Banesco USA
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.85% | 1-year CD | 2.75% - Barclays 12 Month Online CD |
| 2.95% | 2-year CD | 2.80% - Barclays 24 Month Online CD |
| 2.95% | 3-year CD | 2.85% - Barclays 36 Month Online CD |
Banesco USA is headquartered in Coral Gables and is the 18th largest bank in the state of Florida. It is also the 629th largest bank in the nation. It was established in 2006 and as of September of 2018, it had grown to 210 employees at 4 locations. Banesco USA's money market rates are 5X the national average, and it has an A health rating.
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Nice Bank
have been doing business with this bank over 2 years and they are excellent to do business with
Interest Not Credited On CD
I opened a 2 year CD at a rate of 2.50% 10 months ago. It was an excellent rate at the time. It is now 10 months later and no interest has been credited to the account. I made a long distance move around that time and don’t have access to the disclosures, so I suspect this is one of those situations where the interest will not be paid until maturity. Also, setting up the account was not straightfoward, and my funds were taken from my funding account before it had been verified.
Pretty sketchy practices. I plan to close out this account and take the early deposit hit. Competitor rates are currently over 2.80% so I expectto make up for this hit.
Data as of Q3 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57815 |
| Year Established | 2006 |
| Employees | 210 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.87% |
| Return on Equity - YTD | 10.61% |
| Annual Interest Income | $38.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $1.25B$1.03B |
| Loans | Q3 2018vs Q3 2017 | $935.6MM$779.7MM |
| Deposits | Q3 2018vs Q3 2017 | $1.05B$921.3MM |
| Equity Capital | Q3 2018vs Q3 2017 | $97.2MM$92.8MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $10.8MM$8.9MM |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $2.1MM$6.0MM |
| Real Estate Owned | Q3 2018vs Q3 2017 | $0$2.8MM |
Always verify rates and promotions with the bank or credit union. We are not Banesco USA; 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.
Banesco USA Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.47% | $300 | - | BanesGrow Savings Account |
Banesco USA Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.27%* | $100k* | - | BanesFlex Money Market Account | ||
| OTHER TIERS: 1.15% → $2.5k - $100k | |||||
Banesco USA CD Rates
| Banesco USA Locations | ||
|---|---|---|
| Banesco Usa | 150 Alhambra Circle, Suite 100 | Coral Gables, FL 33134 |
| Weston Lakes Branch | 316 Indian Trace Road | Weston, FL 33326 |
| Doral Boulevard Branch | 9500 NW 41 Street | Doral, FL 33178 |
| Westchase Linebaugh Branch | 795 West 49th Street | Hialeah, FL 33012 |
| Hato Rey Branch | 255 Avenue Ponce De Leon | San Juan, PR 00917 |