All America Bank is headquartered in Oklahoma City and is the 41st largest bank in the state of Oklahoma. It is also the 1,845th largest bank in the nation. It was established in 1969 and as of June of 2016, it had grown to 111 employees at 7 locations. All America Bank's money market rates are 3X the national average, and it boasts an A+ health rating.
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No Problems
I have the interest checking account and have had no problems. As long as you adhere to the guidelines there should be no problems.
6 Years And Still Happy!
I have been a member at AmericaNet Bank/AllAmerica Bank since 2010. While I agree that their online banking feels a bit rudimentary, it still gets the job done. Even with not having the easiest online system, they still offer transaction downloads for most banking software AND a mobile app for Apple and Android. (I belong to a couple other more known "high end" banks who don't offer these things.)
I will also say that I parked my money there and just let it collect interest, but last year they charged me a dormancy fee, which is understandable, so I make a small deposit each month and since then, no problems.
This bank offers one of the BEST rates out there for a savings account so I will continue to give them my business!
Americanet Bank Web Site Atrocious
If it were not for it's top-tier yield on it's deposit account I would have rated AmericaNet Bank only one star. What bank sends out to it's customers that their statement is available to view then at it's web site says no statements are available upon properly following correct instructions on the site? This bank has possibly the worst site of on-line financial institutions. I thought a number of months ago that they were going to switch web designers and improve their site but I guess that never materialized. I really don't know if the measly 3/4 of a percent is really worth the aggravation.
This Is For Anyone Using Or Considering Americanet Bank
This is for anyone using or considering AmericaNet Bank, be very very careful! I put $5000 in an AmericaNet Bank savings account because they offered a 2% rate. Every quarter I'd go online and check my account. Well, come to find, after my one year anniversary with AmericaNet Bank they began to charge a $10/month fee. AmericaNet Bank did not provide any notice whatsoever when they started helping themselves to my money. It wasn't until I logged on recently for my quarterly account review I found $20 missing. After invesitigation I found that after one year, if you don't add more money, your account is considered dormant, and AmericaNet Bank starts penalizing your account $10/month every month until you add more money. Almost seems like extortion to me! I've used at least a dozen online Savings accounts and have never had money drained from my account like AmericaNet Bank is doing! No bank has ever penalized me for leaving my money in their account! But AmericaNet Bank does! Beware, beware, beware! AmericaNet Bank is a sham and ripoff.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 20093 |
| Year Established | 1969 |
| Employees | 111 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.13% |
| Return on Equity - YTD | 9.7% |
| Annual Interest Income | $8.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $367.5MM$343.4MM |
| Loans | Q2 2016vs Q2 2015 | $253.1MM$203.0MM |
| Deposits | Q2 2016vs Q2 2015 | $304.4MM$291.2MM |
| Equity Capital | Q2 2016vs Q2 2015 | $42.6MM$41.6MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $1.6MM$1.3MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $317.00K$150.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $235.00K$213.00K |
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.
All America Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.25%* | - | $35k | Mega Money Market (Online Only) | ||
| OTHER TIERS: 0.50% → $35k+ | |||||
All America Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.50%* | - | $10k | Ultimate Rewards Checking | ||
| OTHER TIERS: 0.50% → $10k+ | |||||
| All America Bank Locations | ||
|---|---|---|
| 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 | 8207 Ushwy 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 |