All America Bank is headquartered in Oklahoma City and is the 45th largest bank in the state of Oklahoma. It is also the 1,756th largest bank in the nation. It was established in 1969 and as of June of 2022, it had grown to 116 employees at 7 locations. All America Bank has a B health rating.
I opened the Mega Money Market account last year and have been extremely please with customer service and their rates. They just raised interest rates to 2.5% and increased their maximum balance from $35,000 to $50,000. Their daily transfer rate for ACH transfers from your checking account is $5,000 but with prior approval you can increase this, so I called the Mustang office and the lady who answered the phone took care of my request and I was able to complete the transfer with the app on my iPhone. Very convenient and easy customer care with this bank. I don't live in Oklahoma but the app and easy phone calls make it seem like they are just around the corner.
I have nothing but great things to say about this bank, also known as Redneck Bank. I started with a rate of over 5% and only required to use 10 debits a month. The rate is now 2 % but they now offer Money Market accounts at 1.5% but still not a bad rate for 2017.
I highly recommend this bank and they have fantastic customer service. Keep up the great work guys!!
I will continue with this bank!
Now you’re talkin’! Yippee!
Rewards checking: 4.5% ($15K max, 10 debits)
Mega Money Mkt: 4.25% ($75K cap)
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.
|FDIC Certificate #||20093|
|Return on Assets - YTD||1.91%|
|Return on Equity - YTD||19.39%|
|Annual Interest Income||$11.5MM|
|Assets and Liabilities|
|Assets||Q2 2022vs Q2 2021||$493.7MM$476.4MM|
|Loans||Q2 2022vs Q2 2021||$413.7MM$381.4MM|
|Deposits||Q2 2022vs Q2 2021||$415.5MM$429.1MM|
|Equity Capital||Q2 2022vs Q2 2021||$46.7MM$46.9MM|
|Loan Loss Allowance||Q2 2022vs Q2 2021||$6.3MM$5.6MM|
|Unbacked Noncurrent Loans||Q2 2022vs Q2 2021||$5.5MM$4.3MM|
|Real Estate Owned||Q2 2022vs Q2 2021||$299.00K$267.00K|
Rates for All America Bank are currently being reviewed.
|All America Bank Locations|
|Mustang Branch||44 West State Hwy 152||Mustang, OK 73064|
|All America Bank||200 S Rockwell Ave||Oklahoma City, OK 73128|
|Cache Branch||605 South 8th Street||Cache, OK 73527|
|Elgin Branch||8217 Us Highway 277||Elgin, OK 73538|
|Medicine Park Branch||24077 State Hwy 49||Medicine Park, OK 73557|
|Bank Of The Wichitas Branch||623 E Street||Snyder, OK 73566|
|Southwest State Bank Branch||122 East Main Street||Sentinel, OK 73664|