Academy Bank
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 3.03% | 5-year CD | 3.10% - Synchrony Bank 60 Month CD |
| 1.81% | 1-year CD | 2.50% - Synchrony Bank 12 Month CD |
| 0.05% | Savings |
Academy Bank is headquartered in Kansas City and is the 21st largest bank in the state of Missouri. It is also the 608th largest bank in the nation. It was established in 1966 and as of June of 2018, it had grown to 558 employees at 75 locations. Academy Bank's money market rates are 4X the national average, and it boasts an A+ health rating.
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Finally A Customer Friendly Bank
I had heard good things about Academy Bank, but until recently most of their branches were in Walmart. I felt like I didnt shop at Walmart enough to have a bank account there, but their employees are so friendly and professional, always greeting me or telling me to have a nice day, I finally decided to talk to them. I told them upfront I wasn't interested in opening an account but said they deserved a compliment for their friendliness and professionalism. I made them a deal that I'd open an account if they ever opened a traditional branch, bc I like drive thrus. Well, just found they've opened 5 or so within the last year and apparently more are to come. I'm a man of my word, so I checked their branch on Shawnee mission parkway, and I was blown away. I like to support local and especially family owned businesses in KC, but I did not accept these guys to roll out technology like the big boys. The staff was just as friendly as those in Walmart, but I felt like I stepped into the future. They ATM's with video screens that allowed me to talk to a live teller. A concierge (yes, a bank concierge) walked me thru the process, gave me a tour, and I set up an account on the spot. They had all the nifty technology of the big banks but I still felt the family-owned presence. I've gone on too long,
Just check them out.
Love Academy!
We started a checking account with this bank a few years ago and have loved it ever since. It didn't have many if any fees, and that was good for us.
Academy bank decent local bank if you have bad credit
I had bad credit during / after the 2008 crisis. I had some overdrafts at other banks. I was able to get an account with Academy which I appreciate. Most other banks have a system which checks or blacklists you if that is the case. But Academy allowed me and others to get an account to move on up in life and finances. Their fees are too much however and since then I only use it to have my Aunt send me money every month. It is good if you live in the area and are blacklisted from some of the bigger banks which run a check on you. I think it is even called Chexsystem or something. The bank is located in some Walmarts in the Colorado area and that made it very convenient for me and others who visit Walmart from time to time.
Academy Bank
Academy bank is the worst bank to bank with. They put smart atm’s in so that people could make deposits after hours and the machines break down often. I went to put money in through the smart machine and it was down. I was told the next day when I came in if the manager seen that I came to actually put money in that she would refund the overdraft fee. A week later I look at my account the bank did not pay the amount that I got a over draft fee for the first time but the fee was never refunded. I went in to find out why the fee was not refunded the manager lies and says she never told me she would give me a refund. She said if I was there at 6:30 then she would. The bank closes at 7pm so if I came at 6:30 I would have seen a teller. So that proves she was lying. Now I have another fee because the merchant ran it through again. She said but this time we will actually pay it. I said that makes no sense it was short .39. Now because I have two fees it’s short 9.39 and y’all are gonna pay it. How???? This bank is scamming people out of their hard earned money and was rude in the process. Terrible bank to bank with. Go anywhere else but here.
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 19600 |
| Year Established | 1966 |
| Employees | 558 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.56% |
| Return on Equity - YTD | 9.65% |
| Annual Interest Income | $27.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $1.30B$1.24B |
| Loans | Q2 2018vs Q2 2017 | $942.5MM$868.6MM |
| Deposits | Q2 2018vs Q2 2017 | $981.6MM$909.7MM |
| Equity Capital | Q2 2018vs Q2 2017 | $213.1MM$202.0MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $13.3MM$11.5MM |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $9.2MM$12.8MM |
| Real Estate Owned | Q2 2018vs Q2 2017 | $256.00K$1.2MM |
Always verify rates and promotions with the bank or credit union. We are not Academy Bank; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Academy Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | - | - | Student Savings | |
| 0.05% | - | - | Savings Account | |
| 0.05% | - | - | Business Savings |
Academy Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.76%* | $250k* | - | Premier Money Market | ||
| OTHER TIERS: 0.40% → $1k - $10k | 0.60% → $10k - $25k | 0.70% → $25k - $50k | 0.80% → $50k - $100k | 1.00% → $100k - $250k | |||||
| 1.76%* | $250k* | - | Business Premier Money Market | ||
| OTHER TIERS: 0.40% → $1k - $10k | 0.60% → $10k - $25k | 0.70% → $25k - $50k | 0.80% → $50k - $100k | 1.00% → $100k - $250k | |||||
| 1.76% | $10k | - | Premier Money Market - 6 Months Introductory Rate | ||
Academy Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.10%* | $50k* | - | Elite Checking | ||
| OTHER TIERS: 0.05% → Up to $10k | 0.07% → $10k - $25k | 0.08% → $25k - $50k | |||||
Academy Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.03% | $500 | - | 60 Month CD | |
| 3.03% | $500 | - | Business 60 Month CD | |
| 2.93% | $500 | - | 48 Month CD | |
| 2.93% | $500 | - | Business 48 Month CD | |
| 2.83% | $500 | - | 36 Month CD | |
| 2.83% | $500 | - | Business 36 Month CD | |
| 2.73% | $500 | - | 30 Month CD | |
| 2.73% | $500 | - | Business 30 Month CD | |
| 2.68% | $500 | - | Business 24 Month CD | |
| 2.68% | $500 | - | 24 Month Bonus Rate CD Special | |
| 2.22% | $500 | - | 19 Month CD | |
| 2.22% | $500 | - | Business 19 Month CD | |
| 2.12% | $500 | - | 18 Month CD | |
| 2.12% | $500 | - | Business 12 Month CD | |
| 2.12% | $500 | - | Business 18 Month CD | |
| 2.12% | $500 | - | 12 Month Bonus Rate CD Special | |
| 2.07% | $500 | - | 15 Month CD | |
| 2.07% | $500 | - | Business 15 Month CD | |
| 1.81% | $500 | - | 13 Month CD | |
| 1.81% | $500 | - | Business 13 Month CD | |
| 0.70% | $500 | - | 9 Month CD | |
| 0.70% | $500 | - | Business 9 Month CD | |
| 0.60% | $500 | - | 182 Day CD | |
| 0.60% | $500 | - | Business 182 Day CD | |
| 0.50% | $500 | - | 91 Day CD | |
| 0.50% | $500 | - | Business 91 Day CD | |
| 0.45% | $500 | - | 30 Day CD | |
| 0.45% | $500 | - | Business 30 Day CD |
Academy Bank IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.03% | $500 | - | 60 Month IRA | |
| 2.93% | $500 | - | 48 Month IRA | |
| 2.83% | $500 | - | 36 Month IRA | |
| 2.73% | $500 | - | 30 Month IRA | |
| 2.68% | $500 | - | 24 Month Bonus Rate IRA Special | |
| 2.22% | $500 | - | 19 Month IRA | |
| 2.12% | $500 | - | 18 Month IRA | |
| 2.12% | $500 | - | 12 Month Bonus Rate IRA Special | |
| 2.07% | $500 | - | 15 Month IRA | |
| 1.81% | $500 | - | 13 Month IRA | |
| 1.75% | $500 | - | Business 60 Month IRA | |
| 1.60% | $500 | - | Business 48 Month IRA | |
| 1.40% | $500 | - | Business 36 Month IRA | |
| 1.31% | $500 | - | Business 19 Month IRA | |
| 1.20% | $500 | - | Business 30 Month IRA | |
| 1.16% | $500 | - | Business 13 Month IRA | |
| 1.10% | $500 | - | Business 24 Month IRA | |
| 1.00% | $500 | - | Business 18 Month IRA | |
| 0.90% | $500 | - | Business 15 Month IRA | |
| 0.75% | $500 | - | Business 12 Month IRA | |
| 0.70% | $500 | - | 9 Month IRA | |
| 0.60% | $500 | - | 182 Day IRA | |
| 0.50% | $500 | - | 91 Day IRA | |
| 0.45% | $500 | - | 30 Day IRA | |
| 0.40% | $500 | - | Business 9 Month IRA | |
| 0.25% | $500 | - | Business 182 Day IRA | |
| 0.20% | $500 | - | Business 91 Day IRA |
