All America Bank

Overview / Commentary
200 South Rockwell Avenue
Oklahoma City, OK 73128

All America Bank is headquartered in OKLAHOMA CITY and is the 41st largest bank in the state of Oklahoma. It is also the 1,567th largest bank in the nation. It was established in 1969 and as of March of 2023, it had grown to 120 employees at 7 locations. All America Bank's money market rates are 11X the national average, and it has a B+ health rating.

Related Posts

All America Bank/Redneck Bank Ups Mega Money Market APY and Balance Cap - 5/23/2023

All America Bank and Redneck Bank have significantly raised the rates on the nationally available Mega Money Market accounts and increased the balance caps to $100k.

All America/Redneck Bank Deposit Rate Increase - 5/20/2023

All America and Redneck Bank have increased their Mega Money Market APY to 5.05% and their Ultimate Rewards Checking APY to 5.30%.

All America Bank/Redneck Bank Up Money Market and Reward Checking Rates - 4/21/2023

All America Bank and Redneck Bank have substantially raised the rates on the nationally available Mega Money Market account and also increased the balance caps to $75k.

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11/18/20 - **NOTE** Nov 23, 2020 Rate Drop To 0.7%/0.5%
8/17/20 - Slight Rate Drop Effective 8/21/20
7/9/20 - Rate Drop 7/21/20
6/11/20 - All America Bank Mega Money Market Rate Drop
6/11/20 - MMM Effective 6/22/2020 1.09% APY
5/21/20 - Rate Drop 1.6/1.35% 5/20/20
5/21/20 - MMM 1.35% Effective May 21, 2020
3/6/20 - All America Bank/Redneck Bank Mega Money Market - "Effective March 21, 2020 The Rate Is Changing, 1.50% APY*"
10/4/19 - All America Bank - Mega Money Market Checking To 2.25% From 2.40% On 10/22/19
10/3/19 - Effective 10/22/19 The Money Market Yield Will Decline To 2.25%
1/23/19 - All America Bank/Redneck Bank Ups Mega Money Market to 2.50% APY
10/19/18 - All America Bank/Redneck Bank Boosts Mega MMA Rate
10/18/18 - All America Bank Pays 2.25% and 2.75% APY for MMA and Rewards Checking as of 10/22/18
6/22/18 - All America Bank Ups Mega Money Market Rate
2/22/18 - All America Bank/Redneck Bank's MMA Rate Jumps
6/22/17 - All America Bank's Mega Money Market Now Earns 1.50% APY ($35k Max)
6/21/17 - Mega MMA Rate Now 1.50% APY
10/7/15 - Money Market Rate Jump
2/24/14 - AmericaNet, Redneck and Evantage Banks Cutting Reward Checking Rates - Still Worthwhile?
8/18/13 - Mega Money Market Account Rate Drop
12/31/12 - Americanet's Dormant Account Fee
12/14/12 - AmericaNet, Redneck and Evantage Banks Reopen Their Reward Checking Accounts
11/2/12 - Mega Money Market Rate Increasing Later This Month
3/7/12 - Can't Log In To AmericaNet Bank Account
1/25/12 - Bank-To-Bank Transfer Service Discontinued
11/16/11 - "Gotchas" In The Americanet Bank Online Agreement And Disclosure
6/21/11 - Americanet, Evantage, Redneck Banks Cutting Rates By 0.25%
3/17/11 - Rate Cut At America Net Bank Mega Money Market Checking Account
2/23/11 - Americanet Bank Cuts Rate On Rewards Checking From 3.75% To 3.25% APY
2/6/11 - AmericaNet's Mega Money Market & Rewards Checking are Sold Out
1/11/11 - Americanet 3.75%RCA 10K Cap/1% >10K 10 Debit Txns
8/6/10 - Top Money Market Rate Continues at AmericaNet Bank and Evantage Bank
6/7/10 - Another Reader Hit By Americanet's Inactivity Fee
6/3/10 - Update on the Huckabay's Internet Banks and Their Top Rates
3/11/10 - Savings Accounts Remain Competitive at Redneck Bank and its Two Sister Banks
5/25/09 - 4.00% Reward Checking Account at Evantage Internet Bank
4/22/09 - Rate Cuts at Redneck Bank and Its Sister Banks
4/22/09 - 4.00% Reward Checking Account at AmericaNet Bank - Nationally Available
4/10/09 - Redneck Bank Stops Accepting New Applications
3/17/09 - 5.25% Reward Checking Account at an Oklahoma Bank (All America)
3/12/09 - News and Updates for Redneck Bank and Its Two Sister Banks

Rate Increase - 3/21/23

Posted by: |

Overnight the rates went up again

Mega Money Market personal checking....
4.55% APY* on up to $75,000.

Ultimate Rewards personal checking account...
4.80% APY up to $15,000

Almost An Excellent Bank

Posted by: |

The only thing this bank needs is like many other online banks, it needs a better website. Customer Service is excellent, they actually have humans who work here.

*****12/21/22 Rate Increase ***** 4.25/4.5%

Posted by: |

Now you’re talkin’! Yippee!

Rewards checking: 4.5% ($15K max, 10 debits)

Mega Money Mkt: 4.25% ($75K cap)

Per website.

NOTE: Today’s (1/5/23) Treasury auction result of 4.52% for the 8 week bill suggests to me that the chances are quite good that AA/RED rates are likely to be raised at least 1/4% on 1/21.

Good Overall, Sort Of?

Posted by: |

Good basic bank overall, but I had 2 money market checking accounts (to get the higher yield) and verified with them in advance if it's ok to have 2 accounts and have a $0 balance in 1 of them, they said yes for a year and then the will close it after prior notice to avoid dormant fee. I eventually had 1 account with $0 balance to buy T-Bills at Treasury Direct, and linked both accounts together, after a couple of months 1 of my checking accounts were just gone ( magic). I messaged the bank, and they said the account was closed. My sense is this is a small time bank that has a problem with empty accounts for a period of time, and on a side note they have very low liquidity.



Health Grade Components

FDIC Certificate #20093
Year Established1969
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.09%
Return on Equity - YTD12.96%
Annual Interest Income$8.1MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$575.0MM$475.5MM
LoansQ1 2023vs Q1 2022$483.7MM$391.9MM
DepositsQ1 2023vs Q1 2022$527.7MM$412.8MM
Equity CapitalQ1 2023vs Q1 2022$46.2MM$47.2MM
Loan Loss AllowanceQ1 2023vs Q1 2022$6.3MM$6.0MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$4.6MM$5.3MM
Real Estate OwnedQ1 2023vs Q1 2022$246.00K$299.00K
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Always verify rates and promotions with the bank or credit union. We are not All America 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.

All America Bank Savings Account Rates

4.50%--Individual Retirement Account
2.00%--Regular Savings

All America Bank Money Market Rates

5.05%*-$100kMega Money Market Account - Online Only
OTHER TIERS: 0.50% $100k+
4.00%*$100k*-Super Savers MMDA
OTHER TIERS: 2.00% $500 - $2.5k | 2.50% $2.5k - $25k | 2.75% $25k - $50k | 3.00% $50k - $75k | 3.49% $75k - $100k

All America Bank Checking Account Rates

5.30%-$15kUltimate Rewards Checking
1.25%*$2.5k*-NOW Account
OTHER TIERS: 1.00% Up to $1.5k | 1.10% $1.5k - $2.5k

All America Bank CD Rates

4.75%$500-6 Month CD
4.75%$500-1 Year CD
4.75%$500-Business 6 Month CD
4.75%$500-Business 1 Year CD
4.25%$500-2 Year CD
4.25%$500-Business 2 Year CD
3.75%$500-3 Year CD
3.75%$500-Business 3 Year CD
3.49%$500-5 Year CD
3.49%$500-4 Year CD
3.49%$500-Business 4 Year CD
3.49%$500-Business 5 Year CD

All America Bank Locations
Mustang Branch44 West State Hwy 152Mustang, OK 73064
All America Bank200 S Rockwell AveOklahoma City, OK 73128
Cache Branch605 South 8th StreetCache, OK 73527
Elgin Branch8217 Us Highway 277Elgin, OK 73538
Medicine Park Branch24077 State Hwy 49Medicine Park, OK 73557
Bank Of The Wichitas Branch623 E StreetSnyder, OK 73566
Southwest State Bank Branch122 East Main StreetSentinel, OK 73664

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