1k | - | Business 24 Month CD | |
| 0.45% | $1k | - | 90 Day CD | |
| 0.30% | $1k | - | Business 12 Month CD | |
| 0.25% | $1k | - | Business 9 Month CD | |
| 0.20% | $1k | - | Business 6 Month CD | |
| 0.15% | $1k | - | Business 90 Day CD | |
| 0.10% | $1k | - | 30 Day CD | |
| 0.10% | $1k | - | Business 30 Day CD |
AloStar Bank of Commerce IRA Rates
Data for Q4 2012
Institution Statistics
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Institution Health
Overall Score:
4 out of 5 
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Will Not Do Business With Alostar Again
- mahalo - Friday, August 31, 2012 - 1:06 PMWe used Alostar Bank (formerly Nexity) for a HELOC and when we ran into trouble with the home values decreasing in our area, we attempted to refinance. Alostar refused to subordinate and it killed the deal. 2 years later, we tried to refinance again - to better our situation and actually put more money towards the payoff of the HELOC, however, Alostar would not even compromise.
I'd stay far away from this bank as the actions we've seen above speak to their level of personal relationship with their customers.
AWESOME SERVICE!!!!
- DCMPen - Tuesday, August 21, 2012 - 9:09 AMYou get a representative to speak with without having to go into the mechanical filtering. The same representatives from Nexity are there and helped me get statements from back in 2007 when I had opened my account. I do not blame them for taking responsibility on how to manage my checkbook, I am greatly satisfied with this bank and its service that I receive when I contact them personally.
3-year Term IRA CD
1.21% APY
Capital One 360
360 Checking Account
0.85% APY
Happy To Charge Extra Fees! Alostar Representatives Filled With Major Attitude.
We have had a business account with them and the bank they took over for around ten years.
They left a voicemail at 9:18am to inform that we had a couple small (less than $500 total) checks that we didn't have enough in our checking account to cover. The rep asked for a call back by noon.
We had between $60,000 and $80,000 in our money market account that is linked to our checking.
We were unable to call back right away, but transfered plenty of $$$ within NINE MINUTES of the voicemail.
At 1:00pm, when we had more than $5,000 in our checking account, they "bounced" both checks and charged us $60. Of course, we'll be charged even more by the vendors whose checks bounced.
After Nexity Bank had treated us so well for so many years, it's a shame that their representatives treated us only with (major) attitude when we asked why our checks were bounced when we had more than TEN TIMES the funds to cover. The answer was: you didn't call like we wanted.
Can't close our account right now (too many checks with all of Alostar/Nexity info on them), but at the next opportunity (a few months from now), we will definitely do so. Too bad that for $60 they are willing to lose a profitable, long-time customer. :-(