Welcome to INTERVEST NATIONAL BANK Online! Their headquarters is located in the heart of New York City and they maintain a full service banking location at One Rockefeller Plaza, New York, New York. In addition, their Florida Division has six branches serving Clearwater and Pinellas County.
Customers BEWARE!!!! I have had two C.D.s with this bank. I will never do business with them again. Customer service people are very rude. I have 8 C.D.s with 6 different banks and never a problem. I was married and changed my address. I sent the appropriate paperwork to let them know this, but they would not change the name on the account or the address without a charge of $25. for each change!!!! This was for their benefit--not mine, and they refused to change either. It was a mess. None of my other banks charged anything to make these changes. They call it a "business" decision. I call it greed and unethical.
Customer experience was TERRIBLE! I have had two CDs totaling $200,000. with this bank for almost 10 years. One of the CDs matured while I was out of state. My mail was being held at the Post Office so I didn't receive the maturity notice until I returned home and picked up the mail. I wound up being 19 days late in calling them to retrieve the CD. So, this "customer friendly" bank charged me $4,543.18 in penalty fees to get my CD. Seems they have the right to renew the CD at the same 5 year term when you are late retrieving your money and then charge you 2.5 years worth of interest to give you your money. Can you believe that 19 days cost me that kind of money! There is no Federal Law that says they have to do this. It's just their policy!! SO, BE CAREFUL WHEN YOU DEAL WITH THIS BANK; don't be late and don't make a mistake. ALL THEY WANT IS YOUR MONEY! And no wonder Banks are getting such a bad name!!
I've had a good experience with this banks' customer service.
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Intervest National Bank had $50.66 million in non-current loans and owned real-estate with $268.7 million in equity and loan loss allowances on hand to cover it. This gives Intervest National Bank a Texas Ratio of 18.85% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Intervest National Bank decreased slightly from 23.41% as of December 31, 2012 to 18.85% as of December 31, 2013, resulting in a positive change of 19.46%.This indicates that the balance sheet and financial strength for Intervest National Bank has improved slightly in recent periods.
In the past year, Intervest National Bank has decreased its total deposits by -$83.25 million, resulting in -5.97% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Intervest National Bank has shown is below average.
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Intervest National Bank has $1.56 billion in assets with $268.7 million in equity, resulting in a capitalization level of 17.28%, which is excellent.
|FDIC Certificate #||35011|
|Assets and Liabilities|
|Equity Capital||$240.92 million|
|Loan Loss Allowance||$27.78 million|
|Unbacked Noncurrent Loans||$39.99 million|
|Real Estate Owned||$10.67 million|
|Historic Data - December 2012|
|Equity Capital||$254.82 million|
|Loan Loss Allowance||$28.05 million|
|Unbacked Noncurrent Loans||$39.99 million|
|Real Estate Owned||$15.92 million|
|Profit Margin - Quarterly|
|Net Interest Margin||2.65%|
|Return on Assets||0.99%|
|Return on Equity||6.33%|
|Interest Income||$66.22 million|
Always verify rates and promotions with the bank or credit union. We are not Intervest National Bank, we are a rate comparison website and can not provide official rates or promotions.
|0.45%||$1k||-||IRA Money Market Account|
|0.43%||$100k||-||Business Money Market Account|
|0.43%||$100k||-||Money Market Account|
|0.45%||$100k||-||Business Interest Checking|
|2.07%||$95k||-||10 Year Jumbo CD|
|2.05%||$2,500||-||10 Year CD|
|2.03%||$2,500||-||9 Year CD|
|2.01%||$2,500||-||5 Year CD|
|2.01%||$2,500||-||8 Year CD|
|1.99%||$2,500||-||7 Year CD|
|1.97%||$2,500||-||6 Year CD|
|1.65%||$2,500||-||4 Year CD|
|1.45%||$2,500||-||3 Year CD|
|1.08%||$2,500||-||30 Month CD|
|1.01%||$2,500||-||2 Year CD|
|0.84%||$2,500||-||18 Month CD|
|0.68%||$2,500||-||1 Year CD|
|0.30%||$2,500||-||6 Month CD|
|2.07%||$95k||-||10 Year Jumbo IRA (Traditional,Roth,CESA)|
|Intervest National Bank Locations|
|Intervest National Bank||1 Rockefeller Plaza||New York, NY 10020|
|Belcher Road Branch||1875 Belcher Road North||Clearwater, FL 33765|
|Nursery Road Branch||2175 Nursery Road||Clearwater, FL 33764|
|Ulmerton Road Branch||2575 Ulmerton Road||Clearwater, FL 33762|
|Mandalay Branch||483 Mandalay Avenue||Clearwater Beach, FL 33767|
|Intervest Bank Branch||625 Court Street||Clearwater, FL 33756|
|Gulfport Boulevard Branch||6750 Gulfport Boulevard South||South Pasadena, FL 33707|