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.
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
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.
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 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 (poof....like 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.
Overall | |
---|---|
FDIC Certificate # | 20093 |
Year Established | 1969 |
Employees | 120 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.09% |
Return on Equity - YTD | 12.96% |
Annual Interest Income | $8.1MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2023vs Q1 2022 | $575.0MM$475.5MM |
Loans | Q1 2023vs Q1 2022 | $483.7MM$391.9MM |
Deposits | Q1 2023vs Q1 2022 | $527.7MM$412.8MM |
Equity Capital | Q1 2023vs Q1 2022 | $46.2MM$47.2MM |
Loan Loss Allowance | Q1 2023vs Q1 2022 | $6.3MM$6.0MM |
Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $4.6MM$5.3MM |
Real Estate Owned | Q1 2023vs Q1 2022 | $246.00K$299.00K |
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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
4.50% | - | - | Individual Retirement Account | |
2.00% | - | - | Regular Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
5.30% | - | $15k | Ultimate 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 Locations | ||
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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 |