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817-335-6664
1320 S. University Drive
Fort Worth, TX 76107

OmniAmerican Bank is headquartered in Fort Worth and is the 33rd largest bank in the state of Texas. It is also the 484th largest bank in the nation. It was established in 2006 and as of December of 2013, it had grown to 281 employees at 15 locations. OmniAmerican Bank has a A health rating.

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Reviews (7)

Run Run Runaround

1 star is being very generous.I have never been treated subhuman until trying to remove deposits from this establishment. Three trips to sign their papers, misleading and false statements, so far two copies of my driver license (careful or they forget? to give it back). An additional trip is still required according to this place. Stay away if you might have a future need for your funds .

Horrible Management... Thieves.

Horrible people all around.  I had overdrawn acct by .17 cents... $35 overdraft fee. Would not remove it for ANYTHING.  Been a customer for over 10 years and only had 1 other draft fee removed years ago.  Lady was a B about it.

My mom banks w/Frost and had 8 overdraft fees. She called them and asked if they could help her because she's having a hard time financially. They saw she had been a customer for a long time and revoed SEVEN of the EIGHT fees. That's a bank that cares.

Omni is only in it to take your money. They're worse than Bank of America... that's bad. ( I should know, I have BOA now.)

 

Bad Service And Disorganized!

I must have called 25 times regarding my car loan and NEVER received a call back! 3 separate trips to the branch in White Settlement! Disorganized and poor customer service!

Lost Title

Horrible experience!! After paying off a 4 year car loan the title was mailed to my old address even after confirming my new address while making the final payment. They then tell me they will mail a "release of lien" and that I will have to pay for a new title.  Left message after message with no return calls from customer service rep. Stay Away from these folks they are disorganized and dont follow up.

Never Ever Do Business With Omni American Bank

It was my first car loan with OmniAmerican bank. I refinanced my loan with my bank with in 1 day my bank mail off a payoff check to OmniAmerican and OmniAmerican did not post the check to my account for a whole month. I called and talked to customer services rep time after time, no one had a clue where my check was then they found the check, and Mrs.Coleman had never posted the check. So my account could be closed. I called and left message after message, she never returned my calls. Hell, No I will never ever do business with OmniAmerican bank again, and I will make sure I tell all my family and friends never to do business with OmniAmerican.

I GUESS WITH ALL THE BAD REVIEWS, I WON't PUT MY MONEY IN THERE.

DO NOT HAVE AN ACCOUNT NOR HAVE I EVER HAD AN ACCOUNT WITH THESE PEOPLE, BUT THE BAD REVIEWS IS ENOUGH TO CONVINCE ME NOT TO HAVE ONE. I HAD CONSIDERED A CD INVESTMENT, BUT THANKS TO ALL THE REVIEWS, I WON'T HAVE TO.

HORRIBLE!!!

WORST BANK EVER!!!! Horrible customer service! Took me an hour to just find out my payoff on a car loan. Very unorganized bank, gives me no faith in our banking system. Over paid on a car note, and they couldn't even tell me how much money I was getting back. TOTAL IGNORAMUSES!!! You are a bank, you should be able to tell me the exact dollar amount I should be getting back! DO NOT BANK THERE!!!!!



Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

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 OmniAmerican Bank had $4.45 million in non-current loans and owned real-estate with $196.15 million in equity and loan loss allowances on hand to cover it. This gives OmniAmerican Bank a Texas Ratio of 2.27% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for OmniAmerican Bank decreased dramatically from 6.49% as of December 31, 2012 to 2.27% as of December 31, 2013, resulting in a positive change of 65.01%.This indicates that the balance sheet and financial strength for OmniAmerican Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
C+

In the past year, OmniAmerican Bank has decreased its total deposits by -$2.52 million, resulting in -0.3% 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 OmniAmerican Bank has shown is average.

Capitalization

GRADE:
A+

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. OmniAmerican Bank has $1.39 billion in assets with $196.15 million in equity, resulting in a capitalization level of 14.10%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #58050
Year Established2006
Employees281
Primary RegulatorOCC
Assets and Liabilities
Assets$1.39 billion
Loans$826.39 million
Deposits$825.34 million
Equity Capital$189.70 million
Loan Loss Allowance$6.45 million
Unbacked Noncurrent Loans$4.28 million
Real Estate Owned$177,000
Historic Data - December 2012
Assets$1.26 billion
Equity Capital$187.70 million
Loan Loss Allowance$6.90 million
Unbacked Noncurrent Loans$4.28 million
Real Estate Owned$4.77 million
Profit Margin - Quarterly
Net Interest Margin3.38%
Return on Assets0.58%
Return on Equity4.1%
Interest Income$48.84 million
Rates

Always verify rates and promotions with the bank or credit union. We are not OmniAmerican Bank, we are a rate comparison website and can not provide official rates or promotions.

OmniAmerican Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.05%$2,500-Omni Savings
0.05%$250-IRA Savings
0.05%$250-Rocky Raccoon Savings Club
0.05%$2,500-Business Savings
0.05%$250-Roth IRA Savings
0.05%$250-CESA Savings

OmniAmerican Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.30%$500k-Money Market Account
0.30%$500k-Money Market Business Savings

OmniAmerican Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.15%$50k-Business Interest Checking
0.15%$100k-Relationship Checking with Interest
0.05%$25k-Checking Plus

OmniAmerican Bank CD Rates

DetailsAPYMINMAXPRODUCT
1.75%$1k-60 Month Certificate
1.75%$1k-Business 60 Month Certificate
1.05%$1k-48 Month Certificate
1.05%$1k-Business 48 Month Certificate
0.90%$1k-36 Month Certificate
0.90%$1k-Business 36 Month Certificate
0.80%$1k-24 Month Certificate
0.80%$1k-Business 24 Month Certificate
0.50%$1k-12 Month Certificate
0.50%$1k-Business 12 Month Certificate
0.30%$2,500-6 Month Certificate
0.30%$2,500-Business 6 Month Certificate

OmniAmerican Bank IRA Rates

DetailsAPYMINMAXPRODUCT
1.75%$1k-60 Month IRA Certificate (Traditional,Roth,CESA)
1.05%$1k-48 Month IRA Certificate (Traditional,Roth,CESA)
0.90%$1k-36 Month IRA Certificate (Traditional,CESA,Roth)
0.80%$1k-24 Month IRA Certificate (Traditional,CESA,Roth)
0.50%$1k-12 Month IRA Certificate (Traditional,CESA,Roth)
Locations

OmniAmerican Bank has 15 locations. Click to view all OmniAmerican Bank locations.