All America Bank is headquartered in Oklahoma City and is the 49th largest bank in the state of Oklahoma. It is also the 1,849th largest bank in the nation. It was established in 1969 and as of December of 2021, it had grown to 111 employees at 7 locations. All America Bank has an A 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.
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.
Currently great rate for IRA Savings, but only available by going to a branch - in Oklahoma only.
Also, it's an unusual savings account in that you need to commit to keep the money in the account for a year at a time, like a CD.
Good customer service, though: phone call was answered quickly and questions answered.
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!
Overall | |
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FDIC Certificate # | 20093 |
Year Established | 1969 |
Employees | 111 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.72% |
Return on Equity - YTD | 17.05% |
Annual Interest Income | $21.9MM |
Assets and Liabilities | ||
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Assets | Q4 2021vs Q4 2020 | $463.8MM$452.6MM |
Loans | Q4 2021vs Q4 2020 | $382.8MM$372.6MM |
Deposits | Q4 2021vs Q4 2020 | $416.4MM$406.4MM |
Equity Capital | Q4 2021vs Q4 2020 | $47.2MM$45.9MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $5.9MM$5.0MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $4.4MM$6.2MM |
Real Estate Owned | Q4 2021vs Q4 2020 | $101.00K$1.2MM |
Rates for All America Bank are currently being reviewed.
All America Bank Locations | ||
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Mustang Branch | 44 West State Hwy 152 | Mustang, OK 73064 |
All America Bank | 200 South Rockwell Avenue | 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 |