Anchor Bank


Reviews (1)

Mediocre bank

After having banked with Anchor Bank for over 5 years, I walked away from the experience not having much to say. The customer service was always ok, but nothing ever stood out. I probably would have continued to use this bank to this day, but I had a bad experience in regards to an overdraft fee that they would not remove, which made me want to start looking for another bank. When I asked them if they could remove the overdraft fee they refused, and I told them at that time I would be leaving. They made no attempt to stop me.

Their mobile experience is sub-par, with the Android app looking like it's stuck in the early 2005's. They do offer services such as bill pay, and external transfers, but so does everyone nowadays. Like I said before, they are mediocre. Nothing stands out. I guess that's what a local bank is, really. Just a place to park your money and hope nothing happens.



Health
A+

Health Grade Components

Overall
FDIC Certificate #57633
Year Established2004
Employees427
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.32%
Return on Equity - YTD11.55%
Annual Interest Income$22.1MM
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$1.63B$1.04B
LoansQ1 2019vs Q1 2018$1.33B$857.0MM
DepositsQ1 2019vs Q1 2018$1.33B$867.8MM
Equity CapitalQ1 2019vs Q1 2018$188.8MM$129.3MM
Loan Loss AllowanceQ1 2019vs Q1 2018$11.8MM$11.1MM
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$3.0MM$449.00K
Real Estate OwnedQ1 2019vs Q1 2018$167.00K$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Anchor 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.

Anchor Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$100-Statement Savings
0.15%*$15k*-Health Savings Account
OTHER TIERS: 0.05% $1 - $10k | 0.10% $10k - $15k
0.10%$5-Youth Savings

Anchor Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.36%$25k-Premium Money Market
0.15%*$50k*-Trade Wind Money Market
OTHER TIERS: 0.05% Up to $25k | 0.10% $25k - $50k
0.15%*$100k*-Navigator Money Market
OTHER TIERS: 0.05% $1k - $25k | 0.10% $25k - $100k

Anchor Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$1k-Interest Checking
0.05%$1k-Interest Business Checking

Anchor Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%$500-60 Month CD
1.36%$500-48 Month CD
1.16%$500-36 Month CD
0.75%$500-18 Month CD
0.45%$500-30 Month CD
0.35%*$50k*-12 Month CD
OTHER TIERS: 0.20% $500 - $10k | 0.25% $10k - $25k | 0.30% $25k - $50k
0.10%$500-6 Month CD
0.10%$500-9 Month CD

Anchor Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%$100-60 Month IRA
1.36%$100-48 Month IRA
0.75%$100-18 Month IRA
0.45%$100-30 Month IRA
Locations

Availability



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